Responsible for planning, developing, implementation, monitoring and managing of compliance risk in line with written laws, Bank of Uganda Regulations and internal policies and procedures and ensure that the bank is insulated against the risks of legal, regulatory sanctions, financial losses, and loss to reputation amidst meeting the expectations of all key business stakeholders. The Jobholder shall also act as the Bank’s Money Laundering Control O¬icer.

KEY RESPONSIBILITIES /KEY DELIVERABLES
Strategy
• Developing, implementing, and monitoring of the Compliance Agenda of the Bank in line with Laws, Regulations and Internal Policies and Procedures.
• Advising management and sta¬ on compliance risk management through compliance engagements, compliance reviews, trainings and other formal communications.
• Documentation and Reporting of compliance risk management activities to management and Board of Directors
• Ensure periodic tests are performed to confirm compliance with regulatory requirements and ensure that the Bank’s standards continue to be monitored resp¬ectively by Line Management.

Financial
• Closure of revenue leakages by ensuring total Compliance with system account codes, processes, and tariff¬ guide.

Compliance Management
• Ensure compliance with Know Your Customer, Anti Money laundering policy, Compliance with the FIA among other regulatory laws.
• Review and identify gaps in organizational policies and procedures and make possible recommendations
• Implementation of Internal and External Audit Recommendations, Bank of Uganda Directives and Board of Directors Resolutions

Monitoring and Reporting of the Business
• Ensure follow up and tracking of branch and audit issues raised with relevant branches and head o¬ice departments for resolution.
• Spearheads the development and review of operational policies and procedures
• Ensure closure of all open issues concerning noncompliance that are highlighted in Internal and external Audit reports.
• Conduct Branch Visits to ensure compliance at branch level and make reports of the findings.
• Ensure AML and KYC compliance monitoring including western Union compliance and suspicious transaction reporting to the regulator in case of any breaches.
• Provide Monthly progress reports on bank compliance issues
• Ensures the Operations Manual is regularly updated
• Monitors service quality and makes recommendations aimed at improving the quality of service
• Ensure compliance of ICT security

Training and awareness
• Sensitize sta¬ on AML, KYC and the consumer protection guidelines
• Support the product knowledge drives across the branches

Documentation
• Maintain a file and data for all compliance related matters.
• Ensure all Bank Manuals are in place.

EDUCATION AND TRAINING
• Master’s Degree in relevant field is an added advantage.
• Bachelor’s degree in Commerce, Business Administration, Statistics or

Economics
• Possession of diploma in Law or professional qualification in accounting, compliance, auditing or related fields is an added advantage.

KNOWLEDGE AND EXPERIENCE
• The ideal candidate should have a minimum of 8 years’ experience in the banking sector with at least four (4) of which in Compliance, Risk or Audit at a managerial level in a Commercial Bank.
• Experience in Anti Money Laundering activities is essential
• Skills in strategic management, Planning and organisation, Resilience, and ability to comprehend complex compliance issues.

BUSINESS BEHAVIOURS & SKILLS
• The ability to communicate clearly both verbally and in written form in a professional manner is deemed essential.
• Ability to demonstrate positive image and role model PBU’s values and leadership behaviors.
• A sense of ownership and pride in performance and its impact on the company’s success
• Must be a person of impeccable integrity

The Following Documents Should Accompany The Application Strictly Online:
• Detailed CV
• Certified copies of academic documents
• Applicants address and day time telephone contacts
• Postal/email address and daytime telephone contact of three referees of good standing in society one of which should be your current Supervisor.