Cooperative Bank - Head, Money Markets

 Are you looking for an employer who promotes individual excellence and mutual respect in a team-driven culture with a key focus on social empowerment? 

The Co-operative Bank of Kenya, “the Kingdom Bank” is the place for those looking to new horizons.

We are looking for dynamic, creative and self-oriented professionals to fill the position of:

Head, Money Markets

The successful person will report to the Treasurer.

Job Summary:

As Head Money Market, the role holder will be expected to develop and implement the unit strategies in consultation with the Treasurer.

Main Duties:

• Daily management of the Central Bank accounts, clearing, Intra day liquidity facility (ILF) and Domestic Foreign currency (DFCC) accounts.
• Generate daily money market position report and blotters for local and overseas accounts
• Monitor all incoming Kenya Shilling Real Time Gross Settlement credits and debits and their effects on resultant net position.
• Supervision and motivation of staff in Money Market Unit
• Manage the RTGS payment system & control real time payments to ensure customer satisfaction & compliance with RTGS rules
• The incumbent will consistently keep track of the Banks investment portfolios i.e. Treasury Bills, Bonds & Repurchase Agreements and other market placements in line investment policy and income targets.
• The Head, Money market shall manage the bank’s cost of deposits/ liabilities within the corporate objectives of the Bank
• Generate deposit rates for use by branches and ensure circulation of the same to relevant business units
• Co-ordinate with treasury back office for all outstanding entries into the system and the accounts under control.
• Develop and implement Money Market & Fixed Income strategy aimed at meeting the set targets and business growth.
• Develop and implement new Money Market products and services that enhance the bank’s income and deepen the Money Markets.
• To manage the bank’s daily cash and clearing operations in all Central Bank of Kenya accounts for both local and domestic foreign currency accounts.
• Undertake money market funding activity to ensure that the bank’s accounts in Kenya and overseas are adequately funded to meet the bank’s daily obligations and settlements.
• Transact in government of Kenya securities in Treasury bonds, treasury Bills, Repurchase agreements, Horizontal repos and vertical repos and other approved tools that yield income for the bank.
• Keep track of the banks liquid investments on periodic basis and offer recommendations to the Head, Money markets for prudent and optimal investment income.
• Negotiate and price wholesale customer deposits in conjunction with the major liability relationship centres and branches.
• Responsible for delivering the bank’s annual financial target objective for the respective income streams that are attributed to the money market function.

Job specification:

The incumbent will be required to possess the following qualifications, attributes and skills:

• University Degree from a recognized university – Masters degree an added advantage
• Minimum 7 years Treasury experience most of which must be in Money Market at least 2 at decision making level
• Relevant professional qualifications
• Excellent  understanding of the Money markets and Fixed Income and developments in the market
• Excellent knowledge of foreign exchange and other Treasury products and end to end operations related to the products
• Experience in using Reuters trading platforms and operational understanding of SWIFT
• A thorough knowledge of the Bank’s credit risk policies is essential.
• A fair knowledge of the Bank’s other products and services is necessary

Interested candidates meeting the above criteria should forward an application enclosing detailed Curriculum Vitae accompanied by copies of certificates and indicating the current remuneration to the address shown below or send to jobs@co-opbank.co.ke by 10th September 2012.

We are an equal opportunity employer.  

Only the short listed candidates will be contacted.

    
Please quote this reference on your application and on the envelope: Head-Money Markets/08/2012

The Director
Human Resources Division
Co-operative Bank of Kenya Ltd.
P.O. Box 48231-00100
Nairobi

Human Resources Manager and Marketing Manager Jobs in Kenya

Our client is one of the largest Steel Manufacturers and Hardware Materials Suppliers in the country, having been in the market for more than Forty One (41 years). 

They are looking to recruit a Human Resources Manager and a Marketing Manager to join their team.

Marketing Manager
 

The main purpose of this job is to provide leadership and direction in the sales & marketing department. 

This will involve Planning, directing and coordinating the marketing of the organizations products. 

This position reports to the Sales Director.

