Sacco Societies Regulatory Authority (SASRA) – Compliance Officer.

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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

Compliance Officer, SASRA 6 (1 Position)
Vacancy Number: 04/2022
Role Summary
To implement prevailing legal and regulatory framework in the supervision of regulated Saccos to enhance the financial stability of the Sacco sub-sector.
Key Responsibilities
a) Assisting in assessment of license renewal applications as per the laid down procedures.
b) Ensuring timely submission of regulatory returns and any adhoc reports by the Saccos.
c) Assisting to check completeness and accuracy of the regulatory returns
d) Assisting in basic analysis of the financial and related data from the regulatory returns to understand
performance and compliance status of the assigned Saccos
e) Understanding the prudential and market conduct regulatory framework in relation to performance of the Sacco societies
f) Assisting in the inspection of premises for new branches of SACCO societies in line with the regulations and guidelines and make appropriate recommendations.
g) 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
h) Assisting is updating the register of corporate approval requests and determinations thereof
i) Assist in updating data and information on financial, operation, management and governance profile of the Saccos.
j) Assisting in inspections and drafting of reports
k) Drafting letters and other correspondence to the Saccos
l) 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:
a) 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.
b) Demonstrate proficiency in relevant Computer Application; and
c) Certificate in Computer Application Skills;

How To Apply

If your profile matches the requirements of these positions, please submit your application with a detailed curriculum vitae indicating your qualifications, experience, present position and salary if any, email address and mobile telephone number with copies of certificates and testimonials and Identity Card to on or before 3rd May,2022. Indicate the Job Title as the subject of the email. Application to be addressed to;
The Chief Executive Officer
Sacco Societies Regulatory Authority (SASRA)
P.O Box 2508900100

SASRA is an Equal Opportunity Employer (EOE) and committed to diversity and gender equality. Only shortlisted candidates will be contacted.




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