The Retirement Benefit Authority (RBA) is a State Corporation set up to regulate and supervise the retirement benefit sector in Kenya.
RBA is established through the Retirement Benefit Act (No. 3 of 1997)
In an effort to enhance the operations of the existing team as well as increase its effectiveness in service delivery, RBA is seeking to recruit high caliber result-oriented persons with exceptional communication and IT skills who will work flexibly in a small but highly professional team and respond imaginatively to varied and demanding range of tasks.
Interested persons who are comfortable in high performance environment and have the ability to turn strategy into practical measures complexity and detail are invited to apply for the following vacancy:
Legal Officer
Department: Compliance
Location: Nairobi
Section: Legal Services
Job Grade: Grade 6
Reports to: Manager, Supervision Department
Job Role: To help ensure compliance with the Retirement benefits Act and Rules by Schemes, Trustees, members and service providers for sustained growth and development of the retirement benefits industry.
Special Requirements
• Have excellent communication skills
• Knowledge of the emerging legal and other policy or legislation
Key Result Areas:
Registration and licensing
• Evaluate documents lodged for registration of schemes, administrators and service providers
• Advise on registrability or non registrability of schemes c) Evaluate documents lodged relating to adherence, conversion of schemes, appointment of trustees and advise on registrability or non registrability thereof.
Complaints and disputes
• Evaluate complaints and disputes and advise on legal effects thereof
• Advise on appropriate legal action to be taken on complaints
• Review legislation relating to complaints, disputes and resolution
• Review legislation relating to the Retirement Benefits Tribunal and its work and funding.
• Prepare and produce documents and information as required necessary to enable the tribunal to effectively resolve disputes
Advise RBA on issues relating to winding up of Schemes
• Review documents relating to voluntary winding up of schemes and advise on their registrability
• Advise RBA on legal aspects relating to compulsory or voluntary winding up of schemes
• Advise on the law relating to Receivership of schemes
• Ensure that in winding up, scheme minimum funding rules, and winding up regulations are complied with.
Review of legislation and legislative drafting
• Periodically review all laws, rules and regulations relating to retirement benefits industry and advise on need for amendments and/or new enactments as necessary
• Carry out research on retirement benefits laws in other jurisdictions and advise on any positive impact in those jurisdictions with a view to borrowing from them
• Periodically carry out field study on impact of legislation relating to retirement benefits and advise appropriately.
• Advise on enactment of subsidiary legislation as and when necessary
• Draft any necessary enactment or amendment to legislation for approval by management and ministry of finance.
Registration and review of service agreements
• Analyse service agreements and advise on registrability
• Advise on necessary amendment to service agreements to effect registration
• Ensure the interests of members and sponsors is protected
Ensuring of Compliance to the Act and Rules
• Evaluate the compliance returns and advise if they are compliant with the Act and necessary regulations
• Participate in Supervisions and advise on legal aspects
Education and training
• Evaluate the training needs of members, sponsors, trustees, service providers, stakeholders and the public on retirement benefits issues
• Prepare training materials and conduct trainings as appropriate
Liaison
• Liaise with members, sponsors, trustees, administrators and other service providers and stakeholders on matters relating to the law on retirement benefits, General’s Chambers, Registrar General, law enforcement agencies and stakeholders throughout the country in connection with prosecution of offenders
• Liaise with the Attorney General and other government ministries on matters relating to the law on retirement benefits, compliance and disputes resolution.
Education
• Min: Bachelor of Laws
• Ideal: Master of Laws
Legal:
• Min: Qualification from the Kenya School of Law and Admission to the Roll of Advocates of the High Court of Kenya
• Ideal: Master of Laws
Experience: 4 to 6 years
Age: 30 to 35years
If your background, qualification, experience and competence match the above specification please submit your detailed CV, indicating day time telephone numbers, address and names of three referees to the address below not later than 31st January 2010, quoting the position applied for in a sealed cover.
The Chief Executive,
Retirement Benefits Authority,
Rahimtulla Tower - 13th Floor,
Upper Hill Road,
P.O. Box 57733 - 00200, Nairobi.
Only shortlisted candidates will be contacted.
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