Background

World Vision is an international Christian relief, development and advocacy organisation working in almost 100 countries world-wide to create lasting change in the lives of children, families and communities to overcome poverty and injustice.

VisionFund Kenya is a dynamic financial services company and a key investment of World Vision Kenya, committed to fostering sustainable financial inclusion. Learn more at www.visionfundkenya.co.ke.

Risk and Compliance Intern at VisionFund Kenya plays a vital role in ensuring the overall risk management and compliance function of the organization. He/she will support the Risk and Compliance Manager in implementing and monitoring risk management and compliance frameworks, policies, and procedures. Your meticulous attention to detail, strong analytical skills, and understanding of regulatory requirements will be crucial to ensure the institution's adherence to applicable laws and regulations.

Key Responsibilities

Risk Support & Forecasting (50%)

• Assist in identifying business weaknesses and economic trends that could hurt the company.
• Risk Register Management: Tracking daily risk events, updating scores, and ensuring no lapse in control goes unnoticed.
• Forecasting

Compliance & "Rules" Monitoring (30%)

• System Maintenance: Keeping the compliance software/databases clean and updated.
• Learning and monitoring local laws and international standards to ensure the MFI doesn't get fined or penalized.
• Reporting: Drafting the first versions of periodic reports for management and regulators.

Audit & Process Improvement (10%)

• The Follow-Up: Creating checklists to make sure other departments actually fixed the issues the auditors found.
• Policy Review: Reading through company policies to spot "loopholes" where things could go wrong.

Training & Documentation (10%)

• Knowledge Sharing: Helping organize training sessions to teach other staff how to stay compliant.
• Ensuring every policy, procedure, and control document is current, organized, and easy to find.

Ideal Candidate Profile

Required Preferred Knowledge and Qualifications Education,

• Bachelor's degree/Diploma in finance, business administration, risk management, or a related field.
• Sound knowledge of risk management principles, compliance frameworks, and regulatory requirements.
• Strong analytical skills, with the ability to identify and assess risks, conduct root-cause analysis, and propose solutions.
• Excellent attention to detail and organizational skills.
• Ability to multitask, prioritize work effectively, and meet deadlines.
• Proficient in using MS Office suite (Word, Excel, PowerPoint) and other relevant software.
• Strong written and verbal communication skills.
• Professional certifications in risk management or compliance (e.g., CRCM, CRM, CFE) are desirable but not mandatory.
• Previous experience in risk management, compliance, or a similar role, preferably in the financial services industry or microfinance sector and Familiarity with microfinance industry regulations and best practices is a plus.

• Assist in identifying business weaknesses and economic trends that could hurt the company.
• Risk Register Management: Tracking daily risk events, updating scores, and ensuring no lapse in control goes unnoticed.
• Forecasting
• System Maintenance: Keeping the compliance software/databases clean and updated.
• Learning and monitoring local laws and international standards to ensure the MFI doesn't get fined or penalized.
• Reporting: Drafting the first versions of periodic reports for management and regulators.
• The Follow-Up: Creating checklists to make sure other departments actually fixed the issues the auditors found.
• Policy Review: Reading through company policies to spot "loopholes" where things could go wrong.
• Knowledge Sharing: Helping organize training sessions to teach other staff how to stay compliant.
• Ensuring every policy, procedure, and control document is current, organized, and easy to find.

• Strong analytical skills
• Excellent attention to detail and organizational skills
• Ability to multitask, prioritize work effectively, and meet deadlines
• Proficient in using MS Office suite (Word, Excel, PowerPoint) and other relevant software
• Strong written and verbal communication skills

• Bachelor's degree/Diploma in finance, business administration, risk management, or a related field.
• Sound knowledge of risk management principles, compliance frameworks, and regulatory requirements.
• Professional certifications in risk management or compliance (e.g., CRCM, CRM, CFE) are desirable but not mandatory.
• Previous experience in risk management, compliance, or a similar role, preferably in the financial services industry or microfinance sector
• Familiarity with microfinance industry regulations and best practices is a plus.