Job Title: Risk & Compliance Officer (02)
Organisation: Platinum Credit (U) Ltd
Location: Kampala, Uganda
Job Type: Full-time
Application Deadline: 12th September 2024
Job Summary:
The Risk & Compliance Officer will be responsible for identifying, analyzing, and responding to compliance and operational risks that might affect the realization of business objectives. This role involves liaising with risk owners and monitoring mitigation activities in a structured manner.
Key Duties and Responsibilities:
- Conduct compliance reviews of key policies, processes, and procedures as per the Annual Risk and Compliance Work Plan to evaluate adherence.
- Implement the Branch Review Work Plan as developed by the Group Risk and Compliance function and any review requests by senior management.
- Track the progress of remediation of control weaknesses identified by internal audits, self-testing, or control assessments, and follow up on the implementation of external audit recommendations and management actions in conjunction with Internal Audit.
- Coordinate with Departmental Heads/risk owners to ensure that product manuals are reviewed and updated.
- Perform regulatory compliance reviews as per the obligation checklist.
- Complete the Annual Compliance Report (ACR) on AML and CFT and submit it to Group Risk and Compliance for review and approval.
- Perform monthly compliance checks on sanctions screening procedures and Environmental and Social Risk Rating of the loan book.
- Coordinate and provide regular training programs for staff to build on documented policies and procedures.
- Collate and review information on reported frauds as requested by subsidiary management and table the findings to the subsidiary Fraud Investigation Committee.
Qualifications, Skills, and Experience:
Required Qualifications and Work Experience:
- Bachelor’s degree in a relevant field.
- At least four (4) years of experience in Risk and Compliance.
Essential Skills/Knowledge:
- Knowledge of risk management principles and practices.
- High-level analytical, investigative, and problem-solving skills.
- High-level written and verbal communication skills.
- Highly proficient in Microsoft Suite.
How to Apply:
Submit your application, detailed CV, and testimonials to:
The Human Resource Manager
Platinum Credit (U) Ltd
Email: careers@platinumcredit.co.ug
Note:
- Only shortlisted candidates will be contacted.
About Platinum Credit (U) Ltd
Platinum Credit is a leading regional microfinance company providing emergency loans to employed individuals in Africa. The company offers various products, including Civil Servant Loans, Logbook Finance Loans, SME Loans, and Private Sector loans. Platinum Credit (U) Ltd is a subsidiary of Platcorp Holdings Ltd.