Jobs Kenya

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

  • Officer, Credit Evaluation

    Officer, Credit Evaluation

    Principle Accountabilities

    Give quality feedback to the business teams on the quality of applications and the areas of improvement.
    Support the business teams in serving their customers in a timely manner by giving prompt feedback.
    Give business reports on loans approved, sent back, and declined to help in decision-making.
    Supporting branches in packaging credit proposals to ensure clarity for faster approval and adoption.
    Provision of training and constant telephone and email engagements to maximize on TAT.
    Appraising borrower information to determine ability to service loan for purposes of adherence to the lending policy. This is to be done through various analysis templates depending on limits and nature of income of borrowers. (In i-apply). This includes but not limited to:
    Identify loan product requested by the customer and the requirements.
    Ensure the necessary KYC requirements have been adhered to, call backs on employment letters, statements etc. have been performed.
    Conduct thorough analysis of financial statements and assessment of credit requests, through preparing spreadsheets and models.
    Preparation of the Loan approval memo to the Lending Committee for approval and adoption or decline. 
    Assess collateral adequacy.
    Review prevailing economic trends, and risk ratings, and applying the same in the appraisal process.
    Bring out policy exceptions and breaches, recommend adequate mitigants, and seek necessary approvals.
    Recommend, Approve, Refer or Decline requests for Credit Facilities in accordance with the Delegated Authority Mandate.
    Updating and production of reports for monitoring and control to meet the expected Turnaround Time.
    Monitoring branch loans and overdrafts performance to ensure minimum delinquency.
    Giving feedback on loan applications to facilitate decision making for purposes of adoption or decline.
    Preparing credit and debt management reports/returns. Create credit scoring models to predict risks.
    Ensure fulfillment of all sanction conditions and other covenants during annual review of facilities.
    Ensure compliance with all credit policy guidelines & CBK prudential guidelines.
    Follow through with credit transactions to the end.
    Training teams one on one to reduce on back and forth.
    Monitor turnaround time on requests.
    Supporting the RO/RMs to achieve set income targets (Interest income and non-interest income).
    Ensure the correct charges are applied to Credit Facilities.
    Manage office costs within reasonable levels.
    Cross sell bank products.
    Prioritize quick win products while adhering to laid down SLA’s.

    Key Competencies and Skills
    Technical skills

    Corporate Competence: Working knowledge of the Bank’s products, the Bank’s Credit policy and CBK Prudential Guidelines.
    Financial analysis Skills: Ability to analyze and/or interpret financial statements and advise accordingly.
    Analytical business and investment appraisal Skills: Keen to detail and able to conceptualize financial investment proposals and provide viable solutions.
    Technology Skills: Computer literate with proficiency in computerized financial analysis applications.
    Industry knowledge: Candid knowledge of the various sectors of the economy and the investment opportunities.

    Personal attributes

    Goal driven and results oriented enjoys being measured and judged by financial and other performance targets.
    Personal Ethics: Must be honest, fair and just with self and others, and demonstrate integrity in work and business contacts.
    Communication Skills: Excellent written and verbal communication skills and presentation skills.
    Interpersonal Skills: Must be a people’s person, with ability to interact with key contacts in the finance sector.
    Proactive Initiator: Must be pro-active, a self-starter and have the ability to see, grasp and advise on opportunities.

    Minimum Qualifications, Knowledge and Experience
    Academic Qualifications:

    University Degree in the following: Economics, Commerce, Business Administration.

    Professional Qualifications:

    Credit Management, Accounting or Banking Qualification (AKIB)

    Work Experience:

    Minimum of 5 years’ experience in banking and financial analysis 2, of which must be credit department or credit related area.

    Apply via :

    www.hfgroup.co.ke

  • Senior Manager Credit Risk Management Secured

    Senior Manager Credit Risk Management Secured

    JOB SUMMARY

    The Senior Manager Credit Risk Management is responsible for identification, assessment, monitoring and mitigation of Credit Risk covering but not limited to Secured Products within the Africa Retail Business. The role holder will ensure that the strategies drive strong financial performance within the allowed risk appetite while maintaining strong risk controls. The Head of Credit Risk Management will regularly engage Country, Regional and Group senior management within Risk, Product, Lending and Finance to drive business forward.

    RESPONSIBILITIES
    Strategy

    Managing the Credit risk profile of the Secured portfolio (Mortgages, Auto and Wealth Lending) within the Bank’s risk appetite. Ensure consistent application and enforcement of the policies, processes, and controls.    
    Develop, test, optimise and implement Credit strategies in accordance with strategic objectives.
    Uphold the integrity of risk/return decisions, ensuring credit origination and control decisions are properly informed and consistent with strategy.

