Director Supervision
Reports to: Executive Director
Job purpose
Coordinate and supervise daily operations, enhance productivity and ensure compliance with regulations and policies.

Key Duties and Responsibilities

•  To plan, co-ordinate. implement and evaluate programs to secure supen/ision oi SACCO, NDTMFIs, Money lenders and self-help groups through sunreillanco, compliance and inspection in accordance with tire Tier 4 Act.
  
•  To ensure financial evaluations, enforcing accounting and auditing standards to enhance the transparency and relevancy oi financial reporting of institutions being supervision.
  
•  To co-ordinate strategies for detecting instances of non
  
•  compliance with the Tier 4 Act, rules, regulations and guidelines to safeguard and protect the right of depositors and beneficiaries and ensure security of member depositors.
  
•  To oversee and undertake market conduct supervision of Tier 4 institutions to ensure that consumers are treat fairly.
  
•  Oversee the effectiveness of the workflow process including; accurate data and information capture, analysis and evaluation in orderto ensure effective case management. Maintain an effective information storage and retrieval system.
  
•  Develop a system for and review and process applications for licensing all the Tier 4 Institutions.
  
•  Develop, implement and evaluate policy guidelines and best practices in Supervision and surveillance such as risk-based model for routine supervision to safeguard and protect the right of depositors and their beneficiaries
  
•  Develop and implement guidelines that will strengthen the governance of Tier 4 institutions and ensure that disclosure regarding funds (income expenditure, assets, liabilities, investiment) meet legal requirments and quality standards to prevent fraudulent activities and abuse of member’s funds;
  
•  Carry out surveillance inspection and supervision of both onsite and olfsite and prepare comprehensive reports and make recommendations on the measures to be instituted,
•  Review incidents of non-compliance with UMRA regulatory obligations and recommend administrative and legal sanctions.
  
•  Participate in the formulation of cross—border, regional and international initiatives aimed at developing the best practices for the Tier 4 Institutions.
  
•  Participate in education and training programs designed to update stakeholders on the requirements of the Act, create awareness and sensitize the public on the benefits of supervision.
  
•  Develop a team of market conduct and prudential supervisors with strong ethical business acceptable practices.
  
•  Cultivate a strong network and lasting partnerships with Tier 4 stakeholders and relevant Government agencies through technical expertise, humility and respect to ensure continuing support to UMRA’s mission and strategic objectives.
  
•  initiate and participate in organizational performance reviews and business process improvement programs as well as undertake special investigation aimed at improving organizational effectiveness
  
•  Review incidents of violations against organizational policy and regulations and handle employee disputes and recommend appropriate action in line with UMRA’s approved policies, procedures and regulation.
  
•  Together with the Human Resource & administration Department, conduct a training needs assessment, design and implement training programs to equip staff with appropriate job competencies to improve the delivery of high quality services.
  
•  Plan, monitor and evaluate the performance of staff against set targets and objectives and implement development action plans to build the capacity of individuals and multi-disciplinary teams.
  
•  Prepare concepts papers, board papers, periodic progress reports and annual reports showing departmental achievements against planned target and provide justification for performance variances and areas of improvement,
  

Minimum Qualifications

• Masters Degree in Business Administration, Accounting, Commerce, Economics, Finance,lav/ or related field.
  
•  Professional qualifications and membership to protessional bodies such as in accounting, law, governance or equivalent will ue an added advantage.
  
•  Minimum five (7) years relevant experience gained in the relevant business and supervisory background, three (3) of which in a senior management level

Job application procedure
Applications together with Cvs, copies of academic Certificates and names and contacts of three (3) referees should be addressed and submitted to;

The Permanent Secretary/Secretary to the Treasury, Ministry of Finance, Planning and Economic Development Plot 2-12 Apollo Kaggwa Road P.U.Box 8147 KAMPALA Deadline for submission of Applications is Friday 7th September 2018, Finance Building, Ground Floor, Room G23