Risk and Compliance Intern

Are you a recent graduate with a sharp analytical mind and a passion for financial integrity? We are looking for a Risk and Compliance Intern to help identify, assess and report risks across our microfinance institutions.

Platcorp is a Group of impact investment companies, primarily comprised of non-bank lending businesses. Platcorp operates in Kenya, Uganda, Tanzania, Zambia and The Caribbean. With a strong focus on fintech solutions, and a deliberate emphasis on sustainability, the group provides a variety of microfinance products, and related services – from business and MSME financing to tailored insurance offerings.

In this role, you will gain hands-on exposure in risk management and regulatory compliance by supporting Key Risk Indicator (KRI) dashboards, tracking fraud trends, and assisting with Environmental & Social Risk Management (ESMS). You will collaborate across departments to ensure our internal controls remain robust and effective.

Job Summary

The Risk & Compliance Intern will support the Risk & Compliance function in identifying, assessing, monitoring, and reporting risks across the microfinance institution, while gaining practical exposure to risk management, internal controls, and regulatory compliance.

Division/Department: Risk and Compliance
Section/Unit: Risk and Compliance
Location: KAREN
Reports to: Risk and Compliance Manager
Direct Reports: None

JOB PURPOSE

To support the Risk & Compliance function in identifying, assessing, monitoring, and reporting risks across the microfinance institution, while gaining practical exposure to risk management, internal controls, and regulatory compliance.

MAIN RESPONSIBILITIES OF THE JOB

1. Support the maintenance and updating of Key Risk Indicator (KRI) dashboards on a monthly basis.
2. Support tracking of the company risk profile, including trend analysis and escalation of emerging risks.
3. Assist in the monthly update of Country Risk Dashboards and consolidation of risk information, and support the preparation of quarterly country risk summaries.
4. Assist in maintaining an up-to-date fraud risk register and tracking fraud-related indicators, fraud trends and control effectiveness for reporting purposes.
5. Support the coordination and documentation of quarterly in-country fraud collaborative meetings.
6. Environmental & Social Risk Management (ESMS): Support quarterly reviews of Environmental and Social (E&S) risk ratings within the loan portfolio; and Assist in verifying the accuracy and completeness of E&S risk data and documentation.
7. Regulatory Compliance: Support monthly tracking of regulatory, audit, and supervisory findings, including remediation status and closure.
8. Support the preparation of risk and compliance reports, dashboards, and presentations,
9. Assist in documenting risk processes, methodologies, and control improvements,
10. Provide general analytical and administrative support to the Risk & Compliance function.
11. Keep abreast with the applicable laws, regulations, rules and standards in risk to inform policy, management decision and best practice.
12. Track the progress of remediation of control weaknesses identified by internal audits, self-testing or control assessments and follow up on the implementation of external audit recommendations and management actions in conjunction with Internal Audit.

KNOWLEDGE, SKILLS AND EXPERIENCE

1. Bachelor’s degree in Financial Engineering, Actuarial Science, Accountancy, Finance, or Business Administration, or any other related field from a recognized institution.
2. Any professional certification is an added advantage.
3. Minimum level of experience required to perform effectively in the role
4. Recent graduates seeking practical exposure in risk management, compliance, or financial services.

WORKING RELATIONSHIPS

Internal
a) All departments.
b) Executive.
c) Board Audit and Risk Committee.

External
a) Government and Regulatory agencies.
b) Peers (Other financial Institutions).
c) Professional bodies.

COMPETENCIES

Technical Competencies

a) Proficient in MS Office and spreadsheets
b) A good understanding and knowledge of the financial industry dynamics.
c) Strong Analytical and Organizational Skills.
d) Strong Communication and Interpersonal Skills.
e) Report Writing Skills.

Behavioral Competencies

a) Communication skills.
b) Interpersonal skills
c) People management skills.
d) Problem solving skills.
e) High level of integrity.
f) Highly analytical with strong attention to detail.