Risk Officer

Job Title: Risk Officer
 

Station: Nairobi

Key Responsibilities and Accountabilities

• Manage the implementation of all aspects of the risk function, including implementation of processes, tools and systems to identify, assess, measure, manage and report risks.
• Identify, assess and monitor risk on an ongoing firm-wide and individual entity basis and support in the implementation of internal controls which are effective in design and operation.
• Undertake quality control reviews for the business units to ensure consistent implementation of policy and processes across all business units and identify any gaps, challenges and improvement measures.
• Provide consolidated reporting, inclusive of an overall risk profile, ensuring that major risks are identified and reported to the Board Risk Management Committee on risk hotspots, measures and recommendations. 
• Communicate board and regulatory responses or directives to business units.
• Monitor adherence to compliance, AML and KYC standards
• Assist in the development of and manage processes to identify and evaluate business areas’ risks and risk and control self-assessments. These include snap checks and other management monitoring checks / toolkits.
• Manage the process of developing risk policies and procedures, risk limits and approval authorities.
•  Generate all KPIs / periodic reporting / MI / data in an appropriate form and timely manner to ensure that all direct and indirect areas of Risk are operating efficiently and conforming to agreed policies, processes, mandates and interpretations
• Implement and manage the risk and control assessment reporting process as well as manage and maintain management reports, follow up of issues identified for conclusive resolution
• Conduct compliance and risk assessment of key business areas as well as for new products / business changes to ensure risk and control adequacy, evaluation, process and adequate business risk profile. 
• Undertake training to staff on inherent risks and controls in the processes within their control. 
• Management Executive Committees  reports evaluation  and monitor against business strategy and regulatory requirements
• Identifying current and emerging risks
• Developing risk assessment and measurement systems
• Establishing policies, practices and other control mechanisms to manage risks
• Developing risk tolerance limits for Management and board approval
• Reporting results of risk monitoring to Management and the board.
• Oversight over the credit process including approval of credit facilities.
• Oversight on loan provisioning process and remedial management.
• Independent oversight over the Bank’s Assets and Liabilities Committee (ALCO) with regard to risk management measures and policy decisions.
• Periodic review and update of the risk management policies and procedures.

Qualifications:

• Educated to degree level  with relevant experience in risk management 
• Experience of between 3-5 years in working in banking institution with particular emphasis in risk management
• Detailed  understanding of Banking processes, Risk, Regulatory & Compliance policies and requirements 
• Result oriented individual taking the lead in operational process reengineering, providing direction on new product & business initiatives, project governance, process reviews and risk assessments.
• Good communication (written and verbal) skills, including well developed presentation skills
• In depth knowledge and experience of the practical application of risk MI systems and methodologies, including experience of risk and control assessment and risk reporting.

Application Procedure
 

Please send your updated CV in WORD FORMAT to recruiterbpm@gmail.com by 15TH September 2015. 

On the subject line please indicate what position you are applying for and within the email please indicate you current salary, expected salary and remuneration package.

Strategy & Innovation Manager

Job Title: Strategy & Innovation Manager
 

Recruiter: Altima Africa Ltd   
 

Contract: Permanent       
 

Location: Nairobi
 

Available: ASAP

Profile Introduction: Our Client is a leading Insurance company with operations across the Greater East African region. 

Our client seeks to recruit a self driven individual for the position of Strategy & Innovation Manager - Reporting to the Managing Director.

Minimum Requirements

• 7+ years progressive management experience, 3 of which must be in spearheading Project Management initiatives;
• Bachelor’s degree in B.Com, Mathematics, Statistics, Actuarial Science or equivalent required;
• Master’s degree will be an added advantage; and
• Expert level of proficiency in Microsoft Office: Excel, Word and Access.

Job Specification

• Strategic Planning, budget co-ordination and forecasting;
• Enterprise Performance Management and Business Intelligence;
• Industry & Market Intelligence;
• Innovation Management;
• Strategic Risk Management; and
• Medical Risk Management.

Competencies

• Visionary Leadership;
• Project Management;
• Strong Financial Acumen;
• Customer Focus & ability to Build and Sustain Relationships;
• Operational Excellence with a strong Drive for Results and
• Innovation and Agility.

How to Apply

If you are qualified and up to the challenge visitwww.altimaafrica.com/careers.php 

and apply online by 5pm 30th June 2015

Please note that only qualified candidates will be contacted

Our client is an Equal Opportunity Employer

GA Insurance Risk Management & Compliance Manager Job in Kenya

Position: Risk Management & Compliance Manager

 
Reporting to: Chief Executive Officer

Overall Responsibility
 

To partner with management to provide continual risk assessment and in the development of comprehensive policies, procedures, compliance training, protocols, internal investigations, plans and implements risk management strategies and processes.

Key Tasks, Duties and Responsibilities

Strategy:

• Evaluate the strategies, policies, standards, procedures and related practices for the management, and recommend appropriate changes.
• Proactively participate in developing and managing organizational plans for continuity of business operations and information processing systems in the event of a disruption.
• In liaison with departmental managers, initiate follow-up action to ensure implementation of audit recommendations.
• Identify areas of improving the company’s performance and efficiency through optimal utilization of resources and avoidance of waste.
• Assess the adequacy of management decisions and their effectiveness to help maximize operational efficiency in a competitive market environment.

Security:

• Evaluate the logical, environmental, and infrastructural IT security to ensure that it satisfies the organization’s business requirements for safeguarding IT assets against unauthorized use, disclosure, modification, damage, or loss.
• Proactively contribute to systems design, planning and development with particular emphasis on systems security and controls.
• Safeguard company assets against loss, misuse, damage or unauthorized disclosure.

