Company Overview

First Housing Finance (Tanzania) Limited is the leading housing finance company in Tanzania. We are dedicated to offering long-term housing finance solutions to Tanzanian citizens. As a pioneer in the Tanzanian housing finance market, we provide a diverse portfolio of mortgage products, including solutions for home purchase, improvement, extension, completion, and refinancing.

Our mission is to empower individuals and families to achieve their homeownership dreams through innovative and tailored financial services.

First Housing Finance (T) Ltd Housing. Homes within your reach.

The company is an equal opportunity employer committed to fostering a diverse, inclusive, and gender-balanced workforce. We value integrity, innovation, and impact.

Job 1: Risk Officer

Department: Risk and Compliance Reports to: Risk and Compliance Manager

Role Purpose

We are seeking a detail-oriented Risk Officer to identify, monitor, and report risks across the mortgage loan lifecycle, from origination to portfolio management. The role involves implementing risk controls, ensuring compliance with internal policies and regulatory requirements, escalating risk issues as needed, and collaborating with business teams to prevent and mitigate risk while maintaining portfolio quality.

Key Responsibilities

• Support the implementation and day-to-day application of risk management policies, procedures, and guidelines.
• Monitor compliance with approved risk management practices and escalate exceptions or breaches to management.
• Assist in identifying, assessing, and monitoring key risks across business units and activities.
• Support the maintenance and updating of the risk register and related documentation.
• Monitor risk exposures against approved risk tolerance limits and report any deviations.
• Assist in tracking early warning indicators and risk trends, and escalate emerging risk issues.
• Prepare periodic risk reports for management and relevant committees in accordance with reporting requirements.
• Support data collection and analysis for risk measurement and monitoring purposes.
• Assist in the review and testing of risk mitigation controls and report control weaknesses.
• Participate in internal risk awareness and sensitization programs.
• Support audits, regulatory reviews, and examinations by providing required risk-related information.
• Uphold company values in day-to-day activities.
• Perform any other duties related to risk management as assigned by management or the immediate supervisor.

Qualifications & Skills

• Bachelor’s degree in Accounting, Finance, Business Administration, or Actuarial Science.
• Minimum 3 years of experience in risk management, compliance, or related financial risk functions within the financial industry.
• Proficiency with financial systems and advanced skills in Excel.
• Strong analytical, communication, and decision-making abilities, with attention to detail and ethical judgment.

• Support the implementation and day-to-day application of risk management policies, procedures, and guidelines.
• Monitor compliance with approved risk management practices and escalate exceptions or breaches to management.
• Assist in identifying, assessing, and monitoring key risks across business units and activities.
• Support the maintenance and updating of the risk register and related documentation.
• Monitor risk exposures against approved risk tolerance limits and report any deviations.
• Assist in tracking early warning indicators and risk trends, and escalate emerging risk issues.
• Prepare periodic risk reports for management and relevant committees in accordance with reporting requirements.
• Support data collection and analysis for risk measurement and monitoring purposes.
• Assist in the review and testing of risk mitigation controls and report control weaknesses.
• Participate in internal risk awareness and sensitization programs.
• Support audits, regulatory reviews, and examinations by providing required risk-related information.
• Uphold company values in day-to-day activities.
• Perform any other duties related to risk management as assigned by management or the immediate supervisor.

• Proficiency with financial systems
• Advanced skills in Excel
• Strong analytical abilities
• Strong communication abilities
• Strong decision-making abilities
• Attention to detail
• Ethical judgment

• Bachelor’s degree in Accounting, Finance, Business Administration, or Actuarial Science.
• Minimum 3 years of experience in risk management, compliance, or related financial risk functions within the financial industry.