    Business

    Act as second line of defence LOD.
    Prepare Consumer Banking Secured (Mortgages, Auto and Wealth Lending) Credit documents including Credit Approval Documents (CAD), Credit Procedure Manual (CPM) and Campaign Recommendation Document (CRD).
    Integration of Group Credit Policy/Standards with Consumer Banking Secured Lending strategy/plan and ensuring adherence to Group Credit policy/standards in the Africa countries
    Ensure proper functioning of day-to-day controls, periodic monitoring activities and timely resolution of risk issues.

    Processes

    Assist the Regional leadership in maintaining the Consumer Banking Credit Policy to ensure policy aligns with the agreed risk appetite, reflects the key risk characteristics of the portfolio, and enables effective controls
    Monitor, review, and control risk profiles to ensure that portfolio shape is in line with strategy.
    Continuously improve the operational efficiency and effectiveness of risk management processes

    People & Talent 

    Ability to influence people who are not direct reportees.
    Strong stakeholder management skills.
    Ability to work with diverse teams across different geographies.
    Be a team player

    Risk Management

    Partner with the Group Credit Risk Management team to develop and execute the desired long-term shape of the Secured portfolio together with business stakeholders based on (a) strategy, (b) Here for Good and Treat the Customer Fairly principles (c) risk-return trade-off and risk appetite (d) volatility tolerance
    Proactively identify portfolio problems and take corrective action by effective use of MIS and Analytics
    Ensure compliance to Group Policies for Secured segments, ensuring timely gap analyses are done and dispensations obtained where required.
    Own and implement effective quality assurance framework across all secured portfolios.
    Maintain a good understanding of the requirements of key external stakeholders in respect of credit risk management and ensure these are well understood internally and reflected in internal procedures
    Ensure timely reporting of related portfolio information to Chief Credit Officer and to other relevant Country or Regional Committee’s or Forums

    Governance 

    Ensure that material risk exposures and related issues are reported to the responsible governance committees and to Group and business-level committees as appropriate
    Ensure first line process owners understand and accept the risk management responsibilities under Operational Risk Framework
    Ensure implementation and enforcement of the credit policies and risk control procedures.
    Review program proposals for new and existing products submitted by countries for approval, ensuring all risk dynamics are properly addressed and controlled
    Assist the countries in maintaining the Consumer Banking Credit Policy to ensure policy aligns with the agreed risk appetite, reflects the key risk characteristics of the portfolio, and enables effective controls.

    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 [Africa Consumer Private and Business Banking Risk team  to achieve the outcomes set out in the Bank’s Conduct Principles
    Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

    Key stakeholders
    Internal

    Members of Consumer Private and Business Banking Risk Management Group (CCO, CCH’s and Group CRM)
    Regional and Country Heads of Credit Initiation/ Risk Operations
    Regional and Country Heads/ Fraud Risk Managers
    Cluster & Country Consumer Banking Heads
    Members of Country and Cluster Consumer Banking Leadership Teams
    Country and Cluster Heads of Control functions
    Group Internal Audit
    Country Finance

    External

    Credit Bureaus
    External auditors

    Other Responsibilities

    Embed Here for good and Group’s brand and values in Risk; Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures

    QUALIFICATIONS

    At least 7 years of Risk experience especially in Retail Credit Risk Management and Risk operations.  Expertise in other areas of risk management other than Credit Risk management is an added advantage.
    Appropriate academic training; Minimum BA/BSC degree.
    Good knowledge and grasp of banking practices, Consumer Banking lending products and awareness of the regulatory frameworks across the Africa region.
    Stakeholder management skills.  Ability to work with people across the SCB network
    Excellent communication skills.

    Apply via :

    scb.taleo.net

  • Sr Manager, CRM Business Banking – Africa

    Sr Manager, CRM Business Banking – Africa

    The Role Responsibilities

    The Senior Manager Credit Risk Management is responsible for identification, assessment, monitoring and mitigation of Credit Risk covering but not limited to Business Banking Products within Africa CPBB. The role holder will ensure that the strategies drive strong financial performance within the allowed risk appetite while maintaining strong risk controls.
    The Senior Manager Credit Risk Management will regularly engage Country, Regional and Group senior management within Risk, Product, Lending and Finance to drive business forward. 

    Strategy

    Managing the Credit risk profile of the Business Banking within the Bank’s risk appetite. Ensure consistent application and enforcement of the policies, processes, and controls.    
    Develop, test, optimise and implement Credit strategies in accordance with strategic objectives. 
    Uphold the integrity of risk/return decisions, ensuring credit origination and control decisions are properly informed and consistent with strategy.

