Manager – Compliance at DIB Bank Kenya

Key Responsibilities

• Develop and or establish Compliance framework comprising of Charter, Policies & Procedures.
• Establish a risk-based Compliance Program to identify, measure and assess  Compliance risks in Products, activities & processes of the Bank in accordance with the  Compliance framework.
• Ensure adequacy, effectiveness & efficiency of Group Compliance functions & Compliance Controls ( i.e., regulatory Compliance, Financial Security, Market abuse, Suitability, Deontology, Conflict of Interest etc) in accordance with regulatory & policy requirements. 
• Cause to increase  Compliance knowledge of the organization through training and awareness programs.
• Review the investigations on “Red flags”, escalate suspicious, dubious & or fraudulent names/accounts &/or transactions and report it to senior management & Board Audit Committee.
• Report material findings, anomalies & recommendations pertaining to Regulatory & or financial crime related issues to senior management and Board Members.
• Have oversight of all compliance monitoring activities 
• Effectively function as Money laundering Reporting Officer & liaise with Regulator for regulatory instructions, advises and communication for compliance purposes.
• Provide guidance & advice to relevant functions within DIB Group towards strengthening regulatory compliance and mitigating Compliance risks.
• Ensure participation in relevant committees, reviews and preliminary investigations to consider & highlight Compliance issues/ risks and make recommendations for enhancing compliance controls.
• Procure tools & systems as required, for carrying out Compliance functions and specifically financial Security functions (including monitoring and data mining tools for review of transactions).

Education:

• Minimum Bachelor Degree in Business or Accounting.
• Master’s Degree or above plus Professional qualifications in Risk & Control professions, i.e., Audit, Compliance etc.

Training/Skills

• Awareness and knowledge of Audit, Risk Management, Governance & or Compliance in a banking environment.

Work Experience :

• Minimum of  10- 12 years in Risk & Control professions, i.e., Audit, Compliance, etc

Competencies:

• Analytical, Communication & Negotiation skills, Presentation skills.
• Good knowledge of Islamic banking operational process.