Jobs Kenya

Job Field: Sector in Banking  , Finance / Accounting / Audit

  • Assistant Manager, Credit Reporting & Control

    Assistant Manager, Credit Reporting & Control

    PURPOSE:
    The incumbent will be responsible for monitoring, reporting and controlling the credit risk of the Bank at portfolio level in compliance with credit policy and Central Bank of Kenya (CBK) prudential guidelines.
    PRIMARY RESPONSIBILITIES:
    The incumbent will report to Manager Credit Reporting & Control and will be responsible for:

    Preparing accurate statutory reports for regulatory submissions within stipulated timelines and ensuring nil non-compliance with regulatory reporting requirements.
    Preparing other scheduled/adhoc external reports to Development Finance Institutions (DFIs), Credit Reference Bureaus (CRBs), Kenya Bankers Association (KBA) and other stakeholders.
    Performing analysis/review of risk classification of loans advances and computing the required general and specific provisioning of the portfolio in line with CBK Prudential Guidelines.
    Facilitating the preparation of all strategic management reports for risk management and decision making.
    Supporting facilitation of seamless audit processes by coordinating and ensuring all requirements are met within credit department.
    Preparation of accurate Internal reports to Departmental units and management ac and publication of the Credit Risk Management Committee (CRMC)/Board Credit Committee (BCC) papers in the credit committees meetings software within the agreed timelines.
    Preparation and modelling of IFRS9 numbers, validating the Expected Credit Losses (ECL) results and analyzing impact.
    Monitoring and reporting loan portfolio performance and trends in order to provide insight to business teams and management.
    Tracking of credit policy requirements against internal and regulatory limits and reporting any breaches or exceptions to management.
    Reviewing and updating the credit reporting related policies and guidelines.
    Performing periodic stress testing of the asset portfolio for risk management and decision making.
    Supporting any Bank project relating to credit reporting aspects.
    Supporting the Credit Department Budgetary process.
    Presentation of all required MIS – Analytics and Dashboards.

    COMPETENCY REQUIREMENT
    Academic Qualifications

    Bachelor’s degree in any field from a recognized institution.
    Qualification in any data analytics course will be an added advantage.

    Experience

    5 years banking experience with at least 2-3 years’ in credit reporting
    Well versed with CBK Prudential Guidelines relating to Asset Classification, knowledge of relevant bank processes, policies and procedures

    Generic Competencies

    Technical skills with high proficiency in Microsoft excel and PowerPoint.
    Report writing skills; and
    Numeric skills.
    Analytics skills.

    Skills and Attributes

    Excellent communication and interpersonal skills;
    Excellent time management skills; and
    Good planning and organization skills

    Apply via :

    imbank.bamboohr.com

  • Head of FCC, Kenya & East Africa

    Head of FCC, Kenya & East Africa

    Role Responsibilities
    Geographic direct responsibility and coverage over FCC in Kenya & East Africa.
    In addition to the geographic responsibilities listed above, direct primary responsibility over the following FCC functions across Kenya & East Africa:

    Governance; Oversight & Execution; Commercial Banking, Corporate & Institutional Banking (CIB) and Retail Banking; Client Risk Management (Sanctions, AML and ABC); Training & Awareness and Controls.

    Strategy

    Input to area operating model design of relevant FCC and business processes as per geographic and direct responsibilties listed above.
    Ensure that there is adequate support (people, processes, tools, frameworks, systems) in the area for necessary FCC controls as per geographic and direct responsibilities.
    As Head of FCC, Kenya & East Africa, set and implement the vision, strategy, direction and leadership for the area consistent with the vision and strategy for FCC and in support of the Group’s strategic direction and growth aspirations.

    Business

    Analyse comprehensive impact of financial crime related regulatory matters on the relevant business areas (Commercial Banking, Retail Banking and CIB) and its operations.
    Ensure that key changes (to laws, rules, regulations) are communicated and cascaded (in area), in coordination with group communications.
    Support relevant stakeholders to make decisions based on current and possible future policies, practices, and trends.
    Keep track of and provide advice to relevant stakeholders on the interpretation and application of regulatory expectations, laws, best practices and policies related to FCC.
    Support resolution of competing requirements between regulations, for example between AML regulations and data privacy/bank secrecy or information security regulations.

    Processes

    Develop, keep up to date and recommend for approval by the relevant Risk Committee, appropriate policies/processes/DOIs to address financial crime risks, aligning with relevant regulatory requirements.
    Providing governance oversight over the implementation of FCC-related policies and procedures in the area to ensure compliance with such policies and procedures.
    Ensure that relevant stakeholders are adequately advised on compliance with Group standards relating to AML/Sanctions and ABC by the relevant Subject Matter Experts.
    Act as (second line) Risk Control Owner where applicable under the Group’s Risk Management Framework for those aspects of Regulatory Compliance relating to AML, anctions and ABC, and escalate issues as appropriate.

