Head of Risk and Compliance Job at VisionFund Tanzania Microfinance Bank Ltd (VFT MFB) – Career Opportunity in Tanzania

Overview
Job Category: Management
Job Type: Full-Time
Deadline of this Job:  04 September 2020
Duty Station:  Dar Es Salaam
Posted: 20-08-2020
Requirements
Job Description

Vacancy title:
Head of Risk and Compliance

[ Type: FULL TIME , Industry: Finance , Category: Management ]

Jobs at:

VisionFund Tanzania Microfinance Bank Ltd (VFT MFB)

Deadline of this Job:
04 September 2020  

Duty Station:
Within Tanzania , Dar es Salaam , East Africa

Summary
Date Posted: Thursday, August 20, 2020 , Base Salary: Not Disclosed


JOB DETAILS:
VisionFund Tanzania Microfinance Bank Ltd (VFT MFB) formerly known as SEDA is a fast growing and reputable Micro Finance Bank (MFB), has a loan book of TSHS. 24 billion and 54,000 customer base, more that 5,000 of them being small holder farmers. VFT is seeking to employ dynamic and committed Tanzanian young men & women who have passion for people’s economic development to fill in the vacant positions detailed here below. For more information kindly visit our website: www.vftz.co.tz.

We wish to recruit a highly competent, proactive and self-driven person to fill the positions below:
Head of Risk and Compliance
Work reference no. 001
Position: Head of Risk and Compliance
Reporting to: Chief Executive Officer .

Responsibility:
• Identify risks, prioritize and measures current and foreseeable risks
• Ensures that Risks are kept within the scope
• Develop clear annual Risk objectives for VFT-MFB
• Asses and identify risks areas of implementing audit findings, regulators concern and other bodies.



Main tasks
• Heads & Supervises Risk and Compliance Department
• Identify risks, prioritize and measures current risks
• Ensures that Risks are kept within the scope
• Develop clear annual Risk objectives for VFT-MFB
• Asses and identify risks areas of implementing audit findings, regulators concern and other bodies.
• Develop Risk Policy for VFT-MFB and Compliance standard
• Responsible for AML/CFT cases and ensure proper handling of the case
• Trains and orient staff on AML and CFT awareness
• Work with Board Credit and Risk Committee
• Responsible for developing and implementing of Compliance Monitoring Plan.
• Conduct training to VFT-MFB staff on bank policies and procedures, legal and regulatory requirements, as well as consumer protection


Education/Experience
• Master /Post graduate in Business Administration, Finance, Risk Management
• Bachelor Degree in Marketing, Business Administration/Law/Accounting, Risk Management
• Very good knowledge of oral & written English
• Very good analytical & reporting skills
• 5 years’ experience in credit management of which 3 must be at Management level


Special / Personal Abilities
• Highly developed sense of reliability and correctness
• Very good communication skills and an effective trainer
• Innovative and analytical
• Very good planning skills
• Must have above average skills in using Micro Soft office applications
• Must be a self-starter, highly motivated, organized, and detail-oriented
• Committed Christian


About our working environment & remuneration.
VisionFund Tanzania Microfinance Bank has a calm and harmonious working environment where staffs are highly valued. Good work is recognized and rewarded accordingly and there is an opportunity to grow professionally and spiritually.


Work Hours: 8

 

Job application procedure
Interested and suitably qualified individuals should forward their application letter, attaching copies of their academic and professional certificates; detailed CV’s with three referees to [email protected]   The position should be the subject of the email application. OR through the postal address below.
The Chief Executive Officer,
VisionFund Tanzania
Microfinance Bank Limited
P.O. Box 1546,
Arusha TANZANIA.
The application should reach the undersigned not later than 04th September 2020. N.B. Only short-listed candidates will be contacted


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