Risk & Compliance officer
About the position
About the position
To initiate, implement and liaison with the respective functional heads, manage the risk and compliance initiatives for GA Uganda.
Responsibilities
- Â Develops and monitors risk registers for all departments and also performs risk assessments for new products and vendors.
- Â Prepares risk register reports and analysis for review by the manager.
- Â Monitor, and as necessary, coordinate risk and compliance activities through respective departments to ensure GA remains abreast of the status of all insurance-related risks & compliance activities.
- Â Follow up on any identified deficiencies and make recommendations for amendment.
- Â Implement the risks and compliance policies and procedures in place.
- Â Provide reports on a monthly and quarterly basis, and as directed or requested.
- Â Provide relevant information required by external bodies and regulators on compliance matters such as reporting suspicious transactions related to money laundering and the fight against terrorism financing.
- Â Monitor the performance of the compliance program and related activities on a continuous basis, taking appropriate steps to improve its effectiveness.
- Â Implementing an effective risk training program will be developed.
- Â Keep abreast with the applicable laws, regulations, rules, and standards in the risk & compliance fraternity and advice on the emerging developments of the same
- Â Team participation both within the department and other departments.
Qualifications
- Â Bachelor’s Degree in Business is a requirement
- Â CPA II is an added advantage
Experience
- Â 2-3 years experience
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If you meet the above minimum requirements, send your c.v to careers@gauganda.com indicate the position applied for on the email subject line to be received on or before 31st March 2022. Only shortlisted candidates will be contacted.