Senior Risk and Compliance Officer , Mwalimu Commercial Bank (PLC)

Mwalimu Commercial Bank PLC (In-Formation) is a new bank licensed by the Bank of Tanzania to operate as a commercial bank, and is in its final stages of setting up operations. The major shareholders of the bank include Tanzania Teachers; Union(TTU), Teacher’s Development Company Limited (TDCL), PublicService Pension Fund (PSPF) and the National Insurance Fund (NHIF).MCB is now seeking to recruit the following vacant positions:-

4. Senior Risk and Compliance Officer (1 Position)

Job Purpose:

Reporting to the Manager of Risk and Compliance, Senior Risk and Compliance Officer will be accountable for uploading the Bank's values of being innovative, effective risk management, low cost services, responsiveness, leadership, committed, integrity, motivated and teamwork. Embedding and integrating Risk Management techniques into the business entities ..

Key Responsibilities:

Shall include but not limited to the following;
• Assess Monitoring of application and compliance of security operations procedures.
• Assess information systems for actual or potential breaches in security.
• Ensures that all identified breaches in security' are promptly and thoroughly investigated.
• Assess whether any system changes required to maintain security are implemented.
• Assess whether Organizations business continuity plan is well followed and practiced.
• Co-ordination of the risk management at business entity level.
• Review day to day activities of the Bank as determined in the Risk Management Plan.
• Ensure business value is derived from risk management.
• Assists defining policy for distributing and offsetting these risks, and work to communicate bank's vision so that individuals understand and support it.
• Assist in reviewing the adequacy of controls established to ensure compliance with policies, plans, procedures and business objective.
Minimum Qualifications:
• University Degree or equivalent qualifications in Business
• Administration, Banking, Accounting, Finance, Economics or related discipline; .
• Possess at least 7 years of working experience in the banking sector with at least five (5) in the senior management on related field. .
• Competent in systems development and implementation compliance issues
• Professional qualifications in a related field such as ACCA, CPA and certification on Risk Management will be an added advantage

APPLICATION INSTRUCTIONS:

If you meet above requirements, please send your cover letter (clearly indicating preferred position) and latest Curriculum Vitae (You should not attach copies of certificates or transcripts) through APPLY NOW below or by post office mentioned below to reach us by Wednesday 23rd March 2016.

Only shortlisted candidates will be contacted.

Write to:

The Chief Executive Officer,

Mwalimu Commercial Bank Plc (In-Foramtion),

P.O. Box 61002, dar es Salaam,

Tel: +255 222775131