-
Credit Risk Officer at
4 days ago
Yehu Microfinance Services Limited Nairobi, Kenya Full timeYehu Microfinance began as a project of CHOICE Humanitarian in 1998 with 300 female members in a small rural village in the Kwale County, Kikoneni located in the former (before the promulgation of the new Constitution) Coast Province of Kenya. · Summary · As a Credit Risk Officer ...
-
Risk Management Officer at
1 week ago
Watu Credit Limited Nairobi, Kenya Full timeWatu Credit Limited is a dynamic and fast-growing non-bank finance company. Watu Credit Limited harnesses technology to offer unsecured lending, primarily via mobile services. We aim to become the leading African provider of a broad set of inclusive financial products, delivered ...
-
Risk & Compliance Officer at
1 week ago
Sanlam Investments East Africa (SIEA) Nairobi, Kenya Full timeSanlam Investments East Africa (SIEA) is a leading fund manager in the region and has a strong record of accomplishment in service delivery and performance,with over KShs 230 billion (approximately US$ 2.3 billion) in assets under management. SIEA is part of the Sanlam Group, thr ...
-
Risk and Compliance Officer at
1 week ago
Apollo Life Assurance - APA Insurance Nairobi, Kenya Full timeApollo Group (Apollo Investments Limited)was an idea born from the need to harness synergies across the insurance business. Built on commitment, integrity and innovation, it has risen to be one of the leading financial groups in East Africa · KEY PRIMARY RESPONSIBILITIES · Risk · ...
-
Compliance and Risk Management Officer at
2 weeks ago
World Health Organization (WHO) Nairobi, Kenya Full timeThe World Health Organization is a specialized agency of the United Nations that is concerned with international public health. It was established on 7 April 1948, headquartered in Geneva, Switzerland. · Duties · The incumbent will perform all or part of the following, and other ...
-
Risk, ESG and Impact Officer at
1 week ago
Incofin Investment Management (Incofin IM) Nairobi, Kenya Full timeWe manage funds and investments in emerging countries, driven by our desire to promote inclusive progress. Our investors are leading development funds, banks, insurance companies, pension funds, alternative investment funds, high net worth and retail investors. We are... committe ...
-
Kenya Airways Nairobi, Kenya Full timeABOUT THE COMPANY · Kenya Airways is the Africa's Leading Airline-Business in the World. · JOB SUMMARY · Qualification (Minimum) Bachelor's degree in computer science/information technology or any other related field from a recognized universityMinimum3 years' experienceExcellent ...
-
Kenya Airways Nairobi, Kenya Full timeKenya Airways, the leading African airline flying to more African destinations than any other carrier, takes pride in being at the forefront of connecting Africa to the world and the World to Africa through its hub Nairobi Jomo Kenyatta International Airport. · To ensure the secu ...
-
Kenya Marine and Fisheries Research Institute Nairobi, Kenya Full timeABOUT THE COMPANY · Kenya Marine and Fisheries Research Institute is empowered to carry out research in Marine and Freshwater fisheries, Aquatic biology, Aquaculture, Environmental Chemistry, Ecological, Geological and Hydrological studies, as well as Chemical and Physical Oceano ...
-
World Health Organization Nairobi, Kenya· Job Description · Description · –> · The mission of WHO's Emergency Preparedness and Response (EPR) Programme (WHE) is to build the capacity of Member States to manage health emergency risks and, when national capacities are overwhelmed, to lead and coordinate the internationa ...
-
World Health Organization Nairobi, Kenya Full timeABOUT THE COMPANY · Our goal is to build a better, healthier future for people all over the world. Working through offices in more than 150 countries, WHO staff work side by side with governments and other partners to ensure the highest attainable level of health for all people. ...
-
Roster, Compliance and Risk Management, P4 at
2 weeks ago
World Health Organization (WHO) Nairobi, Kenya Full timeThe World Health Organization is a specialized agency of the United Nations that is concerned with international public health. It was established on 7 April 1948, headquartered in Geneva, Switzerland. · OBJECTIVES OF THE PROGRAMME · The incumbent will advise country-office leade ...