    Business

    Act as second line of defence LOD. 
    Prepare Business Banking Credit documents including Credit Approval Documents (CAD), Credit Procedure Manual (CPM) and Campaign Recommendation Document (CRD). 
    Integration of Group Credit Policy/Standards with Consumer Banking Secured Lending strategy/plan and ensuring adherence to Group Credit policy/standards in the Africa countries
    Ensure proper functioning of day-to-day controls, periodic monitoring activities and timely resolution of risk issues.

    Processes

    Assist the Regional leadership in maintaining the Consumer Banking Credit Policy to ensure policy aligns with the agreed risk appetite, reflects the key risk characteristics of the portfolio, and enables effective controls
    Monitor, review, and control risk profiles to ensure that portfolio shape is in line with strategy.
    Continuously improve the operational efficiency and effectiveness of risk management processes

    People and Talent

    Ability to influence people who are not direct reportees.
    Strong stakeholder management skills.
    Ability to work with diverse teams across different geographies. 
    Be a team player 

    Risk Management

    Partner with the Group Credit Risk Management team to develop and execute the desired long-term shape of the Secured portfolio together with business stakeholders based on

     strategy,
     Here for Good and Treat the Customer Fairly principles 
    risk-return trade-off and risk appetite 
    volatility tolerance

    Proactively identify portfolio problems and take corrective action by effective use of MIS and Analytics
    Ensure compliance to Group Policies for Secured segments, ensuring timely gap analyses are done and dispensations obtained where required.
    Own and implement effective quality assurance framework across all secured portfolios. 
    Maintain a good understanding of the requirements of key external stakeholders in respect of credit risk management and ensure these are well understood internally and reflected in internal procedures
    Ensure timely reporting of related portfolio information to Chief Credit Officer and to other relevant Country or Regional Committee’s or Forums

    Governance

    Ensure that material risk exposures and related issues are reported to the responsible governance committees and to Group and business-level committees as appropriate
    Ensure first line process owners understand and accept the risk management responsibilities under Operational Risk Framework
    Ensure implementation and enforcement of the credit policies and risk control procedures.
    Review program proposals for new and existing products submitted by countries for approval, ensuring all risk dynamics are properly addressed and controlled
    Assist the countries in maintaining the Consumer Banking Credit Policy to ensure policy aligns with the agreed risk appetite, reflects the key risk characteristics of the portfolio, and enables effective controls. 

    Regulatory and 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 [Africa Consumer Private and Business Banking Risk 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.

    Key stakeholders
    Internal 

    Members of Consumer Private and Business Banking Risk Management Group (CCO, CCH’s and Group CRM)
    Regional and Country Heads of Credit Initiation/ Risk Operations
    Regional and Country Heads/ Fraud Risk Managers
    Cluster & Country Consumer Banking Heads
    Members of Country and Cluster Consumer Banking Leadership Teams
    Country and Cluster Heads of Control functions
    Group Internal Audit
    Country Finance

    External

    Credit Bureaus
    External auditors

    Other Responsibilities

    Embed Here for good and Group’s brand and values in Risk; Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures; 

    Our Ideal Candidate

    At least 7 years of Risk experience especially in Retail Credit Risk Management and Risk operations.  Expertise in other areas of risk management other than Credit Risk management is an added advantage.
    Appropriate academic training; Minimum BA/BSC degree.
    Good knowledge and grasp of banking practices, CPBB lending products and awareness of the regulatory frameworks across the Africa region.
    Credit training including CSAs, BB CSAs
    Stakeholder management skills.  Ability to work with people across the SCB network 
    Excellent communication skills.

    Role Specific Competencies

    Analytical Skills
    Retail Credit Risk Management
    Wealth Lending
    Risk Operations
    Interpersonal skills
    Communication Skills

    Apply via :

    scb.taleo.net

  • External Action Policy Officer

    External Action Policy Officer

    Purpose

    The External Action Policy Officer will support the EIB operations in East Africa and will work within a team of international and national personnel located both in Nairobi and at the EIB’s headquarters in Luxembourg.
    The External Action Policy Officer will (i) proactively advise and provide professional support to the Head of the Regional Hub for East Africa, in order to assist him/her in fulfilling his/her role ii) support the development of high-level relations with international financial and other institutions based in the region; (iii)  support the relationship and communication with local authorities as well as local economic actors on issues of common interest; (iv) promote the EIB  as the Bank of the EU; (v)  promote the EIB as a potential partner of regional stakeholders investing in EIB countries of operation.
    The External Action Policy Officer will report to the Head of the Regional Hub for East Africa. S/he will coordinate and cooperate with colleagues working in the Regional Hub for East Africa in Nairobi and with Luxembourg-based teams, in particular with the team of External Action Policy Officers in the External Action Representation (EAR) Division.

