3 Job positions (Internal Auditor Legal Counsel & Collateral Perfection) at BRD: Deadline: Friday, 29th October 2021

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The Development Bank of Rwanda is Rwanda’s only National Development Bank mandated to support Rwanda’s development goals. Over the last years, the bank has undergone substantial re-organization aimed at positioning it as an “innovative and sustainable provider of development finance for socio-economic impact”.

To achieve this vision, the bank’s new strategic plan (2018-2024) has outlined 3 key strategic themes.

Operational Excellence: Continuous improvement of our credit and risk management system, financial performance and customer services.

Strategic Partnerships: Forming strategic partnerships to deliver our mandate is a key component of our core activities.

Dynamic Culture: Continuously improving our pool of knowledge to have the most competent and skilled employees.

BRD is committed to respecting gender equality norms. We promote gender responsive practices. Qualified candidates particularly females are encouraged to apply.

To help accomplish this ambitious and exciting vision, the Development Bank of Rwanda (BRD) would like to recruit suitable qualified candidates to fill the following position:

Internal Auditor

Legal Counsel, Collateral Perfection

Internal Auditor (1)

Background InformationJob Title: Internal Auditor

Current Grade: JG 6

Divisions/ Department: Internal Audit

Duo reports to: Head, internal audit

Direct Report: N/A

Indirect Reports: N/A

Contract Terms – Open Ended

Purpose of the Job

The purpose of the job is to support the Head of Internal Audit in ensuring that the Audit Function delivers a high-quality assurance services to the Bank. The position Holder is responsible for planning, executing Risk based Audit assignments in accordance with the approved Annual Plan and relevant policies, procedures and quality standards. This position holder is responsible for the quality of the audit work performed and the efficiency and effectiveness of Bank’s processes.

The success in this role requires experienced personnel with track record of auditing preferably from a financial institution, the Supreme Audit Institution or in an internationally Accredited Audit firm, coupled with the ability to multi-task and meet deadlines while exercising sound audit methodology. The incumbent needs to have passion for strong work ethic, demonstrate integrity and excellent working relationship with all the Bank’s stakeholders. The job requires having sufficient understanding of each facet of business operations and information systems to be able to make meaningful analysis and recommendations, which add value to the business. The job also requires good persuasive skills to sell the audit recommendations to Management

Main Responsibilities of the Job

 Assist the Head of Internal Audit function to develop an annual Audit Strategy and plan that is practical and cuts across the entire organization

Draw up plans for the assigned individual audit projects/activities

Leads the Audit assignments in executing the audit plan within the given timelines while meeting the required quality expectations.

Coordinating Audit entrance and exit meetings and leading the discussions

Recognizing and identifying the adequacy and effectiveness of the systems of internal controls, the compliance with laws and regulations, fiduciary responsibilities and the reliability management information utilized in decision making.

Timely submission to the line Manager, the audit deliverables in the agreed reporting format

Lead the production and presentation of the periodic audit reports that capture the major findings and resultant recommendations or remedial actions.

Following up audit recommendations to ensure timely implementation/action and mitigation of identified risks.

Build relationships with key stakeholders to understand their current and future business needs, challenges and enable a smooth working relationship

Conduct any special tasks as requested by Line Manager and/or Management

Any other assignment from the Line Manager or the Management of the Bank.

Performance indicators

Quality and timely reports

Reliability of formulated audit recommendations

Quality and timely follow up reports on implementation of audit recommendations

Working relationships

All departments

All BRD stakeholders


Professional, academic qualifications and experience

Bachelor’s Degree with a professional qualification like ACCA, CPA OR CIA completed

A minimum of 4 years’ experience in auditing preferably in a financial institution, the Supreme Audit Institution or in an internationally accredited audit firm.

Core competencies

To carry out audits with absolute honest, candidness and behaving beyond suspicion and reproach and provide unbiased and factual audit conclusions, opinions and reports

Demonstrating competence, skills, and sound judgment, responsibility, high level of secrecy, good conduct and behavior

Introducing new ideas and methods of providing audit services to remain relevant in a dynamic audit environment

Strong quantitative, capable of interpreting multiple data streams and uncovering insightful conclusions

Good Corporate governance awareness and knowledge on international best practice standards in financial reporting (IFRS), IIA Standards and corporate governance.

