I have 11 years’ experience in banking centered around branch operations, operational risk, internal controls and compliance risk management with 2 banks i.e. Guaranty Trust Bank (U) Ltd and Stanbic bank (U) Ltd where I have been for the last 6 years.
In my current role as a Senior Compliance Manager, I am tasked to support and assist the Board and Senior Management to discharge their accountability for compliance risk management and compliance with applicable statutory, regulatory and supervisory requirements. Previously, as a Regional Operations Manager (Metro Region), I oversaw 16 Branches and my primary responsibilities involved managing the compliance, operational and reputational risks in those branches. I would spend most my time working with the Branch leaders on activities intended to minimize operational losses and improving procedural and regulatory compliance.
In my time with Stanbic I have consistently delivered on all my set deliverables and fully met all expectations in my reviews. As a branch control manager, in 2015, my branch was recognized as the best performing branch (William Street) for attaining the highest volume and value of liabilities sales with no errors. We also had the lowest operational losses, fastest turnaround time on customer inquiries and the least number of customer complaints for the period. As a Regional Operations Manager, my branches consistently passed all audits (both internal and external) and satisfactorily maintained a sound risk and control environment evidenced by none of my branches rated red by our routine monitoring teams as well as all my branches reviewed by internal audit.
I am also a member of several governance forums that are intended to support the business in enhancing internal financial controls as well as improving regulatory compliance. My presence on these committee’s avails me the opportunity to interact with different leaders of the Bank at the executive level and exposes me to how risks in other parts of the bank are mitigated. This has further aided me in enhancing my stakeholder engagement skills as well as builds my competencies.
Skills
Education
- University Of South Wales2017 to Date : MBA
Grade / GPA :
Qualification : Masters Degree - Makerere University2005 - 2008 : Economics
Grade / GPA :
Qualification : Bachelor's Degree
Experience
- Stanbic Bank UgandaJanuary 2020 : Senior Compliance Manager
Yearly Salary :
Job Duties :-To support and assist the Board and Senior Management to discharge their accountability for compliance risk management and compliance with applicable statutory, regulatory and supervisory requirements. - To support the Head of Compliance, the Head of Africa Compliance, the Group Chief Compliance Officer and the embedded business risk management function to discharge their responsibilities relating to the compliance risk management process as required by relevant regulatory requirements, applicable codes of conduct and minimum standards. - Assist Business Unit (BU) Heads and the embedded business risk management function by providing advisory services to guide BU Heads in discharging their responsibility to comply with applicable statutory, regulatory and supervisory requirements. - To ensure that independent assurance is provided to the Head of Compliance, Board & Regulators that the bank is conducting its business in accordance with relevant laws/regulations, applicable codes of conduct & best business practice. - Analyze and identify compliance risks, processes & controls and provide advice to management, relevant committees, within the BU(s) and the embedded business risk management function and employees. - Attend and participate in the Bank’s relevant committees, meetings, business processes and initiatives to ensure that any compliance requirements are appropriately considered. - Stanbic Bank UgandaSeptember 2016 to December 2019 : Regional Operations Manager
Yearly Salary :
Job Duties :- Prepare and manage Regional budgets and manage all operating costs and expenditure as per authorized budget. - Take steps to address control deficiencies identified by Audit, Risk and Central Bank within agreed timelines. - Identify changes in the pattern of losses, analyze trends affecting the region and take the necessary steps to prevent a recurrence. - Carry out surprise checks on cash assets and blank forms on a quarterly basis and where control break downs are evident. - Set branch and ATM cash limits and address any deviations. - Monitor Branch Continuity Management plans and close identified gaps - Provide monthly and quarterly reports to the Regional Manager and other stakeholders on Branch operations activities within the region. - Review suspense accounts for accuracy for the region and follows up on long outstanding items (over 30 days). - Compile regional capital expenditure needs and submit them to the Budgeting committee. - Address risk areas in the Branch Risk Control Self Assessment (RCSA) that are beyond the Branch's control and resolves identified gaps. - Carry out preliminary investigations of fraud/losses within the region as per laid down procedures. - Investigate and resolve cash differences in the ATM and Vault in accordance with laid down procedures. - Carry out mini audits in the branches on a quarterly basis or as need arises - Recommend process improvement areas including deletion of obsolete policies and procedures to the Manager Procedures. - Resolve premises, equipment, furnishing and connectivity issues with Premises Unit, IT Department and service providers as appropriate. - Manage Service Level Agreements for service providers (including but not limited to: maintenance of premises, generators, systems; servicing of air conditioners, all equipment; minor branch repair works; and tenancy agreements) for the region. - Manage daily operations within the region which consists of 16 branches.
URL(s)
- LinkedIn Profilehttps://www.linkedin.com/in/simon-peter-kiwanuka-448b9b75/