Organisation: BRAC Uganda Bank Ltd
Duty Station: Kampala, Uganda
About the Company:
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: The Compliance Manager will be responsible for ensuring that the bank adheres to all applicable laws, regulations, and internal policies. This role involves developing, implementing, and managing the bank’s compliance program, conducting regular audits and risk assessments, and providing training and guidance to bank employees on regulatory matters.
Key Duties and Responsibilities:
- Develop, implement, and manage the bank’s compliance program.
- Conduct regular compliance audits and risk assessments.
- Monitor the bank’s adherence to laws, regulations, and internal policies.
- Identify potential areas of compliance vulnerability and risk.
- Develop corrective action plans for resolving any non-compliant issues.
- Provide training and guidance to bank employees on regulatory matters and bank policies.
- Stay abreast of regulatory changes and advise management on necessary adjustments.
- Collaborate with other departments to create a culture of compliance within the bank.
- Prepare and present reports to senior management and the board of directors
Qualifications, Skills and Experience:
- Bachelor’s degree in accounting, commerce, law, business, finance, or a related field.
- Master’s degree and compliance certifications will be an added advantage.
- 5+ years of experience in a compliance or regulatory role, preferably in the banking industry.
- Strong knowledge of banking regulations and laws.
- Excellent analytical and problem-solving skills.
- Strong communication and interpersonal skills.
- Ability to manage multiple projects and priorities simultaneously.
- Detail-oriented with a high level of accuracy and precision
- Basic knowledge in the use of Microsoft Office tools
- Oral and written communication skills
- Investigation and Research
- Ability to performance critical analysis to assist in decision making
- Interpersonal and people management skills
- Organization and planning skills
- Proactive and independent
How to Apply:
Interested candidates should email their application letter, Curriculum Vitae, and copies of relevant academic documents, IN PDF FILE mentioning the job title as the subject matter to [email protected] All applications should be addressed to the Head Human Resource BRAC Uganda Bank Ltd.
Deadline: 13th November 2024
Note: Only shortlisted candidates will be contacted.
