Cytonn Risk & Compliance Associate Jobs Kenya

Risk & Compliance Associate Job at Cytonn Investments

Cytonn Investments is an independent investment management firm, with offices in Nairobi – Kenya and D.C. Metro – U.S. We are primarily focused on offering alternative investment solutions to global institutional investors, individual high net-worth investors, local institutional investors and diaspora investors interested in the East-African region. We currently have over Kshs. 82 billion of investments and projects under mandate, mainly in real estate.

Directly reporting to the Risk and Compliance Manager, the Associate is responsible for assessing and managing risks for Cytonn Group.

Risk & Compliance Associate Job Responsibilities

• Formulate and implement the Risk and Compliance framework and Policies;
• Proactively identify all material operational risks across the organization and at each business unit level as per Cytonn’s approved risk identification methodology.
• Effectively assess and measure all material risks in accordance with Cytonn’s adopted approaches;
• Ensure the effective management of Cytonn’s material risks through adequate process controls and ensure adherence thereto as well as implement specific action plans to manage the risk causal factors;
• Ensure that appropriate and/or adequate controls are in place at all times to effectively manage Cytonn’s risks to within acceptable risk appetite;
• Ensure the effective management of risk through the prudent allocation of risk capital that is consistent with the approved measurement approach;
• Effectively monitor significant operational risk exposures as well as material losses and escalate the same to senior management for information and/or action;
• Develop robust key risk indicators to serve as early warning indicators of increased risk, with appropriate risk threshold levels to provide a sound platform for the effective monitoring of risk exposures;
• Review all reports from internal/external audit, rating agencies and other assessing agents and ensure that identified risks are monitored and adequately managed;
• Provide Business Continuity Management (BCM) oversight by monitoring to ensure that the Cytonn’s business continuity capability is compliant with applicable guidelines and to perform all such other BCM related tasks as may be assigned by the Risk and Compliance Manager;
• Ensure that Cytonn’s Risk Management Framework (guidelines, policies and procedures) is effective, current, and complies with best practice.
• Ensure the effective implementation of Cytonn’s risk tools (risk register, key risk indicators, risk and control self-assessments, etc.) through training, awareness and frequent monitoring;
• Prepare timely, comprehensive and reliable risk reports to senior management and board on a monthly and quarterly basis;
• Attend Cytonn meetings, both internal and external from time to time as may be requested by the Risk and Compliance Manager;
• Undertaking all such other roles and responsibilities as may be assigned from time to time

Requirements for the Risk & Compliance Associate Job

• A Bachelor’s degree in Finance, Economics or other relevant quantitative business discipline from a recognized university with a minimum Upper second class honours
• A minimum of B+ in KCSE
• At least 3 years’ professional experience in risk management
• Business product knowledge, including an understanding of Real Estate environment and processes to be able to determine their impact on risk and control
• A professional qualification or certification in risk management is preferred
• Applied knowledge of Operational Risk Management tools (e.g. Risk Register, RCSAs, KRIs, Escalation Matrix, Stress Testing, Scenario Analysis, etc.)
• Proficiency in Microsoft Office programs and other risk management system skills
• Excellent oral and written communication skills
• Strong numeracy, analytical, strategy and research skills
• Great planning, organizational and problem-solving skills
• Ability to explain complex issues and present technical information clearly
• Capacity to work independently and cope with pressure and responsibility
• Ability to handle multiple tasks and prioritize accordingly
• Strong control awareness

How to Apply
If you meet the above qualifications, apply online through our recruitment portal.