Banking finance Jobs at Stanbic Bank, Finley International Limited, Absa Bank Limited and United Bank for Africa

JOB DETAILS:
Job Description
Ensure the effective management of Credit Portfolio Allocated
• Evaluates whether Business and Commercial Banking proposals meet sound business criteria and credit risk falls within acceptable parameters, approve and recommends appropriate credit facilities including terms or conditions of facilities.
• Ensure accuracy and reliability of approvals within advised DA, or referrals to higher authority, on Business applications reviewed
• Add value to the credit approval process by guiding originators as appropriate to reduce reworks on applications to < 10%.
• Identify, quantify and evaluate credit risks in relation to profitability of business proposals and financial viability of Business banking credits.
• Manage adherence to the service level agreement that have been concluded.
• Builds relationship with Branch based business and suite-based Business and Commercial Banking Managers to improve quality of business proposals and turnaround time on credit evaluations.
• Detects and evaluate shifts or changes in key risk parameters and evaluate the implications of such changes on continued banking relationship.
• Actioning of the daily referral report and make decisions to pay or not based on the reason for excess and source of adjustment, the terms of sanction in existence and the risk to which the Bank is exposed.
• Issuing of sanction letters, clearly stating the conditions and requirements of the lending.
• Actively hind sighting lending decisions to ensure that correct procedure are being followed in the approval of facilities, which will prevent new NPL’s.
• Monitor watch lists process to ensure that irregular accounts are identified early and accounts identified as high risk are being managed effectively in terms of agreed action plans.
• Review of relevant internal & external communications, such as circulars, economic reviews on industries, & financial or industry publications to ensure that any development, new requirements or external risks are properly taken cognizance of in lending decisions or conditions of lending.
• Carry out other functions that could be assigned on daily basis in addition to present roles.
• Liaising with Legal department on credit related issues.

Complete effective financial analysis of counter party credit risks
• Undertake quantitative and qualitative financial analysis to develop a comprehensive understanding of counter party risks for new or increased facilities.
• Maintain a high-quality lending book by timeous, sound and pragmatic recommendations and decisions in managing accounts within portfolio.

Effective Management and completion of all other required administration
• Daily management, escalation and control of portfolio irregularities.
• Participate in projects as delegated from time to time.
• Management of excesses on portfolio.

Keep abreast of industry specific knowledge and key developments
• Participate in and remain abreast of market developments.
• Stay attuned to industry and market risk developments and trends in relation to counterparty exposures and their impact on the underlying portfolios.

Ensure efficient and effective stakeholder engagement
• Proactively develop and manage relationships with key internal and external stakeholders
• Work closely with front office to secure deals by providing the appropriate structuring advice at the appropriate DA (Delegated Authority) level.


Experience required
• 5-7 years experience in conceptual and practical knowledge of credit procedures, policies and standards, as well as a thorough understanding of products and facilities that give rise to counterparty credit risk. Understanding of Basel and broader regulatory and compliance requirements.
• 3 - 4 years experience and knowledge of financial markets, global economy and appropriate regional geographies in which portfolio operates as well as good understanding of accounting (both management and financial accounting) to analyse financial strengths and weaknesses of clients and identify potential risks to credit proposals.


JOB DETAILS:
Collections and Debt Recoveries Officer
Reports to: Team Manager
Department: Operations
Start Date: Immediately

Job Summary
The overall objective of this role is to follow up on non-performing loan accounts and implement a recovery action plan to achieve timely and maximum loan recovery.

Key Responsibilities
Reporting to Team Leader, Debt Recovery Officer will:
1. Monitor allocated portfolio of delinquent loans facilities and determine appropriate collections strategy within pre-determined policies, guidelines and regulation.
2. Perform various duties on assigned accounts such as recording, verification and validation of customer’s details as received from clients.
3. Advise customer on ways of clearing their debts while communicating with them on the importance of paying their debts and consequences of non-payment.
4. Resolve and mediate disputes between customers and principals/clients.
5. Locate and notify customers on defaulted loan accounts by mail, telephone, or scheduled visits in order to recover payments.
6. Prepare approval requests for negotiated settlements and follow up until account is fully settled and the balance paid off.
7. Maintain and prepare monthly collections reports, updates and status.
8. Initiate demand and reminder letters to all defaulting customers and review all credit accounts for proper documentation and monitoring.
9. Initiate the clearance process on cleared debts once you receive payment proof and have the same shared to relevant clients.
10. Provide customers with their correct account details e.g. loan balance and account numbers.
11. Maintaining data integrity and keep customer details confidential.
12. Responding to all customer correspondences via e-mail, telephone and postal mail.