Key Responsibilities

• Formulating, developing and reviewing sales and marketing strategies, policies and objectives in line with the organizational plans.
• Determining and managing the marketing budget to ensure achievement of the set objectives within designated budgets and taking corrective action when necessary.
• Developing and executing marketing plans and programs, both short and long term, to ensure profit growth and expansion of company products.
• Reviewing and recommending changes in the basic structure and organization of the marketing function to ensure effective utilization of the human resources.
• Researching, analyzing and monitoring financial, technological and demographic factors for capitalization of market opportunities in order to gain competitive advantage.
• Executing brand management, including planning and overseeing the organization’s advertising and promotion activities and managing advertising agencies.
• Developing and recommending pricing strategy for the organization which will result in the greatest market share in the long run.
• Evaluating advertising programs, merchandising policy and product packaging to ensure timely adjustment of marketing strategy and plans to meet changing market and competitive conditions.
• Conducting market surveys on current and new product concepts in order tomeet consumer expectations satisfactorily.
• Managing the sales and marketing staff so as to effectively recruit, mentor, motivate, facilitate training and execute succession planning.
• Coordinating and participating ¡n promotional activities and trade shows, working with developers, advertisers and production managers, to market the company’s products.
• Conducting economic and commercial surveys to identify potential markets for products.
• Conducting customer satisfaction surveys regularly to determine their satisfaction level and coming up with corrective actions on any anomalies noted.
• Ensuring effective use of all relevant ICT and other systems within the sales and marketing function.
• Developing reports to present to the Board of Directors.

Qualifications and Experience:

• A Degree in Marketing or any other relevant field and professional Marketing certification. At least Eight (6) Years, relevant product and industry knowledge.
• Commercial Awareness with demonstrated ability in strategy formulation. Team player with excellent managerial experience.
• Excellent interpersonal, communication and presentation skills. Persuasiveness, decision making with good negotiation skills.
• Analytical and data interpretation skills, innovativeness and problem solving abilities. Ability to meet sales targets and willingness to travel as and when need arises.

Human Resources Manager
 

The main role of HR Manager is to direct and manage all areas of the human resources function of the Company, promoting a conducive working environment and a skilled and motivated workforce to ensure the achievement the company’s strategic objectives.

Key Responsibilities

• Developing and implementing a HR strategy based on the overall Company strategy to ensure that business needs are met.
• Developing a HR budget based on the strategy and effectively managing it to ensure cost management goals are achieved.
• Managing the recruitment process In a manner that ensures that right calibre of employees Is hired and that new employees receive proper Induction/orientation into the Company.
• Developing and implementing policies and procedures for the performance management process and all related functions including staff appraisal, training needs analysis.
• Managing industrial relations matters and offering training, advice and general guidance to managers and supervisors on labour laws and related market practices so as to ensure a harmonious work environment.
• Overseeing and coordinating employee welfare, devising and running welfare schemes.
• Training managers and supervisors on basic staff management and disciplinary skills.
• Continually reviewing and updating the terms and conditions of service of employees to ensure that the Company remains within common market practice.

Qualifications and Experience:

• A Degree in Human Resources Management or business related field and a higher diploma in HR.
• At least eight (6) years of experience.
• Should have a sound knowledge of Talent Acquisition, Talent Management and organizational development.
• Experience and knowledge of labour relations management including CBA negotiations.
• Experience managing disciplinary proceeding and managing employee welfare. 
• Good business acumen, negotiation, interpersonal and communication skills with sound leadership ability.

Your application must include a covering letter highlighting relevant experience and key achievements, a detailed CV, a daytime phone contact, valid email address, and the names and telephone contacts of three professional referees.
 

Closing date: Friday 31st August, 2012
 

Only shortlisted candidates will be contacted

Adept Systems
Management Consultants
Off Muthithi Road, along Tausi Road, 3rd Floor
P 0 Box 6416, Nairobi, GPO 00100

All applications and enquiries should be addressed to: recruitc@adeptsystems.co.ke

Redhouse Group Head of Finance Job in Kenya

Redhouse Group Limited is Kenya’s fastest growing Integrated Marketing Communications Company with 4 operating business units - Media Edge Interactive, Redhouse Public Relations, Reeledge Production and Media Edge Public Relations, as well as an additional 2 business units - Redhouse Advertising and Redhouse Media — both set for rollout during Q4 of 2012. 

The group specialises in the marketing categories of Advertising, Public Relations, Media Planning, Digital and Production.
 

With the recent scaling up of capacity through retention of top industry professionals into the company as well as increased business activity in the group and our bullish ambition into the region, the board is seeking to recruit a results driven professional to head its finance function.
 

