Regulatory Compliance Manager at Equity Bank Kenya

Description

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

We are looking for a Regulatory Compliance Manager to ensure that our operations and business transactions follow all relevant laws, regulations and internal policies.  He/she will support their line manager by ensuring there is 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.

• Manage the team providing regulatory compliance support to Equity Group and subsidiaries

• Oversee regulatory compliance by the business by undertaking gap analysis, recommending and advising on appropriate remediation on the gaps in the bank policies;
• Ensure compliance with regulatory risk guidelines and best practices;
• Engagement with Regulators, managing regulatory relationships
• 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 Executive and Board risk reports for review by line manager
• Prepare reports intended for consumption by the regulator and other external users;
• Regularly advise line manager on key regulatory lapses in the business;
• Support 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 2 years’ relevant experience.
• In-depth knowledge of regulatory environment and key regulatory guidelines

 Essential Knowledge

• Broad range of experience in the financial services industry
• 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
• 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
• Proven ability to analyze complex business issues and identify, design and implement effective practical recommendations.