Position: Risk Manager
Job Ref: HR: 012/06/2013 : 1 Vacancy
Faulu Kenya Deposit Taking Microfinance Limited is a dynamic Christian organization within the Micro-Finance sector.
Faulu was the first Micro Finance Institution in Kenya to be licensed by the Central Bank as a deposit taking institution.
In line with the growing business needs, the organization is seeking
highly competent, focused and results oriented professional to fill the
following position in our Risk Department;
Job Summary:
Working closely with the Head of Risk .
The job holder is responsible for managing
the risk to the organization, its employees, customers, reputation,
assets and interests of stakeholders.
He/she will review a variety of sectors and not limited to enterprise
risk, corporate governance, regulatory and operational risk, business
continuity, information and security risk, technology risk, and market
and credit risk.
Key Responsibilities
Perform Risk evaluation for the business.
Assist in preparation of risk registers for all business units.
Provide input for risk reports for presentation to management, Board’s etc
Report on risk analysis where threats are identified through risk
assessment and identification and advice on risk mitigation plans of
identified risks.
Create risk awareness to managers and staff on risks relevant to their
units and at individual level to enhance understanding of their
accountability for their unit risks.
Providing support, education and training to staff to build risk awareness within the organization.
Assist in Preparation of risk reports for stakeholders both internal and external.
Advice on and ensure implementation of health and safety measures and
making business continuity plans to limit risks and prepare for if
things go wrong.
Conduct reviews/audits of policy and compliance to standards/regulatory
requirements which may include liaison with internal and external
auditors /regulators. Ensure there is adherence to statutory and
reporting requirements.
Assist in developing policy, procedure and systems for the department,
including documentation where necessary, revise operations, accounting,
procurement, HR and MIS manuals in order to ensure they cover all
possible risks to company.
Ensure appropriate controls and procedures are established in the key departments of organization.
Regularly inspect company records and transactions and evolve scrutiny
methodology that ensures compliance and sets standards to be adhered to.
Keep abreast with latest developments in the micro finance, banking,
audit and accounting fields with a view to enhancing Risk function as a
key contributor to company strategy.
Qualifications & Experience
Bachelor degree in business or Finance with a Masters degree in Finance or management.
CPA (K)/ ACCA qualification added advantage
CISA & Risk management qualifications an added advantage
Minimum 3 years’ experience in a Management position.
Broad knowledge of the key business functions of the industry and operations.
Thorough knowledge of financial services/Micro finance industry policies
and regulatory requirements as relates to MFI institutions.
Advanced leadership & communication skills
Ability to institute new, revolutionary ways of strategic business approaches, risk management and control practices.
Persistence, eye for detail and ability to complete projects within strict deadlines
Strong Christian values, commitment and passion for the transformation
of the low income population are key requirements for this position.
If you meet the specified criteria, send your application letter and
updated CV (including 3 referees, one of whom must be a spiritual
leader) to the undersigned through the e-mail address below (with the
Job Ref as email and application subject):
Head of Human Resources
Faulu Kenya Limited
P.O Box 60240 – 00200
Nairobi
Email: excitingcareers@faulukenya.com
Applications should reach us on or before 26th June, 2013. Only shortlisted candidates will be contacted.