Systems:

• Carry out operational audit designed to identify bottlenecks and shortcomings in our systems, and propose remedial measures.
• Continuously review and monitor existing systems to improve their effectiveness and to ensure that agreed policies and procedures are adhered to at all times.
• Continuously review the effectiveness and efficiency of the organization’s implementation of ongoing management information systems and infrastructure to ensure that they adequately support the organization’s business objectives.
• Evaluate the methodology and processes by which the business application system development, acquisition, implementation, and maintenance are undertaken to ensure that they meet the organization’s overall strategy and objectives.
• Evaluate business systems and processes to ensure that risks are managed in accordance with the organization’s business objectives.
• Compiling and discussing reports detailing findings, implications and recommendations for system improvements.
• Evaluate application of internal operational guidelines/manuals, identify deviations and recommend appropriate changes whenever necessary.

Financial Audit:

• Evaluate the payment, receipting, debiting, claims processing and credit control procedures to ensure compliance with approved authority and budgetary levels.
• Undertake ad hoc check on the usage of petty cash to ensure that it is used for authorized purpose and that the float limit is adhered to.
• Evaluate the efficiency of the accounting and book-keeping systems to ensure that the control accounts at all times tally with the subsidiary records and that an audit trail is at all times available.

Person Specifications:

Academic Qualifications

• Relevant Business related Bachelor’s degree

Professional Qualifications

• Qualification in Risk Management/Audit and Insurance

Experience

• 5 years experience in Insurance Risk Management

If you meet the above minimum requirements, send your c.v to henry@gakenya.com indicate the position applied for on the email subject line so as to be received on or before April 15, 2013.

KCB - Market Risk Anaylist

Exciting Positions at Kenya Commercial Bank Ltd
 

KCB, renowned for its diversity and growth in the region is currently looking to strengthening its business development team with the aim of responding to growing client needs in order to enhance client relationships and increase shareholder value. 

To this end the following challenging positions have arisen and candidates with the requisite competencies and qualifications described below are hereby encouraged to apply.
 

Market Risk Anaylst 

Job Ref No RISK01/2010

1 Position
 

The Position
 

Reporting to the Head Market Risk, the Market Risk Analyst will be responsible for ensuring that market risks are effectively measured, monitored, allocated, controlled and reported as well as providing support for maintenance of the risk management system for KCB and its subsidiaries.
 

Key Responsibilities
 

The major responsibilities of this position will be:‐

• Implementation of a Middle Office / Market Risk System for the KCB Group.
• The establishment of Entity VaR, business unit VaR’s and associated trading limits and triggers thereby ensuring these are appropriately calibrated to capital allocations and budgeted P&L. Authorization of headroom allocations and motivation for increased limits on basis of risk‐reward relationship.
• Daily risk reporting, analysis and commentary including weekly review of backtesting failures. This includes VaR measurement, VaR proxy decisions, collating of historic data, discussion of risk positions and changes with traders, monitoring, reporting and reviewing of established limits , design and implementation of appropriate market risk reports, ALCO reports, economic capital reporting etc.
• Ensuring the accuracy of the mark‐to‐market pricing models and liaison with market risk methods for assistance on quantitative matters.
• Support the development of a Group market risk framework and policy to include the above, models, limits, stress testing and scenario analysis
• Profit & loss attribution analysis, provision reporting, price verification and liaison with finance on reconciliation of reported results.
• Review and research of economic indicators and discussion of positioning ahead of possible market moves to maximize / minimize risk‐reward.
• Implementation of Basle II and liaison with CBK

The Person
 

In order to be considered for the above position all applicants should have:‐

• Minimum of an upper second class first degree from a recognized university preferably in a financial engineering, actuarial science or mathematical discipline
• Professional qualifications i.e. CFA, CPA, ACA, ACI, PRM or already enrolled to attain one of the above qualifications
• At least 3 years experience in banking or in a financial institution, with at least two years exposure to market risk or the treasury function.
• Exposure to valuation of financial instruments and IAS39
• Ability to multi task, network and to be able to communicate with people at different levels
• Be focused on delivery and results within deadlines
• Proven analytical skills and ability to analyze & evaluate financial reports
• Ability to co‐ordinate tasks and people and to be able to work individually or to work in a team and provide on the job training when necessary
• Understand the products traded in a treasury/derivative environment and the treasury processes (front office, middle office, back office, risk)
• Good knowledge of office automation skills (VBA) and the Microsoft office suite

The above positions are demanding roles which we will provide a competitive package for the right candidates. 

If you believe you can clearly demonstrate your abilities to meet the criteria given above, please submit your application with a detailed CV, stating your current position, remuneration level, e‐mail and telephone contacts quoting the respective job title or Job ref no in the subject field to recruitment@kcb.co.ke.

To be considered your application must be received by 29th January 2010. 

Only short listed candidates will be contacted.

Enterprise Risk Management (ERM) - Risk Officer

Job Title: Enterprise Risk Management (ERM) -  Risk Officer
 

Grade / Level: C12/13

Reporting to: Enterprise Risk Management  East Africa Cluster Head 

Location: Kenya

Job Description

Job Purpose: The ERM Risk Officer will report directly into the ERM East Africa cluster Head and will be responsible for assisting the Divisional Head conduct the relevant Governance meetings, execution of the Control Framework and the provision of Control Advisory Support.

Job Background / Context: Enterprise Risk Management (ERM) is a newly formed organization comprised of a few hundred employees globally.  ERM was created to proactively assist the businesses, O&T, and the independent control groups in enhancing the effectiveness of controls and managing operational risks across products, business lines and regions.

