Compliance Officer Role and Responsibilities in Kenya
In today’s fast-paced business environment, ensuring compliance with laws, regulations, and industry standards is crucial for organizations operating in Kenya. A Compliance Officer plays a vital role in this process by developing, implementing, and overseeing compliance programs to mitigate legal and regulatory risks.
Job Description
As a Compliance Officer in Kenya, your primary responsibility will be to develop, implement, and maintain compliance programs, policies, and procedures to ensure adherence to relevant laws, regulations, and industry standards. You will also conduct audits, assessments, and training to promote compliance awareness and foster a culture of integrity and accountability within the organization.
Key Responsibilities
- Develop, Implement, and Maintain Compliance Programs: Ensure adherence to relevant laws, regulations, and industry standards by developing, implementing, and maintaining compliance programs, policies, and procedures.
- Monitor Regulatory Changes and Emerging Risks: Identify potential compliance issues and recommend appropriate actions by monitoring regulatory changes, emerging risks, and industry trends.
- Conduct Compliance Risk Assessments and Audits: Evaluate the effectiveness of controls and identify areas for improvement through conducting compliance risk assessments and audits.
- Investigate Allegations of Non-Compliance: Investigate allegations of non-compliance, fraud, misconduct, or unethical behavior and recommend corrective actions and preventive measures.
- Provide Guidance on Compliance Matters: Provide guidance and advice to employees on compliance matters, including regulatory requirements, company policies, and ethical standards.
- Develop and Deliver Compliance Training Programs: Develop and deliver compliance training programs and materials to educate employees on their responsibilities and promote awareness of compliance obligations.
Requirements
To be considered for this role, you will need:
- A Bachelor’s degree in business, law, finance, or a related field
- Proven experience in compliance, risk management, internal audit, or regulatory affairs roles
- Strong analytical and problem-solving skills
- Excellent communication and interpersonal skills
In addition to the above requirements, you will need to demonstrate a strong understanding of relevant laws, regulations, and industry standards applicable to the organization’s operations. Knowledge of compliance frameworks, methodologies, and best practices, such as COSO, ISO 19600, or NIST Cybersecurity Framework, is also desirable.
Why Apply?
If you are looking for a challenging and rewarding role that requires strong analytical and problem-solving skills, excellent communication and interpersonal skills, and a deep understanding of compliance regulations in Kenya, this could be the perfect opportunity for you.