Job Title: Manager Market Conduct
Organization: Uganda Retirement Benefits Regulatory Authority (URBRA)
Duty Station: Kampala, Uganda
Reports to: Chief Manager Supervision and Market Conduct
About US:
The Uganda Retirement Benefits Regulatory Authority manages retirement plans for Uganda’s public workforce by serving as the fiduciary stewards of the contributions and disbursements of the pension trust funds. In partnership with the state’s public employers, we help ensure that they can offer their employees a comprehensive retirement plan that is responsive to their needs and is equitable to all stakeholders. URBRA’s primary mandates include;
- Regulate the establishment, management and operation of retirement benefits schemes in Uganda in both private and public sector
- Supervise institutions which provide retirement benefits products and services
- Protect the interest of member and beneficiaries of retirement benefits schemes
- Promote the development of the retirement benefits sector
- Provide for licensing for custodians, trustees, administration and fund managers of retirement benefits schemes, the appointment of inspectors and interim administrators.
Job Summary: The Manager Market Conduct will manage market conduct of regulated entities.
Key Duties and Responsibilities:
- Manage the licensing process of regulated entities.
- Conduct early warning test for service providers.
- Monitor compliance of licensed entities with laws, regulations and guidelines and prepare reports on compliance performance
- Monitor licensed entities’ market practices and professional conduct to ensure fairness
- Make recommendations for amendment of the URBRA Act and regulations arising from market oversight experience.
- Prepare regulatory practice notes or guidance on market conduct and licensing issues
- Review proposals for new products and retirement plans
- Develop and implement market conduct and licensing assessment procedures and guidelines
- Develop and implement consumer protection strategies.
- Lead implementation of the trustee certification program and other capacity building programs for licensed entities
- Review reports on market conduct investigations and recommend supervisory action
- Monitor developments in compliance and market conduct practices and advise management on implications to the sector.
- Supervise the staff of the department
Qualifications, Skills and Experience:
- The applicant should preferably hold an honors Bachelor’s degree in either Law, Economics, Accounting, Business Administration, or Finance from a recognized university.
- Master’s Degree in any of the above fields from a recognized University.
- Professional qualification in any of above field is desired
- Membership in a relevant professional body is an added advantage
- At least seven years of relevant working experience, 4 (four) of which must have been at senior officer level or equivalent, providing either supervisory, compliance, risk analysis, Surveillance, or enforcement in a financial sector regulatory or regulated institution.
- Knowledge of legal and regulatory provisions
- Strategic Planning and Implementation
- Analytical skills
- Risk management
- ICT proficiency
- Negotiation skills
- Ethics and Integrity
- Confidentiality
- Innovativeness
- Decision Making and Problem Solving
- Excellent oral and written communication skills;
- Excellent interpersonal skills
- Results and team oriented
- Leadership Skills
- Mentoring and coaching
- Time management
How to Apply:
All suitably qualified candidates should submit applications complete with an application letter, CV (include names, address and daytime contacts of three referees) and copies of academic certificates by email to recruitment@urbra.go.ug
The above documents should be attached to the email as one PDF document. Applications should ONLY have the position name in the subject line.
Or hand delivered to:
The Chief Executive Officer
Uganda Retirement Benefits Regulatory Authority
Plot 1, Clement Hill Road, 5th Floor
P.O. Box 7561 Kampala, Uganda
Deadline: Friday 2nd June 2023 by 5:00pm
NB: Only candidates who follow the above instructions and meet the minimum requirements shall be contacted