5 Jun 2016

Stanchart Bank Jobs In Kenya. Risk Control Manager 2016

Welcome to Jobwebkenya.com. This website helps you to achieve your career dream by linking you to vacancies from Top Companies in Kenya. Job Seekers are also exposed to best articles for career growth and development. Click Here to Subscribe for Job Alerts We strongly advise graduates not to pay money before getting a Job. Report fraudulent jobs to [email protected]


Manager, Compliance Risk Control Job at Standard Chartered Bank, Kenya
Job ID:515124

Job Purpose

  • The monitoring/reporting of all controls where L&C operate as 1st line Process Owners and the coordination/review/analysis of control test results performed by the businesses/functions where they operate as the 1st line in order to support the identified Risk Owners within Compliance who act as the 2nd line.
  • This supports the provision and oversight of an operational risk profile of Compliance related risks that identifies material risks requiring senior management attention and ensures these are managed in accordance with the provisions of the ORF both at Group and in country.

Key Roles and Responsibilities

  • To assist in conducting the requisite monitoring of controls for processes that are owned by in country Compliance 1st line process owners and deliver the necessary evidence, advice and reporting to facilitate residual risk assessments.
  • To ensure Operational Risk policies/procedures and associated methodology are effectively communicated, understood and embedded across Compliance in country.
  • For processes owned by the businesses and functions where Compliance are the RO’s for the associated risks, assist country teams in undertaking independent analysis of KCI/CST results provided by the 1st line, and working with Operational Risk. Understanding the reason behind any discrepancies, factoring in KRI results to identify any trends. Present findings and brief ROs accordingly as to any discrepancies or concerns to facilitate their residual risk assessments.
  • To conduct a systematic assurance review of control test monitoring that the 1st line perform where Compliance are the RO’s for the associated risks. Present findings and brief ROs accordingly as to any discrepancies to facilitate their residual risk assessments.
  • Assist in performing administrative tasks in the management of Compliance related risks within the bank’s OR systems (KNOX, Optial, Phoenix).
  • To facilitate the tracking of risk acceptances and any requisite root cause reports where Compliance are either the PO or the RO to ensure the relevant parties are kept fully informed of any actions due.
  • Support the Country L&C Head to ensure reporting to CORC is aligned with all Compliance reporting and areas of concern are highlighted.
  • Assist RO’s in any future onboarding of risks and in the ongoing review and refresh of gross risk assessments and their associated controls for which Compliance are responsible.
  • Facilitate an effective flow of communication between Group Compliance OR, the Country Compliance Head, the Compliance
  • Process Owners and Compliance ROs regarding all relevant OR communications/decisions/reporting to ensure all stakeholders are well informed and advised. Also liaise with in country Operational Risk as required to ensure consistency and validity of reporting

Qualifications and Skills

  • Strong analytical skills.
  • Problem solving abilities.
  • High attention to detail.
  • Strong administrative skills
  • Able to interpret and effectively communicate clearly to the business findings / trends and to be able to engage all relevant stakeholders
  • An inquisitive and proactive approach to practices, procedures and specific transactions.
  • Ability to provide training and leadership to country Compliance colleagues.
  • Independence, robustness and resilience.
  • Excellent inter-personal skills and multi-cultural awareness.
  • Strong integrity, independence & resilience.
  • Sound judgment
  • Operational risk management knowledge/experience an advantage
  • Relevant business/function experience.
  • A clear understanding of the Bank’s approach to the management of operational risk, or equivalent experience gained in other Organisations


How to Apply

Click here to apply




Dont Miss Latest Jobs In Kenya. Subscribe Today. CLICK HERE


Apply for this Job