Career Opportunities at Bank of Africa Kenya Limited - 4 Positions

Key Responsibilities of the IT Auditor;

• Develop risk based IT audit programs, tests and checklists to assist in execution of IT audits for various systems in the Bank.
• Execute risk- based audits in line with the approved IT Audit Plan from engagement planning carrying out appropriate tests, documenting IT risk exposures and making recommendations for improvement.
• Review the IT Strategy for the Bank and offer assurance on its alignment to the Bank’s Strategy.
• Provide assurance on the effectiveness of the Bank’s IT governance, IT management structure, adequacy of processes to support management in decision making process.
• Provide assurance that the practice of acquisition, development, testing and implementation of information systems meet the Bank’s strategies and objectives.
• Provide assurance that the processes for maintenance of the Bank’s information systems is adequate and whether they meet the user’s needs, expectations and overall bank strategy.
• Review IT Policies, Procedures and Processes and controls for completeness and alignment to the generally accepted IS Standards, ISO 27001 and other best practices.
• Carry out value for money reviews by evaluating the business case for the prosed IT investments in information systems to determine whether they meet the business objectives.
• Evaluate risk management practices in the in order to determine whether IT related risks are adequately managed to avert loses to the Bank.
• Assist the Head of Internal Audit in preparing IT Audit reports for submission to Management and the Board Audit Committee.
• Present the key IT audit findings to Senior Management.
• Coordinate IT audits carried out by external auditors such as Group Inspection, Central Bank, and the Bank’s External Auditor.
• Assist Internal Auditors in developing scripts and data analytics to assist them in their audit work.
• Offer support in carrying out fraud investigations that involve technical system manipulation.
• Support Internal Auditors in optimizing use of Computer Assisted Audit Techniques (CAATS) such as
• Teammate, and data analytic tools such as ACL, IDEA where appropriate.
• Provide advisory on proposed IT developments such as acquisition of new systems and system upgrades to
• ensure that IT risks are properly identified and controls embedded to mitigate the risks.

Qualifications for the IT Auditor Job:

• Bachelor’s degree in information systems/Technology, computer science or related field from a recognized university. Master’s Degree will be an added advantage.
• Qualification in Certified Information Systems Auditor (CISA).
• Certifications in Certified Information Security Manager (CISM), Certified in Risk and Information Systems and
• Control, Certified Information’s Systems Security Professional (CRISC), Certified Public Accountant (CPA K) will be an added advantage.
• 4- 5 years’ experience in carrying out and managing IT audit projects in a financial institution.
• Proficiency in Data Analysis tools ACL, IDEA.
• Knowledge of other Audit tools such as Teammate will be an added advantage.
• Experience in carrying out audits in other areas such as Credit, Operations, Treasury, Finance within a Bank is desirable.
• In- depth understanding of Bank operating environment and interlink between IT systems and business operations.
• Must be a member of Information Security Audit and Control (ISACA).
• Possess technical knowledge in information systems (Particularly Networks, Databases, Operating systems and general computer applications).
• Having knowledge in Accounting and Audit fields will be an added advantage.
• Integrity
• Analytical Skills
• Innovative/ Creative
• Initiative
• Dynamic/Adaptable
• Negotiation Skills
• Continuous Professional Learning/Education

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Key Responsibilities of the Business Development Manager:

• Planning
• Continually monitor custodial services client relationships to ensure that clients are satisfied with BOA service/partnership.
• Identify other potential Institutions, Pension Fund owners, Industry service providers, Insurance companies and existing clients with whom we can partner/do business and who can benefit from our mix of products and services.
• Prepare a calling program for the targeted Institutions/Individuals.
• Continually monitor operational processes to ensure they are in tandem with client needs.
• Continually monitor operations to ensure there is effectiveness and efficiency in client transactions.
• Marketing
• Ensure an effective call program to new and assigned clients is maintained and executed, assessing possible needs of the targeted clients/Institutions and identify other cross selling opportunities.
• Identify and develop new business proposals efficiently and expeditiously to ensure that potential new business opportunities are not lost to competitors.
• Keep constantly in touch with Institutions, Pension Fund owners, Industry service providers, Insurance companies and existing clients ensuring that they are fully kept abreast of positive developments within the
• Bank thus increasing Bank visibility among these key Institutions and clients.
• Customer Care / Portfolio Management
  Effectively manage relationships with the various clients and key internal and external stakeholders.
• Initiate and monitor custodial services customer contact at all levels and functions, ensuring that customers enjoy the highest standards of service.
  Monitor relationships on a day to day basis to ensure good customer service on the maintenance of SLA.
• Risk & Control
• Ensure efficiency in all operations of the department.
• Manage and mitigate risks associated with Custodial Services
• Ensure efficiency in all operations of the department.
• Ensure compliance with internal controls and procedures and external requirements by regulators.
• Manage and mitigate risks associated with Custodial Services.
• Ensure eradication of operational losses/claims.
• Ensure satisfactory Audit and Risk assessment ratings.
• Ensure all revenue is collected timely and leakage eradicated through accurate and complete settlements to capture total AUC.

