Legal and Compliance Officer at Cytonn Investments

Responsibilities for the Legal & Compliance Officer Job

• Facilitating Legal Compliance supervision and assessment to ensure compliance with the Capital Markets Act, Retirement Benefits Act and subsequent regulations and on all facets of Law
• Co-coordinating investor administration including reviewing investor communication, keeping compliance registers, Know your Client ‘KYC’ files, etc
• Providing strategic legal advice to the business
• Facilitating Compliance Audits and developing Compliance checks on all facets of Law affecting the business and being the point of contact with the Capital Markets and Retirement Benefits Authority
• Developing elaborate anti-money laundering checks and procedures in line with the relevant legislation and ensuring strict adherence to the same
• Ensuring staff members conform to industry practices and professional standards in all activities, with specific practices and standards
• Investigating and resolving compliance issues, implementing procedures for monitoring compliance guidelines, maintaining files and databases of all records relating to compliance and risk
• Implement a risk-based compliance monitoring perational risk framework to enable senior management to effectively understand, manage, monitor, and mitigate the firm’s various compliance and regulatory risks
• Liaising with relevant departments where legal risks have been identified, to develop mitigating measures and implement remedial action
• Conducting legal risk analysis and provide legal support for new and ongoing investment funds
• Contract drafting, review, negotiation and management
• Managing external legal counsel and regulatory service providers
• Any other task that may be assigned from time to time

Legal & Compliance Officer Job Requirements

• A Upper Second Bachelor of Laws degree (LL.B) from a recognized University
• Must have attained a B+ and above in O levels/ high school
• Be admitted as an advocate of the High Court of Kenya and possess a current practicing certificate
• Graduate degrees in finance, business administration, commerce, economics or equivalent shall also be considered; while professional qualifications such as CPA, CFA, CS or membership to a relevant professional body shall be considered to be an additional advantage to an applicant
• A minimum of three years of advocate post-admission, corporate and commercial law experience
• Creative, commercial legal thinking and appreciation of the business aspects in their application of the law
• Broad knowledge of principles, procedures, and best practices involving compliance, operations and general business record keeping
• Good understanding of risk management and ability to advice on global best practices
• Ability to pro-actively and creatively manage potential legal issues for regulated entities
• Excellent communication, influencing and interpersonal skills
• High levels of energy and enthusiasm and ability to work long hours and under pressure
• High integrity