    Accountabilities

    Proactively advise and provide professional support to the Head of the Regional Hub for East Africain 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;
    Under the guidance of Head of Hub, identify and gather Bank-relevant insights and information and contribute to the drafting of various documents such as briefing material, reports, memoranda, speeches, presentations, notes internal and external newsletters, and confidential internal memos (Privileged Insights)
    Support the Head of 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 Hub, intervene in meetings or events both inside and outside the Bank
    Produce and maintain Country Reports and briefings for internal use for the countries in the East Africa region
    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  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 and under the guidance of the Communication department, support the (head of the) regional representation’s communication and visibility activities.
    Collaborate with the global team of External Action Policy Officers in the External Action Representation (EAR) division, based in Luxembourg, and in other locations, etc.
    Help develop and maintain a regular relationship with development partners, by proactively liaising with them and producing regular reports on the status of such relations for the Head of Hub
    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
    Support the Head of Hub in the organisation of high-level business visits to the countries under responsibility (members of the Management Committee, members of senior management of the Bank, European Officials, etc).

    Qualifications

    University degree in a relevant business-related discipline or equivalent qualification, preferably in international relations
    Minimum of 5 years’ relevant experience, ideally 8, in roles such as, for example:   policy officer, policy analyst, communication officer or relationship manager
    Proven experience in research, analysis and report writing
    Familiarity with the work of International Financial Institutions would be advantageous
    Very good knowledge of and work experience in specific country(ies) related to the post and strong understanding of the geopolitical and economic situation in the East Africa region
    Multi-country working experience in the region would be an advantage;
    Solid acumen in institutional affairs and policy analysis
    Experience in dealing with sensitive and complex issues
    Strong diplomatic and communication skills are essential
    Proactive and able to work independently
    Knowledge of the standard IT office tools (Word, Excel, Power point)
    Excellent knowledge of written and spoken English. Working knowledge of French would be advantageous

    Apply via :

    erecruitment.eib.org

  • Team Member, Strategy & Performance Management Team Member, Revenue Assurance Team Lead, Revenue Assurance

    Team Member, Strategy & Performance Management Team Member, Revenue Assurance Team Lead, Revenue Assurance

    ROLES & RESPONSIBILITIES:
    Strategic Management

    Assist to Drive strategy/ business planning Group-wide
    Drive the development of business targets for the achievement of the bank’s corporate financial and non-financial goals and objectives
    Continuously review the Group’s operating model for effectiveness and drive high-level organizational alignment Group-wide to eliminate duplications and redundancies
    Define and implement high impact transformational initiatives that deliver tangible and quantifiable business results Group wide
    Derive and implement business insights from regular rigorous economic & environmental assessment including for the purpose of strategic planning and management decision making
    Manage Success Transfer Group-wide (i.e. ensure high impact business and operational initiatives in one subsidiary or business area within the Group, are harvested on a real-time basis, leveraging on technology, and implemented in all other relevant business areas/all subsidiaries Groupwide)
    Provide Strategic Issue Resolution with high impact and quantifiable business results
    Provide executive decision-making support to Executive Management

    Performance Management

    Design and manage the Group-wide business performance management system
    Create real-time visibility for business performance for all business and functional areas and subsidiaries in relations to revenue generation, cost management and overall profitability
    Provide regular business performance analysis and competitor performance benchmarking to support decision making for business leaders
    Ensure branch and sales staff productivity through branch performance drive and support to Business Leader
    Institutionalize cost discipline and framework for cost management specific to individual business and functional areas across the Group
    Provide Business Leaders with relevant and accurate internal business reporting to support business drive

    Business Intelligence

    Provide economic, market & business intelligence for strategic, tactical and operational decisions
    Gather, analyze and maintain economic data and statistics to provide business insights with the objective of driving business growth, efficiencies and overall profitability Groupwide
    Conduct in-depth market and sectoral analysis and provide regular market intelligence with the objective of identifying business opportunities and inherent risks for guide business leaders
    Conduct in-depth analysis of competitor business activities and performance to provide up-to-date business transformation and improvement insights and benchmark indicators for UBA
    Conduct regular rigorous analysis of internal business activities and performance for comparative and benchmarking purposes.

    Financial Planning

    Drive the preparation of the short-term, mid-term and long-term forecasts and financial plans to deliver an optimized and efficient balance sheet and achievement of the Bank’s P&L targets
    Develop and implement appropriate strategic responses to global economic policies and events and their impacts to ensure achievement of the Bank’s Financial Plans

    Balance Sheet Management

    Ensure the Group and subsidiaries’ balance sheet structures are optimized and efficient
    Develop the systems to ensure visibility and management of balance sheet activities across business units and subsidiaries group wide to achieve Group’s balance sheet objectives
    Develop timely and quality ALCO reports across the Group and fully implement ALCO decisions on the Group and subsidiaries’ balance sheet structures
    Identify/measure group balance sheet gaps/risk and formulate strategies to manage identified gaps and risks
    Monitor and ensure compliance with Internal Balance Sheet Ratios and Regulatory requirements across the Group.