Skilled at problem solving, recommending practical solutions, and influencing key stakeholders to drive successful implementation

Strong strategic mindset, critical thinking and analytical skills with good knowledge of Microsoft programs, especially MS Excel

Good IT skills in developing scrip for the data extraction and data analysis and use of analytics tools

Good communication skills (written and oral) in English and Kinyarwanda. Excellent report writing

Ability to work both independently and in a team under tight deadlines

Demonstrated team leadership, organizational and managerial skills

Excellent coordination skills and experience in working with multiple groups of people simultaneously.

Strong interpersonal skills and orientation as a team member.

Excellent management of conflicts and ability to influence decision making at all levels.

Open minded with the ability to learn in a dynamic environment.

Click here to apply

2. Legal Counsel, Collateral Perfection (2)

Background InformationJob Title: Legal Counsel, Collateral PerfectionCurrent Grade: JG 6Divisions/ Department: Company Secretary and General CounselDuo reports to: Functionally to Manager, Collateral Management Administratively to Company secretary and General CounselDirect Report: N/AIndirect Reports: N/AContract Terms – Open EndedPurpose of the JobThe purpose of the job is to support the office of the General Counsel in matters related to loan protection and securitization in order to protect the interests of the bank’s core mandate i.e financing of projects.Main Responsibilities of the Job

Duties and responsibilities shall include but not limited to:

Assist Investment team during the whole process of project appraisal from end to end in all matters pertaining collaterals.

Visit and conduct collateral due diligence for all physical collaterals proposed to the bank by client to verify the status, value and physical location in order to protect the bank from frauds and loss of money during the recovery processes.

Draft, review and submit registration/perfection of legal and other relevant documents to the Office of the Registrar General for collateral perfection purposes.

Receive, record and scan the collateral land document, abstract of mortgages and original loan contracts for safe custody and easy consultation.

Draft collateral release form and give back the original collateral land document to the client for the purpose of clearance after payment.

Document all bank ‘s securities in both soft and hard forms by keying in the core banking system and filing them safely.

Periodically conduct and update collateral due diligence on the Bank’s collaterals to ensure existence and accuracy of collaterals.

Draft, review and regularly update collateral management procedure manual.

Confirm fulfillment of conditions of guarantee agreements by all parties (guarantor, the Bank and the client) for validity of guarantees to be sure once the guarantee is called, the compensation is done by the guarantor.

Advise analysts and Management on suitable guarantee fund depending on type and risk of the project to be guaranteed.

Analyze and prepare payment of guarantee commissions to guarantors to ensure the correctness of information and keep validity of guarantee.

Claim compensation from guarantee funds for defaulting clients in order to be paid as per the guarantee agreements,

Working relationships

All departmentsProfessional, academic qualifications and experience

At least a bachelor’s degree in Law. Master’s degree and ILPD will be advantage.

A minimum of four (4) years as general experience in the banking sector.

Core competencies

Understanding of laws on collateral in Rwanda.

Understanding collateral management and reporting.

Expertise in legal & Collateral due diligence.

Excellent writing skills.

Click here to apply

Application Guidelines: 

Interested candidate should apply online (https://www.brd.rw/careers/ ) and upload application documents including Curriculum Vitae, copies of degree certificates and professional certificates, motivation letter, names of three previous supervisors (as one document) as well as their emails and telephone.

Only online applications shall be considered.Email only for inquiries (not application): recruitment@brd.rw Address all applications to the Head, Human Capital and Corporate Services of the Development Bank of Rwanda.Deadline for application: Friday, 29th October 2021.

The employment package is highly competitive/attractive.

Due to expected high volume of applications, ONLY shortlisted applicants will be contacted.

Done in Kigali, 14th October 2021

One Comment on “3 Job positions (Internal Auditor Legal Counsel & Collateral Perfection) at BRD: Deadline: Friday, 29th October 2021”

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