Descriptions
SUMMARY
OVERVIEW
Job Description A CAREER ADVANCING FINANCIAL INCLUSION: ABOUT FINCA IMPACT FINANCE FINCA Impact Finance believes all people should have the opportunity to leverage their wisdom, talent and effort to determine their own destiny. Our worldwide network of full-service banks and microfinance institutions are grounded in the conviction that inclusive finance is critical to bringing people out of poverty. FINCA sets standards for the microfinance industry, constantly innovating and developing new products and services that help our customers achieve their dreams. Millions of entrepreneurs rely on FINCA’s commitment to customer protection and an unmatched customer experience to build a better future for themselves, their families, and their communities. FINCA Impact Finance’s global network of microfinance institutions and banks provides responsible financial services and enables low-income entrepreneurs and small business owners to invest in their future. With 40 years of experience and a mostly local staff of nearly 5,000, FINCA delivers a double bottom line of social impact and profitability. We hire people from a wide variety of backgrounds at all career stages to fully connect with [...]
REQUIREMENTS
- and in coordination with functional heads, the Head of Risk Management will manage and monitor control activities and recommend corrective actions to remediate identified control deficiencies.
- S/he will also develop work plans in coordination with Management that are aligned with the subsidiary’s strategic and operational objectives and any
REQUIREMENTS
- of external governance bodies.
- ESSENTIAL DUTIES Specific duties and
RESPONSIBILITIES
- include but are not limited to: Promote and continuously improve Risk culture in the organization, Support Management to develop the Risk Appetite framework, Monitor and analyse external and internal events to understand and assess the overall Risk profile adequately, Support business in developing appropriate Risk Management strategies/tools and disseminating appropriate risk management practices in line with developments in the market/industry, laws, regulations, etc, Overseeing and enforcing risk management policies and established risk limits to close significant gaps in risk management capabilities (policy monitoring), Conduct analysis of operations of the subsidiary to identify risks and make recommendations for preventive actions, Timely investigation, analysis, and reporting of compliance issues and/or instances of fraud which can negatively affect the Company’s operations and reputation, Manage evaluation of the possible risks (including third-party risks associated with vendor selection and management, as applicable) for the proposed new products, procedures, and functions, set up and manage internal control tools and instruments during implementation, Support the implementation and execution of the
RESPONSIBILITIES
- and activities articulated in the FINCA Internal Control Manual, Implement and support AML/KYC compliance and Fraud management directives, Manage control activities and reporting of the subsidiary, including the monitoring and reporting of progress against corrective action plans that address control deficiencies/findings identified by management self-assessment or internal/external audit activities, Providing an independent view of proposed business plans and appropriate reporting on risks identified to the Management, Support Management in ensuring compliance of [...]
HOW TO APPLY
Use the application link below to open the official application form.
