ASSISTANT MANAGER RISK & COMPLIANCE - (2600004Y)
Job Purpose and Key responsibilities
Job Purpose:
The role holder will be responsible for the implementation of financial and non-financial risk frameworks, risk identification, assessment, mitigation strategies, and Compliance. Ensuring these aspects are embedded into the operations of the firm in consultation with the CEO & Board Risk Committee.
Key Responsibilities:
Risk identification, mitigation, monitoring
- Co-ordinate and improve risk management within departments
- Review all Internal & External Audit reports to extract relevant risk & control information for use in reporting and remediation.
- Monitor and act on any Key Risk Indicators (KRIs) adverse trends that arise
- Monitor resolution of all associated Internal Audit recommendations post-audit issues
- Assess compliance with policies and procedures in the departmental units, with emphasis to controls
- Coordinate the formulation of scenarios to be tested at least annually
- Coordinate the recording of the risk incidents and carrying out the root cause analysis
- Regularly collate the operational loss data and maintain the database
Business processes and policies reviews
- Working with Business units within the firm to establish, maintain and continuously improve risk management capabilities.
- Coordinating Risk & Control Self-Assessment (RCSA) framework across the various Business and Support units.
- Participate in the development and review of organizational policies and procedures. Company and Business
- Ensure sufficient follow through on management actions to mitigate risks identified
- Ensure Continuous risk identification and assessment program through timely completion of RCSA & KRI returns
- Champion documentation of inter departmental SLAs during quality assurance reviews.
- Review key outsourcing arrangements for the firm in line with regulator outsourcing guidelines.
Business Continuity Management (BCM)
- Implement BCM framework for the firm
- Review of program and tools to ensure they are updated.
- Ensure BCP testing is carried out as per schedule for both business and support unit.
- Train staff on BCM
Compliance Management:
- Responsible for the timely identification, assessment, mitigation and reporting, and escalation of all identified operational and compliance risk exposures.
- Keep up to date with, and understand, relevant laws and regulations governing the business entity.
- Monitor compliance with laws, regulations and internal policies and procedures.
- Advise management and the board on the company’s compliance with laws and regulations and other compliance risks through detailed reports.
- Collaborate with other departments to create a culture of compliance.
- Ensure AML and KYC policies are in place are adhered to.
- Ensure timely, efficient reporting of suspicious transactions.
- Monitor and provide advice to management to minimize risk resulting from poor internal controls.
Management Committees
- Assist in preparing the report pack for the Management Risk Committee (MRC) meeting
- Coordinate the secretarial work for the MRC meetings.
Financial Risk
- Reviewing and updating of risks
- Reviewing of implementation of risk limits and tools and ensuring escalation mechanisms are established and are being used;
- Maintaining processes for defining mitigating actions and monitoring their implementation as it relates to financial risk management;
- Carrying out identification of financial risk and implementing treatment of emerging financial risks.
- Monitoring of external indicators and market developments;
- Value added commentary to financial risk reporting regarding risk processes and (risk) compliance.
- Conducting staff training programs that build financial risk awareness within the Group.
Knowledge, experience and qualifications required
Qualifications & Experience:
- University graduate with possession of a risk or actuarial-related qualification.
- Must possess a professional qualification in risk or actuarial
- 4 years of working experience in the insurance and financial services environment, with sound exposure to insurance Operations, Regulatory and Compliance requirements.
- Knowledge of Insurance and Business Operations: Well round knowledge of the insurance operations and processes and excellent knowledge of Insurance policies and procedures.
- Risk Management: Ability to anticipate and mitigate risk by developing appropriate Risk Management Policies for the Firm.
- Compliance Standards and Legislations: Excellent knowledge of International Accounting and Standards, and legislation.
- Compliance and Regulatory Framework: Good understanding of relevant regulatory requirements
- Conceptual and Analytical Skills: Ability to quickly grasp and understand systems and keen to detail.
Primary Location: Rwanda-Kigali-Kigali
Organization: Britam
Job Type: Permanent
Shift: Day Job
Contract Type: Full-time
Job Posting: 12-08-2026
Deadline Date: 25-08-2026
Number of Openings: 1
