Senior Risk Management & Compliance Officer Job at Uasin Gishu County Government

QUALIFICATIONS,REQUIREMENTS, DUTIES AND RESPONSIBILITIES
Basic Salary Scale: Ksh. 44,400.00 - 61,110.00 pm (CPSB 08)
House Allowance: Ksh. 22,000.00 pm
Commuter Allowance: Ksh. 6,000.00 pm
Other Allowances as Per the SRC Circulars
Terms of Service: Permanent and Pensionable

Requirement for Appointment
Bachelor’s degree in Business Administration, Economics, Finance, or other business-related fields from a recognized institution.
Must be a qualified accountant with relevant professional qualifications such as Certified Public Accountant (CPA-K) or ACCA, Certified Internal Auditor (CIA) or Certified Information Systems Auditor (CISA).
Should be a registered member of any of the following professional bodies: Institute of Certified Public Accountants of Kenya (ICPAK), Institute of Internal Auditors (IIA), or Information Systems Audit Control Association (ISACA)
Minimum of 3 years working Experience.

Duties and Responsibilities:
Ensure full compliance with policies and regulatory requirements.
Maintain oversight and monitoring of the operational risk management system and the quality of the generated operational loss data.
Conduct operational risk assessments to identify and evaluate risks and associated controls inherent to new and modified products, new and modified channels, new and modified services.
Analyse and challenge the self-assessment results conducted by the first line of defense.
Perform both qualitative and quantitative monitoring and reporting of the Group’s exposure to all types of operational risk, including trend analysis of risk profiles and review of the limits of Operational risk regulatory and economic capital.
Report and escalate operational risk events/incidents in a timely manner and monitor issue resolution to ensure timely responses are provided
Compile operational risk reports, dashboards and metrics for management reporting.
Undertake scenario analysis/assessment to identify potential operational losses and monitor operational risk profiles and material exposures to losses on an on-going basis.
Promote positive risk culture and risk awareness across the Group by conducting training sessions on operational risk for staff, including content review and training delivery.
Design, maintain and effectively communicate operational risk control parameters across the Group, including control standards, operational risk exposure limits and other control levers in order to maintain the Bank’s risk profile in line with the overall risk appetite.
Challenge the completeness of risk identification, monitoring and control activities across Operational Risk Control Areas within the business & support functions and identify and address any significant gaps that may exist between them.
Recommend changes to the control environment or to business practice where necessary to reduce the level of operational risk exposure to within the agreed appetite.
Provide balanced and informed assessment of operational risks arising from acquisitions and major change initiatives or Bank/Group projects.
Plan, monitor and evaluate performance of staff against the set targets.