Department: Enterprise Risk & Compliance
Reports To: Group Head Of Risk & Compliance

Working with the relevant Business Heads, ensure establishment of a business and operational compliance structure in line with best practice and regulators guidelines.
The job involves enterprise-wide coordination of identification and management of all compliance risks and will include propagating, monitoring and reporting on compliance with laws, regulations and internal policies, standards, guidelines and procedures.

Responsbilities

• Quality of the group policies and related policy standards and guidelines (10%)
• Staff awareness of regulatory requirements, policies and guidelines (10%)
• Compliance levels against established standards or benchmarks across the group (50%)
• Quality of reporting on compliance and disposal of issues. (10%)
• Quality of leadership experienced throughout the bank and group with regard to propagating and championing on regulatory and internal policies regular update and compliance. (10%)
• Adequacy of personal competence through continuous professional and technical education to effectively perform compliance tasks. (10%)

Competencies

• Leadership to nurture and sustain bank employees’ and other stakeholders’ commitment to high compliance levels and to manage required changes.
• Performance Management to optimize own and the unit’s productivity
• Technical skills to effectively perform and/or guide performance of compliance risk management and related activities/tasks in a manner that consistently achieves high quality standards or benchmarks.
• Interpersonal skills to effectively communicate with and manage customer expectations (internal and external), and other stakeholders who impact performance.
• Knowledge and experience in modern compliance risk management practices to initiate and implement tactical changes to support business performance.
• Knowledge and effective application of all relevant laws and regulations and bank policies, guidelines, processes and procedures and to consistently achieve required compliance standards or benchmarks.
• Self-empowerment to enable development of open communication, teamwork and trust needed to support performance and superior customer experience oriented culture.

Qualifications

• At least an undergraduate degree or its equivalent in Finance, Banking, Economics, Business Administration or law.
• Preferably a minimum of 5 years of relevant professional experience in banking/financial services industry, including at least 3 years in Compliance Risk Management related areas.
• Knowledge of regulatory compliance framework including related policies.
• Exposure to matters of Compliance Strategy and related Policy formulation.
• Good knowledge of the best industry practice and ability to adapt these practices to CBA environment.
• Good team player, with excellent communication and interpersonal skills.
• Competence in the use of standard software such as Word, Excel, Access and PowerPoint and proficiency in the use of spread sheets.

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Department: Enterprise Risk & Compliance
Reports To: Financial Risk Manager

The role will support coordination and implementation of the Group’s market, liquidity and country risk management policies and processes.
The role will be required to support the identification and evaluation of market, liquidity and country risks.

Responsibilities

• Quality of the group policies and related policy standards and guidelines (10%)
• Staff awareness of regulatory requirements, policies and guidelines.(10%)
• Compliance levels against established standards or benchmarks across the group. (50%)
• Quality of reporting on compliance and disposal of issues. (10%)
• Quality of leadership experienced throughout the bank and group with regard to propagating and championing on regulatory and internal policies regular update and compliance. (10%)
• Adequacy of personal competence through continuous professional and technical education to effectively perform compliance tasks.(10%)

Competencies

• Leadership to nurture and sustain employee satisfaction, and to manage changes.
• Performance Management to optimize own and team's productivity
• Organization development to effectively structure the team for optimal performance
• Strong  financial  analytical  skills to  effectively  perform  and/or  guide  performance  of financial risk management activities/tasks in a manner that consistently achieves high quality standards or benchmarks.
• Interpersonal skills  to  effectively  communicate  with  and  manage  customer  expectations (internal and external), and other stakeholders who impact performance.
• Knowledge and experience in regulatory banking risk management guidelines and modern financial risk management practices and ability to initiate and implement tactical changes to support business performance.
• Knowledge and effective application of all relevant banking policies, processes, procedures and guidelines to consistently achieve required compliance standards or benchmarks.
• A thorough knowledge of Treasury products, and possess an extensive banking industry knowledge.
• Self-empowerment to enable development of open communication, teamwork and trust that are needed to support performance and customer-service oriented culture.

Qualifications

• At least an undergraduate degree or its equivalent in Mathematics, Finance, Banking, Economics, Business Administration (with a major in Finance) or similar quantitative disciplines.
• CPA (K)/ACCA qualification a must
• ACI Certification desirable.
• Post graduate qualifications such as CFA and MBA will be an added advantage.
• Exposure to Treasury Front Office/Back Office and General Ledger reporting systems
• Preferably a minimum of 6 years of relevant professional experience in banking and/or finance, including at least 3 years in Financial Markets/Product Control related areas.
• Experience with MS office and Treasury trading systems.

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Responsibilities

• Growing the society’s revenue based through-Insurance brokerage fee and commissions among others
• Implementing strategies, policies and standards relating to insurance function in line with the Society objectives
• Promoting the function’s responsibilities focusing on developing Society plans objectives, strategies, policies, norms and procedures
• Administering Insurance policies including monitoring of claims and recoveries
• Providing advice on Insurance matters as required
• Keeping the Society abreast on emerging issues in the Insurance field
• Negotiating Insurance disputes with customers and other parties with a view of settling them out of court.
• Creating insurance awareness among the society’s clients.
• Facilitating settlements of Insurance claims through Insurance brokers
• Participating in the procurement of insurance service for the Society

Requirements

• Diploma  in  insurance from college of Insurance
• Bachelor degree in insurance or related courses from recognized institution will be an added advantage.
• Registered with the Chartered Institute of Insurance
• 2 years of professional experience in insurance underwriting and claims
• Between 28-40 years.

