• Expertini Resume Scoring: Our Semantic Matching Algorithm evaluates your CV/Résumé before you apply for this job role.
Kenya Jobs Expertini

Risk & Compliance Officer at Caritas MFB Job Opening In Kenya, Kenya – Now Hiring Confidential


Job description

Job Description

Caritas Microfinance Bank is a licensed microfinance bank regulated by Central Bank of Kenya.

Caritas MFB offers a full range of innovative and customized financial services with a special focus on the unbanked and underbanked.

Its headquarters are located in the Nairobi CBD.

Caritas MFB was formed to provide affordable, innovative and customized financia…


Risk & Compliance Officer

Job Purpose


To ensure that the Bank’s overall Risk & Compliance framework, specifically under internal processes and procedures, regulatory, statutory, KYC & AML guidelines, is acceptable and there is full compliance to the same within the bank.

To also carry out risk assessments and advice on areas of improvement.


KEY RESPONSIBILITIES AND ACCOUNTABILITIES

  • Participate in preparation of Annual Risk & Compliance Strategy for Board Audit & Risk committee (BARC) approval

  • Review and maintain the bank’s Enterprise Risk Management (ERM) Framework and ensure that risks are identified, evaluated, treated, and monitored on a timely basis.

  • Establish and implement a Stress testing framework that covers the major risks facing the bank.

  • Participate in development, maintenance and updating the corporate risk register for the bank and regularly review the bank’s risk appetite statement.

  • Conduct Risk assessments on all bank projects, units, products, and processes as per the risk management policies and procedures.

  • Conduct reviews on all bank activities, processes, and units to ensure compliance with internal policies and procedures, regulations, and all relevant laws.

  • Conduct daily transactions monitoring, compile, and report to relevant regulators on any over the limit and/or suspicious transactions.

  • Conduct internal Risk management, AML, and KYC trainings to promote compliance awareness and improve the risk culture in the bank.

  • Represent the risk and compliance function at various management and committee meetings as and when requested and advise on risk issues.

  • Assist in preparation of Risk and Compliance reports and present to the BARC on Quarterly basis.

  • To perform any other duties as assigned in line with the organizational goals and objectives
  • Minimum Qualifications and Experience

  • University degree in a business-related field or its equivalent.

  • At least 5 years’ experience in Risk & Compliance within Banking or Financial Services Sector

  • Postgraduate or professional risk management qualifications are desirable.

  • A Certified Anti-Money Laundering Specialist qualification will be an added advantage.
  • Required Skill Profession

    Financial Specialists


    • Job Details

    Related Jobs

    Phoenix heights hiring Risk & Compliance Manager Job in Nairobi, Nairobi, Kenya
    Phoenix heights
    Nairobi, Nairobi, Kenya
    MyCredit hiring Internal Audit, Risk And Compliance Officer Job in Nairobi, Nairobi County, Kenya
    MyCredit
    Nairobi, Nairobi County, Kenya
    Fuzu hiring Risk Officer Job in Nairobi, Nairobi County, Kenya
    Fuzu
    Nairobi, Nairobi County, Kenya
    Sama hiring Manager, Governance, Risk and Compliance Job in Nairobi, Nairobi, Kenya
    Sama
    Nairobi, Nairobi, Kenya
    Fuzu hiring IT Risk And Compliance Manager Job in Nairobi, Nairobi County, Kenya
    Fuzu
    Nairobi, Nairobi County, Kenya
    Summit Recruitment & Search hiring Compliance Officer Job in Nairobi, Nairobi County, Kenya
    Summit Recruitment & Search
    Nairobi, Nairobi County, Kenya
    Pavago hiring Compliance Officer Job in Kenya
    Pavago
    Kenya
    Global Capability hiring Compliance Officer Job in Nairobi, Nairobi County, Kenya
    Global Capability
    Nairobi, Nairobi County, Kenya
    HFC Kenya hiring Compliance Officer Job in Nairobi, Nairobi County, Kenya
    HFC Kenya
    Nairobi, Nairobi County, Kenya
    Fuzu hiring Senior Compliance Officer Job in Nairobi, Nairobi County, Kenya
    Fuzu
    Nairobi, Nairobi County, Kenya
    Precision Recruitment International hiring Regional Compliance Officer Job in Nairobi, Nairobi County, Kenya
    Precision Recruitment International
    Nairobi, Nairobi County, Kenya
    Confidential hiring Risk Officer at Minet Kenya Job in Kenya
    Confidential
    Kenya
    Marley Risk Consultants Limited hiring Senior Conduct Risk Officer Job in Kenya
    Marley Risk Consultants Limited
    Kenya
    Windsor Brokers hiring Compliance & AML Officer - Kenya Job in Nairobi, Nairobi County, Kenya
    Windsor Brokers
    Nairobi, Nairobi County, Kenya
    Fuzu hiring Head Of Risk & Compliance, SOLV Kenya - SC Ventures Job in Nairobi, Nairobi County, Kenya
    Fuzu
    Nairobi, Nairobi County, Kenya
    Fuzu hiring Senior Officer - Enterprise Risk Management Job in Nairobi, Nairobi County, Kenya
    Fuzu
    Nairobi, Nairobi County, Kenya

    Unlock Your Risk Compliance Potential: Insight & Career Growth Guide


    Real-time Risk Compliance Jobs Trends (Graphical Representation)

    Explore profound insights with Expertini's real-time, in-depth analysis, showcased through the graph here. Uncover the dynamic job market trends for Risk Compliance in Kenya, Kenya, highlighting market share and opportunities for professionals in Risk Compliance roles.

