Job Description
The Senior Risk and Compliance Officer shall work under the supervision and guidance of the Risk Board Committee, with:
- A functional reporting line to the Supervisory Board/Audit Committee; and
- An administrative reporting line to the Managing Director.
Job Industry
Compliance, Risk Management, and Regulatory Affairs
Job Salary Currency
RWFJob Salary Fixed
NoKey Deliverables
- Work diligently on assigned tasks and deliver results within the required timelines;
- Comply with instructions issued by the employer or authorized representatives;
- Ensure compliance with applicable laws, regulations, policies, and decisions governing cooperatives and microfinance institutions;
- Ensure proper custody and management of equipment assigned for work purposes;
- Respect working days, working hours, and professional conduct standards;
- Maintain confidentiality of institutional information and work-related matters;
- Provide required identification and administrative documents before commencement of employment;
- Adhere to the principles and rules governing ISN business activities;
- Develop and update the institution’s risk management strategy;
- Establish and regularly review the risk and capital inventory;
- Prepare and submit compliance reports to Management, Supervisory Board, Audit Committee, and BNR as required;
- Conduct risk assessments, risk measurement, and stress testing, particularly related to liquidity shocks;
- Define and monitor early warning indicators for institutional risks;
- Propose appropriate risk mitigation and risk steering instruments;
- Prepare risk management reports identifying major risks, mitigation measures, and recommendations;
- Support the implementation and strengthening of internal control systems;
- Continuously improve policies, procedures, practices, and control mechanisms to effectively manage institutional risks;
- Investigate potential violations of compliance policies, laws, regulations, and internal procedures;
- Advise Management on compliance with applicable laws, regulations, directives, rules, and standards governing cooperatives and financial institutions;
- Support Management in effectively managing institutional risks;
- Conduct compliance awareness and training sessions for staff;
- Prepare contingency plans for liquidity risk management;
- Perform any other duties assigned by the Board of Directors, Supervisory Board, Audit Committee, or Managing Director in accordance with applicable laws and regulations.
Professional Qualifications
| Industry | Qualification |
|---|---|
| Compliance, Risk Management, and Regulatory Affairs | Bachelor’s Degree in Accounting, Finance, Auditing, Business Administration, A Master’s Degree in Accounting, Finance, Auditing, Business Administration is highly preferred; Candidates with First Class or Upper Division qualifications are highly preferred; Minimum of Three (3) years of experience in Risk and Compliance within microfinance institutions, SACCOs, or banking institutions; or Two (2) years of relevant experience for candidates holding a Master’s Degree; Experience must be supported by certificates of service or recommendation letters from previous employers; Professional certification in Risk Management, Compliance, Internal Audit, or related field is an added advantage; Applicants must not be above thirty-five (35) years of age. |
Application Process
Close Date
05/06/2026