Head of Financial Crime Management job posts at dfcu Bank

  • Full Time
  • Anywhere

dfcu Bank

dfcu Bank



DEADLINE: Tuesday, May 2, 2023 at 12:00:00 AM







Key accountabilities:

• Leads on Financial Crime related external and internal investigations and risk identification and anticipation of future trends. Leads of the effective management of investigation turn-around-time (TAT). Work with the business and conduct financial crime risk assessments to identify risks and the development of appropriate mitigation strategies.

• To effectively lead, design and integrate a strong risk management programme into the daily management of financial Crime risk , fraud and Internal investigations to give the Bank a competitive advantage, protect our reputation and reducethe cost of fraud.

• Manage and maintain a cost effective financial crime prevention function supporting and protecting the business against external fraud and money laundering risk , Internal fraud, security and related reputational risk ensuring the needs of all stakeholders are met.

• To establish and implement effective fraud and financial risk management and control systems, including developing and maintaining policies and procedures, recommending internal controls, designed to ensure that all risk needs are met and minimise operational losses that impact negatively on the Bank’s capital.

• Develop written standards, policies, processes, and identify, assess, evaluate and mitigate the compliance risks associated with financial crime and fraud to influence a culture of compliance throughout the organization to proactively manage and mitigate reputational risk non compliance.

• Design and maintain fraud training plans for all Bank staff and management and deliver training to the Senior Management and Business Heads on financial crime, fraud, regulatory matters, policies and procedures, current industry practices, to raise staff awareness of financial crime issues, particularly “Whistle Blowing” and the obligation to report suspicious transactions and also equip all employees with tools to speak up when something does not look right.

• Conduct root cause analysis on control and other failures and prepare and cascade lessons learnt from investigations as applicable and propose control improvements, enhancements, simplifications where necessary.

• Assist in the development of an effective internal compliance culture by promoting the benefits of ethical business conduct and the benefits of compliance.

• Lead the team and set departmental individual goals and targets for the Financial Crimes Management team to achieve outcomes as set out by Management.

• Conduct proactive fraud risk assessment deep dives on controls, process and products and give appropriate recommendations to Establish measures to identify suspicious activities and report to Senior Management.

• Ensure the effective tracking of suspicious transactions by the Financial Crimes Management monitoring team.

• Provide subject matter expertise on financial crime intelligence across the bank.

• Developing/maintaining strong positive working relationships with business unit staff, peers, and other risk partners in the industry. Drawing on financial intelligence and law enforcement networks, professional qualification, and experience as and when required.

• Acts as the interface between the Bank and government security agencies and law enforcement on Financial Crime matters. Share best practice with peers in the industry in order to position the Bank as “thought leaders” on Financial Crime Risk Management.

• Conduct special tasks including high risk/impact fraud investigations as assigned from time to time so as to manage and resolve cases and achieve specified objectives.

• Report to executive management on a regular basis about financial crime matters, identified risks and the measures (to be) taken and escalate to executive management.

Qualifications, Experience And Competencies Required:

• Bachelor’s Degree in Business related discipline or Law.

• Certified Fraud Examiner (CFE).

• ACAMS certification is a plus.

• Good knowledge of banking operations. Ten (10) years working experience with at least 5 Years in a Financial institution or Crime/prosecution.

• Experience in law enforcement and/or bank forensic investigations.

• Ability to synthesize volumes of complex information and distil it into varying degrees of detail to various audiences including senior management.

• Proven self-starter with strong stakeholder management skills.

• Have a good knowledge of international standards, laws and regulations relating to Financial Crime Management, as well as knowledge of Ugandan and regional regulations and legislation on AML/CTF and sanctions.

• Ability to operate effectively in a fast-paced environment.

• Unimpeachable personal authority and integrity.

• Intellectual curiosity with strong analytical and decision-making skills. Must be willing to continually learn and seek new information to keep abreast of the latest fraud trends and developments in the industry.

• Strong organizational, people management and team-building skills.

• Inclusive style and good listening skills are required.

• Discretion, sensitivity, and the ability to courteously but professionally stand your ground when needed.

• Excellent skills with sound working knowledge of MS Office suite particularly Word, Excel, and PowerPoint.

• Exhibit a high level of maturity and confidentiality given the amounts of sensitive information that one operating in this role may come across in their normal course of duty.

• Ability to escalate critical matters to Senior Management when necessary.

• Ability to communicate information and ideas in a clear and concise manner appropriate for the audience. Excellent negotiation and communication skills – written and verbal including presentation skills.

• Ability to effectively interpret Regulatory statutes, rules, and guidelines. Sound understanding of financial regulations, rules, standards, obligations and legislation, and their practical impact on DFCU Bank’s operations.

• Sound understanding of legal issues and good exposure to auditing principles. of Corporate Law, Corporate Governance and Laws /Regulations governing financial Institutions (Local and International).

• Ability to flexible hours when the situation demands.






If you believe you meet the requirements as noted above, please forward your application with a detailed CV including present position and copies of relevant professional/academic certificates (University Transcript, O & A level), by close of business on Tuesday 2nd May 2023 to the email address indicated below.


dfcu Bank is committed to give equal opportunities in employment and aims to ensure that it does not discriminate against gender or race. Only short-listed candidates will be contacted through +256 312 300391.

Disclaimer: dfcu Bank does not solicit/accept payment in cash/kind from prospective candidates in exchange for shortlisting or job placement. Any candidate who engages in this kind of transaction is aiding and abetting fraud and will be automatically disqualified.


Follow This Link To Apply: Vacanciesbank@dfcugroup.com


To apply for this job email your details to Vacanciesbank@dfcugroup.com


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