699 Chief Risk Officers jobs in Kenya

• Develop, implement, and maintain the organization's risk management framework and policies.
• Identify, assess, and prioritize potential risks across all business operations (operational, financial, strategic, compliance).
• Design and implement effective risk mitigation strategies and internal controls.
• Ensure compliance with all applicable laws, regulations, and industry best practices.
• Conduct regular compliance audits and risk assessments.
• Develop and deliver compliance training programs for employees.
• Monitor regulatory changes and update policies and procedures accordingly.
• Investigate compliance breaches and recommend corrective actions.
• Prepare regular reports on risk exposure and compliance status for senior management and the board.
• Liaise with external regulators and auditors.
• Promote a strong culture of risk awareness and compliance throughout the organization.
• Advise business units on risk and compliance matters.

• Bachelor's degree in Law, Finance, Business Administration, or a related field. Relevant professional certifications (e.g., CRM, CAMS, CRISC) are highly desirable.
• Minimum of 6 years of experience in risk management, compliance, or internal audit, preferably within the financial services or insurance sector.
• In-depth knowledge of relevant regulatory frameworks and compliance requirements.
• Proven ability to develop and implement effective risk management programs.
• Strong analytical, problem-solving, and critical thinking skills.
• Excellent communication, presentation, and interpersonal skills.
• Experience in conducting audits and investigations.
• Proficiency in risk management software and tools.
• Ability to work independently and collaboratively in a remote team environment.
• High degree of integrity and attention to detail.

• Develop, implement, and maintain robust risk management frameworks, policies, and procedures across the organization.
• Conduct regular risk assessments and identify potential areas of compliance vulnerability and risk exposure within the insurance business.
• Ensure adherence to all relevant local and international insurance regulations, laws, and standards (e.g., insurance act, data protection regulations).
• Develop and deliver training programs to staff on risk management, compliance policies, and ethical conduct.
• Monitor regulatory changes and industry best practices, updating compliance strategies accordingly.
• Investigate potential compliance breaches, conduct root cause analysis, and recommend corrective actions.
• Manage and coordinate internal and external audits related to risk and compliance.
• Prepare and present comprehensive reports on risk and compliance status to senior management and relevant committees.
• Develop and maintain effective communication channels with regulatory bodies.
• Oversee the implementation and management of compliance monitoring systems and tools.
• Advise business units on risk and compliance implications of new products, services, and strategic initiatives.
• Foster a strong compliance culture throughout the organization.

• Master's degree in Law, Finance, Business Administration, or a related field. Professional certifications such as ACAMS, CAMS-FCI, CRISC, or equivalent are highly desirable.
• Minimum of 8 years of progressive experience in risk management, compliance, or internal audit, with a significant focus on the insurance industry.
• In-depth knowledge of insurance regulations, compliance frameworks, and risk management principles globally and specific to the Kenyan market.
• Proven experience in developing and implementing successful risk and compliance programs.
• Excellent analytical, problem-solving, and critical thinking skills.
• Strong understanding of financial crime prevention, anti-money laundering (AML), and know your customer (KYC) regulations.
• Exceptional written and verbal communication skills, with the ability to effectively communicate complex compliance issues to diverse audiences.
• Demonstrated ability to work independently, manage multiple complex projects, and meet deadlines in a remote setting.
• Experience in conducting investigations and managing audit processes.
• High level of integrity and professional ethics.

Company Description

MyCredit is a non-deposit-taking digital credit provider located in Nairobi, Kenya.

Role Description

The
Internal Audit, Risk and Compliance Officer
will be responsible for conducting and managing financial and compliance audits, preparing detailed audit reports, and ensuring all operations and processes comply with internal and external regulations. The officer will also perform risk assessments, analyze data to identify areas of potential risk within the organization, and communicate findings and recommendations effectively to management.

Qualifications

1.Business/Finance-related degree

1. CPA intermediate level

2. Minimum 2 years of audit experience in audit firms, microfinance or a bank.

3. Microsoft suite skills in Excel, Word and PowerPoint.

5.Audit report writing skills.

• Develop and implement robust risk management policies and procedures across the organization.
• Conduct regular risk assessments and identify potential threats to the company's assets, reputation, and profitability.
• Monitor and ensure adherence to all relevant insurance regulations, laws, and industry best practices.
• Design and execute internal control systems to prevent and detect non-compliance.
• Investigate compliance breaches and recommend corrective actions.
• Prepare detailed reports on risk exposures and compliance status for senior management and regulatory bodies.
• Develop and deliver training programs on risk management and compliance for employees.
• Stay updated on changes in regulatory requirements and industry trends.
• Advise business units on risk mitigation strategies and compliance matters.
• Manage relationships with external auditors and regulatory agencies.
• Contribute to the development of a strong risk-aware culture within the organization.
• Oversee the implementation of relevant technology solutions for risk and compliance management.

• Bachelor's degree in Law, Finance, Business Administration, or a related field. A Master's degree or professional certification (e.g., CRISC, CGEIT, CIA) is highly desirable.
• Minimum of 7 years of experience in risk management, compliance, or internal audit, preferably within the insurance industry.
• In-depth knowledge of insurance regulations (e.g., IRA guidelines) and financial services compliance.
• Proven experience in developing and implementing risk management frameworks and compliance programs.
• Excellent analytical, problem-solving, and critical thinking skills.
• Strong understanding of internal controls and audit procedures.
• Exceptional report writing and presentation skills.
• Ability to work independently and manage complex projects in a remote environment.
• High level of integrity, professionalism, and ethical conduct.
• Proficiency in relevant risk management and compliance software.