Job Title: Compliance Supervisor
Organisation: BRAC Uganda Bank
Duty Station: Kampala, Uganda
About Organisation:
BRAC Uganda Bank Ltd launched on 25 April 2019 and attained its current status as a Tier II Credit institution following a successful background as the leading Microfinances services provider in Uganda. The bank operates 32 regulated branches and 131 satellite offices covering 84 districts in Uganda targeting Micro, Small. and Medium Entrepreneurs. BRAC Uganda Bank Ltd promotes financial inclusion by extending financial services to unserved and underserved populations especially women and youth as well as people living in poverty in rural areas. The Bank is operationally and financially self-sustaining with over 231,000 active customers and a loan book in excess of Ushs.175 billion.
Job Summary: To provide support, coordination, oversight and control of the effective compliance risk functions within BRAC Uganda Bank Limited including but not limited to internal operational controls, maintaining and exceeding established deadlines and quality standards that assure efficient and productive compliance operations.
Key Duties and Responsibilities:
- Draft compliance strategy/plan: Initiates draft annual universal capture/areas of focus for compliance department within BUBL by identifying, reviewing and assessing/profiling compliance risks across branches and departments.
- Update obligations register: Keep the Compliance Manager informed on compliance laws, rules, standards and developments in the area. Ensure that the risk-based compliance program appropriately covers all BRAC Business Units / Departments and coordinate activities among the risk management functions.
- Anti-Money Laundering and Combating Financing of Terrorism (AML & CFT): Supports in ensuring that BUBL’s Money Laundering compliance is up to date by monitoring and reviewing AML risk through an efficient identification and monitoring of any suspicious activities process as well as timely reporting.
- Implement the scheduled compliance reviews: Offers supervision to Compliance officers as per approved Annual compliance schedule. Reviews compliance review reports prepared by Compliance Officers and follows up on action plans and preparing an inventory of all issues from branches and departments.
- Continuous monitoring: Supports the attainment of BUBL strategic goals by ascertaining that there are adequate, effective and efficient controls to ensure compliance with all applicable legal and regulatory requirements and with the internal policies and procedures as well as the annual operating plan.
- Compliance Risk Identification and reporting: Continuously supports with identifying, evaluating, and addressing the compliance and operational risks of BUBL and ensures periodic reporting of the compliance risk status to the Compliance Manager.
- Closing pending compliance issues: As approved, visit branches and other departments and close pending and emerging operational compliance in line with agreed issues action plans and timelines.
- Closing internal, external and other regulatory issues:
- Review and reporting: Ensure accurate and timely compliance reports are submitted to the Compliance Manager and to other applicable regulatory bodies in the absence of the Compliance Manager. Also reviews and reports on compliance/non-compliance to lenders covenants and other service level agreements, reviews compliance with regulatory risk limits for BUBL, and other critical entities in line with set policy and procedural standards.
- Compliance Training: Support the Compliance Manager to cultivate a culture of appreciating Compliance risk in BUBL through educating staff on compliance and AML/CFT issues and other awareness sessions.
- Internal policies and procedures: Support with periodic reviews of BUBL’s Compliance Policies and Procedures to ensure that they comply with the Bank of Uganda Guidance Note on Compliance Risk and coordinates periodic reviews of all BUBL’s policies and procedures.
- Take part in, support and guide compliance officers on how to carry out special work tasks like investigations, special monitoring, report drafting, plus collection of follow-up documents and evidence.
Qualifications, Skills and Experience:
- Bachelor’s degree in accounting, commerce, law, business, finance, or a related field.
- At least 3 years’ experience in a financial institution or similar industry.
- Compliance/AML certification is an added advantage.
Knowledge, Skills & Competences
- Strong: computer skills (Word, Excel, Power Point, Spreadsheet etc.)
- Good interpersonal relationships/Working with People
- Adhering to principles & core values
- Good Presentation and Communication Skills.
- Good Writing and Reporting Skills
- Analytical and pays attention to details
- Learning & Researching
- Formulating Strategies
- Decisive and Initiating Actions
How to Apply:
Interested candidates should email their application letter, Curriculum Vitae, and copies of relevant academic documents, IN ONE PDF FILE mentioning the job title as the subject matter to [email protected] NOT later than Monday 28th July 2025 All applications should be addressed to the Head Human Resource BRAC Uganda Bank Ltd in one PDF.
Deadline: 28th July 2025
Note: Only shortlisted candidates will be contacted.
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Level of Education: Bachelor Degree
Work Hours: 8
Experience in Months: 36