Compliance Advisory and Data Privacy Officer job at ABSA Bank | Apply Now

Compliance Advisory 60%

• Ability to translate compliance requirements from legislation into business processes/procedures

• Advise business on compliance issues and providing of compliance opinions

• Advise business on any changes in set standards/ local requirements (throughout the year)

• Identify business impact for new regulatory requirements and escalate upwards as necessary

• Provide clear, accurate and timely responses to requests from management for input on new initiatives and projects thereby providing a superior service which protects and enhance reputation of compliance function

• Participate in the new product initiative process by reviewing new product proposals for compliance against local regulatory requirements and providing the Head of Regulatory Affairs/Head of Compliance with a report on these requirements.

• Participate in business unit risk and compliance forums and ensure that participants in these forums are adequately informed on regulatory compliance requirements

• Support the identification and regular maintenance of the total universe of regulatory aspects applicable to the business unit

• Support the maintenance of updated Compliance Risk Management Plans for all core and high risk regulatory requirements, indicating all relevant details pertaining to provisions, controls, etc.

• Support the Head of Regulatory Affairs to plan, coordinate, facilitate and monitor interaction with local regulators

• Ensure that business addresses concerns raised by the Regulator /delivers on commitments made to the Regulator

• Support the maintenance of updated database of regulatory commitments, regulatory contacts relevant to the business unit, business licenses and their update dates and the attestation calendars

• Enhance and promote a compliance culture through awareness activities

• Create and build a compliance presence in the business

• Act as point of contact between business and Compliance department.

• Where relevant, compile compliance officers’ reports for submission to the Regulators (jurisdiction irrespective).

• Compile any other reports as may be required over and above the standard reports above (e.g. reports on request from stakeholders with regards to allocated policies).

Data Privacy 40%

• Support the implementation of and ensuring compliance to the Data Protection and Privacy Act 2019 and its regulations

• Promote the protection and observance of the right to the privacy of a person and personal data.

• Monitor, investigate and report on the observance of the right to privacy and of personal data.

• Implementation of programs intended to raise public awareness about the  Data Protection and Privacy Act 2019;

• Receive and investigate complaints relating to infringement of the rights of the data subject under this Data Protection and Privacy Act 2019;

• Establish and maintain a data protection and privacy register.

• Drives compliance with the policy and standards through the Data Privacy organisational structure

• Develop and implement  key privacy-specific processes such as the Subject Access Request process

• Manage the information-related to incident management process, which includes privacy incidents

• Provide SME guidance to 1st line in respect of policy requirements

• Co-ordinate Absa Uganda-wide initiatives with Business Units Privacy Officers/Champions to ensure consistency and efficiency.