    People and Talent

    Provide leadership, management and coaching to direct reports to ensure they are highly engaged and performing to their potential.
    Promote and embed a culture of openness, trust and risk awareness, where ethical, legal, regulatory and policy compliant conduct is the norm.
    Stimulate an environment where forward planning, prioritisation, deadline management and streamlined workflows and collaborative, inclusive yet effective and efficient work practices are the norm.
    Provide input at business, function, country and individual level as appropriate, on compliance matters which should have a bearing on remuneration pools or individual bonuses (for senior staff).
    Collaborate with the Regional Head of training and training teams (where appropriate) to input to training curriculum to support closing of capability gaps.
    Ensure the Area is adequately resourced and staffed by an appropriate number of competent staff sufficiently independent to perform duties objectively, to support sustainable business growth and address financial crime risks.
    Ensure staff in the Region and under direct responsibilities have clearly articulated and well understood roles and responsibilities through meaningful and accurate job descriptions.

    Risk Management

    Maintain oversight of relevant risk mitigating action plans.
    Provide advice, where appopriate, on the application of risk management frameworks (e.g. ORF, GRA).
    Oversee the application of Group and FCC policies and processes (eg risk assessment) to manage risks.
    Make recommendations (and/or implement) to relevant stakeholders on possible risk management responses to identified risks and/or findings of concerns from investigations.
    Oversight over the assessment of risks arising from products / segments / geographies / customers / transactions as per geographic and direct responsibilities.
    Inform senior management and relevant regulators of serious regulatory breaches (or where risk tolerances have been breached) and ensure that actions are taken quickly to remediate and/or activities are ceased- where applicable.
    Anticipate horizon risks in the area of financial crime that may have a significant impact on the Group and develop effective strategies to mitigate such horizon risks.
    Co-oversee the Group Risk Assessment for Kenya & East Africa Area, providing validation where required.
    Advise relevant stakeholders on outcomes of AML, Sanctions and ABC risks identification and assessment methodologies as per geopgraphic and direct responsibilities.
    Support delivery of annual Global AML, ABC and Sanctions Risk Assessments.
    Partner with legal counsels for advice on technical matters.
    Oversee the review and analysis of a client base (where required) to identify and manage high risk clients, or specific country reviews.

    Governance

    Attend relevant leadership meetings.
    Provide senior oversight of FCC in the area.
    Ensure tracking and remediation of surveillance and investigations related regulatory findings.
    In the event of serious regulatory breaches, or where risk tolerances have been breached, ensure senior management and relevant regulators are informed and that actions are taken quickly to remediate and/or activities are ceased.
    Oversee the Area FCC Governance teams as they prepare and cascade lessons learned from audit findings, FCC assurance activities and specific investigations.
    Oversee the tracking of significant issues arising from FCC metrics, FCC Assurance activities, Audit reviews and regulatory inspections, providing validation of issue closure where necessary.
    Propose control improvements, enhancements and simplifications where appropriate.
    Be accountable for identification and escalation of potential risks and issues to senior management through appropriate governance channels and the Quality Assurance framework.
    Oversee the collation, analysis and interpretation of data in reports to senior management and relevant governance/risk committees.
    Oversee the analysis and interpretation of data to produce reports that help the bank identify and manage emerging areas of risk / vulnerability and thus drive remediation action within the FCC function.

    Regulatory & Business Conduct

    Display exemplary conduct and live by the Group’s Values and Code of Conduct.
    Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
    Lead the East Africa CFCC team to achieve the outcomes set out in the Bank’s Conduct Principles: [Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance; The Right Environment.]
    Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
    Represent the Group through relationships with key regulators, relevant industry and vendor / user groups where required.
    Raise the profile of SCB through outreach.
    Support relevant stakeholders to respond to regulatory questions.

    Key Stakeholders
    Area Heads of Businesses (as per direct and oversight responsibilities); Country Heads of FCC; Area FCC Management and Leadership teams; Area Compliance Management and Leadership teams; Area CEOs; Area Audit; Area Operational Risk; Area CIO; Regulators (as appropriate); Peers in other banks; Group Heads of Product/Segment FCC; Group Head, Controls
    Other Responsibilities

    Embed Here for good and Group’s brand and values in Kenya & East Africa Area.
    Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures as per direct and oversight responsibilities.

    Our Ideal Candidate

    Relevant undergraduate degree in Law, Compliance and/or Risk Management
    Relevant professional certification in financial crime compliance, for example ACAMS
    The role holder needs to possess extensive knowledge of the laws and regulations applicable to money laundering, such as BSA, the Patriot Act, U.S. Treasury AML guidelines, OFAC/HMT requirements and Suspicious Activity Reporting requirements.
    15 years plus of banking experience with at least ten years in Financial Crime related areas.

    Apply via :

    scb.taleo.net

  • Head Compliance Risk Assessment , Governance & Testing Head, Compliance, Financial Crime & Conduct Risk Training Head, Conduct Risk & ABC Head, AML/CFT Head Sanctions Compliance Head Regulatory Compliance Application Security Testing Analyst Endpoint Security Specialist Data Protection Analyst Senior Specialist, Cyber Threat and Vulnerability Management Network Security Analyst User Access and Identity Management Specialist

    Head Compliance Risk Assessment , Governance & Testing Head, Compliance, Financial Crime & Conduct Risk Training Head, Conduct Risk & ABC Head, AML/CFT Head Sanctions Compliance Head Regulatory Compliance Application Security Testing Analyst Endpoint Security Specialist Data Protection Analyst Senior Specialist, Cyber Threat and Vulnerability Management Network Security Analyst User Access and Identity Management Specialist

