Job Purpose
To execute the compliance program and facilitate the risk management and compliance activities of the firm
Key Responsibilities
- Responsible for the timely identification, assessment, mitigation and reporting, and escalation of all identified operational and compliance risk exposures.
- Conduct workshops with the business for risk and control assessments as per the Business Unit annual RCA plan.
- Keep up to date with, and understand, relevant laws and regulations governing the business entity
- Monitor compliance with laws, regulations and internal policies and procedures
- Advise management and the board on the company’s compliance with laws and regulations and other compliance risks through detailed reports
- Participate in the development and review of organizational policies and procedures
- Collaborate with other departments to create a culture of compliance
- Ensure AML and KYC policies are in place are adhered to
- Ensure timely, efficient reporting of suspicious transactions
- Monitor and provide advice to management to minimize risk resulting from poor internal controls
- Secretary to the Management Risk Committee Meetings and ensure papers and minutes are circulated in a timely manner
- In conjunction with the International Business Risk and Compliance Manager, perform annual BCP/DR risk analysis, planning, testing or live execution for your specific line of business
- Monitor BU compliance with specific obligations, including risk and control assessment and support incident management related to compliance failures. incident perform root cause analysis
- Conducting staff training programs that build risk awareness within the business entity;
- Perform any other duties as may be assigned from time to time as described in your Personal Score Card
- Bachelor’s degree in actuarial science, finance, business administration or related field
- Accreditation in risk management is an added advantage.
- 2 – 4 years’ experience in compliance and / risk management
- Compliance risk management experience in insurance or banking sector is an added advantage.
- Experience in law will be an added advantage
Primary Location
Tanzania, United Republic of-Dar es Salaam-Dar es Salaam
Organization
Britam Insurance Tanzania Limited
Job Type
Permanent
Shift
Day Job
Contract Type
Full-time
Job Posting
23-04-2024
Unposting Date
02-05-2024
Number of Openings
1
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