JOB ADVERT – SENIOR RISK AND COMPLIANCE OFFICER (1 POSITION)
Date: 22nd May 2026
Icyerekezo SACCO Nyarugenge (ISN) is a District Savings and Credit Cooperative (D-SACCO) established following the consolidation of ten (10) Umurenge SACCOs operating within Nyarugenge District in accordance with the Government of Rwanda SACCO Consolidation Framework. ISN is duly registered under RCA Certificate No. RGDG012866 and licensed by the National Bank of Rwanda (BNR).
In accordance with Law N° 072/2021 of 05/11/2021 governing Deposit-Taking Microfinance Institutions, ISN is authorized to carry out microfinance activities in the Republic of Rwanda.
To strengthen institutional governance, internal control systems, compliance, and risk management, ISN wishes to recruit internally and externally one (1) competent, committed, professional, experienced, and self-motivated Senior Risk and Compliance Officer to join the institution.
Reporting Line
The Senior Risk and Compliance Officer shall work under the supervision and guidance of the Risk Board Committee, with:
- A functional reporting line to the Supervisory Board/Audit Committee; and
- An administrative reporting line to the Managing Director.
Key Duties and Responsibilities
Under the supervision and guidance of the Risk Board Committee, the Senior Risk and Compliance Officer shall perform the following duties and responsibilities:
- Work diligently on assigned tasks and deliver results within the required timelines;
- Comply with instructions issued by the employer or authorized representatives;
- Ensure compliance with applicable laws, regulations, policies, and decisions governing cooperatives and microfinance institutions;
- Ensure proper custody and management of equipment assigned for work purposes;
- Respect working days, working hours, and professional conduct standards;
- Maintain confidentiality of institutional information and work-related matters;
- Provide required identification and administrative documents before commencement of employment;
- Adhere to the principles and rules governing ISN business activities;
- Develop and update the institution’s risk management strategy;
- Establish and regularly review the risk and capital inventory;
- Prepare and submit compliance reports to Management, Supervisory Board, Audit Committee, and BNR as required;
- Conduct risk assessments, risk measurement, and stress testing, particularly related to liquidity shocks;
- Define and monitor early warning indicators for institutional risks;
- Propose appropriate risk mitigation and risk steering instruments;
- Prepare risk management reports identifying major risks, mitigation measures, and recommendations;
- Support the implementation and strengthening of internal control systems;
- Continuously improve policies, procedures, practices, and control mechanisms to effectively manage institutional risks;
- Investigate potential violations of compliance policies, laws, regulations, and internal procedures;
- Advise Management on compliance with applicable laws, regulations, directives, rules, and standards governing cooperatives and financial institutions;
- Support Management in effectively managing institutional risks;
- Conduct compliance awareness and training sessions for staff;
- Prepare contingency plans for liquidity risk management;
- Perform any other duties assigned by the Board of Directors, Supervisory Board, Audit Committee, or Managing Director in accordance with applicable laws and regulations.
Qualifications and Experience Required
Applicants must meet the following requirements:
- Bachelor’s Degree in Accounting, Finance, Auditing, Business Administration,
- A Master’s Degree in Accounting, Finance, Auditing, Business Administration is highly preferred;
- Candidates with First Class or Upper Division qualifications are highly preferred;
- Minimum of Three (3) years of experience in Risk and Compliance within microfinance institutions, SACCOs, or banking institutions; or
- Two (2) years of relevant experience for candidates holding a Master’s Degree;
- Experience must be supported by certificates of service or recommendation letters from previous employers;
- Professional certification in Risk Management, Compliance, Internal Audit, or related field is an added advantage;
- Applicants must not be above thirty-five (35) years of age.
Required Application Documents
Applicants are required to submit the following documents:
- Motivation letter addressed to the Chairperson of the Board of Directors;
- Updated Curriculum Vitae (CV) with at least three (3) professional referees and their contact details;
- Copies of academic degrees and professional certificates;
- Copy of National ID;
- Certificates of service or proof of previous employment confirming relevant experience;
- Any other supporting documents demonstrating relevant competencies and experience.
Submission Guidelines
- Applications must be submitted in soft copy as one single PDF document to the following email address: icyerekezo@icyerekezo.dsacco.rw
- The subject of the email must clearly indicate:
- “Application for Senior Risk and Compliance Officer Position”
- Deadline for submission: 5th June 2026 at 4:00 PM
- Late applications will not be accepted;
- Only shortlisted candidates will be contacted for the next stage of the recruitment process.
Additional Information
- ISN promotes equal opportunity. Qualified female candidates, male candidates, and persons with disabilities are encouraged to apply;
- No fees or any form of payment shall be required at any stage of the recruitment process;
- Benefits and remuneration are competitive and aligned with those offered by other financial institutions.
Best regards,
Cyprien Byaruhanga
Managing Director
Icyerekezo SACCO Nyarugenge
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