Senior Compliance Officer at
2 months ago
Jubilee Insurance has spread its sphere of influence throughout the region to become the largest Composite insurer in East Africa, handling Life, Pensions, general and Medical insurance.
Job RefNo:
JHIL126
Role Purpose
The main purpose is to ensure that the organization operates in adherence to legal and regulatory requirements, industry standards, and internal policies.
You will be responsible for establishing and maintaining a robust compliance program, conducting compliance reviews, and providing guidance to ensure the company's compliance with applicable laws and regulations.
Key ResponsibilitiesOperational
Develop and implement a comprehensive compliance program to ensure adherence to applicable laws, regulations, and industry standards.
Monitor regulatory changes and industry developments to assess their impact on the organization and implement necessary updates to policies and procedures.
Conduct regular compliance reviews and assessments to identify gaps, risks, and areas for improvement.Develop and deliver compliance training programs to enhance awareness and understanding of compliance requirements across the organization including Anti–Money Laundering, Data Protection, and other recommended by the regulator.
Collaborate with internal stakeholders, such as senior management, head of compliance, legal counsel, risk management, and audit teams, to address compliance issues and develop appropriate solutions.
Establish and maintain effective compliance reporting mechanisms, including whistleblower channels, to encourage reporting of potential compliance violations.Ensure that suspicious transactions are identified and reported immediately to the Money Laundering Reporting Officer without tipping off.
Investigate and respond to compliance incidents, violations, or breaches, ensuring appropriate actions are taken and corrective measures are implemented.
Conduct compliance audits, reviews and monitor the effectiveness of internal controls to mitigate compliance risks in line with laid down policies, regulations, laws, and best practices within the company.
Prepare and submit regulatory reports and filings in a timely and accurate manner.Stay updated on emerging regulatory trends, changes in laws, and industry best practices to ensure ongoing compliance and recommend necessary actions to senior management.
Address employee concerns or questions on legal compliance.Corporate Governance
Stay updated on emerging trends, best practices, and industry benchmarks related to compliance.
Adherence to the laws and regulations of Kenya, the policies and regulations within the insurance industry and all internal company policies and procedures.
Ensuring compliance with applicable statutory and regulatory requirements and establishing mitigation measures against emerging business risks.Culture
Demonstrate continued personal development within the compliance space.
Fostering a corporate culture that promotes ethical practices and good corporate citizenship while maintaining a conducive work environment.
Collaborate with cross-functional teams to develop initiatives that promote a positive and inclusive company culture.
Individualized Development Planning:
Create personalized development plans that align with your career aspirations and the organization's objectives.
Laws, Regulations, Company Policies &
Regulatory Guidelines:
Stay informed about applicable laws and regulations, including Anti-Money Laundering (AML) and Counter Financing of Terrorism (CFT) laws, Data Protection laws, as well as the Insurance law; Ensure that your actions and activities align with these legal requirements;
Understand and adhere to internal company policies, processes, and procedures; Promptly report any instances of non-compliance to management and the designated compliance officer; Take proactive measures to mitigate compliance risks within your role and department; Participate in training programs and awareness sessions organized by the company to enhance your understanding of compliance requirements.
Key Skills and CompetenciesRegulatory Knowledge:
In-depth understanding of insurance laws, regulations, and industry compliance requirements.
Analytical Thinking:
Strong analytical skills to assess compliance risks, conduct reviews, and develop effective solutions.
Attention to Detail:
Thoroughness and accuracy in reviewing policies, procedures, and regulatory requirements.
Problem-Solving:
Ability to identify and address compliance issues, violations, and breaches in a timely and effective manner.
Communication Skills:
Excellent verbal and written communication skills to provide guidance and training on compliance matters and interact with stakeholders at all levels.
Collaboration:
Ability to collaborate with cross-functional teams and build effective working relationships to address compliance challenges.
Ethical Conduct:
Commitment to ethical conduct and high standards of integrity in all compliance-related activities.
Continuous Learning:
Proactive attitude towards staying updated on regulatory changes and industry best practices.
Requirements
Qualifications
Bachelor's degree in business administration, Finance, or Law.
Professional qualification from International Compliance Association or Association of Certified Anti Money Laundering
Relevant Experience
Minimum of 5 years working experience in a compliance/audit environment within the financial services industry, preferably in the insurance or banking industry.
