Risk & Compliance Officer at ENCOT Microfinance Limited (ENCOT)

The role is responsible for ensuring that ENCOT conducts its business processes in compliance with laws and regulations,
professional standards, and accepted business practices. The Risk and Compliance Officer has a responsibility for upholding the ethical integrity of the organization and ensuring that business activities are conducted using a regulatory
framework. He should advise Management on possible risks and how to mitigate them through performing regular
audits and executing them under design control systems.

Major areas of accountability:
• Develop, maintain and implement strategies and annual plans for risk and compliance management and
• related activities
• Maintain and review policies, procedures, business continuity plans and annual plans for Compliance
• Oversee and monitor the implementation of the risk and compliance frameworks throughout the ENCOT
• including risk and compliance assessments, control environment evaluations and action plans.
• Report on Risk and Compliance to senior management, Audit and Risk Committees and as required, external
• stakeholders.
• Ensure Risk and Compliance Assessments are undertaken including analysis and reports on developments,
• exposures, control, breaches and related action plans across ENCOT.
• Identify and communicate as necessary industry developments and changes in best practice for risk and
• compliance management.
• Provide guidance, advice, and/ or training and educational programs, to embed business understanding of risk
• management, related laws, regulatory, contractual and policy requirements to staff and key stakeholders, as
• required
• Liaise with senior managers in particular to ensure they understand their roles and obligations within their
• jurisdictions and commit with timelines for reporting.
• Provide additional appropriate support to other departments. Management and supervision of members of
• the risk and compliance team.
• Any other duties assigned.

Minimum Qualifications & Attributes:
• Bachelor’s degree in Business Studies, Accounting, Finance or related field or equivalent work experience; MBA
• or Advanced education preferred. With a minimum of 4 years’ experience.
• Strong background and prior experience in risk and compliance management cycle.
• Demonstrated knowledge and skills in people management including the ability to lead and motivate others.
• Vast knowledge and understanding of the Microfinance industry, contemporary microfinance product(s)
• structure and loan management systems in a rapidly growing microfinance business.
• Strong training and mentoring skills.
• Excellent organizational and planning skills.
• Good interpersonal and both written and verbal communication skills
• Experience in donor and partner relations
• Personal qualities of integrity, credibility, and commitment to ENCOT’s mission and vision.
• Flexible and able to multitask; work within an ambiguous, fast-moving environment while driving toward clarity
• and solutions; demonstrated resourcefulness in setting priorities and guiding investment in people and
• systems.
• Proficiency in MS Office suite, good understanding of IT and its role in modern management as well delivery of
• services to target customers.
• Able to travel as required.

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