Job Purpose The job holder will ensure that the Group s policies and procedures as stipulated in the operating companies systems and procedures manuals, and all the relevant legal and regulatory requirements, are complied with; the Group s exposure to risk is reduced; the Group s assets are safeguarded; all the Group s transactions are completely and accurately recorded; and the Group s financial statements comply with the provisions of the International Financial Reporting Standards and the Company s Act Key responsibilities Risk Management Create and continuously update the Risk policy manual that defines the company s risk appetite and what business the company does and does not do Implement the process of identifying and assessing the risks affecting the business Monitor, evaluate and challenge the organisation s success in managing its risks so far Organize appropriate risk reporting, internally and externally Advise the company on the risk exposure before any decision can be made Assist management with integrating risk management policy within the strategic development process Collate data from all departments to come up with a comprehensive manual detailing the functions of the business Risk Monitoring Develop and monitor risk mitigation strategies for the organization Plan, design and implement an overall risk management process for the organization by developing operating models Oversee and implement risk control policy in purchases, investments or other financing options, health and safety measures, liaison with regulators and business continuity plans Monitor normal business activities and major decisions to ensure there are no hidden risks from the decisions made Work with all departments to establish, maintain and continuously improve risk management capabilities Reporting Report regularly to senior management of the company regarding the analysis of the company s risks Prepare comprehensive monthly, quarterly and annual risk reports to be used for internal analysis by the various departments, the Board of Directors and also for evaluation of the Company s financial status by the government, external and internal auditors File reports necessary to comply with law and other insurance regulatory authorities Prepare monthly reports to the management on the departments performance or on any other issue affecting the risk department Compliance Conduct periodic internal reviews or audits to ensure that compliance procedures are followed Conduct or direct the internal investigation of compliance issues Conduct environmental audits to ensure adherence to environmental standards Identify compliance issues that require follow-up or investigation Disseminate written policies and procedures related to compliance activities Maintain documentation of compliance activities, such as complaints received or investigation outcomes Discuss emerging compliance issues with management or employees Monitor compliance systems to ensure their effectiveness Report violations of compliance or regulatory standards to duly authorized enforcement agencies as appropriate or required Keep informed regarding pending industry changes, trends, and best practices and assess the potential impact of these changes on organizational processes Minimum Requirements Bachelor of Commerce Degree (Accounting Option) or any other relevant Degree. A degree in Risk Management will be an added advantage. CPA (K), ACCA, ACA or any other recognized professional accounting qualification 7 to 10 years relevant experience gained either in a professional accounting firm or other big commercial organisation with at least 5 years in Risk Management. Computer literate (Ms Office) with experience in auditing computerized environments. Excellent interpersonal and communication skills Team player
from Latest Jobs in Kenya | Capital FM Jobsfinder powered by Job Mail Kenya http://ift.tt/XuTiVx
from Latest Jobs in Kenya | Capital FM Jobsfinder powered by Job Mail Kenya http://ift.tt/XuTiVx
