Compliance Officer

PURPOSE:
The role is responsible for the management of compliance, recordkeeping, monitoring, and analytical functions involved with regulatory compliance, anti-fraud, Anti Money Laundering (AML), and Counter Terrorist Financing (CTF) with a strong background in Fund management and pension Compliance.

The Compliance Officer’s job deals with any day-to-day compliance issues that arise during financial transactions, trading, Investment or the handling of client accounts and funds.
This officer must ensure the business and its employees understand and abide by internal and regulatory procedures.
The individual with be part of the Risk and Compliance team; working within the shared services structure of CIC Insurance Group. The role will assist in compliance in the Insurance Related business but will have a substantive role in the Fund Management and Pension Compliance within the team.

PRIMARY RESPONSIBILITIES:

Performing real time surveillance and support with a view to preventing misconduct, promoting ethical standards, and monitoring and advising on rules, within the overall objective of reducing risk to the business
Develop an appropriate Compliance Management methodology and process to ensure compliance with all the set up regulations.
Provide high quality Compliance advice to Business and Support functions on applicable internal policies, laws and regulations
Ensure that all Fund Management portfolios managed by the business comply with Capital Markets Authority Guidelines.
Ensure that the pension portfolio in CIC Life and CICAM are in full compliance with the Retirement Benefit Authority Guidelines.
Provide advice regarding Anti-money laundering compliance especially; client due diligence, KYC standards, internal policies and local regulations
Assist with the review of marketing materials and client presentations to ensure compliance with regulatory requirements and presentation of the same to regulators for approval
Provide high level analysis on changes to regulations and provide support to the Business on implementation
Carry out compliance monitoring and perform ad hoc investigations into matters or issues that are escalated to Compliance
Prepare draft operational policies to assist in compliance with laws and regulation for management approval.
Coordinate submission of regulatory returns

PERSON SPECIFICATIONS
Academic Qualifications

Bachelor’s Degree in Business Related Field

Professional Qualifications

Professional Qualification
CISA/CISI/CRM, CISM, Progress in CPA

Experience

Up to three (3) years’ relevant experience

 Skills and Attributes

Team player adaptable to fast-paced and changing environment and eager to learn.
Ability to manage tight processes, accuracy and attention to detail.
Ability to dive into the details and develop greater understanding of the CIC Group wide compliance requirement.
Highly disciplined person, self-motivated, and delivery focused.
Excellent time management skills – Be able to organize and meet monthly, quarterly and annual deadlines for multiple regulators.

If you have the aforementioned professional and academic qualifications and you are ready to execute,the above mandate, kindly send your resume to the address below indicating on the subject of your email the job title.

Apply via :

cic.co.ke