Key Responsibilities:

• Conduct BRCC (Business Risk, Compliance, and Control Committee) as per governance policy guidelines
• Identify emerging risks for the  Franchise.
• Administer the RCSA process until such time as it is replaced with the Manager’s Control Assessment (MCA) process.
• Facilitate the MCAs for the most material entities in the Country.  Oversee the facilitation of the MCAs for all other entities in the region.  Track the MCAs, corrective action plans, and other required follow-up through the Catalyst system.
• Coordinate the implementation and review of Key Risk Indicators across all businesses and functions as per the regional guidelines.
• Assist the Cluster Head with the implementation of the Fraud Management Programme in East Africa
• Conduct Infrastructure Risk Reviews to assess control environments, identify vulnerabilities, develop solutions and oversee implementation of enhancements.
• Track open issues / corrective action plans and independently validate issue closures.
• Partner with controls design specialists to oversee implementation of Points of Control standards.
• Work with Operational Risk Management and business management to remediate inconsistencies as required.
• Provide specific country insights as required.
• Partner with relevant business and control groups to ensure their ‘best practices’ conform to country's operating standards and/or regulatory requirements.  Provide input into Compliance Control Matrix in this regard.
• Coordinate with the cluster / region in providing information on control environment and implement control related initiatives initiated at region and cluster level
• Monitor changes in the environment, in our strategy and in our operational and technology capabilities proactively and oversee appropriate modifications to the control environment that arise from those changes.
• Work with ORM to determine and resource key areas that require focus.
• Assist local management with country Prioritization / re optimisation projects.
• Travel to the countries on a periodic basis.

Person Specification

Knowledge/Experience:

• Familiarity with consumer, corporate and investment banking
• Strong experience in operational  / product control.
• Minimum 7 years industry experience with a background in Risk, Compliance or Controls, preferably gained in an international financial institution.
• A thorough knowledge of multiple control environments.

Skills:

• Strong interpersonal skills
• Strong written and oral communication skills
• Strong Analytical abilities
• Significant attention to detail
• Strategic and goal-oriented focus
• Unwavering commitment to co-operative and collaborative working

Qualifications:

• College/university education preferred, but an exceptional working track record will be deemed more important.
• Exceptional candidates who do not meet these criteria may be considered for the role provided they have the necessary skills and experience

Competencies:

• In depth knowledge of Risks, Controls and processes in Financial industry
• The successful candidates will need to show that they are unafraid to take responsibility in a greenfield post with extremely high exposure and expectations
• The candidates must be able to work effectively with local contemporaries and peers in other clusters and regions to maintain a collaborative culture

Deadline of application is 5th July 2012 before 5:00 PM.

Email: therecexpert@gmail.com

Safaricom - Principal Information Risk Officer Job in Kenya

 We are pleased to announce the following vacancy within the Risk Management Division.  

In keeping with our current business needs, we are looking for a person who meets the criteria indicated below:

Principal Information Risk Officer

Ref:  RM_PIRO_MAY_2012

Reporting to the Head of Department-Enterprise Risk, the job holder will implement a comprehensive program to assess and mitigate current and emerging risks that impact the integrity, availability and confidentiality of information assets and the information environment. 

The job holder will also be responsible for coordinating, evaluating, and reporting on Information risk in a manner that meets compliance and regulatory requirements while enabling business units minimize Information risk.

Key Responsibilities:

• Review and ensure adequate policies are implemented to manage Information Risk across the company;
• Provide guidance in the interpretations of current policies related to specific situations as they arise;
• Create awareness on the policies in place across the company and conduct policy exception reviews;
• Contribute to and critique the development of Information management policies, standards and procedures across the company and the monitoring thereof;
• Coordinate enterprise information risk assessments at regular intervals to assess and track the health of information management across the company;
• Develop and embed appropriate Information Risk awareness initiatives across the business.
• Offer specialist guidance & advisory to other business units for timely assurance of key special projects.

Minimum Requirements:

• Upper second class degree in IT, Business Information Systems (or related technical field) from a recognized university;
• Holder of at least one of the following certifications: CISA, CISM or CISSP;
• At least 4 years proven working experience in operational management of Information Systems / Information Security / Information Systems Audit role, or proven experience in business process assurance and/or risk analysis preferably in a telecommunications environment;
• Detailed knowledge of GSM and IT Networks is essential;
• Detailed, methodical and result oriented;
• Excellent communication skills;
• Upholds high standards of integrity;
• Knowledge of information and physical security network communications (TCP/IP), operating systems, firewalls, relational databases (Oracle, SQL, MySQL, Sybase, etc), IPS, emergency/contingency planning;
• Experience in Policy Writing and/or good & proven documentation skills;
• Project management skills;
• Experience in risk analysis practices & participation in incident management initiatives
• Advanced understanding of the implementation of information security /frameworks e.g. ISMS cyclic advisory (ISO/IEC 27001:2005) and Pen tests/Vulnerability Assessments will be an added advantage.

If you feel that you are up to the challenge and posses the necessary qualification and experience please send your resume and application letter indicating your experience and why you are the most suitable candidate for the role clearly quoting the job title and job reference to the address below. 

The deadline for application is Wednesday, 30th May, 2012.

The Senior Manager – Talent Acquisition
Safaricom Ltd
Nairobi
 

Via E-mail to hr@safaricom.co.ke

Safaricom Risk Support Engineer Job in Kenya

 We are pleased to announce the following vacancy in the Revenue Assurance and Fraud Department within the Risk Division. 

In keeping with our current business needs, we are looking for a person who meets the criteria indicated below:
 

Risk Support Engineer

Ref: RM_RSE_MAY_2012

Reporting to the Senior Manager-Fraud Detection, the holder of the position will act as a liaison between Fraud Management, Technical and IT Division and the Systems Vendors. 

