Vacancy title:
Head of Risk and Compliance

[Type: FULL_TIME, Industry: Consulting, Category: Admin & Office]

Jobs at:
NFT Consult

Deadline of this Job:
Monday, September 1 2025

Duty Station:
Uganda | Kampala | Uganda

Summary
Date Posted: Saturday, August 23 2025, Base Salary: Not Disclosed

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JOB DETAILS:

The Head of Risk and Compliance/MLCO will be responsible for establishing and implementing a robust second line assurance framework for the company and its Board of Directors. This role ensures the effective management of all risk categories (internal or external) including strategic, operational, compliance, financial, technological, and environmental risks. A key focus is ensuring that comprehensive internal controls, policies, and procedures are in place, particularly to support compliance with applicable laws and regulations across the company's operational footprint.

This position leads the company’s risk oversight efforts and is accountable for the implementation of all elements of the risk and compliance function, including the development and deployment of systems, tools, and processes to identify, evaluate, monitor, and report on risk exposures and compliance obligations.

The Job holder shall also act as the company’s Money Laundering Control Officer.

Duties and Responsibilities:

• Ensure the effective implementation of the Group Risk Framework to promote adherence to all relevant laws, regulations, and internal policies and procedures.
• Protect the operating company, its employees, customers, reputation, assets, and stakeholder interests by actively managing risk.    
• Assist in developing and maintaining systems for identifying and evaluating business risks, including control self-assessments.
• Implement risk-awareness initiatives across the organization by delivering ongoing education, briefings, and training.
• Monitor industry trends to identify emerging risks and provide advisory input to senior leadership.
• Set up and operate systems to evaluate the effectiveness of risk and compliance functions and report findings to relevant governance bodies (e.g., Executive Management, Executive Risk Management Committee, Board Risk Committee).
• Escalate significant control issues to higher management when necessary.
• Oversee the reporting process for corporate risk and control assessments and maintain necessary structure support.
• Analyze costs related to non-compliance, risk management, and prevention activities.
• Perform risk evaluations by comparing identified risks against company benchmarks such as legal, financial, and environmental criteria and review how past risks have been managed.
• Ensure transparency in corporate governance through external risk reporting to stakeholders.
• Supervise implementation of disaster recovery, business continuity, access control, and risk management frameworks within the company.
• Create systems for compliance-related training, monitoring, and testing across all legal and regulatory requirements.
• Recommend enhancements to the company’s risk and compliance roadmap, policies, frameworks, methodologies, and tools.
• Establish and chair governance forums for risk and compliance management and take accountability for their operations.
• Formulate forward-looking strategies to ensure future compliance and manage risk concerning major regulations, penalties, and reporting obligations (including those from external regulators).
• Present updates on risk and compliance strategies, current statuses, and challenges to both Senior Management and Group Governance Committees as needed.
• Collaborate with Group Second line functions on risk and compliance to strengthen the company’s overall risk framework.
• Introduce continuous improvement mechanisms to elevate the risk and compliance functions within the operating company.
• Build and lead high-performing, diverse teams to accomplish company’s risk and compliance objectives.
• Shall act as the primary point of contact with regulatory bodies with regard to compliance matters.

Experience, Skills, and Qualifications:

• University degree in Business Studies, Accounting or a relevant related field.
• A master’s degree in business administration or any relevant field will be an added advantage.
• At least 6 years’ experience working in Risk Management/Compliance in Telecom and/or Banking sector.
• Prior Experience in audit, compliance and risk management is required.
• Professional risk certification will be an added advantage.
• Excellent interpersonal skills
• Exceptional analytical and investigative skills
• Ability to communicate well at the senior level and with all levels of employees
• An analytical and enquiring mindset
• Good oral, written and presentation skills
• Proficient in Microsoft Office Suite
• Extensive knowledge of regulatory and legal framework relating to the business
• Ability to maintain strict confidentiality

Work Hours: 8

Experience in Months: 72

Level of Education: bachelor degree

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