Overview

The Risk and Compliance Officer at the organisation is responsible for identifying, assessing, and mitigating risks that could impact the organization’s operations and mission. This role ensures that all activities comply with relevant laws, regulations, and internal policies, fostering a culture of accountability and transparency within the nonprofit. By safeguarding resources and promoting ethical practices, the officer plays a crucial part in enhancing the organization’s effectiveness and credibility in the community.

Responsibilities

• Conduct regular risk assessments to identify potential threats to organizational operations.
• Develop and implement compliance policies and procedures in line with local and international regulations.
• Monitor and report on compliance with relevant laws, regulations, and internal policies.
• Provide training and support to staff on compliance and risk management practices.
• Collaborate with other departments to ensure a cohesive approach to risk management.
• Maintain up-to-date knowledge of regulatory changes that may impact the organization.
• Prepare and present reports on risk management activities to senior management and the board.
• Manage and investigate compliance-related inquiries and incidents.
• Develop and maintain a risk management framework and risk appetite statement.
• Engage with external auditors and regulatory bodies during compliance reviews and audits.

Interview questions to ask

1. Behavioral: Can you share an example of a time when you identified a compliance issue within an organization? What steps did you take to address it?
2. Situational: Imagine you discover a potential risk that could impact our program's funding. How would you approach this situation and communicate it to the team?
3. Role-specific: What specific compliance frameworks or regulations do you have experience with that you believe are most relevant to our work at the organisation?
4. Values-based: How do you think our mission to drive social impact in Uganda aligns with your personal values, particularly in terms of risk management?
5. Behavioral: Describe a time when you had to influence a team or stakeholder to prioritize compliance. What strategies did you use?
6. Situational: If you noticed a team member repeatedly bypassing compliance protocols, how would you handle this issue while maintaining a positive team environment?
7. Role-specific: How do you stay updated on changes in laws and regulations that may affect nonprofit organizations, especially in the context of Uganda?
8. Values-based: The organisation values transparency and accountability. How do you ensure these principles are upheld in your compliance practices?
9. Behavioral: Can you provide an example of a successful compliance initiative you led in a previous role? What was the outcome?
10. Situational: Suppose you are tasked with creating a risk assessment for a new project. What key factors would you consider, and why?
11. Role-specific: How would you approach training staff on risk and compliance issues to ensure everyone understands their responsibilities?
12. Values-based: In what ways do you believe effective risk management contributes to a nonprofit’s ability to achieve its mission?