Risk and Compliance Assistant

BOLIBA SAVINGS AND CREDIT AJob Title: Risk and Compliance Assistant JOB SUMMARY: Under the direct supervision of Legal, Risk and Compliance Manager, the Risk and Compliance Assistant shall be responsible for compilation, submission, maintaining a register of submission dates and submitted Returns. He/she will participate in New Policies formulation and Draft, Existing policies Reviews, and policy enforcement. He/she will be the Internal Liaison Personnel between departments and Legal, Risk and Compliance Office. MAIN DUTIES: • He/she will liaise with reporting departments to submit reports and compile and submit monthly reports. • He/she shall be responsible for sourcing requested information and ensuring that request for information letters from Law Enforcement Agencies are promptly responded to within the determined departmental turnaround time. • He/she shall manage the filing of all correspondence originating from the department and ensure easy retrieval in case of need • He/she shall produce typed documents per draft by LRCM, keep register of all internal and external complaints received by the department for ease of reference and retrieval • He/she will be responsible for the general administration of the department according to LRCM instruction. • He/she will conduct planned periodic checks across BSC to monitor compliance to policies, laws, Regulations and sundry directives of the Regulator(s) in the spirit of enforcing a culture of voluntary compliance. Will be instrumental in liaising with operations. • He/she will ensure that the status of KYC and documents retention improves. He/she will be responsible for any other assignments as may be determined necessary from time to time by the LRCM. SKILLS AND ABILITIES • Appreciation of accounting principles, analysis of financial reports, • Numerical proficiency and attention to detail • Computer literacy with proficiency in excel, word and power point. • Demonstrate understanding of Financial Institution regulatory environment • Good spoken and written English language • Good report writing skills and filing • Presentation skills (concision and precision) PERSONAL ATTRIBUTES: • Attention to detail and inquisitive) • Team player and responsible • Honesty, dependable, disciplined and hardworking • Ability to manage work pressure and meet deadlines • Decency of conduct and respect for others • Work independently with minimal supervision MINIMUM REQUIREMENTS: • Diploma in Banking, or Business Administration • Minimum 2 years working experience in Banking, Insurance, Insurance Brokerage, Money Lenders. To Apply: Applicants are to submit a COVERING LETTER, COMPREHENSIVE CV and CERTIFIED COPIES OF EDUCATIONAL CERTIFICATES to: The Human Resources Manager, Private BagA328 Maseru 100 or email to vacancies@boliba.co.ls NOTE: > Only short-listed candidates will be contacted > The closing date for receiving full applications is the 03rd August 2023 @ 12:00hrs > Applications received after the closing date will not be considered > All shortlisted individuals shall be subjected to vetting of character > Selection interviews will be at a date, time and place determined by the BSC. BSC reserves the right to leave an advertised position unfilled if no suitable candidate is identified.