JOB PURPOSE:
The role holder will be responsible for detecting, minimizing, and preventing losses resulting from high risk and fraudulent monetary and non-monetary transactions.

KEY RESPONSIBILITIES:
• Provide leadership and direction to the compliance team and the MLRO specifically, through regular engagement and individual objectives and deliverables.
• Allocate work and set delivery expectations using objective setting within the professional development / appraisal process

Ensure delivery through others (through constructive criticism, guidance and support)
• Help to define, evolve and promote the Compliance culture

Identify training / skill-set requirements and coach direct report
• Review of KYC for new high-risk customers.3.
• Carry out sanction screening on escalated cases on vendors, UBOs, and customers.
• Ensure efficient identification and monitoring of activities and transactions considered suspicious

Daily assessment of SWIFT and AML reports relating to potential suspicious activity
• Assist in the preparation of periodic regulatory returns- CMA, Financial Intelligence Authority, and Bank of Uganda returns.
• Ensure proper record-keeping of data collected and analysed, all the EDD reports conducted, and suspicious transactions reported.
• Prepare and submit periodic regulatory returns (BOU AML data collections, compliance returns, and CMA returns)
Raise awareness and provide training for bank employees on AML and CFT policies.
• Assist with addressing queries from correspondent banks relating to AML compliance.
• Assist in testing and providing advice on AML risk on various bank projects.
• Perform annual risk assessment on the bank’s products, customers, and channels.
• Stay current with money laundering and terrorist financing behaviours, issues, policies, regulations, criminal typologies, industry best practices, and developing trends to provide Business advisory on KYC, AML, sanctions, and adverse media and providing guidance in dealing with high-risk accounts.
• Raise AML and CTF awareness by championing the same through newsletters, and direct email communication to the relationship management team.

Assisting in the preparation of AML /CTF training, ABC modules for the bank employees.
• Support preparation of reports for management, board, and regulator.
• Assist in ad hoc regulatory requests.
• Ensure timely and efficient reporting of transactions considered suspicious
• Conduct detailed Investigations and assessments on alerts relating to potential money laundering risks.
• Review suspected sanction matches on transaction activities and or customers.
• Carrying out EDD on existing high-risk customers such as PEPs, motor vehicle dealers, and Forex Bureaus.

Minimum Education Qualification:
• Bachelor’s degree in law, Finance, Business, or a related field.
• A professional qualification in Compliance is a strong advantage.

Work Experience:
• Minimum of 5 years’ experience in financial crime compliance, risk management, or a similar role within the financial services industry.
Required Competencies (Knowledge, Skills & Abilities)
• Ability to effectively manage multiple competing priorities.
• Strong knowledge of AML, CTF and Sanctions regulations.
• Proven experience in managing compliance investigations and working with regulatory authorities.
• Excellent analytical, communication, and leadership skills.
• Ability to work collaboratively across departments and provide clear guidance to senior management.
• Strong organizational skills and attention to detail.
• This position requires strong organizational skills, resourcefulness, good judgment, persistence and follow through, and the ability to influence and “effectively challenge” others.
• Demonstrates an ability to work in a collaborative environment and influence others.
• Industry experience in financial services preferred.