Compliance Manager – Investor Services
Responsibilities
Legal and Regulatory Compliance
·
Review industry rules and
regulations, (CMA, RBA, CBK) circulars including practice notes and provide
guidelines for operationalization in the business.
·
Review all contractual documents
(Trustee Agreements, Custody Agreements, Trust Deeds, etc.) and Service Level
Agreements with counterparties ( Brokers, Fund Managers, Administrators, CDSC)
for completeness and ensure that the Bank’s interest is adequately covered and
documents properly executed by the parties.
·
Continuously monitor changes in the
regulatory framework and ensure that the Bank’s Custody and Trustee Services
contractual documents, policies and procedures are up to date and comply with
those changes/ reviews.
·
Review industry regulations for new
products and provide guidelines for operationalization in the business.
·
Provide continuous training /
engagement to the business team and other stakeholders on regulatory issues
pertaining to the Custody & Trustee Services business
·
Maintain good business relationships
with all industry regulators.
Operational Compliance
·
Monitor and ensure compliance with
on-going licensee obligations, conduct obligations, record keeping and
reporting obligations
·
Undertake compliance checks and make
compliance reports to management. (Checks on Trustee Services, CDA Services,
Custody Services, and Facility Agency).
·
Monitor and ensure compliance with
all regulatory reporting requirements (CMA, RBA & CBK) within the
stipulated timelines.
·
Conduct surprise checks to monitor
and ensure adequate operational control standards are in place
·
Drive the integration of the
regulatory changes into the Unit’s operational procedures.
·
Confirm annual AML compliance
documentation is received and reviewed.
·
Monitor the Unit’s Risk Register and
KRI’s.
·
Review and confirm that all risks
(Credit, Market, Legal and Operational risks) affecting the business have been
identified, assessed, and controlled.
·
Monitor and ensure timely lodgment of
applications for renewal of Custody and Trustee Services business licenses and
payment of regulatory levies.
·
Review all complaints lodged by
clients and counterparties and recommend action to address the weaknesses in
the internal systems that led to the action causing the complaint.
·
Ensure adequate and relevant business
continuity plans are maintained and tested regularly.
Qualifications
·
University Degree preferably in Law
or in a Business related field from a Recognized institution.
·
Professional qualification in ACCA /
CPA (K) / CPS (K) / AKIB or MBA is an added advantage
·
Minimum of 5 years’ experience in
Financial Services Industry with strong biases towards Capital Markets /
Retirement Benefits Sector / Trustee Services & Facility Agency Services
·
3 years’ experience in compliance
monitoring & reporting obligations as per CMA, RBA & CBK regulatory
requirements; 2 years’ of which must be in a managerial role
·
Good understanding of various
Sectors, products & services within Corporate Banking, including the market
trends & challenges.
·
An appreciation of Risk Management
and knowledge of Internal Controls in Investor Services.
·
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.
Risk Manager
The Position
Reporting to Legal, Risk and
Compliance Manager, the job holder will carry out risk management function
within KCB Capital Limited.
The Manager will oversee the overall
adherence to Legal & Regulatory requirements and ensure compliance to
applicable policies, operational procedures and internal controls requirements
that govern the Subsidiary.
Responsibilities
·
Review industry rules and regulations
ensuring Capital Market Authority, Nairobi Security 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 Brokerage transactions
and advise on their potential adverse implications for KCB Capital 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.
·
Prepare reports for Management review
as well as for the Regulators within the stipulated guidelines and timelines.
·
Review all complaints lodged by
clients and counterparties and recommend actions to address any weakness in the
Internal Systems that led to actions causing the complaint.
·
Conduct surprise checks to monitor
and ensure adequate operational control standards are in place.
·
Provide continuous training /
engagements to the Business team and other stakeholders on regulatory issues
pertaining to KCB Capital.
·
Monitor the Unit’s Risk Register
& KRIs ensuring adequate and relevant Business Continuity Plans are
maintained and tested regularly.
Qualifications
·
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 3 years’ experience in
Financial Services Industry; 2 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 Brokerage / 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.
Assistant Legal Manager
Reporting to the Legal Manager, Risk
& Compliance, the position is responsible for assisting in the
implementation, maintenance, and monitoring of compliance activities of
the Company with established law and regulation.
The job holder will assist in
ensuring the Company is up-to-date with any existing, proposed or new
legislation and that the compliance requirements to be met by the
Company are in compliance with legislation.
Responsibilities
·
Provide support in ensuring that each
subsidiary/division/department/unit of KCB Group follows all applicable laws
and regulations.
·
Analyze and disseminate the
compliance requirements of existing, new and/or revised laws and regulations.
Provide advice in relation to compliance matters as contained in the
legislation.
·
Conduct internal compliance audits
and examinations to ensure compliance.
·
Liaise with relevant
subsidiary/division/department/unit of KCB Group where legal risks have been
identified, to develop mitigating measures and implement remedial action.
·
Formulate legal compliance checklists
and matrixes to be used for undertaking legal compliance reviews to ensure
compliance by the Bank.
·
Conduct legal risk analysis and
provide legal support for new and ongoing Bank projects.
·
Provide legal support in research,
drafting and review of Bank policies, product terms and conditions.
·
Prepare appropriate legal risk
reports for use by management.
Qualifications
·
A Bachelor’s degree in Law
·
Post Graduate Diploma from Kenya
School of Law.
·
At least 3 years’ post admission
experience in dispute resolution/litigation
·
At least 2 years’ experience in legal
drafting
·
At least 2 years’ demonstrated
experience in legal communication and advocacy
·
Excellent interpersonal,
presentation, problem solving, negotiation skills with the ability to
positively and clearly communicate with a variety of constituents.
How to Apply
To be considered your application
must be received by Friday, 17th November, 2017
Only short listed candidates will be
contacted.
NB: In the event that you are successful, we will
require that you provide us with the following documents:
·
National I.D.
·
KRA Pin Card
·
Birth Certificate of self
·
Passport Photo (White Background)
·
NSSF Card
·
NHIF Card
·
Certificate of Good Conduct (less
than 5 Months old)
·
Academic and Professional
certificates, including official transcripts
·
Certificates of Service as applicable
The above positions are demanding
roles for 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 apply on our careers portal.
