Job Title: Lead, Operations Control
Organisation: Stanbic Bank Uganda
Duty Station: Kampala, Uganda
About Organisation:
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: Work as an internal consultant to the business, to manage the Bank’s assets through effective risk management and control systems with an aim to mitigate risk in transactions and the underlying processes, in partnership with other assurance functions. Support the delivery of an independent assurance on the effectiveness of controls across the business by executing control assurance assessments, within the agreed timeframes, providing assurance on the adequacy and effectiveness of controls.
Key Duties and Responsibilities:
- Proactively identifying and assessing operational and compliance risks to ensure that internal controls are maintained at acceptable levels across the business.
- Support the Manager Internal control with establishing the “First Line of Defence” for the controls applied to the processes in-country through a walk-through check on control
- Undertake checks in Operations in accordance with the agreed schedule, to ensure that procedures and controls are maintained within prescribed and acceptable parameters.
- Liaises with business stakeholders in ensuring that regulatory, group policy standards, minimum operating procedures regulatory & routine controls are observed effectively to minimise the Bank’s exposure to risk.
- Work in partnership with all stakeholders to ensure potential risks and controls are adequately identified and measured appropriately.
- Ensure that all routine controls relating to new products developments and business developments are applied effectively, with particular emphasis on routine compliance.
Qualifications, Skills and Experience:
- First degree in Business, Accounting, Banking or Finance-related field.
- Professional Accounting or Internal Control Qualification will be an added advantage
- 3 to 4 years control experience in banking operations and able to understand complex operation in the financial service sector
- Robust reporting mechanisms for key control performance indicators, exceptions, trends and operational incidents.
- Additional Information
- Technical Competencies:
- Banking Process & Procedures
- Business Process Improvement
- Evaluation of Internal Controls
- Promote Good Governance, Risk & Control
- Risk/ Reward Thinking
- Analytical skills
- Risk identification and assessment skills
Behavioural Competencies:
- Adopting Practical Approaches
- Checking Things
- Developing Expertise
- Examining Information
- Following Procedures
- Managing Tasks
- Producing Output
- Taking Action
- Upholding Standards
How to Apply:
All candidates who wish to join the one of Africa’s biggest Banking Groups, Standard Bank in the aforementioned capacity are encouraged to Apply Online by visiting Link below.
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