Compliance & Enterprise Risk Manager at Equity Bank

Description

In line with enhancing career progression of staff and to support the business growth, Equity Investment Bank is looking for an experienced Enterprise Risk & Compliance Manager to serve as the mandated Compliance Officer for EIB and also embed and maintain an effective Enterprise Risk Management Framework across the business ensuring any risks and regulatory requirements for the business are identified, assessed and measures put in place to mitigate or reduce the risk in accordance with regulatory compliance requirements, approved risk tolerance, risk appetite and strategic plans.

Reporting to the Head Equity Investment Bank the successful candidate will be tasked with:

• Provide leadership in implementing an effective risk and compliance framework in EIB including taking the lead in compliance governance oversight.
• Discharge all the duties and responsibilities of Money Laundering Reporting Officer as required by the regulations.
• Monitor compliance with regulatory requirements prescribed under the law and regulations.
• Responsible for independent reporting to Board on compliance matters including giving assurance on the manner EIB is handling any compliance breaches on regulatory requirements.
• Responsible for the coordination, management and reporting of all risks, issues, incidents and losses across the Investment Banking businesses on a quarterly basis, ensuring appropriate corrective/preventative actions are in place to address the root cause, timescales to correct are realistic and actions are closed off.
• Work closely with senior management to rectify any compliance gaps identified
• Prepare and submit an annual corporate governance report to Board and senior Management
• Liaise with the Regulator on behalf of EIB particularly on response to queries
• Work collaboratively and proactively with the Group Head of Risk and Compliance and the wider Risk team to manage the risk management function in line with regulatory and ERM requirements.
• Responsible for regulatory reporting and approval across all products.
• Monitor trade and transaction reporting, logging and resolving reporting issues by liaising with the applicable Trading Venue, ARM, APA, third-party service providers and software development teams.
• Taking full ownership of issues, tasks and ad-hoc queries, maintaining records and ensuring closure.
• Responsible for the completeness and accuracy of all applicable static data required for regulatory report submissions.
• Manage reconciliations and investigate anomalies.
• Enhance existing policies and processes and specify change requests to procedures and software.
• Test the relevant system and software implementations and updates, creating test procedures, logging and tracking issues.
• Ensuring that the relevant data protection and data retention obligations are being adhered to.
• Maintaining the relevant content within the firm's business continuity plans 

Qualifications

• A Bachelor’s degree in Economics, Law, Statistics, or similar field.   
• A professional certification in accounts or CISI Accreditation is an added advantage
• Minimum of 4 years’ relevant experience.
• In-depth knowledge of regulatory environment and key regulatory guidelines
• Extensive experience in Financial Services with a comprehensive understanding of Regulatory Compliance and Enterprise Risk Management.
• Very good understanding of the regulatory environment relating to regulatory reporting e.g. Capital Markets laws and regulations, MiFID, POCAMLA, Data protection laws, FATCA etc.
• Prior proven and demonstrable experience of risk and compliance management in the Financial Services environment
• Industry awareness and ability to think intuitively and autonomously
• Possess strong senior stakeholder management and influencing skills, to engage effectively with others, providing direction and challenge where required and an ability to build and maintain relationships
• Time management - able to manage competing demands
• Building effective and strong relationships with colleagues and external partners with the ability to facilitate collaboration