KEY PRIMARY RESPONSIBILITIES
Performing risk assessment, evaluation of the risks and working with business to design mitigation for the risks.
Coordinating the Risk & Control Self-Assessment (RCSA) framework across the various businesses and support units
Working with risk champions to follow through on management actions towards risk mitigation
Reporting on changes in risk measures given the effectiveness of controls
Assist in coordinating and carrying out trainings aimed at empowering staff on risk matters
Monitoring and acting on any KPI / KRI adverse trends that may have negative impact to the group or individual company within the group
Tracking and analyzing incidences of frauds (successful and attempted), identify causes and working with respective units on their implementation of comprehensive measures to close loopholes.
Working with the Group Head of Risk & Compliance to implement the business continuity management framework for the group ensuring BCP testing is carried out as per schedule.
Championing the documentation of inter departmental SLAs, policies and standard operational procedures.
Ensure that all applicable legislation is complied with by each company within the group through day to day monitoring and regular review of compliance to legislation, regulations and internal policies and controls.
Review Company process/operational manuals and systems to ensure that they meet the set regulations, policies and all other requirements such as mandates, escalations, controls, etc. are in place and aligned.
Identify areas of compliance weakness and recommend remedial measures in consultation with the Group Head of Risk & Compliance and other senior business leaders as appropriate.
Prepare and present risk and compliance reports to various stakeholders as per approved schedule.
Perform the role of AML/CTF Compliance Officer, including training and awareness, oversight of customer due diligence and suspicious transaction monitoring and reporting.
Coordinating with key internal stakeholders and external authorities to resolve compliance-related issues and client complaints.
Any other duty as assigned from time to time.
ACADEMIC QUALIFICATIONS
Bachelor’s degree in law, accounting, business, public administration, or related field
JOB SKILLS AND REQUIREMENTS
Knowledge of insurance operations
Good understanding of regulatory requirements, legal and prudential guidelines
Good communication skills
Analytical skills
IT proficiency
Adaptable to changing environments
PROFESSIONAL QUALIFICATIONS
Possession of a professional designation such as Certified Compliance Officer, Certified Internal Auditor, Certified Public Accountant, Certified Public Secretary, Certified Information Systems Auditor, AML or Certified Fraud Examiner
Chartered Institute for Securities Investment (CISI) certification an added advantage
EXPERIENCE
At least two years in a compliance, risk management or legal practice within a large organization preferably in a financial services industry or a consulting firm.
Apply via :
recruitment@apollo.co.ke