    Description 
    Equity Bank is one of the region’s leading banks whose purpose is to transform the lives and livelihoods of the people of Africa socially and economically by availing them modern and inclusive financial services that maximize their opportunities. With a strong footprint in Kenya, Uganda, Tanzania, Rwanda, South Sudan and DRC Congo, Equity Bank is now home to over 12 million customers – the largest customer base in Africa. Currently the Bank is seeking additional talent to serve in the role outlined below.
    The Head of Compliance Risk Assessment, Governance & Testing shall support the Group Director, CFCC by delivering the strategy and execution of the Compliance, Financial Crime Risk and Conduct Risk assessment programs for the Group. This includes performance of annual Risk and Control assessments for Compliance, FCR and Conduct. In addition, the role is responsible for monitoring client risk and control activities, performance and validation of cyclical activities such as monthly financial crime risk management initiatives, control enhancing and testing, incident research, data acquisition and validation, leading remediation as required and other ad hoc control initiatives, and projects. The role holder will also lead key Governance, Compliance Testing and Enforcement activities, along with the relevant strategic and operational MIs into the various executive and board committees as well as other workgroups.
    Primary Responsibilities  

    Responsible for leading the Compliance, Financial Crime Risk and Conduct Risk assessment programs, including the integration of related activities with the ERMF and other risk management frameworks in the Group.
    Collaborates with stakeholders from Risk and the business to develop tactical and strategic solutions to enhance and streamline the risk assessment processes for Compliance, FC and Conduct.
    Lead Compliance, FC and Conduct risk assessment, oversight, governance and testing meetings. Also responsible for the overall programs including ongoing process improvements, managing and tracking assessment activities, and follow-up of assigned actions.
    Lead the design and delivery of a portfolio of Compliance, FC and Conduct risk tests scripts to monitor compliance with regulation and internal policy.
    Oversight and delivery of Compliance, FC and Conduct ongoing scenarios assessment workshops, so that Group anticipates threats, assesses vulnerabilities, and ensures readiness and resiliency.
    Compilation, validation and monthly delivery of Group Compliance, FC and Conduct risk appetite monitoring, including escalations, referrals, and tracking. 
    Analyze compliance, FC and conduct risk events, perform root cause analysis on respective controls and ensure remediation is well designed to avoid repeat of risks and/or issues.
    Support the Business teams in Compliance, FC and Conduct risk self-identification processes and ensure self-identified issues in relation to first line controls are well analyzed and documented with properly designed remediating actions, and track actions to completion.
    Engage in risk discussions with internal/external auditors, regulators and other risk functions within the Group.
    Provide leadership to team members and support in leading the larger Risk & Compliance organization across the Group.

     
    Qualifications
     
    Minimum Requirements

    Requires 15+ years of professional experience and 6+ years of management experience.

    Critical Skills

    No less than 12 years of compliance, financial crime and conduct risk management experience, with significant portion in risk assessment, governance and testing within a large international bank.
    Strong understanding of compliance, FC and conduct risk obligations and requirements within the banking industry.
    Good experience in leveraging analytics and technology solutions to manage risk assessments and other initiatives.
    Critical thinking skills to understand and analyze complex problems.
    Effective communicator with strong writing and verbal abilities to communicate across all levels of the Group.
    Ability to develop strong relationships and collaborate with senior business and function leaders to influence change.
    Proven focus on deliverables, organized, and ability to manage multiple high priority deliverables.
    Self-starter, highly organized, and detailed-oriented.
    Strategic and critical thinking and the ability to concisely convey complex regulatory concepts and possible solution sets.
    Excellent facilitation and presentation skills
    Exercise high level of discretion and confidentiality due to the sensitive nature of the scope of work.
    Extremely detail oriented with ability to elevate details into strategies.

    Education

    Master’s degree plus relevant professional qualifications such as CAMS, ICA

    go to method of application »

    Use the link(s) below to apply on company website.  

    Apply via :

  • Manager, Front Office Risk Control Global Markets – Re-advertisement

    Manager, Front Office Risk Control Global Markets – Re-advertisement

    JOB PURPOSE

    To perform 1st line of defence controls and monitoring for GM and SBGS.
    To lead strategic GM and SBGS projects, I.T implementation/enhancement and coordinate Global Markets forums.

    KEY RESPONSIBILITES
    Governance and Risk Management

    Management of Operational Risk Incidents
    Monitoring and Investigation of Trade Dashboard Breaches daily- Credit/Market Risk/Operational
    BAU trade exceptions approvals- Cancellations/Amendments/backdating/Loss deals/Negative margins/position reconciliations
    BCM coordination and update of BCM plans as required
    Management of Country Front Office and Support Enabler Internal, External and Central Bank audit reviews.
    Audit Issue tracking and Corrective Action implementation
    Dealer monitoring function- through various trade and exceptions dashboards
    Risk and Control reporting to management and trading floor
    Review and manage the KRI and RCSA process
    Process and control review across GM/SBGS and supporting functions
    SBGS control monitoring and reporting
    Logical access management- all systems
    Represent GM in various risk forums> Kenya OPCO/Kenya BR Forum/Africa BRCC forum/Africa GM Business Managers Forum/Regional Financial Review forum

    Business and Management Reporting

    Leading the new products process for GM and engagement in the NPC process
    Market FX research and reporting
    Stakeholder engagement- Credit/Operations/Market risk/Operational risk/Audit/Finance
    GM Manco coordination
    Co-ordination of annual budgets and strategic plans for the GM business.
    Cost management and control oversight for the GM team.
    Capital forecasting and control oversight.
    Co-ordination of monthly MIS, as required.
    Financial performance review- Monthly in country and with Centre management- Cost and revenue

