Senior Compliance Officer Job Careers – VisionFund Uganda (VFU)
Job Title: Senior Compliance Officer
Organisation: VisionFund Uganda (VFU)
Duty Station: Kampala, Uganda
Reports to: Risk & Compliance Manager
About US:
VisionFund Uganda (VFU) is a microfinance affiliate of World Vision Uganda and World Vision International. Its mission is to improve the lives of children by providing low income entrepreneurs with sustainable and integrated financial services that unlock their potential.
Job Summary: The Senior Compliance Officer wil primarily identify and clarify current internal and external compliance practices and controls within VISIONFUND UGANDA, diagnose and propose enhanced policies and procedures to ensure compliance by all staff with all legal, regulatory, VISIONFUND UGANDA Policies, procedures and manuals, financial and core operational system requirements.
Key Duties and Responsibilities:
- The jobholder will identify and assess the compliance risks associated with the current and proposed future business activities, including new products and new business relationships before their formal undertaking.
- Tasked with the design and update an inventory (available to all staff) of essential laws, regulations and Bank of Uganda guidelines or any other and stakeholders that governs the banking business
- Centralize all information on compliance related issues within VISIONFUND UGANDA for access by all staff. (e.g. breach of regulation, non-respect of procedures, conflict of interest etc.)
- Periodically educate and train staff or any parties that work closely with VISIONFUND UGANDA in compliance as well as for orienting new staff on compliance requirements
- Guide on compliance concerns from staff
- Work closely with relevant internal and external stakeholders to resolve VISIONFUND UGANDA’s compliance matters
- Carry out compliance checks and present reports to your immediate supervisor
- Assess the appropriateness of internal policies, procedures, processes and guidelines in relation to the governing laws, Corporate Governance, Code of Ethics, professional conduct and competition) and make appropriate recommendations to your Supervisor.
- Conduct follow-up of the resolution of any identified compliance findings, deficiencies, make recommendations for amendments, where necessary, and supervise the implementation of corrective measures to mitigate the identified deficiencies
- Send monthly Compliance reports to your supervisor highlighting the Compliance status of VISIONFUND UGANDA and areas in need of improvement.
- Follow-up on the resolution findings in departments and branches by Audit both internal and external, Risk.
- Tasked with the identification, awareness and communication; ensuring that VISIONFUND UGANDA is aware of current and future regulatory and legislative developments affecting its business.
Qualifications, Skills and Experience:
- The ideal candidate for the VisionFund Uganda (VFU) Senior Compliance Officer job opportunity should hold a Bachelor’s Degree
- Professional accounting or audit qualification (an added advantage)
- Possession of a Diploma in Law (an added advantage)
- At least four years’ experience in managing compliance activities in a regulated financial institution
How to Apply:
All suitably qualified and interested candidates should send or hand deliver their applications, CVs, plus copies of their academic credentials and recommendations from 2 professional referees to the address below:
The Human Resource Manager,
VisionFund Uganda Ltd (VFU)
Plot 256, Makerere Kavule,
P.O. Box 24751, Kampala, Uganda.
Email to: info@visionfunduganda.co.ug
Deadline: 10th May 2017