Reporting to the Head – Agency Banking, the role holder will be responsible for identification, measurement, mitigation and analyzing the various risk exposures that the Agency Banking faces in its business activities and work with the responsible Business and Support teams to formulate strategies on how to mitigate and minimize the risk exposures.

The Role
Specifically, the successful jobholder will be required to:

• Monitor key risk indicators and develop mitigations against each risk indicator.
• Monitor agents & parent branches to ensure compliance with all operational procedures, limits & responsibilities in Agency Banking, including Agency banking selection & maintenance criteria.
• Maintain continuous engagement with business units & Risk Control & support groups to carry out compliance risk monitoring, analysis & reporting on any new products introduced in Agent Banking.
• Collect and collate data relating to agent breaches on compliance and make recommendations to Regional Managers and head of Agency Banking.
• Prepare internal & external compliance status reports with regard to internal & external compliance issues on a monthly basis.
• Update all Risk issues and occurrences on the Risk Universe and closure all cases forwarded to the department on Risk Universe.
• Support the agency operations in monitoring CBK compliance and audit as well as pproviding accurate regulatory reports and monthly returns to CBK at the prescribed time.
• Constant review of the systems to ensure key risks are identified and mitigations put in place.
• Gather and consolidate market intelligence for improvement of existing product offering, processes and procedures and make recommendations for improvement.
• Review, update and document agent banking processes and procedures to ensure all compliance areas are covered.
• Ensure adherence to policies, processes, procedures as per documented operating standards (SOPs) including compliance with AML/KYC guidelines to mitigate frauds and operational losses.

Skills
The successful candidate will be required to have the following skills and competencies:

• A Bachelor’s degree preferably in a business related field from a recognized University.
• Possession of Anti-Money Laundering diploma or Professional certification with an organization, such as the Association of Certified Anti-Money Laundering Specialists (ACAMS), will be a distinct advantage.Minimum of 3 years’ experience in a similar role or as a Compliance Officer with hands on experience in handling AML issues and suspicious transaction monitoring systems.
• A Good understanding of relevant regulatory requirements, CBK Prudential and Risk Management guidelines with a sound knowledge of Bank processes and procedures.
• Track record of good judgment, enabling the provision of sound advice in difficult areas of AML/CTF issues and the proactive management of legal, regulatory and reputational risks.
• Knowledge of prevention of money laundering and financing terrorism (AML/CFT) laws and regulations.

Competencies

• Leads from the front
• Delivers and owns results
• Values and respects others
• Drives innovation
• Fosters Communication
• Inspires trust and integrity Customer Centric
• Develops self and team

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Reporting to the Finance Business Partner, Corporate and Treasury, this role is responsible for Corporate and Treasury Analytics and provision of effective insight and analysis to assist the Corporate and Treasury business in meeting the established financial and profit objectives.

Responsibilities

• Prepare and report monthly variances to standard
• Provide effective insights and analysis to assist the Corporate and Treasury Businesses in meeting the established financial and profit objectives
• Provide analytical support and analysis to the finance business partner
• Analyze sales, financial, costing and operational data and extract and define relevant information
• Interpret data for the purpose of determining the root causes of past figures, financial, costing and operational performance
• Assist in maintaining Key Performance Indicators & dashboard, and also in building a central database for reporting
• Generate standard, custom and or complex reports summarizing business, financial, or economic data for review and consumption by users, business managers and other relevant stakeholders.
• Analyze and or collate business/trend data to support recommendations for action and or business cases.
• Provide timely business intelligence/analysis reports to users, business managers and other relevant stakeholders.
• Maintain and or circulate business information securely with due regard for confidentiality.

The Person
For the above position, the successful applicant should have the following:

• A Bachelor’s degree in Finance, Economics, Mathematics, or related field.
• Professional Qualifications in Accounting- CPAK, ACCA, are required.
• At least 4 years’ experience which should include 3 years’ experience in Financial Analysis and Financial Performance Management.
• Should have experience in financial planning and strategic management.
• Should have good leadership skills.
• Should have very good knowledge of the financial industry and commercial awareness.
• Should have experience with risk management and compliance.
• Experience in project management and relationship management is essential.
• Should have very good attention to detail.

