Compliance Officer at

4 weeks ago

Nairobi, Nairobi Area, Kenya Jubilee Insurance Full time
Jubilee Insurance was established in August 1937, as the first locally incorporated Insurance Company based in Mombasa in 1937.

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 Ref. No. JLIL200
Role Purpose
The job holder will be accountable for the compliance of the Life Business.

The job holder will support services on all levels ensuring the company is compliant with internal Jubilee Insurance policies, all external regulations, acts and laws applicable in the insurance and financial services industry.

The role holder plays a critical role in overseeing and implementing the company's compliance framework, thus mitigating compliance risks and upholding the highest ethical standards within the organization.

Main Responsibilities
Strategy

Collaborate with senior management and other key stakeholders to implement the strategic direction for the Compliance Function with the Life Company.

This involves analyzing market trends, assessing industry dynamics, and identifying opportunities for improvement and growth.
Keep abreast of regulatory developments and industry initiatives and advise management accordingly.

Data Privacy Impact Assessments:

Conduct privacy impact assessments for new products, processes, or systems that involve the collection and processing of personal data.


Data Retention Policies:

Develop and enforce data retention policies to ensure data is retained only for the necessary period and in accordance with legal requirements.

Operational

Ensures that applicable regulation is adhered to by the business and support functions through day-to-day monitoring and regular review to ensure compliance to existing legislation, regulations and internal policies and controls.

Ensures that compliance risks are identified, assessed, controlled, and enforced.
Suspicious transactions are identified and reported immediately.

Review company processes/operational manuals and systems to ensure that they are regularly updated to meet the set regulations, policies, and all other requirements such as mandates, escalations, controls, etc.

Identifying areas of compliance weakness and recommend remedial measures in consultation with the Heads of Departments, Regional Compliance Manager, and Regional Risk Manager.

Work with Internal Audit on their recommendation on compliance related issues for implementation.
Preparing departmental compliance training material and train staff and third parties within the business. Verify understanding through testing and work with the Compliance team on projects to increase compliance awareness.
Preparing and presenting compliance reports to various stakeholders on a daily, weekly, monthly, quarterly and annual basis.

Conducting continuous audits, reviews, and enhancements of processes/systems/documents and manuals with reference to laid down policies, regulations, laws, and best practices within the company.

Report non-compliance and support the team in management of a crisis or compliance violation.
Address employee concerns or questions on legal compliance.
Demonstrate continued personal development within the compliance space.
Any other duties that may be assigned by the Management.

Corporate Governance

Compliance:
Stay updated on industry regulations, compliance requirements, and best practices.

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.
Implement effective risk management strategies, including appropriate internal controls, to mitigate operational, financial, and regulatory risks.

Leadership & Culture

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.
To provide the much-needed transformational leadership to meet and surpass the expectations of stakeholders.
Set performance targets and objectives, monitor progress, and ensure timely completion of activities.
Conduct regular team meetings and training sessions to enhance skills and knowledge.

Requirements
Key Competencies

In-depth knowledge of life insurance regulations and industry practices.
Strong understanding of AML, KYC integrity, and Data Privacy requirements.
Analytical and problem-solving skills to assess and address compliance risks.
Excellent communication and interpersonal skills to educate and advise stakeholders.
Ability to collaborate effectively with cross-functional teams.
Detail-oriented with strong organizational and time management abilities.
Proactive approach to staying updated on regulatory developments.
Leadership and influencing skills to drive data protection compliance initiatives across the organization.

Qualifications

Bachelor's degree in Insurance, Finance, Risk, Compliance, Law or any other related course
Advanced degree or professional certifications in Risk & Compliance

Relevant Experience

Minimum 3-4 years' experience within the compliance sector, risk management and compliance space.
In-depth knowledge of life insurance industry.
3. Proven track record of successfully implementing strategic initiatives and driving process improvements.

  • Senior Compliance Officer at

    2 weeks ago

    Nairobi, Nairobi Area, Kenya The Commission on Administrative Justice (Office of The Ombudsman) Full time

    The Commission on Administrative Justice (CAJ) also known as the Office of the Ombudsman is a Constitutional Commission established under Article and Chapter Fifteen of the Constitution, and the Commission on Administrative Justice Act, 2011DUTIES AND RESPONSIBILITIES:Analysing data and information on compliance by State or Public Officers with the...

