This role involves supporting the execution of compliance monitoring activities across Head Office departments, ensuring adherence to regulatory requirements, internal policies, and ethical standards. The incumbent contributes to the bank’s risk management and regulatory compliance framework through proactive monitoring, reporting, and advisory support.
Key Responsibilities
Monitor Bancassurance operations, transactions and processes for compliance with insurance and banking regulations.
Assist in conducting compliance risk assessments specific to Bancassurance products and services.
Review documentation and customer onboarding processes to ensure regulatory alignment.
Support the implementation of AML/CFT controls within Bancassurance operations.
Track and escalate any compliance breaches or irregularities to the Team Leader.
Maintain records of compliance reviews, findings, and remediation actions.
Assist in preparing reports for internal stakeholders and regulators (e.g., IRA, CBK).
Participate in compliance training and awareness sessions for Bancassurance staff.
Liaise with insurance partners to ensure contractual and regulatory compliance.
Support internal and external audits related to Bancassurance activities.
Contribute to continuous improvement of compliance processes and controls.
Prepare monthly compliance reports to senior management and quarterly to the Board.
Knowledge, Skills & Experience
Bachelor’s Degree in insurance, Finance, Business Administration, or a related field from a recognized institution. Master’s degree is an added advantage.
Professional qualification: COP, AIIK, ACII, or equivalent.
Professional certification in compliance, insurance, or risk management is an added advantage.
2–4 years of experience in Bancassurance, compliance, or insurance operations.
Familiarity with IRA regulations and CBK Prudential Guidelines.
Knowledge of Banking Operations (Domestic & International Operations) and Accounting.
Proficiency in Credit Analysis / Appraisal and Environmental / Industry Analysis.
Expertise in Operational risk, Investment / Portfolio Management, and Assets & Liabilities Management.
Knowledge of insurance and banking compliance frameworks and Financial analysis / interpretation.
Competence in TQM & Documentation, ML/CFT/CPF & consumer protection, and sanctions compliance.
Understanding of data protection/privacy, payments and prudential themes within Kenya’s framework.
Excellent legal/regulatory writing, impact assessment, and stakeholder influence skills.
Regulatory acumen, risk mindset, judgment, and high ethical standards.
Strong analytical and investigative skills with discretion in handling confidential information.
Excellent written and verbal communication, presentations skills, and a team player.
Good knowledge of Banking laws and regulations.
How to Apply
Send your CV and application letter showing how you meet the role requirements stated above to: Recruitment@nationalbank.co.ke by Friday, 1st May 2026.
How to Apply
Send your CV and application letter showing how you meet the role requirement stated above to: Recruitment@nationalbank.co.ke by Friday, 1st May 2026.
