About US:

Stanbic Bank Uganda Limited is a subsidiary of Stanbic Africa Holdings Limited which is in turn owned by Standard Bank Group Limited (“the Group”), Africa’s leading banking and financial services group. The Standard Bank Group is the leading banking group focused on emerging markets. It is the largest African banking group ranked by assets and earnings. Stanbic Bank Uganda Limited is the largest bank in Uganda by assets and market capitalization. It offers a full range of banking services through two business units; Personal and Business Banking (PBB), and Corporate and Investment Banking (CIB).

Job Summary:   The Officer, Governance & Regulatory Affairs will ensure that the bank adheres to external regulatory requirements and internal policies, managing risks and promoting compliance within the organisation in line with the Enterprise Risk Management Framework and the Compliance Governance standard. Management Framework and the Compliance Governance standard.

Key Duties and Responsibilities:

Governance:

• To collate all the regulatory monitoring and reporting packs for Compliance across the various segments for timely submission to relevant governance bodies.
• To monitor regulatory changes and assess their impact on the organisation through quality assurance and regulatory gap analysis to ensure embedment of controls required to comply with new obligations.
• Maintain an up-to-date compliance risk assessments in line with the compliance monitoring methodology.

Regulatory & Strategy:

• Ensure that the bank is provided the regulatory inspections and examinations process as and when they occur.
• Maintain and update the regulatory obligations tracker and conduct spot checks to ensure that the responsible persons submit on time.
• Maintain pro-active awareness of potential high-risk persons or entities through monitoring of open-source information (e.g. press releases).
• Update and delivery of compliance strategy and initiatives.

Qualifications, Skills and Experience:

• The applicant for the Stanbic Bank Officer, Governance & Regulatory Affairs job must hold a First Degree in Legal
• Field of Study: Risk Management / Legal
• 3-4 years’ experience in legal practice, bank processes, products and systems. Experience in dealing with different stakeholders at different levels both internal and external.
• 3-4 years’ experience in the realm of Anti-Fraud, -Bribery, -Market Abuse, Money Laundering and Combatting Financing of Terrorism Surveillance, Analytics and Investigation.

Behavioral Competencies:

• Developing Expertise
• Documenting Facts
• Following Procedures
• Interpreting Data

Technical Competencies:

• Compliance
• Financial Industry Regulatory Framework
• Fraud Detection and Management
• Legal Compliance
• Promote Good Governance, Risk & Control