Risk and Compliance Officer at CapitalSage Technology Limited

Job Description

• Research, implement, and manage banking regulations and laws, along with banking policies and procedures, consumer protection, and public interest laws.
• Oversee compliance procedures and provide advice on risk management.
• Advise, oversee, and train banking staff on compliance procedures.
• Collaborate with the Legal Officer to ensure the compliance obligation register is implemented and regularly updated.
• Conduct credit risk analysis, management, and reporting.
• Oversee the risk management process for the bank's loan portfolio, ensuring compliance with policies and continuous monitoring of credit quality to maintain a high-quality risk asset portfolio.
• Manage the oversight of the incident management process and ensure that significant risk events are reported to the Risk and Compliance Unit.
• Implement an incident monitoring process to improve controls around reported risk events.
• Coordinate with the Head of Risk and Compliance to ensure adherence to the Fraud Management Plan.
• Manage responses to compliance and performance audits conducted by external auditors.
• Investigate and coordinate responses to queries and issues, implementing action plans for identified gaps and finalizing reports.
• Oversee the monitoring of non-financial compliance requirements.
• Follow up with the business on action plans for outstanding audit issues.

Requirements

• A graduate in Finance, Business Administration, Law, or a related field.
• Professional certification (e.g., CRM, CCEP) (added advantage)
• Minimum of 3-5 years of experience in risk management or compliance in the microfinance sector
• Strong understanding of risk management principles and compliance regulations.
• Proficiency in risk management and compliance software tools. (added advantage)
• Excellent analytical and problem-solving skills.
• Strong written and verbal communication skills.
• Ability to present complex information clearly to stakeholders.
• Strong interpersonal and collaborative skills.
• Detail-oriented with a focus on accuracy.
• Strong organizational and time management skills.
• Ability to manage multiple tasks and priorities.
• Commitment to continuous learning and professional development.
• Up-to-date knowledge of microfinance banking regulations.