SASRA Compliance Officer Jobs in Kenya
SASRA Compliance Officer Jobs in Kenya
Sacco Societies Regulatory Authority (SASRA) is established under the Sacco Societies Act, CAP 490B with a mandate to license, regulate and supervise the Sacco Sector in Kenya. SASRA is seeking results oriented, selfdriven individuals with high integrity to fill the following vacant positions. Suitable candidates shall be employed on permanent and pensionable terms of service within Nairobi. The jobs may entail travelling
outside the duty station.
Role Summary
To implement prevailing legal and regulatory framework in the supervision of regulated Saccos to enhance the financial stability of the Sacco subsector.
Key Responsibilities
Assisting in assessment of license renewal applications as per the laid down procedures.
Ensuring timely submission of regulatory returns and any adhoc reports by the Saccos.
Assisting to check completeness and accuracy of the regulatory returns
Assisting in basic analysis of the financial and related data from the regulatory returns to understand performance and compliance status of the assigned Saccos
Understanding the prudential and market conduct regulatory framework in relation to performance of the Sacco societies
Assisting in the inspection of premises for new branches of SACCO societies in line with the
regulations and guidelines and make appropriate recommendations.
Assisting in assessing corporate approval requests (such as establishment of branches, agency business introduction of new loan products,
initiation of shares drive among others) from SACCOs and making recommendations through the supervisors
Assisting is updating the register of corporate approval requests and determinations thereof
Assist in updating data and information on financial, operation, management and governance profile of the Saccos.
Assisting in inspections and drafting of reports
Drafting letters and other correspondence to the Saccos
Ensuring timely dispatch of information, general correspondences, and circulars to SACCOs assigned and confirming timely receipt by the SACCOs in line with the laid down policy.
Job Specifications:
Bachelor’s degree in any of the following fields: Finance, Economics/Statistics, Cooperative Management, Accounting, Business Administration/ Management, Law, ICT or any other relevant qualification from recognized institution.
Demonstrate proficiency in relevant Computer Application; and
Certificate in Computer Application Skills; and
How to Apply
For more information and job application details, see; SASRA Compliance Officer Jobs in Kenya
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