The key objective of this role is to; enhance fraud detection, support Risk Management staff during assignments/ projects and monitor fraud systems

Key Responsibilities:

• Responsible for supporting specific initiatives or projects in relation to Fraud and Risk management in general;
• Liaise with related stakeholders in the business for fraud control operational needs to ensure it remains appropriate to changing business;
• Provide direction and momentum to a variety of projects / programmes to improve the Fraud risk position for the company;
• Provide expert advice to support the development of tactical solutions to address emerging technical fraud trends;
• Organize regular and relevant training for staff other staff and play a lead role in improvement and automation of processes that are done manually;
• Develop and implement a systematic process for capturing all Fraud systems issues and resolution of the same with the IT systems support team;
• Manage, overseeing and support overall operation for Fraud systems and perform proactive system health checks;
• Ensuring that planned outages are authorized by all involved teams;
• Review and ensure existence of a sound Business Continuity process (BCP) for the Fraud team applications and related Ensure and monitor that all requirements for back up (DRP) of Fraud applications are implemented as per company policy;
• Carry out Fraud System audits and monitor system usage compliance and maintain an up to date user access matrix and documents. 

Minimum Requirements:

• Bachelor's degree in Computer Science, Telecommunications or Engineering;
• At least 4- 5 year proven experience within IT, Engineering or financial services environment, particularly in fraud or risk management areas or in external/ internal audit with reputable firm;
• Knowledge of frauds, in particular technical/ network frauds,  is an asset;
• Diploma in Telecommunication or Systems audit for example CISA is an added advantage;
• Advanced knowledge of GSM and IT network;
• Project Management certification / skills;
• Conceptual thinker, ability to wade through data and arrive at conclusions;
• Strong communication skills - written and verbal - to succinctly present findings and communicate with a variety business partners;
• Multitasking and prioritization skills required to function in a fast-paced environment;
• Professional presentation required and high integrity and, confidentiality at all times.

If you feel that you are up to the challenge and posses the necessary qualification and experience please send your resume and application letter indicating your experience and why you are the most suitable candidate for the role clearly quoting the job title and job reference to the address below. 

The deadline for application is Thursday, 28th May ,2012.

The Senior Manager – Talent Acquisition
Safaricom Ltd
Nairobi
 

Via E-mail to hr@safaricom.co.ke   

British-American - Relationship/Sales Manager, Portfolio Manager, Investment Associate, Risk Associate, Legal & Compliance Assistant Jobs in Kenya

British-American is a leading financial services Group in the country offering a wide range of Insurance and Asset management services to individuals, small businesses, corporations and government entities.

As part of our growth strategy and to strengthen the team to achieve ambitious performance objectives, the Company wishes to recruit experienced, dynamic and innovative individuals to fill the following positions at British-American Asset Managers
Company Limited.

Relationship and Sales Manager

Reporting to the Managing Director, the jobholder will be responsible for driving production of all products through all distribution channels.

Key Responsibilities:

• Provide overall leadership, training and support for asset management product sales through the single distribution channel and the independent financial advisory channel;
• Partnering with the management of the single distribution channel to drive production of asset management products while complimenting the production of other lines — life, general, etc.
• Lead origination of segregated, discretionary and pension scheme mandates with focus on the possibility of selling alternative products such as property and private equity;
• Institutional sales of both fund management and cash management to key institutions;
• Managing relationships for property and private equity and origination ofnew opportunities;
• Placement of property and private equity products;
• Origination of wealth management clients and managing these client relationships;
• Responsible for coordinating the independent financial advisor network;
• Responsible for affinity group marketing to chamas, Saccos, etc.

Qualifications, Knowledge, Experience

• Bachelor of Commerce degree or equivalent;
• Professional certification;
• At least S years experience in related field;
• Experience in managing a team in achieving and exceeding stated objectives;
• Strong inter-personal skills and ability to work in a team-oriented and collaborative environment;
• Excellent written and verbal communication skills;
• Business to Business relationship management experience;
• A demonstrated track record of sales dealing with high caliber clients;
• Customer focus and orientation.

Portfolio Manager - Fixed Income

Reporting to the Managing Director, the jobholder will be responsible for analyzing investment portfolios to determine asset allocation opportunities to maximize return or minimize investment risk.

Key Responsibilities:

• Ensure delivery of superior risk adjusted returns to client portfolios;
• Analyze trends in global and local markets to manage primary risk factors in client portfolios and produce meaningful long term returns;
• Ensure adherence to the company’s investment strategy and detailed processes;
• Execute asset allocation decisions amongst client portfolios and general management of all publically traded asset classes;
• Serve as representative of the company in client servicing;
• Coordinating the dealing team to ensure timely and efficient execution of investment decisions.

Qualifications, Knowledge, Experience

• Bachelor degree in Finance, Economics, Statistics or Mathematics with strong academic record (masters degree in a quantitative discipline would be an added advantage);
• 5 to 7 years work experience in financial markets;
• Professional qualification in Finance/Investment e.g. attained CFA status or actively studying for CFA;
• Strong analytical and conceptual skills with strong knowledge of investments;
• Strong inter-personal skills and ability to work in a team-oriented and collaborative environment;
• Excellent communications skills both oral and written.

Investment Associate - Property

Reporting to the Portfolio Manager, the Investment Associate will be involved in sourcing and analyzing of deals across the Eastern Africa region as they support the company’s efforts to tap into the Private Equity space.

