Yako Bank (U) Limited, a Credit Institution licensed by the Bank of Uganda in 2020, is seeking a Senior Compliance Officer to join its team in Kampala. The successful candidate will be responsible for identifying, assessing, monitoring, and reporting on compliance risks across the bank's current and proposed business activities. This role is crucial in ensuring the bank's adherence to applicable laws, Bank of Uganda regulations, and internal policies. Yako Bank was incorporated in 2010 and started operations as a deposit-taking institution in 2015.
The Senior Compliance Officer will play a key role in supporting the bank's business objectives while ensuring compliance with regulatory requirements. The job entails coordinating and overseeing the activities of the Compliance Officer, Monitoring, and performing other duties as assigned. The ideal candidate should have a thorough understanding of the financial services sector, regulatory framework, and bank policies and procedures. A professional qualification in Governance, Compliance, and Conduct, AML/CFT, Financial Crime Risk, and Regulation, or Fraud Examination is an added advantage.
To qualify for the role, candidates should have a Honours Bachelor's degree in Business, Finance, or a related field from a recognized university. A minimum of 3 years of experience in a similar or related role in Compliance, Financial Crime, Auditing, Fraud, and Investigations, preferably in a busy commercial banking environment, is required. The successful candidate should possess good analytical skills, attention to detail, and interpersonal skills, with the ability to listen, communicate, and train.
The Senior Compliance Officer's key duties include identifying and assessing compliance risks associated with the bank's current and proposed future business activities. They will also develop and implement policies, systems, mechanisms, and procedures to enable staff to report any failed controls or violations of laid-down policies and procedures. Additionally, the role involves monitoring compliance with internal policies, procedures, and guidelines by performing regular and comprehensive compliance risk assessments and testing.
The bank offers an attractive salary and benefits package to the successful candidate. Interested candidates should address their application to the Head, Human Resource, Yako Bank, and email it to the specified email address, along with photocopies of addresses of three referees. The deadline for applications is 12th October 2026. Only shortlisted candidates will be contacted.
Yako Bank is owned by different shareholders and has been licensed by the Bank of Uganda to provide savings and lending products to different clients. The bank's compliance officer will be responsible for centralizing all information on compliance-related issues, educating and training staff on compliance with applicable laws, rules, and standards, and establishing appropriate compliance checks and controls across the bank.
The Senior Compliance Officer will spearhead the implementation of internal controls and ensure that these are adhered to at all times. They will also implement risk/compliance monitoring tools and maps, including activities, triggers, probability, and actions. The role requires a high level of integrity, self-monitoring, and ability to travel, and a team player with a proven track record.
Key points
- Yako Bank seeks a Senior Compliance Officer with a minimum of 3 years of experience in a similar role.
- The successful candidate should possess good analytical skills, attention to detail, and interpersonal skills.
- The deadline for applications is 12th October 2026.
