Hofokam Limited is one of the largest Microfinance Institutions operating in Western Uganda with its head office at Fortportal City. Hofokam’s mission is to provide quality and competitive financial services to households to enable them to realise their goals, with a vision to be the preferred partner of vibrant and economically empowered households in Uganda. As an equal opportunity employer, we invite qualified candidates to apply for the job being advertised below.
Job Title: Risk and Compliance Manager
Reporting To: Executive Director
Duty Station: Head office/Fort Portal

Key Duties and Responsibilities
• Risk Governance; ensure that Hofokam’s approved written risk management policy and risk appetite statement is consistent with the Institution’s business strategies, capital strength and management expertise
• Identification and Measurement of Risks, responsible for all of the following risk areas within the institution: Capital; Financial Reporting; Liquidity; Market Risk; Credit; Legal and regulation; Operational; People; Reputational; Strategic and Mission.

• Mitigation of Risks; work with the heads of department in the institution to identify controls to reduce the likelihood of a risk occurring. This work will form a subset of controls against which Internal Audit and Internal Compliance teams can test compliance.
• Monitoring of Risks; responsible for keeping abreast of activities within the institution and the country that may impact the ability of the Institution to operate successfully.
• Escalation of Risks; If the risk indicators are outside of established limits, or there is a breach of controls, the HRC, should discuss the specific issues with the heads of the departments responsible before escalating to management, internal audit and the Board.

• Risk Assessments; perform periodic audits on company procedures and processes, analyzes metrics and data such as cash flow, inventory, breakage, and employee activity that could uncover policy violations, collect and analyse documentation, statistics, reports, and market trends.
• Analyse internal business Systems to ensure compliance with established policies and procedures, Industry regulations and ethical standards.

• Organisation Policies; Establish policies and procedures to address risks in the organization’s services and departments. Reviews and assesses risk management policies and procedures; makes recommendations and implements modifications and improvements.
• Reporting and Communication; Prepare and present to management and the board compliance reports useful in taking key business decisions. Drafts and presents risk reports and proposals to improve the risk management in the institution.

• Risk Management Solutions; Recommends and implements solutions such as insurance, safety and security policies, business continuity plans, or recovery measures and ensures that they are formally approved by the Board of Directors. Report on all events on system failures and other emergency issues.
• Risk Management Solutions; Recommends and implements solutions such as insurance, safety and security policies, business continuity plans, or recovery measures and ensures that they are formally approved by the Board of Directors. Report on all events on system failures and other emergency issues.
• Training; Design and conduct training programs for cross-functional teams in risk management and compliance and ensure that all the employees are thoroughly updated about the organization’s policies, regulations and processes Supervise Compliance Officers.

Qualifications, Skills & Experience
• Bachelor’s degree in a business-related field from a reputable University
• Master Degree in a business related field; added Advantage.

• Minimum of 5+ years’ experience in a supervisory role evaluating business operations in risk management, preferably from the microfinance, banking or financial services industry.
• Perform any other relevant duties as may be assigned to him/her by the Supervisor that falls in the line of his/her area of jurisdiction.
• Age: 30-45 Years.