Head of Risk Management and Compliance

About this role

FINCA Microfinance Bank Tanzania is recruiting a Head of Risk Management and Compliance to be based at its Dar es Salaam head office. The position sits within the Risk and Compliance department and carries responsibility for establishing, implementing and enforcing a robust risk management framework, together with the policies, processes and tools that cover the key risk families defined by FINCA's Risk Appetite and Tolerance Limit framework, in line with Central Bank guidelines on risk management. Day to day, the post-holder promotes and continuously improves the risk culture across the subsidiary, supports management in developing the risk appetite framework, and monitors internal and external events to assess the bank's overall risk profile.

The role oversees enforcement of risk management policies and established risk limits, analyses operations to identify risks and recommend preventive actions, and investigates, analyses and reports compliance issues or fraud incidents that could damage operations or reputation. Additional duties include implementing AML/KYC compliance and fraud management directives, managing internal control tools, preparing quarterly risk reports for subsidiary and FMH Board reporting, conducting periodic branch reviews of operational and credit processes, and supervising and developing Risk Management and Internal Control staff. Candidates need a bachelor's degree or equivalent in business administration, finance, economics, management or a related field, with an advanced or graduate degree desirable, plus seven or more years of practical banking or microfinance operations experience spanning credit, operations, audit, client-facing work, risk management or internal control.

Certification in risk management, AML/KYC compliance or internal controls is preferred. Strong business acumen, analytical and critical-thinking skills, executive writing and reporting ability, and a solid grasp of ERM and internal control frameworks such as COSO are essential, as is fluency in English. FINCA Impact Finance is a global network of microfinance institutions and banks providing responsible financial services to low-income entrepreneurs, and this subsidiary role reports into local management while coordinating with functional heads.