Manager Compliance Monitoring Job Placement – Stanbic Bank

Organisation: Stanbic Bank
Duty Station: Kampala, Uganda
About US:
Stanbic Bank Uganda Limited is a subsidiary of Stanbic
Africa Holdings Limited which is in turn owned by Standard Bank Group Limited
(“the Group”), Africa’s leading banking and financial services group. The
Standard Bank Group is the leading banking group focused on emerging markets.
It is the largest African banking group ranked by assets and earnings. Stanbic
Bank Uganda Limited is the largest bank in Uganda by assets and market
capitalization. It offers a full range of banking services through two business
units; Personal and Business Banking (PBB), and Corporate and Investment
Banking (CIB).
Job Summary:  The Manager Compliance Monitoring will support
the Head of Compliance and the embedded business risk management function to
discharge their responsibilities relating to compliance monitoring and
assurance as required by relevant regulatory requirements, applicable codes of
conduct and minimum standards. The incumbent will continuously monitor
compliance with laws and regulations by the organisation and thereby facilitate
the establishment of a compliance culture in the organisation that contributes
to prudent risk management. The jobholder will assist in the prevention of
regulatory fines or penalties through the early identification of potential
areas of non-compliance. The incumbent will 
provide guidance to business in developing remediation
programmes that ensures adherence to regulatory requirements. The jobholder will also 
ensure remedial action is executed to improve the control
environment and prevent any further repeat non-compliance
Key Duties and Responsibilities:  
Compliance Monitoring
Utilise relevant input in formulating a flexible
annual monitoring plan
Co-ordinate planning within the compliance
department and other assurance providers to ensure efficient coverage of
compliance risk
In alignment with methodology execute Compliance
reviews which are strategic, thematic and structural, to deliver the required
level of assurance
Regularly follow-up on issues raised in reviews
to ensure successful resolution of the remedial action
Fostering and maintaining relationships with key
assurance providers in the group and business
Understand the business to effectively identify
and manage the risk areas from a monitoring perspective.  
Continual assessment of methodology for
alignment with industry best practice and group guidelines.
Support provision of input to governance
committees based on the results of compliance monitoring activities
Monitor (on an on-going basis) in conjunction
with the combined assurance structure, the adherence to the Compliance
Governance-, legal- and regulatory standards in order to identify further areas
of improvement and detect significant compliance breaches and exposures
Assist and advise on the resolution of
compliance audit / monitoring issues

Qualifications, Skills and Experience:
The ideal applicant for the Stanbic Bank Manager
Compliance Monitoring job must have risk, Internal Control or Audit experience
At least five years of experience in the
financial services industry, 3 of which should be in Risk, Compliance, Audit,
Internal Control in an international bank
Comprehensive understanding of the financial
sector statutory, regulatory and business environment. 
Exposure to monitoring/auditing principles
Problem solving, planning & decision making
Strong analytical ability at a tactical level
Application of innovative/ creative thinking
Ability to recommend solutions at an operational
Ability to assess the potential implications of
issues identified on a bank-wide basis
Ability to identify appropriate information
sources and perform the necessary analysis to achieve objectives of
Provide support to direct report in interpreting
information, identifying anomalies  and
in formulating solutions
How to Apply:
All candidates are strongly encouraged to apply online at
the link below.
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