Senior Risk & Compliance

Under the supervision and guidance of Managing Director have:

• 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;
• Plans and monitors the day-to-day running of business to ensure efficiency and high quality of work in the department;
• Supervises and supports the staff in their roles of implementing their tasks and responsibilities;
• Participates in all management meetings;
• Creates strategies for the department with senior management;
• Revises and/or formulates all related policies and promote their implementation;
• Oversees compliance with regulations and procedures applicable to the departments;
• Establish the internal control checklist as per Central Bank Regulation in force;
• Advising management on compliance with laws, regulations, directives, rules and standards applicable to the Cooperative;
• Assisting management to effectively manage the cooperative’s risk;
• Review the risk measurement and stress testing on future liquidity chocks;
• Educating staff on compliance issues;
• Assessment of the contingency plan to manage liquidity risk;
• Acting as a contact point for compliance queries from staff;
• Oversee the interpretation of laws and regulations if may be outsourced as specific tasks of the Compliance function; 
• Manages relationships/agreements with staff, members/ customers and other external partners;
• Prepares timely and detailed reports on financial and operational performance of the department;
• Ensure the application of the internal control guidelines in order to prevent any malpractices;
• Oversight of all operations of the INDATWA SACCO RUSIZI including the operations of staff and elected organs and providing the report to the Supervisory Committee and the BoD and follow up the implementation of all recommendations provided in his/her reports;
• Verify that the resolutions of the INDATWA SACCO RUSIZI organs (BoD, GAM and SB), instructions from NBR, RCA recommendations are implemented;
• Perform any other tasks requested by the BoD or MD

Education & Experiences Required

• Bachelor’s degree in Economics, Accounting, Finance or related field.
• Three (3) years or above 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.

General Requirement

• To be Rwandan
• Not to have been definitely sentenced to a term of imprisonment equal to or exceeding six (6) months;
• Not to have been dismissed from any other institution unless applicant is entitled to reinstatement under laws and regulations in force;
• Not have been involved in the bankruptcy of a financial institution;