    Business Planning and Development

    Primary responsibility to procure and co-ordinate Support (Risk, Operational, Systems, Compliance, Legal…etc)
    Provide guidance to the GM Head and the whole of GM management team on all business requirements
    Correspondent banking and development of counterparty dealing capabilities (ISDA, ISMA etc)
    Liaison with the Legal, Market Risk, Credit and other Risks functions to clear obstacles for in-country dealing.
    Management of front office systems- market data and telecom requirements and project management
    GM Project management- system upgrades/deployment/new product engagements/special projects

    QUALIFICATIONS

    Business degree
    CPA/CFA/ACCA certification
    2-4 Corporate Banking experience
    2 Years experience in risk management
    Treasury/ Global Markets experience
    Strong MS Office knowledge
    Sound knowledge of banking products/services and the procedures underpinning them.
    Knowledge of the Code of Banking Practice.
    Basic knowledge of the functions of the various departments within the Bank

    Apply via :

    www.standardbank.com

  • Head of Collections and Recoveries

    Head of Collections and Recoveries

    Job Summary
    The role holder will be expected to execute and oversee the implementation of initiatives related to Pre-delinquency, Delinquency, Charged off and Post Write Off portfolio Collections and Recoveries for Absa Bank Kenya limited with specific responsibilities on:

    End to End operational design.
    Operational planning and performance.
    Design, development, change acceptance and operational efficiencies.
    Resource management.
    Ownership of the annual operating budget.
    Managing the Collections & Recoveries relationships with in-country partners and the Group team.

    Job Description

    KEY ACCOUNTABILITIES

    Business Management:

    Align the country and Group targets for Collections to the goals outlined in the relevant Collections strategy. Explain targets to team members to ensure their comprehensive understanding as well as monitoring of execution.
    Co-develop collections plans in conjunction with the Group Regional Head and oversee the complete country execution to reduce Impairments for the portfolio under management.
    Execute the relevant segmentation strategies into the Collections portfolio country-wide.
    Align country Collections plans and resources to the country and Regional Office focus, thereby ensuring consistency. Translate and communicate the Collections strategic goals for effective execution within the country.
    Network internally to the country and in the region across all Collections shops to identify and capitalize on best practices and business trends in Early Collections, Late Collections, Bankruptcy, and Assets in possession.
    Use and analyze industry knowledge and trends as well as customer and consumer feedback to build recommendations to improve business performance with a focus on customer.
    Rehabilitation and Retention. Work with the relevant Regional Head of Collections and the in-country CRO (Chief Risk Officer) to implement and optimize the collections capability from the trends.
    Review current process and procedures and continuously innovate and look for opportunities to improve efficiency within the current processes and control frameworks. Any proposed changes that are outside approved processes require escalation within the existing framework.
    Assess and monitor the Collections Portfolios with the focus on rehabilitation and customer retention.
    Analyze and identify accounts in Recoveries that are beyond rehabilitation and implement appropriate strategies to address.
    Analyze and interpret Management Information trends and proactively act on these results.

    Financial Management:

    Monitor the expenses within the unit and ensure that budgeted limits are adhered to. Escalate overspend items.
    Manage the internal incentive pool as stipulated in the approved guidelines, where the scheme has been approved and is in force.
    Ensure that the business remains within the Impairment budget allocated to the Collections & Recoveries unit by reviewing performance statistics provided by the respective teams on a daily, weekly and monthly basis.
    Ensure efficient utilization of existing resources and facilities. Provide a motivation to the Regional Head of Collections and Country CRO for any additional resource requirements.
    Manage the overall performance of the Collections & Recoveries Portfolio for the country.
    Manage the Ageing of portfolios effectively to minimize impairments within the rules as defined in the applicable policies of the bank.
    Oversee the profitability of asset realization in Secured Recoveries, by closely monitoring the Assets in Legal process.

    Operational Planning and Performance:

    Accountable for the definition, agreement and achievement of Collections & Recoveries operational performance objectives.
    Accountable for the Collections and Recoveries operating budget.
    Accountable for identifying operating requirements and improvements for the end to collections & recoveries processes.
    Accountable for building strong relationships with service providers, including 3rd parties and internal areas, to drive out process improvements and establish operational designs.
    Accountable for change acceptance and implementation within the operating environment where the changes impact the operating design and/or processes.
    Accountable for ensuring all new and existing processes comply to legal and regulatory requirements and reduce exposure to fraud as well as being supported at an appropriate cost.
    Accountable for ensuring quality MI is produced to enable performance and benefits to be monitored and measured.
    Accountable for managing the Collections relationship with the Absa Partnerships team and with Partners directly (as appropriate) to plan resources , processes and strategies to deliver the Collections component of joint ventures.

