Risk Officer

Department: Risk and Compliance

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.

How to Apply

Interested candidates are invited to submit a CV and cover letter detailing their qualifications and relevant experience to: info@firsthousing.co.tz