Vacancy title:
Assistant Manager - Risk Management & Compliance
Jobs at:
Caritas MFBDeadline of this Job:
06 January 2023
Summary
Date Posted: Tuesday, December 27, 2022 , Base Salary: Not Disclosed
JOB DETAILS:
Job Purpose
• To ensure that the Bank’s overall risk & compliance frameworks specifically under internal processes and procedures, regulatory, statutory, KYC & AML guidelines is acceptable and there is full compliance to the same within the bank. To carry out risk assessments and advice on areas of improvement.
Key Responsibilities And Accountabilities
• Prepare Annual Risk & Compliance Strategy for Board Audit & Risk committee (BARC) approval
• Review and maintain the bank’s Enterprise Risk Management (ERM) Framework and ensuring that are risks are identified, evaluated, treated, and monitored on timely basis.
• Establish and implement a Stress testing framework that covers the major risks facing the bank.
• Develop, maintain, and update the corporate risk register for the bank and regularly review the bank’s risk appetite statement.
• Conduct Risk assessments on all bank projects, units, products, and processes as per the risk management policies and procedures.
• Conduct reviews on all bank activities, processes, and units to ensure compliance with internal policies and procedures, regulations, and all relevant laws.
• Conduct daily transactions monitoring, compile, and report to relevant regulators on any over the limit and/or suspicious transactions.
• Conduct internal Risk management, AML, and KYC trainings to promote compliance awareness and improve the risk culture in the bank.
• Represent the risk and compliance function at various management and committee meetings as and when requested and advice on risk issues.
• To be the bank’s designated Money Laundering Reporting Officer (MLRO)
• Prepare Risk and Compliance reports and present to the BARC on Quarterly basis.
• To perform any other duties as assigned in line with the organization goals and objectives.
Minimum Qualifications and Experience
• University degree in a business-related field or its equivalent.
• At least 5 years’ experience in Risk & Compliance within Banking or Financial Services Sector
• Postgraduate or professional risk management qualification desirable.
• A Certified Anti-Money Laundering Specialist qualification will be an added advantage.
Work Hours: 8
Experience in Months: 60
Level of Education: Bachelor Degree
Job application procedure
• Interested candidates who meet the criteria above are encouraged to send their application letters and detailed CVs to: Email: recruitment@caritas-mfb.co.ke Kindly indicate the position title on the subject line when applying. Closing date for application: 6th January 2023
All Jobs
Join a Focused Community on job search to uncover both advertised and non-advertised jobs that you may not be aware of. A jobs WhatsApp Group Community can ensure that you know the opportunities happening around you and a jobs Facebook Group Community provides an opportunity to discuss with employers who need to fill urgent position. Click the links to join. You can view previously sent Email Alerts here incase you missed them and Subscribe so that you never miss out.