Head, Financial Crime Compliance

To lead and manage the Financial Crime Compliance (FCC) for Stanbic Bank Uganda and support Business Units and Corporate Functions with the implementation of Financial Crime Compliance Policies, Standards and Procedures.

Responsibilities

Provide specialist Financial Crime Compliance guidance and advice covering Anti-Money Laundering (AML), Counter Terrorist Financing (CTF), Financial Sanctions, Customer Due Diligence (CDD), Enhanced Due Diligence (EDD), Anti-Bribery and Corruption (ABC), Politically Exposed Persons (PEPs), Correspondent Banking and related financial crime risk disciplines; Ensure the Bank maintains an effective financial crime risk management framework and conducts business in compliance with applicable laws, regulations, Group Standards and regulatory expectations in Uganda to avoid operational losses, regulatory sanctions, financial penalties and reputational damage; Oversee suspicious transaction monitoring, internal escalation processes and regulatory reporting obligations; Build, develop and maintain relationships with key internal and external stakeholders relevant to Financial Crime Compliance, including regulators, law enforcement agencies and industry bodies; Conduct impact assessments of regulatory, legislative and policy developments and determine actions required to ensure compliance and effective risk mitigation; Develop and implement the country Financial Crime Compliance strategy and annual execution plans aligned to the Bank's strategic objectives and Group Financial Crime Compliance Framework; Maintain effective engagement with the Bank of Uganda, Financial Intelligence Authority and other relevant regulatory authorities; Lead and manage the Financial Crime Compliance team in accordance with the Bank's people management and leadership principles

Requirements

Bachelor’s degree in Law, Risk Management, Banking, Finance, Commerce, Accounting, or a related discipline; 5-7 years of experience in Financial Crime Compliance, Compliance, Risk Management, or Internal Audit within the banking or financial services industry; 4-6 years of demonstrated expertise in Anti-Money Laundering (AML), Counter Financing of Terrorism (CFT), Sanctions Compliance, Customer Due Diligence (CDD), Regulatory Compliance, and Financial Crime Risk Management; 3-5 years of proven leadership experience managing and developing specialist compliance teams, with responsibility for driving performance and ensuring effective risk and compliance oversight; Financial Crime Compliance; Financial Industry Regulatory Framework; Legal Compliance; Promote Good Governance, Risk & Control; Risk Management; Strategic Planning and Reporting

Nice to have

Postgraduate qualification in Risk Management, Compliance, Law, Finance, Business Administration, or a related field; Relevant professional certifications in Financial Crime Compliance, including Certified Anti-Money Laundering Specialist (CAMS), International Compliance Association (ICA) Diploma, or equivalent financial crime qualification