Job Title: Officer, Compliance & Monitoring
Organisation: Stanbic Bank
Duty Station: Kampala, Uganda
About US:
Stanbic Bank Uganda Limited is a subsidiary of Stanbic Africa Holdings Limited which is in turn owned by Standard Bank Group Limited (“the Group”), Africa’s leading banking and financial services group. The Standard Bank Group is the leading banking group focused on emerging markets. It is the largest African banking group ranked by assets and earnings. Stanbic Bank Uganda Limited is the largest bank in Uganda by assets and market capitalization. It offers a full range of banking services through two business units; Personal and Business Banking (PBB), and Corporate and Investment Banking (CIB).
Job Summary: The Officer, Compliance & Monitoring will enable the execution of Compliance Monitoring plans, processes and activities across dedicated areas of a Business Unit, in-line with the Group Monitoring Framework and standards to ensure the effective identification and reporting of Compliance risks and cases of non-compliance, to avoid operational losses, fines, penalties or reputational damage to the organisation and enable competitive advantage for the organisation.
Key Duties and Responsibilities:
- Capture all required information, throughout each stage of the monitoring process, as per the required data management processes, procedures and standards as set out by the Group Compliance Data Model.
- Conduct Compliance reviews by delivering against the Compliance Monitoring Plan across the required business unit area in-line with Group Monitoring standards and methodology, specifically planning, execution, reporting and record-keeping, to ensure sufficient coverage of material compliance risks.
- Execute the Compliance Monitoring processes and activities, as per the approved minimum standards, within a dedicated Portfolio to ensure compliance with bank compliance policies, applicable laws and regulations.
- Provide effective training, advisory and awareness to enhance the knowledge of the Business Units on the applicable compliance policies, compliance procedures and regulatory requirements on a continuous basis.
- Provide effective training, advisory and awareness to enhance the knowledge of the Business Units on the applicable compliance policies, compliance procedures and regulatory requirements on a continuous basis.
Qualifications, Skills and Experience:
Minimum Qualifications
- Type of Qualification: First Degree
- Field of Study: Audit / Business Commerce / Legal
Experience Required
- Compliance Risk Management
- 5-7 years experience in Compliance.
- The role requires a specialist in Compliance Advisory and Monitoring with a sound knowledge of the relevant regulatory requirements and upcoming developments applicable to a specific business area as well as a solid understanding of banking policies, products and activities.
- Ability to take the understanding of business needs and operations and to translate it into Compliance risk management solutions.
Behavioral Competencies:
- Adopting Practical Approaches
- Checking Details
- Convincing People
- Developing Expertise
- Documenting Facts
Technical Competencies:
- Audit Methodology
- Audit Report Writing
- Evaluation of Internal Controls
- Financial Industry Regulatory Framework
- Promote Good Governance, Risk & Control
How to Apply:
All candidates who wish to join the one of Africa’s biggest Banking Groups, Standard Bank in the aforementioned capacity is encouraged to Apply Online by visiting Link below.