Micro Finance Institution Job Vacancies in Zambia: Chief Risk Officer


  • company: A leading Micro Finance Institution
  • Location: Lusaka, Lusaka Province, Zambia
  • State: Lusaka
  • Job type: Full-Time
  • Job category: Banking Jobs in Zambia

Among other things, the applicant will be expected to undertake the following:

 

  • Identify, evaluate and analyze risk related issues, flaws in internal controls and suggest/implement mitigating measures in order to minimize the company’s exposure to various risks.
  • Ensure all applicable pieces of legislation relating to the company’s operations are strictly adhered to by all departments in all branches. These will include Bank of Zambia directives and circulars, Banking and Financial Services Act, Financial Intelligence Centre Act, Prohibition and Prevention of Money Laundering Act, as well as all applicable statutory instruments among others.
  • Review existing internal control mechanism through checks (snap checks), voucher checks, KYC checks etc. in order to suggest better ways and means to improve them.
  • Ensure all the Company processes in the internal policies, Circulars and guidelines are strictly adhered to.
  • Provide detailed scrutiny of vouchers above agreed threshold to ensure the transactions are processed according to accepted banking practice and procedures and in adherence to all regulatory requirements.
  • Enhance Skills: Ensure departmental training needs are suggested to Chief Executive Officer/or Manager Operations and all assigned training sessions are attended without fail. And also ensure that all trainings attended are in line with departmental training plan.
  • Will report to Chairman of Risk Management Committee

 

Qualification and Experience

 

  • University Degree in Banking, Finance, Economics or Business or similar
  • 2 years’ Experience in risk function in a similar organisation
  • Strong analytical and excel skills

How to Apply

Submit your CV to [email protected]