-
Sr. Enterprise Risk Management Analyst at
1 week ago
Food for the Hungry (FH Kenya) Nairobi, Kenya Full timeFood for the Hungry is an international relief and development organization that answers God's call to meet the physical and spiritual needs of the poor in more than 26 countries. Founded in 1971 by Dr. Larry Ward, Food for the Hungry exists to help individuals reach their God-gi ...
-
Operations Director
1 week ago
Innovations for Poverty Action (IPA) Nairobi, Kenya Full timeInnovations for Poverty Action (IPA) is a non-profit organization dedicated to discovering and promoting effective solutions to global poverty problems. In close partnership with decision makers - the policymakers, practitioners, investors, and donors working with the poor around ...
-
Compliance, Risk
1 week ago
Trees for the Future Nairobi, Kenya Full timeTrees for the Future (TREES) has a solution to some of the world's most pressing challenges - the Forest Garden Approach - but as we continue to work closely with farmers on the ground we are constantly discovering ways to increase our impact. · About the Opportunity · The Compli ...
-
United Nations Office for Disaster Risk Reduction Nairobi, Kenya Full timeUNDRR As the United Nations Office for Disaster Risk Reduction, UNDRR brings governments, partners and communities together to reduce disaster risk and losses to ensure a safer, more sustainable future. UNDRR (formerly UNISDR) is the United Nations focal point for disaster risk r ...
-
Chief Financial Officer
1 week ago
Millar Cameron Ltd Nairobi, Kenya Full timeJOB SUMMARY · As a key member of the Senior Management Team (SMT), the CFO will partner with the Executive Director to oversee the consortium's financial resources, develop and maintain financial and administrative policies, and create annual budgets. This role involves forecasti ...
-
Chief Financial Officer at
4 days ago
Ufanisi Digital Nairobi, Kenya Full timeJob brief · We are looking for an experienced Chief Financial Officer or CFO to perform effective risk management and plan the organization's financial strategy. It is a very important and complex role since an organization can only survive if it actively investigates and safegua ...
-
Regional Risk Manager – East
2 weeks ago
CTG Global Nairobi, Kenya Full timeABOUT THE COMPANY · CTG is an award-winning private sector company that enables humanitarian and development projects in conflict zones. As a people solutions business, we recruit, deploy and manage the right people with the right skills to implement projects in the world's tough ...
-
Branch Relationship Officers
1 week ago
Family Bank Kenya Nairobi, Kenya Full timeABOUT THE COMPANY · Family Bank became a fully-fledged commercial bank in May 2007. The Bank is regulated by the Central Bank of Kenya (CBK) and is also regularly inspected using CAMEL ratings which look at Capital, Assets, Management, Earnings and Liquidity. The bank is a member ...
Senior Operational Risk Officer at - Nairobi, Kenya - Standard Chartered Bank Kenya
Description
Standard Chartered Kenya, whose official name is Standard Chartered Bank Kenya Limited, but is sometimes referred to as Stanchart Kenya, is a commercial bank in Kenya.
Job SummaryThe management and monitoring of all the operational risk Standard Chartered Group and its subsidiaries are exposed to because of the business activities and processes that exist.
This includes oversight of the Country's operational risk profile and work with the business and functions to identify material risks requiring management attention.
ResponsibilitiesStrategy
Appraise and contribute to the development of the Group's strategic plans and alignment with risk appetite, as set out in the Enterprise Risk Management Framework (ERMF), through active membership of the Country Non- Financial Risk Committee and other forums.
Continuously assess the strategy and growth versus the internal operational and technology risk profile and external environment; and inform the development of the business plans, products, and process infrastructure.
Ensure implementation and usage of the Operational and Technology Risk Framework across the critical processes and activities performed within the country.
BusinessAct as second line risk control owner for operational risk for business and functional activities or processes performed in the country.
Monitor compliance to the Board approved Operational risk appetite and effectiveness of the risk controls; escalate material exceptions to the senior management and County Non-Financial Risk Committee/ Executive Risk Committee Processes.
Ensure Operational Risk Framework and associated policies and procedures and the Risk Management Framework are effectively embedded and communicated across the designated Businesses / Functions in the country.
Ensure ensure Operational Risk Framework and associated policies and procedures and the Risk Management Framework are effectively embedded and communicated across the designated Businesses / Functions in the country.
Monitor the local execution within the country-level processes; and adherence to global policies, control standards and process governance set out by global process owners and risk control owners.
