Position Scope:

To support the execution of compliance monitoring activities across Head Office departments, ensuring adherence to regulatory requirements, internal policies, and ethical standards. This role contributes to the bank’s risk management and regulatory compliance framework through proactive monitoring, reporting, and advisory support.

Key Responsibilities:

• Monitor Bancassurance operations, transactions and processes for compliance with insurance and banking regulations.
• Assist in conducting compliance risk assessments specific to Bancassurance products and services.
• Review documentation and customer onboarding processes to ensure regulatory alignment.
• Support the implementation of AML/CFT controls within Bancassurance operations.
• Track and escalate any compliance breaches or irregularities to the Team Leader.
• Maintain records of compliance reviews, findings, and remediation actions.
• Assist in preparing reports for internal stakeholders and regulators (e.g., IRA, CBK).
• Participate in compliance training and awareness sessions for Bancassurance staff.
• Liaise with insurance partners to ensure contractual and regulatory compliance.
• Support internal and external audits related to Bancassurance activities.
• Contribute to continuous improvement of compliance processes and controls.
• Prepare monthly compliance reports to senior management and quarterly to the Board.

Knowledge, Skills & Experience:

• Bachelor’s Degree in insurance, Finance, Business Administration, or a related field from a recognized institution. Master’s degree is an added advantage.
• Professional qualification: COP, AIIK, ACII, or equivalent.
• Professional certification in compliance, insurance, or risk management is an added advantage
• 2–4 years of experience in Bancassurance, compliance, or insurance operations.
• Familiarity with IRA regulations and CBK Prudential Guidelines.
• Banking Operations (Domestic & International Operations) Accounting
• Credit Analysis / Appraisal
• Environmental / Industry Analysis
• Operational risk
• Strong analytical and investigative skills
• Investment / Portfolio Management
• Assets & Liabilities Management
• Knowledge of insurance and banking compliance frameworks
• Financial analysis / interpretation
• TQM & Documentation
• ML/CFT/CPF & consumer protection
• Expertise in AML/CFT and sanctions compliance
• Data protection/privacy, payments and prudential themes within Kenya’s framework
• Excellent legal/regulatory writing, impact assessment, and stakeholder influence skills.
• Regulatory acumen
• Risk mindset & judgment
• Stakeholder Management
• High ethical standards and attention to detail
• Strong analytical and investigative skills
• Excellent written and verbal communication, presentations skills and team player.
• Discretion in handling confidential information
• Collaboration: forms business partnerships that help drive the Bank’s Assurance agenda.
• Good knowledge of Banking laws and regulations

• Monitor Bancassurance operations, transactions and processes for compliance with insurance and banking regulations.
• Assist in conducting compliance risk assessments specific to Bancassurance products and services.
• Review documentation and customer onboarding processes to ensure regulatory alignment.
• Support the implementation of AML/CFT controls within Bancassurance operations.
• Track and escalate any compliance breaches or irregularities to the Team Leader.
• Maintain records of compliance reviews, findings, and remediation actions.
• Assist in preparing reports for internal stakeholders and regulators (e.g., IRA, CBK).
• Participate in compliance training and awareness sessions for Bancassurance staff.
• Liaise with insurance partners to ensure contractual and regulatory compliance.
• Support internal and external audits related to Bancassurance activities.
• Contribute to continuous improvement of compliance processes and controls.
• Prepare monthly compliance reports to senior management and quarterly to the Board.

• Strong analytical and investigative skills
• Knowledge of insurance and banking compliance frameworks
• Financial analysis / interpretation
• ML/CFT/CPF & consumer protection
• Expertise in AML/CFT and sanctions compliance
• Data protection/privacy, payments and prudential themes within Kenya’s framework
• Excellent legal/regulatory writing, impact assessment, and stakeholder influence skills.
• Regulatory acumen
• Risk mindset & judgment
• Stakeholder Management
• High ethical standards and attention to detail
• Strong analytical and investigative skills
• Excellent written and verbal communication, presentations skills and team player.
• Discretion in handling confidential information
• Collaboration: forms business partnerships that help drive the Bank’s Assurance agenda.
• Good knowledge of Banking laws and regulations

• Bachelor’s Degree in insurance, Finance, Business Administration, or a related field from a recognized institution. Master’s degree is an added advantage.
• Professional qualification: COP, AIIK, ACII, or equivalent.
• Professional certification in compliance, insurance, or risk management is an added advantage