Risk and Compliance Manager/MLRO
2025-03-27T06:00:18+00:00
PawaPay
https://cdn.greatugandajobs.com/jsjobsdata/data/employer/comp_7230/logo/PawaPay.jpeg
https://pawapay.io/
kampala
Kampala
East Africa
00256
Uganda
Finance
Management
2025-04-10T17:00:00+00:00
As Risk and Compliance Manager/MLRO - Uganda you will be responsible for ensuring the Risk and Compliance frameworks for the Company including but not limited to maintaining our regulatory cover in the operating market. In addition to licensing maintenance through regulatory reporting and engagements, you will act as the designated Money Laundering Reporting Officer (MLRO) and local Data Protection contact person in Uganda.
The ideal candidate will therefore have demonstrable experience in stakeholder management, managing a team of people and array of projects, plus a preferable experience of working with Central Banks or other regulators across Sub Saharan Africa.
Your main duties will include:
Compliance/MLRO
- Monitor and ensure overall compliance with all obligations in the laws under which the company is licensed
- Monitor and regularly assess that the Company complies with applicable external legislation (including AML/CTF legislation) and other regulations and guidelines issued by competent authorities, as well as the Company’s Policies and Framework
- Control and regularly assess whether the AML/CTF Framework to prevent the Company being used for money laundering or terrorism financing (“ML/TF”) is appropriate and adequately implemented within the Company
- Provide advice and support to employees, contractors and other persons involved in activities in a similar capacity on regulatory requirements concerning regulatory matters, conduct, financial crime, data protection, enterprise risk and consumer protection
- Act as the Money Laundering Reporting Officer/Nominated Officer and ensure that the obligation of reporting SARs/STRs is fulfilled
- Periodically respond to Law Enforcement on enquiries and requests for information
- Ensure the provision of information to Regulators or Partners in relation to Regulatory
- Oversee engagements between the Company and regulators on general compliance and AML/CTF matters
- Report to the Company Board at least quarterly on the operation and effectiveness of the Company’s AML/CTF systems and controls
- Act as the designated in country Data Protection Contact person for all related matter
Risk Management
- Ensure the implementation of the Company’s risk management framework by maintaining the country risk registers, conducting periodic risk assessments
- Conduct the Annual AML risk assessment in line with the local regulatory requirements
- Carry out quarterly Company Risk Control Self Assessments (RCSA)
- Conduct product risk assessments in support of product approvals requests or new product strategies the Company is involved in
- Coordinate the carrying out of the required thematic risk assessments in the local jurisdictions including but not limited to Consumer Protection Risk Assessment, Data Protection Impact Assessments (DPIA), Jurisdictional Regulatory Risk Assessments
- Review and update of the local risk policies, procedures and checklists with guidance from the Governance function
Other Responsibilities
- Prepare the reports to be presented to local Boards and Committees, where required
- Ensure all Company reporting (regulatory and statutory) is filed on time
- Act the local/region regulatory liaison on all regulatory matters including coordinating regulatory inspections and audits
- Be a proud brand ambassador for pawaPay.
What is required of the ideal candidate?
- At least 7 years’ proven experience in a risk and compliance role within regulatory affairs, compliance, or similar role
- Experience of regulatory engagements including seeking licenses, regulatory reporting, inspections in payments/fintech, experience of this within Africa is an advantage although not essential
- Excellent knowledge of legal/regulatory requirements and procedures
- Confident communicator with keen attention to detail
- Highly-analytical with strong attention to detail
- Exceptionally diligent and proud of your output in all aspects of work
- Experience working within the mobile money industry is a major advantage
- Strong organisational skills
- Capable of translating big picture thinking into processes and workflows within the organisation
- Technology savvy and happy with a remote working environment
- Happy to work in an environment that promotes autonomy and responsibility amongst its team
- Demonstrates passion, energy, drive, and a willingness to collaborate with an ambitious team internationally
- Willing to travel as required.
Monitor and ensure overall compliance with all obligations in the laws under which the company is licensed Monitor and regularly assess that the Company complies with applicable external legislation (including AML/CTF legislation) and other regulations and guidelines issued by competent authorities, as well as the Company’s Policies and Framework Control and regularly assess whether the AML/CTF Framework to prevent the Company being used for money laundering or terrorism financing (“ML/TF”) is appropriate and adequately implemented within the Company Provide advice and support to employees, contractors and other persons involved in activities in a similar capacity on regulatory requirements concerning regulatory matters, conduct, financial crime, data protection, enterprise risk and consumer protection Act as the Money Laundering Reporting Officer/Nominated Officer and ensure that the obligation of reporting SARs/STRs is fulfilled Periodically respond to Law Enforcement on enquiries and requests for information Ensure the provision of information to Regulators or Partners in relation to Regulatory Oversee engagements between the Company and regulators on general compliance and AML/CTF matters Report to the Company Board at least quarterly on the operation and effectiveness of the Company’s AML/CTF systems and controls Act as the designated in country Data Protection Contact person for all related matter Risk Management Ensure the implementation of the Company’s risk management framework by maintaining the country risk registers, conducting periodic risk assessments Conduct the Annual AML risk assessment in line with the local regulatory requirements Carry out quarterly Company Risk Control Self Assessments (RCSA) Conduct product risk assessments in support of product approvals requests or new product strategies the Company is involved in Coordinate the carrying out of the required thematic risk assessments in the local jurisdictions including but not limited to Consumer Protection Risk Assessment, Data Protection Impact Assessments (DPIA), Jurisdictional Regulatory Risk Assessments Review and update of the local risk policies, procedures and checklists with guidance from the Governance function Other Responsibilities Prepare the reports to be presented to local Boards and Committees, where required Ensure all Company reporting (regulatory and statutory) is filed on time Act the local/region regulatory liaison on all regulatory matters including coordinating regulatory inspections and audits Be a proud brand ambassador for pawaPay.
