RISK COMPLIANCE OFFICER – Botswana Teachers Savings and Credit Co-operative Society Ltd 668 views

EMPLOYMENT OPPORTUNITY

The Botswana Teachers Savings and Credit Co-operative Society Ltd was established to bring together a social security for teachers in Botswana. The Society exists to promote thrift among its members by affording them an opportunity for accumulating their savings, and to create a source of funds from which loans can be made exclusively for provident and productive purpose, at fair and reasonable rates of interest thereby enabling them to use and control their money for their mutual benefits.

The Society invites suitably qualified individuals to apply for the below mentioned position tenable in Gaborone.

RISK COMPLIANCE OFFICER

KEY RESPONSIBILITIES:

1. To ensure that the Society is not exposed to criminal risk, and does not inadvertently facilitate financial crime:
2. To facilitate the development, implementation, and maintenance of an anti-money laundering programme within the society;
3. To ensure compliance with Anti Money Laundering (AML) regulations, and other relevant legislation ;
4. To develop and maintain a risk assessment framework for product and services, clients and customers and other issues relating to money laundering;
5. To prepare reports for review and consideration by senior management and the Management Board of the cooperative society;
6. To be accountable for the implementation of risk policies and provide feedback on compliance of the Society to the Management Board;
7. To prepare risk assessment report on regular basis as required by the Senior Management/Management Board and for each accounting reference period or financial year;
8. To ensure the risk assessment report prepared depicts and reflects a true and fair view of the state of affairs of the Society at the end of the accounting reference period.

QUALIFICATIONS CONSIDERED NECESSARY

A minimum of a Diploma in Accounting and Business Studies or Association of Accounting Technician level 4 (AAT) or equivalent with a major in accounting, training on risk management will be an added advantage.

SALARY

We offer a competitive salary.

BENEFITS

Optional Contributory Medical Aid Scheme (Cooperative Society pays 50% Employee 50%)

Contributory Pension Fund Scheme (Cooperative Society pays 15% and Employee 5%).

WORK EXPERIENCE

1. At least three years (3) post qualification experience in an equivalent position
2. Possession of a valid driver’s license (class B) will be an added advantage.

TRAINING

1. Co-operative Management and Development
2. Risk management
3. Savings and Credit Co-operative Management.

REQUIRED SKILLS AND COMPETENCIES

Skills

• Computer literacy
• Strong analytical skills
• Time management
• Competences
• Decisiveness and Accountability
• Team player
• Technical Proficiency
• Integrity and trust
• Drive for Results
• Strategic Business Thinking
• Initiative
• Meet deadlines