JOB PURPOSE

Reporting to the Managing Director KCB Investment Bank Ltd, the role acts as an advisor to the investment banking team as regards Legal, risk and governance aspects of the business with a view of ensuring implementation of all regulatory and internal controls.

DUTIES AND RESPONSIBILITIES

• Review  deal structures and offer legal advice to the Investment Banking team to facilitate best business, legal and governance practice.
• Ensure that all regulatory, legal and other aspects of deals/transactions are in place before a deal is transacted.
• Review  all subsidiary’s contracts to ensure business needs are met and risks averted/mitigated.
• Policy review and development on a needs basis.
• Implement and embed processes for defining, assessing, measuring, monitoring, and reporting risks for the subsidiary and support areas in consultation with the Managing Director.
• Monitor all operational, market and credit risk aspects for the KCB Investment Bank as a subsidiary of the KCB Group
• Ensure that all reports regarding the above risks are submitted in a timely manner where they are required by either the Executive Director of the subsidiary, Group Functions, Chief Risk Officer, Market Risk Officer or Company Secretary
• Report all key exceptions that are not corrected to Managing Director, Chief Risk Officer, Company Secretary and  Internal Audit.
• Daily, weekly and monthly production and distribution of Risk and Compliance Reports to both the Managing Director of KCB Investment Bank and Group Head of Market Risk. Further on a weekly basis prepare the same for the Group Head of Operational Risk and a Quarterly Report to Chief Risk Officer and Director Internal Audit
• Liaise with internal/external auditors and regulators where appropriate.
• Support the Managing Director to ensure compliance with the Group Compliance Policies, Accounting and Operating Procedures and Codes including Money Laundering.

Qualifications and experience

• A Bachelors’ Degree from a recognized institution. (Law)
• Must have professional qualification in Risk Management or CPA (K) or CPS(K)
• Eight (8) years’ experience in the Capital Markets sector, seven (7) of which should be in Legal and Risk Management
• Ability to think through a situation, anticipate business risks and develop adequate mitigating risk management controls.
• Knowledge of operations of the Capital Markets Authority, Nairobi Security Exchange and Central Depository Settlement Corporation
• Knowledge of the regulatory environment and Data Protection Act
• Have thorough understanding of Capital Markets products and services.
• Have experience and relationships with Capital Markets regulatory authorities.