Risk And Compliance Officer

VACANCY ANNOUNCEMENT@ VisionFund MALAWI

POSITION: RISK AND COMPLIANCE OFFICER

Location: Lilongwe

OVERVIEW

VisionFund Malawi is a Christian, owner-operated, mission-driven, deposit-taking microfinance network working with caregivers in hard-to-reach, impoverished locations so they can create secure futures for their children. Inspired by Christian values, we are dedicated to working with the most vulnerable families and communities regardless of religion, race, ethnicity, or gender — to create lasting change in their lives.

We are inviting applications from suitably qualified and dedicated candidates to fill the following vacant position:

Risk and Compliance Officer – Grade 12

Purpose of the Position

To implement effective risk management policies and procedures, and to manage and monitor all relevant risks within VisionFund Malawi. The role will assist in controlling the implementation of compliance-related policies and procedures, performing internal checks, and reporting on detected risks to enable achievement of the department’s objectives for improvement of the wellbeing of the most vulnerable children in Malawi.

Key Responsibilities:

Compliance Management (50%)

Monitoring and Auditing: Conduct monthly branch visits, spot checks, and portfolio reviews to ensure adherence to policies, laws and regulations.

Investigation and Resolution: Identify compliance violations, lead investigations, and implement corrective action plans in collaboration with Internal Audit and Legal teams.

Advice and Training: Serve as the primary advisor on AML/KYC and conflicts of interest; conduct staff training to raise awareness of policies and regulatory requirements.

Reporting: Provide regular updates to senior management on compliance status, risks, and operational progress.

Risk Management (50%)

Risk Strategy and Policy: Develop and update risk strategies, manuals, and Credit Risk Policies to mitigate risks related loan products, terms and usage.

Post-Loan Disbursement Monitoring: Review new and re-loans after disbursement and assess branch decentralization practices to identify and close gaps.

Risk Reporting: Prepare and defend comprehensive risk reports and strategies for management review.

Collaboration: Work closely with Audit and Recovery teams to identify risky areas and implement effective risk responses.

Personal Attributes

Able to stand above denominational diversities and work inclusively.

Attends and participates in the leadership of daily devotions.

Results and Achievement Oriented: Strives to achieve results; comfortable with performance measurement and accountability for self and others.

Strong Leadership and Interpersonal Skills: Encourages enthusiasm, promotes team spirit, and fosters collaborative working relationships.

Flexible and Adaptable: Ability to quickly adjust to changing trends and remain effective when faced with new challenges and responsibilities.

Knowledge, Skills, and Experience

Degree in Accounting, Administration, Internal Audit, or a related field, with at least three (3) years of experience in risk management, compliance, audit, or related areas within the financial services industry.

Excellent communication, analytical, and computing skills; working knowledge of Sun System, T24 Loan Tracking System, and digital platforms is highly advantageous.

Must be a committed Christian.

Application Process

Interested candidates should submit their application letter, detailed Curriculum Vitae, copies of certificates, and three traceable referees to:

The People, Culture and Administration Manager

VisionFund Malawi

Private Bag A232

Lilongwe

Email: Recruitment_VFMalawi@visionfund.org

Closing date for receiving applications is 20th May, 2026. Female candidates are encouraged to apply.

Disclaimer

VisionFund Malawi does not use agents, nor solicit any form of payments for any application, training, interviewing, testing or any fees in connection with this recruitment. Report any acts of solicitation for payment and/or extortion to VisionFund Malawi on the following: Tip offs Toll Lines: 0884621623