Manager, Regulatory Change, AML Policies & Standards

Equity Bank (Kenya) Limited is a leading Financial Services Institution operating in Kenya. Our diversified business spans banking, insurance, technology and social enterprise, enabling us to deliver integrated solutions that drive inclusive growth at scale. Our business model is anchored on a distinctive Tri-Engine framework — Social, Economic and Sustainability, which systematically strengthens value-chains, empowers communities and delivers long-term social and economic impact.

Our purpose, “Transforming lives, giving dignity, and expanding opportunities for wealth creation,” guides every our strategic decision. We are driven by a bold vision “to be the champion of the socio-economic prosperity of the people of Africa,” and this ambition is embedded in our culture through our core values of professionalism, integrity, creativity and innovation, teamwork, unity of purpose, respect and effective corporate governance (PICTURE).

Our growth and impact agenda is clearly defined and operationalized through the Africa Recovery and Resilience Plan (ARRP), which serves as the strategic blueprint for sustainable expansion and long-term value creation across the continent

JOB PURPOSE

The Manager – Regulatory Change, AML Policies & Standards is responsible for the identification, interpretation and tracking of AML/CFT/CPF regulatory changes, and for the development and maintenance of the Bank’s AML/CFT/CPF policies, standards and regulatory obligations register.

The role ensures that AML/CFT/CPF regulatory requirements are accurately assessed, embedded into policies and controls, owned by accountable functions and implemented on time, with clear evidence and timely escalation of overdue or deficient actions.

KEY RESPONSIBILITIES

· Perform AML/CFT/CPF horizon scanning, regulatory interpretation, impact assessments, change tracking and escalation.

· Draft and coordinate AML/CFT/CPF policy and standards reviews, consultations, approval packs, version control and gap assessments.

· Maintain the AML/CFT/CPF regulatory obligations register, including applicability, ownership mapping and control linkages.

· Prepare technical advice, draft responses to CBK and FRC, new product impact assessments and committee papers.

· Monitor implementation milestones, overdue actions and regulatory remediation evidence, and challenge accountable owners.

· Support regulatory inspections, audits and consultation submissions on AML/CFT/CPF matters.

· Supervise specialists, review work quality and promote technical development.

KEY ACCOUNTABILITIES

· Track AML/CFT/CPF developments from CBK, FRC, FATF, ESAAMLG, sanctions authorities and Group, and assess their impact on the Bank.

· Prepare documented impact assessments that identify affected policies, processes, systems, controls and accountable owners.

· Draft, review and update AML/CFT/CPF policies, standards and procedures in line with POCAMLA, the Prevention of Terrorism Act, CBK Prudential Guidelines and Group standards.

· Coordinate stakeholder consultation and prepare policy approval packs for management committees and the Board.

· Maintain version control, review schedules and the AML/CFT/CPF policy library.

· Maintain the AML/CFT/CPF regulatory obligations register and validate the status of obligations with accountable owners.

· Perform gap assessments between regulatory requirements, policies and implemented controls.

· Prepare technical responses to CBK and FRC queries, consultations and draft guidelines for review and approval.

· Provide AML/CFT/CPF impact assessments for new products, channels and business changes.

· Monitor implementation of regulatory changes and remediation actions, and escalate overdue or deficient actions.

· Review remediation evidence for completeness and sufficiency before Second Line acceptance.

· Prepare MI and committee papers on regulatory change status, policy reviews and obligation coverage.

· Supervise and coach specialists and maintain quality standards for team outputs.

Equity Bank (Kenya) Limited is a leading Financial Services Institution operating in Kenya. Our diversified business spans banking, insurance, technology and social enterprise, enabling us to deliver integrated solutions that drive inclusive growth at scale. Our business model is anchored on a distinctive Tri-Engine framework — Social, Economic and Sustainability, which systematically strengthens value-chains, empowers communities and delivers long-term social and economic impact.

Our purpose, “Transforming lives, giving dignity, and expanding opportunities for wealth creation,” guides every our strategic decision. We are driven by a bold vision “to be the champion of the socio-economic prosperity of the people of Africa,” and this ambition is embedded in our culture through our core values of professionalism, integrity, creativity and innovation, teamwork, unity of purpose, respect and effective corporate governance (PICTURE).

Our growth and impact agenda is clearly defined and operationalized through the Africa Recovery and Resilience Plan (ARRP), which serves as the strategic blueprint for sustainable expansion and long-term value creation across the continent

JOB PURPOSE

The Manager – Regulatory Change, AML Policies & Standards is responsible for the identification, interpretation and tracking of AML/CFT/CPF regulatory changes, and for the development and maintenance of the Bank’s AML/CFT/CPF policies, standards and regulatory obligations register.

The role ensures that AML/CFT/CPF regulatory requirements are accurately assessed, embedded into policies and controls, owned by accountable functions and implemented on time, with clear evidence and timely escalation of overdue or deficient actions.

KEY RESPONSIBILITIES

· Perform AML/CFT/CPF horizon scanning, regulatory interpretation, impact assessments, change tracking and escalation.

· Draft and coordinate AML/CFT/CPF policy and standards reviews, consultations, approval packs, version control and gap assessments.

· Maintain the AML/CFT/CPF regulatory obligations register, including applicability, ownership mapping and control linkages.