Rwanda Social Security Board Head, Compliance Jobs in Rwanda

Rwanda Social Security Board Head, Compliance Jobs in Rwanda

About RSSB

The Rwanda Social Security Board (RSSB) has the mandate to manage and promote social security in Rwanda. RSSB's vision is to provide a comprehensive social security system that caters to the diverse social security needs of the population, RSSB plays an important role in realising Vision 2050 and the National Strategy for Transformation (NST1).

RSSB manages six social security schemes, namely: Pension, Occupational Hazards, Medical scheme, CBHI, Maternity Leave Benefits and EjoHeza (Long-term Term Saving Scheme).

As a leading player in the financial sector, RSSB serves as the largest institutional investor in Rwanda. With assets under management amounting to 1.9 trillion Rwf, which is equivalent to 17% of the country's GDP, RSSB invests in key sectors of the economy and plays a crucial role in providing up to 20% of liquidity for the financial sector.

With approximately 12 million members in the above six schemes, encompassing close to 90% of Rwanda's population, RSSB is at the forefront of securing the health and financial well-being of Rwandans.

To achieve its important mandate, RSSB is embarking on a transformative journey, aiming to become a modern, data-driven, and high-performing institution. As part of this ambitious initiative, we are seeking highly motivated individuals who are results-oriented and uphold the highest standards of professionalism and integrity.

By joining RSSB, you will have the opportunity to actively contribute to the advancement of social security and overall transformation of Rwanda.

If you are passionate about making a meaningful impact, ready to embrace innovation and change, and eager to work in a dynamic and collaborative environment, then RSSB is the place for you.

Key Duties and Responsibilities

Identify gaps, develop, and maintain a compliance management policy and framework

Promote enterprise-wide compliance management culture

Coordinate RSSB staff trainings on internal policies and other applicable regulations and monitor their effectiveness

Oversee all activities related to fraud prevention, detection, reporting and investigation across all RSSB processes

Oversee compliance management obligations and ensure they are factored into contract and performance management

Monitor and report Institutional fight against the crimes of money laundering and the financing of terrorism

Monitor RSSB compliance with its regulatory obligations

Prepare and submit periodic and annual reports to Management and the Board on the status of compliance within the Institution

Coordinate surveys and oversee periodic internal reviews or audits to ensure that compliance procedures are followed

Head the internal investigation on compliance issues and regularly report any identified breach

Identify, evaluate, and assess Institutional compliance risks and

propose effective mitigation measures

Prepare and implement effective plans to manage a crisis or compliance violation

Work cooperatively with internal and external auditors when needed

Prepare and ensure timely appropriate compliance reports with regulatory agencies and other stakeholders

Discuss compliance issues with management or employees

Work with other concerned departments to ensure existence, communication and implementation of updated and comprehensive regulatory policies, procedures, and laws

Oversee the preparation of strategic and business plans and related budgets and ensure their successful implementation

Manage and evaluate staff under his/her supervision

Perform any other duties related to the Compliance Management function as may be assigned from time to time

Key Qualifications and Experience

The successful candidate must have at least:

Master’s Degree in Business Law, Regulatory Affairs, Auditing, Corporate Governance, Business Administration, or any other relevant field preferably with 6 years’ experience, 2 of which should have been in a managerial role
OR

Bachelor’s Degree in Law, Business Administration, or any other relevant field preferably with 8 years’ experience, 2 of which should have been in a managerial role

Post graduate diploma from Institute of Legal Practice and Development (ILPD) Rwanda as an added advantage

Professional certification such as Certified Compliance & Ethics Professional (CCEP), Fraud management or Forensic investigation as an added advantage

Key Competencies

Technical Competencies:

The role holder must have sound understanding in risk management assurance, its techniques and practices

The incumbent must have strong knowledge in enterprise risk and financial risk management

The incumbent must demonstrate sound knowledge in business continuity management and financial acumen

The role holder must demonstrate in-depth knowledge in compliance management

Behavioral Competencies:

Must demonstrate impeccable customer service focus, strategic thinking, and strong ethical background with an ability to resist and zero tolerance for corrupt, political and other undesirable influences

Must be able to establish and maintain constructive and effective relationships with key stakeholders and staff alike

Must be open to change and adapt established methods for new uses within the institution

How to Apply

For more information and job application details, see; Rwanda Social Security Board Head, Compliance Jobs in Rwanda

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