Senior Regulatory Compliance Manager at Equity Bank Kenya

Description

In line with enhancing career progression of staff and to support the business growth, we seek to recruit a senior well-qualified, experienced, self-driven, highly motivated and passionate candidate to fill the following position within the Legal Department.

Reporting to the Head of Legal & Statutory Compliance, the Senior Regulatory Compliance Manager role is  to ensure that the operations and business transactions follow all relevant laws, regulations and internal policies. He/she will support the business to achieve its goals and objectives by ensuring compliance with laws & regulations across the bank operations. He/she is expected to be informed on local & international laws and regulations, ensuring comprehensive reviews are carried out and guiding business on implementation.

• Provide leadership and coordination in the implementation of an effective legal compliance program
• Undertake gap analysis to determine regulatory gaps and recommend and advise on appropriate regulatory gaps in the bank policies;
• Regularly update key stakeholders on regulatory initiatives and the impact on their business
• Ensure compliance with regulatory risk guidelines and best practices;
• Facilitate engagements between the Bank and Regulators including responding to regulatory requests
• Ensure regulatory requirements are logged and tracked to conclusion
• Ensure staff are educated and trained on the latest regulations including assisting with development and delivery of a comprehensive training program on regulatory matters
• Facilitate effective and constructive sharing of knowledge and best practice on Compliance issues within the team
• Prepare and/or review Executive and Board risk reports
• Review reports intended for consumption by the regulator and other external users;
• Advise Management on regular basis on key regulatory lapses in the business;
• Take the lead in compliance change oversight, reporting and governance
• Establish close working relationships with Business to ensure support on compliance policies and framework
• Data privacy management

Qualifications

• A Bachelor’s degree in Law. A professional certification in accounts or company secretarial would be an added advantage.
• Minimum of 6 years’ relevant experience.
• In-depth knowledge of regulatory environment and key regulatory guidelines  

Essential Knowledge

• Broad range of experience in the financial services industry with a focus on regulatory compliance risk management
• Sound knowledge of regulatory environment and applicable laws and regulations
• Experience in setting and rolling out compliance policies
• Ability to synthesize and articulate key regulatory gaps, identify deficiencies in compliance programs and highlight areas of improvement
• Knowledge in data generation, interpretation and giving important insight into data.

Key Critical Competencies

• High level of analytical skills with attention to detail
• Problem-solving skills with the ability to analyze complex information to identify the key issue/action and drive resolution.
• Excellent organizational skills, ability to use initiative and work with minimum supervision while ensuring that Management are fully informed at all times
• Ability to communicate effectively and confidently, orally and in writing, with stakeholders at all levels of seniority including external stakeholders
• Ethical Leadership skills, including the ability to manage risk, compliance and control activities
• Flexibility to balance the compliance requirements with commercial objectives without compromising achievement of the highest standards of compliance
• Strength of character and personal presence to be able to influence senior management and operate effectively at senior levels both internally and externally
• Proven ability to analyze complex business issues and identify, design and implement effective practical recommendations.