    108 Jobs in Kenya
    108
    67 Jobs in Kenya
    67
    Download Risk Compliance Jobs Trends in Kenya and Kenya

    Are You Looking for Risk & Compliance Officer at Caritas MFB Job?

    Great news! is currently hiring and seeking a Risk & Compliance Officer at Caritas MFB to join their team. Feel free to download the job details.

    Wait no longer! Are you also interested in exploring similar jobs? Search now: .

    The Work Culture

    An organization's rules and standards set how people should be treated in the office and how different situations should be handled. The work culture at Confidential adheres to the cultural norms as outlined by Expertini.

    The fundamental ethical values are:

    1. Independence

    2. Loyalty

    3. Impartiapty

    4. Integrity

    5. Accountabipty

    6. Respect for human rights

    7. Obeying Kenya laws and regulations

    What Is the Average Salary Range for Risk & Compliance Officer at Caritas MFB Positions?

    The average salary range for a varies, but the pay scale is rated "Standard" in Kenya. Salary levels may vary depending on your industry, experience, and skills. It's essential to research and negotiate effectively. We advise reading the full job specification before proceeding with the application to understand the salary package.

    What Are the Key Qualifications for Risk & Compliance Officer at Caritas MFB?

    Key qualifications for Risk & Compliance Officer at Caritas MFB typically include Financial Specialists and a list of qualifications and expertise as mentioned in the job specification. The generic skills are mostly outlined by the . Be sure to check the specific job listing for detailed requirements and qualifications.

    How Can I Improve My Chances of Getting Hired for Risk & Compliance Officer at Caritas MFB?

    To improve your chances of getting hired for Risk & Compliance Officer at Caritas MFB, consider enhancing your skills. Check your CV/Résumé Score with our free Tool. We have an in-built Resume Scoring tool that gives you the matching score for each job based on your CV/Résumé once it is uploaded. This can help you align your CV/Résumé according to the job requirements and enhance your skills if needed.

    Interview Tips for Risk & Compliance Officer at Caritas MFB Job Success

    Confidential interview tips for Risk & Compliance Officer at Caritas MFB

    Here are some tips to help you prepare for and ace your Risk & Compliance Officer at Caritas MFB job interview:

    Before the Interview:

    Research: Learn about the Confidential's mission, values, products, and the specific job requirements and get further information about

    Other Openings

    Practice: Prepare answers to common interview questions and rehearse using the STAR method (Situation, Task, Action, Result) to showcase your skills and experiences.

    Dress Professionally: Choose attire appropriate for the company culture.

    Prepare Questions: Show your interest by having thoughtful questions for the interviewer.

    Plan Your Commute: Allow ample time to arrive on time and avoid feeling rushed.

    During the Interview:

    Be Punctual: Arrive on time to demonstrate professionalism and respect.

    Make a Great First Impression: Greet the interviewer with a handshake, smile, and eye contact.

    Confidence and Enthusiasm: Project a positive attitude and show your genuine interest in the opportunity.

    Answer Thoughtfully: Listen carefully, take a moment to formulate clear and concise responses. Highlight relevant skills and experiences using the STAR method.

    Ask Prepared Questions: Demonstrate curiosity and engagement with the role and company.

    Follow Up: Send a thank-you email to the interviewer within 24 hours.

    Additional Tips:

    Be Yourself: Let your personality shine through while maintaining professionalism.

    Be Honest: Don't exaggerate your skills or experience.

    Be Positive: Focus on your strengths and accomplishments.

    Body Language: Maintain good posture, avoid fidgeting, and make eye contact.

    Turn Off Phone: Avoid distractions during the interview.

    Final Thought:

    To prepare for your Risk & Compliance Officer at Caritas MFB interview at Confidential, research the company, understand the job requirements, and practice common interview questions.

    Highlight your leadership skills, achievements, and strategic thinking abilities. Be prepared to discuss your experience with HR, including your approach to meeting targets as a team player. Additionally, review the Confidential's products or services and be prepared to discuss how you can contribute to their success.

    By following these tips, you can increase your chances of making a positive impression and landing the job!

    How to Set Up Job Alerts for Risk & Compliance Officer at Caritas MFB Positions

    Setting up job alerts for Risk & Compliance Officer at Caritas MFB is easy with Kenya Jobs Expertini. Simply visit our job alerts page here, enter your preferred job title and location, and choose how often you want to receive notifications. You'll get the latest job openings sent directly to your email for FREE!