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Job Title:     Manager Forensic, Investigation & Special Audits

Organisation: Exim Bank (Uganda) (EBU)

Duty Station: Kampala, Uganda

About US:

Exim Bank (Uganda) (EBU), commonly known as Exim Bank, is a commercial bank in Uganda. It is one of the commercial banks licensed by the Bank of Uganda (BOU), the central bank and national banking regulator.

Job Summary:   The Manager Forensic, Investigation & Special Audits will be responsible for Monitoring the Bank’s activities by detecting, preventing & investigating fraudulent activities including developing and implementing tools to help detect fraud. Developing, and implementing policies, procedures, methodologies, and tools that would prevent fraud from taking place, and promote the culture and practices of compliance with the rules, and procedures of the bank.

Key Duties and Responsibilities:

• Ensure there is regular fraud awareness through training, broadcasting via circular, and email communication to the Bank staff with lessons learned during previous incidents.
• Identifying fraud champions within each business unit/branch so that it is easy to deliver fraud awareness messages across.
• Follow up on compliance with the mandatory leave policy by engaging the business /unit domain head.
• Implement measures that ensure the whistle-blowing policy is embedded in the organization and ensure that it remains effective and in line with best market practices.
• Put in place a fraud risk assessment and technology-based management information systems to assist in fraud identification, fraud detection, and prevention.
• Design a reporting mechanism to make sure that all incidents that happen across the Bank are immediately reported to the Fraud team.
• Research industry developments in fraud practices and recommend strategies to counter fraud as well as participate in industry anti-fraud events to learn of industry developments and share knowledge.
• Prepare investigation reports to highlight control issues that have occasioned the loss.
• Ensure each investigation report is accompanied by a lesson-learned document to be shared with relevant business units.
• Effectively identify fraud cases that are complex and require the involvement of external advisory services.
• Support police investigations on fraudulent incidences and participate in court proceedings as the bank’s representative.
• Ensure all fraudulent and suspicious activity is fully investigated and documented and conduct snap-check audits across all sources of fraud risk.
• Campaign across the Bank to instill a culture of zero tolerance approach to fraud, zero tolerance approach to bribery, and corruption practices.
• Ensure timely investigation, prosecution, and closure of fraud cases, ensure timely investigation, report submission, and closure of pending fraud cases by setting specific timeliness according to the complexity of the fraud.
• Collaborate with the AML/CTF team to ensure Financial Crime events are swiftly reported to the concerned bodies.
• Regularly liaise with branches and other internal teams to prevent fraudulent applications to minimize losses to the Bank.
• Deploy/develop fraud detection techniques, and tools, and maintain a fraud risk register for identification, assessment, and monitoring of fraud-risk exposures within the bank.
• Liaise with the Finance Department to ensure all entries in fraud GL follow a proper accounting process and ensure those to be written off are timely written off.
• To ensure all entries in the fraud GL have approval from the Fraud unit.
• Represent Exim Bank Uganda in the Uganda Bankers Association in the Frauds & forgeries subcommittee, share learning points, and close the gaps.
• Prepare Reports on potential vulnerabilities to senior management and propose effective mitigants.
• Present the dashboard/MIS to senior management as well as maintain a scorecard/heat map on fraud risk.
• Develop and implement a system of KPIs or KRIs (Key Risk Indicators) and early warning indicators to fraud risk that allow the identification and quantification of existing and potential issues.
• Liaise with senior management regularly reflecting on the fraud aspect and other issues found during daily business activities and proposing how to improve corresponding items.

Qualifications, Skills and Experience:

• The applicant must hold a Bachelor’s degree in business.
• At least five years of experience in investigative Audit within the banking industry.
• CFE professional certification is a must.
• Professional certifications CPA/ACCA, or the equivalent will be an added advantage.
• Unquestionable integrity and utmost professionalism, knowledge of fraud and fraud-related systems in Uganda.
• Risk and risk management, including risk mitigation.
• Sound understanding of all relevant legal requirements related to fraud.
• Excellent analytical, decision making and problem-solving skills.
• Demonstrated ability to work under pressure.
• Self-motivated, driven, and energetic, ability to work effectively within a team, and function autonomously with independent responsibilities and strong attention to detail.
• Previous experience in (CID) Criminal Investigations Directorate of Uganda Police is a must.
• Good working knowledge of MS Office suite particularly Word, Excel, and PowerPoint.

How to Apply:

All candidates should kindly send a cover letter and up-to-date CV to hr@eximbank-ug.com with the subject: JOB APPLICATION: MANAGER FORENSICS, INVESTIGATION & SPECIAL AUDITS

Deadline: 21st March 2024.

NB: Only candidates who meet the minimum requirements shall be contacted.

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