Risk Officer

Apex AMANAT Microfinance Services (AAMS) is a growing MFI, professionally managed, and Sharia-compliant financial institution under the umbrella of the Rupani Development Initiative (RDI), a multi-country impact investment group operating across different parts of the world. RDI has a two-decade track record of delivering integrated development solutions in climate resilience, food security, livelihoods, and enterprise. Building on this foundation, AAMS has been established to deliver Islamic financial services that empower micro, small, and medium entrepreneurs, enhance financial inclusion, and promote ethical wealth creation. AAMS combines international financial standards, digital innovation, and Islamic principles to offer Murabaha, Qard al-Hasan, and other faith-compliant products that support the transition from aid to enterprise. Professionals joining AAMS will be part of a high-caliber institution, working under a robust governance structure, with clear pathways for career growth across RDI’s impact investment network including health, agricultural, technology and livelihoods sectors.

Objective

The Risk Officer is responsible for identifying, assessing, monitoring, and reporting risks that may affect the institution’s financial performance, operational effectiveness, asset quality, and regulatory compliance. The position supports the implementation of risk management policies, procedures, and internal controls to minimize potential losses and strengthen the institution’s risk management framework.

 Key Duties and Responsibilities

A. Credit Risk Management

• Monitor loan portfolio quality, repayment performance, and Portfolio at Risk (PAR).
• Identify overdue loans, potential defaults, and emerging credit risks.
• Review credit assessment reports and loan files to identify risk exposure and weaknesses.
• Analyze loan concentration, borrower repayment capacity, and other relevant credit risk indicators.
• Recommend appropriate measures to reduce credit risk and minimize potential financial losses.

B. Operational Risk Management

• Identify and assess operational risks arising from internal processes, systems, people, and external events.
• Monitor internal controls and identify weaknesses that may expose the institution to operational losses.
• Report suspected fraud, irregularities, and significant control deficiencies through approved reporting channels.
• Support risk assessments of branches, departments, products, and operational activities.

C. Risk Monitoring and Reporting

• Maintain and regularly update the institutional risk register.
• Prepare periodic risk reports, risk assessments, and analytical summaries for management.
• Monitor key risk indicators and report significant changes or emerging risks.
• Follow up on risk mitigation plans and ensure that responsible departments provide timely updates.
• Escalate significant risks to the supervisor in accordance with institutional policies.

D. Compliance and Internal Controls

• Monitor compliance with approved risk management policies, procedures, and delegated authorities.
• Coordinate with the Compliance Department and other relevant units on risk-related issues.
• Support the follow-up of audit findings and control weaknesses in coordination with responsible departments.
• Assist in reviewing risk-related policies and procedures and recommend improvements where necessary.

E. Coordination and Documentation

• Coordinate with Credit, Finance, Operations, Compliance, Internal Audit, and Branch Management on risk-related matters.
• Maintain accurate, complete, and confidential risk management records.
• Support staff awareness and training on risk identification and mitigation, when required.
• Perform other relevant duties assigned by the supervisor within the scope of the position.

Qualifications and Experience

• Bachelor’s degree in Finance, Economics, Accounting, Business Administration, or a related field.
• At least two years of relevant experience in risk management, banking, microfinance, credit analysis, or financial services.
• Practical knowledge of credit risk assessment, portfolio monitoring, and operational risk management.
• Experience in preparing analytical reports and reviewing financial or portfolio data.
• Previous experience in a microfinance institution or financial institution is preferred.

 Required Skills and Competencies

• Strong analytical and problem-solving skills.
• Good knowledge of risk identification, assessment, monitoring, and mitigation.
• Proficiency in Microsoft Excel, Word, and other relevant reporting tools.
• Strong report-writing, documentation, and communication skills.

If you have the expertise to take on this exciting opportunity, please apply online by filing the form no later than 31-Oct-2026. 

https://docs.google.com/forms/d/e/1FAIpQLSfB6KMTaMmiNDUrxKE6CkwlB941kbW9ErMUPwP5nSsnr8RrdA/viewform?usp=header

Applicants must complete all required fields and upload their CV maximum 3 pages. Incomplete applications or applications submitted after the deadline will not be considered.

Only shortlisted candidates will be contacted for further assessment.