Background

KARISIMBI SACCO NYABIHU is a District Savings and Credit Cooperative (D-SACCO) established following the consolidation of 12 Umurenge Savings and Credit Cooperatives (U-SACCOs) operating within Nyabihu District, in accordance with the Government of Rwanda SACCO’s consolidation framework with the supervision of the National Bank of Rwanda(NBR) and MINECOFIN.

KARISIMBI SACCO NYABIHU is looking for Qualified, Competent, Committed, Proactive and self-motivated individual to occupy the following positions at Head office and Branch level:

1. Senior Risk and Compliance Officer (1)

Responsibilities

Under the supervision and guidance of the Managing Director, Senior Risk and Compliance Officer has the following main responsibilities:

• 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;
• Works out a draft of the risk management strategy;
• Conducts risk measurement and stress testing on future liquidity chocks;
• Defines and assesses the early warning indicators;
• Proposes instruments for risk steering;
• Supports in the implementation of internal controls;
• Continuously, enhance policies, practices and other control mechanisms to manage risks;
• Investigating potential violations of compliance policies and regulations;
• Assisting management to effectively manage the cooperative’s risk;
• Educating staff on compliance issues;
• Drafts the contingency plan to manage liquidity risk;
• Perform other duties that are not contrary to the laws and regulations required by the supervisor or his/her superior authority

Qualifications & Experience required

• Master’s degree in accounting or Finance/ Accounting/Business Administration and related fields with 2 years of experience on management positions in Microfinance/banking industry,
• Or Bachelor’s degree in Finance/ Accounting/Business Administration and related fields with 5 years of experience on management positions in Microfinance/banking industry.
• Professional qualification in auditing is highly recommended.
• Minimum five (5) of experience in internal audit & compliance.
• Several years of experience in auditing, and a thorough understanding of Microfinance Banking and accounting practices.
• Good strategic thinking, with risk and control consciousness.
• Strong analytic skills.
• Strong decision-making abilities.
• Excellent communication skills.
• Strong leadership and people management skills.
• Professionalism and integrity.
• Working knowledge of data analysis and performance/operation metrics.
• Fluency in spoken and written English. Knowledge of French is added advantage.
• Advanced knowledge of MS Office including: Microsoft Word, Excel, and Outlook, Microsoft PowerPoint and Adobe Acrobat.

• 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;
• Works out a draft of the risk management strategy;
• Conducts risk measurement and stress testing on future liquidity chocks;
• Defines and assesses the early warning indicators;
• Proposes instruments for risk steering;
• Supports in the implementation of internal controls;
• Continuously, enhance policies, practices and other control mechanisms to manage risks;
• Investigating potential violations of compliance policies and regulations;
• Assisting management to effectively manage the cooperative’s risk;
• Educating staff on compliance issues;
• Drafts the contingency plan to manage liquidity risk;
• Perform other duties that are not contrary to the laws and regulations required by the supervisor or his/her superior authority

• Good strategic thinking, with risk and control consciousness.
• Strong analytic skills.
• Strong decision-making abilities.
• Excellent communication skills.
• Strong leadership and people management skills.
• Professionalism and integrity.
• Working knowledge of data analysis and performance/operation metrics.
• Fluency in spoken and written English. Knowledge of French is added advantage.
• Advanced knowledge of MS Office including: Microsoft Word, Excel, and Outlook, Microsoft PowerPoint and Adobe Acrobat.

• Master’s degree in accounting or Finance/ Accounting/Business Administration and related fields with 2 years of experience on management positions in Microfinance/banking industry,
• Or Bachelor’s degree in Finance/ Accounting/Business Administration and related fields with 5 years of experience on management positions in Microfinance/banking industry.
• Professional qualification in auditing is highly recommended.
• Minimum five (5) of experience in internal audit & compliance.
• Several years of experience in auditing, and a thorough understanding of Microfinance Banking and accounting practices.