    Risk Management and Controls:

    Oversee the implementation and compliance of policies, procedures & technical systems that support the operational area.
    Management of policy dispensations and waivers in conjunction with Group Regional Head and Risk Management.
    Identify and report on the reputational risk associated with the Collections & Recoveries Portfolio. Make recommendations on how to address issues identified.
    Ensure that processes, control requirements and risk management frameworks that have been designed for the area are understood by all members of the team.
    For audit findings that have an impact on the area, work with the Regional Head of Collections to understand what actions are required to close out findings and implement the required actions.
    During scheduled audits and management assurance reviews, ensure that all information required by the auditors are provided timeously.
    Log all Risk and Loss events as a result of error or fraud highlighted in the department. Ensure that the issues are thoroughly investigated and closed or escalated as per policy.
    Ensure that the team understands all compliance requirements and highlight gaps to the Regional Head of Collections and the Head of Risk.
    Monitor compliance training undertaken by team members and ensure that they complete the required training within prescribed timelines.
    Ensure that all regulatory requirements specific to the country and Absa are adhered to.
    Design of key controls within the Collections team to ensure adherence to all applicable policies.
    Recommendation of changes to be applied to the policies as per Absa processes.
    Ensure that the Business Continuity Tool is updated regularly. Arrange for team members to participate in BCM tests at the required intervals and document test results. Work with other managers in the area to implement corrective measures in case of test fails.
    Ensure that all Manager, team leaders and team members understand the control requirements related to physical and systems access control and information security requirements.
    Ensure that the Collections shop has proper representation to address occupational health and safety requirements.

    People Management:

    Develop a high performing team by: Recruiting and promoting the best people in line with the business’s needs, supporting the enhancement and development of people, embedding formal performance development and informal coaching.
    Identify talent and develop successors to retain key individuals and skills sets within Absa through the succession planning process.
    Ensure that the Absa values are displayed and entrenched within the team and across the unit. Display and promote behaviors that support the Absa brand and culture.
    Hold Collections & Recoveries leaders accountable for performance and consequence management to entrench a performance culture.
    Manage change while maintaining operational effectiveness.
    Promote a learning culture and imparting technical expertise and knowledge through continuous coaching of staff.
    Pursue your own development to increase personal effectiveness, acknowledging strengths and areas of development.
    Delegate tasks appropriately according to the business requirements and ensure recognition thereof.
    Demonstrate personal accountability, integrity and maintain discipline across the in-country collections floor.
    Responsible for creating and sustaining a positive and energetic team spirit.
    Review and update departments Org Structures and Roles frequently to ensure that they are fit for purpose.
    Monitor Overtime and ensure that it is kept to a minimum and within Legislator requirements.
    Manage the Shift Allowance practices and take appropriate action.
    Initiate disciplinary processes and manage grievance procedures in conjunction with Human Resources as and when required.
    Address poor performance of team members through the formal Performance Accelerator Programme and ensure that continued poor performance is appropriately remediated.
    Participate in the creation and implementation of the relevant people practices surveys and actions for the country Collections team.

    Risk Control and Objectives:

    In the event of major issues in the business unit, act as crisis coordinator and allocate tasks to the crisis teams.
    Review the risk and compliance profiles of the business unit on a regular basis and provide consultative support to the Managing Director on changes that are required to rebalance risk and reward where required.
    Understanding of own role in the end to end processes in which you play a part, including applicable risks and controls.
    Adhere to Absa’s policies and procedures applicable to own role, demonstrating sound judgment and responsible risk management.
    Keep up to date on all regulatory changes and have the ability to articulate the impact to the Business, be well informed on the industry thinking.
    All mandatory training completed to deadline.

    Knowledge, Expertise and Experience

    Business Graduate.
    Minimum 5-10 years’ managerial experience.
    Minimum of 5 years in service management experience.
    Minimum of 4 years’ experience in a Leadership role.
    Communication and Negotiation skills particularly for debt counselling.
    Good interpersonal skills.
    Team Player.
    Analytical skills.
    Fraud prevention.
    Performance development.
    A high level of drive and determination.

    Skills and Competencies

    Leadership and management capabilities.
    Business and Financial Acumen.
    Good knowledge of Bank procedures coupled with risk management guidelines.
    Good knowledge of the bank’s customer service standards.
    Good knowledge of the Personal and Business Sector credit policy.
    A good understanding of the bank’s lending policies, principles and procedures.
    A sound knowledge of banks internal departments, systems and procedures.
    Good knowledge of operational risk and rigor requirements and standards applicable to the relevant processes and procedures.
    Budgetary management and cost reduction experience.
    An understanding of the team performance objectives – service level agreements and customer service targets.
    A broad awareness of Retail products and services.

    ​​​​​​​Education

    Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)

    Apply via :

    absa.wd3.myworkdayjobs.com

  • Senior Officer Revenue Assurance and Business Performance

    Senior Officer Revenue Assurance and Business Performance

    Description
    Purpose:

    Assist the revenue assurance manager in implementing a fully functional revenue assurance function in the bank under finance department

    Scope:

    Revenue Assurance, Business Performance, General Accounting, data extraction, mining and analysis

    Qualifications
    Revenue Assurance Duties:

    Conduct monthly interest income analysis
    Conduct monthly interest expense analysis
    Review all fees and commission reports prepared by the revenue assurance team
    Compile all the revenue leakage reports and communicate the same to relevant departments and branches.
    Follow up on closure of all the issues raised
    Fast track on total revenue leakage and recoveries done give an update on a monthly basis
    Prepare a weekly MD’S briefing
    Prepare a monthly CORC report
    Liaise with operations on need basis on process changes to help in curbing revenue leakages.
    Drive cost reduction, especially direct or product related costs in order to drive product, channel and segment profitability

    Business Performance Duties:

    Preparing of budgets including alignment of overall budget to individual business sectors
    Leading all aspects of business performance including crafting and implementing the annual balances score card and objectives
    Prepare  cost efficiency reports and identification of areas of cost optimization
    Provide support and assistance to the organization in the ongoing reporting and development of network reporting, executive and board dashboard key performance indicator and operational reporting requirements.
    Provide support to the Executives in achieving the organizational Strategic Plan including reviewing performance against the strategic objectives and tracking of the organization’s work plan by division
    Other duties consistent with the role where required and/or requested by Executives from time to time.

