Safaricom Sacco Ltd was founded in May 2001 to provide members with the opportunity to access credit and savings to develop and improve their economic and social status. The initial membership was 222 members all from the Parent Company - Safaricom Ltd. In 2011, Safaricom Sacco Ltd revised its By-Laws to open the common bond to include Employees from related Technology Companies, Safaricom Partners, other Corporate Institutions as per mandated by the board, Diaspora, Individuals introduced by Sacco Members, Chama’s, Spouses of Members & their Children above 18 Years.
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- Contents
- Open Jobs
- Risk and Compliance Officer
- Senior Auditor
- Method of Application
- Job TypeFull Time
- QualificationBA/BSc/HND
- Experience3 years
- LocationNairobi
- Job FieldFinance / Accounting / Audit 
We currently seek to recruit a Risk and Compliance Officer. The job holder will be responsible for providing administrative support in the Society by exploring opportunities that add value to the existing processes and procedures.
KEY RESPONSIBILITIES
- Review and maintain an updated Risk Policy and Framework for the Sacco.
- Maintain a corporate-wide and departmental risk registers.
- Based on review of procedures and walkthroughs, maintain an inventory of internal controls and map them to key risk areas.
- Assist in the execution of the corporate compliance, fraud, and risk assessments by identifying the key risks and assessing mitigating controls to determine the risk profile for the organization.
- Assist in the development and monitoring of key risk indicators (KRIs) that are mapped to various risks to determine elevations in risk and proactively implement risk mitigation measures.
- Identify emerging risks that present new regulatory, fraud, or money laundering risks. This includes risks associated with new products and services, customer types, geographies, and channels.
- Coordinate the collection of risk information from source systems, departments, and reporting, analyse the data and apply to various key risk areas to update the risk profile.
- Conduct policy attestations and provide assistance to in developing, updating policies and procedures by enforcing documented standards eg SOPs.
- Perform compliance audits (Internal and External) and ensure adherence to all internal operation and evaluate all procedures to maintain accuracy with all internal standards.
- Develop and maintain a complete and updated regulatory compliance universe.
- Provide guidance on emerging operational, legal and regulatory compliance matters.
- Champion compliance with respect to all environmental, social and governance processes.
- Assist and work in collaboration with Internal Audit to accomplish their assurance activities.
- Communicating and enforcing the AML/CFT compliance culture as per KYC/AML/CFT policies.
QUALIFICATIONS:
- A Degree in Risk Management/Commerce / Accounting/ Statistics /Economics or any other related field.
- At least completed CPA/ACCA part 2.
- Holder of CRMA/CRA will be an added advantage.
EXPERIENCE:
- Minimum of 3 years’ relevant experience.
- C2 – Safaricom Internal
- Job TypeFull Time
- QualificationBA/BSc/HND
- Experience5 years
- LocationNairobi
- Job FieldFinance / Accounting / Audit 
Provide support to the Head of Audit, Risk and Compliance in ensuring timely execution of risk-based internal audits in accordance with the annual audit plan as well as other audit matters and projects.
RESPONSIBILITIES AND DUTIES FOR THIS ROLE
- Managing Audit Assignments.
- Lead Risk Based Audits and Compliance Audits as per the Safaricom Sacco’s Internal Audit Methodology.
- Prepare and present audit reports that reflect audit’s results for the audit engagements conducted.
- Assist in preparation and delivery of annual internal audit plan.
- Provide independent and objective assurance of internal controls, risk management and governance processes in all engagements conducted.
- Provide valuable and dependable advice or consulting activity when required in the Sacco eg. In risk management and compliance.
- Identify loopholes and recommend risk aversion measures and cost savings.
- Protect against fraud and theft of the organization’s assets.
- Conduct audit issues assurance or follow up of audit issues to ensure appropriate management interventions.
- Guide on emerging operational, legal, and regulatory compliance matters.
- Assist in the design, documentation, and execution of all audit plans as per the audit methodology.
- Communicate effectively with auditees to improve the internal control environment.
- Conduct comprehensive data analytics for efficiency in Internal Audit engagements using tools eg. Advanced Excel, Power BI and Caseware IDEA, TeamMate analytics.
- Engage to continuous knowledge development regarding sector’s rules, regulations, best practices, tools, techniques, and performance standards.
Corporate Governance
- Promote the Sacco’s corporate governance to facilitate effective and prudent management that can deliver long – term success of the organization.
Supervisory Roles
- Review of Internal Auditors Audit files and work programs,
- Lead audits from Audit planning to Reporting.
- Daily supervision of delivery of Internal Audit plan by internal auditors.
Clients Relations Roles
- Ensuring efficient flow of information to and from members and other stakeholders; Banks, Investments firms and other related parties
- Responsible for customer relations and maintaining the SACCO’s image.
- Promote an environment founded on Safaricom SACCO values of Customer focus, Integrity, reliability, and Innovation.
EDUCATIONAL AND PROFESIONAL QUALIFICATIONS:
- BCOM Finance, Accounting or Business-related course from a recognized institution.
- Certified Public Accountant CPA(K) and a member of ICPAK.
- A holder of Certified Internal Auditor (CIA) or/and Certified Information Systems Auditor (CISA) is an added advantage.
EXPERIENCE
At least 5 years’ relevant experience in internal auditing in financial service industry or audit firm.
Method of Application
Use the link(s) below to apply on company website.
