Posted: 2026-10-20 17:33:06  Deadline: October 24, 2026   Full-time   Salary: Confidential

Tower Sacco is seeking to recruit a qualified and results-oriented individual for the position of Risk and Compliance Officer to support the identification, assessment, mitigation, reporting and monitoring of enterprise risks, including compliance with Anti-Money Laundering (AML), Combating the Financing of Terrorism (CFT) and Business Continuity Plans (BCP). The successful candidate will help ensure adherence to regulatory requirements, corporate governance standards and industry best practices.

Position Details

Position: Risk and Compliance Officer (1 Post).
Reference: TSCCS/R.C.O.3/10/2026.
Department: Risk and Compliance.
Location: Head Office - Olkalou, Kenya.
Reports to: Risk and Compliance Manager.
Hiring Company: Tower Sacco.
Application Deadline: October 24, 2026, at 6.00 p.m.

Job Profile and Purpose

The Risk and Compliance Officer is responsible for supporting the identification, assessment, mitigation, reporting and monitoring of enterprise risks, including compliance with Anti-Money Laundering (AML), Combating the Financing of Terrorism (CFT) and Business Continuity Plans (BCP). The officer ensures adherence to regulatory requirements, corporate governance standards and industry best practices.

Responsibilities

Co-develop and maintain the company's enterprise risk management strategy.
Conduct comprehensive risk assessments across business and functional areas in line with the risk management framework.
Assist in developing and implementing systems, policies and procedures for identifying, collecting and analysing risk-related information.
Evaluate the adequacy and effectiveness of controls to ensure identified risks are appropriately mitigated at departmental and process levels.
Assist in managing and tracking progress on risk mitigation action plans.
Collaborate with departments to identify, quantify, mitigate and monitor operational and financial risks.
Monitor risks and communicate relevant information to the Risk and Compliance Manager, who works closely with stakeholders to ensure the effectiveness of the enterprise risk management strategy.
Review new and ongoing products to ensure they undergo comprehensive risk assessments before implementation.
Assist in developing training programmes and conducting staff training on risk management, controls and compliance.
Assist in preparing monthly, quarterly and ad hoc risk and compliance reports as required.
Coordinate Anti-Money Laundering (AML), data protection and other regulatory compliance activities.
Implement and maintain effective internal controls to prevent and detect compliance violations within SACCO operations.
Ensure business units comply with applicable regulations through continuous monitoring and review of legislation, internal policies and controls.
Identify, assess, control and enforce compliance risk management across the organisation.
Detect, report and follow up on suspicious transactions.
Stay updated on industry regulations, compliance requirements and best practices.
Review and maintain the business continuity programme, ensuring regular tests, updates and alignment with policies and frameworks.
Identify weaknesses in business continuity and recommend remedial measures in consultation with relevant stakeholders.

Minimum Qualifications and Experience

Bachelor's degree in Finance, Accounting, Commerce, Risk and Compliance, Actuarial Science or a related field.
Risk certification or an equivalent professional qualification.
Membership in a relevant professional body is an added advantage.
KCSE minimum qualification of C plain, with C plain in English and Mathematics.
A minimum of three (3) years of proven experience in compliance, risk management, internal audit or regulatory affairs.

Person Specifications

Age above 28 years.
In-depth knowledge of the financial services industry.
Strong analytical, organisational and problem-solving skills.
Personal attributes including integrity, dependability, initiative, results orientation, creativity and strong interpersonal skills.
Effective verbal and written communication skills.
Proactive in staying updated on regulatory developments.
Knowledge of automation in risk management.

Disclaimer

The information in this job description is intended to indicate the general nature and level of work performed by employees within this classification. It is not intended to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to this job.

Application Process

Interested and qualified candidates should submit their applications by October 24, 2026, at 6.00 p.m.

Application Link: Tower Sacco (Careers Page)

Candidates who have applied will receive an email informing them whether they will proceed to the next recruitment stage of shortlisting or interviewing.