Job purpose:
The Compliance Supervisor is responsible for developing, Implementation and monitoring compliance risk management strategies for the bank in line with bank’s policies and procedures.
Key Result Areas:
Develop, implement and monitor the bank’s policy compliance framework and ensure that all bank operating procedures meet the compliance requirements as defined by the regulator and bank policies/procedures.
• Developing a policy tracking tool for due dates for review of existing policies.
• Coordinate and communicate updates of the bank’s policies and procedures to reflect changes in the regulatory requirements and the bank’s operating standards.
• Review of the draft updated policies to ensure they reflect changes in the regulatory framework and bank’s business plan.
• Keeping track of policy progress and facilitate the submission of the policy track to the Compliance Manager on a quarterly basis.
• Monitor the Bank’s Compliance with all the policies and procedures requirements.
• Prepare bank-wide policy and procedures compliance status report on a Monthly basis.
• Liaise with the Compliance Manager to prepare the training outcome report on matters related to training on policies and procedures.
• Champion the policy and procedure compliance program to guide overall institutional compliance with the policies and procedures.
• Ensure the implementation of a Compliance Departmental work plan.
• Follow up on closure of all outstanding policy and procedure breach issues.
• Follow up to ensure effective implementation of all Internal and External Audit findings.
• Support product development and development of procedures for the new products and processes.
• Coordinate the communication to support sensitization and awareness of policies and procedures.
• Review of information feedback received from bank units and other sources on compliance information sought.
• Conduct periodical compliance risk reviews.
• Continuously identifying process weaknesses and propose ways to improve efficiency.
• Identify skill and competency gaps related to policies and procedures and recommend appropriate training and development.
• Train staff on matters relating to compliance covering general bank standards, policies and procedures.
• Work with policy and procedure owners to develop appropriate training materials and ensure that staff are trained and tested.
• Conduct on job training/coaching for subordinate staff and recommend training interventions where need be.
• Any other duties as may be assigned by the line supervisor.
• Attend the ATC meetings as an invitee.
Requirements
• Bachelor’s degree in Commerce, Business Administration, Statistics or Economics (preferably with a bias in Audit, Risk and Compliance)
• Possession of diploma in Law or professional qualification in accounting, compliance, auditing or related fields is an added advantage.
• 3 years’ experience in the banking sector having covered / worked in different areas of the bank such as banking operations, Risk, Audit, Finance, Legal, Credit, IT etc,
Job application procedure
Interested and qualified? Click here to apply
More Information
- Address Kampala, Uganda, East Africa