Knowledge And Skill

• Sound knowledge of the
• Insurance products and service and IRA regulations.
• Ability to build relationships, innovative, analytical thinking and customer orientation.
• Able to multitask and perform other roles in a financial institution.

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Reporting to the Head – Mortgage Finance, the Head Projects & Infrastructure Finance will co-ordinate and supervise the project process from the conceptual development stage through to final stage and ensure the project is completed on time and within budget and scope by offering the relevant technical and administrative support.

The Role
The successful jobholder will be expected to:

• Monitoring quality of product, information and coordination provided by the consultants including timeliness of inspections carried out by the consultants and contractors for compliance with their contractual responsibilities and with agreed schedules.
• Reviewing the consultants with a view to manage costs by tracking data to ensure that approved loan and bill of quantities are not exceeded.
• Recommending approvals / disapproval of variation within the established authority limits.
• Preparing regular progress reports for project sponsors on each project at agreed intervals, and whenever substantive actions are required.
• Ensure the project is delivered on time and on budget by setting benchmarks, and monitoring progress
• Undertake site checks to monitor progress, evaluate and help to determine appropriate construction delivery systems and to manage the risk associated in the most effective way.
• Oversees the performance of all trade contractors, direct the work of several subordinates, such as assistant managers or project assistant and quantity surveyors and take the responsibility to ensure that all work is completed on schedule.
• Maintain regular communication and attend meetings with clients and their representatives to inform them of progress on the project, i.e. stakeholder management, enforce recommended actions for disputes & claims and deal with matters arising from stakeholders.

Skills
The successful jobholder will be required to possess the following qualifications: -

• A Bachelor’s degree in Engineering or Built environment from a recognized university.
• Minimum 7 years of increasingly responsible experience, including experience successfully managing various projects in the industry.
• Finance and IT skills, including knowledge of relevant building methods and project management software to manage information and finances during the project.
• Excellent planning and time management skills to ensure that projects are completed within set timeframes.
• Qualification  as a Certified  project manager
• Exposure in or knowledge of  Mortgage Finance
• Ability to manage finances and budget, ensuring that equipment is available throughout the building project and that the project is completed within a financial budget.
• Strong interpersonal, communication and presentation skills with the ability to arrange meetings and ensure that all stakeholders are aware of the project’s progress.

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Grade: 10
Ref: HRA/IA/01/2018

Reporting to the Manager Internal Auditor, the job holder will be responsible for:

• Undertaking special audit investigations as may be required from time to time
• Facilitation of risk management exercises and ensures implementation of risk management frame work
• Interpretation of Authority’s policies for sound audit planning
• Coordinating responses to management letters from the external auditors in liaison with the Manager, Internal Audit
• Follow up on the implementation of Public Investment Committee (PIC) recommendations.

The successful candidate must:

• Have a Bachelor’s Degree and CPA Final/CIA Final
• Have at least Five (5) years’ experience in Internal Audit
• Be Proficient in Financial Audit Computerized packages.
• Be a member of a relevant professional body

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Reporting to the Senior Internal Auditor, the job holder will be responsible for:

• Post-audit of payment documents to confirm compliance with set internal controls
• Reviewing of internal control systems and reporting on any weakness
• Undertaking specific audit assignments and preparing detailed audit observation reports
• Checking on budgetary controls to ensure compliance with the set budget and work plans
• Checking on internal controls on levy collection to advice on deviation in approved levels
• Confirming that the Authority’s assets, plant and equipment, supplies, stores are appropriately recorded and the registers maintained
• Carrying out periodic risk reviews
• Implementing audit programs, analyze outcomes and prepare report on required changes

The successful candidate must:

• Have a Bachelor’s Degree.
• Possess a CPA II or its equivalent from a recognized Institution
• Have at least two (2) year’s work experience in internal audit
• Be Proficient in computerized Accounting/Audit packages.

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Reporting administratively and functionally to the Finance Manager, the Finance Officer will be responsible for the preparation of accurate financial transactions, monitoring budget vs actual and preparing various management reports for management on a monthly basis.

