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Financial Institution Compliance Officer Role in Uganda: Yako Bank Seeks Qualified Candidate
Yako Bank (U) Limited, a leading financial institution in Uganda, has announced a job opening for a Compliance Officer. The position is based at the company’s head office in Kampala and is open to qualified candidates until June 14th, 2024.
Job Responsibilities
As a key member of Yako Bank’s compliance team, the successful candidate will be responsible for:
- Ensuring that the bank adheres to all relevant legal and regulatory requirements
- Monitoring the bank’s activities and identifying potential risks or compliance issues
- Implementing internal controls and providing guidance and training on compliance matters
- Conducting internal audits
- Supporting the achievement of profitability through effective management of departmental objectives
Ideal Candidate Requirements
The ideal candidate should have:
- A strong knowledge of legal requirements and controls
- Excellent verbal and written communication skills
- Analytical skills
- Risk management skills
- A Bachelor’s degree in law, business management, or a similar field
- At least two years of hands-on experience as a compliance officer in a bank or financial institution
- Prior exposure to frontline banking operations
Job Duties
As a Compliance Officer at Yako Bank (U) Limited, you will be responsible for:
- Supporting the identification of compliance obligations for each department
- Providing timely compliance review support
- Developing plans to address potential regulatory compliance risks
- Establishing the complete compliance scope for the bank
- Conducting reviews of policies, guidelines, and procedures
- Developing and delivering compliance risk training programs across the bank
- Preparing periodic reports to update business units and senior management on regulatory compliance exposures
- Assisting in acting as a Money Laundering Control Officer when needed
How to Apply
Interested candidates should submit their applications, including CVs and academic documents, online through hr@yakobank.com by June 14th, 2024.