Jobs in Kampala Uganda Deposit Protection Fund Of Uganda (DPF) Jobs in Kampala Manager/Assistant Manager Of Busin Jobs in Kampala at Deposit Protection Fund Of Uganda (DPF) Manager/Assistant Manager Of Busin Employment opportunities Deposit Protection Fund Of Uganda (DPF)
Job Title ⇒ Manager/Assistant Manager of Business Operations
]https//www.theugandanjobline.com/
Organisation ⇒ Deposit Protection Fund of Uganda DPF
Duty Station ⇒ Kampala, Uganda
Reports to ⇒ Head Finance and Business Operations
About US ⇒
The Deposit Protection Fund of Uganda DPF, which is also referred to as the
Fund, was established as a separate legal entity following the enactment of
the Financial Institutions Amended Act, 2016. Prior to this, DPF was managed
by Bank of Uganda.
Job Summary ⇒ The Manager/Assistant Manager of Business Operations mainly
oversees and guides the business operations of the Fund in the areas of
depositor claims, payouts liquidations and recoveries.
Key Duties and Responsibilities ⇒
Key responsibilities
⇗ Computation of Insurance premiums and submission of invoices to banks;
⇗ International standards relating to deposit insurance;
⇗ Preparation of reports of Contributing Institutions;
⇗ Participate in on-site inspections;
⇗ Develop professionally written policy and procedure proposals that clearly
articulate the Fund’s value proposition.
Duties
⇗ Prepares and implements the regulations, interprets the application of the
regulations and other documents concerning deposit insurance;
⇗ Manages records of assets collected based on premiums, as well as of assets
raised from other legally prescribed sources;
⇗ Proposes and implements the decisions setting the level, mode and deadlines
for calculation and payment of the initial, regular and extraordinary
insurance premium for deposits;
⇗ Monitors data that banks are obligated to submit to Fund in accordance with
applicable regulations data about the balance of deposits, placements,
lending and negative interest rates, etc.;
⇗ Advises contributing institutions of the annual and Risk-Adjusted Premiums;
⇗ Calculates insurance premiums, submits invoices to banks and collects
premiums from banks;
⇗ Calculates, prepares and submits the interest rates lists and collects
default interest on insurance premiums which are untimely paid;
⇗ Implements the procedure for selection of a payout bank in the case of a
bank’s bankruptcy or liquidation;
⇗ Periodically tests software solutions concerning the data transfer about
the insured deposits for both the bank in bankruptcy or liquidation;
⇗ Implements the prescribed activities in case of occurrence of an insured
event bank’s bankruptcy and of a bank liquidation;
⇗ Compiles the assets necessary for the payment of deposits, monitors and
reconciles the data about the paid deposits;
⇗ Prepares for settlement of obligations under international projects
relating to deposit insurance;
⇗ Participates in activities of bankruptcy liquidation of banks and
contributing institutions in accordance with legal regulations;
⇗ Follows up and proposes implementation of international standards relating
to deposit insurance;
⇗ Prepares quarterly reports on budget and work plan performance of
Contributing Institutions;
⇗ Prepares relevant documents for all payments requests and ensure creditor
terms are appropriately followed;
⇗ Ensures efficient depositor payout of protected deposits;
⇗ Prepares depositor claims & resolution in case of Bank failure;
⇗ Participates in the development and review of depositor payout manual;
⇗ Ensures proper depositor records are kept in all contributing institutions
to facilitate depositor payout process if a need arises;
⇗ Provides support on the implementation of Depositor Unique Identifier;
⇗ Participates in the conduct of site examinations of Contributing
Institutions;
⇗ Prepares Onsite and offsite reports on the performance of Contributing
Institutions from Bank of Uganda;
⇗ Periodically tests the collective software solution to support depositor
payout.
Expected outputs
⇗ Computation of premiums and interest;
⇗ Efficient and effective Depositor payouts and liquidation procedures;
⇗ Presentations to the Executive Management and/or the Board of Directors;
⇗ Proper and accurate depositor and Contributing Institution records;
⇗ Quarterly reports on Budget and workplan.
Qualifications, Skills and Experience ⇒
⇗ The applicant must hold a First Class or Upper Second Class degree in
accounting, finance, economics or equivalent is essential;
⇗ Professional certification in accounting such as ACCA, CPA is essential;
⇗ MBA or MSc degree in finance or accounting is desirable;
⇗ 5+ years of experience in financial reporting, planning and analysis is
desirable.
Competencies
Technical Competencies
⇗ Budgeting, forecasting and accounting skills;
⇗ Financial reporting, analysis and proficiency using financial systems;
⇗ Planning, organization and research skills;
⇗ Use of financial and business processes software packages.
Behavioural Competencies
⇗ Accountability and Dependability Takes personal responsibility for the
quality and timeliness of work and achieves results with little oversight;
⇗ Transparency and Integrity Earns others’ trust and respect through
consistent honesty and professionalism in all interactions;
⇗ Team spirit and collaboration Promotes cooperation and commitment within
the team to achieve the Fund’s organizational goals and deliverables; Builds
constructive working relationships characterized by a high level of
acceptance, cooperation, and mutual respect
⇗ Adaptability and Flexibility Adapts to changing needs, conditions, and
work responsibilities;
⇗ Self-Management and thoroughness effectively manage own time, priorities,
and resources to achieve goals; Ensures that work is complete and accurate and
independently follows up with others to ensure that agreements and commitments
have been fulfilled;
⇗ Communication Shares and receives information using clear oral, written
and interpersonal communication skills;
⇗ Stress Tolerance/tact Maintains composure in highly stressful or adverse
situations, diplomatically handles challenging or tense interpersonal
situations;
⇗ Employee Engagement and enthusiasm Demonstrates commitment to the job,
colleagues, the Fund and its mission by acting in ways that further the
accomplishment of its goals;
⇗ People Management Leads and engages people to maximize organizational and
individual performance through alignment with the Fund’s mission and
attainment of strategic and operational goals;
⇗ Coaching and Mentoring Enables co-workers to grow and succeed through
feedback, instruction, and encouragement. Influences others to be excited and
committed to furthering the Fund’s objectives; ability to gain other’s support
for ideas, proposals, and solutions.
How to Apply ⇒
All qualified candidates should apply online at the link below.
Click Here ]https//careers.dpf.or.ug/job/manager-assistant-manager-of-
business-operations/
Deadline 8 th January 2021
Apply Through
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Email⇒
URL⇒Link
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Jobs in Kampala Uganda Deposit Protection Fund Of Uganda (DPF) Jobs in Kampala Manager/Assistant Manager Of Busin Jobs in Kampala at Deposit Protection Fund Of Uganda (DPF) Manager/Assistant Manager Of Busin Employment opportunities Deposit Protection Fund Of Uganda (DPF)
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