  • Compliance Officer at

    4 weeks ago

    Nairobi, Nairobi Area, Kenya BDSwiss Full time

    BDSwiss is a leading financial group, offering Forex and CFD investment services to more than a million clients worldwide. BDSwiss as a brand was established back in 2012 and has since then been providing top-class products, a wide range of platforms, competitive pricing and fast execution on more than 250 underlying CFD instrumentsWe're on a mission to find...

  • Senior Compliance Officer

    2 weeks ago

    Nairobi, Nairobi Area, Kenya Commission On Administrative Justice "Office of the Ombudsman" Full time

    ABOUT THE COMPANYThe Commission on Administrative Justice (CAJ) also known as the Office of the Ombudsman is a Constitutional Commission established under Article and Chapter Fifteen of the Constitution, and the Commission on Administrative Justice Act, 2011. The Commission has a mandate, inter-alia, to investigate any conduct in state affairs or any act or...

  • Compliance Officer at

    4 weeks ago

    Nairobi, Nairobi Area, Kenya Sidian Bank Full time

    At Sidian Bank, we recognize the significant accountability and inherent risks that an entrepreneur takes to make his ideas and dreams a reality. It is for this reason that our mission is to empower entrepreneurs to create wealth through provision of transformational financial solutions that meet entrepreneurs needs and facilitate growth through convenience...

  • Compliance and Risk Management Officer at

    4 weeks ago

    Nairobi, Nairobi Area, Kenya World Health Organization (WHO) Full time

    The World Health Organization is a specialized agency of the United Nations that is concerned with international public health. It was established on 7 April 1948, headquartered in Geneva, Switzerland.Duties The incumbent will perform all or part of the following, and other related responsibilities as required by the needs of the office.Work in coordination...

  • Senior Supervision and Compliance Officer at

    2 weeks ago

    Nairobi, Nairobi Area, Kenya Council for Legal Education Full time

    Council for Legal Education (the 'Council') is statutory body constituted under the Legal Practitioners Act (Chapter 27:07). The Council was established in 1992. The Council's principal governing legislation is the Legal Practitioners ActJob SpecificationsThe duties and responsibilities at this grade will entail: - Participating in enforcing quality...

  • Tax and Compliance Officer at

    4 weeks ago

    Nairobi, Nairobi Area, Kenya BURN Manufacturing Full time

    BURN designs, manufactures, and distributes aspirational fuel-efficient cooking products that save lives and forests in the developing world. BURN has revolutionized the global cookstove sector by proving the business case for selling a high quality, locally manufactured and unsubsidized cookstoves.About the role:Burn is looking for a Tax and Compliance...

  • Principal Compliance Officer at

    4 weeks ago

    Nairobi, Nairobi Area, Kenya Privatization Commission Full time

    Our Mandate The Privatization Commission is a corporate body established under Section 3 of the Privatization Act to: formulate, manage and implement the Privatization Programme; make and implement specific proposals for privatization in accordance with the Privatization Programme; carry out such other functions as are provided for under the Act; and carry...

  • Compliance, Risk

    2 weeks ago

    Nairobi, Nairobi Area, Kenya Trees for the Future Full time

    Trees for the Future (TREES) has a solution to some of the world's most pressing challenges - the Forest Garden Approach - but as we continue to work closely with farmers on the ground we are constantly discovering ways to increase our impact.About the OpportunityThe Compliance, Risk & Community Specialist will be based in our Kisumu, Kenya office, reporting...

  • Senior Supervision and Compliance Officer

    4 weeks ago

    Nairobi, Nairobi Area, Kenya Council of Legal Education Full time

    ABOUT THE COMPANYThe Council of Legal Education is established under the Legal Education Act, No. 27 of 2012 of the Laws of Kenya. The core functions of the Council of Legal Education are to regulate legal education and training, to license and supervise legal education providers; and to advise the Government on matters relating to legal education and...

  • Legal and Compliance Officer – Advertising at

    4 weeks ago

    Nairobi, Nairobi Area, Kenya Corporate Staffing Full time

    Corporate Staffing Services is a leading recruitment agency in Kenya providing complete recruitment services. In the last ten years we have been partners to local and foreign businesses looking to hire Kenyan professionals. We have recruited for diverse clients in different sectors and industries.SummaryOur client in the Advertising industry is looking to...

