The role is responsible for the management of compliance, recordkeeping, monitoring, and analytical functions involved with regulatory compliance, anti-fraud, Anti Money Laundering (AML), and Counter Terrorist Financing (CTF) with a strong background in Fund management and pension Compliance. The Risk and Compliance Manager’s job deals with any day-to-day compliance issues that arise during financial transactions, trading, Investment or the handling of client accounts and funds. This officer must ensure the business and its employees understand and abide by internal and regulatory procedures.
Key Responsibilities
- Ensure that all Fund Management portfolios managed by the business comply with Capital Markets Authority, Retirement Benefit Authority and the subsidiary Regulations.
- Performing real time surveillance and support with a view to preventing misconduct, promoting ethical standards, and monitoring and advising on rules, within the overall objective of reducing risk to the business
- Develop an appropriate Risk and Compliance Management methodology and process to ensure compliance with all the set-up regulations.
- Provide high quality Risk and Compliance advice to Business and Support functions on applicable internal policies, laws and regulations.
- Provide advice regarding Anti-money laundering compliance especially, client due diligence, KYC standards, internal policies and local regulations.
- Assist with the review of marketing materials and client presentations to ensure compliance with regulatory requirements and presentation of the same to regulators for approval.
- Provide high level analysis on changes to regulations and provide support to the Business on implementation.
- Carry out risk and compliance monitoring and perform ad hoc investigations into matters or issues that are escalated to Board.
- Prepare draft operational policies to assist in compliance with laws and regulation for management approval.
- Coordinate submission of monthly, quarterly returns and annual license applications to the relevant authorities.
The Person
For the above position, the successful applicant should have the following:
- A bachelor’s degree in law, Finance or Business or related field from a recognized university
- Master’s degree will be an added advantage.
- Professional Qualifications in either ICIFA/CISA/CISI/CRM, CISM, Progress in CPA
- Trustee Development Program Kenya (TPDK)
- Up to 6 – 8 years of relevant experience, with 4 – 6 years services within the Capital Markets space and Retirement Benefits Industry
Skills and Attributes
- Team player adaptable to fast-paced and changing environment and eager to learn.
- Ability to manage tight processes, accuracy and attention to detail.
- Ability to dive into the details and develop greater understanding of the KCB Group wide risk and compliance requirements.
- Highly disciplined person, self-motivated, and delivery focused.
- Excellent time management skills
The above position is a demanding role for which the Bank will provide a competitive remuneration package to the successful candidate. If you believe you can clearly demonstrate your abilities to meet the criteria given above, please log in to our Recruitment portal and submit your application with a detailed CV.
To be considered your application must be received by Monday 8th March 2024
Qualified candidates with disability are encouraged to apply.
Only short-listed candidates will be contacted.
