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Compliance Officer job at BRAC Uganda | Apply Now
Kampala, Uganda
Full Time
Are you looking for Accounting jobs in Uganda 2024 today? then you might be interested in Compliance Officer job at BRAC Uganda
About the Organisation
BRAC Uganda is a leading development organization committed to improving the quality of life for people living in poverty, particularly through its focus on education, healthcare, economic empowerment, and social justice. With a stellar reputation for its innovative approaches and impactful programs, BRAC Uganda has been recognized as a pioneer in providing scalable and sustainable development solutions that empower vulnerable communities.
The organization fosters a collaborative and inclusive work culture where employees are encouraged to grow professionally and contribute to meaningful change. BRAC Uganda offers a range of job opportunities and flexible work arrangements, promoting a healthy work-life balance while supporting personal and career growth.
Established as a branch of the global BRAC network, which began in Bangladesh in 1972, BRAC Uganda has expanded its operations over the years, providing services across various regions of Uganda and becoming a trusted partner for local communities and development stakeholders. The organization’s business model focuses on creating self-sustaining social enterprises, driving impact through education, microfinance, healthcare, and social development. With a significant presence and extensive reach across Uganda, BRAC’s programs touch millions of lives annually.
Core values of integrity, innovation, empowerment, and social inclusion guide its operations, ensuring that the needs of the underserved are met with dignity and respect. The organization is also deeply committed to corporate social responsibility, investing in programs that address environmental sustainability, community development, and social welfare. For more information, visit their website at www.brac.net.
BRAC Uganda Bank Ltd launched on 25 April 2019 and attained its current status as a Tier II Credit institution following a successful background as the leading Microfinances services provider in Uganda. The bank operates 32 regulated branches and 131 satellite offices covering 84 districts in Uganda targeting Micro, Small. and Medium Entrepreneurs. BRAC Uganda Bank Ltd promotes financial inclusion by extending financial services to unserved and underserved populations especially women and youth as well as people living in poverty in rural areas. The Bank is operationally and financially self-sustaining with over 231,000 active customers and a loan book in excess of Ushs.175 billion.
Job Title
Compliance Officer job at BRAC Uganda
BRAC Uganda
Job Description
Job Title: Compliance Officer
Organisation: BRAC Uganda Bank Ltd
Duty Station: Kampala, Uganda
The Compliance Officer is to ensure that BUBL operates within the bounds of legal, regulatory, and ethical standards while aligning with its internal policies. By doing so, they help protect BUBL from legal risks, financial penalties, and reputational damage
Duties, Roles and Responsibilities
Responsibilities:
Conduct regular visits to branches and field offices to ensure compliance with policies, procedures, and regulations.
Monitor field-level disbursements, collections, and client interactions to detect potential compliance breaches.
Identify operational risks and propose corrective actions to branch and field staff.
Review client files, loan applications, and repayment records to verify adherence to microfinance policies.
Support the branch in spot checking and conducting prewrite off activities.
Provide guidance to business growth and field officers on compliance-related issues.
Deliver compliance training programs for field and branch staff.
Raise awareness of compliance issues, including ethical practices, customer protection, and compliance risk management
Ensure compliance with banking regulations, including anti-money laundering (AML) and combating financing of terrorism (CFT) requirements.
Qualifications, Education and Competencies
Qualifications:
Bachelor’s degree in accounting, commerce, law, business, finance, or a related field.
Strong knowledge of banking regulations and laws.
Experience in Operations, Auditing, Risk Management, Legal, Internal Controls, etc
Excellent analytical and problem-solving skills.
Strong communication and interpersonal skills.
Attention to Detail: Ensuring accuracy in policies, audits, and reports.
Knowledge of Laws and Regulations: Familiarity with industry-specific and general legal standards.
Banking/Finance: Anti-money laundering (AML) and financial regulations.
Basic knowledge in the use of Microsoft Office tools
Oral and written communication skills
Investigation and Research
Problem-Solving Skills: Address and resolve compliance challenges effectively.
Ethical Judgment: Strong integrity and ability to make unbiased decisions
Ability to assess risks and ensure compliance.
How to Apply
Interested candidates should email their application letter, Curriculum Vitae, and copies of relevant academic documents, IN PDF FILE mentioning the job title as the subject matter to recruitment.bracugandabankltd@brac.net
All applications should be addressed to the Head Human Resource BRAC Uganda Bank Ltd.
Deadline: 6th December 2024
Note: Only shortlisted candidates will be contacted.