Money Laundering Control Officer/Compliance Supervisor Career Jobs - Finance Trust Bank (FTB)

Organization: Finance Trust Bank (FTB)
Duty Station:  Kampala, Uganda
Reports to: Head of Compliance

About Us:
Finance Trust Bank is licensed as a Tier 1 Commercial Bank after taking over the financial services business of Uganda Finance Trust Limited (MDI). Finance Trust Bank is a fully-fledged commercial bank serving a clientele of over 400,000 depositors and over 28,000’ borrowers, through a network of 36 branches countrywide. The bank offers a variety of Products and services including; Savings, Current accounts, Loans, Money transfer services and Bills payments to its target market which comprises of micro, small and medium entrepreneurs, salary earners and youth.

Job Summary: The Money Laundering Control Officer/Compliance Supervisor will take responsibility for managing and maintaining the organization’s obligations as regards the supervision and reporting of money laundering activities. The incumbent will be responsible for designing, evaluating, supporting, and influencing a culture of compliance throughout the organization, as well as assisting in the management and execution of an efficient compliance monitoring program.

Key Duties and Responsibilities:
  • Ensure compliance with regulatory framework put in place by local and international stakeholders
  • Identify and inform of any changes to legislation and other regulatory requirements relating to AML/CTF and other regulatory requirements
  • Improve and maintain Anti Money Laundering (AML) and Counter Terrorist Financing (CTF) policies and procedures
  • Develop AML guidance materials, training resources, and controls
  • Implement the annual AML plan and perform the relevant quality assurance checks to ensure adherence and conduct due diligence reviews.
  • Develop tools to monitor, analyze, and report suspicious activity
  • Address issues relating to transaction monitoring, filtering, and sanctions
  • Provide oversight to the operational team, which acts as the first line monitors and investigators of suspicious activity.
  • Enforce the reporting obligation of the Bank in relation to AML and CTF.
  • Ensure that there is an ongoing staff training program on money laundering control for all members of staff
  • Coordinate KYC and AML information requirements from key stakeholders such as correspondent banks.
  • Establish and continuously improve a consistent operating framework for the identification, management, monitoring and reporting of Compliance risks and issues.
  • Responsible for ensuring that the operating framework meets internal and statutory requirements
  • Liaise with Risk Management and Internal Audit on risk related issues, as well as non-compliance with internal policies, legislation, rules and regulations.
  • Monitor non-compliance and escalate any issues where non-compliance is not addressed
  • Ensure Policy/Procedure/Regulatory Compliance across the Bank


Qualifications, Skills and Experience:
  • The applicants for the Finance Trust Bank Money Laundering Control Officer/Compliance Supervisor should hold a Bachelor’s degree in Accounting or Finance or any other related discipline from a recognized University.
  • Professional qualification e.g. ICA, ACCA, CPA desirable
  • At least three years’ experience working in the Compliance field in a reputed financial institution.
  • Working knowledge of Risk analysis systems in the Banking industry.
  • Good understanding of the business processes and banking operations.
  • Good understanding of the reporting regulations and compliance requirements of key stakeholders
  • Up to date with legal and regulatory changes in the industry.
  • Excellent analytical and problem solving skills.
  • Good at analysis and decision making skills.
  • Ability to transfer knowledge and provide guidance.
  • Ability to work long hours without supervision.
  • Ability to work on own initiative and as part of a team.
  • Excellent interpersonal skills.

How to Apply:
All qualified candidates should submit their applications which should include; photocopies of academic testimonials, a CV with at least three reference contacts, including the most recent employer, and telephone number to; Head, Human Resource, Finance Trust Bank, Plot 115 & 121, Katwe, P. O. Box 6972, Kampala, Uganda.

Deadline: 18th December 2017

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