Jobs
>
Nairobi

    Assistant Manager – Risk and Compliance at - Nairobi, Kenya - I&M Bank

    I&M Bank
    I&M Bank Nairobi, Kenya

    1 day ago

    Default job background
    Full time
    Description

    I&M Bank is a wholly owned subsidiary of I&M Holdings Limited, a publicly quoted company at the Nairobi Securities Exchange (NSE).

    The bank possesses a rich heritage in banking.


    PURPOSE:
    The Job holder is responsible for the day-to-day management of the Risk and Compliance function within I&M Capital Limited.

    The Job holder will support the CEO – I&M Capital to maintain a robust Enterprise Risk and Compliance management framework within the company.

    In addition, the Job holder will also act as the Money Laundering and Reporting Officer (MLRO) for I&M Capital Limited.


    KEY RESPONSIBILITIES:
    Governance

    Developing and regularly reviewing policies and procedures.
    Maintaining the policy & procedure catalog while tracking policy and procedure reviews as per the approved review periods.
    Ensuring that new or revised policies & procedures are cascaded to all staff as appropriate.
    Promoting a risk aware and compliance culture within the Company
    Preparing and presenting regular reports to the management and board risk committee meetings
    Act as liaison with key control functions such as Group Risk & Compliance and Group Internal Audit

    Risk Management

    Implementing the Enterprise risk management framework within the Company in line with regulatory requirements, Group minimum standards and best practices

    Implementing the Risk & Control Self-Assessment (RCSA) framework and ensure maintenance of an updated risk register that reflects the Company's current risk environment.

    Conducting risk assessments for new products, partnerships, systems and processes and ensure controls and risk mitigation plans are implemented as appropriate.

    Implementing the Key Risk Indicators (KRIs) framework and ensure maintenance of the company's KRI library.
    Conducting control tests as per control testing guidelines.
    Regularly reviewing procedures/processes to identify areas of potential improvement or weakness in risk management controls.
    Coordination of incident reporting, follow up on root cause analysis and implementation of remediation actions.
    Maintaining loss database and co-ordinating loss data collection and reporting.
    Implementing the business continuity framework and support in the operationalization of response required during a business continuity activation.
    Tracking risk mitigation and remediation activities for both current and emerging risks
    Tracking implementation of actions arising from internal and external audits and regulatory reviews

    Compliance Management

    Ensuring that the Company complies with the requirements of CMA Act & regulations, Anti-money laundering legislation and Group Minimum standards.

    Implementing Compliance policies and frameworks
    Monitoring on adherence to compliance obligations and ensure compliance risks are identified, managed and reported.
    Acting as the Money Laundering and Reporting Officer for the company

    Act as the primary contact and liaison with the CMA and Financial reporting center (FRC) and respond to all queries from the authorities.

    Regulatory reporting of returns to the CMA & FRC.

    Ensuring compliance to Know your customer (KYC) standards, conducting of screening and risk rating of clients prior to on-boarding in line with CMA & AML regulations and related company policies.

    Conducting annual AML risk assessments in line with CMA and FRC requirements.

    Developing and implementing a monitoring system to ensure that all suspicious transactions are investigated, documented, reported and passed on to the FRC if necessary.

    Conducting enhanced due diligence on high-risk clients and third parties
    Conducting due diligence on accounts suspected to be exposing the Company to AML/CFT risks and recommending necessary actions.
    Performing ongoing monitoring of high-risk clients for the purposes of identifying any emerging AML suspicious activities and behavior.
    Reviewing of accounts opened to ensure adequacy of account opening documents.
    Ensuring adequate maintenance of records as per AML/CFT requirements

    Act as an AML subject matter expert within the Company and provide appropriate guidance and support to employees on AML related matters.

    Implementation of the data protection framework within the Company, participating in data impact assessments and co-ordinating the implementation of mitigation actions


    REQUIREMENTS

    BASIC QUALIFICATIONS:
    Bachelor's degree in economics or finance or business or securities related field.
    Certification in CPA (K), CIA, CSIA, FRM, GARP, PRMIA or CFA; Chartered Institute for Securities and Investment (CISI)
    Minimum Five (5) years' experience in the Capital Markets sector, two (2) of which should be in Risk Management
    Demonstrated achievements directly attributable to the candidate.


    SKILLS AND ATTRIBUTES:
    Exceptional analytical and quantitative background.
    Excellent written and verbal communication skills.
    High level of accuracy and attention to detail.
    Excellent time management skills and ability to work under strict deadlines.
    Initiative - must be a self-starter, able to work independently with drive and motivation.
    Outstanding interpersonal skills and ability to work across functions and levels of seniority.
    Good understanding of all aspects of Enterprise Risk Management
    Ability to anticipate business risks and develop adequate mitigating risk management controls.
    Good understanding of Capital Markets products and services.
    Good working knowledge of Capital markets regulations and Anti-money laundering Act and regulations.
  • Trees for the Future

    Compliance, Risk

    4 days ago

    Trees for the Future Nairobi, Kenya Full time

    Trees 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 ...

  • Apollo Life Assurance - APA Insurance

    Risk and Compliance Officer at

    2 days ago

    Apollo Life Assurance - APA Insurance Nairobi, Kenya Full time

    Apollo 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 · ...

  • Sanlam Investments East Africa (SIEA)

    Risk & Compliance Officer at

    3 days ago

    Sanlam Investments East Africa (SIEA) Nairobi, Kenya Full time

    Sanlam 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 ...

