Premier Credit Limited is a credit only institution regulated by (UMRA) currently under the Ministry of Finance, Planning and Economic Development (MoFPED) with outreach across the country and wishes to recruit a high caliber, results oriented, experienced, and highly skilled Risk and compliance professional for the position of Risk and Compliance Officer.

Reporting Line: To the Risk and Compliance Manager

Duties & Responsibilities

The ideal candidate will implement the institutional Risk & Compliance functions in line with the institutional business growth set objectives through carrying out investigations in respect to cases of antiregulatory conduct by undertaking approved measures and activities to promote compliance by the operators to the prevailing laws and regulations. Among the Key duties and responsibilities includes;

• Evaluate adherence to the key policies, processes and procedures of all products.
• Document and communicate identified gaps and recommendations to the Compliance Manager
• Follow up on implementations of corrective actions with Management.
• Support in implementing the Branch Review Work plan developed by Group Risk and the Compliance function
• Conduct any other review requests by the Compliance
• Ensure process owners maintain up to date product manuals for all existing products
• Maintain an up-to-date product manual register
• Support on monthly review and follow up for closure of the implementation of the ESMS in the subsidiary
• Prepare and share the ACR report to the Compliance Manager for approval
• Document and communicate identified gaps and recommendations to management.
• Follow up on implementations of corrective actions
• Maintain an updated fraud register, ensure its completeness and present a monthly and Quarterly fraud report
• Ensure process owners maintain up-to date Risk Registers including Fraud risk investigation and register.
• Support and conduct trainings on policies as per the Annual Training Plan developed by Group Risk & Compliance function
• Support and conduct induction trainings for new employees on policies applicable to their role
• Any other roles and responsibilities as required by the position

Requirements

• A Bachelor’s Degree in any discipline from a recognized institution with over 1 years’ experience preferably from microfinance institution. A compliance qualification will be an added advantage
• A commitment to high standards of professionalism and confidentiality

Preferred Skills and Competencies

• Integrity
• Information Management skills
• Good report writing & presentation skills
• Legal enforcement & Business Alignment
• Strong Analytical, drafting and negotiation skills

• Evaluate adherence to the key policies, processes and procedures of all products.
• Document and communicate identified gaps and recommendations to the Compliance Manager
• Follow up on implementations of corrective actions with Management.
• Support in implementing the Branch Review Work plan developed by Group Risk and the Compliance function
• Conduct any other review requests by the Compliance
• Ensure process owners maintain up to date product manuals for all existing products
• Maintain an up-to-date product manual register
• Support on monthly review and follow up for closure of the implementation of the ESMS in the subsidiary
• Prepare and share the ACR report to the Compliance Manager for approval
• Document and communicate identified gaps and recommendations to management.
• Follow up on implementations of corrective actions
• Maintain an updated fraud register, ensure its completeness and present a monthly and Quarterly fraud report
• Ensure process owners maintain up-to date Risk Registers including Fraud risk investigation and register.
• Support and conduct trainings on policies as per the Annual Training Plan developed by Group Risk & Compliance function
• Support and conduct induction trainings for new employees on policies applicable to their role
• Any other roles and responsibilities as required by the position

• Integrity
• Information Management skills
• Good report writing & presentation skills
• Legal enforcement & Business Alignment
• Strong Analytical, drafting and negotiation skills

• A Bachelor’s Degree in any discipline from a recognized institution with over 1 years’ experience preferably from microfinance institution. A compliance qualification will be an added advantage
• A commitment to high standards of professionalism and confidentiality