Job Purpose:
The Head, Risk Governance is responsible for establishing and maintaining a comprehensive risk governance framework to ensure that all policies, procedures, and risk management frameworks across the bank are well-defined, regularly reviewed, and effectively implemented. This role ensures compliance with regulatory requirements and best governance practices, promoting a strong risk culture across Equity Bank Limited Kenya.
Key Responsibilities
Policy and Framework Development
- Develop, implement, and maintain a comprehensive risk governance framework for the bank.
- Support business process re-engineering to ensure that processes are lean, efficient and effective through the elimination of non-value adding activities and identification of opportunities that support/drive the migration of transactions to economically viable alternative electronic delivery channels.
- Support other subsidiaries within the Group in matters processes, policies and procedures review.
- Establish and continuously review the bank’s policies, procedures, and guidelines to align with best practices and regulatory requirements.
- Ensure that risk governance policies cover all key risk areas, including financial, operational, credit, market, fraud, ESG, and strategic risks.
Policy Review and Improvement
- Lead the periodic review and enhancement of policies to reflect changes in business strategy, regulatory requirements, and risk environment.
- Work closely with business units, legal, compliance, and risk teams to ensure policies are well-embedded within the bank’s operations.
- Conduct gap analysis and benchmarking against global risk governance best practices.
- Provide risk governance insights to support decision-making at the executive level.
Regulatory Compliance and Liaison
- Ensure all policies and governance frameworks comply with CBK (Central Bank of Kenya) regulations, Basel III guidelines, and corporate governance codes.
- Act as the primary liaison with regulators, auditors, and external stakeholders on governance matters.
- Coordinate internal and external audits, ensuring timely implementation of audit recommendations.
Risk Culture and Training
- Foster a strong risk governance culture within the organization through training and awareness programs.
- Develop and implement capacity-building initiatives for staff on governance, compliance, and risk management.
- Ensure risk governance principles are embedded in the bank’s decision-making processes.
Enterprise-Wide Risk Management Support
- Work closely with the Heads of Non-Financial Risk to ensure governance frameworks support effective risk oversight.
- Ensure alignment of risk governance with the bank’s strategic objectives.
- Continuously assess governance processes to identify and mitigate emerging risks.
Qualifications
Qualifications And Experience
- Bachelor’s degree in law, Business Administration, Finance, Risk Management, or a related field.
- A master’s degree in governance, Finance, Risk, or Business Administration is an added advantage.
- 8+ years of experience in risk management, governance, compliance, or policy development in the banking sector.
- Proven experience in developing and implementing governance policies and frameworks.
- Strong background in regulatory compliance and enterprise risk management.
Key Competencies & Skills
- Strong knowledge of risk governance frameworks, corporate governance codes, and regulatory compliance.
- Expertise in banking regulations, risk management principles, and policy development.
- Ability to develop risk policies, frameworks, and standard operating procedures (SOPs).
- Proficiency in risk reporting, committee governance, and regulatory liaison.
- Knowledge of industry relevant process improvement techniques and disciplines, e.g., Business Process Management, TQM, and Lean Six Sigma.
Gmail
Yahoomail