Senior Business Analyst, Monitoring and Compliance (Senior Business Analyst 2)

Job Purpose

• Senior Business Analyst Monitoring and Compliance role is critical in ensuring General Services Department operational integrity and regulatory adherence are contributing positively to its long-term success and reputation.
• The role entails the use of continuous auditing and analytics to identify non-compliant transactions, review metrics and trends, summarize results, potential issues, and opportunities for improvement and participate in remediation activities, action planning and escalate significant issues.
• This is a critical role that bridges business needs and technical implementation, ensuring regulatory compliance and optimal business processes. This role also involves analyzing business processes, identifying compliance gaps, developing solutions to improve efficiency and effectiveness, ultimately contributing to the Bank’s legal and ethical standing. The role will report directly to the senior manager, Compliance and Monitoring within the General Services Department.

Key Duties and Responsibilities

Strategic Responsibilities

• Participating in preparation and implementation of Departmental Strategic Plan.
• Monitor and report on the implementation of the Departmental Strategic Initiatives in support of the wider Bank’s strategic plan.
• Coordinate in preparation and implementation of the Departmental operations manual, policies and procedures.
• Contributes as appropriate to the performance of other functions and to the overall achievement of CBK’s strategic objectives.
• Works effectively as part of the team to deliver on the Key Result Areas and demonstrates competencies of his/her role.

Technical and Operational Responsibilities

• Identify operational risks affecting the Department and take necessary steps to measure, monitor and report accordingly.
• Participate in the Department’s business process, initiating, forums, committee etc., to ensure that operational risk requirements are appropriately considered, executed and reported.
• Clearly document Business requirements, translating them into actionable technical specifications for implementation
• Review and evaluate internal control and propose appropriate recommendation for changes and/or enhancement.
• Promote compliance to operational risk policies.
• Encourage a high level of awareness of operational risk in the Department.
• Carry out a quarterly review and report on all operations and processes across the Department.
• Liaison with the Internal Audit & Risk Department to ensure adherence to all requisite risk policies.
• Ensure daily incidence reporting is done in line with the procedures and guidelines.
• Coordinate training of staff in the department in line with HRD guidelines for PDP, CPD and attachment programs.
• Identify areas that could be improved and propose ways of improving the processes.
• Monitor and report on the implementation of the departmental strategic initiatives in support of the wider Bank’s strategic plan.
• Custodian of all GSD policies, SOP’s and carry out reviews/updates in accordance with the Bank policy.
• Maintain and updated risk register in the department.
• Liaison with the Internal Audit & Risk Department to ensure adherence to all requisite risk policies.
• Review legislation, standards and other relevant guidelines and guide on compliance in the Department.
• Identify areas that could be improved and propose ways of improving the processes.
• Embed risk awareness culture within the Department.
• Carry out a quarterly review and report on all operations and processes across the Department.
• Follow up for resolution of ERP process gaps and embedding of requisite/enhanced system controls.
• Liaison person for training and follow up activities for the Department.
• Participate in the tendering process (Tender Opening, Tender Evaluation and Inspection and Acceptance Committee).

23. Any other assignment, duty and/or responsibilities that may be allocated from time to time.

Qualifications

• Bachelor’s Degree in Commerce, Finance, Accounting, Business Administration, B.A/BSC Business/Economics/Mathematics or related discipline from a reputable University.
• Professional qualification(s) in Accounting e.g., CPA, ACCA, KISM Project Management, Monitoring and Evaluation or equivalent
• Compliance and Risk Certifications will be an added advantage.

Work Experience

• At least three (3) years’ experience in Audit, Compliance, Risk management, or Business Analyst role.