  • Rose Avenue Group

    Head of Risk and Compliance at

    8 hours ago

    Rose Avenue Group Nairobi, Kenya Full time

    Rose Avenue Consulting Group is a financial management, strategy and consulting firm that combines deep industry knowledge with specialized expertise in corporate finance, strategy and research. Together with our clients and partnering companies we address our client's most criti ...

  • World Health Organization (WHO)

    Compliance and Risk Management Officer at

    1 week ago

    World Health Organization (WHO) Nairobi, Kenya Full time

    The 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 ...

  • GiveDirectly

    Senior Manager, Risk and Compliance at

    1 week ago

    GiveDirectly Nairobi, Kenya Full time

    GiveDirectly is the first - and largest - nonprofit that lets donors like you send money directly to the world's poorest. We believe people living in poverty deserve the dignity to choose for themselves how best to improve their lives - cash enables that choice. · About This Role ...

  • KCB Bank Kenya

    Senior Manager, Risk and Compliance at

    4 days ago

    KCB Bank Kenya Nairobi, Kenya Full time

    Kenya Commercial Bank Limited is registered as a non-operating holding company which started operations as a licensed banking institution with effect from January 1, 2016. The holding company oversees KCB Kenya - incorporated with effect from January 1, and all KCB's regional uni ...

  • Britam

    Risk & Compliance Manager, International Business at

    3 days ago

    Britam Nairobi, Kenya Full time

    Britam is a leading diversified financial services group, listed on the Nairobi Securities Exchange. The group has interests across the Eastern and Southern Africa region, with operations in Kenya, Uganda, Tanzania, Rwanda, South Sudan, Mozambique and Malawi. · Strategic Purpose: ...

  • World Health Organization (WHO)

    Roster, Compliance and Risk Management, P4 at

    1 week ago

    World Health Organization (WHO) Nairobi, Kenya Full time

    The 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 ...

  • Safaricom Kenya

    Senior Manager Governance, Risk and Compliance at

    1 week ago

    Safaricom Kenya Nairobi, Kenya Full time

    Safaricom is the leading provider of converged communication solutions in Kenya. In addition to providing a broad range of first-class products and services for Telephony, Broadband Internet and Financial services, Safaricom seeks to uplift the welfare of Kenyans through value-ad ...

  • Kenya Airways

    Technology Governance, Risk and Compliance Officer

    1 week ago

    Kenya Airways Nairobi, Kenya Full time

    ABOUT 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

    Technology Governance, Risk and Compliance Officer at

    2 days ago

    Kenya Airways Nairobi, Kenya Full time

    Kenya 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 ...

  • KPMG

    Interns - Assurance - Governance, Risk & Compliance (GRCS) at

    3 days ago

    KPMG Nairobi, Kenya Full time

    KPMG is a professional service company, being one of the Big Four auditors, along with Deloitte, EY and PwC. Seated in Amsterdam, the Netherlands, KPMG employs 174,000 people and has three lines of services: audit, tax, and advisory. · About the program · Open to undergraduates i ...

  • Black Pen Recruitment

    Regional Compliance Reviews Manager

    4 days ago

    Black Pen Recruitment Nairobi, Kenya

    Our Client is the largest and only licensed on/off-ramp platform for stablecoins in Africa. They are dedicated to offering innovative solutions in the African stablecoins space. Our client is committed to making stablecoins accessible and understandable for everyone, providing th ...

  • Black Pen Recruitment

    Regional Compliance Reviews Manager

    1 day ago

    Black Pen Recruitment Nairobi, Kenya

    Our Client is the largest and the first licensed on/off-ramp platform for stablecoins in Africa. They are dedicated to offering innovative solutions in the African stablecoins space. Our client is committed to making stablecoins accessible and understandable for everyone, providi ...

  • Watu Credit Limited

    Risk Management Officer at

    1 day ago

    Watu Credit Limited Nairobi, Kenya Full time

    Watu 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 ...

  • Centum Investments Co. Ltd.

    ESG, Risk

    3 days ago

    Centum Investments Co. Ltd. Nairobi, Kenya Full time

    ABOUT THE COMPANY · Centum is East Africa's leading investment company listed on the Nairobi Securities Exchange and Uganda Securities Exchange. It aims at providing investors with access to a portfolio of inaccessible, quality, diversified investments. · JOB SUMMARY · Centum Inv ...

  • Lipa Later Limited

    Legal Counsel at

    1 day ago

    Lipa Later Limited Nairobi, Kenya Full time

    Lipa Later is a risk free, point of sale credit option that allows retailers to sell goods and services to consumers with repayments made in affordable monthly instalments. It is the leading third party instalment plan for retailers in East Africa currently operating in Kenya and ...

  • Reeds Africa Consult

    Assistant Manager

    3 days ago

    Reeds Africa Consult Nairobi, Kenya Full time

    Reeds Africa consult (RAC) offers a broad scale of Human resource services designed to provide professional supports for the growing needs of today's corporate organizations · Job Summary: · Our client is looking for An ASSISTANT MANAGER - RISK & COMPLIANCE who will be responsibl ...

  • bioMérieux

    Ethics & Compliance Officer, Africa at

    4 days ago

    bioMérieux Nairobi, Kenya Full time

    Pioneering Diagnostics A world leader in the field of in vitro diagnostics for 60 years, bioMérieux is present in 45 countries and serves more than 160 countries with the support of a large network of distributors. · MAIN MISSION · Under the supervision of the Sr. Director, EME&A ...