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 to maintain a robust Enterprise Risk and Compliance management framework within the company.

In addition, the Job holder will also act as the Money Laundering and Reporting Officer (MLRO) for I&M Capital Limited.


KEY RESPONSIBILITIES:
Governance

Developing and regularly reviewing policies and procedures.
Maintaining the policy & procedure catalog while tracking policy and procedure reviews as per the approved review periods.
Ensuring that new or revised policies & procedures are cascaded to all staff as appropriate.
Promoting a risk aware and compliance culture within the Company
Preparing and presenting regular reports to the management and board risk committee meetings
Act as liaison with key control functions such as Group Risk & Compliance and Group Internal Audit

Risk Management

Implementing the Enterprise risk management framework within the Company in line with regulatory requirements, Group minimum standards and best practices

Implementing the Risk & Control Self-Assessment (RCSA) framework and ensure maintenance of an updated risk register that reflects the Company's current risk environment.

Conducting risk assessments for new products, partnerships, systems and processes and ensure controls and risk mitigation plans are implemented as appropriate.

Implementing the Key Risk Indicators (KRIs) framework and ensure maintenance of the company's KRI library.
Conducting control tests as per control testing guidelines.
Regularly reviewing procedures/processes to identify areas of potential improvement or weakness in risk management controls.
Coordination of incident reporting, follow up on root cause analysis and implementation of remediation actions.
Maintaining loss database and co-ordinating loss data collection and reporting.
Implementing the business continuity framework and support in the operationalization of response required during a business continuity activation.
Tracking risk mitigation and remediation activities for both current and emerging risks
Tracking implementation of actions arising from internal and external audits and regulatory reviews

Compliance Management

Ensuring that the Company complies with the requirements of CMA Act & regulations, Anti-money laundering legislation and Group Minimum standards.

Implementing Compliance policies and frameworks
Monitoring on adherence to compliance obligations and ensure compliance risks are identified, managed and reported.
Acting as the Money Laundering and Reporting Officer for the company

Act as the primary contact and liaison with the CMA and Financial reporting center (FRC) and respond to all queries from the authorities.

Regulatory reporting of returns to the CMA & FRC.

Ensuring compliance to Know your customer (KYC) standards, conducting of screening and risk rating of clients prior to on-boarding in line with CMA & AML regulations and related company policies.

Conducting annual AML risk assessments in line with CMA and FRC requirements.

Developing and implementing a monitoring system to ensure that all suspicious transactions are investigated, documented, reported and passed on to the FRC if necessary.

Conducting enhanced due diligence on high-risk clients and third parties
Conducting due diligence on accounts suspected to be exposing the Company to AML/CFT risks and recommending necessary actions.
Performing ongoing monitoring of high-risk clients for the purposes of identifying any emerging AML suspicious activities and behavior.
Reviewing of accounts opened to ensure adequacy of account opening documents.
Ensuring adequate maintenance of records as per AML/CFT requirements

Act as an AML subject matter expert within the Company and provide appropriate guidance and support to employees on AML related matters.

Implementation of the data protection framework within the Company, participating in data impact assessments and co-ordinating the implementation of mitigation actions

REQUIREMENTS

BASIC QUALIFICATIONS:
Bachelor's degree in economics or finance or business or securities related field.
Certification in CPA (K), CIA, CSIA, FRM, GARP, PRMIA or CFA; Chartered Institute for Securities and Investment (CISI)
Minimum Five (5) years' experience in the Capital Markets sector, two (2) of which should be in Risk Management
Demonstrated achievements directly attributable to the candidate.

SKILLS AND ATTRIBUTES:
Exceptional analytical and quantitative background.
Excellent written and verbal communication skills.
High level of accuracy and attention to detail.
Excellent time management skills and ability to work under strict deadlines.
Initiative - must be a self-starter, able to work independently with drive and motivation.
Outstanding interpersonal skills and ability to work across functions and levels of seniority.
Good understanding of all aspects of Enterprise Risk Management
Ability to anticipate business risks and develop adequate mitigating risk management controls.
Good understanding of Capital Markets products and services.
Good working knowledge of Capital markets regulations and Anti-money laundering Act and regulations.

  • Senior Manager, Risk and Compliance at

    3 weeks ago

    Nairobi, Nairobi Area, Kenya GiveDirectly Full time

    GiveDirectly 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 Senior Manager of Risk and Compliance is responsible for implementing GD's...

  • 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...

  • 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...

  • Risk & Compliance Manager, International Business at

    4 weeks ago

    Nairobi, Nairobi Area, Kenya Britam Full time

    Britam is a leading diversified financial services group, listed on the Nairobi Securities Exchange. The group has interests across the Eastern and Southern Africa region, with operations in Kenya, Uganda, Tanzania, Rwanda, South Sudan, Mozambique and Malawi.Strategic Purpose:This role will coordinate the management of risk management and compliance...

