434 Compliance Risk jobs in Kenya

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, implement, and oversee the organization's enterprise-wide risk management program.
• Identify, assess, and prioritize potential risks across various business functions, including operational, financial, strategic, and compliance risks.
• Design and implement effective internal controls to mitigate identified risks.
• Ensure compliance with all applicable laws, regulations, and industry standards (e.g., financial services regulations, data privacy laws).
• Develop and deliver compliance training programs to employees at all levels.
• Conduct regular compliance audits and risk assessments, reporting findings and recommendations to senior management.
• Stay updated on changes in the regulatory landscape and advise the organization on necessary adjustments.
• Manage regulatory examinations and respond to inquiries from regulatory bodies.
• Develop and maintain risk policies, procedures, and documentation.
• Investigate potential compliance breaches and recommend corrective actions.
• Collaborate with internal audit and external auditors on risk and compliance matters.
• Promote a culture of strong risk awareness and ethical conduct throughout the organization.
• Utilize GRC (Governance, Risk, and Compliance) tools to manage and track risk and compliance activities.
• Lead and mentor junior risk and compliance team members.

• Bachelor's degree in Finance, Law, Business Administration, or a related field. A Master's degree or professional certification (e.g., CRISC, CGEIT, FRM) is highly desirable.
• Minimum of 7 years of experience in risk management, compliance, internal audit, or a related field within the financial services industry.
• In-depth knowledge of financial regulations, AML/KYC requirements, and data protection laws.
• Proven experience in developing and implementing comprehensive risk management frameworks and compliance programs.
• Strong analytical and problem-solving skills with meticulous attention to detail.
• Excellent written and verbal communication skills, with the ability to articulate complex issues clearly.
• Demonstrated leadership capabilities and the ability to influence stakeholders at all levels.
• Experience working in a fully remote environment, with strong self-discipline and time management skills.
• Proficiency in GRC software and data analysis tools.
• Ability to manage multiple priorities and work effectively under pressure.

• 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.

• 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.

• 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 risk management frameworks and policies.
• Conduct regular risk assessments and identify potential areas of compliance vulnerability and risk.
• Monitor and analyze regulatory changes and their impact on the organization's operations.
• Design and execute compliance testing and audit programs.
• Investigate compliance issues and incidents, recommending and implementing corrective actions.
• Prepare detailed reports on risk and compliance status for senior management and regulatory bodies.
• Provide training and guidance to staff on risk management and compliance procedures.
• Stay abreast of industry best practices and emerging risks in the insurance sector.
• Collaborate with legal, internal audit, and other departments to ensure a cohesive approach to risk and compliance.
• Ensure that all business activities are conducted in accordance with ethical standards and legal requirements.

• Bachelor's degree in Finance, Law, Business Administration, or a related field.
• Minimum of 5 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), AML/KYC procedures, and financial crime prevention.
• Proven experience in conducting risk assessments, developing mitigation strategies, and performing compliance audits.
• Excellent analytical, problem-solving, and critical thinking skills.
• Strong understanding of financial reporting and internal control systems.
• Exceptional written and verbal communication skills, with the ability to present complex information clearly.
• Proficiency in relevant software and tools for risk management and compliance tracking.
• Professional certifications such as CRM, FRM, or CAMS are highly desirable.
• Ability to work independently and as part of a team, with a strong sense of integrity and professionalism.

• Develop, implement, and maintain the company's enterprise-wide risk management framework.
• Ensure adherence to all applicable financial regulations, laws, and industry standards.
• Conduct regular risk assessments and compliance audits across various business units.
• Identify, analyze, and monitor potential risks and vulnerabilities within the organization.
• Develop and implement policies, procedures, and controls to mitigate identified risks.
• Manage regulatory reporting requirements and liaise with regulatory bodies.
• Provide guidance and training to employees on risk management and compliance best practices.
• Investigate potential compliance breaches and recommend corrective actions.
• Stay informed about changes in the regulatory environment and adapt policies accordingly.
• Contribute to strategic decision-making by providing insights on risk and compliance implications.

• Master's degree in Finance, Law, Business Administration, or a related field.
• Professional certifications such as CRISC, CGEIT, FRM, or equivalent are highly desirable.
• Minimum of 8 years of experience in risk management and compliance within the financial services industry.
• In-depth knowledge of relevant financial regulations (e.g., AML, KYC, GDPR, local financial laws).
• Proven experience in developing and implementing risk management frameworks and compliance programs.
• Strong analytical, problem-solving, and critical thinking skills.
• Excellent communication, presentation, and leadership abilities.
• Demonstrated ability to manage complex projects and lead teams in a remote setting.
• High ethical standards and integrity.
• Proficiency in risk management software and tools.