Compliance Officer

Our client, the Insurance Company of East Africa Ltd, is one of the largest and most ethical insurers in East Africa

The company now has a vacancy, available immediately, for a Compliance Officer.

Reporting to the Manager - Risk Management & Compliance, the successful candidate will be responsible for undertaking effective compliance monitoring reviews within the company, involving data gathering, analysis, and report preparation to-identify, assess, advice, monitor and report on compliance issues

He/She will also be the key contact point for the business on remedial action required in the implementation of anti money laundering and know your customer policies

Among the Compliance Officer's key tasks will be:-

• Collecting, collating and analysing compliance risk assessment data
• Using such data to identify the high risk issues and recommending effective ways of addressing these
• Maintaining continuous dialogue and information to business units on key issues defined in the AML/KYC policies;
• Preparing compliance reports with regard to external and regulatory compliance issues
• Planning, supporting, & providing AML/KYC awareness and system training and other compliance policy training across all units
• Reviewing all AML alerts and follow-up of AML case management, including providing AML system support to users

Qualifications, skills and abilities

We invite applications from Kenya citizens who satisfy the following selection criteria:-

• Hold a Bachelor's degree in Finance, Law or Business related field - a postgraduate Master's degree will be an added advantage
• Have at least 3 years working experience some of which should be in either compliance or audit related activities
• A professional qualification in accounting or auditing such as CPA, ACCA, CISA, AIA etc. and membership of a relevant professional body is desirable
• Demonstrated understanding of the regulatory environment including the Insurance Act, Capital Markets Authority Act and Retirement Benefits Authority Act
• Excellent knowledge of anti money laundering issues and KYC requirements
• Sound understanding of insurance operations and business functions
• Proven organizational, communication and problem solving skills

Our client offers an excellent work environment in which those who achieve results excel and realize their full potential.

Ref. 233/DY/FN

Send your application letter and CV- do not attach certificates/testimonials and state how your experience matches the specification, quoting job Ref.No to hawkins.associates@khigroup.com