2 Senior Risk And Compliance Officer jobs in whatjobs

Senior Risk and Compliance Officer

40100 Kisumu KES190000 Annually WhatJobs

Posted 11 days ago

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Job Description

full-time
Our client, a reputable financial services institution, is seeking a seasoned Senior Risk and Compliance Officer to strengthen their regulatory adherence and risk management framework. This critical role will involve developing, implementing, and overseeing comprehensive risk management policies and procedures to ensure compliance with all relevant financial regulations and industry standards. You will be responsible for identifying, assessing, and mitigating operational, financial, and compliance risks across the organization. The ideal candidate will possess a strong understanding of the insurance sector, extensive knowledge of regulatory landscapes, and proven experience in conducting internal audits and risk assessments. You will play a key part in shaping the company's risk culture and safeguarding its integrity. This position requires meticulous attention to detail, excellent analytical abilities, and strong communication skills to liaise with internal departments and external regulators.

Responsibilities:
  • Develop, implement, and maintain the organization's risk management framework and policies.
  • Conduct regular risk assessments, identify potential risks, and propose mitigation strategies across various business units.
  • Monitor regulatory changes and ensure the organization's compliance with all applicable laws and regulations, particularly within the insurance sector.
  • Develop and execute internal audit plans, performing audits to assess the effectiveness of internal controls and compliance with policies.
  • Investigate compliance breaches and policy violations, recommending and implementing corrective actions.
  • Prepare detailed reports on risk and compliance status for senior management and regulatory bodies.
  • Provide training and guidance to employees on risk management best practices and compliance requirements.
  • Stay abreast of industry trends, emerging risks, and best practices in risk and compliance management.
  • Collaborate with legal, finance, and operational departments to ensure a cohesive approach to risk mitigation.
  • Manage relationships with external auditors and regulatory agencies.

Qualifications:
  • Bachelor's degree in Finance, Law, Business Administration, or a related field. A Master's degree or professional certification (e.g., CRM, CAMS) is a plus.
  • Minimum of 6 years of experience in risk management and compliance, preferably within the insurance industry.
  • In-depth knowledge of insurance regulations, financial services laws, and compliance frameworks.
  • Proven experience in conducting risk assessments, internal audits, and developing corrective action plans.
  • Strong understanding of financial risk principles, including credit, market, operational, and liquidity risk.
  • Excellent analytical, problem-solving, and critical thinking skills.
  • Exceptional written and verbal communication skills, with the ability to present complex information clearly.
  • High ethical standards and integrity.
  • Proficiency in risk management software and tools.
This is a full-time, on-site position located in **Kisumu, Kisumu, KE**. Our client is committed to maintaining a secure and compliant operating environment.
This advertiser has chosen not to accept applicants from your region.

Senior Risk and Compliance Officer

30100 Garissa, North Eastern KES140000 Annually WhatJobs

Posted 5 days ago

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Job Description

full-time
Our client, a rapidly growing insurance provider, is seeking a highly skilled and detail-oriented Senior Risk and Compliance Officer to bolster their regulatory framework. This is a critical, full-time, fully remote position, crucial for ensuring the company adheres to all relevant industry regulations, policies, and ethical standards. The ideal candidate will possess a deep understanding of insurance laws, risk management principles, and compliance procedures. You will play a pivotal role in identifying, assessing, and mitigating risks, as well as developing and implementing robust compliance programs.

Key Responsibilities:
  • Develop, implement, and maintain comprehensive risk management and compliance programs.
  • Conduct regular risk assessments and audits to identify potential vulnerabilities and areas of non-compliance.
  • Interpret and apply relevant insurance regulations, laws, and industry best practices.
  • Develop and deliver compliance training programs for employees across all departments.
  • Investigate compliance breaches and incidents, recommending corrective actions.
  • Monitor regulatory changes and update policies and procedures accordingly.
  • Prepare and submit regulatory reports to relevant authorities.
  • Advise senior management on risk and compliance matters.
  • Manage relationships with regulatory bodies and external auditors.
  • Promote a strong culture of compliance and ethical conduct throughout the organization.
  • Develop and implement internal controls to mitigate operational, financial, and reputational risks.
  • Oversee the data privacy and protection initiatives within the company.

Qualifications:
  • Bachelor's degree in Law, Finance, Business Administration, or a related field.
  • Minimum of 6 years of experience in risk management, compliance, or internal audit, preferably within the insurance sector.
  • In-depth knowledge of insurance regulations, compliance frameworks, and risk assessment methodologies.
  • Strong understanding of financial crime prevention (AML, KYC).
  • Excellent analytical, problem-solving, and decision-making skills.
  • Exceptional written and verbal communication skills, with the ability to explain complex regulations clearly.
  • Proven ability to develop and implement effective compliance policies and procedures.
  • Experience in managing regulatory examinations and audits.
  • Proficiency in risk management software and MS Office Suite.
  • Ability to work independently and manage multiple priorities in a remote environment.
  • Relevant professional certifications (e.g., CRISC, CAMS, CPCU) are a significant advantage.
This crucial remote role supports our client's operations serving the **Garissa, Garissa, KE** region. If you are a dedicated risk and compliance professional looking to make a significant impact, we encourage you to apply.
This advertiser has chosen not to accept applicants from your region.
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