Equity Bank Limited (The "Bank”) is incorporated, registered under the Kenyan Companies Act Cap 486 and domiciled in Kenya. The address of the Bank’s registered office is 9th Floor, Equity Centre, P.O. Box 75104 - 00200 Nairobi. The Bank is licensed under the Kenya Banking Act (Chapter 488), and continues to offer retail banking, microfinance and relat...
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The role of the Head of Financial Risk is to oversee and manage the financial risk management function within the bank. He/ She will help to identify, assess, and manage various financial risks that may impact on the bank’s financial stability and performance. The Head of Financial Risk is responsible for developing risk management strategies, implementing risk frameworks, and ensuring compliance with regulatory requirements.
Key Responsibilities
- Risk Management Strategy: Develop and implement the overall financial risk management strategy aligned with the organization's goals and risk appetite. Identify and assess financial risks, such as credit risk, liquidity risk, market risk, and develop appropriate risk mitigation strategies.
- Risk Framework and Policies: Establish and maintain a robust risk management framework and policies that align with industry best practices and regulatory requirements. Ensure the framework is effectively communicated and implemented throughout the bank.
- Regularly review and update risk policies to reflect changing business and regulatory environments.
- Risk Identification and Assessment: Identify, assess, and monitor financial risks across Equity Bank Kenya Limited (EBKL). Conduct risk assessments to evaluate the potential impact and likelihood of risks materializing. Implement risk measurement techniques, such as stress testing, scenario analysis, and sensitivity analysis, to quantify risks and inform risk management decisions.
- Risk Reporting: Prepare and present regular risk reports to senior management and the board of directors. Communicate key risk metrics, trends, and emerging risks. Provide recommendations for risk mitigation strategies and necessary actions to ensure effective risk management.
- Regulatory Compliance: Stay up-to-updated on relevant regulatory requirements and ensure EBKL’s compliance with risk management regulations. Monitor regulatory changes and assess their impact on the bank's risk profile. Coordinate with compliance teams to ensure timely implementation of risk-related regulatory changes.
- Stakeholder Engagement: Collaborate with internal stakeholders, including senior management, business units, risk functions, and compliance teams, to gather necessary information and ensure effective risk management.
- Engage with external stakeholders, such as auditors, regulators, and industry associations, to stay informed about best practices and industry trends.
- Financial Risk Committee and Governance: Participate in existing risk governance structures. Provide leadership and guidance to risk committees, ensuring effective risk oversight and decision-making. Collaborate with other governance functions, such as Audit or Compliance, to ensure a coordinated approach to risk management.
Qualifications
Qualifications And Experience
- Bachelor's degree in finance, economics, risk management, or a related field. Advanced degrees or professional certifications (such as FRM or PRM) are preferred.
- Extensive experience in financial risk management, risk analysis, or related roles within a financial institution or corporate environment. Previous experience in a leadership or management role is required.
- In-depth knowledge of financial risk management principles, practices, and regulatory requirements.
- Strong understanding of various financial risks, including credit risk, liquidity risk, & market risk
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Responsible for overseeing the identification, assessment, mitigation, and monitoring of all non-financial risks within Equity Bank Kenya Limited (EBKL), including operational, reputational, legal, cyber security, and environmental risks, ensuring the business operates within its risk appetite and adheres to relevant regulations, while collaborating closely with various business units to proactively manage these risks.
Key Responsibilities
Risk Identification and Assessment:
- Develop and implement a comprehensive non-financial risk framework to identify, categorize, and prioritize potential non-financial risks across EBKL.
- Conduct regular risk assessments using appropriate methodologies to evaluate the likelihood and potential impact of non-financial risks.
- Monitor emerging risks and trends within the industry and regulatory landscape to proactively address potential threats.
Risk Mitigation and Control Strategies:
- Design and implement effective risk mitigation strategies, including controls, policies, and procedures to address identified non-financial risks.
- Work with business units to embed risk management practices into their operations and decision-making processes.
- Oversee the implementation of control measures and ensure their effectiveness through ongoing monitoring and testing.
Risk Reporting and Communication:
- Prepare regular reports summarizing non-financial risk profiles, including key risk indicators (KRIs) and potential impacts, for senior management and the board of directors.
- Communicate risk information clearly and concisely to stakeholders, ensuring transparency and alignment on risk management priorities.
- Facilitate open dialogue with business units regarding risk management challenges and opportunities.
Regulatory Compliance:
- Ensure adherence to all relevant regulatory requirements related to non-financial risks, including compliance with data privacy, environmental regulations, and anti-money laundering laws.
- Stay updated on regulatory changes and proactively adapt risk management practices accordingly.
Team Leadership and Development:
- Build and lead a high-performing team of non-financial risk professionals responsible for risk identification, assessment, and mitigation across different business lines.
