Risk Officer

National Local Government Finance Committee (NLGFC)

The National Local Government Finance Committee (NLGFC) was established under section (149) (1) of the Republic of Malawi Constitution and further powers and functions conferred on it by the Local Government Act (1998), The core functions as defined by Constitution includes: (a) Budget: to receive all estimates of revenue and all projected budgets of all LGAs; to prepare a consolidated budget for all LGAs; (b) Accounting and financial management; to examine and supervise accounts of LGAs; Receive final accounts from LGAs and forward a copy to the Auditor General; to disallow any item of expenditure and to surcharge. (c) Fiscal allocation and transfers; to make recommendations relating to the distributions of funds allocated to LGAs; and with further function to support and enhance local development project management; to enhance Infrastructure and Socio-economic Development; and Support performance improvement in councils.

The NGFC seeks to strengthen its human capacity to effectively and efficiently deliver its constitutional mandate and functions by engaging suitably qualified, experienced, self-motivated and result oriented Malawian professionals to fill various vacant positions tenable at the NGFC offices, Area 14, Lilongwe. The following are the position.

Job Title: Risk Officer (No. of posts 1)
Grade: FC 5
Responsible to: Senior Internal Auditor – FC4

Job Purpose

Undertake institution risk management review and follow up on implementation progress.

Roles and Responsibilities

  1. Assist in undertaking institution risk management review and operationalize audit policies, risk management plans, procedures, guidelines (including Audit Charter and Handbook) and Audit Strategic Plan
  2. Work with various units to prepare risk registers and maintain the NLGFC’s enterprise-wide risk register
  3. Assist in managing audit risk workpapers
  4. Assist in undertaking institutional risks reviews in financial, compliance, performance audits.
  5. Assist in internal and external audits of projects
  6. Assist in the review of institutional risk, monitor and follow up implementation progress

Required Qualifications

  • Bachelor’s Degree in Risk Management, Internal Audit or any finance related degree or
  • Certified Risk Management Assurance (CRMA), Certified Information System Auditor (CISA) or relevant field
  • A member of Institute of Internal Auditors Malawi (IIA-Malawi) or an accounting body.

Person Specifications

  • Minimum of 4 years relevant work experience
  • Good knowledge of risk management/ COSO Framework
  • Self-starter, ready to work with minimal supervision
  • Strong analytical skills
  • High level of integrity and confidentiality
  • Good report writing skills
  • Knowledge of accounting systems and other Management Information Systems (MIS)
  • Team player

Salary Scale

National Local Government Finance Committee salary scale for the Grade shall apply.

National Local Government Finance Committee (NLGFC) is committed to diversify Gender equality in its operations and strongly encourage women to apply for the above vacant positions.

Mode of Application

Interested applicants who meet the above requirements should submit application letters together with concise Curriculum Vitae (CV), National ID and copies of relevant certificates to the address below not later than 7th July 2025 at 14:30 hours.

The Executive Director
National Local Government Finance Committee
P.O. Box 31162
Red Cross Complex
Area 14
Lilongwe 3
Email: recruitment@nlgfc.gov.mw

Applicants are advised to indicate the post being applied for on the envelope/ title of email.

Applicants who fully meet the above requirements and are considered for further assessment shall be acknowledged.