Internal Control Officer

EcoBank Uganda is seeking an Internal Control Officer.

• Provide Control and Compliance counselling, advisory and decision support to business units and SRFs

• Create and improve a homogeneous Control Culture in the Bank

• Ensure integrity of the GL balance report through daily review and follow-up

• Ensure that open items in branches’ GL accounts reflect the true nature of recorded products

• Ensure prompt rendition of relevant returns and reports

• Institute and enforce aggressive Revenue Assurance and Cost Reduction strategies

• Ensure prompt resolution of issues in Inspection Reports, Management Letter, BoU Exams, etc.

• Ensure timely rendition of Control & Compliance reports to the Head, Internal Control

• Conduct spot checks/visitations to branches at least quarterly

• Render Control Activity Reports within agreed deadlines

• Supervise and train internal controllers

• Represent Internal Control where required

• Support implementation of the Three Lines of Defence model

• Strengthen monitoring routines on sensitive GLs, suspense, dormant and exception accounts

• Review reconciliation processes and follow up on long-outstanding items

• Escalate high-risk findings promptly to relevant stakeholders

• Participate in BRCC and other control forums and drive closure of action items

• Support remediation of issues from Internal Audit, External Audit and BoU examinations

• Maintain process and control documentation (SOPs, control checklists, test scripts, etc.)

• Provide guidance and coaching to junior controllers and branch control staff

• First or Second class degree in Accountancy, Finance, Business, Economics, Banking etc.

• Ideally holds a professional qualification (CIA, CPA, ACCA)

• Minimum 4-6 years’ experience in a financial institution

• At least 2-3 years’ experience in Internal Control, Internal Audit, Risk Management or Compliance

• At least 2-3 years’ hands-on experience in Banking Operations (TSG, Reconciliations, Settlements, Branch Ops, Cash, Payments, etc.)

• Professional qualification preferred (CIA/CPA/ACCA)

• Analytical and Investigation Skills

• Auditing Skills

• Accounting Skills

• Banking Operations/Credit Skills

• Treasury Skills

• Fraud and Operational Risk Knowledge

• Policy and Regulation interpretation

• Oral and Written Communication Skills

• Financial services knowledge

• Strong MS Word, Excel, PowerPoint and Core Banking knowledge

• Conceptual Skills

• Strong analytical, report-writing and presentation skills

• Good appreciation of regulatory expectations and audit standards

• Ability to work under pressure and meet tight deadlines