AML Compliance Officer Job –  I&M Bank Uganda

Job Title: AML Compliance Officer (Fresher Job Opportunities)

Organisation: I&M Bank Uganda

Duty Station:  Kampala, Uganda

Reports to: Compliance Manager

 

About US:

I&M Bank is a leading banking and insurance group in Eastern Africa with a presence in Kenya, Mauritius, Rwanda, Tanzania and Uganda. I&M Bank Uganda is a commercial bank headquartered at Kampala Road plot 6/6A with a growing regional presence.  The Bank offers a wide range of commercial banking and financial products and services, and prides itself on introducing innovative products and services based on the needs of its customers.

Job Summary:  To work with the Compliance Manager of the bank to monitor and review compliance programmes for all divisions; in accordance with the BOU guidelines, the Bank’s policies, relevant laws and Banks Business Plan.

 

Key Duties and Responsibilities:

  • Review and closure of all alerts received through the AML monitoring system.
  • Identify and report all suspicious transactions to the MLCO for onward submission to FIA.
  • Continually review and update all screening lists held by the Bank i.e., PEP list, blacklist.
  • Handle Internal queries raised by branches and external queries raised by customers, regulators and correspondent banks on AML matters.
  • Handle and resolve Customer Due Diligence on transactions, e.g. first time TTs, large cash transactions and identified suspicious transactions.
  • Conduct annual KYC review of High risk customers, review their transactions continually to validate authenticity.
  • Conduct annual KYC renewal for all counterparties and correspondent banks.
  • Conduct risk assessments for any new products.
  • Ensure compliance to regulatory requirements through continuous monitoring.
  • Review transactions processed from money transfer services and prepare respective reports.
  • Conduct regular trainings for all staff on AML & Financial Crime, KYC, etc.
  • Conduct enhanced due diligence on high risk accounts.
  • Review and update AML Policies and related manuals, procedures, guidelines.

 

Qualifications, Skills and Experience:

  • At least two Bachelor’s Degree in Commerce, Statistics, Law, Economics or related field.
  • A professional qualification (ACCA, CFA, ACIB, CPA, etc.) is an added advantage.
  • At least one year banking experience.
  • Highly conversant with the regulatory framework and the Bank’s operating environment.
  • Knowledge of KYC and Anti-money laundering guidelines.
  • Able to personally deal with complex compliance issues.
  • knowledgeable of Ugandan legislation affecting different Banking processes.
  • Ability to analyze the impact of a new legislation/regulation on operations of the Bank and can translate these regulations/legislations into policies for the organization.
  • Is abreast with trends and issues in the international scene on compliance matters at large and in the banking and finance industry especially.

 

How to Apply:

All suitably qualified and interested applicants should apply online at the link below.

 

Click Here

 

Deadline: 29th June 2022

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