Vacancy title:
Risk and Compliance Officer
Jobs at:
Fivestar Insurance Services LtdDeadline of this Job:
Friday, March 07 2025
Summary
Date Posted: Tuesday, February 18 2025, Base Salary: Not Disclosed
JOB DETAILS:
Risk and Compliance Duties and Responsibilities
• Developing and operationalizing risk and compliance assessment tools and facilitating the implementation.
• Ensuring that all external compliances set by external regulators are implemented and adhered to by the Company.
• Ensuring that effective internal controls are in place to prevent and detect fraud, Misappropriation of funds and assets; and misapplication of policies and Procedures
• Following up of the resolutions of any identified compliance deficiencies and audit Recommendations coordinating and / or conducting Departmental, client, and Company meetings and timely follow up on all issues.
• Monitoring non-compliance and escalate any issues to management where non-compliance is not addressed.
• Planning and coordinating risk and compliance reviews at office to mitigate risk and ensure compliance.
• Developing an effective Compliance & Ethics training program, including appropriate introductory training for new employees as well as ongoing training for all employees and managers.
• Conducting project reviews, compliance checks and present reports to the Managing Director.
Qualification:
• Bachelor’s Degree in Actuarial Science
• Risk Management Certificate is an added advantage
Job Experience: No Requirements
Work Hours: 8
Experience in Months:
Level of Education: Bachelor Degree
Job application procedure
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