Equity Bank Limited (The "Bank”) is incorporated, registered under the Kenyan Companies Act Cap 486 and domiciled in Kenya. The address of the Bank’s registered office is 9th Floor, Equity Centre, P.O. Box 75104 - 00200 Nairobi. The Bank is licensed under the Kenya Banking Act (Chapter 488), and continues to offer retail banking, microfinance and related services. The Bank has subsidiaries in Kenya, Uganda, South Sudan, Rwanda and Tanzania. Its shares are listed on the Nairobi Securities Exchange and Uganda Securities Exchange. Equity Bank was founded as Equity Building Society (EBS) in October 1984 and was originally a provider of mortgage financing for the majority of customers who fell into the low income population. The society’s logo, a modest house with a brown roof, resonates with its target market and their determination to make small but steady gains toward a better life, seeking security and advancement of their dreams. The vast majority of Africans have historically been excluded from access to financial resources. Having been declared technically insolvent in 1993, Equity’s transformation into a rapidly growing microfinance and then a commercial bank is widely considered to be an inspirational success story. Currently, Equity Bank has more than 9 million customers making it the largest bank in terms of customer base in Africa and having nearly half of bank accounts in Kenya. The company’s vision is "to be the champion of the socio-economic prosperity of the people of Africa”. Equity Bank retains a passionate commitment to empowering its clients to transform their lives and livelihoods. Through a business model that is anchored in access, convenience and flexibility, the Bank has evolved to become an all-inclusive financial services provider with a growing pan-African footprint. Equity Bank’s business model and its visionary leadership has continued to earn local, regional and global accolades and recognition. The model is also studied in some of the leading business schools in the world, as other developing countries in Africa and Asia seek to learn from Equity’s low margin, high-volume model. Equity Bank in 2010 established the Equity Group Foundation. This innovation and creative vehicle has fully transformed the concept of philanthropy and corporate social responsibility. While Equity Group Foundation champions the socio-economic transformation of the people of Africa and seeks partnerships along six cluster thematic areas, Equity Bank provides the infrastructure of delivery, hence reducing the operational costs for the Foundation and increasing the rate of return on any social investment. The six social thematic areas of focus are: education and leadership development; financial literacy and access; entrepreneurship; agriculture; health; innovations and environment. Make an enquiry todayRole Purpose The Head of Regulatory Compliance shall support the Group Head, Compliance, Financial Crime and Conduct (CFCC) by working with other Risk and the Business leaders to manage the strategy and execution of the Group’s Compliance risk framework. The role supports the effective management of regulatory Compliance related risks in the Group and provides pro-active, accurate and timely advice to enable all subsidiaries operate in accordance with regulatory requirements, global best practice and applicable Group standards. The role requires good knowledge of Compliance risk frameworks, the potential sources of compliance risk and collaboration with other leaders in the first and second lines of defense to identify, assess, monitor and address such activities. Key Responsibilities Support the Group Head, CFCC to implement and maintain an effective Group Compliance risk framework and provide strategic direction in how they are managed. Collaborate with the other stakeholders to identify, control and assess compliance risk in the Group. Deliver regulatory advice to stakeholders and manage second line processes to ensure privacy & law enforcement, regulatory conduct & reporting, new business & new products, customer complaints, consumer protection, customer conduct, product, product quality, data quality, data privacy compliance on an ongoing basis in all business activities and in line with Group risk appetite. Drive effectiveness of the Group Compliance Risk Framework by incorporating effective and practical advice into sound early-stage second line challenge. Support the rollout and implementation of effective Compliance training across the Group. Assist with the Group’s approach, including an effective Group Obligations register, for the timely identification of opportunities to enhance management and oversight of Compliance risk, and ensure appropriate action is taken by relevant parties to deliver improvements. Work with relevant stakeholders in the Group to ensure that the required controls to mitigate compliance risk are embedded into new products and initiatives. Support the Group Head, CFCC in the development and implementation of the Group Government & Regulatory Relationship Program. Implement a process that identifies and manages potential Compliance risk from regulatory and geopolitical changes and provides assurance that changes have been effectively embedded into the relevant Compliance business processes. Broaden internal and external networks and keep up to date with regulatory requirements and industry best practice to continuously improve the effectiveness of Group compliance risk management. Develop compliance testing plans to test that sound compliance programs are in place and effective. Evaluate effectiveness of available metrics and enhance or design new metrics to identify trends, patterns, or potential areas of concern. Qualifications Experience Requirements Requires 12+ years of professional experience and 5+ years of management experience. Academic Qualification and Certifications Degree in Law, Business Administration, or related field Professional Certification such as CAMS, ICA