Senior Manager, Finance Risk & Compliance reporting to the Director, Finance is responsible for implementing Risk, Compliance and Business Continuity Management (BCM) frameworks within the Finance Department (including the Pension Secretariat) and ensuring compliance with relevant laws and regulations, standards and Bank policies.
The job holder will do this by managing and coordinating the efforts in assessing new, emerging or existing risks, measuring them, and advising on the required controls in conjunction with leadership in the Finance Department and in accordance with the Bank’s Risk, Compliance and BCM framework, policies, guidelines, and processes and internal controls.
This role works closely with the Risk Division for technical support where necessary.

Strategic Responsibilities
1. Drive the implementation of risk, compliance and business continuity frameworks by developing or revising policies, procedures, systems within Finance Department in collaboration with division and section heads.
2. Champion any improvements that enhance the controls environment for Finance Department.
3. Monitor and report on the implementation of the departmental strategic initiatives in support of the wider Bank’s strategic plan.
4. Develop and implement initiatives and training to improve and enhance risk culture within the Finance Department.
5. Maintain working knowledge of relevant requirements including laws, regulations and CBK policies as they relate to Finance Department.
6. Provide thought leadership to improve the systems of the department and Bank in line with its vision.

Technical and Operational Responsibilities
1. Ensure Finance Department risk registers are in place, properly documented, updated regularly, signed off by Finance Department leadership and submitted to Risk Division in a timely manner.
2. Update, monitor and report on fulfilment of Service Level Agreements (SLAs), service charters and key risk indicators, ensuring within acceptable appetite and limits.
3. Custodian of all Finance Department Policies and ensure they are always up to date.
4. Follow up and support relevant teams in the closure of open GL items and aged items and provide guidance to ensure reconciliations are in compliance with set out guidelines.
5. Follow up for resolution of ERP process gaps and embedding of requisite/enhanced system controls.
6. Ensure adequate and timely closure of internal and external audit findings for Finance Department.
7. Provide insightful monthly risk reports including risk dashboards for multiple audiences including but not limited to Finance Department leadership, Bank Risk Management Committee, Management and Board.
8. Independent reviewer that assures on risks, incidents within Finance Department ensuring they are reported, appropriately evaluated, investigated, and resolved and assures compliance within Finance Department is maintained.
9. Prepare and report project risk register for any Finance Department owned or related projects.
10. Liaison with the Internal Audit and Risk Department.

Other Responsibilities
1. Mentor, coach and mobilize the staff in the section to achieve planned departmental objectives.
2. Oversee training of new staff in the Division on work procedures and company policies to ensure effective client service.
3. Champion initiatives towards enhancement of the IT Systems and processes.
4. Any other assignment, duty and/or responsibility that may be allocated from time to time.

1. Bachelor’s degree in Commerce, Finance, Accounting, Business Administration, B.A/ BSC Business/ Economics/Mathematics or related discipline from a reputable university.
2. Master’s in Business Administration (MBA) in Finance/Accounting or Strategic Management is an added advantage.
3. Professional qualification(s) in accounting e.g. CPA, ACCA or equivalent.
4. Compliance and Risk Certifications will be an added advantage.
5. Member of the Institute of Accountants (ICPAK), IIA or relevant body in good standing.

1. Minimum ten (10) years post qualification experience with at least five (5) years in middle level management capacity.

Technical Competencies
1. Good understanding of internationally accepted best practices for effective supervision and oversight.
2. Thorough knowledge of Risk and Compliance principles, the relevant laws and regulations, tax laws and practices, Banking and Accounting Standards (IFRS) and practices.
3. Good understanding of regulations across various sectors – Procurement, Projects, Logistics, Finance.
4. Strong communication and presentation skills including ability to develop proposals, concept papers, position papers as well as write reports and prepare relevant publications.
5. Risks awareness and mitigation measures.
6. Good Project management skills.
7. Excellent skills in ERPs and embedded system controls.

Behavioral / General Competencies
1. Excellent leadership and people management.
2. High level interpersonal and cross-cultural skills, including ability to build consensus, alliances and collaborative relationships with sensitivity to diversity.
3. Critical & analytical thinking and problem-solving skills- ability to understand issues from multiple perspectives/layers and take account of the wider business context when crafting solutions.
4. Excellent organizational and administrative skills.
5. Ability to be forward thinking and use technology and other modern tools to drive decision making and implementation.
6. Ability to consider emerging trends, developments and long-term opportunities and align organizational requirements with desired outcomes.
7. Strategic thinking and decision-making skills.
8. Independence of thought and objectivity.
9. Professionalism, integrity and honesty and lives the CBK values.
10. Excellent oral and written communication skills.
11. Ability to withstand strategic and operational challenges and maintain momentum.
12. Emotional intelligence.
13. Customer Orientation.
14. Risk management- ability to identify departmental risks and develop mitigating measures.
15. Working knowledge and ability to ensure good governance practices.
16. Ability to manage multiple stakeholders and drive change.

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