Sacco Risk And Internal Auditor (Ref: Cbi/Ria/03/26) at Co-op Consultancy. A business advisory arm of the Co-operative Bank group
Sacco Risk And Internal Auditor (Ref: Cbi/Ria/03/26)
Job Ad expires on March 18th, 2026
Our client, a Licensed Deposit Taking Sacco based in Meru
County, seeks to recruit a suitably qualified person to fill the position of
Risk and Internal Auditor
Job Purpose:
The Sacco Risk and Internal Auditor is responsible to
provide independent assurance that an organization risk management, governance,
and internal control processes are operating effectively.
Roles & Responsibilities:
- Develop
and implement a risk-based internal audit strategy and annual audit plan
approved by the Sacco Board Audit Committee.
- Conduct
independent, objective, and risk-based audits covering financial,
operational, ICT, credit, and compliance areas.
- Evaluate
the adequacy and effectiveness of internal controls, governance, and risk
management systems.
- Review
compliance with the Sacco Societies Act, SASRA Regulations, policies, and
procedures.
- Assess
and advise management and the Board on the Sacco’s risk management
framework and emerging risks.
- Investigate
suspected fraud, irregularities, or breaches and recommend corrective
action.
- Prepare
clear and timely audit reports and follow up on implementation of audit
recommendations.
- Liaise
with external auditors, regulators, and the Supervisory/Audit Committee as
required.
- Promote
a culture of accountability, integrity, and continuous improvement within
the Sacco.
Minimum qualifications:
- Bachelor’s
degree in accounting, Finance, Business Administration, Auditing, or a
related field from a recognized institution.
- CPA
(K) – must be a fully qualified accountant in accordance with the
Accountants Act, and a member in good standing of ICPAK or a recognized
equivalent body.
- Minimum
of 3–5 years’ relevant experience in internal audit, risk management,
compliance, or assurance, preferably within a Sacco, financial
institution, or audit firm.
- Professional
certification such as Certified Internal Auditor (CIA), CISA, or risk
management qualifications.
- Membership
with the Institute of Internal Auditors (IIA).
Key Skills and Competencies:
- Strong
knowledge of SASRA Regulations, Sacco Societies Act, and prudential
guidelines.
- Proven
ability to conduct risk-based audits and internal control reviews.
- High
level of integrity, independence, and ethical conduct.
- Excellent
analytical, report-writing, and presentation skills.
- Good
understanding of ICT systems and automated SACCO environments.
- Strong
interpersonal and communication skills.
How to Apply
Interested and qualified applicants are requested to click
on the link below and fill out the online application form and submit it
by 18th March 2026. Any applications received after the
closing date shall not be accepted.
Sacco Bancassurance Officer (Ref: Cbi/Bo/03/26) at Co-op Consultancy. A business advisory arm of the Co-operative Bank group
Sacco Bancassurance Officer (Ref: Cbi/Bo/03/26)
Job Ad expires on March 18th, 2026
Our client, a Licensed Deposit Taking Sacco based in Meru
County, seeks to recruit a suitably qualified person to fill the position of
Sacco Bancassurance Officer
Job Purpose:
The Sacco Bancassurance Officer is responsible to provide a
crucial role in bridging cooperative financial services with insurance
solutions.
Roles & Responsibilities:
- Market
and sell insurance products to Sacco members in collaboration with partner
insurance companies.
- Educate
members and staff on available insurance products and benefits.
- Source
new insurance business and grow the Sacco’s insurance portfolio.
- Handle
insurance documentation, policy issuance, renewals, and endorsements.
- Assist
members in claims processing and follow-up to ensure timely settlement.
- Maintain
accurate records of insurance sales, premiums, and commissions.
- Ensure
compliance with Insurance Regulatory Authority (IRA) guidelines and Sacco
policies.
- Prepare
periodic performance reports on bancassurance activities.
- Build
and maintain strong relationships with insurance partners and Sacco
members.
