Housing Finance jobs Head of Risk and Compliance

Housing Finance, Kenya’s Premier mortgage company has an exciting opportunity in our Risk and Compliance Division.
We are seeking for talented, dynamic, self-driven and result oriented individual who is committed to performance excellence.

Head of Risk and Compliance

The incumbent’s main role will be to provide overall leadership over the identification, measurement, monitoring and control over the risks undertaken by the Company and ensure compliance with all major statutory and regulatory requirements.

The successful applicants will be responsible for the following Key Result Areas:

Risk Management

• Champion the integration of Risk Management into the strategy development process.
• Development and regular review of a risk management framework covering all planned risk management activities for approval by Board Risk Committee.
• Assist Senior Management and Board of Directors in understanding risk, its measurement and control methodology; and provide support to the Board in its oversight of risk through regular reports.
• Actively participate in Assets and Liabilities Committee (ALCO) of the Company and provide critical input to help drive decision making on the optimal level of Risk Return trade-offs on transactions, products and business segments.
• Develop financial models and systems for predicting patterns and future trends, to pro-actively guide the Company’s strategic direction.
• Conduct portfolio reviews and Stress Testing to manage potential risks.
• Manage risk profile mapping for new processes & procedures in compliance to Company & Regulatory policies.
• Development of the communication plan for the organization’s ERM objectives and direction.
• Develop and communicate risk management policies, risk appetite and limits.
• Assist in the development of risk mitigation strategies for the organization’s critical risk and monitoring the risks.
• Establish, communicate and facilitate the use of appropriate ERM methodologies, tools and techniques.
• Conducting risk management training from time to time.

Compliance

• Develop and implement a risk-based compliance monitoring programme, identifying, assessing, monitoring and reporting all material compliance risks.
• Maintain a thorough understanding of relevant regulatory requirements to provide advice and guidance to senior managers enabling them to implement compliant policies and procedures.
• Provide regular training to employees on compliance matters, including internal policies and procedures, the application of standards and guidelines, and relevant laws and regulatory requirements, promoting and enhancing a strong company-wide compliance culture.
• Manage the compliance risk assessment process ensuring that the compliance risks are appropriately identified and assessed.
• Provide standard and ad-hoc information and data reports to regulators and other stakeholders as required.
• Develop and maintain compliance policies and procedures to comply with statutory and regulatory requirements.
• Communicate with regulators and other stakeholders in respect of compliance issues including all material and non-routine correspondence.
• Support management in the development and maintenance of effective and efficient interaction with regulators, ensuring the Company’s views are appropriately represented and facilitating the supervisory activity of regulators.

Qualifications, Skills and Experience:

• A business related degree from a reputable institution. An MBA and Risk Management professional qualification is an added advantage.
• CISA and CPS qualifications preferred.
• Minimum of 10 years prior experience within an Internal Audit and Risk Management and Compliance department preferably in the banking industry, 5 of which should be in management.
• Ability to relate market/economy knowledge and events to business and transactions so as to discern and present risks that would impact the business.
• Keep abreast with the change of regulatory environment.
• Must demonstrate good leadership and presentation skills.
• Excellent knowledge and use of MS Office applications.
• Must have good analytical and problem solving skills.
• Must have good communication and interpersonal skills.
• Must be a self-driven individual, team player and have integrity.

How to Apply

Please send your application to hr@housing.co.ke.

Please note that applications should be received by 28.07.2015

Housing Finance is regulated by the Central Bank of Kenya