ABOUT UBA
United Bank for Africa (UBA) is one of Africa’s leading financial institutions, with operations
in twenty (20) countries and four (4) global financial centers: London, Paris, New York and
Dubai. UBA has evolved into a Pan-African, provider of banking and related financial
services through diverse channels globally.
United Bank for Africa Uganda represents UBA’s pioneer country activities in the East and
Southern African sub-region. With a growing network of branches and ATMs across the
country, the bank continues to expand the retail and commercial playing field in Uganda
by delivering unique financial products and solutions. The bank is seeking to recruit the
following highly motivated, competent, result oriented and dynamic professionals for the
following positions;
JOB TITLE: RESIDENT INTERNAL CONTROL OFFICER
DEPARTMENT/ UNIT: INTERNAL CONTROL
REPORTS TO: TEAM LEAD HEAD OFFICE CONTROL
JOB OBJECTIVE(S)
To implement strategies that drive and build a policy and regulatory compliance
environment /DNA across the bank
DUTIES & RESPONSIBILITIES
Carry out relevant internal control checks to ensure effective discharge of the control
functions across all Business and service offices including the Head office functions and
Branch network in line with the Internal Control department strategy
Assess, analyze and measure risk relating to operational standard and make
recommendation for policy amendments/process improvement based on emerging
control issues and risks.
Conduct prompt investigation of breach of policy and procedures for disciplinary action
and first level investigation on frauds and forgeries including customer’s complaints in line
with investigation guidelines
Continuously review, evaluate and establish that open items in the Bank’s GL accounts are
current, valid and promptly resolved in line GL policies
Carry out continuous review/assessment and evaluation of all branch and Head office
function activities/systems/processes to assess compliance to internal and external policies
including regulatory bodies/sector by identifying or detecting control lapses/policy
inadequacies through control activities for process and system improvement and escalate
control exceptions to the CHIC, management or relevant stakeholders
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Carry out periodic (daily/weekly/Monthly and Quarterly) assessment, evaluation of
expenses and seek for approval from the CHIC in line with the expense management
policy.
Conduct control trainings /sensitizations on the learning points or recommendations arising
from various investigations or policy/control lapses and monitor compliance of
recommendations as need may arise
Participate in building strong KYC and KYC(B) compliance environment in the Bank by
providing control and compliance counseling and advisory services to executive
management.
Prepare and submit daily/weekly/Monthly/Quarterly analyzed control reports, highlight
trends and issues for management/CHIC /other stakeholder attention while ensuring
integrity.
KEY PERFORMANCE INDICATORS
Relevance and effectiveness of control checks in all Business and Service Units
Timely Risk Assessment reports on Operational standards with recommendations of
policy/control amendments
Timely submission of quality/prompt investigation reports on breach of policy, fraud and
forgeries from customers and staff
Valid, current and reconciled GL Accounts
100% staff compliance to policies and Controls (Both external and Internal) including
regulator
Efficient Head Office and Branch Processes and Systems with continuous control
improvements
Daily/weekly/Monthly and Quarterly Review, evaluated and approved expenses
Number of control trainings/sensitizations on policy/control recommendations and learning
points from investigations
Strong KYC and KYC(B) compliance environment
Timely submission of daily/weekly/Monthly/Quarterly analyzed control reports to relevant
stakeholders
JOB REQUIREMENTS
Education:
A minimum of a university degree from a recognized university.
Experience
Banking- Minimum: 2 years
KEY COMPETENCY REQUIREMENTS
Knowledge
Attention to Details.
Performance Under Pressure
Independent Minded.
Interpersonal relationship
High retentive memory
Satisfactory Customer Service Disposition
Skill/Competencies
Analytical with auditing & investigation Skills
Accounting Skills
Operations (Domestic, Foreign & treasury) Skills
Comprehensive Capital Market Operations Skills.
Oral and written Communication Skills.
Banking, Insurance, Capital Markets, Trusteeship, Pension Fund and financial services
product knowledge.
Policy and Regulatory Interpretation skill and Implementation capability.
Extensive Working Knowledge of Microsoft word, Excel and power point and Intranet
Mailing facility
HOW TO APPLY
All interested staff should send their CV, application letter and copies of academic
certificates to ubaugandahr@ubagroup.com addressed to;
Head of Human Capital
United Bank for Africa
Plot 2, Jinja Road
Kampala, Uganda.
Deadline for applications is 28th March 2024.
