Fraud and Misappropriation Prevention Officer

Job Vacancy at Umodzi Microfinance Limited: Fraud and Misappropriation Prevention Officer – Tanzania, October 2026

About Umodzi Microfinance Limited

Umodzi Microfinance Limited is a microfinance institution operating in Tanzania. The organisation provides financial services and focuses on maintaining effective operational controls, regulatory compliance, and responsible financial management.

The company invites applications from qualified candidates for the position of Fraud and Misappropriation Prevention Officer (FMPU).

Position: Fraud and Misappropriation Prevention Officer (FMPU)

Job Posted: 21 October 2026
Location: Tanzania
Application Deadline: 4 November 2026

Job Purpose

The Fraud and Misappropriation Prevention Officer will develop and implement strategies to prevent, detect, and respond to fraud and financial misappropriation. The successful candidate will help safeguard organisational assets, strengthen internal controls, and ensure compliance with applicable laws, regulations, and internal policies.

Key Responsibilities

1. Planning and Implementation

• Develop the overall Microfinance Programme business plan in consultation with the team and ensure alignment with Umoja Microfinance’s strategy.
• Implement programme strategies, three-year business plans, and annual operating plans in accordance with the organisation’s mission, core values, policies, and procedures.
• Establish effective and efficient monitoring tools and systems for microfinance programme operations.
• Develop, revise, and update operational manuals and procedures covering lending methodologies, financial services, internal controls, and other relevant operational documents.
• Review existing financial products and develop new products based on market surveys and regular client feedback.
• Prepare funding proposals where appropriate.

2. Monitoring, Follow-Up, and Reporting

• Monitor programme plans and targets, identify performance variances, explain their causes, and recommend corrective actions.
• Ensure operational policies and procedures are applied consistently across all branches.
• Support the expansion of microfinance operations while maintaining quality performance and compliance with organisational standards, regulatory benchmarks, and microfinance best practices.
• Prepare and submit branch operational reports and programme narrative reports to management and relevant government authorities, including UMRA, as required.
• Work with the IT team to develop loan-tracking systems and monitor their implementation.
• Follow up on audit findings and ensure that operational recommendations are addressed.
• Collect and analyse information about competitors, client feedback, and customer concerns at least every six months, and recommend improvements.

3. Capacity Building and Staff Development

• Identify annual learning and development needs for branch managers and operational staff.
• Develop annual training plans to strengthen the competencies of the operations team.
• Prepare training curricula and materials and contribute to staff training as a key trainer.
• Conduct performance appraisals for operational staff.
• Develop and revise job descriptions and core competency requirements when necessary.
• Demonstrate leadership and professional conduct that reflect the organisation’s mission, core values, and culture.

4. Networking and Relationship Management

• Build and maintain effective working relationships with Umoja Microfinance staff, clients, other organisations, government institutions, and the general public.
• Maintain effective communication and cooperation with relevant stakeholders to support programme operations.

Qualifications and Skills

Applicants should possess the following qualifications and competencies:

• Proven experience in fraud detection, financial auditing, or a similar role, preferably in the banking or microfinance sector.
• Strong understanding of financial regulations and laws relating to fraud and financial crimes.
• Excellent analytical, investigative, and problem-solving skills.
• Ability to handle sensitive information discreetly and maintain confidentiality.
• Strong communication and interpersonal skills.
• Ability to identify operational weaknesses, monitor performance, and recommend appropriate corrective measures.

How to Apply

Interested candidates should submit the following documents:

• Updated CV
• Covering letter
• Academic documents

Send your application by email to recruitment@umodzitz.com.

Email Subject: Fraud and Misappropriation Prevention Officer (FMPU)

Application Deadline: 4 November 2026

Ensure that your application includes all the required documents and is submitted before the closing date.