The Ugandan Jobline

• The
  incumbent will identify and assess the compliance risk associated
  with the institution’s current and proposed future business activities,
  including new products, systems, new business relationships and any
  extension of operations or network on an international level;
• Identify
  and keep an inventory available to all staff of essential laws and
  regulation; internal policies, manuals, guidelines and procedures
  pertinent to the organization;
• Manage
  the identification and reporting of any significant regulatory compliance
  breaches or gaps.
• Assess
  the appropriateness of internal policies, procedures and
  guidelines, ensure a follow-up of any identified deficiencies, make
  recommendations for amendments, where necessary, and supervise the
  implementation of corrective measure to mitigate the identified
  deficiencies;
• Keenly
  monitor compliance with internal policies, procedures and guidelines
  across all business units by performing regular and comprehensive
  compliance risk assessment and testing; report the results on a regular
  basis and promptly where deemed necessary to executive management
  and, if necessary, the Board of Directors;
• Train/educate
  all staff with respect to compliance with the applicable laws, rules and
  standards and act as advisor on compliance queries from staff members;
• Oversee
  the development of an effective internal compliance culture by
  promoting the benefits of ethical business conduct and the benefits of
  compliance.
• Work
  closely with the relevant external bodies and regulators on compliance
  matters; exercise any specific legal responsibilities such as reporting
  suspicious transactions related to money laundering and the fight against
  terrorism financing;
• Establish
  and / or supervise appropriate compliance checks and controls.
• Develop
  and maintain an effective support mechanism to enable closure of all
  compliance related exceptions raised within the institution
• Formulate
  an annual work plan.
• Implement
  risk / compliance monitoring tools / maps including activities,
  triggers, probability and actions.
• Oversee
  the implementation of effective internal controls and ensure that these
  are adhered to at all times.

• The applicants for the UGAFODE
  Microfinance Limited (MDI) Compliance Manager job placement should hold a Bachelor’s degree in Law / Business
  Administration or a business related field.
• At
  least three to five years’ experience in banking or related financial
  institution with experience particularly in compliance
• Broad
  knowledge and understanding of laws and regulations governing
  financial institutions
• A
  good understanding of policies, processes, procedures and controls of
  financial institutions
• Energetic
  and ability to be active throughout and willingness to learn
• High
  level of honesty, integrity and confidentiality
• Possess
  excellent communication skills and high level of customer care

Related Jobs