Team Member – Internal Control

Job Objectives

Ensure compliance of daily business office operations to the Bank’s policies, external regulatory compliance

Duties & Responsibilities

• Ensure strict adherence to statutory policies, procedures and regulatory compliance on work processes and daily operations
• Assist business offices on compliance and regulatory issues and provide counseling whenever it is required
• Improve control and compliance awareness culture in the business offices
• Ensure the KYC compliant environment is maintained
• Ensure integrity of the Business Office transactions in the country
• Monitor and ensure that open items in the GL accounts are current and reflect the true nature of the products recorded therein.
• Ensure prompt and qualitative rendition of relevant returns and reports as may be required
• Ensure all escalated internal control exceptions open in the business office are properly closed
• Ensure prompt and qualitative rendition of relevant Control and compliance reports

Key Performance Indicators

• Zero tolerance to Fraud Loss
• Number of undetected regulatory/statutory infractions from Internal Control reports
• Quality and Timeliness of losses and loss events reporting in processing areas
• Level of undetected Income leakage
• Integrity of the GL accounts in the Business offices of the region.
• Promptness in generating Internal Control report

Minimum Education Qualifications

Bachelor’s Degree

Previous Work Experience Requirement

Minimum 3 year experience in Banking Operations, Audit, internal control & compliance

Key Competency List

Knowledge Skill/Competencies

• Banking Operations
• Auditing and Internal Control
• Regulatory Laws
• Fraud and Operational risk
• Problem solving skills
• Attention to details
• Good communication skills
• Good team Player
• Analytical

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: TEAM MEMBER, INTERNAL CONTROL : 02 FEB, 2025

Deadline: 2nd February 2025

Kindly note that, only shortlisted candidates will be contacted!