Job Title: Financial Crime Compliance Manager
Location: Kampala, Uganda
Organization: Absa Bank Uganda
Employment Type: Full-time
Application Deadline: 8th November 2024
Job Description
The Financial Crime Compliance Manager will develop and maintain a comprehensive framework for managing financial crime risks. This role requires close collaboration with Business Units and external stakeholders to ensure compliance with both internal and external financial crime regulations.
Key Responsibilities
Regulatory:
- Adapt FinCrime policies and standards to meet local regulatory requirements.
- Communicate new regulatory changes effectively to business units.
- Manage regulatory inspections and engagements.
Reporting:
- Prepare and submit required reports, including KRIs and KPIs.
- Oversee financial crime training statistics, ensuring timely submissions.
Policies:
- Implement policies and procedures to mitigate financial crime risks.
- Ensure effective adoption of financial crime policies.
Advisory:
- Act as an expert on Anti-Bribery & Corruption (ABC), Sanctions, and Anti-Money Laundering (AML).
- Provide guidance on complex compliance issues to business units.
Issues and Breach Management:
- Escalate and track issues and breaches as required.
- Coordinate reviews, audits, and inspections related to financial crime compliance.
Training:
- Identify training needs and coordinate with the Compliance and Financial Crime Learning Team.
- Organize refresher training and maintain regulatory updates for stakeholders.
Risk Assessment:
- Monitor business metrics to identify financial crime risks.
- Support the Deputy Money Laundering Reporting Officer (DMLRO) in conducting annual financial crime risk assessments.
Qualifications
Education:
- Bachelor’s degree in Commerce, Finance, Accounting, or Law.
Experience:
- Minimum of 5 years in banking or a related field.
- Professional AML/Compliance Certification is preferred.
Skills:
- Expertise in AML, Sanctions, and related policies.
- Strong knowledge of AML regulatory frameworks.
- Understanding of the banking industry and risk management practices.
Competencies:
- Deciding and initiating action
- Leading and supervising
- Persuading and influencing
- Creating and innovating
- Delivering results and meeting expectations
For more information and to apply, Click Here to apply.
About Absa Bank:
Absa Bank Uganda is part of Absa Group Limited, a leading multinational banking group based in Johannesburg, South Africa, and listed on the Johannesburg Stock Exchange.
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