Brac Uganda Finance Compliance Manager Jobs

Brac Uganda Finance Compliance Manager Jobs

  • Compliance Manager
    No of Vacancy: N/A
    Job Description/Responsibilities:

    Major Responsibilities

    Strategic compliance management

  • Develop the bank’s compliance framework and ensure that it is consistent with the governing laws, Code of Ethics and professional conduct.
  • Liaise with relevant external stakeholders and participate in industry compliance fora to ensure alignment of BRAC’s compliance methodology.
  • Attend Senior management meeting. 2) Advise on regulatory issues
  • In conjunction with the Legal department advice management on laws including Acts, Regulations and relevant case law that require compliance and ensure compliance with all relevant and applicable regulatory requirements within the business unit.
  • On a pro-active basis, identify, assess and document compliance risks associated with BRAC’s current and proposed future business activities, including new products and new business relationships before their formal undertaking by the financial institution.
  • Assess the appropriateness of internal policies, procedures, processes and guidelines in relation to the governing laws, Code of Ethics, professional conduct and make appropriate recommendations to Management.

    Follow up on Non-compliance issues

  • Conduct follow-up on the resolution of any identified compliance findings in Bank of Uganda examination reports, internal and external audit reports and oversee the implementation of corrective measures to mitigate the identified deficiencies.

    Deliver compliance training and awareness

  • Conduct staff awareness and training on compliance issues including Anti-Money Laundering requirements and terrorism financing.
  • Design and update an inventory of essential laws, regulations and Bank of Uganda guidelines or any other and stakeholders that governs the banking business.


  • Undertake regular account reviews, especially for politically exposed persons (PEP) and monthly transaction checks in line with AML regulatory requirements.
  • Conduct compliance checks to assess the appropriateness of internal policies, procedures, processes and guidelines in relation to the governing laws, corporate governance and code of ethics, competition and make appropriate recommendations.
  • Ensure submission of returns to Bank of Uganda and other external stakeholders is timely and accurate.
  • Peruse loan files for large exposures (as determined from time to time) to ensure that loan documentation is properly drafted and executed before disbursement of the loans.


  • Submit compliance report to the Board Risk Committee on quarterly basis.
  • Submit monthly compliance reports to the Chief Executive Officer (hereinafter “CEO”)
    and Chief Operations Officer (hereinafter “COO”) highlighting the Compliance status of BRAC and areas in need of improvement.
  • To centralize all information on compliance related issues within BRAC for access by all staff.
  • Ensure that new compliance circulars/directives/guidance notes are distributed to the relevant BRAC personnel and appropriate action taken.
  • Lead and manage the performance and development of the Compliance department staff.
  • Participate in the recruitment and selection of staff.
  • Identify skill and competency gaps and recommend appropriate training and development.
  • Formulate and follow through the implementation of a Compliance Department work plan to guide in the operation of the Compliance Department for the Bank.
  • Monitor performance and carry out periodical performance appraisals.
  • Manage staff annual leave days and ensure staff take their entitled leave days.

    Educational Requirements:
  • Bachelor’s Degree in economics, banking, business administration, accounting or Law.
  • Compliance Manager Certification, Legal practice certification, professional risk management certification, accounting or audit qualification are added advantage.

    Experience Requirements:
  • At least 3 years in credit and banking operations, and 2 years in Compliance Management role or related background.

    Additional Job Requirements:
  • Good interpersonal and people management skills.
  • Age Range: N/A
  • Salary Range: Negotiable

    Other Benefits:
  • Job Location:
  • BRAC UGANDA Finance Limited

    How to Apply:
  • Interested candidates must submit their application letter, Curriculum Vitae, All Scanned copies of academic /other supporting documents, IN PDF FILE.
  • In total, there must only be a maximum of 2 attachments and send to Only soft Copy applications addressed to the Head of Human Resources and Training BRAC Uganda Finance Limited mentioning the job title as the Subject Not Later than Friday 15th February 2019.
  • Female candidates are particularly encouraged to apply.
  • For more information and job application details, see; Brac Uganda Finance Compliance Manager Jobs

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