Summary
Date Posted: Friday, April 15, 2022 , Base Salary: Not Disclosed

JOB DETAILS:
SASRA 6 (1 Position)
Vacancy Number: 04/2022

Role Summary
To implement prevailing legal and regulatory framework in the supervision of regulated Saccos to enhance the financial stability of the Sacco subsector

Key Responsibilities
• Assisting in assessment of license renewal applications as per the laid down procedures.
• Ensuring timely submission of regulatory returns and any adhoc reports by the Saccos.
• Assisting to check completeness and accuracy of the regulatory returns
• Assisting in basic analysis of the financial and related data from the regulatory returns to understand performance and compliance status of the assigned Saccos
• Understanding the prudential and market conduct regulatory framework in relation to performance of the Sacco societies
• Assisting in the inspection of premises for new branches of SACCO societies in line with the regulations and guidelines and make appropriate recommendations.
• Assisting in assessing corporate approval requests (such as establishment of branches, agency business introduction of new loan products, initiation of shares drive among others) from SACCOs and making recommendations through the supervisors
• Assisting is updating the register of corporate approval requests and determinations thereof
• Assist in updating data and information on financial, operation, management and governance profile of the Saccos.
• Assisting in inspections and drafting of reports
• Drafting letters and other correspondence to the Saccos
• Ensuring timely dispatch of information, general correspondences, and circulars to SACCOs assigned and confirming timely receipt by the SACCOs in line with the laid down policy.

Job Specifications:
• Bachelor’s degree in any of the following fields: - Finance, Economics/Statistics, Cooperative Management, Accounting, Business Administration/Management, Law, ICT or any other relevant qualification from recognized institution.
• Demonstrate proficiency in relevant Computer Application; and
• Certificate in Computer Application Skills; and

Job Experience: No Requirements

Work Hours: 8

Level of Education: Bachelor Degree

Job application procedure
SASRA is an Equal Opportunity Employer (EOE) and committed to diversity and gender equality. Only shortlisted candidates will be contacted. If your profile matches the requirements of these positions, please submit your application with a detailed curriculum vitae indicating your qualifications, experience, present position and salary if any, email address and mobile telephone number with copies of certificates and testimonials and Identity Card to recruit@manpowerservicesgroup.com on or before 3rd May,2022. Indicate the Job Title as the subject of the email. Application to be addressed to;
The Chief Executive Officer
Sacco Societies Regulatory Authority (SASRA)
P.O Box 25089-00100
Nairobi

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