  • Paralegal, Compliance

    4 weeks ago

    Nairobi, Nairobi Area, Kenya Oracle Full time

    Oracle Corporation is an American multinational computer technology corporation, headquartered in Redwood City, California.About the Position:The EMEA C&E team seeks a paralegal to support the work of the attorneys in the EMEA Compliance group. Your contribution will have a direct impact positioning the Compliance function as a key partner to our business....

  • Ethics & Compliance Officer, Africa at

    3 weeks ago

    Nairobi, Nairobi Area, Kenya bioMérieux Full time

    Pioneering Diagnostics A world leader in the field of in vitro diagnostics for 60 years, bioMérieux is present in 45 countries and serves more than 160 countries with the support of a large network of distributors.MAIN MISSIONUnder the supervision of the Sr. Director, EME&A / LatAm Compliance and Global Process & Performance, the Africa Compliance Manager...

  • Legal and Compliance Officer

    2 weeks ago

    Nairobi, Nairobi Area, Kenya The Nairobi Women's Hospital Full time

    The Nairobi Women's Hospital is a hospital in Nairobi, Kenya. The hospital was founded in 2001 by Dr. Sam Thenya and is the first of its kind in the East and Central Africa region. Even if it specialised in Obstetrics and Gynecology services, the hospital is equipped and staffed to handle all general medical and surgical conditions.SummaryBased at the Gender...

  • Roster, Compliance and Risk Management, P4 at

    4 weeks ago

    Nairobi, Nairobi Area, Kenya World Health Organization (WHO) Full time

    The World Health Organization is a specialized agency of the United Nations that is concerned with international public health. It was established on 7 April 1948, headquartered in Geneva, Switzerland.OBJECTIVES OF THE PROGRAMMEThe incumbent will advise country-office leadership, at national and subregional levels, on assessed operational, political,...

  • Tax and Duties Compliance Lead

    2 weeks ago

    Nairobi, Nairobi Area, Kenya BURN Full time

    ABOUT THE COMPANYBURN Manufacturing is a local manufacturer of eco-friendly stoves in Kenya. Their product cut down on carbon emissions by 50% when cooking and helps save time.JOB SUMMARYBURN is looking for a Tax and Duties Compliance Lead who will be responsible for supporting the Corporate Affairs team's execution of tax, duties and compliance projects in...

  • Legal & Compliance Manager at

    4 weeks ago

    Nairobi, Nairobi Area, Kenya Canon Full time

    Our global company was founded in Japan in 1937 with the aim of making the best quality camera available. Our passion for the Power of Image has made us a world leader today in both consumer and business imaging solutions.PURPOSE OF THE ROLEProvide specialist legal advice to ensure legal soundness of operations including managing various legal claims...

  • Risk and Compliance Officer at Apollo Life Assurance

    4 weeks ago

    Nairobi, Nairobi Area, Kenya Apollo Life Assurance - APA Insurance Full time

    Apollo Group (Apollo Investments Limited)was an idea born from the need to harness synergies across the insurance business. Built on commitment, integrity and innovation, it has risen to be one of the leading financial groups in East AfricaKEY PRIMARY RESPONSIBILITIESRisk In conjunction with management, facilitating the identification and assessment of risks...

  • Senior Grants and Compliance Manager at

    3 weeks ago

    Nairobi, Nairobi Area, Kenya Christian Blind Mission (CBM) Full time

    Christian Blind Mission (CBM) Kenya is an independent Member Association of the CBM Family, registered under Kenyan law as an incorporated company limited by guarantee, having a Memorandum and Articles of Association with a membership, board and company secretary. The association submits an annual audit and company returnsSummaryCBM seeks to recruit Senior...

  • Assistant Manager – Risk and Compliance at

    3 weeks ago

    Nairobi, Nairobi Area, Kenya I&M Bank Full time

    I&M Bank is a wholly owned subsidiary of I&M Holdings Limited, a publicly quoted company at the Nairobi Securities Exchange (NSE). The bank possesses a rich heritage in banking.PURPOSE:The Job holder is responsible for the day-to-day management of the Risk and Compliance function within I&M Capital Limited. The Job holder will support the CEO – I&M Capital...