The above position is a demanding role for which the Bank will provide a competitive remuneration package to the successful candidates. If you believe you can clearly demonstrate your abilities to meet the criteria given above, please log in to our Recruitment portal and submit your application with a detailed CV.

To be considered your application must be received by Wednesday 8th August, 2018

Qualified candidates with disability are encouraged to apply.

Only short listed candidates will be contacted.

NB: In the event that you are invited to interview for any positions, we will require that you provide us with the following documents:

• National I.D.
• KRA Pin Card
• Birth Certificate of self
• Passport Photo (White Background)
• NSSF CardNHIF Card
• Police Clearance Certificate (less than 5 Months old)
• Academic and Professional certificates, including official transcripts
• Certificates of Service from previous employers as applicable

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REPORTS TO:   Actuarial Officer
LOCATION: Head Office

The position is responsible for documentation of reinsurance premiums and claims recoveries, maintenance of facultative premiums and claims records, processing and verification of outward facultative reinsurance business, basic accounting activities including facultative reinsurance reconciliations, follow up on payments from reinsurers, support of other departments per Interdepartmental SLAs.

Responsibilities

• Liase and coordinate with reinsurance companies on account status or any other issue to be brought to our attention of our business.
• Request and documentation of cash calls to reinsurers
• Monthly preparation of reinsurance premium and recovery schedules
• Monthly preparation of medical refund schedules
• Monthly reconciliation of cumulative reinsurance premiums for accounts preparation
• Liaise with Business Development and Reinsurers on special underwriting requests
• Follow up on premium and claims payments / recoveries
• Documentation and requisition for facultative placements
• Assist in the calculations of reinsurance optimization
• Assist in the calculation and requisition of profit share
• Maintenance of records relating to reinsurance

Professional Qualifications

• Bachelor’s degree in Actuarial Science, Business, or an equivalent

Experience

• 2-3 years’ Experience in Reinsurance

Skills and Attributes

• Analytical skills
• Interpersonal and Communication skills

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REPORTS TO:  Chief Finance Officer
LOCATION: Head Office

This role is responsible for coordinating the credit control function for the organization in order to realize all written premiums in advance of cover or within the agreed credit period.
Responsibilities

• Collecting outstanding premiums from agents, brokers and direct clients in line with the target of maximum 45 days for brokers and corporate accounts and in advance for all othersReconciling/reviewing broker and client’s debtor accounts on a monthly basis by applying the 80-20 rule and exchange the details with the counter parties
• Ensure timely allocation of receipts with a maximum of 5 days of unallocated at any day
• Managing intermediary accounts by ensuring proper records are maintained, agents’ commissions paid within 10 days of the following month and timely communication and release of debtor statements latest by 5th
• Updating, validating and presenting credit control reports to credit control committee, management meetings and to auditors
• Review the debtors ageing reports and taking appropriate action per credit control policy
• Prepare a detailed (per intermediary) bad debts movement schedule reconciling the balances b/f, charges for the period, any write offs and balances at the end of the period
• Managing any intermediary loans and charging the interests, recoveries, taxes etc and maintaining accurate loan balances at all times
• Computing, filing and requisitioning for monthly taxes (WHT,PAYE for DSF) at least 3 days before the due dates
• Managing Unit managers’ monthly retainers which involves computation and disbursements
• Facilitating intermediary’s annual IRA licenses and follow up ensuring only the licensed intermediaries are traded with
• Providing confirmation details of receipting clients details for any electronic funds transfers and insurance premium finance remittances
• Drafting annual collection budget and forecasting for premium collection/controls
• Supervise the staff, reviewing their performances regularly and build a strong teamwork, manage staff leave and periodically appraise the them

Qualifications

• Bachelor’s degree in Finance/Accounting/Business Administration or an equivalent

Professional Qualifications

• CPA (K) is a must

Experience

• At least 5 years relevant experience in credit control

Skills and Attributes

• Analytical skills
• Presentation skills
• Communication and interpersonal skills
• Numerical Skills

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Nova Pioneer is looking for superstar Finance Manager to help drive a high performing finance department. The Finance Manager position is an exciting opportunity for an entrepreneurial and innovative individual to help build robust financial management and reporting systems and processes and provide strategic direction for the finance department of Nova Pioneer in Kenya. The position is initially based at the Nova Pioneer Network office in Nairobi but will require travel between schools from time to time.

