78 Compliance Risk jobs in Nairobi

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.

KPMG is a global network of professional services firms providing Audit, Tax and Advisory services. Our purpose is to inspire confidence and empower change. We have a notable Africa Footprint serving clients across the continent. Our East Africa practice comprises Kenya, Uganda, Tanzania, and Rwanda.

The Nairobi office serves as the regional coordinating office providing the required networking to facilitate delivery of services on a timely basis to meet and exceed our clients' expectations.

Key roles and responsibilities

Manage Engagements.

• Supporting with the organization and execution of multiple financial risk management engagements (including projects relating to regulatory, credit risk management / modelling, market risk / valuations, etc.).
• Supporting with other strategic engagements to assist clients with enhancing their financial risk management capabilities.
• Developing a client account plan and engaging with a vast client-base within the financial services industry, including banks, development finance institutions, micro-lenders and retailers.

Business Development.

• Develop and maintain relationships with decision makers at key clients
• Contribute to proposal development efforts
• Manage engagement risk and project budget
• Report to Africa USAID account lead partner on key performance metrics – Pipeline & assignments

Team Development.

• Support the development of strong delivery teams, from recruitment, mentoring, on the job development and retention
• Day-to-day management of staff to deliver on assignments and project, as well as perform administrate task over the team management (such as planning, operational matters and budgeting)
• Mentor /coach senior staff with career growth.

Personal Development.

• Involvement in community and office initiatives
• Contribute to thought leadership via at least three activities e.g. articles and speaking at events
• National / local training instructor
• Ensure continuous learning through compliance to 40 Continuous Professional Development (CPA) hours

Risk Management

Ensure 100% compliance to Quality and Risk Management Policies, Standards and Procedures.

Any other tasks that will be assigned to you.

Lead- Financial Risk Management

Academic/Professional qualifications and Experience:

• Must have a Master's degree in accounting, business, actuarial science, or related relevant degree course
• Must have a minimum 10 years of experience in a quantitative credit risk-based role.
• FRM (GARP) is an added advantage
• Coding experience is an added advantage.

Technical competencies & Personal attributes:

• Relevant experience within a quantitative credit risk-based role would be desired.
• Well versed in contemporary mathematical / statistical techniques and practices in financial risk management areas (e.g. credit risk modelling, etc.).
• Strong analytical & problem-solving skills, with the ability to proactively engage and consult with others across all levels.
• Must demonstrate strategic insights on client management and engagements.
• Experience of leading teams, coaching and mentoring staff.
• Able to work effectively in a fast-paced environment with conflicting priorities and deadlines.
• Drive market opportunities and engage with clients.
• Strong business writing, report writing, presentation and research skills.
• A high aptitude for learning new approaches and innovation.
• Proven experience in formulating business strategy and growth.
• Diligent and committed to excellence.
• Excellent coordination and planning skills.
• Resilience and Tenacity: must be able to always sustain motivation and commitment and can contain and absorb stressful moments and issues.
• Willingness to travel within and outside the region on a need basis.

We offer:

1. An exciting opportunity to work with a Big 4 firm on cutting edge clients across Africa.
2. Continuous learning and development.
3. Exposure to multi-disciplinary client service teams.
4. Unrivalled space to grow and be innovative.
5. Opportunity for international travel.

If your career aspirations match this exciting opportunity,

please use the link below to apply:

If your career aspirations match this exciting opportunity, please use the link below to apply: Financial Risk Management Lead – Candidate's Summary. Filling the link is mandatory for consideration alongside your application to quoting '
Financial Risk Management Lead'.
This position shall be shortlisted on a rolling basis.

Please note that only shortlisted candidates will be contacted.

• Develop and implement robust risk management frameworks and policies.
• Identify, assess, and quantify various financial risks, including market, credit, operational, and liquidity risks.
• Design and oversee stress testing and scenario analysis programs.
• Monitor key risk indicators (KRIs) and ensure timely reporting to senior management and regulatory bodies.
• Collaborate with business units to embed risk management principles into daily operations.
• Develop and maintain risk models and analytical tools.
• Ensure compliance with relevant financial regulations and industry best practices.
• Provide expert advice and guidance on risk-related matters to support strategic decision-making.
• Lead and mentor a team of risk analysts in a remote environment.
• Stay abreast of emerging risks and market developments.
• Prepare comprehensive risk reports and present findings to executive leadership.

