Manager – Risk and Compliance – Madison Insurance

Job Purpose: To partner with management to provide continual risk assessment and in the development comprehensive policies, procedures, compliance training, protocols, internal investigations, plans and implements risk management strategies and processes.

Key Responsibilities
Develop the Enterprise Risk Management Policy for the Company
Guiding integration of enterprise risk management with other organizational planning and management activities.
Liaise with departmental heads in ensuring completion of quality departmental risk registers
Identify training needs for risk management and oversee development of enterprise risk competence and awareness across the company
Evaluate the adequacy of the company’s internal control framework in addressing risks and accomplishing the company’s goals and objectives;
Work with Board Audit, Risk and Compliance committee in ensuring the identification and prioritization of risks and reporting of the same
Liaise with department and division heads on the adequacy of proposed actions in management of risk areas highlighted in internal audit reports
Monitor implementation of action plans to ensure risk mitigation efforts are proceeding as required.
Monitor and report on compliance with regulatory requirements
Proactively identify emerging risks and report to relevant stakeholders
Develop risk management system and train departmental risk champions on implementation
“Test” the effectiveness of cascading risk management approach to business decision making
Attend Board Audit and Risk Committee meetings; and
Any other duty assigned by Management

Academic Qualifications
Bachelor’s degree in Business Administration
MBA an added advantage

Professional Qualifications
ACII or CPA (audit), ACCA/CIRM
Experience
8 years’ experience 3 of which must be in audit related functions at middle to senior level

Application Procedure
Interested candidates should email their applications and a detailed CV to hr@madison.co.ke.

Applications should be received on or before 29th May, 2015 by 5.00 p.m.

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