Head of Regulatory Compliance
Role overview
The Head of Regulatory
Compliance EBKL shall support the Head of Compliance EBKL working with other
Risk & Compliance and business leaders to manage the strategy and execution
of the EBKL’s Compliance Risk Framework. The role supports the effective
management of Regulatory Compliance related risks in EBKL and provides
pro-active, accurate and timely advice to enable the bank to operate in
accordance with regulatory requirements, global best practice and applicable
Group standards. The role requires good knowledge of Compliance Risk
Frameworks, the potential sources of compliance risk and collaboration with
other leaders in the first and second lines of defense to identify, assess,
monitor and address such activities.
Location – This position
is located at our Head Office in Nairobi.
Primary Responsibilities
- Support the Head of Compliance EBKL to implement and maintain
effective EBKL Compliance risk framework and provide strategic direction
in how they are managed.
- Deliver regulatory advice to stakeholders and manage second
line processes to ensure privacy & law enforcement, regulatory conduct
& reporting, new business & new products, customer complaints,
consumer protection, customer conduct, Anti Bribery and Corruption, market
conduct, product quality, data quality, and data privacy compliance on an
ongoing basis in all business activities and in line with risk appetite.
- Ensure bank’s compliance with Common Reporting Standards and
FATCA.
- Drive effectiveness of EBKL’s Compliance Risk Framework by
incorporating effective and practical advice into sound early-stage second
line challenge.
- Support the rollout and implementation of effective
Compliance training across the EBKL.
- Assist with the EBKL’s approach, including an effective
EBKL’s Obligations Register, for the timely identification of
opportunities to enhance the management and oversight of Compliance risk,
and ensure appropriate action is taken by relevant parties to deliver
improvements.
- Work with relevant stakeholders in EBKL to ensure that the
required controls to mitigate compliance risk are embedded into new
products and initiatives.
- Support the EBKL Head of Compliance in the development and
implementation of EBKL Government & Regulatory Relationship Program.
- Implement a process that identifies and manages potential
Compliance risk from regulatory and geo-political changes and provides
assurance that changes have been effectively embedded into the relevant
Compliance business processes.
- Broaden internal and external networks and keep up to
date with regulatory requirements and industry best practice to
continuously improve the effectiveness of EBKL compliance risk management.
Minimum Requirements
- Requires 6+ years of professional experience and 3+ years of
management experience
Critical Skills
- No less than 6 years of compliance management experience,
with significant portion in Compliance risk within a large international
bank or relevant regulators.
- Strong understanding of Regulatory Compliance and
requirements within the banking industry.
- Critical thinking skills to understand and analyze complex
problems.
- Effective communicator with strong writing and verbal
abilities to communicate across all levels of the Group.
- Ability to develop strong relationships and collaborate with
senior business and function leaders to influence change
- Proven focus on deliverables, organized, and ability to
manage multiple high priority deliverables
- Self-starter, highly organized, and detailed-oriented
- Excellent facilitation and presentation skills
- Exercise high level of discretion and confidentiality due to
the sensitive nature of the scope of work
- Extremely detail oriented with ability to elevate details
into strategies.
Education
- Bachelor’s degree in business related field plus relevant
professional qualifications such as CAMS, ICA, CPA, CPS.
- Law degree is an added advantage.
Others
- Ability to handle multiple requests, assess priorities, and
achieve solutions under deadlines, with minimal direct supervision
- High degree of curiosity and creativity in a highly
regulated, dynamic environment.
- Ability to focus on outcomes while demonstrating flexibility
to changing requirements.
- Ability to work with partners at all levels, including
internal and external legal counsels and consultants.
- Poise and tact; Calm under pressure
How To Apply
Deadline closes : 9th
October 2023