Qualifications for the Business development manager:

• University Degree in Business related discipline.
• Master in business related field will be an added advantage.
• Certifications in CPA, ACCA, CIA, CISA, CFE or any relevant profession will be an added advantage.
• Previous experience in a successful bank with at least 5 years’ experience in custodial services or related unit.
• Operations & relationship management.
• A good appreciation of risk and controls
• High level of accuracy and attention to detail
• Excellent time management skills
• Problem solving skills
• Good planning and organization skills
• Innovative and Proactive
• Selling/negotiation skills
• Good Interpersonal/ networking skills
• Good communication and presentation skills
• Articulate & Decisive
• High degree of Integrity
• Good organizational skills

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Key Responsibilities of the Bank Assurance Manager:

• Advise bank management on all areas pertaining to insurance
• Put in place all systems for the bank assurance unit
• Develop insurance products for bank customers in conjunction with Insurance companies
• Generate income from insurance business
• Ensure bank policies are adequately insured with reputable insurance companies
• Undertake training on bank assurance operations and products across the bank
• Train, supervise and monitor staff under bank assurance unit
• Keep abreast of new developments in customer preferences and advise management on relevant changes
• Receive requests for Insurance covers, renewals and process the same
• Draft quotations and place covers
• Develop accurate records on the business generated
• Follow-up on underwriting requirements from branches
• Liaise with various underwriters and confirm premium collection
• Process refunds and payment advice to insurers

Qualifications for the Bank Assurance manager:

• University Degree in Commerce, Statistics, Business Management, Actuarial Science, Marketing or equivalent from a recognized institution.
• C.O.P certificate.
• At least 5 years progressive work experience in the insurance industry and banking, including responsibility for delivery and managing of a business team.
• Conversant with various bank products and processes.
• Energetic, inquisitive, sense of urgency, decisive, strong work ethic, ability to multi-task and work well under pressure to meet critical deadlines.
• Exceptional oral & written communication skills.
• Basic knowledge in credit/lending processes and procedures.
• Excellent analytical skills and a high level of integrity.

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Key Responsibilities of the Compliance Officer:

• Review and monitor bank’s compliance with regulatory guidelines.
• Implement key compliance methodologies and program.
• Review the accuracy and timeliness of reports submitted to Central Bank of Kenya.
• Ensure that any new and amendments to the relevant laws and regulations are communicated and implemented.
• Ensure 100% coverage of the annual compliance review plan for the various business units.
• Monitor compliance with Internal and external regulations.
• Review of new process flows, products, policies and procedures for adequacy of compliance risk management.
• Review adherence to all the Internal and external SLAs.
• Review banks compliance with tax provisions.
• Periodically review the compliance risk management policy.
• Follow up on implementation of all remedial action from assessments.
• Prepare quarterly compliance reports to management.

Requirements for the Compliance Officer Job:

• University Degree in Business related discipline.
• Master in business related field will be an added advantage.
• Certifications in CPA, ACCA, CIA, CISA, CFE or any relevant profession will be an added advantage.
• 5 years’ experience in a bank with at least 3years experience in a compliance function.
• Excellent analytical skills.
• In-depth understanding of financial and risk analysis.
• Dynamic and versatile team player.
• Keen eye for details.
• Ability to take initiative
• Ability to work under pressure and tight deadlines
  High degree of Integrity
• Good organizational skills