    EXPERIENCE:

    Prior experience in Banking
    CPA Finalist
    Minimum 2 years work experience in either accounting, audit or data analysis
    Holder of an equivalent bachelor’s degree in a finance related discipline, economics and/or any other business-related field
    Knowledge of business performance review and preparation of business performance reports.
    Possess enthusiasm, initiative & a positive can do’ attitude in exceeding expectations
    Be professional, confidential, impartial & trustworthy; with a highly ethical demeanor
    Proactive critical thinker with effective planning, scheduling and time management skills
    Highly disciplined, mature and well organized, with a systematic, structured work approach
    Highly effective interpersonal, problem solving & coordination skills
    Highly effective written & verbal reporting (communication) skills

    KEY KPI’s

    Achievement of the Bank’s PBT Target
    Achievement of the Bank’s Market Share growth targets in all countries of operation
    Attainment of UBA’s target market value compared to peer banks
    PBT Budget Achievement for the business units
    Achievement of the Cost to income ratio target for coverage businesses
    Achievement of projected Balance Sheet Structure and financial ratios for Group and subsidiaries
    Percentage of profitable branches/business units to total branches/ business unit
    Timeliness and quality of MIS and market intelligence reports as reported by supported business leaders
    Ensure regularity in the conduct of periodic MPRs and QBRs Group wide

    go to method of application »

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

    Apply via :

  • Group Head of Reconciliation Head of Corporate Operations

    Group Head of Reconciliation Head of Corporate Operations

    Purpose

    The Group Head of Reconciliation will provide management, leadership and development to the Bank Reconciliation team and general oversight of reconciliation across the Group, ensuring accurate and timely completion of daily and monthly reconciliations of all bank General Ledgers. As part of the management team, the Group Head of Reconciliation will play an integral role in ensuring improvement of current processes, systems, controls, ensuring efficiency through processes surrounding Reconciliation and building centre of excellence.

    Key Responsibilities

    Establish controls to ensure reconciliation is performed in a timely manner implementing a process to reconcile General Ledgers daily.
    Establish detailed process documentation for performing reconciliation and maintain documents to ensure they are current and result in the best operational service and delivery.
    Lead a team responsible for the development and program management of a consolidated roadmap for all departments across Reconciliation Services in the Group.
    Be part of the Program management team for Equity Group Reconciliation Transformation Strategy.
    Build and maintain strong internal working relationships across all countries.
    Success will be measured on the reduction of platforms, breaks, audit points, cost, and unreconciled balances.
    Develop and maintain relationships with external and internal partners and clients.
    Monitor, track, and report on performance against service level goals and benchmarks.
    Provide subject matter expertise to business-driven initiatives, internal partners, leadership, or projects related to Reconciliation, as necessary.
    Liaise with Risk & Compliance Department to ensure policies and procedures pertaining to Group Reconciliation are appropriately implemented.
    Participate in enterprise-wide control and governance programs and assist the company to implement control and governance programs from enterprise perspective.
    Involve in projects relating to the enhancement of reconciliation capabilities / processes for all monthly intragroup reconciliations.
    Oversees the development of Operational Procedures for the centre of excellence.
    Builds a scalable operation that can ultimately support all jurisdictions and can absorb additional volume from any acquisition activity.
    Provide technical expertise in the use of Reconciliation system functionality to the teams and business lines

    Qualifications
     
    Job Holder specification
    Formal Education:

    At least an Undergraduate Degree from a recognized university. ACCA / CPA Certification will be an added advantage. 

    Experience:

    Financial Services, banking, regulatory and commercial experience Team management

    Technical Experience:

    5 – 7 years in Banking Operations, performing General Ledger reconciliation, data management and performance.

    Essential:

    Previous operational controls experience at a manager level
    Ability to produce, analyze and interpret reports that demonstrate compliance and successful risk mitigation

    Desired:

    Experience of digitizing services.
    Experience of Robotic Process Automation in General Ledger Reconciliation space.

    Functional/ Technical Skills
    Skill/ Experience

    Experience working at a manager level within an operational service environment within Financial Services.
    Proven track record in operational or assurance roles, ideally within the Financial Services industry.
    Experience of delivering operational Controls and Assurance functions with a good understanding of finance, assurance, and controls.
    Highly numerate and articulate with a strong commercial acumen – confident at presenting strategy and plans at team level.
    Strong negotiation and influencing skills to be deployed at all levels of the organization.
    Ability to work under pressure and to respond quickly to changing circumstances and tight timetables.
    Self-motivated, disciplined and organized.
    Experience in developing and managing teams.
    Proven ability to convey complex or financial information simply and clearly to a range of stakeholders.
    Knowledge of regulatory requirements and risks in the wider Financial Services arena.
    Strong Network of contacts and ability to bring external knowledge and thinking into the organization.
    Ability to learn from the non-Financial Services markets e.g. telecoms and Insurance and apply thinking to the products and services offered by Equity Group.