Experience of regulatory engagements including seeking licenses, regulatory reporting, inspections in payments/fintech, experience of this within Africa is an advantage although not essential Excellent knowledge of legal/regulatory requirements and procedures Confident communicator with keen attention to detail Highly-analytical with strong attention to detail Exceptionally diligent and proud of your output in all aspects of work Experience working within the mobile money industry is a major advantage Strong organisational skills Capable of translating big picture thinking into processes and workflows within the organisation Technology savvy and happy with a remote working environment Happy to work in an environment that promotes autonomy and responsibility amongst its team Demonstrates passion, energy, drive, and a willingness to collaborate with an ambitious team internationally Willing to travel as required.
At least 7 years’ proven experience in a risk and compliance role within regulatory affairs, compliance, or similar role
Bachelor’s degree
7 years
JOB-67e4e97294ec2
Vacancy title:
Risk and Compliance Manager/MLRO
[Type: , Industry: Finance, Category: Management]
Jobs at:
PawaPay
Deadline of this Job:
Thursday, April 10 2025
Duty Station:
Within Uganda, Kampala, East Africa
Summary
Date Posted: Thursday, March 27 2025, Base Salary: Not Disclosed
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JOB DETAILS:
As Risk and Compliance Manager/MLRO - Uganda you will be responsible for ensuring the Risk and Compliance frameworks for the Company including but not limited to maintaining our regulatory cover in the operating market. In addition to licensing maintenance through regulatory reporting and engagements, you will act as the designated Money Laundering Reporting Officer (MLRO) and local Data Protection contact person in Uganda.
The ideal candidate will therefore have demonstrable experience in stakeholder management, managing a team of people and array of projects, plus a preferable experience of working with Central Banks or other regulators across Sub Saharan Africa.
Your main duties will include:
Compliance/MLRO
- Monitor and ensure overall compliance with all obligations in the laws under which the company is licensed
- Monitor and regularly assess that the Company complies with applicable external legislation (including AML/CTF legislation) and other regulations and guidelines issued by competent authorities, as well as the Company’s Policies and Framework
- Control and regularly assess whether the AML/CTF Framework to prevent the Company being used for money laundering or terrorism financing (“ML/TF”) is appropriate and adequately implemented within the Company
- Provide advice and support to employees, contractors and other persons involved in activities in a similar capacity on regulatory requirements concerning regulatory matters, conduct, financial crime, data protection, enterprise risk and consumer protection
- Act as the Money Laundering Reporting Officer/Nominated Officer and ensure that the obligation of reporting SARs/STRs is fulfilled
- Periodically respond to Law Enforcement on enquiries and requests for information
- Ensure the provision of information to Regulators or Partners in relation to Regulatory
- Oversee engagements between the Company and regulators on general compliance and AML/CTF matters
- Report to the Company Board at least quarterly on the operation and effectiveness of the Company’s AML/CTF systems and controls
- Act as the designated in country Data Protection Contact person for all related matter
Risk Management
- Ensure the implementation of the Company’s risk management framework by maintaining the country risk registers, conducting periodic risk assessments
- Conduct the Annual AML risk assessment in line with the local regulatory requirements
- Carry out quarterly Company Risk Control Self Assessments (RCSA)
- Conduct product risk assessments in support of product approvals requests or new product strategies the Company is involved in
- Coordinate the carrying out of the required thematic risk assessments in the local jurisdictions including but not limited to Consumer Protection Risk Assessment, Data Protection Impact Assessments (DPIA), Jurisdictional Regulatory Risk Assessments
- Review and update of the local risk policies, procedures and checklists with guidance from the Governance function
Other Responsibilities
- Prepare the reports to be presented to local Boards and Committees, where required
- Ensure all Company reporting (regulatory and statutory) is filed on time
- Act the local/region regulatory liaison on all regulatory matters including coordinating regulatory inspections and audits
- Be a proud brand ambassador for pawaPay.
What is required of the ideal candidate?
- At least 7 years’ proven experience in a risk and compliance role within regulatory affairs, compliance, or similar role
- Experience of regulatory engagements including seeking licenses, regulatory reporting, inspections in payments/fintech, experience of this within Africa is an advantage although not essential
- Excellent knowledge of legal/regulatory requirements and procedures
- Confident communicator with keen attention to detail
- Highly-analytical with strong attention to detail
- Exceptionally diligent and proud of your output in all aspects of work
- Experience working within the mobile money industry is a major advantage
- Strong organisational skills
- Capable of translating big picture thinking into processes and workflows within the organisation
- Technology savvy and happy with a remote working environment
- Happy to work in an environment that promotes autonomy and responsibility amongst its team
- Demonstrates passion, energy, drive, and a willingness to collaborate with an ambitious team internationally
- Willing to travel as required.
Work Hours:
Experience: 7 years
Level of Education: Bachelor’s degree
Job application procedure
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Street: kampala | District: Kampala
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