In charge of the Bank’s regulatory compliance, monitoring and reporting to the Bank’s respective Regulators not limited to the Central Bank, URBRA, Capital Markets Authority, Insurance Regulatory Authority, Personal Data Protection Office (PDPO) etc.
2. Develop and implement the Compliance strategy for the Bank and ensure that it is effectively cascaded across the different departments of the bank to drive awareness and alignment of the compliance agenda.
3. Review, interpret and train key stakeholders on the existing and emerging laws and regulations to ensure compliance with the law and regulatory bodies.
4. Develop and maintain a risk assessment framework for products and services, clients and customers, and other issues relating to compliance and money laundering.
5. Monitor internal compliance with Bank Policies, Manuals and set guidelines.
6. Act as anti-money laundering liaison contact in Head Office, maintaining continuous dialogue and information to business units on key issues defined in the AML/KYC Policies
7. Reviewing AML system alerts and internal suspicious transaction reports and ensuring they are attended to for closure/escalation as appropriate for KCB Bank Uganda Limited.
8. Monitor and report on the daily management of compliance issues at respective units including significant internal policies as may be advised.
9. Develop and maintain a regulatory universe of all primary and secondary legislation including maintenance of related stakeholders. Monitor and track 100% compliance to all laws, regulations and guidelines in the compliance universe.
10. Advise Management about the data protection and privacy obligations of the Bank and monitor compliance with Data Protection Laws and Regulations.