Head of Risk & Compliance (Financial Service) – Nairobi, Kenya

Job Summary

Our client a dynamic Fintech Company based in Nairobi is seeking to recruit a Head of Risk & Compliance.

  • Minimum Qualification: Bachelor
  • Experience Level: Mid level
  • Experience Length: 8 years

Job Description/Requirements

The successful candidate will lead the Risk and Compliance function and be responsible for providing high level strategic direction to the Group's senior management on risk related matters as well as holding the ethical integrity of the company and ensuring that business operations are compliant with all legal requirements and company policies. The ideal candidate Must have experience in the Financial Sector.

Key Responsibilities:
•    Develop and implement an effective legal compliance program for all our operational business across the world.
•    Create sound internal controls and monitor adherence to them.
•    Draft and revise company policies.
•    Proactively audit processes, practices, and documents to identify weaknesses.
•    Evaluate business activities to assess compliance risk.
•    Set plans to manage a crisis or compliance violation.
•    Educate and train employees on regulations and industry practices.
•    Keep abreast of internal standards and business goals.
•    Design, implement and lead a global risk management strategy for the organisation.
•    Support the ExCo on establishing a risk aware culture.
•    Establish and quantify the organisation's 'risk appetite' and ensure risk approach adheres accordingly.
•    Horizon scan to increase awareness of risks affecting the business.
•    Ensure compliance with regulatory obligations whilst taking a commercial and practical approach to risk-based challenges and offer appropriate solutions.
•    Continual drive for enhanced efficiency and client service (internal and external) in all Risk and Compliance processes.
•    Develop, lead and motivate the Risk and Compliance team to maximise effectiveness.
•    Ensure senior management remain informed of regulatory, legislative and best practice changes and their obligations under these changes and how they impact the Group.
•    Provide regular reports to boards and other relevant bodies detailing any current issues or information as required.
•    Corporate governance involving external risk reporting to stakeholders.
•    Lead the client on-boarding team, driving efficiency in all processes to most effectively adhere to our risk appetite.
•    Manage and coordinate with the In-house Legal team.
•    Providing support, education and training to staff to build risk awareness within the organisation.
•    Provision of proactive and practical regulatory advice to business managers and support functions.
•    Manage the successful delivery of compliance projects ensuring technical excellence and a practical/business driven approach. Support and lead Group projects as assigned.
•    Work closely with key stakeholders to understand the business requirement for projects, develop effective working relationships during project implementation and ensure business as usual ownership is understood by management.

•    Relevant Bachelor’s Degree.
•    At least 8 years’ experience in compliance, risk or governance in multi-national companies.
•    High communication & presentation skills.
•    Solid knowledge of relevant national laws (particularly Kenya & Uganda).
•    Ability to handle confidential information.
•    Ethical, with the ability to remain impartial and report all non-compliances.
•    Organisational skills with attention to detail.
•    Knowledge of legal requirements and controls (e.g., AML/ABC/KYC).
•    Experience in dealing with regulatory bodies.

Monthly gross salary: Open depending on skills & experience.
Deadline: 30th January 2022.

We endeavour to make contact with all of our applicants, but unfortunately high volumes of applications make this unrealistic. If you do not hear from us within two weeks your application has not been successful on this occasion. This does not mean you will not be considered for future roles so please keep an eye on our job board and apply for positions that match your skills and experience

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