Work collaboratively with all functions including, but not limited to, Compliance, Corporate, Commercial & Institutional Banking, Credit, Financial Crime Compliance, Financial Markets, Risk Analytics, Risk Operations and Transaction Banking.
Risk ManagementProvide a central contact point and oversight over all controls required to effectively manage operational risk within the country that arises from the end-to-end processes.
Design, maintain and effectively communicate operational risk controls, including control standards, risk exposure limits and other control levers to maintain the country's risk profile in line with the overall risk appetite.
Challenge the completeness of risk identification, monitoring and assessment of the corresponding control activities required within the end-to-end processes to identify and remediate any significant deficiencies.
Ensure compliance with Operational Risk policy & procedures.Risk identification and Assessment
Validate and challenge the first line risk identification and assessment of gross and residual risks arising within the end-to-end processes.
Assess the control environment including, but not limited to, control design, control execution, control testing and control history.Recommend changes to the control environment or to business practice where necessary to reduce the level of operational risk exposure to within the agreed appetite.
Design effective process controls to manage all material risks linked to the process control failure.Identify Local Control Gaps - Regularly assess all key controls against the country risk profile to monitor exceptions and identify gaps.
Optimise portfolio of local controls - Regularly assess existing Local Key Control Standards, key risk indicators (KRIs) and key control indicators (KCIs) to ensure cost effectiveness, efficiency and relevance.
Provide a balanced and informed assessment of all operational risks arising from acquisitions or major change initiatives or projects within the country.
Review and approve risk record templates for acceptance of medium, high and very high-country level risks.
Accept the classification and accurate reporting of operational risk events and the appropriateness of mitigation actions.
Challenge and constrain relevant business activities where risks are not aligned with control requirements or risk appetite.
Sign off on new products on behalf of Operational Risk through the Country Addenda process.
Risk Monitoring
Ascertain and confirm that country risk registers, KRIs, KCIs, and control sample testing are effectively implemented.
Periodically review operational risk assessments to ensure these appropriately reflect changes in environment, mitigating controls and the progress of treatment plans.
Systematically monitor process control effectiveness where there are material risks of process control failure.Work with local business representatives to receive control and risk metrics in order to monitor KRIs and KCIs.
Review and update annual key control testing plans.
Risk & Loss Reporting
Approve the classification and accurate reporting of operational risk losses.
Report and escalate material risk events (MRE).
Deliver Root Cause Analysis reports for relevant events
Provide risk information/updates to Country Non-Financial Risk Committee (CNFRC)/ Executive Risk Committee as appropriate.
Stress testing
Conduct, at least annually and with guidance from Group specialists, a stress test and scenario programme for operational risk [as part of ICAAP], review the results and assess their implications.
GovernanceAlign the in country operational risk management approach to the Group Operational and Technology Risk Framework and the Enterprise Risk Management Framework and oversee its effective application.
Ensure, that the business heads, function heads and relevant staff understand and accept their operational risk management responsibilities.Regulatory & Business Conduct
Display exemplary conduct and live by the Group's Values and Code of Conduct.
Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank.
This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.Lead the SCB Risk function to achieve the outcomes set out in the Bank's
Conduct Principles:
[Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance; The Right Environment.] to achieve the outcomes set out in the Bank's Conduct Principles.
Key stakeholders
Internal:
Cluster CRO & Head of Operational Risk Southern Africa.
Cluster OR Lead, Southern Africa
Country CEO & Senior Management
Senior Credit Officer/Senior Credit Manager
Group Internal Audit
Business and Function Heads
Other Country Heads OR and SOROs
Country Business Risk Managers
Special Assets Group
External:
Central Bank and other key regulators
External auditors
Economic and Industry Associations in country
Other Responsibilities
Embed Here for good and Group's brand and values in GSF Risk . Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures; Multiple functions (double hats);
Our Ideal Candidate
Education - University Degree
Qualifications
Minimum 5 years relevant experience
Training - Operational risk training certification will be ideal
Membership - Professional membership such as IRM, GARP, PRMIA etc.
Certifications - Relevant Professional Certifications
Languages - English
Role specific Competencies
Manage Conduct
Manage Risk
Manage People
Risk Management – CCIB Credit Risk
Risk Management – Financial Markets
Risk Management – SAG
Risk Management – Traded Risk