2 New Various Jobs at United Bank for Africa (UBA) Tanzania April 2024

COMPLIANCE OFFICER
Compliance Officer at UBA Bank April 2024
Position COMPLIANCE OFFICER
Location: Head Office

DUTIES & RESPONSIBILITIES

• Advise Head of Compliance on the applicable laws, regulation, rules and standards and of any developments in these areas;
• Adapt the Group’s written guidelines to staff and service providers
• on the appropriate implementation of the laws, regulation, rules and standards
• through policies and procedures (Compliance manual, code of conduct)
• Centralize
  all information on compliance-related issues (e.g. breach of
  regulation, non-respect of procedures, conflict of interest) within the
  subsidiary;
• Educate staff of the bank with respect to
  compliance with the applicable laws, rules and standards and act as
  advisor on compliance queries from staff members;
• Liaise with relevant external bodies and regulators within the country on compliance matters;
• Exercise
  any specific legal responsibilities (as it relates to the country) such
  as reporting suspicious transactions related to money laundering and
  the fight against terrorism financing;
• Supervise appropriate compliance checks and controls within the subsidiary;

JOB OBJECTIVES

• Identify and evaluate the compliance risks within the country Organise, coordinate and structure compliance-related controls.
• Control
  and monitor all measures taken to mitigate the compliance risks.
  Develop a framework to constantly update the subsidiary on its
  compliance level with regulatory laws in the country.
• Quality training and sensitization of all staff of the bank on the relevant compliance issues.
• Liaise with Local AML enforcement agencies on AML and financial crime matters.
• Build a strong KYC environment and ensure zero level money laundering infraction
• Identify
  and assess the compliance risks associated with the current and
  proposed future business activities, including new products and new
  business relationships the bank might undertake;
• Identify and
  keep an inventory (available to all staff of the subsidiary) of
  essential laws and regulation pertinent to the bank

DUTIES & RESPONSIBILITIES

• Co-ordinate AML/KYC routine examination by the relevant regulators in the country as appropriate;
• Assess
  the appropriateness of internal policies, procedures and guidelines (as
  it relates to Corporate Governance, Code of Ethics and professional
  conduct), ensure a follow-up of any identified deficiencies, make
  recommendations for amendments, where necessary, and supervise the
  implementation of corrective measures to mitigate the identified
  deficiencies with particular reference to what is obtainable in the
  country;
• Transaction monitoring and customer profiling of the
  different customers of the branch. This will include Customer Risk
  Assessment and profiling of customers into High, medium and low risk
  accounts.
• Monitor the subsidiary’s compliance level with the
  Group’s Code of Ethics and professional conduct; Whistle Blowing Policy
  & Code of Corporate Governance taking into consideration what is
  obtainable in the country of domiciliation; and prepare monthly
  compliance status report for the Head of Compliance.

KEY COMPETENCIES REQUIREMENTS
Knowledge:

• In depth knowledge of major statutory requirement affecting Tanzania’s banking sector
• BOT Prudential guidelines
• Country’s rules and regulations
• Excellent knowledge of internal policies and procedures

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Skill/Competencies:

• Banking industry developments
• Basel II standards
• AML & KYC trends Good communication and writing skills
• Good IT skills

LEGAL OFFICER
Legal Officer at UBA Bank April, 2024
Position LEGAL OFFICER
Location: Head Office

JOB OBJECTIVES

• To provide timely, well researched and efficient legal services and support for the Bank.
• Provide legal support and advice on all transaction negotiations
• Advice on all legal issues that emanate from existing agreements and new legal documentations.
• Rendering legal opinion on financial and legal issues that might arise about banks products
• Preparation and generation of periodic legal reports for Legal Division
• Attend meetings to offer legal guidance and advice as requested for by business areas
• Rendering of legal advice on different issues as it affects the bank, its customers and available products
• Conduct
  review and advice on the Bank’s policies from time to time to ensure
  compliance with legal and the Financial Regulatory requirements
  Supervise the safe custody of all collateral documents for facilities
  granted by the Bank
• Develop, recommend, evaluate and initiate corporate policy and strategy for tenders and contracts products and services.
• Endeavour to all assignments as assigned by the Head of Legal and Company Secretary

KEY PERFORMANCE INDICATORS

• Error rate / non-compliance to Financial laws
• Turnaround time for rendering legal advice or opinion when solicited
• Timeliness in the preparation of sundry agreements (facility agreements,
• Loan agreements etc) including contract drafting and review
• Effectiveness at execution of assigned tasks
• Efficiency at executing scheduled and adhoc assignments

JOB REQUIREMENTS

• Education:
  Bachelor of Law – LL. B (Hons), Must be a registered lawyer under the
  legal association/Member of the Tanganyika Law Society.
• Experience: A minimum of 3 years legal experience with at least 2 years as a legal officer in banking.

How to Apply:
Qualified candidates MUST send their CV & Cover Letter attached with all academic certificates.
All applications MUST be sent electronically through: Email: recruitment.tanzania@ubagroup.com
Email subject should be job title you are applied for: Example; Application for COMPLIANCE OFFICER 2024
Go to our Homepage To Get Relevant Information.
The deadline for submitting the application is 14th April 2024.