Job Description
Position: Legal Compliance Counsel
Company: Stanbic Bank Uganda
Location: Mbarara, Uganda
Experience: 5-7 years
Education: Bachelor of Laws (LLB) and Post Graduate Diploma in Legal Practice
Employment Type: Full-time
Industry: Legal Services & Corporate Governance
Department: Legal and Compliance
Salary: 8,500,000 SSP – 12,000,000 SSP
Vacancies: 1
Company Overview
Stanbic Bank Uganda is a leading financial institution in the region, providing a wide array of banking and financial solutions to a diverse client base. As part of the Standard Bank Group, we are committed to driving growth and prosperity in the markets we serve. We pride ourselves on our integrity, customer-centricity, and our role in fostering economic development across East Africa. Our mission is to provide innovative financial solutions that empower our clients to achieve their goals, whether they are individuals, small businesses, or large corporations. We are constantly seeking top-tier talent to join our growing team and contribute to our mission of being the leading financial services provider in the region.
Job Overview
We are looking for a highly skilled and detail-oriented Legal Compliance Counsel to join our regional team in Mbarara. This role is critical in ensuring that all banking operations, products, and client interactions adhere to the regulatory frameworks established by the Bank of Uganda and other relevant statutory bodies. The successful candidate will provide expert legal advice, manage litigation risks, and oversee the implementation of compliance protocols to mitigate legal exposure. This is a high-impact role that offers significant career opportunities in Uganda for a legal professional looking to excel in the financial services sector. You will work closely with senior management to ensure that the bank’s strategic objectives are met within the bounds of legal and regulatory requirements. For more information on current openings, visit https://ugandajobssearch.com.
Key Responsibilities
- Provide comprehensive legal advice to various business units regarding regulatory compliance and contractual obligations.
- Draft, review, and negotiate complex commercial contracts, including loan agreements, facility letters, and service level agreements.
- Monitor changes in local and international banking laws to ensure proactive compliance updates.
- Manage and oversee external legal counsel in litigation and arbitration matters.
- Conduct internal audits of legal processes to identify potential areas of risk and implement corrective actions.
- Assist in the development and implementation of anti-money laundering (AML) and know-your-customer (KYC) policies.
Required Skills
- Advanced legal research and drafting capabilities.
- In-depth knowledge of Ugandan banking laws and financial regulations.
- Strong analytical and problem-solving skills.
- Exceptional communication and negotiation skills.
- High level of professional integrity and ethical standards.
Education
A Bachelor of Laws (LLB) degree from a recognized university is mandatory. Additionally, candidates must possess a Post Graduate Diploma in Legal Practice from the Law Development Centre (LDC). Professional membership with the Uganda Law Society is highly preferred.
Experience
Candidates must have a minimum of 5 to 7 years of post-qualification experience, preferably within the banking or financial services sector. Proven experience in handling corporate litigation and regulatory compliance is essential for this position.
Salary
The monthly gross salary for this position ranges from 8,500,000 SSP to 12,000,000 SSP, depending on the candidate’s experience and qualifications. This is a competitive package designed to attract the best legal talent in the country.
Benefits
- Comprehensive medical insurance coverage for the employee and immediate family.
- Performance-based annual bonuses.
- Generous pension scheme and retirement benefits.
- Paid annual leave and sick leave.
- Professional development and continuous legal training opportunities.
Explore more career paths at https://kenyajabsearch.com/.
Training
- Ongoing professional development workshops on emerging financial regulations.
- Leadership and management training for senior legal staff.
- Specialized training in anti-money laundering and financial crime prevention.
Working Environment
The working environment at Stanbic Bank is professional, collaborative, and fast-paced. We foster a culture of excellence and continuous learning, providing our employees with the tools and support they need to succeed. While the role is based in Mbarara, you will be part of a larger national network of professionals, allowing for cross-functional collaboration and knowledge sharing.
Application Process
Interested candidates should submit their updated CV and a cover letter detailing their suitability for the role through our official recruitment portal. Please ensure all documents are in PDF format. We encourage all qualified individuals to apply for this job vacancy in Uganda. For more regional opportunities, please visit https://malawijobsearch.com/job-vacancy-in-malawi/.
Equal Opportunity Statement
Stanbic Bank Uganda is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, or disability.