• Master's degree in Finance, Economics, Statistics, Mathematics, or a related field.
• Professional certifications such as FRM, CFA, or PRM are highly desirable.
• Minimum of 7 years of progressive experience in financial risk management within the banking or financial services sector.
• In-depth knowledge of risk management principles, methodologies, and regulatory requirements (e.g., Basel Accords).
• Strong analytical, quantitative, and problem-solving skills.
• Proficiency in risk management software and tools, as well as advanced Excel and statistical analysis packages.
• Excellent communication, presentation, and interpersonal skills, with the ability to influence stakeholders in a remote setting.
• Proven leadership experience and the ability to manage and develop a remote team.
• Strategic thinking and a proactive approach to risk identification and mitigation.

• Develop and implement enterprise-wide risk management policies and procedures.
• Identify, assess, and monitor financial risks, including credit risk, market risk, liquidity risk, and operational risk.
• Design and oversee stress testing and scenario analysis programs.
• Develop risk appetite statements and key risk indicators (KRIs).
• Ensure compliance with relevant financial regulations (e.g., Basel Accords, local banking laws).
• Collaborate with business units to integrate risk management into strategic decision-making.
• Prepare comprehensive risk reports for senior management and the Board of Directors.
• Lead and mentor a team of risk analysts and managers.
• Stay abreast of emerging risks and evolving regulatory landscapes.
• Develop and maintain strong relationships with internal and external stakeholders, including regulators.

• Master's degree in Finance, Economics, Mathematics, or a related quantitative field. A professional certification like FRM or PRM is highly desirable.
• Minimum of 7-10 years of progressive experience in financial risk management within the banking or financial services sector.
• In-depth knowledge of various financial risk types and risk modeling techniques.
• Proven experience in developing and implementing risk management frameworks and policies.
• Strong understanding of banking regulations and compliance requirements.
• Excellent analytical, problem-solving, and strategic thinking skills.
• Exceptional leadership, communication, and interpersonal skills, with the ability to influence stakeholders at all levels.
• Proficiency in risk management software and data analysis tools.
• Ability to manage complex projects and lead cross-functional teams in a remote setting.
• Demonstrated ability to think critically and make sound judgments under pressure.

• Developing and maintaining sophisticated financial risk models (e.g., credit risk, market risk, operational risk).
• Conducting quantitative analysis to assess the potential impact of various risk scenarios on the company's financial performance.
• Identifying emerging financial risks and developing proactive mitigation strategies.
• Monitoring and analyzing financial market data and economic indicators for potential risk factors.
• Ensuring compliance with relevant financial regulations and reporting requirements.
• Collaborating with business units to understand their risk exposures and provide guidance on risk management.
• Preparing comprehensive risk reports for senior management and regulatory bodies.
• Leading and mentoring junior risk analysts, fostering a collaborative and high-performing team environment.
• Developing and implementing risk management policies and procedures.
• Staying updated on best practices in financial risk management and quantitative analysis.

• Develop, test, and implement quantitative models for pricing, risk management, and regulatory compliance.
• Perform in-depth analysis of financial data to identify risk drivers and patterns.
• Validate existing models and conduct regular performance monitoring.
• Collaborate with business units to understand their needs and translate them into quantitative solutions.
• Document model methodologies, assumptions, and results comprehensively.
• Present complex analytical findings to senior management and regulatory bodies.
• Stay current with the latest advancements in quantitative finance and risk management techniques.
• Ensure models comply with internal policies and external regulations.

• Master's or PhD in a quantitative field such as Mathematics, Statistics, Physics, Economics, or Financial Engineering.
• Minimum of 5 years of experience in quantitative finance, risk management, or a related field.
• Proficiency in programming languages commonly used in quantitative finance (e.g., Python, R, C++, SQL).
• Strong knowledge of financial instruments, derivatives, and financial markets.
• Expertise in statistical modeling, time series analysis, machine learning, and simulation techniques.
• Excellent analytical, problem-solving, and communication skills.
• Experience with regulatory frameworks such as Basel III, IFRS 9, or similar is a plus.
• Ability to work independently and collaboratively in a remote setting.

• Developing and maintaining comprehensive risk assessment models and methodologies.
• Analyzing financial data to identify emerging risks and trends, and preparing detailed reports for management.
• Implementing and monitoring risk mitigation strategies and controls.
• Ensuring compliance with banking regulations and internal policies related to risk management.
• Collaborating with various departments to integrate risk management principles into business operations.
• Conducting stress testing and scenario analysis to evaluate the impact of adverse market conditions.
• Staying current with industry best practices and regulatory changes in financial risk management.
• Contributing to the development and execution of business continuity and disaster recovery plans.
• Providing training and guidance to other teams on risk management best practices.
• Utilizing advanced financial modeling software and data analytics tools.