    Required Competence and Experience:

    A degree in Finance, Economics, Commerce or related field
    A master’s degree in economics, finance or business administration will be an added advantage
    Excellent knowledge of Microsoft office suite and other visualization tools such as PowerBI
    Knowledge in the below systems would be an added advantage:

    Structured Query Language (SQL)
    Oracle systems and database
    Oracle analysis
    Power BI

    Good Knowledge of general accounting principle and practices
    Highly developed written and verbal communication and presentation skills
    Commercial awareness of the bank and the industry

    Experience

    Minimum 4 years in a similar capacity

    Apply via :

    equitybank.taleo.net

  • Senior Portfolio Manager

    Senior Portfolio Manager

    Job Purpose:
    Credit Administration, Policy & Governance Unit falls within the Credit Division and overall job purpose is to maintain the quality of the personal check off loans through effective monitoring and control of the portfolio. The other roles include:

    Management of Global check off schemes to ensure full adoption, forwarding stop orders for loans taken over by other banks
    CRB Fata submission to the three CRBs, updates for customers who pay off their loans
    Release of securities
    MI and reports support for credit
    Corporate Loans Administration and Portfolio Management among other support roles.
    Portfolio management for Retail Banking, to generate and coordinate submission of accurate, timely management information reports and CBK regulatory compliance reports in line with the banks calendar of credit activities.
    Oversee preparation of Statutory and Banking reports, leading a team of two other resources

    Key Responsibilities:

    Monitor and control all personal loans in all KCB branches grade 10 and 20 by reviewing the efficiency and effectiveness of loans administration operations. 
    Closely monitoring grade 10 and 20 portfolio check off of 160,000 loans with a value of 180 Billion.
    Monitor branch lending to ensure compliance to lending policy and prescribed lending procedures. 
    Recommend to line management disciplinary action for breach of policy 
    Monitor service standards by checking for adherence with SLAs 
    Review the efficiency and effectiveness of loans administration by putting in place monitoring and risk mitigating procedures to stem migration. 
    Offer credit guidance to Retail Branch network on matters relating to credit; staff training, credit audit issues and monitoring functions 
    Enhance Bank/Employer relationship by offering guidance on matters relating to adoption of repayment instructions, repayment dates and staff training where need be. 
    Ensure timely presentation of the adoption schedules to all employers i.e. global, counties and localized and collection of the by-products for all schemes.
    Proactively monitor and address vintage. 

    Job Requirements:

    Degree from a University recognized by CUE.
    Professional qualification in CPAK/ACCA/ ACIB / AKIB will be an added advantage.
    Minimum of 7 years’ experience in Credit Analysis or Credit Administration / Credit Portfolio Management for personal loans related roles.
    Ability to communicate clearly and concisely, both verbally and in writing
    Experience in Managing large teams.
    Proven experience engaging with Banking Regulator, with demonstrated sound understanding of the regulatory environment including CBK Prudential Guidelines 
    Demonstrable understanding of Business fundamentals and the financial services industry.
    Must have awareness of current business trends, risks, challenges and opportunities

    Apply via :

    ke.kcbgroup.com

  • External Action Policy Officer Senior Banker Economist Senior Media Officer

    External Action Policy Officer Senior Banker Economist Senior Media Officer

    Operating network
    As an External Action Policy Officer, you will report to the Head of the Hub for East Africa. You will coordinate and cooperate with colleagues working in the Regional Hub in Nairobi and with Luxembourg-based teams.
    Accountabilities

    Proactively advise and provide professional support to the Head of the Hub in order to assist him/her in fulfilling his/her role; this includes:
    Support to representing and promoting the EIB and protect its Interests, as an integral instrument of EU External Action;
    Identify and gather Bank-relevant insights and information and contribute to the drafting of various documents, such as briefing material, reports, memoranda, speeches, presentations and notes
    Support the Head of the Hub in the exercise of his duties, by advising him on topical issues, as well as business and strategic relations;
    Upon request of the Head of the Hub, intervene in meetings or events both inside and outside the Bank
    Develop and maintain up-to-date knowledge of the political, operational, institutional, economic, social and cultural dimension of the countries under the responsibility of the Head of the Hub
    Share own specialised knowledge and experience with other members of the team, producing and delivering presentations, workshops and training seminars and materials;
    In alignment with the EIB Group’s communication strategy, pro-actively support the Bank’s communication and visibility objectives;
    Cooperate closely with and support the work of the respective operations departments, as well as support along the project cycle colleagues in the appropriate departments;
    Help develop and maintain a regular relationship with development partners, in particular EU Delegations in the East Africa region, by proactively liaising with them and producing regular reports on the status of such relations for the Head of the Hub.
    Maintain active contact with borrowers and other counterparts, including consultants working on EIB-funded projects, ensuring close relationship management and follow up on operations; in close cooperation with the Head of the Hub, network with local authorities, and with local bilateral and multilateral institutions, commercial banks, and other partners;
    Track the delivery of political, strategic, business and organisational priorities of EIB in the region.
    Produce and maintain regular record of EIB’s historic operations in the region, and pipelines going forward.

