World Vision Tanzania is seeking a Risk and Compliance Officer in Arusha to oversee regulatory compliance, enterprise risk management, anti-money laundering controls, fraud monitoring, physical security, and staff training across regional business centers.
Responsibilities
- Ensure compliance with VisionFund Tanzania Microfinance Bank and regulatory policies at business centers within the region
- Implement the compliance monitoring plan with the Compliance Manager
- Monitor and report policy, procedure, legal, and regulatory violations
- Train staff on bank policies, procedures, legal requirements, anti-money laundering, risk, physical security, and safety matters
- Report staff violations of KYC requirements
- Advise the bank on compliance with operational, local, legal, and regulatory requirements
- Review and report operational non-compliance issues, including data input, reconciliation, abnormal approvals, and withdrawals
- Monitor implementation of internal audit, external audit, regulatory, risk, and compliance review findings
- Conduct portfolio and compliance reviews for branches and loan officers with unacceptable PAR levels
- Analyze branch report trends to detect operational anomalies and fraud
- Report confirmed and potential fraudulent activities and monitor fraud recovery
- Assist with risk identification, risk register updates, monitoring, and reporting
- Monitor and report risk incidents and emerging risks
- Vet loans with more than 120 days in arrears
- Report untraceable clients on a weekly or monthly basis
- Monitor money laundering issues and recommend anti-money laundering enforcement measures
- Review the AML policy and related procedures
- Maintain an updated register of politically exposed persons
- Test internal risk, compliance, and security controls
- Act as the focal person for physical security and health matters at the regional business center
- Assess offices for physical security and health gaps
- Prepare monthly compliance review reports and quarterly action plan documentation
- Communicate compliance issues to Business Center Managers
- Perform other duties assigned by the supervisor
Requirements
- Bachelor's degree in Law, Information and Communication Technology, Business Management, Banking, or a related field
- Banking and financial institution operations knowledge
- Enterprise risk management knowledge
- Anti-money laundering and KYC knowledge
- Regulatory compliance knowledge, including BOT, FIU, TRA, company, and labour requirements
- Risk analysis, fraud detection, investigation, and reporting skills
- Training and staff communication skills
- Strong analytical, planning, organizational, and problem-solving skills
- Microsoft Office proficiency
- Integrity, ethical conduct, reliability, attention to detail, motivation, and teamwork
- Commitment to Christian values