    Accountability
    Span of Control

    Manages professional employees and/or team leaders spanning across Equity Group.

    Accountability of Performance

    Has accountability for the performance and results of a team within the Group. Defines operating standards of own team.

    Tactical/Strategic responsibility

    Provides input into Group Digital Operations plans and policies to address resource and operational challenges. Addresses issues of business impact beyond own team.

    Budget & Resourcing accountability

    Exercises management authority on BAU decisions such as recruitment, talent management, performance reviews and improvement plans

    Problem Solving

    Decisions and problem-solving are guided by policies, procedures, and business plan; receives guidance from Group Director Operations

    Time Frame

    Focus is week to week, looking to ensure each area is performing to targets. Looking at performance trends as opposed to day to day changes

    go to method of application »

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

    Apply via :

  • Risk & Compliance Manager International Banking & Payments

    Risk & Compliance Manager International Banking & Payments

    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 within International Banking and Payments Department.

    Qualifications
     
    The position.

    The Risk & Compliance Manager shall be responsible for managing the various activities relating to financial crime/ market compliance risk assessment activities as they pertain to the portfolio of existing Equity Bank Group International Banking products and services.
    This is a regional role that will interface with a range of stakeholders across Equity Group Subsidiaries. The position holder will be expected to identify, measure, monitor and mitigate product inherent and residual risks so that business objectives are met in compliance with the bank’s risk appetite.

    Key Responsibilities & Accountabilities

    Perform risk assessments for new and on-going International Banking projects for purposes of ensuring compliance to relevant country, regional and global regulations and guidelines.
    Take ownership of the Regional Compliance risk assessment annual plan, this will include follow-up of the product business plan execution, the assessment of AML/CFT/Fraud/Markets compliance risks tied to payment and FX hedging products, the recommendation of mitigating controls and the production of product risk assessment documents for new strategic initiatives. 
    Provide guidance and advisory by answering queries related to products as part of business project reviews covering various risk categories, including geographical risks.
    Enhance collaboration within Equity Bank subsidiaries and partners on KYC, AML, and sanction issues using the latest technologies to enable prevention, detection, fraud or financial crimes through amalgamation of client data for streamlined and secure processes.
    Sensitize stakeholders at strategic and operational levels of Equity Bank Group on the International Banking regulations and processes accordingly and subsequently recommend enhanced training opportunities.
    Ensure that the various units of International Banking are trained and advised on the product risks accompanying their business projects, including creation and overseeing the activities of a joint product risk committee. 
    Maintain a broad knowledge of products and product features by working closely with partners, subsidiaries and the Enterprise Risk Management departments in Equity Bank group and subsidiaries.
    Determine and recommend system security improvements to enable compliance with best practice system risk & security requirements and global General Data Protection Guidelines, GDPR.
    Build relationships with the Bank’s internal departments and management to allow for successful collaboration in mitigating exposures that are a threat to International Banking and the bank’s objectives.
    Perform follow-up and support closure of compliance and risk related audit findings.
    Represent the bank as when required at various levels and platforms both locally and internationally to support the departmental objectives.
     

    Education & Qualifications – Requirements.

     Bachelor’s degree in a business management descipline or related field from a reputable instiution is prefered with a post graduate training in Financial services, Risk Management and or compliance as an added advantage.
    A minimum of four years’ successive employment in risk/compliance descipline in a busy organisation, with strong understanding of overall banking operations, systems, and processes.
    Minimum of 2 years’ experience in KYC and AML Compliance in a regional commercial bank.
    Minimum of 1- 3 years’ experience in policy formulation and dissemination, preferably with knowledge in  processes and procedures related to International Banking.
    A minimum of 2 years’ experience in interaction with banking systems in the risk management or controls front.
    Experience with projects risk management with demonstrated ability to conduct project risk assesments, quality assurance tests and compliance assesments.
    Experience in engaging C-level management and senior executives in facilitating decision-making and reporting.
    Demonstrate understanding of regional and global AML/ KYC, FATCA and CTF compliance regulations within the financial services industry. 
    Must have professional membership in Risk Managment and or Compliance with a globally accredited institution.
    Experience in working within a big-data analysis environment with the use of SQL /advanced Excel etc.
     

