Risk & Compliance Officer Job Kenya Orient Insurance

Insurance Jobs . Kenya Orient Insurance Limited Jobs

The role is responsible for supporting the identification, assessment, mitigation, reporting, and monitoring of enterprise risks, including compliance with Anti-Money Laundering (AML), Combating the Financing of Terrorism (CFT), and Business Continuity Plans (BCP). It ensures adherence to regulatory requirements, corporate governance standards, and industry best practices.

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KEY TASKS, DUTIES AND RESPONSIBILITIES

• Co-develop and maintain the company’s enterprise risk management strategy.
• Conduct comprehensive risk assessments across business and functional areas in line with the risk management framework.
• Develop and implement systems, policies, and procedures for identifying, collecting, and analyzing risk-related information.
• Evaluate the adequacy and effectiveness of controls to ensure identified risks are appropriately mitigated at departmental and process levels.
• Maintain risk registers and assist management in tracking progress on risk mitigation action plans.
• Collaborate with departments to identify, quantify, mitigate, and monitor operational and financial risks.
• Monitor risks and communicate relevant information to stakeholders to ensure the effectiveness of the enterprise risk management strategy.
• Review new and ongoing products to ensure they undergo comprehensive risk assessments before implementation.
• Facilitate awareness and training programs on risk management, controls, and compliance activities.
• Prepare monthly, quarterly, and ad hoc risk and compliance reports as required.
• Coordinate Anti-Money Laundering (AML), Data Protection, and other regulatory compliance activities.
• Implement and maintain effective internal controls to prevent and detect compliance violations within insurance operations.
• Ensure business units comply with applicable regulations through continuous monitoring and review of legislation, internal policies, and controls.
• Identify, assess, control, and enforce compliance risk management across the organization.
• Detect, report, and follow up on suspicious transactions.

KEY COMPETENCIES

• In-depth knowledge of the financial services industry.
• Strong analytical, organizational, and problem-solving skills.
• Personal attributes: integrity, dependability, initiative, results-orientation, creativity, and
• strong interpersonal skills.
• Effective verbal and written communication skills.
• Proactive in staying updated on regulatory developments.
• Knowledge of automation in risk management.
• Competence in data analytics.

REQUIREMENTS

• Bachelor’s degree in Insurance, Finance, Accounting, Risk, Compliance, Law, or a related field.
• Risk certification or equivalent professional qualification.
• Membership in a relevant professional body is an added advantage.
• 3–5 years of experience in risk management or compliance.

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How to Apply

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