Responsibilities

• Design and develop improved robust financial management and reporting systems and processes that will lead the finance function to become a high performing and highly effective department
• Drive financial planning and cash flow management for the organisation. Conduct monthly financial reporting and provide analysis to the executive team and relevant budget owners
• Manage a team of junior and mid-level finance people across schools in Kenya
• Oversee the collections process and ensure all targets are reached through collection of fees
• Oversee all audit and internal control operationsOversee robust budget setting and management system and engage  with managers around this process
• Liaise and coordinate with the Finance Leader for South Africa to ensure best practice and transfer of knowledge, processes and systems across all Nova Pioneer geographies
• Ensure adherence to financial laws and guidelines

Skills and Qualifications

• You have at least a Bachelor’s Degree in Accounting, Finance or relevant field; MSc/MA or ACCA or CPA is a requirement
• You have at least 5 years of experience managing a finance department significant responsibility
• You have very strong finance capability and you have an interest in a long term pathway to CFO. This role could grow into a Finance Director role for Kenya or into a CFO role overseeing both South Africa and Kenya
• You are relatively entrepreneurial and enjoy a challenge. You get excited about designing and building effective financial systems and processes. This is a demanding role where you'll be required to create order from chaos. You must be ready to put in the time it takes to build your vision
• You have led teams and coached individuals to achieve results. People love working with you and for you
• You have excellent communication skills. You are able to communicate effectively with your finance team, school leadership as well as shareholders and investors. You are able to provide a clear and persuasive pitch to anyone and have excellent written and verbal communication skills
• You are results driven. You set clear, attainable and measurable targets for your team and are able to motivate them to achieve their personal and the departmental goals
• You are a stickler for detail and ensure that you and your team are accurate and thorough in all that you do

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Our client, a medium sized Sacco with its Head Office in Kerugoya urgently wishes to recruit suitably qualified and experienced individuals in the following positions:
CREDIT MANAGER: JOB REF (CM/05/18)

Responsibilities
Overseeing all operations of the credit department including:

• Developing and implementing the SACCO’s policies, procedures and regulations on processing and recovery of loans;
• Ensuring that the Credit Policy is up to date and being followed in all the Sacco’s Credit Administration process.
• Ensuring up-to-date and accurate records with regards to loans are maintained;
• Processing, appraising  and recommending loan applications;
• Coordinating and supervising loan processing and administration;
• Handling any loan enquiries;
• Maintaining quality loan portfolio;
• Liaising with the finance department to ensure recovery of loans and proper recording of the outstanding balances;
• Advising the Chief Executive Officer about training needs and promotions of the staff in the department; and
• Any other lawful duties as may be assigned from time to time.

Qualifications
Appointment to the position will be made from persons who:

• Are holders of a Business related degree or its equivalent from a recognized university.
• CPA Part 2 or CCP Part 2or its equivalent.
• Have satisfactorily served as a Loans or Credit Officer in a Society or a comparable position with similar responsibilities in a Sacco or Financial Institution for at least 2 years.
• Diploma in Co-operative Management will be an added advantage.
• Have demonstrated high financial management capability and Investment.
• Have good knowledge of Information Technology.

Skills

• Effective listening, verbal and written communication skills
• Judgment and decision-making ability
• Accuracy and attention to detail
• Demonstrated integrity and ethical standards
• Able to handle difficult customers with diplomacy and tact
• Problem-solving and analytical ability
• Team player who works productively with wide range of people
• Proficient in Microsoft office suite

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Job Ref: (MCO/05/18)

Responsibilities

• Market Micro-credit products and services to the target clients and maintain the image of Micro-Credit activities under the guidance of the Credit Manager
• Deposit Mobilization.Training of clients
• Maintain good relationship with groups and frequent visit.
• Disbursement and processing of loans.
• Maintain quality portfolio by closely monitoring repayment of loans from customers and ensuring prompt follow-ups
• Recruiting clients, groups and business appraisal.
• To identify and locate prospective micro-credit clients
• To plan periodic visits to identifiable clients through the Credit Manager.
• Prepare Micro-Credit loan applications for approval at the head office.
• Prepare weekly and monthly returns/reports to the Credit Manager.
• Any other duties as assign by your superiors.