Key Responsibilities:

• Develop and tap the existing network to create a deal pipeline;
• Conduct qualitative and quantitative analysis to support potential investment opportunities in line with the Investment Process;
• Evaluate the performance of potential investments;
• Prepare materials and internal memoranda that supports the investment plans and fund marketing material;
• Evaluate the present market conditions as well as potential alternative investment categories;
• Perform responsibilities of generating information and analysis for the purpose of developing and supporting asset allocation decisions including geographic and sector research;
• Prepare various investment reports, transaction documents, marketing materials and memorandums;
• Perform any other duties assigned by the Portfolio Manager.

Qualifications, Knowledge, Experience:

• Bachelor degree is a required minimum;
• 2 to 3 years work experience in financial services with prior hands on experience in Real Estate, Project Management and/or program management with regards to property investments;
• Extensive knowledge of analyzing property deals & developing financial models with strong analytical and conceptual skills and comprehensive knowledge of Real Estate Valuation techniques;
• Knowledge of the practices of private equity including financial tools and theories;
• Goal-oriented with good verbal and written communication skills;
• Strong inter-personal skills and ability to work in a team-oriented and collaborative environment.

Risk Associate

Reporting to the Managing Director, the jobholder will be responsible for identifying and analyzing the areas of potential risk threatening the company assets.

Key Responsibilities:

• Conduct research on current and future events on the economy and anticipate their possible effect on the financial success of the business;
• Identify and find out the potential areas of risks that threaten the success and working of the company;
• Predict the future trends based on the latest developments in the market;
• Propose methodologies and solutions to overcome the identified risks and their effects;
• Recommend the changes to the management based on the solutions to adopt newer strategies to overcome the risks;
• Compile the reports, presentations to highlight the effects of risks;
• Evaluate the implementation of risk reduction strategies;
• Monitor the post-period implementation of risk management strategies.

Qualifications, Knowledge, Experience

• Bachelors Degree in Finance, Economics, Commerce, Statistics or a related discipline;
• Professional qualifications in Finance/Investments/Risk i.e. a qualified or in the process of attaining the qualifications;
• Working experience of at least 3 years in financial markets, corporate finance, investment banking or stock broking;
• Excellent financial modeling skills;
• The aptitude to investigate and assess technical risks and to retain large amounts of technical knowledge;
• Excellent communications skills both oral and written.

Legal and Compliance Assistant

Reporting to the Legal and Compliance Manager, the jobholder will provide administrative support to AU members of the Legal Department in handling the Administrative and Clerical tasks that accrue to the department.

Key Responsibilities:

• Dealing with the various correspondence that come to the department under guidance of the Advocates;
• Overseeing and enforcing the safe management procedures and in particular, ensuring up to date records of documents in the safe are maintained;
• Preparing monthly status reports on the litigation matters;
• Efficient record keeping by maintaining an appropriate bring up system, legal library sourcing for Kenya Gazettes and updating the statutes annually;
• Attending to various legal tasks at government registries;
• Filing and general office assistance;
• Perform any other duties as required.

Qualifications, Knowledge, Experience

• A Diploma in Law;
• At least three (3) years experience in a busy law firm;
• A team player willing to work with minimum supervision;
• Excellent communication and interpersonal skills;
• Ability to plan, prioritize and organize;
• High integrity;
• Demonstrated interactions with the Lands, Company’s and any other Governmental Registry

An attractive remuneration package will be offered to successful candidates. In-house training and a professional office environment will also be offered.

If this position is of interest to you, please email your detailed curriculum vitae and covering letter explaining how you would meet the demands of this challenging and exciting position giving full names and contacts of 3 referees to hr@british-american.co.ke.

Hard copies will not be accepted.

Applications should be received not later than 30th April 2012.

Only shortlisted candidates will be contacted.

Xplico Insurance Co. - Risk Manager and Finance Manager Jobs in Nairobi

Risk Manager


A medium sized general insurance company with its Headquarters in Nairobi requires a Risk Manager.


The overall responsibility will be to identify, assess, analyze and prioritize all risks that the company may be exposed to and co-ordinate all activities to minimize, monitor, avoid, transfer and control risks.


Minimum Requirements


    A graduate with a business degree from a recognized university.
    At least five years’ experience in Risk Management in the insurance and / or banking industry or any other related industry.
    Professional qualifications in accounting and insurance- CPA (K) and or ACII would be desirable.
    Knowledge of actuarial science will be an added advantage.


Finance Manager


Key Responsibilities:


    Receive periodic reports from the Branch Managers as prepared by Branch Officers
    Ensure disbursement of resources are efficient
    Prepare budgets in correspondence with the Branch Managers
    To invest company funds with a view to comply with the various sections of the insurance and to ensure maximum returns
    Deal with capital markets
    To prepare both financial and management accounts


Qualifications:


    Bachelors of Commerce Degree
    CPA (K)
    5 years relevant experience
    Understanding of Financial positions as per Government regulations and Insurance Act
    Accuracy in reporting
    Attention to detail
    Proficiency in IT and Financial Management Software


Interested candidates with the required qualifications to send their Applications together with detailed curriculum vitae by mail to:


The Human Resources Manager
Xplico Insurance Company Limited
P.O. Box 38106-00623,
Nairobi

British American Manager - Information Security & Compliance, Risk & Compliance Manager and Investor Relationship Manager Jobs in Kenya

British - American is a leading financial services Group in the country offering a wide range of Insurance and Asset management services to individuals, small businesses, corporations and government entities.

British - American is a Global financial services company with offices in London, Mauritius, Malta, Uganda and Kenya.

The Group has a long-heritage, providing financial services since 1920. Companies within the group have been successful in providing investment products & services and are market leaders in their respective jurisdiction.

