Head of Risk & Compliance

Head of Risk & Compliance

Organization: MyBank Limited Location: Mogadishu, Somalia Department: Risk & Compliance Employment Type: Full-time Reports To: Board Member – Risk & Compliance

About the Role

MyBank Limited is seeking a highly qualified and experienced professional to join its Senior Management Team as Head of Risk & Compliance.

The successful candidate will lead the bank’s risk management and compliance functions, support adherence to applicable regulatory requirements, and strengthen the institution’s internal control environment.

Key Responsibilities

• Lead and oversee the bank’s risk management and compliance functions.
• Develop and implement risk management and compliance policies and frameworks.
• Identify, assess, monitor, and report key risks facing the bank.
• Ensure compliance with applicable laws, regulations, Central Bank of Somalia directives, AML/CFT requirements, KYC procedures, and internal policies.
• Coordinate with relevant local authorities, including the Central Bank of Somalia, on risk and compliance reporting.
• Monitor and strengthen internal controls.
• Prepare regular risk and compliance reports for senior management and the Board.
• Promote a strong risk and compliance culture throughout the bank.
• Coordinate with Internal Audit, Operations, Finance, ICT, and other departments.

Qualifications and Experience

• Bachelor’s degree in Risk Management, Finance, Banking, Business Administration, Accounting, Law, or a related field.
• Master’s degree or professional certification in Risk, Compliance, AML/CFT, or a related field.
• At least five years of experience in banking or financial services.
• At least two years in a managerial or senior supervisory role in banking compliance and risk management.
• Strong knowledge of risk management, compliance, AML/CFT, KYC, internal controls, and regulatory requirements.
• Experience developing risk and compliance frameworks, policies, and reports.
• Strong analytical, leadership, communication, and decision-making skills.
• Excellent written and spoken English and Somali.

How to Apply

Qualified candidates should submit their applications by email.

Email: HR@mybank.so

Email subject: Application – Head of Risk & Compliance

Application deadline: 24 October 2026

Only shortlisted candidates will be contacted.