Exciting Career Opportunity at the Rwanda Social Security Board (RSSB) – Manager, Corporate and Business Compliance
Are you ready to embark on a transformational journey? We are seeking a dynamic and experienced individual to join us as the Manager, Corporate and Business Compliance. If you thrive in dynamic environments and are committed to innovation and transformation, this is the opportunity for you!
In this role, you will play a crucial part in ensuring that RSSB complies with all corporate and business regulations and standards. You will work closely with various departments to implement and maintain compliance programs, assess risks, and develop strategies and policies to mitigate them. Your efforts will contribute to the continued growth and success of RSSB.
As the Manager of Corporate and Business Compliance, your commitment to upholding the highest standards of integrity and regulatory adherence will be crucial. If you have what it takes to drive excellence in corporate and business compliance and you are a dedicated professional with a passion for ensuring ethical business practices, fostering a culture of compliance, and navigating complex regulatory landscapes, we encourage you to apply.
Reporting to the Head Compliance, the Manager Corporate and Business Compliance will be responsible for ensuring the corporate and business operations and procedures comply with relevant laws, regulations, and policies.
About RSSB
The Rwanda Social Security Board (RSSB) has the mandate to manage and promote social security in Rwanda. RSSB’s vision is to provide a comprehensive social security system that caters to the diverse social security needs of the population, RSSB plays an important role in realizing Vision 2050 and the National Strategy for Transformation (NST1). RSSB manages six social security schemes, namely: Pension, Occupational Hazards, Medical scheme, CBHI, Maternity Leave Benefits and EjoHeza (Long-term Term Saving Scheme).
As a leading player in the financial sector, RSSB serves as the largest institutional investor in Rwanda. With assets under management amounting to 2.06 trillion Rwf , which is equivalent to over 15% of the country’s GDP, RSSB invests in key sectors of the economy and plays a crucial role in growing the country’s financial sector. With approximately 12 million members in the above six schemes, encompassing over 90% of Rwanda’s population, RSSB is at the forefront of securing the health and financial well-being of Rwandans.
If you are passionate about making a meaningful impact, ready to embrace innovation and change, and eager to work in a dynamic and collaborative environment, then RSSB is the place for you.
Roles & Responsibilities
- Develop compliance policies and regulations and oversee their implementation
- Design and monitor control systems to deal with violations of laws, policies, and regulations
- Assess the efficiency of control systems and recommend effective improvements
- Review and evaluate RSSB procedures and reports to identify compliance risks and issues
- Coordinate periodic compliance audits on RSSB procedures and processes and keep abreast of regulatory developments within or outside of the company as well as evolving best practices in compliance control
- Coordinate RSSB timely response on compliance matters related to legal and regulatory framework and set plans to manage a crisis or compliance violation
- Undertake Compliance Risk Assessments on assigned lines of business and collaborate with the business to remediate residual risks and control weaknesses
- Manage specific key performance indicators and measures against outcomes detailed in the function’s strategic plans
- Implement the annual plans for the function as approved, including as appropriate any special tasks or projects requested by management and execute policies and procedures for the function
- Provide advice and guidance to the Head on emerging compliance issues, risks, and the implementation of changes required on Compliance function’s policy matters
- Manage and evaluate staff under his/her supervision
- Coordinate the preparation of strategic and business plans for the function and ensure their successful implementation
- Oversee the preparation and ensure timely submission of periodic and annual reports for the function
- Perform any other duties related to the Corporate and Business Compliance function as may be assigned from time to time
Key Requirements
The successful candidate must have at least:
- Master’s Degree in Business Law, Regulatory Affairs, Corporate Governance, Risk Management, Compliance Management, Economics, Data science, Finance, or any other relevant field preferably with at least 4 years’ relevant experience, 2 of which should have been in supervisory role
OR
- Bachelor’s Degree in Law, Economics, Data science, Finance, or any other relevant field preferably with at least 6 years’ relevant experience, 2 of which should have been in supervisory role
- Professional certification in risk and compliance management as an added advantage
Key competencies
Technical Competencies:
- The role holder must have in-depth experience in compliance management, business continuity management, and enterprise risk management skills.
- The incumbent must have strong knowledge in corporate governance, social security legislation, and financial risk management.
- The role holder must demonstrate proficiency in resource management and project planning and management
- The incumbent must have a comprehensive knowledge of relevant laws, rules, and regulations
Behavioral Competencies:
- Must demonstrate impeccable customer service focus, strategic thinking, and strong ethical background with an ability to resist and zero tolerance for corrupt, political and other undesirable influences;
- Must be able to establish and maintain constructive and effective relationships with key stakeholders and staff alike;
- Must be open to change and adapt established methods for new uses within the institution;
Additional Information
The position is based in Kigali, Rwanda and applicants must be willing to relocate outside their countries of domicile.
RSSB reserves the right to appoint or to issue an employment contract to the successful candidate.
Interested candidates are advised to visit the RSSB website for a more detailed job description for the role, and submit your application online by Thursday, 22 August 2024.
In addition, please attach a curriculum vitae that contains details of your qualifications, experience and positions held relevant to this role. Include your day and evening telephone numbers, email address, names and address of three professional referees. Also, attach copies of your academic and professional qualifications.
Any form of canvassing will lead to automatic disqualification.
Only short-listed applicants will be contacted.
Shortlisted candidates will be required to submit a valid Criminal Clearance Certificate.
RSSB is an Equal Opportunity Employer
Click here to visit the website source & Apply
