Deadline of this Job: 17 September 2022
JOB DETAILS:
Officer – Debt Recovery
Primary Responsibilities:
• Monitoring , collecting and managing problem account portfolio within all customer segments and returning the accounts to performing status, reducing slippage into NPL and/or recover entire outstanding accounts as well as fulfilling any other duty assigned by the Senior Manager – Debt Recovery all towards contributing to improving the Bank’s credit risk profile and asset quality.
• Demanding and enforcing repayment of the assigned problem accounts.
• Collecting and writing back to profit and loss from assigned accounts within set targets
• Monitoring arrangements for payments from problem account holders.
• Attending public auctions as Credit Bank’s representative.
• Liaising with Legal Department on recovery litigations and where legal interpretations are required.
• Conducting detailed negotiations with customers, obtaining commitment to implement appropriate strategies and actions to cure accounts as well as collect overdue payments.
• Analyzing and recommending for approval turnaround/cure propositions, strategies and actions demonstrating well thought out judgement.
• Managing customer relationships where turn around strategies have been activated to ensure cure of accounts as well as managing the Banks credit risk exposure.
• Proactively managing relationships with key stakeholders, internal and external including service providers, potential off takers of assets held as collateral, etc.
• Representing the Bank in lenders meetings for syndicated or problem accounts.
• Preparing and submitting required reports to the BCC, NPA & CRMC Committees in a timely manner and working on provisions.
• Preparing and submitting regular and adhoc problem account reports as required.
• Maintaining proper Debt Recovery documentation. Ensuring timely issue of relevant notices to customers that form the debt recovery process, ensuring that all 90+ days past due files are properly maintained and have up to date file notes and ensuring data integrity for all 90+ days past due is maintained.
• Ensuring data integrity & quality control of facilities is maintained.
Risk & Control Objectives
• Processing the recovery of debts whilst ensuring compliance with local legal, regulatory requirements and the bank’s internal procedures.
• Ensuring satisfactory Internal or External Audit Reports
• Ensuring Impairment Management and MI Reporting is produced accurately.
PERSON SPECIFICATIONS
• Bachelor’s Degree in Commerce, Finance, Economics, Mathematics, or other quantitative or science degree in related fields;
• Proven track record of consistently meeting set targets.
• Agility, versatility, passion, and commitment to quality service delivery.
• Knowledge in legislation relating to lending and lending portfolio management.
• Have at least 2 years’ experience in a credit recoveries role.
• Excellent knowledge of data analysis and Microsoft Excel Skills will be an added advantage.
JOB DETAILS:
Officer – Debt Recovery
Primary Responsibilities:
• Monitoring , collecting and managing problem account portfolio within all customer segments and returning the accounts to performing status, reducing slippage into NPL and/or recover entire outstanding accounts as well as fulfilling any other duty assigned by the Senior Manager – Debt Recovery all towards contributing to improving the Bank’s credit risk profile and asset quality.
• Demanding and enforcing repayment of the assigned problem accounts.
• Collecting and writing back to profit and loss from assigned accounts within set targets
• Monitoring arrangements for payments from problem account holders.
• Attending public auctions as Credit Bank’s representative.
• Liaising with Legal Department on recovery litigations and where legal interpretations are required.
• Conducting detailed negotiations with customers, obtaining commitment to implement appropriate strategies and actions to cure accounts as well as collect overdue payments.
• Analyzing and recommending for approval turnaround/cure propositions, strategies and actions demonstrating well thought out judgement.
• Managing customer relationships where turn around strategies have been activated to ensure cure of accounts as well as managing the Banks credit risk exposure.
• Proactively managing relationships with key stakeholders, internal and external including service providers, potential off takers of assets held as collateral, etc.
• Representing the Bank in lenders meetings for syndicated or problem accounts.
• Preparing and submitting required reports to the BCC, NPA & CRMC Committees in a timely manner and working on provisions.
• Preparing and submitting regular and adhoc problem account reports as required.
• Maintaining proper Debt Recovery documentation. Ensuring timely issue of relevant notices to customers that form the debt recovery process, ensuring that all 90+ days past due files are properly maintained and have up to date file notes and ensuring data integrity for all 90+ days past due is maintained.
• Ensuring data integrity & quality control of facilities is maintained.
Risk & Control Objectives
• Processing the recovery of debts whilst ensuring compliance with local legal, regulatory requirements and the bank’s internal procedures.
• Ensuring satisfactory Internal or External Audit Reports
• Ensuring Impairment Management and MI Reporting is produced accurately.
PERSON SPECIFICATIONS
• Bachelor’s Degree in Commerce, Finance, Economics, Mathematics, or other quantitative or science degree in related fields;
• Proven track record of consistently meeting set targets.
• Agility, versatility, passion, and commitment to quality service delivery.
• Knowledge in legislation relating to lending and lending portfolio management.
• Have at least 2 years’ experience in a credit recoveries role.
• Excellent knowledge of data analysis and Microsoft Excel Skills will be an added advantage.
