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Manager- Internal Controls job at DFCU Bank | Apply Now
Kampala, Uganda
Full Time
Are you looking for Management jobs in Uganda 2025 today? then you might be interested in Manager- Internal Controls job at DFCU Bank
About the Organisation
DFCU Bank is a leading financial institution in Uganda dedicated to transforming lives and businesses through innovative financial solutions that drive economic growth and financial inclusion. Established in 1964 as the Development Finance Company of Uganda, the bank has grown from a development finance institution into a full-fledged commercial bank, with a significant milestone being its acquisition of Crane Bank in 2017. Recognized for its strong financial performance, customer service excellence, and digital banking innovations, dfcu Bank has received multiple industry awards and remains a trusted partner for individuals, SMEs, and corporate clients.
The bank fosters a dynamic and inclusive work culture that emphasizes integrity, customer focus, innovation, teamwork, and excellence, offering employees professional growth, career advancement opportunities, and competitive benefits. With a strong presence across Uganda through an extensive network of branches, ATMs, and digital banking services, dfcu Bank continuously invests in technology to enhance accessibility and efficiency.
Committed to corporate social responsibility, the bank actively supports financial literacy programs, women empowerment initiatives, environmental sustainability efforts, and youth entrepreneurship. Headquartered at 26 Kyadondo Road, Kampala, Uganda, dfcu Bank remains a key driver of financial empowerment and economic development in the country. For more information
Job Title
Manager- Internal Controls job at DFCU Bank
DFCU Bank
Job Description
Job Title: Manager- Internal Controls (1 Position)
Reporting to: Head of Internal Controls
Duty station: Head Office
Reporting to the Head of Internal Controls, the role holder will oversee the internal control framework within the Technology, Digital Transformation and Operations Domain. The role will be responsible for ensuring compliance with internal policies and procedures, regulatory standards, mitigating risks, and enhancing operational efficiency. The suitable candidate will have a solid background in risk management, internal controls, IT, and collaboration with multiple stakeholders to foster a culture of accountability and risk-awareness.
Duties, Roles and Responsibilities
Plan and coordinate the execution of planned and adhoc assurance monitoring reviews in liaison with the relevant key stakeholders in compliance with the approved assurance methodology.
Establish and oversee ongoing monitoring activities to evaluate the effectiveness of internal controls, and report findings to senior management, including recommendations for improvement.
Timely and quality execution of all the scheduled reviews as per agreed plan.
Supervise control assurance reviews to ensure conformance with the assurance methodology which outlines the minimum detailed procedures to be followed and the quality of outputs.
Develop, maintain and update monitoring checklists which will be used as a mechanism for monitoring, assessing and reporting on adequacy and effectiveness of controls across the network.
Facilitate the validation of completeness, quality, accuracy and effectiveness of the control risk management tools such as RCAs/KRIs, etc.
Continuously check the controls related to new product roll outs, business and initiatives and process changes are effective and are in place pre and post implementation.
Monitor that tracking of remedial actions from internal audits, regulatory reviews, FCM investigations, control reviews and other such assurance reviews is undertaken as agreed with the business units. This will involve validation of implemented interventions prior to closure of the issues.
Monitor implemented risk and compliance management processes – as identified and assessed by Risk and Compliance to ensure adherence to standards, policies and procedures.
Monitor the effective implementation of the operational risk framework i.e. loss control, incident management, BCM, IRM as per the approved risk management framework across the network.
Perform root cause analysis for control failures and ensure that appropriate remedial actions are identified and implemented.
Oversee the investigation of control failures or incidents, identifying root causes, and implementing corrective actions to prevent recurrence.
Train key stakeholders to enhance/improve the risk and control culture across the network through effective engagement and support to Business teams.
Work closely with various departments, including Compliance, Audit, and Risk Management, fostering relationships that facilitate effective communication and coordination regarding internal controls.
Conduct regular risk assessments to identify, analyze, and evaluate potential risks affecting the Operations and Technology and Digital Transformation Domain, developing strategies to mitigate identified risks.
Support and oversee the development, documentation, and dissemination of internal policies and procedures ensuring that they are understood and followed by all employees.
Stay informed on industry trends and regulatory changes affecting internal controls and risk management, making recommendations for process enhancements as necessary.
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Qualifications, Education and Competencies
A minimum qualification of a Bachelor’s degree in Finance, Business Administration, Risk Management, Information Technology, or a related field.
Professional certification /Qualification in risk management/ audit will be an added advantage.
At least 5 years’ experience in banking, 3 of which should have been in internal controls, risk management, or compliance roles within a financial institution.
Strong knowledge of regulatory requirements and industry standards related to operational and IT risk management.
Knowledge of risk management processes (e.g., methods for assessing and mitigating risk).
Knowledge of laws, regulations, policies, and ethics as they relate to banking.
Knowledge of applicable business processes and operations of financial institutions.
Strong leadership skills.
Excellent analytical, planning, problem-solving, and organizational skills, with the ability to prioritize multiple tasks effectively.
Excellent collaboration and communication skills.
Strategic Perspective – Establish priorities, challenging goals and measurements consistent with these goals and organizational vision.
Critical Judgement and Decision-Making – Define issues and focus on achieving workable solutions to obstacles.
Good Communicator – Presents ideas effectively, clearly and concisely both orally and in writing.
Leadership and Interpersonal Skills – Create a culture of continuous development and ownership with self and the team
Inspire Commitment –Actions and behaviours are consistent with words.
Self-Development – Pursues positive change in self and organization. Drives own personal development plan.
How to Apply
If you believe you meet the requirements as noted above, please forward your application with a detailed CV including present position and copies of relevant professional/academic certificates from O’level, to the email address indicated below:
Deadline: Thursday 22nd May 2025.
Only short-listed candidates will be contacted.
dfcu Bank is an equal opportunity employer. We do not discriminate on the basis of religion, age, citizenship, marital or family status, disability, or gender.
