Senior Risk and Compliance Officer (Re-Advertised)

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Kebronhill Microfinance Institution S.C. (KHMFI) pioneers accessible financial services, merging vision with action. Licensed by the National Bank of Ethiopia (MFI/071/2024) under Proclamation No. 626/2009, we champion community upliftment by blending profitability with social impact. Committed to regulatory integrity, we welcome Ethiopians, foreign nationals of Ethiopian origin, and organizations to join our journey. With a focus on innovation and inclusivity, KHMFI leads microfinance excellence, empowering individuals for a brighter future.

Position: Senior Risk and Compliance Officer

Place of Work: Head Office, Addis Ababa

Terms of Employment: Permanent

Salary: As per the institution's salary scale

Closing Date: June 1, 2026

Specific Duties and Responsibilities

• Prepare and implement the institution's risk management plan, ensuring effective identification, measurement, control, and monitoring of risks across all operations
• Proactively identify, analyze, and evaluate enterprise-wide risks, including credit, operational, liquidity, fraud, and compliance risks
• Develop, update, and maintain the enterprise-wide risk register, ensuring alignment with the institution's risk appetite, tolerances, and branch level risk ratings
• Conduct periodic and comprehensive branch risk assessments to verify the effectiveness of internal controls, cash management practices, documentation gap, client complaints, field staff risk exposure and operational procedures
• Frequently visit branches to identify gaps and support capacity building in understanding policies, procedures, rules, and regulations
• Evaluate branch and product level risks, with special attention to high risk operations and new product introductions
• Follow up on corrective actions and risk mitigation plans with responsible units to ensure timely implementation and adherence to institutional standards
• Provide actionable recommendations and risk control measures to management and risk owners, supported by clear action plans
• Ensure institutional compliance with NBE Microfinance Directives and strictly adhere to internal policies, operational procedures, credit processes, internal control frameworks, and ethical conduct standards
• Monitor and enforce compliance with AML/CFT laws and reporting requirements, ensuring timely identification and escalation of suspicious activities
• Conduct daily AML assessments and monitor money transfer reports for potential suspicious transactions; prepare reports for submission to the Financial Intelligence Centre (FIC)
• Participate in developing, reviewing, and updating compliance related policies, operational manuals, and guidelines to ensure regulatory alignment
• Identify systemic procedural weaknesses and recommend improvements, including additional training needs
• Ensure internal control procedures remain updated with applicable laws and directives, and communicate regulatory changes to relevant stakeholders
• Prepare high quality weekly, bi-weekly, monthly, quarterly, and ad hoc Risk & Compliance reports for senior management, the Board Risk Committee, and the FIC
• Report significant risk events, compliance breaches, fraud indicators, operational losses, and regulatory violations in a timely manner
• Track and analyze trends in PAR, write-offs, operational loss events, reputational risks, liquidity stress, and compliance gaps, providing actionable recommendations
• Maintain complete and well-organized documentation for all risk assessments, compliance reviews, findings, follow-up actions and regulatory correspondence
• Perform other related duties as assigned by the immediate supervisor

Education & Experience

• MSc./MBA/BA degree in management, economics and finance or related field
• A minimum of 4/6 years of relevant work experience preferably in MFI

Technical and Other Skills

• Knowledge of risk management methodologies
• Strong analytical and investigation skills
• Excellent report writing and communication abilities
• High integrity, confidentiality, and professionalism
• Ability to work independently and meet deadlines
• Ability to work effectively with others at all levels
• Proficiency in MS Office

Required Skills

• Oral and written communication
• Risk management
• Analytical skills
• Microsoft Office Pack: Word, Excel, Access, Publisher, Outlook, PowerPoint
• Report writing skill

How to Apply

Qualified candidates should submit their CV, cover letter, credentials and three professional references to: HR@kebronmfi.com

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