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Compliance Officer Role at Yako Bank in Uganda

The Ugandan financial sector has a new job opening as Yako Bank seeks a Compliance Officer to ensure adherence to laws, regulations, and policies.

Job Summary

As a key member of the bank’s compliance team, the Compliance Officer will play a crucial role in ensuring that Yako Bank operates within the boundaries of relevant legal and regulatory requirements. The successful candidate will be responsible for implementing internal controls, providing guidance on compliance matters, and conducting internal audits to ensure that the bank meets its compliance obligations.

Key Responsibilities

The successful candidate will be expected to:

• Support the achievement of profitability through management of departmental objectives
• Identify compliance obligations for each department and provide time-bound review support
• Develop plans to address potential regulatory compliance risks and escalate identified gaps to senior management
• Establish a complete compliance scope for the bank based on applicable laws, regulations, policies, agreements, and standards guidelines
• Support the development and delivery of compliance risk training programs across the bank
• Prepare periodic reports on regulatory compliance exposures

Requirements

To be considered for this role, applicants must have:

• A minimum of a Bachelor’s degree in law, business management, or a related field
• At least 2 years of hands-on experience as a compliance officer in a bank or financial institution
• Strong knowledge of legal requirements and controls
• Excellent verbal and written communication skills
• Excellent analytical and risk management skills

How to Apply

Interested candidates should submit their applications along with CVs and academic documents online through [email address]. The deadline for application is Friday, 14th June 2024.