Description

Ubudasa Sacco Bugesera (USB)

is a District Savings and Credit Cooperative (D-SACCO) established following the consolidation of fifteen Umurenge Sacco’s operating within Bugesera District, in accordance with the Government of Rwanda SACCO consolidation framework. USB is duly registered under RCA Certificate No. RGDG0133324 and licensed by the National Bank of Rwanda (BNR).;In accordance with Law N° 072/2021 of 05/11/2021 governing Deposit-Taking Microfinance Institutions, USB is authorized to carry out microfinance activities in the Republic of Rwanda.;To achieve its mission and strengthen institutional efficiency, USB is looking externally as well as internally for a qualified, competent, committed, proactive, and self-motivated individual to occupy the following positions:

Key Duties and Responsibilities

Under the supervision and guidance of the Risk Board Committee, the Senior Risk and Compliance Officer shall perform the following duties and responsibilities:

• Work diligently on assigned tasks and deliver results within the required timelines
• Comply with instructions issued by the employer or authorized representatives
• Ensure compliance with applicable laws, regulations, policies, and decisions governing cooperatives and microfinance institutions
• Ensure proper custody and management of equipment assigned for work purposes
• Respect working days, working hours, and professional conduct standards
• Maintain confidentiality of institutional information and work-related matters
• Provide required identification and administrative documents before commencement of employment
• Adhere to the principles and rules governing USB business activities
• Develop and update the institution’s risk management strategy
• Establish and regularly review the risk and capital inventory
• Prepare and submit compliance reports to Management, Supervisory Board, Audit Committee, and BNR as required
• Conduct risk assessments, risk measurement, and stress testing, particularly related to liquidity shocks
• Define and monitor early warning indicators for institutional risks
• Propose appropriate risk mitigation and risk steering instruments
• Prepare risk management reports identifying major risks, mitigation measures, and recommendations
• Support the implementation and strengthening of internal control systems
• Continuously improve policies, procedures, practices, and control mechanisms to effectively manage institutional risks
• Investigate potential violations of compliance policies, laws, regulations, and internal procedures
• Advise Management on compliance with applicable laws, regulations, directives, rules, and standards governing cooperatives and financial institutions
• Support Management in effectively managing institutional risks
• Conduct compliance awareness and training sessions for staff
• Prepare contingency plans for liquidity risk management
• Perform any other duties assigned by the Board of Directors, Supervisory Board, Audit Committee, or Managing Director in accordance with applicable laws and regulations.

Major Requirements

Main qualifications are:

• Bachelor’s Degree in Accounting, Finance, Auditing, Business Administration,
• A Master’s Degree in Accounting, Finance, Auditing, Business Administration is highly preferred
• Candidates with First Class or Upper Division qualifications are highly preferred
• Minimum of Three (3) years of experience in Risk and Compliance within microfinance institutions, SACCOs, or banking institutions
• or
• Two (2) years of relevant experience for candidates holding a Master’s Degree
• Experience must be supported by certificates of service or recommendation letters from previous employers
• Professional certification in Risk Management, Compliance, Internal Audit, or related field is an added advantage
• Applicants must not be above 40 years of age.

Required Application Documents:

Applicants must submit the following documents:

• Application letter addressed to the Chairperson of the Board of Directors.
• Updated Curriculum Vitae (CV) with at least three (3) professional referees and their contact details.
• Copies of certified academic certificates.
• Copy of National ID.
• Certificates of service rendered or previous employment certificates proving relevant experience.
• Applications must be submitted in soft copy as one single combined PDF document to the following email address: ubudasasaccobugesera@gmail.com
• The subject of the email must clearly indicate the position applied for: “Application for .............................. Position.”
• Deadline for submission: 1st July, 2026 at 4:00 PM.
• Late applications will not be accepted.
• Only shortlisted candidates will be contacted for the next stage of the recruitment process.