As part of our growth strategy and to strengthen the team to achieve ambitious performance objectives, the Company wishes to recruit an experienced and innovative individual to fill the following positions.

1. Manager Information Security and Compliance

Ref: BAG/ISC/2012

Job Purpose Summary

Reporting to the Chief Information Officer, the incumbent will be responsible for overseeing the operations of the enterprise’s security solutions through management of the organization’s security analysts and establishing an enterprise security stance through policy, architecture and training processes.

He/she will also be responsible for the design, implementation and management of information security policies, standards and procedures.

Key Responsibilities

• Create and maintain the enterprise’s security architecture design.
• Create and maintain the enterprise’s Business Continuity Plan and Disaster Recovery Plan
• Spearhead a compliance program to achieve legal obligations and business goals by prioritizing initiatives
• Assessing the evaluation, deployment, and management of current and future technologies.
• Audit existing compliance practices across the organization; isolate potential risks or liabilities and develop mitigation plans.
• Develop and communicate policies, procedures, and plans to executive team, staff, partners, customers, and stakeholders regarding Information security
• Ensure the confidentiality, integrity and availability of the data residing on or transmitted to/from/through enterprise workstations, servers and other systems and in databases and other data repositories.

Qualification, Skills and Experience

• Degree in Computer Science/Electrical Eng/Technology Management
• Knowledge in software, Hardware, Systems Administration, Network Technology
• Professional Information Security qualifications: CISSP/CISM/CISA
• Minimum of 5 years Information Security & Compliance experience in a large IT environment

2. Risk & Compliance Manager

Ref: BAG/RC/2012

Job Purpose Summary:

Reporting to the Group Finance Director (GFD), the position holder will take strategic management responsibility in facilitating the execution of the Risk Management processes and infrastructure as a key enabler to achieving the business objectives of the Group.

Further, the Risk Manager will be responsible for reviewing new processes and new products with the intention of ensuring that the accompanying risks are within the established ERM Framework and that business owners understand their contribution to the overall risk appetite of the Group.

Key Responsibilities

• Planning, designing and implementing an overall risk management process for the Group;
• Risk assessment, which involves analyzing risks as well as identifying, describing and estimating the risks affecting the business;
• Development of a comprehensive risk register which should be regularly updated
• Establishing the Enterprise Risk Management (ERM) framework to guide the evaluation of each risk for its vulnerability and impact to the Group Risk reporting in an appropriate way for different audiences.
• The jobholder will ensure that there is an effective method for the monitoring and reporting of the status of all corporate risks to the Board Risk and Compliance Committee and the Board.
• Conducting audits of policy and compliance to standards, including liaison with internal and external auditors;

Qualifications, Knowledge, Experience

• A numerate degree preferably in Actuarial Science, Risk Management, MBA, Economics or equivalent and 5-7 years of business experience
• A sound understanding of ERM principles and philosophy as they relate to insurance business
• Excellent communication skills
• Excellent Report Writing skills
• Very strong analytical skills

3. Investor Relationship Manager

Ref: BAG/IR/2012

Job Purpose Summary:

Reporting to the Group Finance Director (GFD), the position holder will take strategic management responsibility for integrating the finance, communication and marketing functions to enable the most effective communication between the Company, its investors, the financial community and other stakeholders.

Key Responsibilities

• Promoting the investors view of the company, analyzing and clearly presenting information about a company and its financial and non financial performance to potential shareholders.
• Help drive earnings reporting including logistics calls, creation of press releases, slides, scripts, Q&A, financial and operational schedules and follow-up calls with analysts and investors.
• Be responsible for services such as analyst meetings, investor meetings! calls and annual report development
• Provide support to the GFD on strategic, financial, competitive, and market study analyses including provision of regular competitive peer benchmarking by tracking and reporting comparative financial and operational metrics and highlighting relevant operational or market changes.
• Develop and nurture a program to identify and target L/T investors that align with management’s goal of achieving L/T profitable growth. Define and shape messaging with presentations, including determination, tracking, and promotion of relevant operational and financial metrics that demonstrate British-American’s strengths.
• Set and adhere to policies that comply with CMA regulatory disclosure rules, listing requirements, and other applicable regulations in as far as they are financial in nature.

Qualifications, Knowledge, Experience

• 5+ years of finance experience with 2+ years experience in managing investor relations.
• A business degree. An MBA will be an added advantage
• Very strong analytical skills
• Excellent communication skills
• Excellent Report Writing and Presentation skills

If this position is of interest to you, please email your detailed curriculum vitae and covering letter explaining how you would meet the demands of this challenging and exciting position giving full names and contacts of 3 referees to hr@british-american.co.ke.

Hard copies will not be accepted.

Applications should be received not later than 22nd February 2012

Kenya Re - Information Systems Auditor and Risk & Compliance Manager Jobs in Kenya

Vacant Positions Ref No: KRC/HR/02/01

Kenya Reinsurance Corporation Limited (Kenya Re), is a leading reinsurer in the region listed at the Nairobi Securities Exchange (NSE).

It is ISO 9001: 2008 Certified and is rated B+ by A.M Best and AA by the Global Credit Rating Company (GCR).

Kenya Re now seeks to recruit and fill the following positions:-

Information Systems Auditor

The Position

The selected candidate will report to the Manager Internal Audit.

The holder of this position will undertake reviews of the Company’s ICT infrastructure and provide assurance to management on the adequacy of the system controls.

