Summary
Date Posted: Wednesday, August 16 2023, Base Salary: Not Disclosed

JOB DETAILS:
Dfcu Bank is a fast-growing Bank in Uganda offering a wide range of financial solutions to its chosen market segments. We are seeking to recruit for the position of Financial Crime Manager in Risk (CRO) Domain to support our expansion strategy.

REPORTING TO: Head of Financial Crime Management

JOB PURPOSE: Reporting to the Head of Financial Crime Management, the role holder will be responsible for detecting, minimizing, and preventing losses resulting from high risk and fraudulent monetary and non-monetary transactions.

LOCATION: Kampala

KEY ACCOUNTABILITIES:
• Provide advice on the development of appropriate controls for the mitigation of financial crime risks.
• Communication and monitoring of the effectiveness of anti-fraud programs and controls.
• Create awarenesss of the code of Conduct/Ethics, whistleblower channels to encourage reporting of fraud and reduce conduct risk.
• Maintains a programme to raise staff awareness of financial crime issues, particularly “Whistle Blower” and the obligation to report suspicious transactions.
• Identify fraud risk factors, fraud risks and fraud schemes.
• Lead forensic investigations within the Bank.
• Generate/gather facts/evidence to help prevent and deter fraud for both Internal disciplinary action and courts proceedings.
• Systematic follow up and tracking of fraud cases so that perpetrators of fraud are brought to justice and recoveries made. This includes filing complaints on behalf of the bank, preparing witnesses to testify in criminal cases filed by Bank. and acting as the interface between the Bank and, government security agencies and law enforcement on Financial Crime matters.
• Share best practice with peers in the industry to position the Bank as “thought leaders” on Financial Crime Risk Management.
• Lead on Financial Crime related external and internal risk identification and anticipation of future trends. Works with the business to drive the development of appropriate mitigation strategies.
• Put in place, and maintain, appropriate financial crime procedures that are consistent with the requirements of the Bank’s policies and local regulatory requirements.
• Act as the Bank’s centre of expertise, providing advice and recommendations on financial crime issues.
• Provide guidance on proper application and interpretation of financial crime related laws, regulations, and policies.
• Assist in the development of an effective internal compliance culture by promoting the benefits of ethical business conduct and the benefits of compliance.
• Prepare regular and accurate financial crime reports that are escalated to the relevant bank departments.
• Carry out periodic Fraud Risk assessments to identify areas of control deficiencies that can be exploited to perpetrate fraud.
• Process and follow up fraud claims from suspects and insurers.

QUALIFICATIONS, EXPERIENCE and COMPETENCIES REQUIRED:
• Bachelor’s Degree in a Business-related discipline or Law.
• At least 5 years’ experience in financial crime investigation/prosecution.
• Knowledge of banking, products, risks, and processes such that advice is as informed, appropriate, and relevant to business needs.
• Sufficient knowledge of Criminal law, other local laws, regulatory expectations, and internal policy requirements as they relate to financial crime risk.
• Certified Fraud Examiner accreditation is an added advantage.
• Experience in Digital Forensics Investigations is an added advantage.
• Good interviewing skills to enlist required information.
• Proficiency in Microsoft Word and Excel spreadsheets.
• Ability to collect, analyze and evaluate information and the preparation of written concise reports of work performed plus recommendations.
• Ability to communicate clearly and effectively, both orally and in writing.
• Ability to foster cooperation and support of stakeholders.
• Ability to interact at senior levels with local regulatory, government, law enforcement and industry to provide the Bank with a more informed view of financial crime risks.
• High level of maturity, confidentiality, and objectivity.
• Possession of flexibility and ability to adapt appropriately to changing requirements and situations.
• Analytical and possession of an objective and probing mind.
• Supervision must be minimal, so the person has to be tolerant and be able to stand the pressure from courts in regard to cases taken before courts of law.
• Ability to handle the pressure from customers claiming refunds of stolen money, and the ability to recommend refunds accurately.
• Ability to make the right call even if it displeases anyone or group of staff.
• Excellent communications and engagement skills.
• Strong attention to detail and personal effectiveness.
• High-level of integrity and standards.
• Self-drive and initiative.
• Unafraid to take responsibility.
• Ability to work effectively with local contemporaries and peers in other clusters and regions to maintain a collaborative culture.


Work Hours: 8

Experience in Months: 60

Level of Education: Bachelor Degree

Job application procedure
If you believe you meet the requirements as noted above, please forward your application with a detailed CV including present position and copies of relevant professional/academic certificates (University Transcript, O & A level), by close of business on Tuesday 22nd August 2023 to the email address indicated below;
Vacanciesbank@dfcugroup.com 

dfcu Bank is committed to give equal opportunities in employment and aims to ensure that it does not discriminate against gender or race. Only short-listed candidates will be contacted through +256 312 300391.

Disclaimer: dfcu Bank does not solicit/accept payment in cash/kind from prospective candidates in exchange for shortlisting or job placement. Any candidate who engages in this kind of transaction is aiding and abetting fraud and will be automatically disqualified.


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