    Qualifications

    University degree in a relevant business- and/or international relations related discipline or equivalent qualification;
    Minimum of 8 years’ experience in the banking, financial or development sector, or international economic affairs;
    Direct, hands on business experience in the form of lending and/or equity investment experience in the Sub-Saharan region is considered an advantage;
    Familiarity with the work of International Financial Institutions would be advantageous
    Multi-country working experience in particular in the Sub-Saharan Africa region would be an advantage;
    Understanding of the EIB’s policy mandates and lending activities;
    Solid acumen in institutional affairs and policy analysis;
    Excellent drafting and presentation skills in English, communicating with clarity and concision and proven ability to summarise and present information;
    Experience in dealing with sensitive and complex issues;
    Knowledge of the standard IT office tools (Word, Excel, Power point);
    Excellent knowledge of written and spoken English. Knowledge of French will be an advantage.

    Competencies & skills

    Achievement Drive: continually keeps an eye on performance, focusing on improving it, showing drive and determination to meet short and long-term goals.
    Change Orientation: Adapts to differences and changes in the environment; takes a flexible approach to reach outcomes.
    Collaboration: Works cooperatively as part of a team; works collaboratively with peers across organisational boundaries based on a genuine interest in and an accurate understanding of others and their individual perspectives and concerns.
    Organisational Commitment: Is willing to commit to an organisation whose mission is to support Europe and is open to diversity, and to align her/his own behaviour with the organisation’s needs and intrinsic values, acting with integrity in

    go to method of application »

    If you are interested in applying, please submit your CV and Motivation Letter to EIB.nonEUrecruitment@weareams.com. Please include information about location and job title in the subject line.Deadline of applications: 21/04/2021

    Apply via :

    EIB.nonEUrecruitment@weareams.com

  • Wealth Management Risk & Reporting Officer

    Wealth Management Risk & Reporting Officer

    Job Purpose Statement
    To carry out operations, reporting and reconciliations for the Wealth Management business and ensure all fund transactions are accurately captured on APX, investments are correctly priced and reconciled as per the investment policies. Act as a liaison with Finance on all financials, reconciliations and tax matters.
    Key Accountabilities (Duties and Responsibilities)
    Financial 20% 

    Follow up with fund managers and dealers for correction of any breaches in placement and asset class limits.
    Preparation of CIS trial balances and liaising with finance on CIS Financials.
    Ensure timely payment of all service providers i.e. Trustees, custodians, regulator, auditors and AGM service providers.
    Ensure tax is remitted and all funds are compliant with the tax guidelines.
    Reporting on funds managed by wealth management on behalf of NCBA Group and its subsidiaries.
    Ensure all agents fees are calculated and paid as per the agreed timelines.

    Internal business processes 50% 

    Input of securities static data On Advent portfolio Exchange.
    Ensure the Trustee, CMA and RBA reports are completed and sent as per regulation to avoid any penalty.
    Follow up with fund managers and dealers for correction of any breaches in placement and asset class limits.
    Ensure all Collection and Fund account reconciliations are done in a timely manner and escalate any variances that may require provisions.
    Ensure all wealth management portfolios are maintained in APX as per client instructions.
    Working in close liaison with client service team, investment dealers and investment managers to ensure accurate and timely processing of client investment and liquidation transactions as well as dealing activities.
    Accurate maintenance of NCBA Group counterparties and dealers limits for wealth management to ensure no investment is booked for a counterparty without limits and funds remitted to the counterparty.
    Ensure all transactions are done as per set procedures to limit breaches of internal controls.
    Daily Reconciliation of all APX cash ledgers and balances against custody statements.
    Daily reconciliation of CIS Fund units against client holdings and fund values.
    Weekly reconciliation of CIS Fund Holdings against custody.
    Monthly reconciliation of Wealth management client Holdings against custody.
    Monthly reconciliation of pension fund holdings against custody.

    Customer 20% 

    Co-ordinate the annual external audit for the CIS and pension funds.
    Coordinate tax requests and confirmations for clients that have wealth management portfolios to ensure timely responses.
    Co-ordinate all external audit requests for clients that have wealth management portfolios.
    Handle all correspondence with banks and other service providers in regards to SSI’s and signatories.
    Ensure all processes under wealth management are being done as per SLA.

    Learning and growth 15% 

    Continuous learning of industry rules, regulations and changes in line with the role carried out.
    Training of internal staff on the use of the APX system as well as wealth management processes to ensure development and growth of Financial Markets Operations team
    A good understanding of CMA and RBA regulations

    NCBA Bank Core Value Behaviours (Performance Drivers)

    DRIVEN: – We are passionate, make bold decisions and learn from our failures. We seek new challenges and appreciate different views constantly raising the bar. We explore our full potential.
    OPEN: – Our interactions are candid, honest and transparent. We listen to each other and our clients. We are inclusive and always respect each other.
    RESPONSIVE: – We are proactive, act quickly and resolutely to deliver results. We put our customer’s interests at the heart of all that we do. We keep it simple and seek new ways to improve.
    TRUSTED: – as a trusted partner, we do what is morally right always. We keep our word. We are accountable and believe in each other.