Required Qualifications And Experience
1. Possession of a Diploma in any field from a recognized institution with at least 1-2 years’ experience in Debt Collection/Credit or Sales and Marketing.
2. Diploma in either Banking/Credit management background will have an added advantage.
3. Demonstrate a clear understanding of recovery processes with sound understanding of debt recovery process and techniques.
4. Should have strong analytical power, good problem-solving skills and ability to work under immense pressure.
5. Must have ability to translate and apply Credit knowledge to improve positive results in negotiations with clients.
6. Excellent written and communication skills and the ability to communicate effectively to individuals and groups of people.


JOB DETAILS:
Head of Absa Asset Management

Overall Job Purpose
Absa believes that Asset Management/Wealth Management is a key component of building our relevance across the financial services industry in Kenya.
The Absa Asset Management Limited is a wholly owned subsidiary of Absa Bank Kenya Ltd. The entity has 3 interlinked purposed to:
• manufacture Asset and Wealth Management solutions suitable for the Kenyan market,
• engage with Institutional and Corporate Clients to provide services to support their ongoing growth and success
• provide Wealth management advice and solutions to High Net Worth and Retail banking customers.
The business structure has been created to meet these organizational goals, however as a new entity within Absa the business head will be expected to develop the organizational structure to unlock opportunities and accelerate the speed of growth.
The role holder has strong skills in leading, managing and influencing through a matrix structure, whilst also having a track record in developing relationships, internally and externally to unlock growth whilst maintaining exemplary Control standards as a leader of a regulated business

Key Accountabilities & Time Split
Strategy execution – 20%
• Develop and implement the strategic business plan that is aligned to the strategic growth ambitions of Absa Asset Management and the Retail and Business Bank business objectives in Kenya
• Shape and drive the strategy of the Absa Kenya Wealth Management business replicating the Absa Wealth Strategy (incorporating a transition from providing only private banking products/ structures to Investment Banking Solutions
• Monitor progress against the plan and business priorities and work with the leadership team to maintain focus and traction
• Leverage cross functional relationships and networks to continually meet the needs of the client base.
• The Head of Wealth Management will help drive the future infrastructure objectives, certifying that these are fit for purpose and will facilitate the continual implementation.
Stakeholder management – 20%
• Build strong relationships with both global and local internal and external stakeholders.
• Effectively communicate developments within area of activity to all relevant stakeholders.
• Liaise with various Business Unit Heads within RRB Kenya, Absa Wealth to deliver to the Absa Kenya Wealth Proposition.
• Ensure impeccable and timeous service levels.
• Liaise with various Absa Kenya Business unit Heads to deliver to the Absa Kenya Wealth Proposition
Business performance management – 30%
• Responsible for defining the business unit growth projections I the short and medium term.
• Manage the commercial profitability of the Absa Kenya Business unit.
• Grow the client base, including reactivating any dormant accounts as and when they arise.
• Responsible for Sales and Distribution Targets and Fulfillment.
• Support the Wealth Relationship Managers in delivering business objectives.
• Identify and co- ordinate the overall financial budget including strategic investment and day to day business as usual costs.
• Directly responsible for the cost budget, headcount management and day to day oversight of the hiring process
People management – 10%
• Oversee the Management of Wealth Managers, any support staff, and their engagement with clients.
• Accompany the Wealth Managers on selected client engagement (New and Existing Clients) to determine client needs and requirements to implement appropriate actions.
• Manage the Wealth Managers and Support teams to ensure effective client service delivery.
• Develop a high performing Wealth Management team by embedding formal performance development and informal coaching. Encouraging frequent knowledge sharing between team members.
• Determine and analyze development needs for the team and ensure that identified training requirements are budgeted for and executed.
• Establish and maintain a succession plan for the team.
• Interview and recruit new members of the team, including determining appropriate compensation levels with input from HR.
• Create effective workforce and recruitment plans to ensure that current and future business requirements can be met. Plans should be revised at least twice a year.
• Address poor performance through the formal Performance Accelerator program and ensure that continued poor performance is appropriately dealt with.
• Motivate team members and ensure that their efforts are recognized.
Rigour compliance – 10%
• Ensure that all activities and duties are carried out in full compliance with regulatory requirements. Enterprise-Wide Risk Management Framework and Internal Absa Policies and Policy Standards. Understand and manage risk and risk events (incidents) relevant to the role.
• Ensure compliance / adherence to CMA regulations on investments management.
• Drive and own requirements for individual certification with relevant authorities
• Ensure compliance with operations risk and rigor requirements e.g., KYC and anti- money laundering measures.
• Ensure that all staff adhere to al Absa information Security policies and procedures through regular communication to staff and spot checks.
• Conduct regular quality checks on all processes, focusing on transactions with high financial levels and operational risks of the process, including Crisis Management, systems, reviewing control reports etc.
• Ensure that all Absa Africa procedures are followed.

