Risk and Compliance Officer job at Platinum Credit (U) Ltd

Job Purpose;
Responsible for identifying, analyzing and responding to compliance and operational risks that might affect the realization of business objectives in liaison with risk owners and monitor mitigation activities in a structured manner.

Responsibilities
• Conduct compliance reviews of key policies, processes and procedures as per the Annual Risk and Compliance Work Plan to evaluate adherence.
• Implement the Branch Review Work plan as developed by Group Risk and Compliance function and any review requests by senior management.
• Track the progress of remediation of control weaknesses identified by internal audits, self-testing or control assessments and follow up on the implementation of external audit recommendations and management actions in conjunction with Internal Audit.
• Coordinate with Departmental Heads/risk owners to ensure that product manuals are reviewed and updated.
• Perform regulatory compliance reviews as per the obligation checklist.
• Complete Annual Compliance Report (ACR) on AML and CFT and submit to Group Risk and Compliance for review and approval.
• Perform monthly compliance checks on sanctions screening procedures and Environmental and Social Risk Rating of the loan book.
• Coordinate and provide regular training programs for staff to build on documented policies and procedures.
• Collate and review information on reported frauds as and when requested by subsidiary management and table the findings to the subsidiary Fraud Investigation Committee.

Essential Skills/Knowledge:
• Knowledge of risk management principles and practices
• High level analytical and investigative and problem-solving skills
• High level of written and verbal communication skills
• Highly proficient in Microsoft Suite

Required Qualifications and Work Experience:
• Bachelor’s degree in a relevant field.
• At least four (4) years’ experience in Risk and Compliance.

Job application procedure
To apply, submit your application, detailed CV and testimonials to the address below;
The Human Resource Manager;
Platinum Credit (U) Ltd
Send your application by
Email to: careers@platinumcredit.co.ug 

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