    Ideal Job Specifications

    Academic: University degree.
    Professional: CISI and/or other relevant professional qualifications in fund management operations will be an added advantage.

    Desired work experience:

    Three years’ experience in investment banking operations with specific experience in fund management operations.
    Practical experience in use of relevant MS Office applications.
    Practical experience in use of portfolio management systems.
    Knowledge and effective application of all relevant banking policies, processes, procedures and guidelines to consistently achieve required compliance standards or benchmarks.
    Knowledge of relevant wealth products and services.

    Technical Competencies

    Technical skills to effectively perform and/or guide performance of Wealth management & unit trust activities/tasks in a manner that consistently produce high quality of service.
    Working knowledge of CMA and RBA guidelines and rules in line with the investment of funds.
    Working knowledge of Custodial operations
    Knowledge of relevant securities products and services.
    Daily pricing of all CIS products and the securities that make up the CIS portfolios. Escalation of any adverse changes in prices to the Investment managers in a timely manner.
    Prepare the monthly wealth management report for retail and corporate relationship managers’ performance against their budgeted numbers.
    Creating, amending, deleting and monitoring on a daily basis, dealers and counterparties limits within NCBA Wealth Management.

    Behavioural Competencies

    Self-empowerment to enable development of open communication, teamwork and trust that
    are needed to support performance and customer-service oriented culture
    Interpersonal skills to effectively communicate with and manage customer expectations
    (internal and external), and other stakeholders who impact performance
    Monitor the IBPS wealth management SLA and ensure all transactions are being handled as per SLA.
    Prepare the monthly GL reconciliation reports shared by Finance and ensure all variances have been raised and escalated to the Finance recon team.

    Apply via :

    ke.ncbagroup.com

  • Officer, Account Management

    Officer, Account Management

    JOB PURPOSE
    Ensure that the Bank’s need to provide adequate controls over the risks encountered in the post-credit granting stage of the credit process are satisfied by:-
    Assisting in the implementation of the credit procedures by maintaining a tight control over all aspects of advance administration to contain credit risk within acceptable parameters and ensuring that all bank and statutory returns and reports are produced in an accurate and timely manner.
    Actioning all identified credit control events and defaults, in order to reduce the roll rate of non-performing loans into lock up portfolio by providing a prompt and orderly turnaround environment in which controls can be exercised to ensure that the Bank is not faced with avoidable losses
    KEY RESPONSIBILITES
    Risk Management

    Ensure that all the necessary controls and systems are in place to address the risks encountered in the post-credit granting stage of the credit process.
    Approve draw down of facilities once satisfied that all terms and conditions of sanction/covenants have been met and all required collateral have been obtained and are in legal order.
    Loading of review dates, new risk grades, interest rates and limits relating to the approved applications. Ensuring that the above information is at all times correct and current. Where discrepancies/irregularities are evident, corrective action is to be taken without delay.
    Accounts identified as problematic are placed on the watch list and re-risk graded to reflect their current irregular status.
    Accounts identified as problematic are taken up with the Business Unit to ensure that remedial action is taken to regularise the exposure and /or escalate them to the Rehabilitation and Recoveries team• Ensure compliance with all relevant regulatory and statutory requirements.
    Close monitoring of excesses.
    Establish reasons for risk exposure in excess of credit facilities, evaluates these in relation to business risk parameters. Monitors utilization in excess of credit facilities.
    Manage and monitor the following irregular accounts :
    Dormant accounts
    Accounts in excess of arranged limits
    Accounts with a debit balances without arranged limits
    Expired facilities
    Accounts identified as irregular are developed with the respective Account Analyst to ensure that remedial action is taken to regularise the exposure and /or escalate them as per escalation procedure
    Propose remedial action in terms of irregular accounts to regularise. Suitable diary notes are to be kept to follow up on agreed actions. Assistance of responsible Account Analyst is to be enlisted where necessary.
    Maintain a diary system to ensure timely follow up and ensure that corrective action is taken and the account rectified as indicated.
    Proactively drive review process of existing facilities, ensuring consistent thorough and timely evaluation of all existing facilities.
    Communicate with branches to ensure regularisation of accounts
    Any other adhoc duties
    Ensure that the key measures to Johannesburg are completed at the agreed intervals

    QUALIFICATIONS

    Business related degree
    Banking experience, particularly pertaining to credit risk management, banking processes with regard to banking products and the operation thereof.
    Broad knowledge of applicable Acts and Bank Manuals.
    Energetic and with sound decision skills
    Must be able to work under pressure and remain focussed.
    Analytical with a tolerance for high volumes and problem absorption whilst detailed oriented.
    Thorough understanding of the bank’s products and facilities, and where the risks lie in these facilities. Understands the terms of the facilities, and the conditions that will need to be compiled with over the duration of the facility’s life to ensure that legal risk is effectively restricted.
    Deep knowledge of various legislative requirements, particularly as it pertains to credit agreements, loan documentation, legal processes, and the variety of lending mechanisms and types of collateral that may be used.
    Thorough understanding of relevant registration processes and various contingencies that may occur under exceptional conditions particularly pertaining to the assets of large corporate organisations.
    Understanding of the bank’s systems, policies and procedures in order to optimally draw on the available information to manage and control the post-credit granting processes.

    Apply via :

    www.standardbank.com