Vacancy title:
Regulatory Compliance Officer

Jobs at:
DFCU Bank

Deadline of this Job:
14th July 2017

Duty Station:
Kampala, Uganda

Job details:
Reports to: Compliance Manager
DFCU bank is a fast growing commercial bank offering a variety of innovative products and services. DFCU Limited was started by the Commonwealth Development Corporation (CDC) of the United Kingdom and the Government of Uganda through the Uganda Development Corporation (UDC) under the name of Development Finance Company of Uganda Limited. Later restructuring brought in DEG (of Germany) and International Finance Corporation (IFC) as equal partners with CDC and UDC, each having a 25% stake in the company. Its objective was to support long-term development projects whose financing needs and risk did not appeal to the then existing financial commercial lending institutions.

Job Summary: The Regulatory Compliance Officer will work in the capacity of a financial examiner to ensure that the bank adheres to all applicable regulations and laws. The jobholder will work with management and staff to ensure that the policies and procedures are upheld and in line with the relevant laws. The incumbent will also be responsible for researching, assessing, and monitoring new developments in relevant legislation and regulatory sphere, and updating bank personnel in a timely manner.

Key Duties and Responsibilities:

• Conduct a risk assessment and determine the level of associated risk
• Ensure staff understand laws, regulations and offer timely advice
• Maintain an updated regulatory obligations register
•  Ensure compliance with the external rules that are imposed upon an organization as a whole
• Compliance with internal systems of control that are imposed to achieve compliance with the externally imposed rules.
•  Actively contribute to policy and procedure formulation in line with the risk owners
• Periodically aid in the sensitization of staff on policies and procedures through well thought of awareness campaigns
•  Develop trackers to monitor compliance with laws, regulations and policies
• Ensure regulatory gaps raised in all audit reports are sufficiently addressed and mitigates put in place to ensure no repeat findings

Qualifications, Skills and Experience:

• The applicant for the DFCU Bank Regulatory Compliance Officer job opportunity must hold a University degree, certification in compliance is an added advantage
• At least three years’ experience in financial services.
•  Previous exposure and experience working in a fast-paced and dynamic environment.
• Ability to read and understand technical and legal language.
• Strong mathematical and statistical analysis background.
• Ability to multi-task.
• Self-motivated with strong leadership abilities.
• Strong critical thinking and problem-solving skills.
• Excellent oral and written communication.
•  Exceptional presentation skills.
• Excellent organizational skills.
• Detail-oriented with strong research skills.
•  Computer literacy i.e. proficiency in Microsoft Office (Word, Excel, PowerPoint, Project).
• Confidentiality and sound business judgment.
• Position requires sitting for long periods.
• Ability to use AML analytic tools.

Job application procedure
All candidates who so wish to join the banking sector in the aforementioned capacity are encouraged to send their applications with detailed CVs including present position and copies of relevant professional/academic certificates to: Vacanciesbank@dfcugroup.com