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Compliance Officer Responsibilities in Kenya: A Key Role in Risk Management

In a bid to ensure compliance with regulatory requirements and mitigate potential risks, organizations in Kenya are increasingly seeking skilled professionals to take on the role of Compliance Officers. Reporting directly to the Risk and Compliance Manager, this critical position plays a vital role in initiating, implementing, and managing operational, insurance risk, and compliance initiatives.

Key Responsibilities

The successful candidate will be responsible for:

• Creating awareness on risk management across the organization, facilitating the embedding of a risk-conscious culture.
• Following up proactively on action plans put in place by management to address risk exposures and reporting on the same.

Other key duties include:

• Facilitating the identification and assessment of risks in line with the Corporation’s Enterprise Risk Management framework
• Monitoring risks and preparing reports to management and other risk committees on various aspects of risk management
• Conducting risk modeling using established risk analysis models, such as Solvency II or Basel frameworks
• Implementing risk and compliance policies and procedures
• Conducting reviews to evaluate compliance with laws, regulations, and internal procedures

Requirements

To be considered for this role, candidates should possess:

• A Bachelor’s Degree in a relevant field, such as finance, accounting, or business administration.
• Professional qualifications, such as CPA (K), CISA, QMS Lead Auditor, or CIA.

In addition to academic credentials, the ideal candidate will have:

• 1-3 years’ experience in external/internal audit, quality management systems, account analysis, risk management, and compliance.
• Key skills:
  • Ability to gather data, compile information, and prepare reports
  • Knowledge of risk management concepts and principles
  • Understanding of Quality Management Systems
  • Ability to persuade and influence others
  • Ability to work under minimal supervision
  • Good written and oral communication skills

How to Apply

If you meet the above requirements, please submit your resume and cover letter to Isaac Murugu at imurugu@madison.co.ke by June 15th, 2018. Don’t miss this opportunity to join a dynamic organization and make a meaningful contribution to the risk management landscape in Kenya.