-
Compliance Officer
3 weeks ago
Nairobi, Nairobi Area, Kenya Corporate Staffing Services Full timeCIHEB is an international health, education, and research center founded by the Institute of Human Virology within the University of Maryland, Baltimore's School of Medicine. The center is comprised of a network of international experts who work with local stakeholders to combat infectious and non-communicable diseases in resource-limited regions of the...
-
Risk and Compliance Officer
4 weeks ago
Nairobi, Nairobi Area, Kenya Pi Consulting Services (PYCS) Full timeABOUT THE COMPANYEnabling Efficiency, Fueling Growth.. ~PYCS ( Pi Consulting Services) is a Fintech company that provides end-to-end payment automation services for international money transfer organizations, banks, corporates, Small and Medium Enterprises (SMEs), SACCOs and fintechs (financial technology firms)JOB SUMMARYThe Risk and Compliance Officer will...
-
Shariah Compliance Officer at
3 months ago
Nairobi, Nairobi Area, Kenya Inkomoko Full timeInkomoko's vision is an Africa with thriving communities where young people and refugees are engaged, communities have access to relevant innovations for self-determination, and where African solutions are unleashed to solve African problems.About the OpportunityWe are looking for a motivated and experienced Shariah Officer (SO) to join our team You will be...
-
Grant Compliance Manager at
2 months ago
Nairobi, Nairobi Area, Kenya GiveDirectly Full timeGiveDirectly is the first - and largest - nonprofit that lets donors like you send money directly to the world's poorest. We believe people living in poverty deserve the dignity to choose for themselves how best to improve their lives - cash enables that choice.About This Role The Grant Compliance Manager is accountable for coordinating and managing the full...
-
Head of Finance, Compliance and Operations at
1 month ago
Nairobi, Nairobi Area, Kenya Mercy Corps Full timeMercy Corps is a global humanitarian aid agency engaged in transitional environments that have experienced some sort of shock: natural disaster, economic collapse, or conflict.Essential Job ResponsibilitiesFINANCIAL MANAGEMENT Ensure effective and transparent use of E4I financial resources in compliance with Mercy Corps and donor policies and procedures....
-
Head of Internal Audit and Compliance at
3 months ago
Nairobi, Nairobi Area, Kenya Save the Children Full timeThe Save the Children Fund, commonly known as Save the Children, is an international non-governmental organization that promotes children's rights, provides relief and helps support children in developing countriesROLE PURPOSE:The Head of Internal Audit and Compliance in the Country Office (CO) is responsible for providing leadership and coordination of...
-
Compliance Officer II
4 weeks ago
Nairobi, Nairobi Area, Kenya National Social Security Fund (NSSF) Full timeABOUT THE COMPANYThe National Social Security Fund (NSSF) is a government agency responsible for the collection, safekeeping, responsible investment and distribution of retirement funds of employees in both the formal and informal sectors of the Kenyan Economy. Participation for both employers and employees is compulsory. NSSF is both a Pension fund and...
-
Legal and Compliance Officer
1 month ago
Nairobi, Nairobi Area, Kenya Corporate Staffing Services Full timeLegal vacancies in Kenya. Reports To: Legal Manager,Gross Salary: ksh 100k – 130k,Our client in the Advertising industry is looking to hire a Legal and Compliance Officer to provide legal support to the company in preparing, vetting and reviewing legal contracts, legal instruments, and all legal documents relating to the organisation's activities among...
-
Senior Procurement Officer
2 months ago
Nairobi, Nairobi Area, Kenya World Agroforestry Centre (ICRAF) Full timeABOUT THE COMPANYThe World Agroforestry Centre (ICRAF) is a CGIAR Consortium Research Centre that aims at rural transformation throughout the tropics as smallholder households increase their use of trees in agricultural landscapes to improve their food security, nutrition security, income, health, shelter, social cohesion, energy resources and environmental...
-
Senior Procurement Officer at
2 months ago
Nairobi, Nairobi Area, Kenya World Agroforestry Centre (ICRAF) Full timeThe World Agroforestry Centre, is an international institute headquartered in Nairobi, Kenya, and founded in 1978. The Centre specializes in the sustainable management, protection and regulation of tropical rainforest and natural reserves.OverviewThe Senior Procurement Officer will be involved in the development and implementation of a procurement strategy...
