Risk &Compliance Officer


Company: Umwalimu SACCO

Website: http://www.umwalimusacco.rw

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Umwalimu SACCO is looking for inspired innovators, dynamic self-driven, and highly creative personalities to collaborate with Umwalimu SACCO in taking it to the next level of success. If you feel you have what it takes, we would like to hear from you.

Please pick one or more positions that speak to you on the list below and send us your applications via email at umwalimu.sacco@umwalimusacco.rw  no later than 28th May 2020. Put the job title you are applying for e.g. “IT Audit Manager” as the subject of the email.

Interested candidates should submit soft copies of the motivation letter, CV, and copy of required notarized degrees and other important documents. Kindly note that only shortlisted candidates will be contacted for the exam and interview.

JOB TITLE

KNOWLEDGE, SKILLS, AND EXPERIENCE REQUIRED

Key Result Areas

 

 

10. RISK &COMPLIANCE OFFICER

Reports to: Director of Internal Audit 
 

Department: Internal Audit

Age Limit: 35

Education &experience

  • Bachelor‘s Degree in Finance, Economics Business management, statistics, computer science and/or other related fields 
  • Desirable: MBA or equivalent Masters Degree or Certification in Risk Management
  • Experience: At least 2 years in all aspect of risk assessment, monitoring, and control of loans documentation securities

Skills& knowledge

  • Good Accounting knowledge
  • Wide knowledge in the microfinance performance
  • Risk management
  • Risk assessment
  • Internal control
  • Corporate compliance
  • Corporate Governance
  • Information system security
  • Technical skills
  • Judgment skills
  • Computer skills

Key responsibilities

  • Continually assess adherence to internal Risk as well as credit policies.
  • Project relevant trends that affect enterprise risk management and advise of ways to mitigate & isolate potential problem areas
  • Establish and monitor key risk indicators, as well as implement corrective action plans to mitigate risks
  • Analyze transactions, internal reports and financial information for potential fraud risks
  • Maintain reports of significant risks and recommendations
  • Create policies, procedures and control assessments in response to identified risks
  • Ensuring consistent application of the internal credit policies and loan administration procedures with regards to credit Risk and all other risks (strategic, operational, financial, etc.)
  • Ensuring appropriate dissemination of credit information to credit managers/managers on a timely basis.
  • Evaluate the effectiveness of the SACCO’s internal control and risk management framework in addressing risks and accomplishing the company’s goals and objectives
  • Provide training and technical support to management and employees regarding risk management strategies and programs to strengthen enterprise Risk approach mechanism’s
  • Performing any other duty as may be assigned by the Supervisor
  • Perform any other duty as may be assigned by the Supervisor

 

  • Acceptable risk standards
  • Enforced adherence to set risk policies
  • Developed guidelines
  • Robust approval limits
  • Loan monitoring and control
  • Provisional of powerful leadership to the team
  • Enterprise approach to risk management
  • NB: These vacant posts are opened to external as well as internal candidates.

NDAYISABA N. Willy

UWAMBAJE Laurence

Director of HR & Administration

Director-General

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