Consumer Banking Legal and Compliance Manager , Kenya

Job Description

• Provide legal and compliance support to the CB business
• Support the Head of CB Legal and Compliance in the management of, CB legal and compliance risk in-country
•Support the Head of CB L&C in establishing and maintaining in-country frameworks to ensure CB business compliance with regulatory requirements and internal compliance policies and procedures
• Support the Head of CB L&C in leading, promoting and managing a culture and practice of Compliance and ethical conduct within the CB business. Ensure that the CB business is conducted in accordance with all laws and regulations and the ethical standards adopted by the SCB Group.

Key Roles & Responsibilities

CB Business Support
• Central point of reference, advice and support for CB Legal and Compliance issues raised by CB business, Country Legal, Country Compliance, CB Central L&C Team and other stakeholders. Provide legal and compliance advice, briefings, recommendations and reports on material legal and compliance risks and issues to all stakeholders
• Contribute to the effective management of Legal and Compliance risks in-country through active participation at relevant risk forums
• Use technical knowledge of all CB business products offered in-country to provide sound, technical product, legal, compliance and transactional advice to the CB business
• Ensure material Legal and Compliance risks are identified and appropriately mitigated in product approval processes. Review and approve the Country Addenda of Product Approval Documents for local and cross-border regulatory risks
• Anticipate the impact of legal and regulatory developments on the CB business and communicate their impact to the CB business
• Promote active cooperation with the CB business and within the function and encourage a collegiate working environment

Legal & Compliance
• Provide guidance on the proper application and interpretation of laws and regulations applicable to the CB business
• Ensure proactive and timely monitoring, identification, dissemination and advice of legal and regulatory developments, changes and practices and associated risks
• Ensure adequacy of controls to mitigate legal and compliance risks and roll out legal and compliance policies and procedures in-country.
• Support preparation of regulator’s inspection of CB business by attending to information requests, pre-inspection questionnaires and enquiries during the regulator’s inspection
•Support Head of CB L&C implement the CB Compliance Monitoring Programme and ensure timely conduct of compliance reviews
• ensure active involvement in management of critical issues that have a significant regulatory impact on SCB’s business operations within the country
• In the event of serious regulatory breaches, or where risk tolerances have been breached, ensure Head of CB L&C is advised and in turn the relevant CB business and senior management are informed and that actions are taken quickly to remediate and/or activities are ceased

Qualifications & Skills

•Advocate of the High Court of Kenya
•University degree
•Proven track record of experience in-house or in private practice
•A sound understanding of the Financial services sector and the attendant regulations
•Excellent verbal and written communication skills
•Ability to identify and dimension key legal and regulatory compliance risks and mitigants
•Excellent legal and compliance judgment to enable the provision of sound advice in difficult areas of law, regulation and practice and the proactive management of legal and compliance risk
•Sound judgment of business practices and reputational risk
•Personal authority integrity and a proven ability to establish relationships with senior stakeholders, build a strong network and exert influence
•Strong leadership and management qualities, excellent interpersonal skills and multi-cultural awareness and sensitivity
•Independence, robustness and resilience

Diversity & Inclusion

Standard Chartered is committed to diversity and inclusion. We believe that a work environment which embraces diversity will enable us to get the best out of the broadest spectrum of people to sustain strong business performance and competitive advantage. By building an inclusive culture, each employee can develop a sense of belonging, and have the opportunity to maximise their personal potential.

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Company Description

Standard Chartered PLC is a leading international bank, listed on the London, Hong Kong and Mumbai stock exchanges. It has operated for over 150 years in some of the world's most dynamic markets and earns more than 90 per cent of its income and profits in Asia, Africa and the Middle East. This geographic focus and commitment to developing deep relationships with clients and customers has driven the Bank's growth in recent years.

With 1,700 offices in 70 markets, Standard Chartered offers exciting and challenging international career opportunities for around 85,000 staff. It is committed to building a sustainable business over the long term and is trusted worldwide for upholding high standards of corporate governance, social responsibility, environmental protection and employee diversity. The Bank's heritage and values are expressed in its brand promise, Here for good.