Compliance Analyst Job at KCB Bank

KCB Bank

Compliance Analyst Job Post

Location: Jobs in Uganda 2023 - 2024

Work Hours: Full-time, 08 hours per day

Salary: UGX

No. of vacancies: 01

Deadline: January 08 2024

Hiring Organization: KCB Bank

Job Details:

The position will among other functions provide first line compliance surveillance, guidance and management on AML& CFT alerts and other relevant information in line with applicable laws, regulations, KCB Bank Uganda and KCB Group policies and international standards. To deputize the Compliance Manager where appropriate. The jobholder will be responsible for monitoring compliance with Regulatory requirements as well as KCB Bank Uganda Policies and Procedures.

KEY RESPONSIBILITIES
• Monitor and track 100% compliance with all laws, regulations, guidelines, and circulars in the compliance universe.
• Receive, assess and investigate AML alerts and other information for suspicious activity relating to money laundering, terrorist-financing and sanctions compliance.
• Support & provide AML/KYC awareness and system training across the Bank.
• Handle money laundering related queries received from Financial Intelligence Authority (FIA), Bank of Uganda and Correspondent Banks.
• Analyze customer profiles, conduct risk based enhanced due diligence and recommend appropriate actions including change of customer risk ratings.
• Prepare necessary reports on AML/CFT and Compliance risks.
• Conduct counterparty due diligence for financial institutions.
• Conduct compliance reviews (Regulatory and Internal Policies) across the Bank.
• Monitor compliance with Data Protection Laws, Policy, and Regulations.

DAILY RESPONSIBILITIES
• Monitor and track 100% compliance with all laws, regulations, guidelines, and circulars in the compliance universe.
• Receive, assess and investigate AML alerts and other information for suspicious activity relating to money laundering, terrorist-financing and Sanctions compliance.
• Handle money laundering related queries received from Financial Intelligence Authority (FIA), Bank of Uganda and Correspondent Banks.
• Support & provide AML/KYC awareness and system training across the Bank

MINIMUM POSITION QUALIFICATION REQUIREMENTS
Academic & Professional
Particulars Detail Specific Field or Qualification Need Type
Education Bachelors Degree Law, Business, Economics, Banking RQ
Professional Qualifications (ACAMS,CPA) AA
Masters Degree Law, Economics, Finance, Banking AA
Notes: Need Types are : RQ = Required, AA = Added Advantage
A minimum of 3 years experience is required.