The Position
 

This is a senior position reporting to the Chief Executive Officer and will be responsible for among other functions;

• Working closely with the CEO, divisional MD’s and the commercial team in the formulation and steering of the business strategy and the group’s commercial plans;
• Managing and coordinating the budget preparation process and ensuring necessary budgetary controls are in place;
• Ensuring timely packaging and delivery of financial information to the business leadership and other stakeholders; including the production of monthly management accounts, forecasts and board reports;
• Ensuring prudent and smart treasury and cash management;
• Liaison with auditors towards timely delivery of audit processes and reports, statutory financial statements, risk mapping and assessment including development and enforcement of financial and internal control systems and compliance;
• Timely collections and payments in accordance with the contracted terms;
• Spearhead value driven interaction with business partners - clients / supplier and financial partner relationships; and
• Overall leadership of talent within the finance and commercial departments.

In addition to the above functions, the Head of Finance will also be responsible for other support functions including IT and Administration.

The Requirements
 

The ideal candidate should:

• Be in possession of a commerce or related degree in the areas of either accounting or business administration and hold full accounting qualifications (CPA or ACCA). 
• Possession of a relevant MBA will be an added advantage;
• Possess a minimum of eight years experience in finance and administration, two of which must have been at a senior leadership level in a thriving commercial environment;
• Possess high quality people, communication and engagement skills with the ability to network and develop strong business links;
• Possess strong strategic, analytical and commercial skills with a demonstrable passion to succeed and make an impact in the business;
• Be adaptable and able to work effectively within a fast-paced creative environment and;
• Demonstrate ability to offer the business and the teams well thought, clear and sound business counsel on key commercial decisions.

The offer
 

If your career aspirations match this exciting opportunity, send us your application accompanied by a detailed profile which will include copies of your academic and professional certificates, experience, present position and contacts of three referees to hr@redhousegroupke.com or mail your application by post to the address below to reach us not later than 14th September 2012.
 

Chief Executive Officer, 

Redhouse Group Limited. 

P.O. Box 11866 -00400, 

Nairobi, Kenya

Credit Administration Manager and Investigations Manager Jobs in Kenya

We are a fast growing medium sized commercial bank with established wide branch network across the country. 

We are seeking to recruit high calibre person s who can prove and demonstrate capacity to carry out their responsibilities with minimal supervision to fill the following positions:-

1. Credit Administration Manager
 

Reporting to the Head of Credit Risk, the Job Holder will be responsible for providing high quality risk management services to the Bank’s credit team ensuring adherence to credit risk policy and procedures. 

He/she will take charge of portfolio management, credit control and collateral management.
 

Minimum Qualifications and Experience:
 

Bachelor’s degree preferably in law, with 6 years experience in credit administration, 3 of which must be at middle level management. 

Professional banking qualifications will be an added advantage.
 

Primary duties and responsibilities:

• Ensure the banks policies and procedures on credit facilities are adhered to
• Oversee monitoring and renewal of loan covenants leases, rents, insurances and terms of the letter of offer
• Participate in the preparation and review of credit control procedures
• Ensure the soundness of the credit portfolio including perfection of securities
• Conduct institutional trainings on security documentation.

Key Competencies

• In depth knowledge of banking credit policy and approach to risk appetite
• Experience in conveyance, litigation and bank securities
• Experience in credit administration and security documentation
• Oversee and ensure that the credit files are well maintained with all the critical and relevant information regarding the loans
• Oversee timely preparation and submission of statutory and other requisite reports and CBK returns
• Experience in debt recovery
• Strong interpersonal, management and leadership skills
• Demonstrate ability to build cohesive teams to achieve goals through teamwork

2. Investigations Manager

Reporting to the Head of Internal Audit, the Job holder will be responsible for monitoring the operating environment, timely investigations of cases and making reports with recommendations to Management for decisions.
 

Minimum Qualifications and Experience:

• Bachelor’s degree, with 6 years experience in security, 3 of these should have been in the disciplined force. 
• Professional qualifications such as forensic will be an added advantage.

Primary duties and responsibilities:

• Carrying out independent, complex and sensitive investigations and produce a detailed and timely reports to management with specific recommendations
• Establish, conduct and maintain liaison with security organizations
• Ensure timely preparedness, and put in place pre-emptive, counter and post incident measures
• Ensure timely compilation of documents that support insurance claims and follow up the recovery process to timely conclusion.

Key Competencies

• Understanding of banking regulations, procedures and operations
• Strong interpersonal, management and leadership skills
• Excellent communication and report writing skills

If you believe you have what it takes to deliver, send in your application letter not exceeding one page explaining why you think you qualify and a detailed CV and indicate your current salary. 

Please indicate the position you have applied for, both on the envelope and application letter, to:
 

DN.A/ 1368 

P.O Box 49010 - 00100 

GPO Nairobi
 

Not later than Friday 7th September 2012.
 

Please note that only short listed candidates will be contacted