Manager Compliance/ Money Laundering Control Officer Job
Work Hours: Full-time, 08 hours per day
Salary:
Attractive
Job Deadline: 01 April 2026
Number of Jobs: 01
Hiring Entity: Yako Bank Uganda
 |
| Yako Bank Uganda |
Location: In Uganda
Job Details:
Yako Bank (U) Limited was incorporated in the Republic of Uganda in 2010 and licensed as a
Credit Institution by Bank of Uganda in 2020. In September 2015, Yako got its license to
operate as a deposit taking institution and started operations under the name Yako Microfinance
(U) Limited. It upgraded to a Credit Institution in 2020 and was licensed to operate as Yako
Bank (U) Limited. Yako Bank is owned by different shareholders and has been licensed by
Bank of Uganda to provide savings and lending products to different clients.
In order to meet the needs of its growing customer base, the Bank is seeking to recruit dynamic,
self-motivated, result oriented professionals to fill the following position;
Manager Compliance/ Money Laundering Control Officer
This position reports directly to the to the Managing Director and it will be based at the Head
Office
Role of the Job:
The Manager Compliance / Money Laundering Control Officer ensures the Bank’s
compliance with regulatory requirements and anti-money laundering laws while
safeguarding against legal, financial, and reputational risks, and serves as the designated
officer reporting suspicious transactions to the Financial Intelligence Authority.
Key Result Areas:
• Oversee the Bank’s overall compliance framework to ensure adherence to regulatory
requirements, internal policies, and industry standards.
• Monitor compliance with directives from the Bank of Uganda, Financial
Intelligence Authority (FIA), URA, NSSF, and other regulatory bodies.
• Lead the Bank’s Anti-Money Laundering and Combating the Financing of
Terrorism (AML/CFT) program and ensure compliance with KYC requirements.
• Conduct compliance risk assessments, monitoring, and testing across all branches
and departments.
• Develop and review compliance policies, procedures, and guidelines, ensuring
alignment with regulatory requirements and best practices.
• Prepare and submit periodic compliance reports to Senior Management, the Board,
and relevant regulators.
• Coordinate regulatory examinations and follow up on audit and regulatory findings.
• Promote a culture of compliance through staff training, advisory support, and
awareness programs.
• Manage the whistleblowing framework and support investigations related to
compliance concerns.
• Liaise with regulators and represent the Bank in compliance and regulatory
engagements.
Required Competencies:
• Strong knowledge of Bank of Uganda regulations and financial sector compliance
frameworks.
• Sound understanding of AML/CFT regulations and KYC requirements.
• Excellent analytical, problem-solving, and decision-making skills.
• Strong communication, leadership, and stakeholder management abilities.
• High level of integrity, professionalism, and attention to detail.
• Ability to work under pressure and manage multiple priorities.
• Proficiency in Microsoft Office and compliance monitoring tools.
Qualifications and Experience:
• Bachelor’s Degree in Law, Finance, Banking, Business Administration,
Economics, Accounting or a related field from a recognized university.
• A professional qualification in Compliance, Risk Management, Audit, or Law
will be an added advantage.
• A Postgraduate qualification in a relevant field is desirable.
• Minimum 7 years’ experience in banking or financial services, with at least 5 years
in a senior/supervisory compliance role.
• Demonstrated experience in AML/CFT compliance and regulatory engagement.
Remuneration:
The Bank offers a highly competitive and attractive compensation package designed to
reward performance and support employee growth.
Application procedure
Suitably qualified candidates should address their application to Human Resource &
Administration Manager, Yako Bank, Forest Mall Lugogo, Kampala, Uganda, and email
it to hr@yakobank.com as well as photocopies of academic qualifications, and a CV in one
document. The CV should include telephone contacts and email addresses of three referees,
one of who should be the most recent employer.
Closing date for submission of the applications is April 1st, 2026. Only shortlisted candidates
will be contacted.
CLICK HERE FOR DETAILED JOB ADVERT
Posting Date: 2026-03-13
