VISIONFUND TANZANIA MICROFINANCE BANK LTD

VACANCIES.

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 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 demonstrates effective Christian leadership
Good knowledge on economic and financial topics and sufficient experience in the loan business of VFT-MFB is added advantage