Jobs

Compliance Risk and Audit Officer at Newark Frontiers

  • Job Type Full Time
  • Qualification BA/BSc/HND
  • Experience
  • Location Nairobi
  • Job Field Finance / Accounting / Audit&nbsp , Law / Legal&nbsp

Compliance Risk and Audit Officer at Newark Frontiers

Compliance Risk and Audit Officer

The compliant Risk and audit Officer will support the design and implementation of risk and compliance frameworks within the microfinance institution. This includes ensuring compliance with regulatory bodies, monitoring operational risks, and enhancing internal control systems to support sustainable financial inclusion. The role requires working closely with compliance manager and operations manager.

REQUIREMENTS:

  • Strong knowledge of microfinance operations and regulatory environment.
  • Excellent risk assessment and analytical skills.
  • Ability to develop policies, conduct training, and implement compliance frameworks.
  • High integrity and ethical standards.
  • Excellent communication, presentation, and report writing skills.
  • Ability to work independently.
  • Bachelor’s Degree in Finance, Business Administration, Law, Risk
  • Management, or a related field.
  • Familiarity with microfinance operations, digital lending.

KEY DUTIES AND RESPONSIBILITIES- RISK MANAGEMENT

  • Promote a risk-aware culture by sensitizing both field staff and management on risk identification and mitigation.
  • Identify, assess, and document operational, credit, and reputational risks.
  • Maintain and regularly update the institution’s risk registers.
  • Monitor Key Risk Indicators, emerging risks, and branch-level issues.
  • Conduct risk assessments for loan products, digital finance platforms, and thirdparty partnerships.
  • Lead stress-testing and scenario analysis for key risk exposures (e.g. loan default).
  • Ensure adherence to microfinance regulations, central bank guidelines, and relevant financial sector laws.
  • Monitor compliance with internal policies (e.g. credit policy, collections, customer service).
  • Review client onboarding, loan approvals, and disbursements for compliance and fraud risks.
  • Conduct periodic reviews and audits of branches to assess compliance levels.
  • Report suspicious transactions.
  • Maintain compliance records and respond to inquiries from regulators and external auditors.
  • Assist in developing and updating compliance and risk policies, procedures, and tools.
  • Prepare timely risk and compliance reports for senior management.
  • Support implementation of corrective actions from audits or regulatory findings.

Method of Application

Apply now: collins.mudida@newarkfrontiers.co.ke

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