Risk Management & Compliance Manager Job in Kenya


Position: Risk Management & Compliance Manager
 
Reporting to:
 Chief Executive Officer

Overall Responsibility
 
To partner with management to provide continual risk assessment and in the development of comprehensive policies, procedures, compliance training, protocols, internal investigations, plans and implements risk management strategies and processes.

Key Tasks, Duties and Responsibilities


Strategy:
  • Evaluate the strategies, policies, standards, procedures and related practices for the management, and recommend appropriate changes.
  • Proactively participate in developing and managing organizational plans for continuity of business operations and information processing systems in the event of a disruption.
  • In liaison with departmental managers, initiate follow-up action to ensure implementation of audit recommendations.
  • Identify areas of improving the company’s performance and efficiency through optimal utilization of resources and avoidance of waste.
  • Assess the adequacy of management decisions and their effectiveness to help maximize operational efficiency in a competitive market environment.
Security:
  • Evaluate the logical, environmental, and infrastructural IT security to ensure that it satisfies the organization’s business requirements for safeguarding IT assets against unauthorized use, disclosure, modification, damage, or loss.
  • Proactively contribute to systems design, planning and development with particular emphasis on systems security and controls.
  • Safeguard company assets against loss, misuse, damage or unauthorized disclosure.
Systems:
  • Carry out operational audit designed to identify bottlenecks and shortcomings in our systems, and propose remedial measures.
  • Continuously review and monitor existing systems to improve their effectiveness and to ensure that agreed policies and procedures are adhered to at all times.
  • Continuously review the effectiveness and efficiency of the organization’s implementation of ongoing management information systems and infrastructure to ensure that they adequately support the organization’s business objectives.
  • Evaluate the methodology and processes by which the business application system development, acquisition, implementation, and maintenance are undertaken to ensure that they meet the organization’s overall strategy and objectives.
  • Evaluate business systems and processes to ensure that risks are managed in accordance with the organization’s business objectives.
  • Compiling and discussing reports detailing findings, implications and recommendations for system improvements.
  • Evaluate application of internal operational guidelines/manuals, identify deviations and recommend appropriate changes whenever necessary.
Financial Audit:
  • Evaluate the payment, receipting, debiting, claims processing and credit control procedures to ensure compliance with approved authority and budgetary levels.
  • Undertake ad hoc check on the usage of petty cash to ensure that it is used for authorized purpose and that the float limit is adhered to.
  • Evaluate the efficiency of the accounting and book-keeping systems to ensure that the control accounts at all times tally with the subsidiary records and that an audit trail is at all times available.
Person Specifications:

Academic Qualifications
  • Relevant Business related Bachelor’s degree
Professional Qualifications
  • Qualification in Risk Management/Audit and Insurance
Experience
  • 5 years experience in Insurance Risk Management
If you meet the above minimum requirements, send your c.v to henry@gakenya.com indicate the position applied for on the email subject line so as to be received on or before April 15, 2013.