Deadline of this Job: 04 November 2022
JOB DETAILS:Job Purpose: The Head of Compliance is responsible for planning, developing, implementing and monitoring compliance risk management strategies for the bank in line with national laws, Bank of Uganda regulations/ guidelines and the bank’s policies and procedures.
Key result areas:
• Develop, implement and monitor the banks compliance framework and ensure that all bank operating procedures meet the compliance requirements as defined by the regulator and bank policies/procedures.
• Prepare and present bank-wide compliance report to EXCO indicating business enhancements/ recommendations.
• Monitor transactions for adherence to anti-money laundering laws and report all non-compliant or suspicious transactions to EXCO and FIA.
• Champion the compliance program to guide overall institutional compliance.
• Conduct periodical compliance assessment audits.
• Undertake regular account reviews on accounts of PEP (Politically Exposed Persons) and transaction checks on a monthly basis in line with AML Regulations 2015 and Anti Money Laundering Act 2013. In this regard the Compliance Manager shall be the Money Laundering Control Officer of the Bank.
• Liaise with regulatory bodies and other financial institutions regarding the relationship we hold with them.
• Coordinate and communicate updates of the bank’s policies and procedures to reflect changes in the regulatory requirements and bank standards.
• Review of the draft updated policies to ensure they reflect changes in the regulatory framework and bank’s business plan.
• Train staff on matters relating to compliance covering general bank standards and regulatory requirements
• Manage the performance of the Compliance team ensuring that each team member has plans and targets in place and is delivering; take appropriate corrective action as required
Qualification and Skills
• Masters Degree in a related field is an added advantage.
• Bachelor’s degree in business or law.
• 5 years’ experience working in the banking sector with at least 2 years’ experience at supervisory or managerial level.
• Relevant experience in a compliance related field is an added advantage.
• Leadership, strong negotiating and excellent communication skills.
Opportunity Bank is an equal opportunities employer. All qualified candidates are encouraged to apply, regardless of disability, gender, marital status, religion and ethnicity.
Deadline of this Job: 04 November 2022
JOB DETAILS:Job role
• To provide financial and grants management support, monitoring and coordination of project activities within the framework of AAU/AAI and ensuring all policies and procedures, donor regulations, accounting standards and local laws are complied with.
Key Result Areas
• Coordinate the financial planning and budgeting for project(s) in line with AAU/AAI and Donor requirements
• Coordinate the financial planning and budgeting for project(s) in line with AAU/AAI and Donor requirements
• Provide technical support to partners and staff in project fundraising, donor fund management.
• Ensure timely and accurate financial donor reports are prepared in line with donor requirement, AAI/AAU policies and procedures
• Prepare and attend to the needs of projects internal and external auditors and implement recommendations in line with FPM
• Support the implementation of an internal control system to maintain the financial integrity and compliance with AAU policies, procedures, national laws and donor requirements
• Support the implementation of an internal control system to maintain the financial integrity and compliance with AAU policies, procedures, national laws and donor requirements
• Provide support and guidance to grants and contracts management to ensure adherence to AAl requirements
• Supervise, motivate, appraise staff and build capacity of staff and partners in line with Human Resource Plan (HRP) and other Organizational policies
• Supervise, motivate, appraise staff and build capacity of staff and partners in line with Human Resource Plan (HRP) and other Organizational policies
Person Specifications Qualifications:
• A Bachelor's Degree in Commerce, Business Administration, Financial Management or Accounting from a recognized University.
• Professional Accounting qualifications, CPA or ACCA is a MUST.
Experience:
• At least four years of relevant work experience two of which should have been in Grants and contract management preferably at the managerial level in a reputable organization.
Competencies:
• Contract and Grants Management, Budgeting and budgetary control, Communication and negotiation skills, Interpersonal skills, Computerised Accounting Skills, Transformative, feminist leadership skills, Analytical skills, Ability to establish critical working relationships, Ability to promote and safeguard AAU policies
