Microfinance Risk and Compliance Officer Jobs in Kenya

Microfinance Risk and Compliance Officer Jobs in Kenya

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 carry out risk assessments and advice on areas of improvement.

    Key Accountabilities

  • Assist in the documentation and review of Operational Risk Management Policy (ORM) and operating framework / procedures.

  • Support the implementation of the bank wide Operational Risk Management Policy (ORM) strategy, policy and framework

  • Work with respective unit heads to drive the development and execution of the Business Continuity Plans (BCP) and operational risk and implement effective control measures and monitoring plans for compliance and operational risk management.

  • Monitor adherence to compliance, Anti Money Laundering ( AML) and know your client (KYC) standards

  • Identify gaps, plans and designs, coordinate the implementation of comprehensive credit training, operational risk and compliance programs in consultation with HR Talent & learning Centre and Risk Division.

  • Coordinate the implementation of agreed action plans, tracking and timely closure of identified credit audit and operational risk issues.

  • Provide regular status updates including progress, top risks and issues to the respective departments.

  • Identify and monitor risks for all the Bank’s projects;

  • Work with ICT to assist with sharing of risk profiles, advising on cyber risk issues and addressing areas of concern.

  • Carry out training for Bank staff with regard to Operational Risk Management.

  • Conduct internal AML and KYC trainings as provided by CBK prudential guidelines.

  • Facilitate the documentation and review of branch and departmental risk registers

  • Support the development of and manage processes to identify and evaluate business areas’ risks and risk and control self-assessments. These include snap checks and other management monitoring checks / toolkits.

  • Coordinate the process of developing risk policies
    and procedures, risk limits and approval authorities.

  • Conduct and monitor the risk and control assessment reporting process as well as maintain management reports, follow up on issues identified for conclusive resolution

  • To perform any other duties as assigned in line with the organization goals and objectives.


  • Bachelor’s degree in Commerce, Economics, Business Administration or related field

  • At least 3 years’ experience in a bank or financial institution.

  • At least CPA Part two (2) Sec. Four (4).

  • Certification in risk management is desirable

  • Experience in operational risk management is desirable

  • Knowledgeable in all aspects of Operational Risk Management and have working knowledge of banking operations

  • AML/CFT knowledge is a must.

    Job Related Skills

  • Must be able to work independently with good interpersonal and project management skills.

  • A matured self-starter, self-motivated, meticulous and committed individual.

  • Analytical

  • Attention to detail

  • High level of accuracy with the ability to work with fixed deadlines

  • Visits to branches and other business units.

    How to apply

  • Qualified candidates to apply via email

  • jobs@careermanagementcentre.com and

  • cc rachaelkiarie3@gmail.com clearly indicating the position they are applying for on the email subject as “Risk Compliance Officer” by COB 10th August 2021.

  • Due to the urgency, application will be reviewed as they come in.

  • NB: Only short-listed candidates will be contacted.

  • Career Management is a proud equal opportunity Employer and does not discriminate the applicants on any basis.

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