COMPLIANCE MANAGER Needed at FINCA Bank Uganda

SUMMARY
The Compliance Manager’s position is responsible for leading FINCA Uganda’s Compliance function, providing strategic direction and focus. The compliance Manager is responsible for the implementation and maintenance of a Compliance risk management frame work within the institution, he develops the institutions wide compliance coverage plans that help the institution remain compliant and avoid regulatory sanctions.

Duties  and responsibilities 

1. Provide strategic leadership and direction for the compliance department.
2. Perform general management activities in relation to the compliance and AML team
3. Implement and oversee a consistent operating framework across FINCA Uganda which satisfies the minimum standards for compliance risk management. This includes but not limited the use of technology, conducting effective processes, appropriate organization structure etc.
4. Oversee Implementation of the compliance and AML frameworks and monitor levels of compliance across FINCA Uganda network and manage correction of gaps.
5. Monitor that policies are applied consistently across all business units.
6. Keep the Managing Director and other senior executives informed of compliance matters which pose financial or reputational risks to FINCA Uganda.
7. Act as the primary Compliance contact person in the institution and participate in relevant Regulatory Compliance forums/meetings.
8. Promote a high compliance performance culture within the compliance department and FINCA at large.
9. Develop an appropriate and effective compliance officer training strategy.
10. Provide management reports in a timely manner to both management and other key stake holders like the regulator, etc.
11. Stay abreast of all legislative and regulatory developments both locally and globally that might have an impact on the institution; in this regard liaise with Head of legal for new legislations, regulations and their interpretations.
12. Monitor non-compliance and escalate any issues where non-compliance is not addressed.
13. Liaise with Risk Management and Internal Audit on risk related issues, as well as non-compliance with internal policies, legislation, rules and regulations.
14. Assist Line Management to comply with applicable statutory, regulatory and supervisory requirements and to avoid sanctions.