GA Insurance Limited
Job Title: Risk & Compliance Officer
Reports To: GM: Risk & Compliance
Department: Risk & Compliance
Job Summary: To initiate, implement and liaison with the
respective functional heads, manage the risk and compliance initiatives for GA.
Duties and Responsibilities:
Develops and monitors risk registers for all
departments and performs risk assessments for new products and vendors.
Prepares risk register reports and analysis for
review by the manager.
Develop Templates for Data Collection and assisting
with the mapping.
Monitor, and as necessary, coordinate risk and
compliance activities through respective departments to ensure GA remains
abreast of the status of all insurance related risks & compliance
activities.
Follow up of any identified deficiencies and make
recommendations for amendment.
Implement the risks and compliance policies and
procedures in place.
Provide reports on a monthly and quarterly basis,
and as directed or requested.
Provide relevant information required by external
bodies and regulators on compliance matters such as reporting suspicious
transactions related to money laundering and the fight against terrorism
financing.
Act as the contact point for data subjects and the
Office of the Data Commissioner.
Monitor the performance of the compliance program
and related activities on a continuous basis, taking appropriate steps to
improve its effectiveness.
Guiding various departments on the implementation of the Data Privacy requirements and supporting then to ensure compliance with the Data Protection Act.
Ensuring that IT systems and procedures comply with
all relevant data privacy and protection law, regulation, and policy.
Implementing an effective risk training program as
will be developed.
Keep abreast with the applicable laws, regulations,
rules, and standards in the risk & compliance fraternity and advise on the
emerging developments of the same.
Team participation both within the department and
other departments.
Job Holder Specifications:
Education / Qualifications:
Bachelor’s degree in Law, Finance, IT or its
equivalent from a recognized institution.
Risk Certification or Equivalent Professional
qualification.
Member of a professional body e.g., ISACA etc. will
be an added advantage.
Working Experience:
3 - 5 years’ experience.
Background in the financial industry will be an
added advantage.
Competencies
Strong analytical and organizational skills.
Personal attributes: integrity, dependable,
initiative-taking, results-oriented, creative, and strong interpersonal skills.
Ability to operationalize strategy into action for
the function.
Effective communication skills, both verbal &
written.
If you meet the above minimum
requirements, send your c.v to careers@gakenya.com indicate the position
applied for on the email subject line to be received on or before 22nd May
2023.
Only shortlisted candidates
will be contacted.
