Vacancy title:
Risk & Compliance Officer
Jobs at:
GA InsuranceDeadline of this Job:
22 April 2022
Summary
Date Posted: Monday, April 11, 2022 , Base Salary: Not Disclosed
JOB DETAILS:
Job Summary:
To initiate, implement and liaison with the respective functional heads, manage the risk and compliance initiatives for GA.
Duties and Responsibilities:
• Develops and monitors risk registers for all departments and also performs risk assessments for new products and vendors.
• Prepares risk register reports and analysis for review by the manager.
• Monitor, and as necessary, coordinate risk and compliance activities through respective departments to ensure GA remain abreast of the status of all insurance related risks & compliance activities.
• Follow up of any identified deficiencies and make recommendations for amendment.
• Implement the risks and compliance policies and procedures in place.
• Provide reports on a monthly and quarterly basis, and as directed or requested.
• Provide relevant information required by external bodies and regulators on compliance matters such as reporting suspicious transactions related to money laundering and the fight against terrorism financing.
• Monitor the performance of the compliance program and related activities on a continuous basis, taking appropriate steps to improve its effectiveness.
• Implementing an effective risk training program as will be developed.
• Keep abreast with the applicable laws, regulations, rules and standards in the risk &compliance fraternity and advise on the emerging developments of the same
• Team participation both within the department and other departments.
Job Holder Specifications:
Education/Qualifications:
• Diploma in Business is a requirement
• CPA II is an added advantage
• Bachelor’s degree is an added advantage
Working Experience:
• 2-3 years’ experience
Work Hours: 8
Experience in Months: 24
Level of Education: Associate Degree
Job application procedure
If you meet the above minimum requirements, send your c.v to careers@gakenya.com to indicate the position applied for on the email subject line to be received on or before 22nd April 2022. Only shortlisted candidates will be contacted
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