Risk and Compliance Manager at Rose Avenue Group

The Risk and Compliance Manager role is an in-country position at management level and will be responsible for the risk and compliance management processes and infrastructure as a key enabler to achieve the business’ strategic objectives.

S/he will also advise Senior Management, the Audit and Risk Committee (“ARC”) and the Board on appropriate risk and compliance management strategies and will be accountable for the implementation of the risk and compliance management frameworks.

Responsibilities for the Risk and Compliance Manager Job

• Develop and maintain an appropriate Risk Management and Compliance Frameworks. Consequently, also quantify the risk appetite in terms of the Enterprise Risk Management Framework (ERMF) as set by the Kenya Board.
• Develop and review Policies, procedures and processes continuously to ensure that they comply with the Risk and Compliance Management Frameworks.
• Develop an effective risk and compliance management reporting system.
• Continuously track and report on financial performance metrics against regulatory and performance or compliance requirements and make relevant recommendations.
• Ensure that Kenya’s strategic plans provide due consideration to the relevant factors based on the risk and compliance management framework.

Operational KPI’s

• Assist with the communication and implementation of the ERMF.
• Implement and monitor Risk Management Policies, Procedures and Processes.
• Test the effectiveness of the controls and adjust accordingly.
• Monitor all risk categories within Kenyan market
• Ensure the establishment of an appropriate risk reporting system and that all risk reports are concise, accurate and timely, highlighting ratios and trends that may signal existing or potential problems.
• Implement an appropriate process for the timely reporting of risks to the Group Executive: Legal, Risk and
• Compliance, Kenyan Managing Director, Management Committee, ARC and Board.
• Assess and approve all policies, procedures, practices, risk documents, risk management plans, disaster recovery plans, etc. prior to implementation.
• Ensure that all agreements, security documents, contracts, service level agreements and other risk documents comply with legislation, regulations and other points of reference in terms of the ERMF before signing.
• Perform business, financial and operational risk analysis that might impact top and bottom line results.