Job Title: Head of Compliance
Organisation: Opportunity Bank Uganda
Duty Station: Kampala, Uganda
About Organisation:
Opportunity Bank Uganda Ltd (OBUL) is a member of Opportunity International, a global microfinance institution that provides access to financial services in 27 Countries globally serving over 2 Million customers with Savings, Credit and other transformational services aimed at transforming the lives of low income earners.
Job Summary: The Head of Compliance is responsible for planning, developing, implementing and monitoring compliance risk management strategies for the bank in line with national laws, Bank of Uganda regulations/ guidelines and the bank’s policies and procedures.
Key Duties and Responsibilities:
- Develop, implement and monitor the bank’s compliance framework and ensure that all bank operating procedures meet the compliance requirements as defined by the regulator and bank policies/procedures.
- Prepare and present bank-wide compliance report to EXCO indicating business enhancements/ recommendations.
- Monitor transactions for adherence to Anti-Money Laundering laws and report all non- compliant or suspicious transactions to EXCO and FIA.
- Champion the compliance program to guide overall institutional
- Conduct periodical compliance assessment
- Undertake regular account reviews on accounts of PEP (Politically Exposed Persons) and transaction checks on a monthly basis in line with AML Regulations 2015 and Anti – Money Laundering Act 2013. In this regard the Head of Compliance shall be the Anti- Money Laundering Control Officer(AMLCO) of the Bank.
- As the AMLCO be the contact point for internal and external authorities, including supervisory authorities or the Financial Intelligence Authority, concerning Anti-Money Laundering issues.
- Liaise with regulatory bodies and other financial institutions regarding the relationship we hold with them.
- Coordinate and communicate updates of the bank’s policies and procedures to reflect changes in the regulatory requirements and bank standards.
- Review of the draft updated policies to ensure they reflect changes in the regulatory
- framework and bank’s business plan.
- Train staff on matters relating to compliance covering general bank standards and regulatory requirements.
- Manage the performance of the Compliance team ensuring that each team member has plans and targets in place and is delivering; take appropriate corrective action as required
Qualifications, Skills and Experience:
- Master’s Degree in a related field is an added advantage
- Bachelor’s degree in business, law or related field
- 5 years’ experience working in the regulated sector with over 5 years at middle
- management and at least 2 years’ experience at supervisory level
- Relevant experience in a compliance related field is an added advantage
- Personal skills and abilities
- Leadership and excellent communication skills
- Abreast in changes of the law, and cascade to staff in a simple and understandable way
- Agile and resilient in ensuring all regulatory requirements and Bank standards are adhered to
- Innovative ways in filing documents
- Drawing up a comprehensive compliance checklist on the relevant laws and
Opportunity Bank is an equal opportunity employer. All qualified candidates are encouraged to apply, regardless of disability, gender, marital status, religion and ethnicity.
How to Apply:
Interested candidates should send their signed application letters, academic documents, together with their curriculum vitae to recruitment@opportunitybank.co.ug
Deadline: 6th April 2026
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Level of Education: postgraduate degree
Work Hours: 8
Experience in Months: 60