    Competencies / Attributes / Knowledge and Skills:

    Ability to manage and collaborate with geographically diverse teams and matrixed relationships.
    Ability to coach, mentor, train and transfer skills to others
    Adherence to a code of conduct and ethical guidelines.
    Understand, respect and practice the set of organization’s shared vision, mission and values, including mutual respect, equity and justice, honesty and transparency.
    Ability to communicate clearly and demonstrate good interpersonal skills
    High-level integrity and initiative taking and positive attitude towards learning and sharing.
    Ability to network and establish strong relationships with Equity Group partners and relevant stakeholders will be vital.
    Must have team building skills, personnel management and supervision skills.

    Apply via :

    equitybank.taleo.net

  • Projects and Infrastructure Finance Officer

    Projects and Infrastructure Finance Officer

    Job Summary:

    This position is responsible for deal sourcing, structuring, presentation to approval authorities    in line with the credit process, facilitation of the legal documentation process and achieving financial close of transactions.

     
    Job Specifications:

    The Projects and Infrastructure Finance Officer performs the following duties:
    Identify prospective clients (projects, companies, etc.) through cold calling, networking with project sponsors, banks, equity/ advisory/consultancy firms, or referrals with the purpose of building the project pipeline for financing.
    Undertake business development missions to discuss financing needs and potential transactions.
    Conduct detailed due diligence and appraisal of new investment opportunities and ensure that the key risks are appropriately mitigated.
    Determine the optimal structure and financing solution for the client, including detailed financial modelling, interrogating various potential capital structures to ensure the viability of the transaction and obtain win-win solutions for the Bank and the client.
    Manage end to end credit approval process from origination to disbursement, including preparing final approval papers, leading presentation of transactions to approval committees whilst managing external service providers such as legal advisors, technical advisors, etc.
    Negotiate term sheets and other project documents.
    Facilitate the legal documentation process in order to achieve financial close and disbursement of the facility.
    Review the draft facility agreement and related security documents to ensure that the Bank is   adequately protected.
    Coordinate the signing of the facility agreement and related security documents as well as fulfilment of CPs through follow-ups with clients, counsels, and legal officers.
    Coordinate CP checklist sign-off with the compliance department and the issuance of the Certificate of Effectiveness to the client.
     

    Qualifications:

    A Masters’ degree in Business Administration, Accounting, Banking, Finance, Economics, or related field
    A minimum of 5 – 8 years of relevant professional work experience and proven track record in project and corporate finance from a comparable institution
    Robust knowledge of the regulatory environment in the Bank’s operating region as it relates to Project and Infrastructure Finance with an excellent knowledge    of professional and industry standards
    Strong accounting, credit and financial analysis skills and financial modelling experience
    Results oriented individual with excellent written and communication skills, proven ability to rapidly produce quality reports and ability to work in a multicultural setting
    Proven organizational, problem solving and decision-making skills with the ability to build partnerships, work in multinational teams, deliver results and manage client relationships
    Proficiency in the use of computer programs including MS Office applications
    Fluency in English is a requirement. Knowledge of TDB’s other working languages (French or Portuguese) would be an added advantage.

    Apply via :

    career2.successfactors.eu

  • Officer, Reconciliations

    Officer, Reconciliations

    Job purpose
    Provide operational support to the Head, Client Experience and Shared Services by taking responsibility of reconciling assigned accounts. Highlighting exceptions as detfined in the defined respective account structure to the relevant teams and escalating to Management those posing a risk through delayed action, significant financial risk, inadequate responses provided or otherwise.  

    The role is responsible for management of financial risk through second level control on Bank accounts ensuring completeness of entries passed and querying validity of transactions where necessary.

    To reconcile and follow up on outstanding items in suspense accounts.
    Generate exception reports and escalate long outstanding items in suspense accounts
    Undertake allocated reconciliations and ensure they are of requisite quality.
    Periodically confirm underlying client instructions relate to entries posted to the reconciled accounts for material amounts.

    Key Responsibilities
    Strategic Execution

    Accounts to be in current status at all times.
    Quality of documentation/information.
    Adhere to the SLAs with various business units.
    Reconciliations completed and followed up on within set turnaround times
    Ensure Internal processes and procedures are adhered to at all times with gaps identified reported for remediation.
    Error tracking – generate transaction defect log and propose remedial measures where practical.
    Keep abreast of best practices (locally and internationally) and make appropriate recommendations within the reconciliation team.

    Query and Complaints Management

    Effectively manage client/stakeholder queries and complaints ensuring adherence to set service levels.

