Background information about the job or company (e.g., role context, company overview)

With 75 years of experience, our focus is on helping the most vulnerable children overcome poverty and experience fullness of life. We help children of all backgrounds, even in the most dangerous places, inspired by our Christian faith.

Come join our 33,000+ staff working in nearly 100 countries and share the joy of transforming vulnerable children’s life stories!

Responsibilities or duties

• Ensure VFT full compliance with applicable laws, regulatory requirements, and guidelines issued by the Central Bank and other regulators (e.g., BAFIA, Country Labor Laws, AML/CFT, KYC, data protection, consumer protection, and others).
• Conduct Annual regulatory gap analysis and recommend the establishment and enhancement of the missing controls
• Maintaining the regulatory tracking log and ensuring timely submission of all regulatory reports and returns.
• Develop and implement compliance monitoring plans to assess adherence to internal policies and external regulations.
• Annual revision of compliance working papers and reporting templates to ensure risk and compliance officers are well supported to conduct regular compliance reviews
• Conduct regular compliance reviews and assessments across departments.
• Report breaches, non-compliance, and gaps with corrective action plans.
• Provide oversight to the Risk and Compliance Officers in all regulatory and internal compliance requirements
• Assist the Head of Risk and Compliance in the development, renewal, and enforcement of compliance-related policies and procedures.
• Ensure all Internal policies are aligned with legal and regulatory requirements and best practices.
• Track and report compliance issues, breaches, and key compliance indicators to senior management.
• Lead internal compliance reviews and investigations of potential breaches
• Maintain a centralized repository of current compliance policies and procedures, ensuring accessibility and version control for all stakeholders.
• Development and implementation of annual compliance training plan for the Risk and Compliance Team and the VFT staff
• Annual review and development of internal controls training materials for staff
• Promote a strong compliance culture across the organization.
• Conduct training for the risk and compliance team on compliance risk assessments, root cause analysis, and other internal compliance-related training
• Monthly preparation and submission of compliance reports to management
• Timely review and submission of the compliance review report conducted by the Risk and Compliance Officers from all regions
• Maintain compliance dashboards and key performance indicators (KPIs) for the bank and the Risk and Compliance Officers.
• Lead the performance appraisal process for Risk and Compliance Officers, ensuring alignment with departmental goals and regulatory expectations.
• Set clear performance objectives and key performance indicators (KPIs) for compliance staff, focusing on effectiveness, timeliness, and accuracy of compliance activities.
• Conduct regular performance reviews, provide constructive feedback, and identify areas for improvement and professional development
• Provide compliance advisory services to business units on new products, partnerships, or initiatives.
• Participate in product development and project committees to ensure regulatory compliance.
• Advise senior management on emerging regulatory risks, changes in laws, and strategic compliance implications.

Qualifications or requirements (e.g., education, skills)

• Bachelor’s degree in law, Finance, Risk, Business, or related field (professional certifications such as CPA, ACCA, CAMS, CISA, or ICA preferred).
• Strong knowledge of regulatory frameworks governing the banking sector.
• Experience with AML/CFT, KYC, and consumer protection regulations is essential.
• Excellent understanding of regulatory frameworks and compliance obligations.
• Strong analytical and investigative skills.
• High integrity and ethical standards.
• Good interpersonal and communication skills.
• Ability to influence and advise senior management and business teams.
• Strong organizational and reporting skills.
• Detail-oriented with strong problem-solving capabilities.
• Understanding of ESG and data privacy regulations is an added advantage.

Experience needed

• At least 5 years of experience in banking compliance, legal, or audit roles.
• At least 5 years of experience in risk management in a bank or microfinance institution
• At least 5 years of experience in risk analysis, compliance, or internal audit
• Work experience of at least 2 years in management positions, including managing a team
• Strong experience in risk and compliance assessments and analyses
• Proven ability to assess, monitor, report, and address risks
• Strong experience in working in an anti-money laundering environment, preferably evidenced by relevant qualification
• Work experience in the banking sector
• Experience in a managerial role
• Experience in presenting reports to the management
• Experience in a strategic leadership role

Any other provided details (e.g., benefits, work environment, team info, or additional notes)

Work environment

Office based in Arusha, Tanzania. There is a requirement to travel around the country up to 30% of the time.

• Ensure VFT full compliance with applicable laws, regulatory requirements, and guidelines issued by the Central Bank and other regulators (e.g., BAFIA, Country Labor Laws, AML/CFT, KYC, data protection, consumer protection, and others).
• Conduct Annual regulatory gap analysis and recommend the establishment and enhancement of the missing controls
• Maintaining the regulatory tracking log and ensuring timely submission of all regulatory reports and returns.
• Develop and implement compliance monitoring plans to assess adherence to internal policies and external regulations.
• Annual revision of compliance working papers and reporting templates to ensure risk and compliance officers are well supported to conduct regular compliance reviews
• Conduct regular compliance reviews and assessments across departments.
• Report breaches, non-compliance, and gaps with corrective action plans.
• Provide oversight to the Risk and Compliance Officers in all regulatory and internal compliance requirements
• Assist the Head of Risk and Compliance in the development, renewal, and enforcement of compliance-related policies and procedures.
• Ensure all Internal policies are aligned with legal and regulatory requirements and best practices.
• Track and report compliance issues, breaches, and key compliance indicators to senior management.
• Lead internal compliance reviews and investigations of potential breaches
• Maintain a centralized repository of current compliance policies and procedures, ensuring accessibility and version control for all stakeholders.
• Development and implementation of annual compliance training plan for the Risk and Compliance Team and the VFT staff
• Annual review and development of internal controls training materials for staff
• Promote a strong compliance culture across the organization.
• Conduct training for the risk and compliance team on compliance risk assessments, root cause analysis, and other internal compliance-related training
• Monthly preparation and submission of compliance reports to management
• Timely review and submission of the compliance review report conducted by the Risk and Compliance Officers from all regions
• Maintain compliance dashboards and key performance indicators (KPIs) for the bank and the Risk and Compliance Officers.
• Lead the performance appraisal process for Risk and Compliance Officers, ensuring alignment with departmental goals and regulatory expectations.
• Set clear performance objectives and key performance indicators (KPIs) for compliance staff, focusing on effectiveness, timeliness, and accuracy of compliance activities.
• Conduct regular performance reviews, provide constructive feedback, and identify areas for improvement and professional development
• Provide compliance advisory services to business units on new products, partnerships, or initiatives.
• Participate in product development and project committees to ensure regulatory compliance.
• Advise senior management on emerging regulatory risks, changes in laws, and strategic compliance implications.

• Strong knowledge of regulatory frameworks governing the banking sector.
• Experience with AML/CFT, KYC, and consumer protection regulations is essential.
• Excellent understanding of regulatory frameworks and compliance obligations.
• Strong analytical and investigative skills.
• High integrity and ethical standards.
• Good interpersonal and communication skills.
• Ability to influence and advise senior management and business teams.
• Strong organizational and reporting skills.
• Detail-oriented with strong problem-solving capabilities.
• Understanding of ESG and data privacy regulations is an added advantage.

• Bachelor’s degree in law, Finance, Risk, Business, or related field (professional certifications such as CPA, ACCA, CAMS, CISA, or ICA preferred).