Compliance Officer Full-time Bank Job) – I&M Bank Uganda

Job Listing: Compliance Officer

Position: Compliance Officer
Employment Type: Full-time
Location: Head Office, Kampala, Uganda
Reports to: Manager, Regulatory Affairs & DPO
Deadline: 31 October 2024 at 5:00 pm

About I&M Bank Uganda:
I&M Bank Uganda, a commercial bank headquartered at Kingdom Kampala, provides a wide range of commercial banking and financial services. With a commitment to innovation and customer-focused solutions, the bank is expanding its presence regionally.

Job Purpose:
The Compliance Officer will oversee the bank’s adherence to legal and regulatory requirements, offering proactive, accurate, and timely guidance to ensure all departments operate within set standards. The role aims to safeguard the bank’s compliance with local and international regulations, best practices, and group standards.

Key Responsibilities:

• Support the Head of Compliance in preparing compliance reports for various governance committees.
• Monitor and ensure all bank licenses are current and regulatory compliance is maintained across all business units.
• Engage stakeholders to understand business processes, develop a regulatory inventory (compliance tracker), and oversee adherence.
• Respond to horizon scanning to incorporate relevant information into the CRM program.
• Provide assurance on first-line defense compliance practices to manage and report risks across the bank.
• Advise business units on local and international legislation to minimize risk and protect the bank’s reputation.
• Ensure audit findings and control improvements meet regulatory requirements before implementation.
• Ensure that new and existing products align with relevant regulations.
• Manage compliance training programs across the bank and collaborate with Information Security to raise awareness on data privacy.
• Draft newsletters to increase awareness of policies and regulations among staff.

Minimum Qualifications:

• Bachelor’s degree in Law, Business Administration, or a related field (postgraduate qualifications in compliance or risk management preferred).
• Minimum of 3 years of experience in banking operations, focusing on regulatory compliance.

Required Competencies:

• Proficiency in using analytics and technology to manage compliance risks.
• Strong critical thinking skills for analyzing complex issues.
• Effective written and verbal communication skills across all levels.
• Ability to build relationships and collaborate with senior leaders to drive change.
• Organized and results-oriented, able to manage multiple high-priority tasks.
• Self-starter with strong organizational and detail-oriented skills.
• Strategic thinking with the ability to simplify complex regulatory concepts.
• Excellent facilitation and presentation skills.
• High discretion and confidentiality due to the sensitive nature of the role.
• Extremely detail-oriented with the ability to elevate details into strategic decisions.

How to Apply:
Only shortlisted candidates will be contacted. For more details and to apply, CLICK HERE TO APPLY.

I&M Bank – Jobs in Uganda