Kigali, Rwanda
7 days ago
Risk Officer

With over 70 years of experience, our focus is on helping the most vulnerable children overcome poverty and experience fullness of life. We help children of all backgrounds, even in the most dangerous places, inspired by our Christian faith.

Come join our 34,000+ staff working in nearly 100 countries and share the joy of transforming vulnerable children’s life stories!

Key Responsibilities:

JOB DESCRIPTION FOR RISK OFFICER

Position:                           Risk Officer

Department:                     Risk  and Compliance Department

Reports to:                       Risk and Compliance Manager

Purpose of the position:

Design and/or implement risk policies and processes for an organization with hands-on development of risk models involving market and credit and operational risk by ensuring controls are operating effectively, and provide research and analytical support.

Education/Experience

Bachelor Degree in Management, economics, Accounting, Finance or business administration with three years’ experience in related field; or Diploma, National Advanced Certificate in Management, economics, Accounting, Finance or business administration with ten years’ experience in related field.

Main Function:

Design and/or implement risk policies and processes for an organizationPerforming, monitoring and evaluation of the likely and current risks in the organizationPerforming and monitoring the implementation of AML/CFT policy and procedures, including customer due diligence, record keeping monitoring, on-going due diligence, reporting of suspicious transactions and combating the financing of terrorismRisk reporting, recommending and enabling the implementation of migration measures

Tasks:

Designing and implementing an overall risk management process for VFR, which includes an analysis of the financial impact on the Institution when risks occur:Performing a risk assessment by analyzing current risks and identifying potential risks that are affecting the company:Performing risk assessment by identifying the ML/TF risks associated with the new products or services or arising from the reporting institution’s operational changes including the client and introduction of new technology and process, geographical location of new branches.Assist in developing policies and processes for identifying, classifying, assessing, monitoring and managing risks.Performing a risk evaluation; Evaluating the company’s previous handling of risks, and comparing potential risks with criteria set out by the company such as costs and legal requirements.Establishing the level of risk, the company are willing to takePreparing risk management and insurance budgetsRisk reporting about the most significant risks to the business; ensuring business heads understand the risk that might affect their departments; ensuring individuals understand their own accountability for individual risksReviewing and recommending aggregate loss limit targets for various risk categories (e.g. loans losses, market losses, operational risk), paying special attention to capital adequacy and liquidity requirementsCreating business continuity plans and mitigation measures to limit risks;Maintaining records of insurance policies and claimsReviewing any new major contracts or internal business proposalsBuilding risk awareness amongst staff by providing support and training within VFR at Head office and branchesAny other task that may be assigned by the supervisor

Knowledge and skills

Analytics skills and an eye for detailCommercial awarenessNumerical skillsPlanning and organizational skillsAbility to understand boarder business issuesPresentation skills

Essential competencies

Result driven: ability to define long term goals that need to be achieved, establish priorities, challenging goals with clear indicators and in the line with VFR vision; anticipate, identify, and effectively deal with problems and risks; plan for contingencies to deal with unexpected challenges, overcome obstacles, accept responsibilities and have high passion for excellence.

; Understands clearly situations and communicates his/her message with clarity to a relevant audience. Listens attentively to others with an open mind and provides feedback. Uses proper channels of communication.

Customer focus: Focuses on customer needs and satisfaction; exhibits high standards for quality and quantity; monitors and maintains own quality and productivity; works in a systematic, methodical and orderly way; achieves department goals.

Working with people; Show respect for the views and contribution of other team members; show empathy, listen, support and care for others; consult others and share information and expertise with them; build team spirit and reconcile conflict; adopt to the team and fits in well.

Adhering to principles and values – Upholds and encourages ethical behavior; demonstrates integrity; encourages individual responsibility towards the community and the environment; models VFR values during everyday interactions

Analyzing and decision making – probes for further information or greater understanding of a problem, makes rational judgements and decisions from the available information and analysis; demonstrates an understanding of how one issue in the team or department may be a part of a much larger system.

Panning and Organizing – adhere to and monitor clearly defined objectives; plans activities and projects well in advance and takes account of possible changing circumstances; identifies and organizes resources needed to accomplish tasks; manages time effectively; monitors team performance against deadlines and milestones.

Applicant Types Accepted:

Local Applicants Only
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