Senior Manager, Risk and Compliance at KCB Bank Kenya

JOB DESCRIPTION

Grants Compliance: 

• Develop and implement a targeted, risk-based compliance review and monitoring plan for KCBF.
• Ensure that all funded projects comply with grant terms, regulations, and reporting requirements.
• Develop and maintain robust systems and processes to track grant-related activities, expenditures, and outcomes effectively.
• Conduct compliance reviews and audits to evaluate adherence to grant requirements and mitigate potential risks.
• Oversee all phases of KCB Foundation's sub-granting processes, from award to close-out, including pre-award assessments, preparation of sub-award agreements, and internal approvals. Additionally, review cash disbursement requests for accuracy and compliance with sub-agreements, and monitor and evaluate sub-grantees' performance.
• Monitor sub-award periods and spending trends for grantees, and collaborate with project teams to request and implement any necessary modifications promptly.
• Assist in the sub-grantees' audit process and take corrective action to address findings identified in audit reports, including resolving questioned or unresolved cost items.
• Support project teams in establishing robust systems by providing expert advice on the interpretation and applicability of donor rules and regulations, including those of USG, EU, multilateral, and bilateral donors, and donor funds such as GCF and GEF.
• Conduct research and document applicable donor policies, advising on the allowability of project costs and interpreting donor agreement terms and conditions.
• Collaborate closely with the Senior Manager of Finance and Administration and other organizational peers (e.g., Supplies, Legal) as needed to draft new sub-agreements and amendments.
• Review certifications, assurances, and other statements for both KCB Foundation and sub-grantees.
• Prepare regular and ad hoc management reports and analyses that facilitate decision-making and provide effective support and information.

Capacity Building: 

• Provide comprehensive guidance and training to staff members on grant compliance policies, procedures, and best practices.
• Identify capacity-building needs for grantees and collaborate with peers and stakeholders to design tailored training packages, ensuring post-training follow-up and documentation.
• Plan, prepare, and provide training on risk and compliance across the Foundation teams.
• Support KCBF’s programs in developing effective risk management frameworks for their Foundation-related initiatives.

Risk Management: 

• Liaise across the Foundation in providing 360-degree assessment of the entire spectrum of risks, including but not limited to strategic, operational, reputational, compliance risks, and recommending up to date and adequate compliance and mitigation controls.
• Ensure that the risk management framework for the Foundation is consistent with the Group Enterprise Risk Management frameworks.
• Monitor, assure and alert on the adequacy of implementation and effectiveness of KCB Foundation policies. 
• Liaise with Group risk office to ensure effective implementation of Group policies adopted by the Foundation.
• Be liaison for the Foundation with other Group functions in managing cross-cutting risks within the Group that impact on the Foundation.
• Be the custodian of KCBF policies and standard operating procedures and ensure their revision/updating as required, obtaining required internal approvals and maintaining the KCBF policy catalogue version control.
• Maintain advisory, tracking and reporting to management on emerging risks within the Foundation space, regulatory issues and trends, and work with respective areas in the Bank to develop the Foundation’s resilience towards risk exposures.
• Conduct regular internal risk control self-assessments to ensure the Foundation is at all times prepare to mitigate any risks that may materialize.
• Provide effective liaison with internal auditors, external auditors and other regulatory agencies in collaboration with relevant Group functions. 
• Coordinate the closure of all internal and external audit issues as well as track actions on the Foundation’s risk register.

Safeguarding

• Mainstreaming of safeguarding throughout the KCB Foundation’s operations.

MINIMUM POSITION QUALIFICATION REQUIREMENTS

Academic & Professional

Education

Bachelors Degree RQ

Professional Qualifications

• Relevant Risk or professional certification, e.g. GARP Level II, GARP ICBRR, IRM, PRMIA RQ 
• Masters Degree MBA/MSC/MA/MPhil in any relevant area AA 

Experience

Total Minimum No of Years Experience Required

6 years

DetailMinimum No of YearsNeed Type[2]

• Risk Management 6ES
• Nonprofit Risk Management 4DE
• Policies Development 2ES
• Banking Operations 2ES
• Audit 1DE
• Stakeholder management 5ES