    Operational performance

    Confirming ModelBankT24 (MBT24) ledger and General Ledger entries are updated in Intellimatch where applicable.
    Daily reconciliation of Suspense, internal and other accounts.
    Preparing and broadcasting list/reports of outstanding items of the accounts reconciled.
    Query old, strange outstanding entries in accounts reconciled and escalate as per matrix
    Balance confirmation for accounts and advising business and management of the same.
    Custody of allocated account reconciliations and reports.
    Initiate queries relating to outstanding items and follow-up to resolution.
    Check and investigate entries that have defaulted into system suspense accounts.
    Sensitize stakeholders on relevant account reconciliations processes and Intellimatch.
    Participate in testing and validation for projects assigned
    Provide oversight of accounts allocated
    Ensure unknown funds in suspense accounts are queried.
    Update unit management on quality of reconciliation and issues meriting their attention.
    Avail information required for internal and external audit as may be requested.
    Ensure conformity to the set standards and procedures in the department and the bank as a whole.

    Optimise the risk profile in the business unit

    Ensure compliance with approved limits and levels of authority.
    Ensure Satisfactory audit ratings and closure of action plans within our span of control arising from risk assessments, operational risk reviews, internal and external audits and regulatory inspections to improve the control environment relating to assigned area.

    Compliance adherence

    Ensure that financial standards are adhered to.
    Ensure implementation and adoption within assigned portfolio of all Compliance, Anti-Money Laundering and Sanctions related requirements contained in policies, procedures and processes. This includes monitoring and identifying any material compliance related breaches and escalating them to line management and the Compliance Office.

    Stakeholder Engagement

    Finance – review monthly reconciliation submissions and facilitate opening and closure of suspense accounts
    Control teams – assist in resolution of long outstanding items in affected Suspense accounts
    Information Technology – provision of reconciliation information and resolution of IT related queries
    TPS – liaison between Reconciliations on product recon support Other units – provide support in the resolution of reconciliations done and or reported by Reconciliations unit

    QUALIFICATIONS
    Type of qualification: First Degree

    Field of Study:  Finance or Accounting
    Finance or Accounting related qualifications an advantage.

    Experience

    3-4 Years with Operations – processing
    Ability to relate data to products and understand the associated entries expected for service or product fulfilment. This competency is about interpreting data accurately with an emphasis on the processing and interpretation of numbers. This competency also includes the utilization of technology.

    Apply via :

    www.standardbank.com

  • Senior Officer Credit Administration Officer Credit Administration Senior Officer Credit Risk Analyst Officer – Trade Finance Back Office

    Senior Officer Credit Administration Officer Credit Administration Senior Officer Credit Risk Analyst Officer – Trade Finance Back Office

    To maintain the quality of credit facilities advanced by ensuring credit documentation is enforceable, the bank’s interests in collateral held are secured and borrowers meet their contractual obligations as stipulated in the loan contracts.
    The job holder will report functionally to Credit Administration Manager.
    JOB DESCRIPTION

    To ensure end to end perfection of approved applications (including  but not limited  to credit applications)
    To ensure full compliance as per approved conditions of sanction while ensuring compliance with credit policies and procedures.
    Authorization of loans/disbursements, overdrafts, credit limits, letters of credit and Bank guarantee in the Core banking system as per laid down SLA/TAT and credit policies and procedures.
    Execution of all security withdrawal and substitution applications and also setting up of a system of lodgment and withdrawal of Securities report
    Preparation of various management reports i.e. PAR Report ,Lipa na Mpesa status reports, daily loan disbursement, pending disbursement report, Letter of offer status report and post disbursement reports
    Ensuring upfront and accurate collection of fees / LACE, Insurance premiums (Credit life & Collateral Insurance).
    Management of loan files after disbursement and also regular update and also maintenance of the asset register
    Preparation of daily and monthly CRB updates, issuing of pre-listing and post-listing notices as per laid down CBK guidelines.
    Engaging clients in all NTSA and MPSR matters through e-citizen and TIMS platforms including but not limited to; motor vehicle search, registration and transfers, discharge  of vehicles, registration and deregistration of  movable  assets (Chattel Mortgage)
    Ensure prompt payment of outstanding fees due to valuation, tracking and legal processes to the allocated service providers
    Ensure prompt execution of loan closures, change of dates and rescheduling.
    Perform any other duty assigned by supervisor from time to time.

    KEY COMPETENCIES, QUALIFICATION AND EXPERIENCE

    Bachelor’s degree in a business course from an accredited university.
    3-4 years cumulative work experience in a busy commercial bank or microfinance bank with a strong bias in Credit Analysis and Credit Administration
    Working knowledge of Trade Finance Operations will be an added advantage
    Proficiency in computer packages – Ms Word, Ms Excel and Ms Power point
    Attention to detail, accuracy and diligence & analytical skills
    Strong interpersonal skills
    Excellent communication skills both verbal and written
    Strong negotiation and problem solving skills
    Ability to work under pressure

    go to method of application »

    Interested candidates are requested to send their cover letter and CV to hr@rafiki.co.ke quoting the position applied for on the e-mail subject on or before 8th May 2023 at 5:00pm.

    Apply via :

    hr@rafiki.co.ke