Experienced Risk Analyst required to fill the permanent position NBK/Risk/09/2026. This role involves identifying, assessing, and mitigating financial and operational risks to safeguard organizational assets. The successful candidate must hold a bachelor’s degree in finance, economics, or a related field, supported by at least three years of relevant experience in risk management or a closely aligned discipline. Proficiency in risk assessment tools, regulatory compliance frameworks, and advanced Excel is essential, while familiarity with industry-specific software is advantageous. Key responsibilities include conducting risk evaluations, developing mitigation strategies, monitoring risk exposures, and ensuring adherence to internal policies and external regulations. Strong analytical skills, meticulous attention to detail, and the ability to communicate complex risk concepts clearly are critical for excelling in this position.
Position Scope:
The position requires the incumbent to develop and enforce controls that guarantee alignment with established compliance frameworks and internal policies, thereby reducing the risk of financial and operational losses associated with non-compliance.
Oversee and execute core duties encompassing strategic planning, operational management, and team leadership to drive organizational success. Develop and implement policies, procedures, and performance metrics to optimize productivity and ensure adherence to industry standards. Collaborate with cross-functional teams to align objectives, resolve challenges, and foster a culture of innovation and accountability. Monitor key performance indicators, analyze trends, and provide data-driven insights to senior leadership for informed decision-making. Serve as the primary liaison between departments, stakeholders, and external partners to facilitate seamless communication and project execution. Ensure compliance with legal, regulatory, and ethical guidelines while maintaining high standards of professionalism and transparency.
Formulate and oversee the Bank’s regulatory compliance strategy, ensuring alignment with applicable laws, regulations, and internal policies.
Evaluate the latest regulatory proposals to assess their potential effects on company operations.
Monitor and keep abreast of evolving legal and regulatory developments that may influence the Bank’s operational or strategic initiatives, promptly notifying relevant business areas of any pertinent changes.
To ensure alignment with evolving industry standards and regulatory requirements—both locally and internationally—the incumbent will continuously monitor trends, assess their implications, and propose as well as execute necessary adjustments to internal company processes to maintain operational efficiency and compliance.
Conduct thorough assessments of regulatory submissions to ensure they meet all applicable standards and are submitted within established deadlines.
Perform comprehensive environmental scanning and deliver strategic guidance derived from intelligence-driven analytical assessments.
Conduct assessments to identify both existing and evolving compliance risks and potential opportunities, ensuring proactive management of regulatory challenges while capitalizing on advantageous developments.
Conduct comprehensive intelligence assessments focused on regulatory issues to develop robust problem-solving strategies, policies, and programs.
Coordinate the organization-wide regulatory monitoring process by utilizing the Rule-Book framework.
Maintain and enhance the Bank’s corporate governance code and compliance framework to ensure alignment with regulatory standards and best practices.
Periodically review and update the Standards of Conduct to ensure they remain current and relevant, providing continuous guidance to both management and employees.
Verify that corporate governance codes and standards are consistently met and upheld throughout all operations.
Analyze corporate governance frameworks and draft strategic recommendations to enhance policies and procedures within the Bank.
Design and facilitate various corporate governance training programs for the Bank’s staff to enhance their understanding and application of governance principles.
Deliver expert and responsive front-line compliance advisory services to the business entity, ensuring a consistent and standardized approach to all relevant matters.
Collaborate closely with the product compliance team to finalize the approval of new products, policies, and propositions.
Assists in developing the compliance training schedule incorporating results ofcompliance risk assessments.
Collaborate on New Product approvals in partnership with Compliance Advisory.
Formulate and spearhead the Bank’s Exception Management strategy to ensure robust oversight and alignment with organizational objectives.
Analyze and document systemic exceptions across the institution while tracking their resolution status to ensure timely closure and escalation when necessary.
Review regulatory exceptions to assess their suitability for regularization and closure processes.
Monitor and coordinate the bank-wide review of exception logs to ensure timely and regular resolution.
Seeking candidates with the requisite expertise, qualifications, and professional background to effectively fulfill the role’s demands. Ideal applicants will possess a comprehensive understanding of industry-specific principles, advanced technical proficiencies, and hands-on experience relevant to the position’s core objectives.
A bachelor’s degree in any field from an accredited institution is required. Holding a master’s degree is considered advantageous.
Renowned industry certifications like the CFA, CIS, ARCA, IC PAK, CFP, CFE, ADAMS, and IT-related credentials are highly valued.
Candidates must possess a minimum of 15 years of qualified experience in Compliance and Internal Control within the Financial Services Industry, with at least a decade of that tenure specifically dedicated to the Banking Sector.
Proficient in Kenyan banking regulations and corporate governance frameworks with a comprehensive understanding of their practical applications.
Preferred candidates will have prior experience overseeing compliance monitoring or assurance functions.
Banking Operations, encompassing both Domestic and International Operations, focuses on managing financial transactions, ensuring compliance with regulatory standards, and maintaining efficient processes across local and global markets. This role involves overseeing payment systems, handling cross-border transactions, and optimizing operational workflows to enhance accuracy and customer service. Additionally, professionals in this field are responsible for mitigating risks, reconciling accounts, and collaborating with internal teams to align with strategic business goals. Strong analytical skills, attention to detail, and proficiency in financial software are essential for success in this dynamic environment.
Proficiency in accounting principles and credit analysis methodologies is essential.
Conduct thorough assessments of environmental and industry trends, evaluating factors such as regulatory changes, market dynamics, and competitive landscapes. Analyze data from various sources to identify potential risks, opportunities, and emerging issues that may impact organizational strategy. Collaborate with cross-functional teams to integrate findings into strategic planning, ensuring alignment with business objectives. Prepare detailed reports and presentations to communicate insights and recommendations to stakeholders at all levels. Stay current with advancements in environmental sustainability and industry best practices to provide informed guidance.
