Bank of India (U) Ltd is looking for qualified experienced and result oriented individuals to fill the following positions at Head Office, Jinja Road, Kampala .

Responsibilities
• Develop and oversee control systems to prevent or deal with violations of legal guidelines and internal policies
• Evaluate the efficiency of controls and improve them continuously
• Revise procedures, reports etc. periodically to identify hidden risks or non-conformity issues
• Draft, modify and implement BOIUL policies. Collaborate with corporate counsels and all departments to monitor enforcement of standards and regulations.
• Assess the business’s future ventures to identify possible compliance risks. Review the work of colleagues when necessary to identify compliance issues and provide advice or training.
• Keep abreast of regulatory developments within or outside of the company as well as evolving best practices in compliance control
• Prepare reports for senior management and external regulatorybodies as appropriate
• Monitor and ensure compliance to KYC guidelines and anti money laundering guidelines

Qualification
The ideal candidate will have the following:
• BSc/BA in law, finance, business administration or related field
• Five (5) years working experience as a Compliance officer in a reputable organisation is a MUST.
• Proven experience as compliance manager in SFI.
• In-depth knowledge of the industry’s standards and regulations.
• Excellent knowledge of reporting procedures and record keeping A business acumen partnered with a dedication to legality
• An analytical mind able to see the complexities of procedures and regulations
• Excellent communication skills
• Certified compliance professional is a plus