To work with the Compliance Manager of the bank to monitor and review compliance programmes for all divisions; in accordance with the BOU guidelines, the Bank’s policies, relevant laws and Banks Business Plan.

Key Responsibilities
• Review and closure of all alerts received through the AML monitoring system.
• Identify and report all suspicious transactions to the MLCO for onward submission to FIA.
• Continually review and update all screening lists held by the Bank i.e., PEP list, blacklist.
• Handle Internal queries raised by branches and external queries raised by customers, regulators and correspondent banks on AML matters.
• Handle and resolve Customer Due Diligence on transactions, e.g. first time TTs, large cash transactions and identified suspicious transactions.
• Conduct annual KYC review of High risk customers, review their transactions continually to validate authenticity.
• Conduct annual KYC renewal for all counterparties and correspondent banks.
• Conduct risk assessments for any new products.
• Ensure compliance to regulatory requirements through continuous monitoring.
• Review transactions processed from money transfer services and prepare respective reports.
• Conduct regular trainings for all staff on AML & Financial Crime, KYC, etc.
• Conduct enhanced due diligence on high risk accounts.
• Review and update AML Policies and related manuals, procedures, guidelines.

Minimum Education Qualitifcations:
• A Bachelor’s Degree in Commerce, Statistics, Law, Economics or related field.
• A professional qualification (ACCA, CFA, ACIB, CPA, etc.) is an added advantage.
• Work Experience:
• At least one year banking experience.

Required Competencies (Knowledge, Skills & Abilities):
• Highly conversant with the regulatory framework and the Bank’s operating environment.
• Knowledge of KYC and Anti-money laundering guidelines.
• Able to personally deal with complex compliance issues.
• knowledgeable of Ugandan legislation affecting different Banking processes.
• Ability to analyze the impact of a new legislation/regulation on operations of the Bank and can translate these regulations/legislations into policies for the organization.
• Is abreast with trends and issues in the international scene on compliance matters at large and in the banking and finance industry especially.