Description:
Our client, a leading Pan-African bank in Kenya, is seeking an experienced Director of Risk and Compliance to lead the strategic development and execution of risk management and compliance programs.The ideal candidate will be responsible for safeguarding the organization against financial, operational, and regulatory risks, ensuring compliance with local and international standards, and fostering a culture of risk awareness across all levels of the organization.
What Youll Be Driving: Strategic Risk Management: Develop and implement an enterprise risk management framework that aligns with organizational goals. Identify, assess, and mitigate financial, operational, regulatory, and reputational risks. Provide strategic risk insights and recommendations to the executive team and Board of Directors. Continuously monitor emerging risks and industry trends to adjust risk strategies proactively. Regulatory Compliance: Ensure the organization's compliance with all relevant local and international regulations and industry standards. Develop, implement, and oversee compliance policies, procedures, and control mechanisms. Liaise with regulatory bodies, ensuring timely and accurate reporting and audits. Conduct compliance training programs to enhance organizational awareness and adherence. Governance and Reporting: Establish and maintain governance frameworks to support business objectives and regulatory compliance. Prepare and present risk and compliance reports to the board and senior management. Develop key risk indicators (KRIs) and compliance metrics to track and report on organizational performance. Drive improvements in internal controls and risk reporting processes. Operational Risk Management: Implement operational risk management frameworks to enhance business resilience. Conduct risk assessments and scenario planning to anticipate potential challenges. Collaborate with internal departments to embed risk mitigation strategies into day-to-day operations. Financial Crime Prevention: Oversee Anti-Money Laundering (AML), fraud prevention, and anti-bribery initiatives. Ensure compliance with Know Your Customer (KYC) and Customer Due Diligence (CDD) requirements. Work closely with audit and legal teams to strengthen the financial crime compliance framework. Stakeholder Engagement: Act as a key liaison with regulatory authorities, Auditors, and other external stakeholders. Provide risk and compliance advisory to business units, ensuring alignment with organizational objectives. Foster relationships with industry peers to stay updated on best practices an
02 Mar 2025;
from:
gumtree.co.za