Job Summary

The ideal candidate has a broad understanding of the latest laws, regulations and business trends. He/she is a reliable and candid professional with firm decision making skills. He/she will ensure we operate in a legal and ethical manner while meeting our business objectives. He/she has familiarity with risk management with an astute business acumen

Responsibilities

• Proactively audit business and technical processes, practices and documents to identify operational weaknesses
• Develop and implement an industry standard compliance model required to operate within regulatory parameters
• Liaise with Lycamobile senior management to ensure proper implementation of established compliance policies
• Review internal company policies to ensure they align with regulatory policies
• Regularly conduct assessment to identify new regulations governing compliance and good business practice
• Monitor client financial activities on the mobile money ecosystem to ensure they comply internal and external policies
• Collaborate with other departments such as the revenue assurance or internal audit unit to forward compliance issues for investigation
• Initiate or recommend an investigative process in response to complaints of policy or procedural violation
• Conduct internal audits prior to an external audit to ensure company policies and operations are up to standard
• Monitor the operations and procedures of the different sections of LM Uganda to ensure overall compliance
• Carry out assessments to identify areas of potential compliance risks in order to implement preventive/corrective strategies to address compliance issues
• Provide reports on a regular basis to senior management to keep them updated on progress of compliance operations
• Organize compliance programs to educate staff on recent and already existing compliance requirements
• To promote ethical conduct and compliance with rules, regulations and standard processes that applicable laws and regulations
• Create sound internal controls and monitor adherence to them
• Evaluate business activities (e.g. investments) to assess compliance risk
• Educate and train employees on compliance regulations and industry practices
• Keep abreast of internal standards and business goals

Skills and Qualifications

• BSc/BA in law, finance, business administration or a related field
• Professional certification (e.g. Certified Compliance & Ethics Professional (CCEP) is a plus
• Experience in risk management
• Knowledge of legal requirements and controls (e.g. case law and audit)
• Familiarity with audit industry practices and professional standards
• Excellent communication skills
• Integrity and professional ethics
• Teamwork skills and attention to detail

Job Requirements

Required education: Bachelor's degree
Required relevant work experience: 3 years