Senior Risk and Compliance

Job Description

Main Duties and Responsibilities:

1. Enterprise Risk Management (ERM):

• Develop, implement, and maintain a comprehensive ERM framework and policy approved by the Board.

  Advertisement

• Facilitate the identification, assessment, and documentation of all key material risks across the company.

• Develop risk mitigation strategies and key risk indicators (KRIs) to monitor risk exposures.

• Prepare and present the company's risk profile and risk management reports to the Management Committee and Board Risk Committee regularly.

2. Regulatory Compliance:

• Develop and maintain a robust compliance management system to ensure adherence to all NBE directives, anti-money laundering (AML) laws, and other relevant regulations.

• Continuously monitor regulatory developments, interpret new directives, and advise management on necessary implementation steps.

• Develop and implement compliance testing programs to assess the effectiveness of controls.

• Act as the designated Money Laundering Reporting Officer (MLRO) and ensure timely reporting to the Financial Intelligence Center (FIC).

3. Credit Risk Management:

• Oversee the development and enforcement of sound credit policies, procedures, and underwriting standards.

• Monitor the quality of the loan portfolio, ensuring timely and adequate loan loss provisioning as per NBE guidelines.

• Analyze portfolio trends and recommend strategies to maintain portfolio health.

4. Operational & Other Risks:

• Manage operational risk, including fraud risk, through effective controls, insurance, and business continuity planning.

• Monitor liquidity risk and ensure compliance with NBE's liquidity ratio requirements.

• Assess strategic and reputational risks.

Job Requirements

Qualifications and Experience:

• Education:  Degree in Finance, Economics, Business Administration, Risk Management, or a related field.

• Experience: Minimum of 5 years of experience in risk management and/or compliance within the Ethiopian financial sector, with at least 1 years in a senior role.

• Expertise: Professional certification such as Financial Risk Manager (FRM), Certified Risk and Compliance Management Professional (CRCMP), or similar is highly desirable.

• Knowledge: Expert-level knowledge of:

• NBE's microfinance directives, especially regarding risk management, capital adequacy, and AML/CFT.

• Enterprise Risk Management frameworks (e.g., COSO ERM).

• Credit risk analysis and portfolio management techniques.

• Skills: Strategic thinker with excellent analytical, decision-making, and communication skills.

How To Apply

Interested candidates should send their resumes along with a cover letter to our HR department at hr.admin@digafcredit.com no later than 10 days. Please specify the position you are applying for in the subject line of your email.