Financial Reporting Centre Positions in Kenya

7) Financial Reporting Centre Compliance & regulation assistant manager Positions in Kenya

Compliance & regulation assistant manager
Vacancy No. FRC/8/2017
Number of Posts: ONE (1)

a) Position Description Reporting to the Director, Legal Services, External Relations & Compliance, he/she will be responsible for the development, implementation and maintenance of compliance programmes to manage risk, meet regulatory obligations and proactively support FRC’s strategic objectives. Working with management and operations staff, he/she will ensure that FRC’s objectives can be achieved while adhering to legal requirements and approved policies and procedures.

b) Duties and Responsibilities

Ensure that company's policies and procedures are in line with the rules associated with financial services locally and review new or revised compliance laws and regulations.

Research, assess, implement, and manage the areas of financial services regulations and laws, Anti—Money Laundering and Terrorist Financing policies and procedures, consumer protection, and public interest laws.

Create, monitor and update the FRC’s compliance, risk and AML policies.

Ensure that strategy is reflected on internal documents and external disclosures to regulators and stakeholders.

Ensure FRC’s corporate and regulatory obligations are met in a timely manner.

Work closely with the Senior Management to oversee compliance procedures and advise on risk management.

Collaborate with Operations staff for day-to-day operations and stakeholder concerns.

Educational Qualifications and Work Experience

A Bachelors in business, accounting, law and other related course from a reputable institution.

Six (6) years’ experience in Corporate Governance or Compliance in the Banking/Financial Services Industry with at least three (3) years in a similar role.

Additional Skills and Competencies

Extensive knowledge of modern principles, techniques and practices of research and investigative methodology, including statistical and mathematical analysis.

Knowledge of the laws that govern the prevention of money laundering and financing of terrorism.

Considerable knowledge of modern methods and techniques of intelligence gathering and analysis.

Proficiency in Microsoft applications. Must be familiar with the Financial Intelligence Act and related legislation.

Knowledge of the inter-relationship between the Unit and Law Enforcement and Prosecutorial Agencies, as well as the regulatory and financial community, both locally and internationally.

Comprehensive understanding of banking and financial products, and financial legislation and policies pertaining to anti-money laundering (AML) and combating financing of terrorism (CFT). Good project management skills.

Excellent research, investigative, analytical, critical thinking, problem solving and decision making skills.

Sound oral and written communication skills inclusive of interviewing and report writing skills.

Strong interpersonal skills.

Ability to work in team environment.

Ability to achieve monthly individual targeted performance goals.

Ability to learn and use in-house software monitoring system.

Ability to perform internet and bank systems research, including: Bankway, Intracheck, OS Check and IS View.

Must possess the ability to make logical interpretation of account activity.

8) Financial Reporting Centre Director, information technology services Opportunity Positions in Kenya
Director, information technology services
Vacancy No. FRC/9/2017
Number of Posts: One (1)

a) Position Description Reporting to the Chief Executive Officer he/she will be responsible for ensuring the provision of timely, secure, relevant and adequate informational and communications technology solutions for FRC. This will include developing and implementing ICT strategies and policies to enhance FRC’s operational capability to detect and prevent money laundering.

b) Duties and Responsibilities]

Provide leadership in the definition, development and implementation of ICT strategy and policies in line with the strategic plan of the FRC.

Develop and design innovative and effective IT architecture to enhance operational readiness and quality service.

Ensure the development of actionable work plans to monitor implementation of the department's strategic objectives.

Continuously analyze corporate requirements for

the FRC to determine their technology needs.

Oversee the installation and management of all servers.

Plan, organize, direct, control and evaluate the operations of information systems and electronic data processing.

Provide leadership in the development and implementation of policies and procedures for electronic data processing and computer systems operations and development.

Ensure safety and security of facilities, infrastructure and information.

Provide advice to staff on security policy including breach and/or change in password or security status.

Oversee the monitoring and maintenance of the computer systems and networks.

Provide oversight for the development and management of the FRC website.

Ensure installation and configuration of computer hardware, operating systems and applications is done.

Ensure the maintenance of accurate inventory of technology hardware, software and IT resources.

Ensure timely provision of support for users of IT facilities and services.

Oversee the development of on-line reporting procedures.

Ensure effective orientation for new users of existing technology, and training of users on new systems.

Ensure the preparation of monthly and annual financial statements, budgets, checks and protocols for the department. Monitor management information on the department's financial position.

Set the departmental targets for the team, review the department's performance on a quarterly basis and provide support to the team in achieving their targets.

Spearhead training, development, supervision, guidance and mentoring of staff in the department.

Ensure compliance with employment regulatory requirements and reporting.

Continually review and assess the effectiveness and efficiency of ICT policies, procedures and processes and identify improvement opportunities.

Keep abreast of local and global best practices, articulate implications for the IT function and the FRC and make recommendations to the Chief Executive Officer.

Educational Qualifications and Work Experience

Six (6) years’ experience in a similar position in a financial institution, government agency, international organization or relevant private sector organization.

A Bachelor's degree in Computer Science, Information Science, and Information Technology, Business Information Technology or any equivalent qualification from a recognized institution.

Microsoft Certified Systems Engineer (MCSE), Cisco Certified Network Administrator (CCNA) or any other equivalent qualification from a recognized Institution.

A Master's degree in Computer Science, Information Science, Information Technology, Business Information Technology or any equivalent qualification from a recognized institution will be an added advantage.

Additional Skills and Experience Understanding of the FRC's responsibilities together with a working knowledge of Kenya's anti-money laundering and counter terrorism financing regime.

Demonstrated strong stakeholder relationship management. Track record of providing intellectual leadership, delivering high quality results with notable achievements.

Financial and business management knowledge and skills.

Excellent proven interpersonal, verbal and written communication skills.

Demonstrated ability to manage and supervise staff.

Experience in working with a Board.

Effective decision making, problem solving and mediation skills.

Demonstrated ability to share skills and knowledge with others.

Proficiency with office computer equipment and software.

Demonstrated ability to prioritize tasks and manage high workloads

How to apply
Interested applicants who meet the above requirements are advised to submit their applications via email to the email address esdfrc@kpmg.co.ke quoting the reference number of the vacancy on the subject line.
The application shall include:
a) A detailed CV
b) Current and expected remuneration
c) Contact information of three references
d) Scanned Copies of academic and professional certificates Applications close 25 August 2017 at 1700 Hrs The financial reporting centre is an equal opportunity employer.

Only shortlisted candidates will be contacted. Shortlisted candidates will be required to bring the following documents during the interviews;
a) Copies of clearance certificates from the organizations mentioned above.
b) Original copies of academic and professional certificates.