Board Member – Busia County (Public Officers) Revolving Fund Board at Busia County Public Service Board

ADVERT. NO. CPSB/4/2024.
Duties and responsibilities’
The responsibilities of the Board members shall collectively be to: -

• In accordance with the provisions of the Act and the Regulations thereof and on behalf of the County Government, administer and manage the Fund internally;
• Establish mechanisms for mobilization of resources to increase the Fund capital;
• Propose to the county executive member on the available profitable investment opportunities on surplus funds;
• Consult and collaborate with the County Public Service Board and Salaries and Remuneration Commission to ensure that all its decisions made under this Act conform to the guidelines or directives issued by the Salaries and Remuneration Commission;
• Establish criteria to be met by applicants to access the Fund by way of loans;
• Determine the modes and methods of repayment of the loans granted;
• Receive, process and approve or otherwise applications for loans from and by applicants;
• Prepare and maintain accurate records of loan applications, approvals and repayments;
• Set up and implement procedures for loan recoveries and defaults;
• In the event of default by a loanee or debtor, to initiate appropriate recovery proceedings; and
• Perform such other functions, with the approval of the Executive Committee Member as may be necessary or appropriate for the better carrying out of the provisions of this Act.

Requirements for Appointment

•  Be a Kenyan Citizen and ordinarily a resident and carrying on business in the County;
•  Possess a Bachelor’s degree from a university recognized in Kenya;
•  Has a working experience of not less than five (5) years;
•  Is not a public officer;
•  Satisfies the provisions of Chapter Six of the Constitution.

Mandatory Additional requirements
All applicants are expected to attach copies of the following documents:

• KRA Tax compliance certificate
• Clearance from HELB
• Clearance from the Ethics and Anti-Corruption Commission (EACC)
• Certificate of Good Conduct
• CRB clearance certificate