Deputy Manager Job in Kenya

Deputy Manager

Company: KUSCCO Mutual
Assurance Limited,

Title: Deputy Manager –
Risk & Compliance,

Industry: Insurance,

Location: Nairobi,

Salary: Competitive,

KUSCCO Mutual Assurance
Limited was incorporated in Kenya in January 2019 and is a subsidiary company
of KUSCCO Ltd with a vision to be the leading insurer committed to quality with
unwavering client focus. We are looking to hire a Deputy Manager – Risk &
Compliance to support the Leadership and Management by providing hands-on
support including the development of risk models involving market, credit, and
operational risk; ensure controls are operating effectively and provide
research and analytical support.

Responsibilities

• Implement and facilitate the cascading
  down of the Risk Management Framework and Strategy and develop risk
  mitigation plans and controls, policies, and procedures for the principal
  risks.


• Ensure each business unit, in liaison
  with the risk champions, has appropriately identified, analyzed,
  evaluated, and managed their risks and documented them in their risk
  registers.


• Consolidate the Departmental Risk
  Registers’ key risks into the Corporate Risk Register, assess the overall
  impact, and ensure regular updating in line with changes in risk ratings.


• Develop a Risk Appetite Statement that
  outlines appetite, tolerance, and capacity levels of key risks and monitor
  to ensure they remain within appetite levels, and where they exceed,
  develop mitigation control measures, and follow up with respective risk
  owners.


• Prepare and present reports giving risk
  & compliance status to Management monthly and Board Risk Management
  Committee every quarter, for decision-making.


• Provide guidance and support to the
  entire staff, and intermediaries in compliance with the group’s enterprise
  risk management requirements to ensure risk management is aligned with the
  strategy development process and execution.


• Provide training in the organization to
  promote a risk-mitigating culture and create awareness across the business
  to ensure that responsibilities and accountabilities are understood,
  especially on risk-mitigation actions. 


• Develop an effective compliance function
  to ensure 100% compliance with Statutory, Regulatory and internal
  requirements and oversee the filing of all returns by respective
  departments to relevant authorities.


• Develop and implement an Anti-Money
  Laundering and Combating Financing of Terrorism framework in line with the
  POCAMLA Act and the FATF guidelines.


• Act as a liaison officer for the
  Authority and Centre and a point of contact for all employees on issues
  relating to Money Laundering and Financing of Terrorism.


• Conduct regular assessments of the
  compliance function and system and implement or monitor needed
  improvements.


• Promote and sustain an ethical corporate
  culture that values responsible conduct and compliance with internal and
  external obligations.


• Provide Support and monitor testing of
  the Business Continuity Plans and provide appropriate status reports to
  the Management and Board.


• Any other duties assigned from time to
  time by your supervisor.

Requirements

• A Bachelor’s degree in Finance, Economics, Actuarial Science,
  Business Administration, or a related field. 


• Certification in Enterprise Risk Management or equivalent
  professional training/certification in Risk Management and Compliance. 


• Professional certification such as CPA, ACCA, CFA, or CISA
  will be an added advantage. 


• Minimum of eight (8) years of relevant
  experience. 


• Proficient in Microsoft Office suite. 


• Ability to analyze and interpret
  statistics. 


• Ability to work under pressure. 

How To
Apply 

If you believe your
experience, competencies, and qualifications match the job and role
specifications described; send your application letter (stating current and
expected pay) & updated CV (with details of at least 3 referees one of
which must be an immediate or former supervisor ) addressed to the Chief
Executive Officer to reach us on or before 5th September 2023 by email to: recruitment@kusccomutual.co.ke

 

Only short listed candidates will be contacted.