Compliance Officer

Job Description

The Compliance Officer is to ensure that BUBL operates within the bounds of legal, regulatory, and ethical standards while aligning with its internal policies. By doing so, they help protect BUBL from legal risks, financial penalties, and reputational damage.

Job Responsibilities

• Conduct regular visits to branches and field offices to ensure compliance with policies, procedures, and regulations.
• Monitor field-level disbursements, collections, and client interactions to detect potential compliance breaches.
• Identify operational risks and propose corrective actions to branch and field staff.
• Review client files, loan applications, and repayment records to verify adherence to microfinance policies.
• Support the branch in spot checking and conducting prewrite off activities.
• Provide guidance to business growth and field officers on compliance-related issues.
• Deliver compliance training programs for field and branch staff.
• Raise awareness of compliance issues, including ethical practices, customer protection, and compliance risk management
• Ensure compliance with banking regulations, including anti-money laundering (AML) and combating financing of terrorism (CFT) requirements.

Qualifications & Skills

• Bachelor’s degree in accounting, commerce, law, business, finance, or a related field.
• Strong knowledge of banking regulations and laws.
• Experience in Operations, Auditing, Risk Management, Legal, Internal Controls, etc
• Excellent analytical and problem-solving skills.
• Strong communication and interpersonal skills.
• Attention to Detail: Ensuring accuracy in policies, audits, and reports.
• Knowledge of Laws and Regulations: Familiarity with industry-specific and general legal standards.
• Banking/Finance: Anti-money laundering (AML) and financial regulations.
• Basic knowledge in the use of Microsoft Office tools
• Oral and written communication skills
• Investigation and Research
• Problem-Solving Skills: Address and resolve compliance challenges effectively.
• Ethical Judgment: Strong integrity and ability to make unbiased decisions
• Ability to assess risks and ensure compliance.

How to Apply

Interested candidates should email their application letter, Curriculum Vitae, and copies of relevant academic documents, IN PDF FILE mentioning the job title as the subject matter to recruitment.bracugandabankltd@brac.net NOT later than  Friday, 06^th December 2024 . All applications should be addressed to the Head Human Resource BRAC Uganda Bank Ltd.

Note: Only shortlisted candidates will be contacted.