Career Opportunity: Risk and Compliance Officer at Selcom Microfinance Bank
Selcom Microfinance Bank Tanzania is seeking a confident and self-motivated professional to join their Risk and Compliance team as a Risk and Compliance Officer.
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Position Overview
- Job Title: Risk and Compliance Officer
- Employer: Selcom Microfinance Bank Tanzania
- Department: Risk and Compliance Department
- Posted: 23rd September 2026
- Application Deadline: 29th September 2026
Job Summary
The Risk and Compliance Officer will participate in the identification, assessment, and analysis of all risk types across the bank, supporting the Senior Risk and Compliance Officer in managing risk profiles, key risk indicators, and risk reporting.
Key Responsibilities
- Participate in quarterly and annual risk assessment discussions with each department to identify and analyze risk types across the bank.
- Implement the Risk and Compliance unit plan based on business objectives and provide assurance on the effectiveness of internal controls.
- Assist Senior Risk and Compliance Officers in evaluating risk, determining areas of highest exposure, and implementing mitigating controls.
- Perform AML risk assessments in accordance with the bank's AML/KYC policy.
- Conduct monitoring reviews of key risk areas including AML, KYC, account opening, dormant account reactivations, agent banking, and mobile banking.
- Conduct staff training on AML/KYC regulatory requirements to build a risk-aware culture.
- Carry out review assignments independently with minimum supervision in accordance with risk and compliance procedures.
- Conduct counterparty risk assessments before onboarding new counterparties and continuously monitor their performance.
- Follow up on the closure of issues raised in external audit/examination reports and internal audit reports.
Requirements & Qualifications
- Experience: Minimum of 2 years working in a bank within departments such as Risk and Compliance, audit, or related fields.
- Education: At least a Bachelor’s degree, ideally focusing on Accounting, Business Administration, Finance, or Risk Management.
- Professional Qualifications: Professional qualifications like risk management, compliance, CAMS, or CFE serve as an added advantage.
- Key Competencies: High integrity, honesty, independence, strong ability to prioritize tasks based on operational and strategic goals, and a continuous willingness to learn.
- Technical Knowledge: Substantial understanding of audit/risk management methodologies and regulatory requirements related to information security, privacy, and/or data security.
How to Apply
Interested candidates who meet the requirements should send their application letter and CV to the official email address:
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