ISOKO SACCO GASABO (ISG) is a District Savings and Credit Cooperative (D-SACCO) established following the consolidation of fifteen Umurenge Sacco’s operating within GASABO District, in accordance with the Government of Rwanda SACCO consolidation framework. ISG is duly registered under RCA and licensed by the National Bank of Rwanda (BNR). Dairy development consultancy in accordance with the Government of Rwanda SACCO’s consolidation framework and under the supervision of the National Bank of Rwanda (BNR) ISOKO SACCO GASABO is looking for qualified, competent, committed, proactive and self-motivated individual to occupy the following positions.

SENIOR RISK AND COMPLIANCE OFFICER (1 POSITION)

To strengthen institutional governance, internal control systems, compliance, and risk management, ISG wishes to recruit internally and externally one (1) competent, committed, professional, experienced, and self-motivated Senior Risk and Compliance Officer to join the institution.

Reporting Line: The Senior Risk and Compliance Officer shall work under the supervision and guidance of the Risk Board Committee, with:

• A functional reporting line to the Supervisory Board/Audit Committee; and
• An administrative reporting line to the Managing Director.

Key Duties and Responsibilities: Under the supervision and guidance of the Risk Board Committee, the Senior Risk and Compliance Officer shall perform the following duties and responsibilities:

• Work diligently on assigned tasks and deliver results within the required timelines;
• Comply with instructions issued by the employer or authorized representatives;
• Ensure compliance with applicable laws, regulations, policies, and decisions governing cooperatives and microfinance institutions;
• Ensure proper custody and management of equipment assigned for work purposes;
• Respect working days, working hours, and professional conduct standards;
• Maintain confidentiality of institutional information and work-related matters;
• Provide required identification and administrative documents before commencement of employment;
• Adhere to the principles and rules governing ISG business activities;
• Develop and update the institution’s risk management strategy;
• Establish and regularly review the risk and capital inventory;
• Prepare and submit compliance reports to Management, Supervisory Board, Audit Committee, and BNR as required;
• Conduct risk assessments, risk measurement, and stress testing, particularly related to liquidity shocks;
• Define and monitor early warning indicators for institutional risks;
• Propose appropriate risk mitigation and risk steering instruments;
• Prepare risk management reports identifying major risks, mitigation measures, and recommendations;
• Support the implementation and strengthening of internal control systems;
• Continuously improve policies, procedures, practices, and control mechanisms to effectively manage institutional risks;
• Investigate potential violations of compliance policies, laws, regulations,
• Advise Management on compliance with applicable laws, regulations, directives, rules, and standards governing cooperatives and financial institutions;
• Support Management in effectively managing institutional risks;
• Conduct compliance awareness and training sessions for staff;
• Prepare contingency plans for liquidity risk management;
• Perform any other duties assigned by the Board of Directors, Supervisory Board, Audit Committee, or Managing Director in accordance with applicable laws and regulations.

Qualifications and Experience Required: Applicants must meet the following requirements:

• Bachelor’s Degree in Accounting, Finance, Auditing, Business Administration,
• A Master’s Degree in Accounting, Finance, Auditing, Business Administration is highly preferred;
• Candidates with First Class or Upper Division qualifications are highly preferred;
• Minimum of Three (3) years of experience in Risk and Compliance within microfinance institutions, SACCOs, or banking institutions; or
• Experience must be supported by certificates of service or recommendation letters from previous employers;
• Professional certification in risk management, Compliance, Internal Audit, or related field is an added advantage;

• Work diligently on assigned tasks and deliver results within the required timelines;
• Comply with instructions issued by the employer or authorized representatives;
• Ensure compliance with applicable laws, regulations, policies, and decisions governing cooperatives and microfinance institutions;
• Ensure proper custody and management of equipment assigned for work purposes;
• Respect working days, working hours, and professional conduct standards;
• Maintain confidentiality of institutional information and work-related matters;
• Provide required identification and administrative documents before commencement of employment;
• Adhere to the principles and rules governing ISG business activities;
• Develop and update the institution’s risk management strategy;
• Establish and regularly review the risk and capital inventory;
• Prepare and submit compliance reports to Management, Supervisory Board, Audit Committee, and BNR as required;
• Conduct risk assessments, risk measurement, and stress testing, particularly related to liquidity shocks;
• Define and monitor early warning indicators for institutional risks;
• Propose appropriate risk mitigation and risk steering instruments;
• Prepare risk management reports identifying major risks, mitigation measures, and recommendations;
• Support the implementation and strengthening of internal control systems;
• Continuously improve policies, procedures, practices, and control mechanisms to effectively manage institutional risks;
• Investigate potential violations of compliance policies, laws, regulations,
• Advise Management on compliance with applicable laws, regulations, directives, rules, and standards governing cooperatives and financial institutions;
• Support Management in effectively managing institutional risks;
• Conduct compliance awareness and training sessions for staff;
• Prepare contingency plans for liquidity risk management;
• Perform any other duties assigned by the Board of Directors, Supervisory Board, Audit Committee, or Managing Director in accordance with applicable laws and regulations.

• Bachelor’s Degree in Accounting, Finance, Auditing, Business Administration,
• A Master’s Degree in Accounting, Finance, Auditing, Business Administration is highly preferred;
• Candidates with First Class or Upper Division qualifications are highly preferred;
• Minimum of Three (3) years of experience in Risk and Compliance within microfinance institutions, SACCOs, or banking institutions; or
• Experience must be supported by certificates of service or recommendation letters from previous employers;
• Professional certification in risk management, Compliance, Internal Audit, or related field is an added advantage;