Key Responsibilities

The main duties will include but will not be limited to:-

• Conducting regular risk assessments in the Corporation’s Information System and recommending control measures to mitigate them.
• Contributing to the development of the annual Information Systems audit plan.
• Execute Information Systems Audit Reviews based on annual Information Systems audit plan.
• Providing support to other assurance processes to ensure the overall system audit opinion is incorporate the risks identified in the underlying information systems and the entire Corporation.
• Monitor the implementation and operation of defined controls and recommendations on an ongoing basis.
• Ensuring that financial and operational audit programmes include sufficient and relevant information systems audit tests.
• Ensure that the Corporation’s automated systems and information technology are in compliance with Corporation’s policies and procedure requirements.

The Persons

Applicants should possess:

• A degree in Information Systems preferably BSC in Computer Science from a recognized University or a business related degree.
• Professional Qualification in Certified Information Systems Audit (CISA)
• 2-3 years progressive experience in Information Systems audit within an internal audit function or external audit work experience specializing in Information Systems audit from a reputable audit firm.
• Understanding of information systems controls and techniques for evaluating such controls in the concept of risk and risk assessment.
• Understanding of diverse information systems environment and architecture, software, computer operations and systems lifecycle.
• Knowledge of information systems governance and security principles and practices.

Essential Skills

• Excellent in written and verbal communication, numerical, analytical and report writing skills.
• Ability to apply professional and other skills acquired in an Enterprise Resource Planning environment will be an added advantage.
• Must be proactive and innovative keeping abreast with technological advancements.
• Must have ability to work independently with minimum supervision.
• Must be a team player with good interpersonal skills.

Risk and Compliance Manager

The Position

The selected candidate will report to the Managing Director.

The holder of the position will manage the Corporation’s Risk and Compliance Programs.

He or she will ensure that the Board of Directors, senior management and employees are in compliance with rules and regulations of regulatory agencies and that the Corporation’s policies
and procedures are being followed.

In addition the holder of the position will ensure that risks are properly managed across the Corporation in line with enterprise risk management frameworks and charters.

Key Responsibilities

The main duties will include but will not be limited to:-

• Reviewing and recommending policies, processes and framework for managing enterprise-wide risks to promote a risk management culture through reporting and other internal communications.
• Providing oversight and support to Business functions and management to ensure that risks are properly managed across the Corporation,
• Assisting with implementation of procedures for proactive review of risks for projects, transactions and new products, to assess the impact of daily business decisions on the overall risk profile and subsequent monitoring of the procedures.
• Reviewing deviations from the Enterprise Risk Management Framework or other Risk Management procedures and reporting as appropriate.
• Analyzing key risks and supporting management to deliver adequate mitigating controls and actions.
• Driving the process development and execution of all activities required to continuously improve the Corporation’s compliance processes and lower potential risks.
• Managing the compliance aspects of the business to provide an effective second line of defense for compliance with legal and regulatory requirements.

The Person:

Applicants should possess:-

• A University degree in Economics, Finance, Legal, Business Administration or any other relevant discipline.
• Certified Public Accountant CPA (K) or Associate Certified Chartered Accountant (ACCA),
• Information Systems Security Professional Qualifications CISA or CISM will be an added advantage,
• Possession of reinsurance /insurance professional qualifications and familiarity with current regulatory themes including Solvency II would will be an advantage,
• Six years relevant working experience two of which should be at management level within compliance, risk or audit fields with proven people management skills and experience

Essential Skills

• Must be self-driven, mature and possess integrity,
• A team player with good interpersonal skills
• Proven ability to work under pressure with accuracy and focus

Kenya Re is an equal opportunity employer and does not discriminate on the grounds of gender, colour, race, religion, natural origin, age or physical disability. An appropriate remuneration package will be offered to the successful candidate.

Closing Date: 24th February 2012

Applicants should post or email as attachments their CV and cover letter quoting the relevant reference number and outlining how they meet requirements for the position to:-

The Human Resource and Administration Manager
Kenya Reinsurance Corporation Limited
P. O Box 30271, 00100 GPO, Nairobi
E-mail: hr@kenyare.co.ke

Catering & Tourism Development Levy Trustees (CTDLT) - Finance Manager, Procurement Officer, ICT Technical Officer and Risk Management Officer Jobs in Kenya

Catering & Tourism Development Levy Trustees (CTDLT), a State Corporation established under the Hotels & Restaurants Act Cap 494, Laws of Kenya and with the core mandates of Collecting, controlling and administering the Training and Tourism Development Levy Fund and Establishing and Developing National Standards for Testing skills required in the Tourism industry, is seeking highly qualified, motivated, self driven and result oriented individuals for the following positions:

1. Finance Manager

Job Group 3

Key responsibilities

Reporting to the Chief Executive Officer, the role of the Finance Manger will be to:

• Develop and implement prudent management and investment plans and mechanisms in the Finance department to minimize financial risks in line with the government guidelines
• Coordinate and implement the overall function of managing Organizational funds, while upholding good financial practices based on International standards
• Prepare reports to the Chief Executive Officer on all financial matters to cover, receipts, payments and banking
• Align the operations of the department with appropriate technological operations
• Implementation of financial policies decisions of the Board of Trustees to ensure proper administration of budgetary controls, accountability of financial rules and regulations
• Managing the accounting and monitoring procedures for the Organization finances to ensure accounts to remain unqualified.
• Prepare budget performance reports
• Update the Board regarding changes in legislation or regulations that may affect the Organization business operations and ensure that all statutory legal financial obligations are met on time
• Supervise and train all staff of Accounts from time to time
• Any others duties as may be delegated by the Chief Executive Officer.

