Risk and Compliance Officer at Caritas MFB

To ensure that the Bank’s overall risk & compliance framework specifically under internal processes and procedures, regulatory, statutory, KYC & AML guidelines is acceptable and there is full compliance to the same within the bank. To carry out risk assessments and advice on areas of improvement.

KEY RESPONSIBILITIES

• Identify and assess the compliance risks associated with the bank’s current and
• proposed future business activities, including new products, new business
• relationships and any extension of operations or network on an international level
• Conduct Risk assessments and develop Key risk indicators for monitoring and reporting
• Maintain and update the bank Risk registers
• Stress testing of the various key risks facing the bank
• Conduct internal AML and KYC trainings as provided by CBK prudential guidelines.
• Carry out compliance review and Snap checks on compliance with banks internal procedures and policies
• Monitor implementation of Audit recommendation
• Review transactions to ensure that high Value transactions are identified and appropriately reported to the regulator
• Prepare and file the monthly, quarterly compliance reports.
• To perform any other duty as assigned in line with the organization goals and objective

QUALIFICATION AND EXPERIENCE REQUIREMENTS

• University degree in Accounting, Commerce, Economics or Business Management/Administration or related business degree
• Certified Chartered Accountant/ Certified Public Accountant.
• Current member of Institute of Certified Public Accountants of Kenya (ICPAK) with a valid membership Certificate
• 3 years’ experience in banking