Compliance Monitoring & Testing Officer Absa Bank

The monitoring of the compliance processes and methodology in all the businesses to ensure policy, regulatory and AML compliance throughout the business unit as well as the implementation, alignment and embedding of the compliance training requirements in the business.

Job Description
Monitoring 60%
• Support the monitoring activities for ensuring compliance with Group/BU Compliance policies and local regulatory requirements.
• Agree action plans in order to address the monitoring and testing review findings with business
• Support effective tracking mechanism of all the reviews and respective findings.
• Conduct follow-up reviews on the progress made to address material issues
• Provide guidance and support to country on compliance monitoring related activities and queries.
• Perform ad hoc compliance reviews on specific matters at the request of the Absa Group Compliance Function or country management.

Training on Policies and Procedures 40%
• Support implementation and delivery of the Annual Compliance Training Plan
• Monitor and ensure that each employee has completed the required training that enables them to comply with the legal, regulatory and Group policy requirements.
• Monitoring and Reporting Management Information of all Compliance training and awareness for the relevant forums and stakeholders
• Support all compliance related training projects/ initiatives to fulfilment at an acceptable level regarding content and quality
• Retaining evidence that training has been received by each member of staff.
• Ensuring that ongoing awareness raising information is provided to staff, including successes within Absa, new typologies and cases, and changes in the legal or regulatory obligations.
• Maintaining robust and update Training Database which show, staff name, staff number, branch/department training categories, role, joining date, training/accreditation/attestation date, assessment score, and when next training accreditation/attestation should be undertaken.
• Ensuring that the library of training tests/ questions and answer keys is maintained securely.

Education and experience required
• B-degree in Commerce, Finance, Accounting or Law
• Wide-ranging compliance/audit/assurance experience in a financial services environment.

Knowledge and skills: (Maximum of 6)
• Comprehensive knowledge of risk management skills, methodology and processes.
• Good understanding of current and anticipated Uganda, UK, European and other countries’ requirements and supervisory expectations.
• Excellent working knowledge of MS Office applications with a high exposure to spread sheet and data analysis

Competencies: (Maximum of 8 competencies)
• Delivering results and meeting expectations
• Persuading and influencing
• Creating and innovating
• Deciding and initiating action
• Leading and Supervising
Education
• Higher Diplomas: Business, Commerce and Management Studies (Required)