Summary
Date Posted: Wednesday, July 05 2023, Base Salary: Not Disclosed

JOB DETAILS:
Ref: SASRA/HRA/1000/09/VOL. I (121)
Role Summary
Implement the legal and regulatory framework on prudential supervision and market conduct to enhance the financial stability of the Sacco sub-sector, to enhance sound and fair conduct of Sacco business and empowerment of consumers.

Key Responsibilities
• Assisting in assessment of license renewal applications as per the laid down procedures.
• Ensuring timely submission of regulatory returns and any adhoc reports by the Saccos.
• Assisting to check completeness and accuracy of the regulatory returns.
• Assisting in basic analysis of the financial and related data from the regulatory returns to understand performance and compliance status of the assigned Saccos.
• Understanding the prudential and market conduct regulatory framework in relation to performance of the Sacco societies
• Assisting in the inspection of premises for new branches of SACCO societies in line with the regulations and guidelines and make appropriate recommendations.
• Assisting in assessing corporate approval requests (such as establishment of branches, agency business introduction of new loan products, initiation of shares drive among others) from SACCOs and making recommendations through the supervisors
• Assisting is updating the register of corporate approval requests and determinations thereof.
• Assist in updating data and information on financial, operation, management and governance profile of the Saccos.
• Assisting in inspections and drafting of reports
• Drafting letters and other correspondence to the Saccos
• Ensuring timely dispatch of information, general correspondences, and circulars to SACCOs assigned and confirming timely receipt by the SACCOs in line with the laid down policy.

Job Specifications
• Bachelor’s degree in any of the following fields: – Finance, Economics/Statistics, Cooperative Management, Accounting, Business Administration/Management, Law, ICT or any other relevant qualification from recognized institution.
• Demonstrate proficiency in relevant Computer Application; and
• Certificate in Computer Application Skills.

Job Experience: No Requirements

Work Hours: 8

Experience in Months:

Level of Education: Bachelor Degree

Job application procedure
• Other Mandatory Requirements
• In addition, to academic qualifications, experience and person specifications referred to herein above, all successful candidates must satisfy the requirements of Chapter Six of the Constitution of Kenya 2010 before appointment by providing the following documents:
• Certificate of Good Conduct from the Directorate of Criminal Investigations.
• Clearance Certificate from the Higher Education Loans Board.
• Tax Compliance Certificate from the Kenya Revenue Authority.
• Clearance from the Ethics and Anti-Corruption Commission.
• Report from an Approved Credit Reference Bureau.
• If your career profile matches the requirements of this position, please submit your application with a detailed curriculum vitae indicating your qualifications, experience, present position, e-mail address and mobile telephone number with copies of certificates and testimonials and Identity Card on or before 25th July 2023 to recruit@manpowerservicesgroup.com 
• Only shortlisted candidates will be contacted.

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