Compliance Officer - Regulatory Compliance

The role holder is responsible for ensuring that the bank is compliant with all the relevant laws and regulations that govern the Bank’s business through management and implementation of legislative/regulatory compliance risk framework within the standards set by the Bank. The role holder will also review procedures, policies, systems, and controls to ensure they facilitate the achievement of overall HFCB Limited goals and objectives by complying with regulatory, statutory and organizational standards, policies, procedures and guidelines.

• Development & timely updating of a Comprehensive Compliance self – Assessments attestations for Branches and Head office Departments in reference to Bank policies, procedures and circulars issued from time to time.
• Conduct independent compliance reviews as scheduled for Branches and Head office Departments to ensure continuous improvement of the Banks Compliance posture by employing a risk-based approach and placing emphasis on high-risk areas.
• Maintain an updated internal compliance logs and tracking internal non-compliance logs with the key stakeholders and sharing status reports with the compliance manager.
• Conduct regular regulatory compliance reviews for acts, legislations & CBK Prudential guidelines as scheduled with timely communication of findings and advise on the Banks regulatory compliance posture risk, tracking closure actions and escalate long outstanding items.
• Provide advisory and recommendations on compliance and financial crime matters towards advancing business objectives while meeting legal and regulatory requirements.
• Promote a strong internal control environment including, but not limited to, assisting in providing a clear definition and understanding of what constitutes compliance risk events and apprising business units on various elements that impact compliance risk.
• Research and keep abreast of any changes to laws and regulations and ensure the management is updated.
• Participate in the review and/or development of new or existing policies and procedures and ensure they are in tandem with regulatory and/or statutory requirements.
• Liaise and collaborate with internal Audit to identify areas of non-compliance and ensure adequate follow up to have issues closed.
• Review all regulatory returns submitted to Central Bank of Kenya (CBK) and other statutory bodies to confirm HFCB limited is compliant.
• Assist in preparation of monthly RMC reports providing updates on matters related to compliance with statutory and regulatory requirements.
• Organize and participate in the training and sensitization of the staff on the relevant Regulatory and Statutory requirements and obligations.
• Undertake other activities as may be assigned by management from time to time.

• Bachelor’s degree in commerce, Finance, Banking, Law, Risk Management or a related field
• 5 years’ experience in the Banking industry and at least 3 years in a compliance role handling regulatory compliance

• Deep knowledge and effective application of all relevant banking policies, processes, procedures and guidelines.
• Ability to understand and document workflows and business processes 
• Strong analytical and monitoring skills
• Good report writing and presentation skills
• Communication skills
• I.T. Skills (Ms office)
• Team player
• High levels of professionalism and professional development.
• Honest with impeccable integrity (high ethical standards)