Summary
Date Posted: Tuesday, February 25, 2020 , Base Salary: Not Disclosed

JOB DETAILS:
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 related services. The Bank has subsidiaries in Kenya, Uganda, South Sudan, Rwanda and Tanzania. Its shares are listed on the Nairobi Securities Exchange and Uganda Securities Exchange. Equity Bank was founded as Equity Building Society (EBS) in October 1984 and was originally a provider of mortgage financing for the majority of customers who fell into the low income population.
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. .

Responsibilities;
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

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

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
• 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

Job Education Requirements: Not Specified

Job Experience Requirements: Not Specified

Work Hours: 8

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