Compliance Officer job at CIC Insurance
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65 Days Ago
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Vacancy title:
Compliance Officer

[ Type: FULL TIME , Industry: Insurance , Category: Accounting & Finance ]

Jobs at:

CIC Insurance

Deadline of this Job:
22 April 2022  

Duty Station:
Within Kenya , Nairobi , East Africa

Date Posted: Wednesday, April 20, 2022 , Base Salary: Not Disclosed

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Compliance Officer

The role is responsible for the management of compliance, recordkeeping, monitoring, and analytical functions involved with regulatory compliance, anti-fraud, Anti Money Laundering (AML), and Counter Terrorist Financing (CTF) with a strong background in Fund management and pension Compliance.

• Performing real time surveillance and support with a view to preventing misconduct, promoting ethical standards, and monitoring and advising on rules, within the overall objective of reducing risk to the business
• Develop an appropriate Compliance Management methodology and process to ensure compliance with all the set up regulations.
• Provide high quality Compliance advice to Business and Support functions on applicable internal policies, laws and regulations
• Ensure that all Fund Management portfolios managed by the business comply with Capital Markets Authority Guidelines.
• Ensure that the pension portfolio in CIC Life and CICAM are in full compliance with the Retirement Benefit Authority Guidelines.
• Provide advice regarding Anti-money laundering compliance especially; client due diligence, KYC standards, internal policies and local regulations
• Assist with the review of marketing materials and client presentations to ensure compliance with regulatory requirements and presentation of the same to regulators for approval
• Provide high level analysis on changes to regulations and provide support to the Business on implementation
• Carry out compliance monitoring and perform ad hoc investigations into matters or issues that are escalated to Compliance
• Prepare draft operational policies to assist in compliance with laws and regulation for management approval.
• Coordinate submission of regulatory returns

Academic Qualifications

• Bachelor’s Degree in Business Related Field

Professional Qualifications
• CISA/CISI/CRM, CISM, Progress in CPA

• Up to three (3) years’ relevant experience

Skills and Attributes

• Team player adaptable to fast-paced and changing environment and eager to learn.
• Ability to manage tight processes, accuracy and attention to detail.
• Ability to dive into the details and develop greater understanding of the CIC Group wide compliance requirement.
• Highly disciplined person, self-motivated, and delivery focused.
• Excellent time management skills – Be able to organize and meet monthly, quarterly and annual deadlines for multiple regulators.

Work Hours: 8

Experience in Months: 36

Level of Education:
Bachelor Degree

Job application procedure
Interested and qualified? Go to CIC Insurance on to apply

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Job Info
Job Category: Accounting/ Finance jobs in Kenya
Job Type: Full-time
Deadline of this Job: 22 April 2022
Duty Station: Nairobi
Posted: 20-04-2022
No of Jobs: 1
Start Publishing: 20-04-2022
Stop Publishing (Put date of 2030): 20-04-2065
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