Job Title: Anti Money Laundering and Compliance Officer – Shared Organisation: UAP Old Mutual Uganda
Duty Station: Kampala, Uganda
About Organisation:
UAP Old Mutual Uganda is owned by UAP Old Mutual Group, a subsidiary of Old Mutual Limited (OML). The Group employs 27 000 people, operates in 14 countries and is listed on five stock exchanges.
Job Summary: The role of the Anti-Money (AML) Analyst is the monitoring of financial transactions for suspicious activity using specialized software and tools. Conduct detailed investigations into flagged transactions, reviewing documentation, interviewing relevant parties, and consulting with law enforcement if necessary. The AML Analyst create detailed reports on their findings and recommendations, which are used by senior management. Provide support in the implementation of the antimoney laundering policies and procedures laid down by the central bank. Investigate cases when there is circumstantial evidence that money laundering is taking place. Review system generated reports of large amount transactions, investigate, and report unusual transactions. Update anti-money laundering operating procedures covering all areas of transactional activities. Keep abreast of changes in business direction and new business areas of the organisation to ensure that potentially suspicious transactions are identified and adapted where appropriate.
Key Duties and Responsibilities:
- Fraud/Financial Crime Investigation | FINANCE AND ACCOUNTING | FRAUD MANAGEMENT
- Investigate cases of suspected fraud or financial crime. Identify lines of inquiry, and gather and retain information and physical or electronic evidence to support criminal investigation and/or legal action, engaging specialist investigators or subject-matter experts where necessary. Review the evidence gathered and recommend appropriate action to the organization.
- Fraud/Financial Crime Management | FINANCE AND ACCOUNTING | FRAUD MANAGEMENT
- Analyze data to identify and track and report key trends in activities or transactions that indicate high risk of fraud, and report any specific instances of suspicious activity to more senior colleagues.
- Fraud/Financial Crime-Management Systems Development | FINANCE AND ACCOUNTING | FRAUD MANAGEMENT
- Review external research and analysis, and analyze customer or client transactions to identify fraud trends and emerging risks, and to support the development of fraud/financial crime prevention strategies, policies, procedures, and monitoring systems.
- Regulatory and Compliance Management | CORPORATE AFFAIRS | REGULATORY AND REGISTRATION
- Investigate standard incidents using current regulatory and compliance processes, systems, and procedures, and take action to solve immediate compliance issues. Advise more senior colleagues on more complex problems.
- Financial Risk Management | FINANCE AND ACCOUNTING | RISK MANAGEMENT
- Implement financial risk assessment and mitigation through across areas or projects of limited complexity, strategically aligning risk management with unit objectives. Data Collection and Analysis | ANALYTICS AND DATA SCIENCE | DATA SCIENCE Collate and analyze data using preset tools, methods, and formats. Involves working independently.
- Standard Operating Procedures (SOP) Development | QUALITY ASSURANCE | GENERAL
- Take charge of developing and deploying SOPs for a substantial number of operations bearing considerable complexity, scope, and impact.
- Insights and Reporting | ANALYTICS AND DATA SCIENCE | GENERAL
- Contribute to the preparation of various data and analytics reports.
- Operational Compliance | QUALITY ASSURANCE | COMPLIANCE/AUDIT
- Identify, within the team, instances of noncompliance with the organization’s policies and procedures and/or relevant regulatory codes and codes of conduct, reporting these instances and escalating issues as appropriate.
- Personal Capability Building | GENERAL | INNOVATION
- Develop own capabilities by participating in assessment and development planning activities as well as formal and informal training and coaching; gain or maintain external professional accreditation, where relevant, to improve performance and fulfill personal potential. Maintain an understanding of relevant technology, external regulation, and industry best practices through ongoing education, attending conferences, and reading specialist media.
Qualifications, Skills and Experience:
- Bachelors Degree (B): Compliance (Required), Bachelors Degree (B): Risk Management (Required)
Skills
- Accounting, Accounting, Action Planning, Analytical Thinking, Analytics, Building Capability, Business, Business Direction, Coaching, Consulting, Crime Prevention, Criminal Investigations, Data Analysis, Data Compilation, Data Controls, Data Science, Detailed Reports, Development Planning, Finance, Financial Auditing, Financial Crime Prevention, Financial Risk, Financial Risk Assessment, Financial Risk Management (FRM), Fraud Management {+ 18 more}
How to Apply:
All candidates should apply online at the link below.
Deadline: 11th July 2025
For more of the latest jobs, please visit https://www.theugandanjobline.com or find us on our facebook page https://www.facebook.com/UgandanJobline
Level of Education: Bachelor Degree
Work Hours: 8
Experience in Months: no experience required