- Promote
a culture of accountability, integrity, and continuous improvement within
the Sacco.
Minimum qualifications:
- Bachelor’s
degree in business administration, Finance, Insurance, Marketing, or a
related field.
- A
diploma in insurance should be an added advantage.
- Professional
qualification in insurance (ACII, AIIK, or COP) is a MUST.
- At
least two years’ experience in bancassurance, insurance sales, or
financial services.
- Valid
IRA certification/licensing will be an added advantage.
- Strong
sales, marketing, and negotiation skills.
- Excellent
communication and customer service skills.
- High
level of integrity, professionalism, and attention to detail.
- Computer
literacy and familiarity with core banking systems is desirable.
Key Skills and Competencies:
- Proven
ability to conduct risk-based audits and internal control reviews.
- High
level of integrity, independence, and ethical conduct.
- Excellent
analytical, report-writing, and presentation skills.
- Good
understanding of ICT systems and automated SACCO environments.
- Strong
interpersonal, relation management and communication skills.
- Result-oriented
and self-motivated.
- Ability
to work independently and under minimal supervision.
- Good
analytical and reporting skills.
- Sound
financial management and analytical skills.
- Proven
people management and organizational leadership skills
How to Apply
Interested and qualified applicants are requested to click
on the link below and fill out the online application form and submit it
by 18th March 2026. Any applications received after the
closing date shall not be accepted.
Sacco Chief Executive Officer (Ref: Cbi/Ceo/02/26) at Co-op Consultancy. A business advisory arm of the Co-operative Bank group
Our client, a Licensed Deposit Taking Sacco based in Meru
County, seeks to recruit a suitably qualified person to fill the position of
Sacco Chief Executive Officer.
Job Purpose:
The Sacco Chief Executive Officer is responsible for
providing strategic leadership, overseeing daily operations, ensuring financial
sustainability, marketing and driving growth in line with the Sacco’s mission
and objectives.
Sacco Chief Executive Officer reports to the Sacco Board of
Directors and works closely with stakeholders to enhance member value,
operational efficiency, regulatory compliance, and strategic marketing
initiatives to ensure growth.
Roles & Responsibilities:
- Implement
Board-approved policies, strategies, and resolutions.
- Ensure
compliance with SASRA, Cooperative Societies Act, and other applicable
laws.
- Oversee
financial management, budgeting, and prudent use of resources.
- Strengthen
risk management, internal controls, and governance structures.
- Lead,
motivate, and manage staff performance and development.
- Enhance
member growth, product development, and service delivery.
- Represent
the Sacco in engagements with regulators, partners, and stakeholders.
- Prepare
and present accurate management and statutory reports to the Board.
Minimum qualifications:
- Bachelor’s
Degree in: Business Administration, Commerce, Finance, Accounting,
Economics, Cooperative Management, or a related field from a recognized
institution
- A
master’s degree (MBA or related) will be an added advantage.
- Professional
qualification and membership in a recognized body such as
- CPA
(K), IHRM, or equivalent
- At
least 10 years relevant work experience, with a minimum of 5 years in
senior management or executive leadership, preferably within
- Sacco’s,
financial institutions, microfinance, or banking sector
Key Skills and Competencies:
- Proficient
in Microsoft Office suite skills.
- Training
in leadership and management skills; ability to facilitate the development
and implementation of strategic plans, visionary thinking, and the
capacity to drive organizational growth and proven ability to adapt to
changing market conditions.
- People
Management & Organizational Development.
- Digital
& Technological Competence.
- Business
Growth & Innovation.
- Marketing
& Communications: Proven ability to develop and execute marketing
strategies that attract new members and retain existing ones.
- Financial
& Risk Management.
- Excellent
Customer Service to ensure strong commitment to member service and
satisfaction.
How to Apply
Interested and qualified applicants are requested to click
on the link below and fill out the online application form and submit it
by 18th March 2026. Any applications received after the
closing date shall not be accepted.