Summary
Date Posted: Thursday, December 15, 2022 , Base Salary: Not Disclosed

JOB DETAILS:

Purpose of the Job
To align, develop, implement, track and monitor the Real Estate Services (RES) strategic enablement plan for Kenya. To enable the achievement of Stanbic's overall business strategy and goals. To lead, manage and deliver on the RES capabilities across Retail, Commercial, Technical, Facilities Management and Group Physical Security portfolios, in Kenya. Accountable and Responsible for the total Physical Real Estate and related capabilities, in Kenya, across all value chains.

Key Responsibilities
Risk, Regulatory, Prudential & Compliance
• Set, advise and monitor adherence to minimum standards for Real Estate Services, Kenya, to ensure compliance with statutory and regulatory Real Estate laws.
• Set, maintain and monitor adherence to risk appetite standards for Physical Security, Kenya. Track industry best practices and enforce duty of care as required.
• Provide guidance and advice in managing RES-related risks, complex problems and key opportunities that have been identified across Stanbic.

People
• Lead the Real Estate Services Function, Kenya, according to the lean leadership and employee engagement principles, including employee lifecycle from recruitment through to exit, performance management, training and development, discipline and grievance management, retention and reward and people administration, to ensure a high performance culture.
• Define the stakeholder engagement model that relates to Real Estate Services, Kenya to enhance customer centricity.
• Develop and implement the RES People plan within Kenya with support from the Human Capital Function. Define and approve the jobs and appointment of incumbents for critical roles within Real Estate Services across Stanbic in alignment with Human Capital standards. Identify current and potential employee skill requirements in consultation with the Human Capital Function.

Physical Infrastructure
• Lead and drive design, cost, implementation and management of projects across all phases of the project life-cycle. Translate user requirements into practical property solutions and manage projects in terms of quality, timing and cost.
• Provide expertise and guidance to Stanbic to deliver fit-for-purpose Real Estate solutions that enable a consistent workplace experience across the Stanbic Real Estate portfolio (i.e. maintenance, space provisioning, logistics and hospitality).
• Lead, manage and deliver Real Estate Services capabilities across Retail, Commercial, Technical, Facilities Management and Group Physical Security portfolios. Optimise business processes and better leverage business insights that enable enhanced decision making in order to make the enterprise smarter and more resilient.
• Develop the Real Estate Governance standards and fundamentals for lease, buy, sell and develop within Kenya in order to contribute to the Real Estate Services Toolbox.
• Develop, advise and monitor adherence to minimum standards relating to retail & commercial infrastructure development and physical security. Lead the delivery of a strategic corporate infrastructure plan and deliver all physical security solutions.
• Lead and control effective maintenance of physical corporate infrastructure. Maintain and manage facilities for corporate infrastructure (including Professional Technical Services).
• Lead and drive effective management of Stanbic's property portfolio and ensure that the physical distribution of both Commercial and Retail space that the Group occupies is optimised (incl. management of the Group's entire portfolio of property assets).

Data
• Define the data model for the Real Estate Services Function in adherence to the Stanbic data policies and standards. Develop, provide and maintain the core data sets for Real Estate Services to the Stanbic Data Function.

Financial Management
• Develop the minimum budgetary standards and efficiency targets for the Real Estate Services Function and ensure alignment to the financial strategy as determined by the Stanbic Finance Function.
• Drive cost management and budgetary control and adherence for the Real Estate Services Function within Kenya, including the development and management of the operational budget and unit cost management to control cost within budget.
• Define and control the optimal Real Estate Holding structure, including buy / rent / dispose, accounting standards, capital allocation tax, etc. in order to realise the strategic objectives and aspirations of the Bank and ensure sound financial control with respect to Real Estate within Kenya.
• Control the end-to-end Vendor value chain for Real Estate Services within Kenya across Retail, Commercial and Physical Security. Ensure Real Estate Services are competitive and benchmarked against industry standards.
• Enable capital and functional cost improvements, improved risk, controls and compliance, data access, quality and integrity, governance driven predictability, accelerating change readiness and business agility as it pertains to the entire Real Estate Services Function within Kenya.

Strategy
• Develop the Real Estate Services functional strategy to ensure alignment to the Standard Bank Strategy as well as the Group Real Estate Services Strategy.
• Lead and drive the implementation of the Real Estate Services Functional strategy to enable the Stanbic strategy. Execute, monitor and maintain adherence to the Real Estate Services functional plan.

Technology & Architecture
• Set Real Estate Services technology plan based on the Real Estate Services Function's plan and Stanbic IT plan. Provide Stanbic Real Estate Services domain expertise to develop the relevant technology requirements. Adhere to and implement the relevant technology standards developed
• Lead and influence decisions on technology, the future-way-of-work, what physical infrastructure would both support the achievement of the universal financial services organisation (UFSO) as well as support and protect the people (employees and clients) and the planet. Provide thought leadership in alternative power utilisation and SEE initiatives (i.e. water consumption, re-cycling and waste management). Provide governance domain expertise into technology requirements.

Licence to Operate
• Govern that adequate licensing is acquired and maintained for all retail and commercial real estate,
• Define and implement the frameworks and standards that ensure compliance with all relevant legal and regulatory requirements from a physical infrastructure perspective across Stanbic.

Organisation Design
• Develop and implement the Real Estate Services Function's specific Operating Model, capabilities, supporting standard job descriptions and skill requirements for Stanbic based on Human Capital standards. Monitor adherence to the Real Estate Services Function's Organisational standards across Stanbic.

QUALIFICATIONS
Minimum Qualifications
A Bachelor's degree in Business Management or Commercial degree would be a minimum requirement for this role. In addition, Real estate qualifications or certifications would be required.

Preferred Qualifications
• Masters Degree in Business Commerce
Experience Required
• 10 + years in Real Estate Management / Facility Management - The role requires a seasoned, holistic entrepreneurial leader who is customer focused with proven organisational capability and profound knowledge of the full dimensions of the field, gained from a track record of 10 years or more in functional leadership who is capable of influencing outstanding leaders and a large body of employees.

Work Hours: 8

Experience in Months: 120

Level of Education: Bachelor Degree

Job application procedure

Interested and qualified? Go to Standard Bank Group on www.standardbank.com to apply

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