- Develop and implement training programs to enhance the risk awareness and management capabilities of employees across the organization.
Qualifications
Qualifications And Experience
- Bachelor's degree in finance, economics, risk management, or a related field. Advanced degrees or professional certifications (such as FRM or PRM) are preferred.
- Deep understanding of non-financial risk management principles and frameworks: including operational risk, legal risk, compliance risk, reputational risk, cyber security risk, and environmental risk.
- Extensive experience in non-financial risk management, risk analysis, or related roles within a financial institution or corporate environment. Previous experience in a leadership or management role is required.
- In-depth knowledge of non-financial risk management principles, practices, and regulatory requirements.
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The Head, Risk Governance is responsible for establishing and maintaining a comprehensive risk governance framework to ensure that all policies, procedures, and risk management frameworks across the bank are well-defined, regularly reviewed, and effectively implemented. This role ensures compliance with regulatory requirements and best governance practices, promoting a strong risk culture across Equity Bank Limited Kenya.
Key Responsibilities
Policy and Framework Development
- Develop, implement, and maintain a comprehensive risk governance framework for the bank.
- Support business process re-engineering to ensure that processes are lean, efficient and effective through the elimination of non-value adding activities and identification of opportunities that support/drive the migration of transactions to economically viable alternative electronic delivery channels.
- Support other subsidiaries within the Group in matters processes, policies and procedures review.
- Establish and continuously review the bank’s policies, procedures, and guidelines to align with best practices and regulatory requirements.
- Ensure that risk governance policies cover all key risk areas, including financial, operational, credit, market, fraud, ESG, and strategic risks.
Policy Review and Improvement
- Lead the periodic review and enhancement of policies to reflect changes in business strategy, regulatory requirements, and risk environment.
- Work closely with business units, legal, compliance, and risk teams to ensure policies are well-embedded within the bank’s operations.
- Conduct gap analysis and benchmarking against global risk governance best practices.
- Provide risk governance insights to support decision-making at the executive level.
Regulatory Compliance and Liaison
- Ensure all policies and governance frameworks comply with CBK (Central Bank of Kenya) regulations, Basel III guidelines, and corporate governance codes.
- Act as the primary liaison with regulators, auditors, and external stakeholders on governance matters.
- Coordinate internal and external audits, ensuring timely implementation of audit recommendations.
Risk Culture and Training
- Foster a strong risk governance culture within the organization through training and awareness programs.
- Develop and implement capacity-building initiatives for staff on governance, compliance, and risk management.
- Ensure risk governance principles are embedded in the bank’s decision-making processes.
Enterprise-Wide Risk Management Support
- Work closely with the Heads of Non-Financial Risk to ensure governance frameworks support effective risk oversight.
- Ensure alignment of risk governance with the bank’s strategic objectives.
- Continuously assess governance processes to identify and mitigate emerging risks
Qualifications
Qualifications And Experience
- Bachelor’s degree in law, Business Administration, Finance, Risk Management, or a related field.
- A master’s degree in governance, Finance, Risk, or Business Administration is an added advantage.
- 8+ years of experience in risk management, governance, compliance, or policy development in the banking sector.
- Proven experience in developing and implementing governance policies and frameworks.
- Strong background in regulatory compliance and enterprise risk management.
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- The Card Services Technical Lead is responsible for implementing all Card Services by integrating channels to the Way4 Switch. This includes managing a team of engineers to build scalable RESTful APIs, application logic, and integrations with internal and external systems to deliver efficient card services to customers.
the KEY responsibilities (DUTIES):
- Design and implement card management solutions and services
- Develop and implement APIs and microservices for banking system integration
- Collaborate with front-end and back-end teams to ensure a seamless user experience
- Ensure compliance with PCI/DSS standards
- Maintain high system availability, security, and performance
- Design scalable and reliable components for current and future needs
- Write clean, maintainable, and efficient code in .NET
- Build and maintain RESTful APIs in C#
- Develop and execute unit, integration, and performance tests
- Troubleshoot and fix bugs to ensure system stability
- Manage deployment processes and support production releases
- Monitor system performance and proactively resolve issues
- Collaborate with frontend and mobile app developers on API specifications
- Participate in Scrum ceremonies and Azure DevOps task breakdowns
Qualifications
KEY TECHNICAL AND LEADERSHIP competencies REQUIRED FOR SUCCESS IN THE ROLE:
- Expertise in C#, Java, .NET, REST/SOAP APIs
- Deep knowledge of ATM Switch (WAY4), Finacle Core Banking
- Familiarity with PCI/DSS, ISO 8583, OAuth, JWT
- Experience with Docker, Kubernetes, SQL Server, Oracle, MongoDB
- Strong system design and microservices architecture skills
- Experience with Kafka, gRPC, and API management
- Agile mindset, strong communication, and collaboration skills
Experience requirementS:
- 8+ years in software development
- Experience in financial services and card systems
- Proven track record in system integration and API development
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To oversee the design, monitoring, and continuous improvement of IT process control compliance across all technology functions within the Group. The IT Process Controls Compliance Manager ensures that all IT processes and services operate in alignment with Group policies, regulatory requirements, and international standards such as COBIT 2019, ISO 27001, ITIL4, ISO 20000, NIST CSF, and Centrals banks based on ICT Risk Management Guidelines.
