Senior Manager Risk & Compliance at Rafiki Microfinance Bank

 Job Description:

• Developing and or updating the Annual risk and compliance program, Charters, policies and procedures. 
• Ensure risk based reviews are conducted as per 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 

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