Banking/ Finance jobs at SBM Bank and Other Vacancies in Kenya

 
Deadline of this Job: 11 November 2022

JOB SUMMARY
To offer support in card operations unit by monitoring all assigned general ledgers.

Key Responsiibilities - 80%
• Monitoring of branch ATM reconciliations.
• Sending of G4S statements as and when requested
• Timely resolution of any outstanding entries on offsite ATMs
• Assisting branches on outstanding ATM reconciliation entries
• Ensuring all income from KENSWITCH is collected
• Reconciliation of all card center General Ledgers
• Matching of incoming files from the schemes against the switch
• Tracking unclaimed amounts in the settlement accounts.
• Daily reconciliation of credit and prepaid card payments/loads
• Identifying the various cases arising from reconciliation such as settled transactions not debited, double debits, card payments/loads not posted and advising the respective officers for posting
• Compiling financial reports related to card Centre department
• Improve on audit rating by observing controls through regular checks, observing deadlines, reviewing/rectifying error and omissions through continuous Risk assessment.
• Any other duty as assigned

Compliance -20%
• To ensure compliance with both internal and external compliance requirements.
• To work closely with risk and compliance units to ensure effective controls to mitigate against risks associated with cards

Customers of this Position
• SBM Customers
• SBM Branches
• Contact centre and other internal clients
• Local card issuers and acquirers
• G4s

Knowledge; Skills and Experience required for this Role
• Bachelors’ degree in Commerce; preferable specialization in accounting/finance.
• At least two years continuous work experience in Card Centre.
• Knowledge & experience of working in Card production life cycle

Deadline of this Job: 10 November 2022

JOB SUMMARY
The Job Holder is responsible for extraction, processing and maintenance of credit data for use in reporting, credit models development and validation to support all necessary Statutory and Management reporting.

KEY RESPONSIBILITIES
• Compilation, preparation and submission of accurate & timely daily, weekly monthlyand quarterly Statutory reports to the Regulator (CBK) relating to Credit.
• Designing, developing, implementing and supporting Credit Risk MIS data infrastructure to support Credit Risk Management within the bank.
• Work closely with a team of Quantitative Analysts from the Finance Department to support their analytical reporting and modelling; assisting in data retrieval, manipulation and presentation.
• Ensuring Closure of all audit issues raised by CBK, Internal and external auditors.
• Supporting the delivery of portfolio performance and risk reporting to external Compliance and regulatory bodies.
• Preparing analysis of portfolio delinquency, loss trends for Monthly Risk Reviews and Portfolio at Risk reports in respect to the credit department.
• Preparing regular and ad-hoc financial, MIS analysis and productivity reports.
• Responding to queries and questionnaires raised by CBK and CRBs.
• Responding to queries raised by Head office departments and performance management teams.
• Assist in preparation of Local Business reports and propose value-adding propositions to enhance book Performance.
• Alert Management of any breach on any set ratios and statutory limits.
• Maintain an updated folder in the Bank Server of the monthly returns submissions.
• Assist on any other tasks that may be delegated by the Bank’s management/ the Head of Credit Administration from time to time.

Key Customers to this Position
• SBM Group.
• All Bank Departments.
• Central Bank of Kenya (CBK).

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