Compliance Manager, Trustee Services at KCB Bank Kenya

Responsibilities

• Review transactions conducted by the Custodians, Fund Managers and Administrators to confirm Unit Trust Funds comply with Collective Investment Schemes Regulations, Regulatory Guidelines and Practice Notes, and KCB policies and procedures.
• Review pension scheme transactions to ensure compliance to Retirement Benefits Act and Regulations, Capital Markets Authority Act and Regulations, and the scheme Trust Deed and Rules. 
• Ensure all incorporation documents for schemes under management are held, up to date and lodged in safe custody.
• To process all requests for approval from fund managers, administrators, auditors, and custodians in a timely manner.
• Undertake annual KYC/AML reviews for clients under management.
• Preparation of compliance reports for clients under management.
• Responsibility for tracking closure of all non-compliance matters identified during the client compliance reviews.  
• Ensure billing and collection of Trustee Services fees.
• Maintain the Trustee Services Risk Register and ensure resolution of identified risk matters. 

Qualifications & Experience

• University Degree in Business Administration, Economics, Finance, Banking, or its equivalent from a recognized institution.
• Capital Markets Program Certification (CISI)
• Trustee Development Program Certification 
• Three (3) years’ experience in Trustee Services sector, one (1) of which should be in Relationship Management
• Excellent understanding of the industry regulations for provision of Trustee Services 
• Excellent problem-solving skills.
• Compliance and risk management skills