Education and experience minimum requirements:

• University degree in Financial Management related fields
• Post graduate qualification is desirable
• Eight years experience in a busy finance department in a senior position with clear track record of performance in a similar position.
• Professional accounting qualification CPA (K) ACCA CA
• Member of the Institute of Certified Public Accountants Kenya (ICPAK)
• Sound Analytical and IT skills
• Excellent communication and interpersonal skills
• Competent in basic Computer packages MS Office suite and relevant finance related packages
• Minimum age thirty five years

2. Procurement Officer

Job Group 5

Key responsibilities

Reporting to the Procurement Manager, the procurement officer’s role will be to:

• Assist the Procurement Manager in preparation and implementation of Organizational Procurement Plans.
• Ensure adherence to Procurement regulations
• Facilitate in collaboration with other departments timely procurement of goods and services
• Ensure appropriate maintenance of re-order levels of goods
• Update records of new assets acquired for purposes of insurance
• Prepare and carry out Board of survey as when required
• Carry out price comparisons and ensure purchase of goods and services as per specifications in line with the Public Procurement regulations
• Ensure adherence to procedures of QMS
• Secretary to the Procurement Committee
• All other duties as may be assigned by Management
• Follow through on all the procedures – sourcing quotation, summary bid analysis
• Maintain close communication with the vendor as to the delivery schedule.

Education and experience minimum Requirements

• Bachelor’s Degree in Business related studies with a professional certificate in supplies management from a recognized University/institution or relevant qualifications.
• Minimum of 5 years experience in a comparable and relevant position.
• Should be proficient in computer use and its application in the relevant area.
• Excellent communication and interpersonal skills.
• Competent in basic Computer packages MS Office suite and relevant finance related packages

3. Risk Management Officer

Job Group 5

Key responsibilities

Reporting to the Finance Manger, Risk Management Officer’s role will be:

• To ensure continuous and effective identification of risks and provision of prudent up to date mitigations.
• Implement and monitor the Organizational Risk Management Policy.
• Assist the Board and Senior Management to establish and communicate the Organization’s Enterprise Risk Management (ERM) objectives and direction.
• Assist Management with integrating Risk Management with the strategy development process.
• Assists the CEO and the Executive Committee to develop and communicate Risk Management Policies, risk appetite and risk limits.
• Assists in developing risk mitigation strategies for the Organization’s critical risks and for monitoring these risks.
• Establishes, communicates and facilitates the use of appropriate ERM methodologies, tools and techniques.
• Works with all departments to establish, maintain and continuously improve risk management capabilities.
• Facilitates enterprise-wide risk assessments and monitors priority risks across the organization.
• Implements appropriate risk reporting to the Chief Executive Officer, Executive, Management and Board of Trustees.
• Ensures effective alignment between the ERM process and internal audit and risk financing.
• Conducts risk management education and training from time to time.
• Assists the Executive Management with capital and resource allocation decisions on matters related to risk.
• Provide an independent view regarding proposed business plans and transactions.
• Broad understanding of all key areas of the organization.
• Have a strong presence and can interact effectively with the Board, CEO and senior management.
• Secretary of the Risk Management Committee
• Competent in basic Computer packages MS Office suite and relevant packages for the tasks

Education and experience minimum requirements

• University degree in Business related field relevant field
• Five years experience in conducting risk assessment in the public or private sector
• Membership of relevant professional body
• Sound Knowledge of relevant legislations and Organizational legal requirement and frameworks
• Sound Knowledge of Basic computer packages MS Office suite
• Excellent communication and presentation skills Competent in basic Computer packages MS Office suite and relevant finance related packages

4. ICT Technical Services Officer

Job Group 5

Key responsibilities

Reporting to ICT Manager the ICT officer’s role will be to ensure continuous and effective provision of up to date ICT services in the Organization, and carry out troubleshooting in the related areas.

• Assist the ICT Manager to maintain and update the Management Information System (MIS) for the collection, analysis and dissemination of data within CTDLT.
• Assist the ICT Manger to ensure continuous upgrade and setup of supporting network infrastructure.
• Ensure secure, continuous uninterrupted availability and functionality of Corporation’s computer systems.
• Ensure enhancement of new technology as per the trends which are cost effective and value adding to the company.
• Review systems infrastructure, implementation and integration.
• Provide continuous training to staff on ICT system equipment use and user of applications on need basis.
• Maintain and continuously account to the HOD –ICT on the delivery of set departmental targets and provide regular ICT monthly, quarterly and annual reports.
• Perform any other duties as may be assigned by Management including appointments in various committees.

Education and experience minimum requirements

• A holder of BSc in Computer Science/Information Technology from a recognized University
• Certification in MCSE, CCNA.
• Knowledge of Linux, Windows 2003/2008 Server and IBM Informix Operating Systems.
• Hands-on experience in one of the mainstream ERP’s will be a distinct advantage.
• Support integration of mobile, email, web and other electronic resources into a Document Management ICT system for information gathering, processing, archiving and dissemination
• Experience with backup and recovery of Data / System Files
• Experience in Configuration, Management, and Troubleshooting of LAN /WAN Network devices (Routers, Switches, and Firewalls etc.)
• Configure and monitor the performance of specific applications to ensure they operate to agreed performance levels
• Performing on-site and remote technical support
• Should be willing to work for extended hours.

Prospective Candidates who meet the requirements are asked to submit applications with detailed Curriculum Vitae with three referees, copies of relevant certificates, testimonials, cover letter and day contact telephone number to: -

The Chief Executive Officer,
Catering & Tourism Development Levy Trustees,
NHIF Building Parking Tower 5th Floor,
P.O. Box 46987 – 00100 GPO,
Nairobi.

Email: info@ctdlt.co.ke

To reach the office not later than 5.00 pm. Monday 30th January 2012.

Only shortlisted candidates will be contacted.

Any form of canvassing will lead to automatic disqualification

CTDLT is an equal opportunity employer