Compliance Manager at KCB Bank Kenya Jobs In Kenya
- Company: KCB Bank Kenya
- Location: Kenya
- State: Nairobi
- Job type: Full-Time
- Job category: Accounting Jobs in Kenya - Banking Jobs in Kenya - Business/Administration Jobs in Kenya - Finance Jobs in Kenya - KCB Bank Limited Jobs in Kenya
Job Description
Kenya Commercial Bank Limited is registered as a non-operating holding company which started operations as a licensed banking institution with effect from January 1, 2016. The holding company oversees KCB Kenya – incorporated with effect from January 1, 2016 – and all KCB’s regional units in Uganda, Tanzania, Rwanda, Burundi, Ethiopia and South Sudan
Key Responsibilities
- Liaise with departments to carry out compliance risk events data collection, analysis and preparation of reports including recommendations to mitigate all non-compliance exposures.
- Carry out status and performance reviews and ensure compliance with BAU compliance responsibilities for KCB Investment Bank.
- Plan, monitor, support organization of Compliance, Reputational risk and Ethics compliance policies standards training across the departments.
- Review of BAU activities to oversee reputational risk, compliance, ethics and operational, processes and procedures, reporting any findings to the Senior Manager, Risk & Compliance and KCB Group Head, Compliance & Ethics and giving recommendations for improvements.
- Maintaining continuous engagement with departments to carry out compliance risk monitoring, analysis and reporting on New Products, and Projects.
- Maintain monitoring and tracking of Reputational Risk & Ethics Incidents and Facilitate training.
- Review industry rules and regulations ensuring Capital Market Authority, Nairobi Securities Exchange & Central Depository Settlement Corporation regulatory requirements are compiled with and/or operationalized in the business.
- Continuously monitor changes in the regulatory framework and ensure that contractual documents, policies and procedures are up to date and comply with those changes/ reviews.
- Monitor all Advisory, Brokerage and Wealth Management transactions and advise on their potential adverse implications for KCB Investment Bank while ensuring the implementation of mitigating strategies.
- Continuously review and confirm that all Risks (Credit, Market, Legal and Operational Risks) affecting the Business have been identified, assessed and controlled.
- Monitor and ensure compliance with all regulatory and obligatory reporting requirements within the stipulated timelines.
- Monitor the Unit’s Risk Register & KRIs; calculation of Risk Based Capital as per CMA requirements.
Qualifications/Requirements
- Business related degree from an institution recognized by Commission for Higher Education.
- Professional qualification in ACCA / CPA (K) / CFA / AKIB or MBA is an added advantage.
- Minimum of 4 years’ experience in Financial Services Industry; 3 years’ of which must have been in compliance, monitoring & reporting as per CMA, NSE & CDSC regulatory requirements.
- Appreciation of Risk Management with thorough knowledge of Advisory, Brokerage, Wealth Management / Investment Banking products & services; internal controls, operations and regulatory environment
- Team player with demonstrated work ethics; consistently demonstrates a high level of professionalism.
- Effective prioritization skills to meet a complex set of business demands and demonstrate delivery against multiple objectives.
- Assertive, self-motivated with desire to succeed in a fast-paced financial services environment.
Closing Date : 23 May. 2024