Risk Mitigation is a critical function within our organization, tasked with identifying, assessing, and addressing potential threats to business operations, financial stability, and regulatory compliance. This role requires a keen analytical mind to evaluate risks, develop strategic mitigation plans, and ensure adherence to industry standards and internal policies. The ideal candidate will possess strong problem-solving skills, proficiency in risk assessment methodologies, and the ability to communicate complex findings clearly to stakeholders. Responsibilities include conducting thorough risk analyses, monitoring emerging threats, implementing control measures, and collaborating with cross-functional teams to foster a proactive risk-aware culture.
Operational risk involves assessing potential threats to an organization’s stability and performance, including failures in internal processes, systems, systems, human errors, or external events. This role requires identifying, analyzing, and mitigating risks that could disrupt operations, compromise compliance, or damage financial health. Key responsibilities include developing risk management frameworks, monitoring risk indicators, implementing corrective actions, and ensuring adherence to regulatory requirements. Strong analytical skills, attention to detail, and proficiency in risk assessment tools are essential, along with the ability to communicate findings effectively to stakeholders. Candidates should also possess experience in risk mitigation strategies and a deep understanding of industry-specific risks.
We are seeking a seasoned professional to oversee investment and portfolio management functions, ensuring strategic asset allocation and optimal performance. The ideal candidate will possess a robust background in financial markets, with expertise in developing and executing investment strategies aligned with client objectives. Responsibilities include conducting comprehensive market research, analyzing risk-return profiles, and maintaining meticulous records of portfolio activities. Strong analytical skills, proficiency in financial modeling, and the ability to collaborate with cross-functional teams are essential. A track record of delivering consistent returns and adhering to regulatory compliance will be highly valued.
Responsibilities include overseeing the monitoring, analysis, and reporting of assets and liabilities to ensure financial stability and regulatory compliance. The role involves developing and implementing strategies to optimize the balance sheet, mitigate risks, and enhance profitability. Requirements include a degree in finance, economics, or a related field, along with professional certifications such as CFA or FRM. Proficiency in financial modeling, risk assessment tools, and advanced Excel is essential. Strong analytical skills, attention to detail, and the ability to communicate complex financial concepts are also necessary. Experience in banking, investment, or corporate finance is strongly preferred.
Accounting principles govern the preparation of financial statements and the organization of the general ledger (GL) framework. These principles ensure consistency, accuracy, and compliance in financial reporting. The GL structure organizes transactions into appropriate accounts, facilitating clear tracking of assets, liabilities, equity, revenues, and expenses. Adherence to established accounting standards enhances transparency and supports informed decision-making.
Strong command of Excel and financial systems is essential, with demonstrated expertise in leveraging these tools for data analysis, reporting, and financial modeling.
We prepare and present financial statements in accordance with IFRS and regulatory reporting standards, ensuring compliance with all applicable accounting frameworks and disclosure requirements. This role involves compiling, analyzing, and validating financial data to produce accurate, timely, and transparent reports for stakeholders, regulators, and internal decision-makers.
Conducts comprehensive financial analysis and interpretation to evaluate performance, identify trends, and provide actionable insights that drive strategic decision-making.
Proficiency in electronic Customer Due Diligence (ECD) systems and a comprehensive understanding of global Know Your Customer (KYC) regulations are essential.
Proficiency in Anti-Money Laundering (AML), Counter-Terrorism Financing (CTF), and Consumer Protection Framework (CPF) regulations is required.
Proficiency in anti-money laundering (AML), counter-financing of terrorism (CFT), and sanctions compliance is essential.
Demonstrated ability to guide and inspire teams, fostering collaboration and driving organizational success through strategic decision-making and effective management practices.
Proficient in thorough analysis and deep investigation are essential, demonstrating the capacity to dissect complex data, identify key patterns, and derive meaningful insights from multifaceted scenarios.
Skilled in coaching, leadership, and influencing, you will spearhead initiatives that drive organizational growth and cultivate high-performing teams. Your role involves mentoring employees, fostering a collaborative culture, and strategically aligning individual goals with overarching company objectives. Additionally, you will leverage your influence to inspire innovation, resolve conflicts, and champion change across departments. Experience in leadership development, talent management, and stakeholder engagement is essential, along with exceptional communication and interpersonal skills to motivate and guide teams toward success.
Seasoned professionals with exceptional aptitude for dissecting complex information and uncovering critical insights through meticulous inquiry and examination.
Strong written and verbal communication skills, along with polished presentation abilities and a collaborative team-oriented mindset.
Maintaining strict confidentiality when dealing with sensitive information is essential.
Forms strategic business alliances to advance the Bank’s Assurance objectives.
Proficient understanding of banking laws and regulatory frameworks is required.
Stakeholder management involves collaborating with key individuals and groups to align project objectives, address concerns, and foster strong, productive relationships. This role requires the ability to communicate effectively, negotiate, and resolve conflicts while ensuring all stakeholders remain informed and engaged throughout the project lifecycle. Strong interpersonal skills, adaptability, and a strategic approach are essential to maintain trust and achieve mutual goals.
go to method of application
Submit your curriculum vitae along with a cover letter demonstrating your alignment with the specified role requirements to Recruitment@nationalbank.co.ke by Friday, June 5, 2026.
Qualifications
BA/BSc/HND , MBA/MSc/MA , Professional Certificate
Experience Required
15 years
