Job Description

Senior Risk and Compliance Officer

Brief Summary

We are seeking an experienced Senior Risk and Compliance Officer to join our team. The successful candidate will be responsible for developing, implementing, and maintaining a comprehensive risk management and compliance framework that aligns with the organization’s strategic objectives and regulatory requirements. This is a senior leadership role that requires strong technical expertise, excellent communication skills, and the ability to influence stakeholders at all levels of the organization.

Key Responsibilities

• Develop and implement risk management and compliance policies, procedures, and guidelines to ensure adherence to regulatory requirements and industry best practices
• Conduct risk assessments and identify potential risks that could impact the organization’s operations, financial performance, and reputation
• Design and implement effective risk mitigation strategies and controls to minimize potential risks and ensure compliance with regulatory requirements
• Provide guidance and training to employees on risk management and compliance matters, and promote a culture of risk awareness and compliance throughout the organization
• Monitor and report on compliance with regulatory requirements, internal policies, and procedures, and identify areas for improvement
• Collaborate with internal audit and external auditors to ensure that risk management and compliance processes are effective and aligned with industry best practices
• Stay up-to-date with changes in regulatory requirements, industry trends, and best practices, and advise the organization on the implications of these changes

Requirements

• Bachelor’s degree in a relevant field such as Law, Business Administration, Accounting, or Finance, from a recognized Ethiopian university
• Minimum of 5 years of experience in risk management and compliance, preferably in a banking, insurance, or financial services environment
• Professional certification in risk management or compliance, such as CRMA, CCEP, or similar, is an added advantage
• Strong knowledge of Ethiopian regulatory requirements, including the National Bank of Ethiopia’s regulations and directives
• Excellent communication, interpersonal, and analytical skills, with the ability to influence stakeholders at all levels of the organization
• Strong technical expertise in risk management and compliance, with the ability to design and implement effective risk mitigation strategies and controls
• Fluency in English and Amharic, with excellent written and verbal communication skills
• Ability to work in a fast-paced environment, with multiple priorities and deadlines, and to maintain confidentiality and handle sensitive information with discretion