Risk and Compliance Officer

Key accountabilities (Duties and Responsibilities)

With 75 years of experience, our focus is on helping the most vulnerable children overcome poverty and experience fullness of life. We help children of all backgrounds, even in the most dangerous places, inspired by our Christian faith.

Come join our 31,000+ staff working in nearly 100 countries and share the joy of transforming vulnerable children’s life stories!

Compliance

(40%) Ensure compliance of VFT and Regulatory policies at the business centers within the Region

• Work with Compliance Manager to implement Compliance Monitoring Plan in the respective region.
• Monitoring and reporting all cases relating to violation of all VFT MFB policies and procedures as well as legal and regulatory requirements
• Conduct training to VFT-MFB staff on bank policies and procedures, legal and regulatory i.e. AML
• Monthly reporting list of names of VFT staff who violates KYC requirement to Compliance Manager
• Advice the bank on the compliance status with the regional operational policies, local policies and procedures as well legal and regulatory requirements (BOT, FIU, TRA, COMPANY, LABOUR, etc.)
• Review and report operational non-compliance issues such as data input, reconciliation, abnormal approvals and withdrawals.
• Monitoring and reporting on implementation status of issues raised by internal audit, external audit, regulatory and Risk and compliance review exercises.
• Conduct Portfolio and Compliance review exercise to branches and or/Loan officers with PAR above acceptable levels.
• Maintain an updated register of political exposed persons in the bank’s database.
• Quarterly documentation and reporting of bank’s annual action plan
• Prepare monthly compliance review reports for their Business Centers

Risk Management

(40%) Manage risks at the business center level of the Region

• Analyze trends in branch reports falling in their respective regions to enable timely detection of anomalies in operations including frauds.
• Reporting confirmed and potential fraudulent activities that comes to their attention and monitor status of recovering of such frauds at their Business Centers.
• Assist Senor Risk Officer in the identification of risks, and updating of risk register, monitoring and reporting.
• Monitor and report risk incidences as they occur in their area of operation.  Monitor and reporting emerging risks to Risk Manager .
• Perform loans vetting for loans with more than 120 days in arrears.
• Report a list of untraceable clients on weekly/monthly basis.
• Monitor Money Laundering issues in the Bank, recommend Anti-Money Laundering enforcement measures and reviews AML Policy Document and related procedures.

Physical security and Healthy representative

(10%)Physical security and Healthy representative

• Conduct testing of internal risk and compliance controls including security devices.
• Act as a focal person for healthy and physical security of the regional business center.
• Assess VFT offices to identify gaps related to Physical security and health matters.
• Assist compliance Manager to conduct awareness of physical security and safety matters.

Training and communication

(10%)Training and communication

• Conduct trainings on risks, physical security and safety, AML and all compliance matters that affects the bank to new and existing staff.
• Communicate compliance issues to BCM of specific Business Center.

Education

University degree in Law, Informational Communication Technology, Business Management, Banking or related disciplines with knowledge on compliance software/applications.

'Knowledge of ICT is added advantage'

Experience

The candidate should have the following experience;

• Experience with Banking/Financial Institution operation,
• Enterprise risk management.
• Understanding of impacts of money laundering to economy and on financial systems
• Strong analytical skills, paying careful and particular attention to detail, and also have an investigative mindset.

Special / Personal