VISIONFUND TANZANIA MICROFINANCE BANK LTD

VISIONFUND TANZANIA MICROFINANCE BANK LTD

VACANCIES

VisionFund Tanzania Microfinance Bank Ltd (VFT MFB) formerly known as SEDA is a fast growing and reputable Micro Finance Bank (MFB), has a loan book of TZs. 17 billion and 30,000 customer base, more that 5,000 of them being small holder farmers. VFT-MFB is seeking to employ a dynamic and committed Tanzanian young men & women who have passion for people’s economic development to fill in the vacant positions detailed here below;

Work reference no. 026/22

Position: Senior Compliance Officer

Reporting to: Head of Risk and Compliance

Responsibility:

• The purpose of this role is to establish, implement and enforce a robust bank wide Compliance Risk Management Framework and systems (policies, processes and tools) covering Legal and regulatory compliance and AML Compliance. Ensure compliance with Bank’s policies, guidelines & procedures; Banking and Financial Institutions Act, BOT Regulations and other regulatory directives; Anti Money Laundering Act, Anti Money Laundering Regulations and Guidelines. Ensuring that the Bank is not used as a conduit by money launderers and or terrorism financiers and also to protect the integrity of the Bank

Main tasks

• Compliance monitoring and implementation of corrective actions
• Enhanced internal control over bleach of internal and regulatory requirement
• Compliance Review Documentation and Reporting
• Presence of standard documents and reporting templates
• Physical Security and Training
• Awareness of physical security matters
• Supervise Risk and Compliance Officers

Education/Experience

• University degree in Law, Business Management, Banking or related disciplines with knowledge on compliance software/applications
• Experience with Banking/Financial Institution operation,
• Enterprise risk management
• Understanding of impacts of money laundering to economy and on financial systems
• Strong analytical skills, paying careful and particular attention to detail, and also have an investigative mindset

Special / Personal Abilities

Achieving Capabilities:

• Achieving quality results & service. Practicing accountability & integrity. Communicating information effectively.

Thinking Capabilities:

• Thinking clearly, deeply and broadly. Understanding the Microfinance Industry. Understanding Vision Fund mission and operations.

Self-Managing Capabilities:

• Demonstrating Christian values in life and work. Learning for growth and development. Maintaining work/life balance and effectiveness.

Relational Capabilities:

• Building collaborative relationships. Practicing gender and cultural diversity. Influencing individuals and groups.

About our working environment & remuneration. 

• VisionFund Tanzania Microfinance Bank has a calm and harmonious working environment where staffs are highly valued. Good work is recognized and rewarded accordingly and there is an opportunity to grow professionally and spiritually.

Mode of Application:

• Interested and suitably qualified individuals should forward their application letter, attaching copies of their academic and professional certificates; detailed CV’s with three referees to vftHRstaff@vftz.co.tz.The position should be the subject of the email application. OR through the postal address below.
• The Chief Executive Officer, VisionFund Tanzania Microfinance Bank Limited
• P.O. Box 1546, Arusha TANZANIA.
• The application should reach the undersigned not later than 23rd December 2022
• N.B.  Only short-listed candidates will be contacted

 Disclaimer

• VisionFund Tanzania Microfinance Bank would like to inform the general public that it has not engaged any consultant/agent to conduct recruitment on its behalf.

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