-
Senior Credit Officer at
2 months ago
Nairobi, Nairobi Area, Kenya Kilimani Children's Clinic Full timeThe Kilimani Children's Clinic opened its doors to the public in November Since then we have experienced a steady growth thanks to our dedicated team of consultant paediatricians, nurses and other health professionals.SummaryWe are seeking an experienced Senior Credit Officer to lead and optimize our efforts in recovering payments from insurance companies....
-
Risk and Compliance Officer at
2 months ago
Nairobi, Nairobi Area, Kenya Kenya Red Cross Society Full timeKenya Red Cross is one of the many International Red Cross and Red Crescent Movement societies around the world. The Kenya organisation was established in 1965, The Kenya Red Cross supports and runs a number of projects whilst raising awareness to the Kenyan public about the current issues or problems which may affect themOverall Purpose The position is a...
-
Legal & Compliance Manager
1 month ago
Nairobi, Nairobi Area, Kenya PrideInn Hotels and Conferencing Full timeJOB SUMMARYThe Legal & Compliance Manager will be responsible for overseeing our legal and compliance functions, ensuring that our company adheres to all relevant laws and regulations. This role involves managing compliance programs, providing legal advice, and leading initiatives to mitigate risks. You will work closely with various departments to integrate...
-
Senior Finance Officer at
3 months ago
Nairobi, Nairobi Area, Kenya Tech Care for All Africa (TC4A) Full timeTech Care for All Africa (TC4A) is an innovative digital health company committed to transforming healthcare outcomes in Africa. We are renowned for our flagship Medical Learning Hub (MLH), a state-of-the-art platform reshaping healthcare educationPosition Overview:We are seeking a highly experienced and motivated Senior Finance Officer to join our growing...
-
Protocol Officer
3 weeks ago
Nairobi, Nairobi Area, Kenya United Nations Office at Nairobi Full timeJOB SUMMARYEducationAn advanced university degree (Master's degree or equivalent) in international relations, political science, public administration or related fields is required.A first-level degree (Bachelor's degree or equivalent) in the specified fields of studies with two additional years of relevant work experience may be accepted in lieu of the...
-
Senior Project Officer Agriculture at
3 months ago
Nairobi, Nairobi Area, Kenya Oikocredit Full timeOikocredit is a social impact investor and worldwide cooperative. We have over four decades of experience in promoting sustainable development through investments. We focus our investments on financial inclusion, agriculture and renewable energy.SummaryThe Senior Project Officer will work with internal and external experts as required in the best interests...
-
Compliance and Investigation Officer at
1 month ago
Nairobi, Nairobi Area, Kenya Watu Credit Limited Full timeWatu Credit Limited is a dynamic and fast-growing non-bank finance company. Watu Credit Limited harnesses technology to offer unsecured lending, primarily via mobile services. We aim to become the leading African provider of a broad set of inclusive financial products, delivered through technology in a fast, efficient and professional manner.Job...
-
Risk and Compliance Officer at
4 weeks ago
Nairobi, Nairobi Area, Kenya Serena Hotels Full timeBeyond the bustle of Kenya's most cosmopolitan metropolis, experience a haven of elegance and calm nestled among lush gardens at the edge of Nairobi's Central Park. Our Nairobi hotel merges business and leisure, art and gastronomy and five-star style and serviceSummaryPeriodic monitoring of the compliance matrix across the Africa region to ensure that the...
-
Senior Procurement Officer
3 weeks ago
Nairobi, Nairobi Area, Kenya Center for International Forestry Research (CIFOR) Full timeThe Center for International Forestry Research (CIFOR) is a non-profit, scientific institution that conducts research on the most pressing challenges of forest and landscape management around the world. Using a global, multidisciplinary approach, we aim to improve human well-being, protect the environment, and increase equity. To do so, we conduct innovative...
-
Regional Financial Risk and Compliance Manager at
3 months ago
Nairobi, Nairobi Area, Kenya Church World Service Full timeChurch World Service (CWS) was founded in 1946 and is a cooperative ministry of 37 Christian denominations and communions, providing sustainable self-help, development, disaster relief, and refugee assistance around the worldPrimary Purpose:The Regional Financial Management and Compliance Manager will be responsible for ensuring effective implementation of...