Company Name: Rafiki Microfinance Bank
Location: Nairobi
Purpose of the Job:
Providing independent oversight and management of the Bank’s risks, compliance with the
Bank’s risk management framework, regulatory requirements, and best
practices
Reporting to:
Functionally –
Board Risk Committee; Administratively – CEO/MD
Job Description:
- Developing and or updating the Annual risk and compliance program, Charters, policies, and procedures.
- Ensure risk-based reviews are conducted as per the risk and compliance annual program.
- Reviewing of risk metrics and tools to ensure risk-based monitoring and reporting in line with current risk trends.
- Have oversight of all risk and compliance monitoring activities.
- Prepare/Review the risk and compliance reports for Presentation to the Departmental and or Branch Management
- Provide guidance & advice to relevant functions within the Bank towards strengthening regulatory compliance and mitigating Compliance risks.
- Ensure participation in relevant committees, reviews, and preliminary investigations to consider & highlight Compliance issues/ risks and make recommendations for enhancing risk controls.
- Procure tools & systems as required for management of risk.
- Serve as the point of contact/liaison between the Bank, Regulators, and relevant external parties on compliance risk related matters/queries.
- Cause to increase Risk knowledge of the organization through training and awareness programs.
- Developing and documenting policies, procedures, and controls to identify, mitigate, and manage risks
- Developing and implementing AML/CFT policy to safeguard financial systems
- Review/Prepare Reports for Presentation to the Board Risk Committee
- Performance management of the staff in the department
- Coaching and mentorship of staff in the department.
- Prepare Annual Budgets for the Department
- Interviewing of staff to be recruited in the Department
- All other roles as assigned
Qualifications:
Knowledge;
Skills and Experience required for this Role:
- Bachelor’s degree in a business-related field
- Over 10 years’ experience in a relevant risk and compliance environment
- Experience in a Financial Institution is an added advantage
- Interpersonal skills
- Analytical skills
- Integrity
- Confidentiality
- People management skills
- Keen on details
- Organizing and planning skills
- Excellent Communication and presentation skills
- Ability to understand and interpret financial information and principles
How to Apply:
Interested
candidates are requested to send their cover letter and CV to hr@rafiki.co.ke quoting
the position applied for on the e-mail subject on or before 2nd August 2024 at 5:00pm.