Qualifications
Appointment to the position will be made from persons who:

• Are holders of Business related Diploma or its equivalent from a recognized university / college; Or Have satisfactorily served in the Society or a comparable position with similar responsibilities in other societies or in like organizations for a minimum period of one(1) year
• CPA Part 1 or CCP Part 1or its equivalent;
• Diploma in Co-operative Management is an added advantage.
• One year relevant experience.

Skills

•  Ability to effectively manage customer relationships
•  Accuracy and attention to detail
•  Excellent communication and interpersonal skills
•  Analytical and negotiation skills.
•  Ability to work with minimal supervision
•  Team player
•  High Integrity and strong ethical standards
•  Proficient in Microsoft office suite.

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Reporting to the Credit and Recoveries Manager or designee the Credit officer II shall be responsible for the efficient administration of the loan processing process and the generation of related management reports in accordance with the policies of KMA SACCO and in line with International Financial Reporting Standards.

AccountabilitiesLoan application processing

• Receive record and promptly appraise all loan application forms, and forward them to the assigned finance executive for checking.
• Thoroughly evaluate the credit worthiness of loan applicants applying the prescribed financial background checks.
• Accurately amortize loan applications and communicate repayment obligations to applicants.
• Accurately and promptly prepare loan appraisal/processing reports for review by the Credit Committee and the board.
• Handle assigned member enquiries related to loan management.

Loan performance monitoring

• Monitor and report regularly on the Loan disbursement Turnaround Time (TAT).
• Continuously monitor and accurately report the performance of assigned loan categories to ensure adherence to repayment agreements and promptly initiate debt recovery in the event of default.
• Receipts posting & Member account Reconciliation
• Promptly and accurately post receipts to assigned member accounts.
• Accurately and promptly carry out reconciliation of payments in assigned member accounts.

Other duties

• Efficiently manage the Credit committee meetings (scheduling and agenda) and record minutes.
• Carry out Bank agency duties as assigned by the General Manager.
• Carry out any other lawful duties as may be assigned by supervisors and the Credit committee from time to time.

Qualifications

• Secondary Education Qualification of C+ (Plus) and above in KCSE.
• A business related degree from a recognized university.
• Diploma in co-operative management/Credit management / Banking / Business Administration or any other business related diploma from a reputable institution would be an added advantage.Computer literate and proficient.
• At least 2 years relevant working experience preferably in a financial institution.

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Responsibilities

• Perform independent, objective operational/financial quality assurance and auditing designed to add value and improve Sacco’s operations;
• Leading the Sacco’s Internal Audit function, performing professional internal audit work as a key component of the corporate governance structure;
• Develop and direct a comprehensive audit program including performance, financial, and compliance audit of all activities and projects within the Sacco and related entities.
• Provide direction to the Sacco’s Board  and management on all audit matters;
• Provide direction and lead when necessary in the development of the annual audit plan;
• Maintain organizational and professional ethical standards and work independently with extensive latitude for initiative and independent judgment;
• Review and advice on the entire Sacco’s risks management framework in consultation with the General Manager.
• Liaise with external auditors;
• Reporting on the Internal Audit findings to the board.
• Taking part in the planning, organizing, directing and monitoring of internal audit operations, including assisting in hiring, training and evaluating audit staff and taking corrective actions to address performance problems;Monitoring departmental budgets and development and documentation of departmental policies and procedures;
• Supervision of Internal Audit staff including reviewing work done;
• Communicating the results of audit  via written reports and oral presentations to the Management and Board of Directors;
• Developing and maintaining productive client, staff, management, and Board relationships through individual contacts and group meetings.
• Pursuing professional development opportunities, including internal and external training and professional association memberships and share information gained with colleagues;
• Performing any other related work as assigned by the Management and/or the Board.
• Any other duties as may be assigned from time to time

Requirements

• Bachelor’s degree in B.Com or any other business related degree, with a minimum Second Upper degree class
• Membership to professional bodies (ICPAK/IIA) a must.
• Full professional qualification: Certified Public Accountant (CPA K) and Certified Internal Auditor (CIA) and/or ACCA
• Minimum of C+ in KCSE
• MBA or CISA will be added advantage
• At least 7 years audit experience
• Results oriented and ability to meet strict deadlines
• Good analytical and problem solving skills
• High level of independence and integrity
• Excellent interpersonal and communication skills
• Possess exemplary report writing skills.

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