Responsibilities
Key responsibilities include but are not limited to:

Payments Processing

• Process payments and ensure that each payment/transaction is in compliance to CHS financial policies and procedures and to donor rules and regulations and that payments have been coded correctly posted into the General Ledger
• Ensure timely payment of statutory deductions and files tax returns with relevant authorities
• Payment of program advances to staff and follow up of the same to ensure that they are accounted for and subsequent updating in the accounting system
• Records all actual expenditures in CHS accounting system and ensures that reports produced from the accounting system reflect the true position as per the books
• Maintain an updated filing system for all financial documentation
• Facilitate transfer of funds to partners and ensure close monitoring of utilization of funds.
• Oversight responsibility of ensuring proper and secure filing of financial documents
• Has the responsibility of inputting payment data into the straight2bank payment system

 Asset Management

•  Ensuring that assets purchased are tagged with organization tags
•  Maintain an up to date asset register and ensures maintenance and insurance of all assets

VAT Exemption

• Identify financial transactions that require VAT exemption and facilitate typing of DA1 forms for the said transactions

Qualifications

• Bachelor of Commerce degree or Business Administration or its equivalent from a recognized University
• CPA (K) holder or its equivalent
• Minimum of five (5) years’ relevant work experience in an NGO
• Have demonstrated high understanding of finance and accounting matters
• Have rich experience in program and projects financial management

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Reporting to:Chief Finance Officer
Department:Finance

Role Purpose:
This position is responsible for setting, implementing and monitoring the company direction, policies, and procedures for risk management and compliance with regards to Applicable Financial Institution Laws and Regulations, Anti-Money Laundering (AML) Laws and Regulations, and Business Risk / Controls matrix management pertaining to MFS.

Responsibilities

• Contribute to the cost savings targets of the revenue assurance function/management accounting function
• Educate business units risk and AML
• Obtain buy-in for initiatives related Risk and AML
• Collaborate with technology to exchange knowledge about latest developments in Money laundering in the industry
• Compile monthly reports to inform business decisions
• Advise business on KYC, AML and associated MFS risks
• Analyse Internal MFS process to detect and mitigate weaknesses
• Conduct audits on on-boarding and movement of funds within the MFS systems and environments.
• Test and evaluate new process and changes to existing process to ensure that risk is correctly mitigated prior to implementation

Academic/ Professional Qualifications

• Bachelor’s Degree in Commerce or a related field from a recognized Institution.
• University Degree or equivalent qualification in Finance
• ICA Certificate in Anti Money Laundering, Accountant (CPA) K or Certified Information Systems Auditor (CISA) would be an added advantage.
• At least 3-5 years of experience in Compliance and Risk related activities, preferably in a Financial Institution in Kenya
• Experience in AML policies and procedures, and compliance with the laws and regulations in Kenya
• Experience of risk evaluation, internal controls implementation, compliance review processes and Fraud & RA
• Minimum of 4 years’ experience in a similar role

Professional Knowledge & Skills:

• Strong written and verbal communication skills
• Strong Relationship building and Interpersonal skills
• Advanced analytical abilities, business awareness and mobile money product knowledge;
• Strong Negotiation skills;
• Knowledge of financial analysis and interpretation advantageous
• Knowledge of AML international best practice and laws.
• Strong Risk / Control focus and ability to apply laws, regulations and policies appropriately to meet both the compliance obligations and business objectives;
• Ability to manage a team, and support staff (Team player)

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The role holder will be responsible for supporting the delivery of Bancassurance business through facilitation of key duties in underwriting, handling queries from branches and adhering to the established SLAs and Memorandum of Understanding.

The Role
Specifically, the successful jobholder will be required to:

• Drive growth in Bancassurance business across the bank channels and identify opportunities for developing and deploying new products.
• Develop Bancassurance manuals, policies and procedures in terms of business operations as well as underwriting processes for motor and non-motor business.
• Analyze underwriting documents before they are submitted to insurance companies to ensure they are fully and comprehensively documented without loopholes.
• Ensure that all queries on technical insurance issues from customers are addressed promptly while providing technical guidance.
• Ensure adherence to the Bancassurance manual policies and procedures and implementing immediately any actions/deficiencies highlighted by the Compliance & Audit reports.
• Build relationships with Co-op Bank sales channels and support them to drive business with their customers and manage relationships with insurance companies to secure the best terms for Co-op Bank Group customers.
• Ensure compliance with Insurance Regulatory Authority requirements as well as internal Procedures and Policies.
• Train customers and Banks’ staff on underwriting/claim processes, requirements and procedures.

Skills
The successful candidate will be required to have the following skills and competencies:

• A Bachelor’s degree in a Business related field with a minimum of 3 years’ underwriting experience in insurance business or as an insurance officer in a corporate organization.
• A professional qualification in insurance will be an added advantage
• Knowledge of the basic principles and practices of Bancassurance.
• Strong business acumen and strategic thinking capacity with strong analytical and presentation skills.
• Ability to work effectively in a diversified set up and in a highly collaborative team environment.
• Proven ability to respond quickly, independently and appropriately to competing priorities under tight deadlines, excellent analytical, interpersonal, communication and advocacy skills.
• Knowledgeable in compiling data and preparing a variety of reports as well as ability to verify the accuracy of documents and information presented.

Competencies

• Leads from the front
• Delivers and owns results
• Values and respects others
• Drives innovation
• Fosters Communication
• Inspires trust and integrity
• Customer Centric

How To Apply
If you fit the profile, then apply today! Please forward your application enclosing detailed Curriculum Vitae to jobs@co-opbank.co.ke indicating the job reference number UO/RBB/2018 as the subject of your email by 9th February, 2018.

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