Risk and Compliance Manager

at National Government Constituencies Development Fund (NG-CDF)
Location Nairobi, Kenya
Date Posted February 24, 2023
Category Accounting
Administration
Job Type Full-time
Currency KES

Description

The National Government Constituencies Development Fund (NG-CDF) formerly Constituencies Development Fund (CDF), is a fund established in 2003 through an Act of Parliament, the CDF Act 2003. The Act was later reviewed by the CDF (Amendment) Act 2007, and repealed by CDF Act, 2013 which was subsequently succeeded by the current NG-CDF (Amendment) Act 2016 . The Fund is domiciled within the ministry in charge of national economic policy and planning, currently the Ministry of Devolution and Planning. The main purpose of the Fund is to enhance infrastructural and socio-economic development at the grass root level in order to reduce poverty by dedicating a minimum of two and half per cent (2.5%) of all National Government’s share of annual revenue towards community projects identified at constituency level by the communities. Who manages the Fund? The Fund is managed by the National Government Constituencies Development Fund Board, which is a body corporate with perpetual succession and common seal. The Board operates at national level, and comprises of the Board of Directors and a Secretariat.

ADVERT NO. NG-CDFB/010/2022: MANAGER, RISK AND COMPLIANCE – NG-CDF SCALE 3 

Requirement for Appointment 

For appointment to this position, a candidate MUST have: 

  1. Bachelor’s Degree in any of the following disciplines: Actuarial Science, Commerce (Insurance), Risk management, Disaster Risk Management

OR

Bachelor’s degree in the following disciplines with a certificate or diploma in Risk Management: – Commerce (Accounting), Commerce (Finance), Business Administration (Accounting option), Economics, or equivalent qualification from a recognized institution;

  1. Master’s degree in any of the following disciplines: – Actuarial Science, Risk Management, Disaster Risk Management, Business Administration (Finance), Business Administration (Accounting), Science in Finance, or equivalent qualification from a recognized institution;
  2. At least Ten (10) years’ work experience, four (4) of which should be at supervisory/management level in a relevant field;
  3. Certificate in Risk Management or its equivalent, Certified Public Accountant (CPA) and/or CIA, CISA, CFE, CRMA, or equivalent qualification from a recognized institution;
  4. Certificate in a leadership course lasting not less than four (4) weeks from a recognized institution;
  5. Membership certificate to the Institute of Risk Management or a relevant recognized professional association;
  6. Demonstrated professional competence and managerial capability as reflected in work performance and results;
  7. Proficiency in computer applications;
  8. Satisfy the requirements of Chapter 6 of the Constitution of Kenya.

Duties and Responsibilities 

The Manager, Risk and Compliance will report to the Chief Executive Officer through the Chief Manager, Corporate Planning and Strategy and will be responsible for the following:

  1. Coordinate and provide leadership in the development and implementation of risk management strategies, policies and procedures to achieve the organisation’s strategic objectives;
  2. Coordinate and ensure the implementation of the approved risk management framework/policy in the entire organisation;
  3. Work with risk owners in identifying key legislative and regulatory requirements, key controls for their departments and ensure implementation of a framework to monitor compliance to these requirements and controls;
  4. Develop accountability structures and monitor the performance indicators for the Risk Management Department to meet its objectives;
  5. Review of the risk management framework as per the approved strategy and work programmes;
  6. Develop and regularly review various risk management policies to guide the Board on risk management.
  7. Develop and retain talent including completing performance appraisals, personal development and succession plans effectively and on time in accordance with the established performance management systems;
  8. Develop staff training programmes that build operational risk awareness within the organisation for staff development;
  9. Explore and implement appropriate technology to improve the efficiency and effectiveness of the audit and risk management department; and
  10. Any other duty as may be assigned by the supervisor.

Applying Instructions

Submit your CV and Application on Company Website : Click Here

Applications should be addressed to: –

The Chief Executive Officer
National Government Constituencies Development Fund Board
Harambee Cooperative Plaza, 5th Floor (Junction of Haile Selassie Avenue & Uhuru Highway)
P.O. Box 46682-00100

 

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