Risk and Compliance Manager

VisionFund Kenya Limited is a Christian Microfinance Institution founded by World Vision. Its mission is to empower vulnerable children and communities through sustainable financial inclusion and economic empowerment solutions. The organization is committed to integrity, stewardship, innovation, and excellence in service delivery.

VisionFund Kenya, a Christian Microfinance Institution established by World Vision, aims to empower vulnerable communities through sustainable financial inclusion. The organization upholds values of integrity, stewardship, innovation, and service excellence. The Risk & Compliance Manager is responsible for developing, implementing, and maintaining a comprehensive Risk and Compliance Framework within VisionFund Kenya. This involves identifying, assessing, mitigating, and monitoring operational, credit, and regulatory risks to protect the institution's integrity, foster a strong risk-aware culture, and ensure adherence to all legal and regulatory standards while supporting business growth.

1. Lead the development and implementation of operational and credit risk management frameworks across all branches and departments.
2. Supervise fraud prevention initiatives, ensure adherence to internal controls, and conduct investigations into any irregularities.
3. Perform risk reviews for branches and credit portfolios, analyzing root causes of credit losses.
4. Create and maintain a comprehensive organizational Risk Management and Compliance Framework, ensuring alignment with regulatory, donor, and VisionFund International standards.
5. Act as the Money Laundering Reporting Officer (MLRO) and facilitate communication with regulatory bodies under the CEO's direction.
6. Ensure full compliance with Anti-Money Laundering/Counter-Financing of Terrorism (AML/CFT), Data Protection, Digital Credit Providers Regulations, and Unclaimed Financial Assets requirements.
7. Formulate annual work plans and budgets for risk and compliance activities.
8. Generate and present quarterly risk and compliance reports to the Board Risk & Audit Committee and VisionFund International.
9. Monitor the progress of internal audit recommendations and ensure their prompt resolution.
10. Design and deliver risk and compliance training programs for all staff members.
11. Establish and support risk champions within branches and departments to promote a culture of risk ownership.
12. Undertake additional duties as assigned by the CEO, including special projects and strategic risk assessments.

1. Hold a Bachelor’s degree in Business, Finance, Accounting, or a related discipline; a professional certification such as CPA, ACCA, CIA, CISA, or CRMA is highly desirable.
2. Possess a minimum of five years of experience in Risk, Compliance, or Internal Audit, specifically within the Microfinance or broader Financial Services sector.
3. Demonstrate proven expertise in assessing credit risk, implementing operational risk controls, and ensuring regulatory compliance.
4. Exhibit strong leadership capabilities, excellent analytical skills, effective communication, and the ability to influence stakeholders.
5. Maintain high levels of integrity, pay meticulous attention to detail, and be capable of balancing compliance requirements with strategic business objectives.