JOB PURPOSE

• To ensure that the Bank’s overall risk & compliance framework, specifically under internal processes and procedures, regulatory, statutory, KYC & AML guidelines is acceptable and there is full compliance to the same within the bank. To carry out risk assessments and advice on areas of improvement.

KEY RESPONSIBILITIES

• Identify and assess the compliance risks associated with the bank’s current and proposed future business activities, including new products, new business relationships and any extension of operations or network on an international level
• Conduct Risk assessments and develop Key risk indicators for monitoring and reporting
• Maintain and update the bank Risk registers
• Stress testing of the various key risks facing the bank
• Conduct internal AML and KYC trainings as provided by CBK prudential guidelines.
• Carry out compliance review and Snap checks on compliance with banks internal procedures and policies
• Monitor implementation of Audit recommendation
• Review transactions to ensure that high Value transactions are identified and appropriately reported to the regulator
• Prepare and file the monthly, quarterly compliance reports to the CBK
• To perform any other duty as assigned in line with the organization goals and objective

QUALIFICATION AND EXPERIENCE REQUIREMENTS

• University degree in Accounting, Commerce, Economics or Business Management/Administration or related business degree
• Certified Chartered Accountant/ Certified Public Accountant.
• Current member of Institute of Certified Public Accountants of Kenya
• (ICPAK) with a valid membership Certificate
• CISA (Certified Information Systems Auditor) and or CIA (Certified Internal Auditor) qualifications will be an added advantage
• 3 years’ experience in banking

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