Risk & Compliance Officer

About the position

Job Summary:

To initiate, implement and liaison with the respective functional heads, and manage the risk and compliance initiatives for GA Insurance

Responsibilities

• Develops and monitors risk registers for all departments and performs risk assessments for new products and vendors.
• Prepares risk register reports and analysis for review by the manager.
• Monitor, and as necessary, coordinate risk and compliance activities through respective departments to ensure GA remains abreast of the status of all insurance-related risks & compliance activities.
• Follow up on any identified deficiencies and make recommendations for amendment.
• Implement the risks and compliance policies and procedures in place.
• Provide reports on a monthly and quarterly basis, and as directed or requested.
• Provide relevant information required by external bodies and regulators on compliance matters such as reporting suspicious transactions related to money laundering and the fight against terrorism financing.
• Monitor the performance of the compliance program and related activities on a continuous basis, taking appropriate steps to improve its effectiveness.
• Implementing an effective risk training program will be developed.
• Keep abreast with the applicable laws, regulations, rules, and standards in the risk & compliance fraternity and advise on the emerging developments of the same.
• Team participation both within the department and other departments.

Qualifications

• Bachelor’s degree in Commerce, Finance, Business Administration, or its equivalent from a recognized institution.
• CPA (K), Risk Certification, or Equivalent Professional qualification.
• Member of a professional body e.g., ICPAK, ISACA etc. will be an added advantage.

Experience

• 3 – 5 years’ experience.
• Background in the financial industry will be an added advantage. Competencies
• Strong analytical and organizational skills.
• Personal attributes: integrity, dependable, initiative-taking, results-oriented, creative, and strong interpersonal skills.
• Ability to operationalize strategy into action for the function.
• Effective communication skills, both verbal & written

Join us

If you meet the above minimum requirements, send your c.v to careers@gakenya.com indicate the position applied for on the email subject line to be received on or before 22nd May 2023. Only shortlisted candidates will be contacted.