• Co-develop and maintain a risk management strategy for the group
• Carry out comprehensive risk assessments across the business & functional areas in line with the risk management framework.
• Co-develop and implement systems, policies and procedures for the identification, collection and analysis of risk related information.
• Evaluate the adequacy and effectiveness of controls established by management to ensure that identified risks are appropriately mitigated at both departmental and process levels.
• Maintain the risk registers and assist management in tracking progress on the implementation of risk mitigation action plans.
• Continuously liaise with the various departments to identify, quantify, mitigate and monitor operational and financial risk across the region.
• Co-develop and implement risk response strategies to ensure that risks are addressed accordingly
• Monitor risk and communicate information to the relevant stakeholders to ensure the continued effectiveness of the enterprise’s risk management strategy.
• Review new and on-going products to ensure that they are carried out only after a comprehensive risk assessment is done
• Facilitate awareness and training programs on risk management, controls, and compliance activities.
• Carry out portfolio stress tests.
• Provide reports on a monthly and quarterly basis, and as directed or requested.

Compliance

• Coordinating the Anti–Money Laundering, Data Protection, and other regulatory activities
• Implement and maintain effective internal controls to prevent and detect potential compliance violations within insurance operations
• Ensures that applicable regulations are complied with by the business units through day-to-day monitoring and regular review of compliance to legislation, regulations and internal policies and controls.
• Ensures that Compliance risks are identified, assessed, controlled, and enforced through the organization.
• Identification and reporting of suspicious transactions.
• Stay updated on industry regulations, compliance requirements, and best practices.
• Review the business continuity programme within the company and ensure that regular tests are conducted and the policies and frameworks are regularly updated.
• Identifying areas of weakness with regards to business continuity and recommend remedial measures in consultation with all the relevant stakeholders.

Education/Qualifications:

• Bachelor’s degree in Business, Finance, Actuarial, IT, Law or any other related course.
• Risk Certification or Equivalent Professional qualification.
• Member of a relevant professional body will be an added advantage.

Work Experience:

• 3-5 years’ experience within risk management or compliance space
• In-depth knowledge of the financial services industry.
• Proven track record of successfully implementing strategic initiatives and driving process improvements.

Skills & Competencies

• Strong analytical and organizational skills.
• Personal attributes: integrity, dependable, initiative-taking, results-oriented, creative, and strong interpersonal skills.
• Ability to operationalize strategy into action for the function.
• Effective communication skills, both verbal & written.
• Proactive approach to staying updated on regulatory developments.
• Knowledge in automation in risk management
• Data analytics

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Suitably qualified and experienced individuals are invited to submit their application and detailed resume, clearly indicating their current and expected salary, to careers@gakenya.com by Monday, 14th July 2025.