Position Name

Senior Risk & Compliance officer

Reports to

Managing Director 

Responsibilities & tasks

Under the supervision and guidance of the Head of internal audit & compliance:

• To work diligently on the assigned work on time and to produce results;
• To comply with the instructions of the employer or his/her representative;
• To comply with the laws, regulations and decisions of the Cooperative;
• To take good care of and manage the equipment assigned to him/her in his/her work;
• To be at work and to respect working days and hours;
• To maintain confidentiality of work;
• To provide basic identification documents before starting work;
• To follow the principles and rules governing the conduct of the Cooperative's business activities;
• Works out a draft of the risk management strategy;
• Sets up and adjusts the risk and capital inventory;
• Conducts risk measurement and stress testing on future liquidity chocks;
• Defines and assesses the early warning indicators;
• Proposes instruments for risk steering

• Drafts the risk management reports ensuring that major risks are identified and reported including measures and recommendations;
• Supports in the implementation of internal controls;
• Continuously, enhance policies, practices and other control mechanisms to manage risks;
• Investigating potential violations of compliance policies and regulations;
• Advising management on compliance with laws, regulations, directives, rules and standards applicable to the Cooperative;
• Assisting management to effectively manage the cooperative’s risk;
• Educating staff on compliance issues; 
• Drafts the contingency plan to manage liquidity risk;
• Perform other duties that are not contrary to the laws and regulations required by the head of internal Audit and Compliance his/her superior body.

Qualification Criteria/

Job Requirements

• Bachelor’s degree in Economics, Accounting, Finance or related field.
• Three (3) years of experience in auditing, and a thorough understanding of Microfinance Banking and accounting practices.
• Deep Knowledge in Financial Risk Issues and Mitigations.
• Excellent understanding of banking and financial regulations.
• Good skills in Excel, Word, PowerPoint and other Microsoft Office packages.
• Good strategic thinking, with risk and control consciousness.
• Strong analytic skills.
• Professional qualification in auditing is added value;
• High attention to detail and excellent analytical skills.
• Excellent communication skills
• Professionalism and integrity.
• Proven knowledge of auditing standards and procedures, laws, rules and regulations.
• Advanced computer skills on MS Office and Core Banking Software.