Head of Risk Management and Compliance at FINCA Tanzania

Head of Risk Management and Compliance at FINCA Tanzania

Head of Risk Management and Compliance

FINCA Tanzania

Job Overview

FINCA Tanzania is seeking a highly qualified and experienced Head of Risk Management and Compliance to join its corporate team in Dar es Salaam. The primary purpose of this role is to establish, implement, and enforce a robust risk management framework and internal control systems across the institution in alignment with Central Bank guidelines and FINCA’s Risk Appetite framework. Reporting to Management and the Board of Directors, the Head of Risk Management will oversee risk identification, fraud management, AML/KYC compliance, and operational controls to ensure long-term stability and regulatory compliance.

Key Information

• Company: FINCA Tanzania (FINCA Impact Finance)

• Department: Corporate Risk Management

• Job Location: Dar es Salaam, Tanzania

• Closing Date: October 18, 2026

Key Responsibilities

• Risk Culture & Strategy: Promote a strong risk culture; assist Management in developing the Risk Appetite framework and align risk strategies with evolving market trends, laws, and Central Bank guidelines.

• Policy Oversight & Governance: Oversee and enforce risk management policies, set internal control tools, and ensure full compliance with the FINCA Internal Control Manual and organizational charters.

• Incident & Fraud Management: Lead timely investigations into compliance issues and fraud incidents; enforce strict AML/KYC directives and implement fraud prevention strategies.

• Product & Third-Party Risk Assessment: Evaluate inherent risks associated with new financial products, operational procedures, and third-party vendor relationships.

• Control Activities & Reporting: Monitor corrective action plans addressing internal/external audit findings; prepare detailed quarterly risk reports for subsidiary management and Board committees.

• Regulatory & Branch Reviews: Conduct periodic reviews of branch operational and credit processes; evaluate regulatory documentation for completeness and accuracy.

• Team Leadership & Development: Supervise, mentor, and build capacity among Risk Management and Internal Control staff, fostering continuous professional development.

Qualifications & Experience

• Education: Bachelor’s degree in Business Administration, Finance, Economics, Management, or a related field (an advanced/graduate-level degree is highly desirable).

• Certifications: Additional professional qualification or certification in Risk Management, AML/KYC compliance, or Internal Controls is preferred.

• Work Experience: Minimum of 7+ years of practical banking and/or microfinance operations experience across credit, audit, operations, risk management, or internal controls.

• Leadership Experience: Proven track record in team leadership, managing projects, or leading cross-functional/virtual teams.

Core Competencies & Skills

• Risk & Control Frameworks: Deep understanding of Enterprise Risk Management (ERM) and internal control systems (e.g., COSO framework).

• Analytical & Critical Thinking: Exceptional capability to translate complex operational and market data into strategic risk insights.

• Business Acumen & Strategy: Strong grasp of financial business models to set realistic risk tolerances and support business growth safely.

• Communication & Executive Presence: Superior executive writing, reporting, and verbal communication skills in English; ability to engage effectively with Board members and senior executives.

• Mobility: Willingness and availability to travel as required by operational needs.

How to Apply

Qualified candidates interested in joining FINCA Tanzania should submit their application materials online or before the stated deadline.

CLICK HERE TO APPLY

• Application Deadline: October 18, 2026