Regulatory Affairs & Policies Manager Job Vacancy

Kenya Commercial Bank, renowned for its diversity and growth in the Region is currently strengthening its support for group operations and business with the aim of maintaining Best Practice whilst also responding to the growing Business needs to support internal and external Customer Service delivery objectives and increase shareholder value.

To this end the following challenging position has arisen and candidates with the requisite competencies and qualifications described below are hereby encouraged to apply.

Regulatory Affairs & Policies Manager

Ref:
 RISK 05/2011

The Position

Reporting to the Head, Compliance & Ethics, the position will be responsible for compliance oversight on development of policies, and will ensure their maintenance and availability to align the Group activities to Regulatory and industry standards by assessing emerging compliance issues and providing policy planning and organization to ensure policies are adequate, up-to-date and have adequate mechanisms for managing review, implementation and performance.

Key Responsibilities:
  • Support Risk Division and Senior Management in reviewing and maintaining up to date and adequate policy framework that is responsive to the regulatory and internal compliance policy universe and strategic objectives.
  • Maintain liaison externally and internally to keep aware of emerging issues and emerging trends to work with respective areas and provide expert advice and guidance on national, regional and corporate policy initiatives.
  • Support liaison with external regulatory agencies, and maintain tracking and reporting on action on emergent or reported issues.
  • Support the recognition, assessment and communication of important policy issues to stakeholders.
  • Analyze rigour and incident reports to identify and report on key themes requiring internal policy action, and report recommendations for adoption.
  • Be responsible to provide first line assessment and assurance of the availability of adequate administrative and organizational tasks & structures to support the effective application of policies.
  • Provide periodic assessment of the up to date status of policies, and maintain policy tracking and monitoring to ensure policies are up to date.
  • Work with Bank units to guide policy development through the policy development lifecycle to obtain relevant buy-in and Board or Senior Management approval.
  • Maintain the Group policy catalogue and version control system to ensure easy availability of tracked policies, and work with the Rigour Section to support policy implementation.
  • Provide policy liaison at peer levels across specialist and risk functions. (Legal, Audit, Risk, HR, Finance, including Forensic investigations and Insurance)
The Person
  • An Arts first degree from a recognized university.
  • An MBA degree will be an added advantage.
  • At least one risk-relevant professional qualification, IRM, PRMIA, will be an added advantage.
  • 5 years of wide ranging bank experience - 3 years management experience, in either operations, or compliance/audit related activities, with demonstrated understanding of the regulatory environment including CBK Prudential Guidelines.
  • Good knowledge of money laundering issues and KYC requirements.
  • A good know-how of bank-wide business functions, administration and supervisory skills.
  • Good management skills including organizational, presentation & communication, writing and problem solving skills.
  • Demonstrated high integrity.
The above position is a demanding role which the bank will provide a competitive package for the successful candidate. 

If you believe you can clearly demonstrate your abilities to meet the criteria given above, please submit your application with a detailed CV, stating your current position, remuneration level, e-mail address and telephone contacts quoting the job title/reference in the subject field to recruitment@kcb.co.ke.

To be considered your application must be received by 30th September 2011.

Only short listed candidates will be contacted.


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