  • 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,...

  • Senior Manager Governance, Risk and Compliance at Safaricom Kenya

    4 weeks ago

    Nairobi, Nairobi Area, Kenya Safaricom Kenya Full time

    Safaricom is the leading provider of converged communication solutions in Kenya. In addition to providing a broad range of first-class products and services for Telephony, Broadband Internet and Financial services, Safaricom seeks to uplift the welfare of Kenyans through value-added services and support for community projects.SUMMARYWe are pleased to...

  • Head of Risk and Compliance at

    4 weeks ago

    Nairobi, Nairobi Area, Kenya Rose Avenue Group Full time

    Rose Avenue Consulting Group is a financial management, strategy and consulting firm that combines deep industry knowledge with specialized expertise in corporate finance, strategy and research. Together with our clients and partnering companies we address our client's most critical issues and challengesJob Purpose Contribute to the overall risk management...

  • 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...

  • Risk Management

    4 weeks ago

    Nairobi, Nairobi Area, Kenya SGS Full time

    SGS is the world's leading inspection, verification, testing and certification company.Responsibilities: Establish, implement and maintain effective internal control systems to safeguard company's assets and to ensure reliability of financial reporting, and compliance with laws and regulations at SGS. Drive effective Internal Controls over Financial...

  • 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 Manager 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 The Risk Manager will be responsible for...

  • Principal Risk Management and Quality Assurance Officer

    4 weeks ago

    Nairobi, Nairobi Area, Kenya Kenya Marine and Fisheries Research Institute Full time

    ABOUT THE COMPANYKenya Marine and Fisheries Research Institute is empowered to carry out research in Marine and Freshwater fisheries, Aquatic biology, Aquaculture, Environmental Chemistry, Ecological, Geological and Hydrological studies, as well as Chemical and Physical Oceanography.JOB SUMMARYRequirements for Appointment/Person SpecificationsFor appointment...

  • 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...

  • Manager, Financial Crime Compliance at

    4 weeks ago

    Nairobi, Nairobi Area, Kenya Standard Bank Group Full time

    Standard Bank Group is the largest African banking group by assets offering a full range of banking and related financial services. "Africa is our home, we drive her growth" Our vision is to be the leading financial services organisation in, for and across Africa, delivering exceptional client experiences and superior valueJob PurposeTo implement FCC...

  • Assistant Manager

    4 weeks ago

    Nairobi, Nairobi Area, Kenya Reeds Africa Consult Full time

    Reeds Africa consult (RAC) offers a broad scale of Human resource services designed to provide professional supports for the growing needs of today's corporate organizationsJob Summary:Our client is looking for An ASSISTANT MANAGER - RISK & COMPLIANCE who will be responsible for establishing, implementing and enforcing a robust Company-wide risk management...

  • 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...

  • ESG, Risk

    1 week ago

    Nairobi, Nairobi Area, Kenya Centum Investments Co. Ltd. Full time

    ABOUT THE COMPANYCentum is East Africa's leading investment company listed on the Nairobi Securities Exchange and Uganda Securities Exchange. It aims at providing investors with access to a portfolio of inaccessible, quality, diversified investments.JOB SUMMARYCentum Investment Company Plc seeks to recruit an ESG, Risk and Compliance Manager.Minimum...

  • Assistant Manager

    2 weeks ago

    Nairobi, Nairobi Area, Kenya Kenindia Assurance Company Limited Full time

    Kenindia Insurance Ltd, was established as merger of Indian Insurance Companies operating in Kenya to form a vibrant joint venture with moral and financial support from leading local business elite on 6th December 1978.Main Purpose of the Job - (Job Summary)Implement the Compliance Strategy by ensuring compliance by the business with applicable legislation...

  • Head of Enterprise Risk Management

    3 weeks ago

    Nairobi, Nairobi Area, Kenya Britam Full time

    ABOUT THE COMPANYBritam is a leading diversified financial services group, listed on the Nairobi Securities Exchange. The group has interests across the Eastern and Southern Africa region, with operations in Kenya, Uganda, Tanzania, Rwanda, South Sudan, Mozambique and Malawi. The group offers a wide range of financial products and services in Insurance,...

  • ESG, Risk

    6 days ago

    Nairobi, Nairobi Area, Kenya Centum Full time

    Centum is East Africa's leading investment company listed on the Nairobi Securities Exchange and Uganda Securities Exchange. We are an investment channel providing investors with access to a portfolio of inaccessible, quality, diversified investmentsPosition SummaryCentum Investment Company Plc seeks to recruit an ESG, Risk and Compliance Manager.Reporting...