Senior Risk Officer VisionFund Tanzania Microfinance Bank Limited Tanzania
Full-Time
29th September 2023

VisionFund Tanzania Microfinance Bank Ltd (VFT MFB) formerly known as SEDA is a fast growing and reputable Micro Finance Bank (MFB), has a loan book of more than TZS 30 billion and more than 40,000 customer base, more that 5,000 of them being small holder farmers. VFT-MFB is seeking to employ a dynamic and committed Tanzanian young men & women who have passion for people’s economic development to fill in the vacant position detailed here below;

Work reference no. 007/2023

Position: Senior Risk Officer

Supervisor: – Head of Risk and Compliance

 

Responsibility:

  • The purpose of this role is to establish, implement and enforce a robust bank wide Risk Management Framework and systems covering Legal and regulatory. Ensure risks facing the Banks are mitigated to enable the execution of the Banking Business Strategy.

 

Main tasks

  • Design methodology for the overall risk management process for VisionFund Tanzania
  • Analysis of current risks practices for identification of potential risks that may affect the bank operations as well as its employees and other stakeholders
  • Determine the risk appetite of the bank
  • Present of risk execution plans and evidenced reporting
  • Availability of updated risk register
  • Improved understanding of risk and compliance issues at the corporate level

Education/Experience

  • University degree in Law, Business Management, Accounting, Banking or related disciplines with experience in Enterprise Risk Management.
  • Experience with Banking/Financial Institution operation,
  • Enterprise risk management
  • Understanding of risk impact of money laundering to economy and financial systems
  • Strong analytical skills, paying careful attention to detail, and also have an investigation mindset.

Special / Personal Abilities

  • Excellent character and unquestionable integrity
  • Willingness and ability to efficiently work in a team
  • Good oral and written communication skills
  • Must be a self-starter, highly motivated, organized, and detail-oriented
  • Model and demonstrates effective Christian leadership
  • Good knowledge on economic and financial topics and sufficient experience in the loan business of VFT-MFB is an added advantage

 

Special / Personal Abilities

  • Excellent character and unquestionable integrity
  • Willingness and ability to efficiently work in a team
  • Good oral and written communication skills
  • Must be a self-starter, highly motivated, organized, and detail-oriented
  • Model and demonstrate effective Christian leadership
  • Good knowledge on economic and financial topics and sufficient experience in the loan business of VFT-MFB is an added advantage

 

Mode of Application:

Interested and suitably qualified individuals should forward their application letter, attaching copies of their academic and professional certificates; detailed CV’s with three referees to; vftHRstaff@vftz.co.tz.

The position should be the subject of the email application.

OR; through the postal address below:

The Chief Executive Officer,

VisionFund Tanzania Microfinance Bank Limited,

P.O. Box 1546,

Arusha, TANZANIA.

The application should reach the undersigned not later than 29th September 2023.

Application