Education and Experience Required:
• Masters/ Bachelor’s degree or equivalent in a related field (Investments, Finance, Law, Accounting/ Tax, Economics, Business Administration)
• Chartered Institute for Securities and Investment Certification by regulator (CMA)
• 10years previous management and leadership roles in Asset Management environment.
• Prior experience of working within Financial Services, preferably Asset Management

Knowledge and Skills:
• Preferably experience in banking and wealth management products, broad -based product exposure.
• Strong stakeholder management and communication skills
• Knowledge and experience of the onshore and offshore banking industry
• Experience of working with senior stakeholders
• Knowledge of strategic and tactical business planning processes
• Financial management and knowledge of accounting practices.
• Strong analytical/ numeracy skills
• Delivery of imaginative solutions under pressure and in a change environment.
• Ability to work on several tasks/ projects at the same time.
• Technically proficient in Microsoft suite of products (Word, Excel, MS Project, Visio and PowerPoint and new tools such as Business Objects
• Ability to work as part of a team.
• Strong commercial focus
• Ability to develop strong working relationships with clients
• Analysis and judgement.
• Team leading experience coupled with ability to work with senior stakeholders.
• Knowledge, Expertise & Experience
• (Relating to specialist knowledge and expertise required to undertake the role. May include knowledge of the Bank’s products, services, and policies)

Essential
• (Preferable) In- depth knowledge of the full Absa Retail Product set, Local Business Services, and Corporate Business Services including Treasury.
• (Preferable) In- depth understanding of the full range of Asset Management product set, small business services
• Build an understanding of technical support systems e.g., FCR, BOC, IBOC, Core Pricing and Billing
• Good understanding of BARAF Risk Policy and Group governance requirements.
• Detailed understanding of Wealth and Premier Banking Strategy, operating structure, and Interface with other functions.
• Business management experience of a distributed channel; circa 3-5 years.
• An understanding of the personal high value clients’ needs in the Kenyan market.
• Good understanding of investment banking techniques and product.
• Understanding of Absa Retail Strategy, operating structure, and interface with other functions.
• Detailed working knowledge of Risk and Credit policies and procedures.
• Good understanding of group structure and interfaces with other functions.
• Detailed understanding of people policies and procedures.
• Up to date knowledge of competitor and market activity in local area.
• Graduate or relevant experience to compensate.

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


JOB DETAILS:
Information Technology and Digital Banking Auditor
Reporting Line
Head of Internal Audit.
Job Objective
To implement the Bank and Audit Division’s mandate relating to review and assessment of controls over the information systems, safeguard the Bank’s assets, ensure the completeness and accuracy of transaction records; and prevent/detect incidences of frauds and/or irregularities.

Duties & Responsibilities
• Assist in the development and revision/update of the annual IT audit strategy and work plan in conjunction with the Head of Internal Audit and the UBA Africa Head of IT Audit.
• Document findings (including identified control weaknesses/lapses) and proffer appropriate recommendations to ensure the optimal use of IT to support business objectives in a controlled manner.
• Interface with the IT and ORM in Risk Management (as appropriate) to provide optimal support for the division’s (i.e. Head of Internal Audit and the UBA Africa Head of IT Audit) tools and system as well as in the execution of IT audit assignments, resolutions of issues and implementation of effective control measures/ mechanisms.
• Work with the external auditors and regulatory examiners and provide required assistance in their conduct of regulatory and statutory review/examination of the Bank’s IT-related transactions and activities.
• Participate in process reviews/redesigns as well as systems upgrade/implementation efforts to ensure that appropriate system controls considerations are effectively taken on board and implemented.
• Participate in the departmental meetings and activities as required.
• Prepare activity and performance reports on a timely basis, for the attention of the Head of Internal Audit and the UBA Africa Head of IT Audit
• Monitor adequacy of security and controls built into the bank’s computer system.
• Ensure regular audit of all computer system operations.
• Ensure regular audit of all Digital Banking Systems and Operations.
• Assess and address risk and controls relating to hardware, software, data and IT systems.
• Render technical support to other departments whenever called upon to do so.
• Perform other duties as maybe assigned by the Head of Internal Audit and the UBA Africa Head of IT Audit.
Job Requirements
• Minimum of a Bachelor’s Degree in Computer Science/Engineering or other applied sciences.
• Must be a Certified Information Systems Auditor (CISA) certificate holder.
• Relevant professional certifications like CRISK, CISSP, CISM, PMP, CGIT, etc. will be an added advantage
Experience
Minimum of 3 years cognate experience.

Key Competency Requirements
Knowledge

Skills/Competencies
• Structured Query Language (SQL Navigator)
• Network Infrastructure Knowledge
• Database Operations Knowledge
• Application Programming Knowledge
• Digital Banking Systems and Operations Knowledge.
• Microsoft Office tools
• Good analytical skills
• Excellent writing skills
• Good presentation skills
• Good interpersonal skills
• Strong attention to detail and ability to work under pressure
• Supervisory skills
• Broad IT skills