Deadline of this Job: 17 September 2022
JOB DETAILS:
PURPOSE:
• The incumbent will be responsible for growing the liability business through the acquisition and retention of new and existing business relationships (Institutional Banking), building and maintaining customer relationships in order to achieve excellent customer service and customer loyalty. This role is also responsible for cross selling and collaborating with other departments to meet customer requirements and increasing the wallet share, assisting in developing new product and service offering for Institutional Banking customers and managing the Relationship team in the unit.
PRIMARY RESPONSIBILITIES:
• Prospecting for and acquiring new client relationships within, but not limited to the following assigned segments (in line with target). This include government, parastatals, non-governmental organizations, churches and religious organizations, embassies, UN bodies, educational and health institutions and other high net worth individuals and companies;
• Managing existing relationships by frequently making contact for additional business, processing requests, providing feedback and information where required to ensure customer satisfaction;
• Reviewing existing and innovating new liability products and services;
• Assigning roles, monitoring and measuring the performance of the Relationship officers and Managers to ensure service standards are maintained and the team meets set targets within their allocated portfolio;
• Creating departmental performance reports;
• Cross selling the Bank’s and Group’s products and coordinating with service delivery departments such as Branches, Card Centre, Central Operations and Corporate Banking to meet customer requirements, and ensuring smooth handover of the relationship to the concerned departments; and
• Referring lending proposals to Corporate Banking and where applicable arranging for joint customer meetings with Corporate Banking, Treasury and Trade Finance departments.
PERSON SPECIFICATIONS
Academic Qualifications
• Master’s degree in Business Administration, Strategic Management, Public Administration or Marketing will be an added advantage; and
• Bachelor’s degree in a Business related field from a recognized institution.
Professional Qualifications
• Chartered Institute of Marketing diploma or its equivalent; and
• Member of Associate of Kenya Institute of Bankers (AKIB) or its equivalent professional body.
Experience
• At least 5 years relevant experience.
Generic Competencies
• Ability to write complex letters, comprehensive reports and to perform complex calculations.
Skills and Attributes
• Excellent communication and interpersonal skills;
• Strong people management skills.
• Strong negotiation and networking skills; and
• Knowledge of banking operations.
Senior Dealer-Trading job at SBM Bank
Deadline of this Job: 22 September 2022
JOB DETAILS:
Job Purpose:
Reporting to the Head of Trading in the Financial Markets Division, the job incumbent will be responsible to trade in different asset classes including FX, Rates, Credit and Commodities in order to generate revenue for the Bank, within the limits of the risk management policy of the bank and regulatory limits as set by the Central Bank.
Key Responsibilities:
• Perform proprietary trading in various different asset classes and derivatives
• Market Maker in giving pricing to various interbank and financial institutional clients on FX Derivatives and structured products
• Manage profit and loss of the Bank’s currency portfolio, via the use of FX spot, forward and options
• Actively trade the interest rates in major currencies
• Carry out product development and structuring
• Identify and quantify risk associated with any derivatives product bank undertakes to trade
• Use advanced technical and fundamental analysis to establish proprietary trading positions with a view to generate profits
• Recommend ideas and design potential strategies related to trading of different asset classes
• Provide market and trading feedback to Sales Team and clients
• Monitor and review transactions to verify accuracy and ensure that they are in conformance with the Bank’s limits as well as Central Bank guidelines and limits
• Manage relationships with Interbank counterparties, both local and international
• Carry out training dealers of Financial Markets Division
• Perform any other-related duties as may be required
Qualifications, Experience & Skills:
• Graduate/Professional Qualification in Finance/Mathematics/Financial Markets and/or any other relevant field
• At least 7 years of relevant experience
• Postgraduate qualification/MBA in a relevant field will constitute a definite advantage
• ACI Qualification will be an added advantage
• Proven track record with relevant credit assessment abilities and use of derivatives
• Target oriented, practical, and committed for developing the business
• Excellent analytical, strategy & business planning skills
• Strong leadership & people development capabilities
• Excellent organisational, communication, interpersonal skills
• Solution provider and proactive attitude
• Self-motivated and able to work in a dynamic environment
Deadline of this Job: 15 September 2022
JOB DETAILS:
Job Purpose:
Reporting to Custody Officer, the support Officer will be responsible to provide quality service to clients in order to maintain high customer satisfaction, build effective networks and to protect bank’s image.
Key Responsibilities:
• Perform the necessary operations for the effective settlement of all authenticated trades
• Process all operations related to the maintenance of the customers’ custody accounts, including corporate actions, proxy voting and dividend/income collection
• Liaise with all relevant counterparties (settlement banks/custodian banks) to implement all transactions
• Perform reconciliation of all relevant accounts
• Ensure timely completion of mandatory regulatory reporting
• Follow diligently all the Bank’s operational policies and procedures
• Attend effectively to queries from customers, sub custodian and other counterparts
Qualifications, Experience & Skills:
• Degree in banking and finance or any related field
• At least 2 years experience in back office task such as operations/SWIFT/Payment system
• Previous work experience in custody will be an advantage
• Good knowledge of general banking practices and procedures
• Meticulous and attentive to details
• Good communication and interpersonal skills
• Good organizational skills
• Highly committed to customer service
Closing: Thursday, 15th September 2022.