Supervisor, Regulatory & Statutory Compliance Job at PostBank Uganda Ltd

PostBank Uganda Ltd

Supervisor, Regulatory & Statutory Compliance Job Post

Location: Jobs in Uganda 2023 - 2024

Work Hours: Full-time, 08 hours per day

Salary: UGX

No. of vacancies: 01

Deadline: November 07 2023

Hiring Organization: PostBank Uganda Ltd

Job Details:

REPORTS TO: Head of Compliance

Job Purpose
• The Job holder will be responsible to ensure that the institution’s business and conduct fully complies with all the relevant laws, regulations, standards, codes, rules, guidelines, the Bank’s internal policies and procedures as well as ensuring that the Bank is insulated against the risks of legal, regulatory sanctions, financial loss and reputation loss.

Key Responsibilities /Key Deliverables
• Support the Head of Compliance to operationalize and regularly review the effectiveness of the Bank’s Regulatory Compliance Framework.
• Develop and Implement an effective Regulatory Compliance Program for the bank.
• Develop and maintain regulatory awareness amongst all bank employees and agents.
• Ensure that compliance training programs on applicable laws and regulatory requirements are delivered effectively to all employees, agents, and any identified user groups.
• Ensure that all conclusions and recommendations of Bank of Uganda and external audit are reviewed, and implementation process tracked closely.
• Ensure that all legal and regulatory requirements are adequately embedded in all the bank’s Policies, procedures, and processes.
• Track and ensure timely submission of prudential returns as well as responses to queries raised by regulators, correspondent banks, funding
• partners and other relevant external parties.
• Prepare monthly compliance reports properly detailing statutory and regulatory matters and updates.
• Maintain up-to-date detailed knowledge and understanding of relevant regulations and laws; and their implications upon PBU’s business activities

Qualifications, Experience and Competencies Required
• Bachelor’s degree in commerce, Business Administration, Statistics, or any other relevant Business-related degree.
• Relevant Professional qualification: such as CPA/ACCA is added advantage.
• At minimum of five (5) years’ experience in Banking with a focus on regulatory compliance for at least three (3) years.
• Experience with use of data analytics tools
• A proactive attitude: an individual who maintains the highest professional standards to ensure all risks are managed.
• Ability to build supportive relationships with different groups across the company.
• Makes commercial business decisions and is resilient in the face of resistance.
• Credibility, professionalism, and confidence to implement best practice.
• Ability to consistently demonstrate initiative and confidence in day-today dealings with Management.
• Must be a person of impeccable integrity

Application procedure

The Following Documents Should Accompany The application
• Detailed CV.
• A cover letter.
• Copies of academic documents.
• Online applications addressed to Chief Human Resources Officer, PostBank Uganda.

Send application to hr@postbank.co.ug with job title as subject.
Closing Date: Tuesday 7th November 2023 at 5:00pm.
Only shortlisted candidates will be contacted.

PostBank Uganda is an equal opportunity employer.