The role provides independent oversight and assurance over IT control performance, control testing, and compliance reporting to drive a robust governance posture and reduce operational and regulatory risks.
Key Functional Areas and Duties
IT Process Control Framework Management
- Develop, implement, and maintain the Group IT Process Control and Compliance Framework.
- Define control objectives and key control indicators (KCIs) across IT operations, cybersecurity, infrastructure, and service management.
- Integrate process control compliance with COBIT, ITIL, and ISO frameworks.
- Conduct periodic reviews of process controls and ensure design adequacy.
Control Testing and Compliance Oversight
- Lead the execution of control testing programs for IT processes and systems.
- Monitor control implementation and assess operational effectiveness.
- Track, validate, and report on control deficiencies and remediation progress.
- Maintain an inventory of IT process controls mapped to governance domains.
Policy and Regulatory Alignment
- Ensure alignment of IT process controls with Group policies, regulatory guidelines, and audit requirements.
- Oversee compliance with CBK ICT guidelines, ISO 27001, and PCI DSS standards.
- Serve as liaison with Internal Audit, Compliance, and Risk functions on IT process control matters.
Reporting and Metrics
- Develop dashboards and scorecards to report IT process control performance.
- Prepare quarterly compliance reports for the CIO, Risk, and Audit Committees.
- Provide insights into emerging process risks, control gaps, and optimization opportunities.
Continuous Improvement and Awareness
- Promote control awareness and embed a control-oriented culture within IT operations.
- Recommend automation solutions for control testing and evidence collection.
- Conduct control maturity assessments and drive improvement initiatives.
- Facilitate training for IT staff on control design, testing, and compliance principles.
Qualifications
Academic Qualifications
- Bachelor’s degree in Information Technology, Computer Science, or related field.
- Experience in similar role or function at least 3-4 Years
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To support the design, implementation, monitoring, and continuous improvement of the Group’s IT Governance, Risk, and Assurance framework. The role ensures adherence to Group IT policies, regulatory requirements, and international standards (COBIT 2019, ISO 270001, ISO 20000 and Central bank based on ICT Guidelines) by conducting control testing, monitoring compliance, managing data for audits, and contributing to maturity improvements.
Key Functional Areas and Duties
Governance Framework Support
- Maintain and periodically update the Group IT Governance and Control Library.
- Map IT controls to governance domains (COBIT, ISO, ITIL4).
- Support governance maturity assessments and prepare improvement reports.
- Assist in policy and standards review, version control, and harmonization.
- Track governance KPIs, KRIs, and KCIs across business units.
IT Assurance and Audit Coordination
- Participate in control effectiveness testing and audit evidence preparation.
- Track and monitor IT audit findings closure and management responses.
- Maintain an assurance register and audit tracker dashboard.
- Support periodic assurance reviews on cybersecurity, change management, and infrastructure.
Risk & Compliance Monitoring
- Conduct IT risk control self-assessments (RCSAs).
- Review control designs and identify gaps in IT operations and projects.
- Ensure compliance with CBK ICT Guidelines, ISO 27001, and internal IT policies.
- Provide input to the IT risk register and control testing logs.
Reporting and Documentation
- Prepare periodic assurance reports for internal review.
- Maintain IT governance dashboards and metrics using data analytics tools.
- Support governance and audit committee presentations.
Continuous Improvement and Awareness
- Participate in governance training and policy awareness sessions.
- Identify process improvement opportunities and automation potentials.
- Maintain repository of lessons learned from audits and reviews.
Key Deliverables
- Updated IT Governance and Control Library.
- Quarterly Governance and Compliance Dashboard.
- IT Assurance Testing Reports and Action Tracker.
- Policy Compliance Review Reports.
Key Strategic Initiatives to Drive
- Governance automation and dashboard integration.
- Standardization of IT control documentation across business units.
- Continuous improvement of assurance testing efficiency.
Qualifications
Academic Qualifications
- Bachelor’s degree in information technology, Computer Science, Information Systems, or related field.
- Experience in similar function or responsibilities for at least 2-3 years
Method of Application
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