Senior Risk & Compliance Officer

Department: Risk & Compliance
Reports To: Group Head of Risk & Compliance
Supervision: None
Employment Type: Permanent
Location: Nairobi - Head Office

Purpose:
This role is responsible for designing, implementing, assessing, monitoring, and integrating Risk Management and Compliance processes, including AML, within all entities across the Group. The role ensures compliance by all entities and staff to the adopted code of conduct and takes appropriate measures to ensure the group complies with all applicable laws, regulations, supervisory decisions, internal policies, and conducts its business ethically and responsibly. The role also serves as the Group Anti-Money Laundering Officer, ensuring compliance with AML/CFT laws and regulations.

Key Primary Responsibilities:

Risk:

• In conjunction with management, facilitate the identification and assessment of risks in line with the Group’s Enterprise Risk Management framework, updating outcomes in the risk registers.

• Monitor risks and prepare reports for management and risk committees.

• Follow-up on action plans addressing risk exposures and report progress.

• Conduct risk analysis and quantification of financial risks through sensitivity analyses and stress testing.

• Implement risk and compliance policies and procedures.

• Stay abreast of applicable laws, regulations, and standards in the risk & compliance fraternity and advise on emerging developments.

• Scan environmental risks and identify new threats and opportunities.

• Create awareness on risk management to foster a risk-conscious culture.

• Coordinate Business Continuity Planning (BCP) and mitigate business continuity risks.

Compliance:

• Implement the annual compliance program incorporating legal, regulatory, and internal policies for all entities in the group.

• Ensure compliance with applicable legislation through day-to-day monitoring and regular reviews.

• Maintain correspondence with regulators on regulatory and supervisory issues.

• Implement an ethics program and report on compliance status.

Anti-Money Laundering:

• Implement a robust Anti-Money Laundering and Counter-Terrorist Financing Program.

• Inform and advise Apollo Group employees and third parties about their obligations under the POCAMLA Act.

• Monitor compliance with AML policies, raise awareness, and provide ongoing staff training.

• Serve as the contact point for regulators and the Board regarding AML/CFT activities.

• Provide advice on AML/CFT Compliance Risk Assessments and monitor performance.

Other Responsibilities:

• Provide Risk and Compliance training to Management and Staff at Apollo Group.

Person Specifications:

Academic Qualifications:

• Bachelor’s degree in Finance/Business/IT/Risk Management or an equivalent field.

Professional Qualifications:

• CPA (K), CISA, CIA, or QMS Lead Auditor.

• Risk Management qualification.

• Compliance qualifications.

• AML Certifications are an added advantage.

Experience:

• At least 2-4 years in a risk management environment within a large organization, preferably in financial services.

Skills and Attributes:

• Proven exposure to Risk Management and understanding of its principles.

• Understanding of the Regulatory environment within financial services and insurance companies, including AML laws.

• Proven exposure to Internal Control Systems.

• Excellent report writing, presentation, and communication skills.

• IT proficiency, including statistical analysis, MS Excel, and other analytical tools.

• Continuous Process Improvement understanding.

• Strong analytical thinking and problem-solving skills with attention to detail.

• Team player with good people skills.

• Understanding of Quality Management Systems is an added advantage.

Application Process:
Strong preference will be given to candidates with the above qualifications, skills, and experience. If your career aspirations match this exciting opportunity, please apply at Apollo Asset Management Job Application on or before 17th December 2024. As part of the application process, you will be directed to our online portal to create an account and submit your application. Only shortlisted candidates will be contacted. APA Apollo Group is an equal-opportunity Employer.

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