Risk and Compliance Manager – Kampala – Bayport Financial Services Uganda Ltd

About Us:
Bayport Financial Services Uganda Ltd is part of Bayport Finance Group headquartered in Johannesburg South Africa with operations in over ten Countries across Africa and South America. We are a leading non-deposit taking credit institution provider with presence in over 30 locations across Uganda. Bayport specializes in providing cash loans to salaried government employees.

Job Summary: The Risk and Compliance Manager – will be responsible for the compliance and governance health of the Bayport Uganda Business with specific reference to Operational, Credit, Strategic, Relevant Regulatory and Market and Risks. The incumbent will initiate, coordinate and report on all risk assessments and be a close partner to the Country Forensics and Internal Audit Functions. The incumbent will be the “go to resource” on all Group Risk and Compliance Matters, internal control matters, Risk and compliance reporting, reviews, risk acceptability and accommodation vetting and internal management first and line of defense on implementation and compliance with country policies. The jobholder will also be a member of the Management Risk and Compliance Committee and an invitee on the Board Audit and Risk Committee

Key Duties and Responsibilities:
Risk and Control:
Compile Risk Management Plans for all core and high risk compliance requirements
Enhance and promote a compliance culture through awareness activities
Expeditiously follow up and close on any compliance / Audit related findings or action items
Advise business on any changes in set standards/ local requirements (throughout the year)
Identify business impact for new regulatory requirements and escalate upwards as necessary
Proactively identify control deficiencies both within the organization and external sources and take necessary steps to address them.
Identify changes in the pattern of losses, analyze trends affecting the segment and take the necessary steps to prevent a recurrence.
Keenly monitor Continuity Management plans and close identified gaps
Prepare and submit monthly and quarterly reports to CEO and other stakeholders on company activities within the country
Recommend process improvement areas including deletion of obsolete policies and procedures to the CEO.
Identify and assess the compliance risk associated with the organization’s current and proposed future business activities, including new products, new business-relationships and any extension of operations or network;
Establish written guidelines to staff and service providers on the appropriate implementation of reaching it as far as is the laws, regulations, rules and standards through policies and procedures (compliance manual, code of conduct);
Keenly monitor compliance with internal policies, procedures and guidelines by performing regular and comprehensive compliance risk assessment and testing; report the results on a regular basis and promptly as necessary to management and, where necessary, the Board of Directors;
Establish and / or supervise appropriate compliance checks and controls.
Develop and maintain an effective support mechanism to enable closure of all compliance related exceptions raised within the Organization
Report non-compliance to the requisite departments
Provide effective and accurate Feedback, Reporting & Escalation
People Management:
Support the training and coaching of staff on the product offering, work flow, procedures and processes of the segment
Identify knowledge/skills gaps and work with the Virtual Branch Manager and HC Business Partners to recommend appropriate interventions.
Manage the handover process in accordance with laid down procedure
Manage the on-boarding and probation process for new and existing employees
Make talent recommendations to the Regional Manager and the HRBP
Take part in the unit’s recruitment processes whenever applicable
A member of the unit disciplinary management committee.

Qualifications, Skills and Experience:
The ideal candidate for the Bayport Financial Services Bayport Financial Services Uganda Risk and Compliance Manager job placement should hold a Bachelor’s degree in a business related field from a recognized university.
Possession of Certificate in Fraud Examination is an added advantage
At least five years’ experience in the Risk and Compliance Department at a senior level, preferably at a Functional Head level in a regulated Banking or Financial industry
Certified Risk and Compliance training will be an added advantage,
Practical and demonstrable knowledge and experience with the current industry regulatory, statutory and governance universe in Uganda,
The applicant must be a mature and sober resource with proven and an impeccable level of professional integrity and work ethics, able to work with minimum supervision.

How to Apply:
All suitably qualified and interested candidates should send their applications to: hrcom@bayport.co.ug or you can hand deliver it or post your application to;

The Human Resource Supervisor
Bayport Financial Services (Uganda) Limited
Plot 54, Lugogo Office Park, Lugogo Bypass,
P.O. Box 1171, Kampala, Uganda

Deadline: 7th July 2017

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