Agricultural Finance Company Holdings (AFC)

Risk and Compliance Officer

Insurance Jobs
Salary
TBA

Job Description

RISK & COMPLIANCE OFFICER
ROLE PROFILE
AFC Land & Development Bank, a subsidiary of AFC Holdings seeks to recruit a Risk & Compliance Officer.
The successful candidate will be responsible for assisting in handling risk and compliance matters within the institution.

Duties and Responsibilities

Duties and Responsibilities
o In conjunction with management, facilitate the identification, assessment, monitoring and reporting of all risks and compliance matters in line with policy, regulatory requirements and updating outcomes in the risk registers.
• Creating awareness on risk management and compliance to facilitate embedment of a risk-conscious culture across the Bank.
• Enforcing implementation and compliance to internal policies, practices, and procedures; regulatory standards, best practices, and any other relevant standards. o Capturing, measuring, evaluating, and reporting on risk-taking activities.
• Researching the best market practices, emerging risks, and market developments to enhance the Bank's operations or that threaten the Bank's business.
• Directly engaging with Group functions on risk, audit and compliance matters, policies, and other pertinent issues with an impact on the operations of the Bank
• Implementation and monitoring of the IFRS 9 model within the Bank
• Playing an independent monitoring and self-assurance role to support the first line risk taking functions within the Bank.
• Ensuring credit lending standards and processes are being adhered to by providing regular reviews, spot checks and self-assurance activities.
• Keep abreast with the applicable laws, regulations, rules and standards in the risk & compliance fraternity and advice on the emerging developments of the same.
• Engaging closely with relevant external bodies and regulators on risk and compliance matters.

Qualifications and Experience

Qualifications and Experience
• A Degree in Risk Management/ Business Management/ Banking and Finance or equivalent.
• Post graduate certificate or diploma in Risk Management / Assurance related qualification will be an added advantage.
• Experience and exposure to risk, compliance, or audit environment.
• Knowledge of all facets of Risk Management.
• At least 3 years of working experience in risk or compliance role.
The Bank is seeking an individual who is meticulous, self-conscious and risk oriented with a flair and demonstrated experience in dealing with risk matters.

How to Apply

Applications together with copies of detailed CVs should be emailed to careers@afcholdings.co.zw by not later than 5 June 2024, clearly indicating the position you are applying for as your E-mail Subject Reference.