The Ugandan Jobline

Job Title:  Supervisor, Regulatory & Statutory Compliance

Organisation: PostBank Uganda Ltd

Duty Station:  Kampala, Uganda

Reports to: Head of Compliance

About US:

PostBank Uganda Ltd is a Government owned bank regulated by Bank of Uganda under the Financial Institutions Act, 2004. The bank focuses on the mass market with operations spread across the country.

Job Summary:   The Supervisor, Regulatory & Statutory Compliance will be responsible to ensure that the institution’s business and conduct fully complies with all the relevant laws, regulations, standards, codes, rules, guidelines, the Bank’s internal policies and procedures as well as ensuring that the Bank is insulated against the risks of legal, regulatory sanctions, financial loss and reputation loss.

Key Duties and Responsibilities:

• Support the Head of Compliance to operationalize and regularly review the effectiveness of the Bank’s Regulatory Compliance Framework.
• Develop and Implement an effective Regulatory Compliance Program for the bank.
• Develop and maintain regulatory awareness amongst all bank employees and agents.
• Ensure that compliance training programs on applicable laws and regulatory requirements are delivered effectively to all employees, agents, and any identified user groups.
• Ensure that all conclusions and recommendations of Bank of Uganda and external audit are reviewed, and implementation process tracked closely.
• Ensure that all legal and regulatory requirements are adequately embedded in all the bank’s Policies, procedures, and processes.
• Track and ensure timely submission of prudential returns as well as responses to queries raised by regulators, correspondent banks, funding partners and other relevant external parties.
• Prepare monthly compliance reports properly detailing statutory and regulatory matters and updates.
• Maintain up-to-date detailed knowledge and understanding of relevant regulations and laws; and their implications upon PBU’s business activities

Qualifications, Skills and Experience:

• The applicant must hold a Bachelor’s degree in commerce, Business Administration, Statistics, or any other relevant Business-related degree.
• Relevant Professional qualification: such as CPA/ACCA is added advantage.
• At minimum of five years’ experience in Banking with a focus on regulatory compliance for at least three years.
• Experience with use of data analytics tools
• A proactive attitude: an individual who maintains the highest professional standards to ensure all risks are managed.
• Ability to build supportive relationships with different groups across the company.
• Makes commercial business decisions and is resilient in the face of resistance.
• Credibility, professionalism, and confidence to implement best practice.
• Ability to consistently demonstrate initiative and confidence in day-to-day dealings with Management.
• Must be a person of impeccable integrity

How to Apply:

All candidates should apply online be sending the following documents:

• Detailed CV
• Certified copies of academic documents
• Applicants address and day time telephone contacts
• Postal/email address and daytime telephone contact of three referees of good standing in society one of which should be your current Supervisor.

Please send your application to hr@postbank.co.ug addressed to the Chief Human Resource Officer and put the job you are applying for as the Subject (Strictly).

Deadline: 7th November 2023

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