Compliance Intern At Jubilee Insurance

Details of the offer

Job Ref. No. JAML034
Role Purpose
The role holder will assist the Assistant Manager, Risk and Compliance to ensure full compliance of the Asset Management Business, assist in ensuring that the company is compliant with internal Jubilee Asset Management policies, all external regulations, acts and laws applicable in the financial services industry. The role holder will also assist in overseeing and implementing the company's compliance framework, thus mitigating compliance risks, and upholding the highest ethical standards withing the organization.
Main Responsibilities
Assist in ensuring that applicable regulations are adhered to by the business and support functions through dayto-day monitoring and regular review to ensure compliance with existing legislation, regulations and internal
policies, processes, documentations and controls.
Assist in ensuring that compliance risks are identified, assessed, controlled and enforced.
Assist in identifying suspicious transactions and reporting of these transactions to the Money Laundering Reporting Officer without tipping off.
Assist in reviewing company processes/operational manuals and systems to ensure that they are regularly updated to meet the set regulations, policies and all other requirements such as mandates, escalations, controls etc.
Assist in identifying areas of compliance weakness and recommend remedial measures in consultation with the assistant manager, risk and compliance.
Follow up with the various stakeholders on closure of the Compliance Gap Analysis/Tracker.

Corporate Governance
Regulatory Compliance: Assist in ensuring the company's compliance with the regulatory requirements.
Internal Control Systems: Contribute to the continuous improvement of internal control mechanisms in line with corporate governance best practices.
Ethics and Standards: Promote and uphold ethical standards and corporate integrity across the company's operations.
Governance Audits: Participate in governance audits and reviews to ensure that organizational policies are effectively enforced.

Culture
Promote a culture of compliance across all levels of the organization.
Actively participate in fostering a strong risk and control environment.
Support transparency and accountability in the company's operations.
Help promote ethical behavior and decision-making in the workplace.
Encourage open communication and reporting of compliance-related concerns without fear of retribution.
Champion diversity, equity, and inclusion initiatives within compliance processes

Key Competencies
Understanding of Regulations and Laws. Develop a solid understanding of relevant laws and regulations applicable to the industry. Stay updated on changes in legislation and compliance requirements.
Analytical Skills. Ability to analyze complex information and identify compliance issues. Conduct thorough research to interpret and apply regulatory requirements.
Attention to Detail. Demonstrate a high level of accuracy and attention to detail in reviewing documents and data. Identify inconsistencies and discrepancies to ensure compliance.
Organizational Skills. Manage and organize compliance documentation and records. Prioritize tasks effectively to meet deadlines and respond to compliance inquiries.
Adaptability. Adapt to changes in regulations and internal policies. Learn quickly and adjust strategies to ensure ongoing compliance.

Qualifications
B.Sc. Finance related field, Bachelor of Laws, Bachelor's degree in a business or related field.
Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint).

Relevant Experience
Previous internship or experience in a corporate environment, especially in compliance, legal, or financial services.
Exposure to regulatory compliance, corporate governance, or financial audits is an advantage.


Source: Myjobmag_Co

Job Function:

Requirements

Legal Counsel - Corporate At Diageo

Specific Accountabilities This role is a senior management role within EABL Kenya. The role is generalist in nature charged with facilitating general counsel...


From Diageo - Nairobi Area

Published a month ago

Associate Program Officer, Legal Equality At Equality Now

KEY RESPONSIBILITIES Working within the Legal Equality Programme at Equality Now, the APO will support the SOAWR Coalition and its Secretariat (Equality Now)...


From Equality Now - Nairobi Area

Published a month ago

Graduate Management Trainee - Compliance At The Science For Africa Foundation

Compliance Functions Monitoring and ensuring compliance with relevant laws, regulations, and company policies. Conducting periodic reviews to identify potent...


From Ion - Nairobi Area

Published a month ago

Commercial & Conveyancing Advocate At Emerge Egress Consulting

Role Objective A busy law firm in Nairobi seeks to add to their team with an individual who is well versed matters Commercial and Conveyancing. Core Duties ...


From Emerge Egress Consulting - Nairobi Area

Published a month ago

Built at: 2024-10-31T16:13:32.659Z