Governmental
Microfinance Officer ( Compliance)
Description
Applicants should be Ugandans holding an Honours Bachelor’s Degree in Finance; or Economics; or Business Administration (Finance or Accounting option); or Accounting; or Banking; or Actuarial Science; or Business Statistics; or Microfinance and Entrepreneurship; or Statistics; or Commerce (Finance or Accounting option) from a recognized University/ Institution.
- Reviewing compliance reports submitted by licensed entities and recommending enforcement actions;
- Carrying out onsite and offsite supervision on the Tier 4 MFIs and Money Lenders;
- Analyzing proposals for new products, and confirming compliance with the legal framework and consumer protection;
- Conducting compliance assessments on all licensees, and advise on supervisory action;
- Assessing licensees’ market conduct and practices, professional conduct of business and make appropriate regulatory recommendations;
- Monitoring market conduct developments and industry trends and advise on regulatory interventions to improve licensee’s operations;
- Reviewing license applications and making appropriate recommendations;
- Investigating and resolving compliance issues in Tier 4 MFIs and Money Lenders;
- Any other duties as may be assigned from time to time.
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