Fresh Jobs at Bank of Africa Kenya Limited

Job Purpose

• Leads a team to grow the bank’s foreign exchange revenue by building client relationships, managing risk, and ensuring profitable sales foreign exchange (FX) products and services to the bank’s clients.

Responsibilities

Generating sales revenue.

• Client engagement via emails and phone calls.
• Liaison with branches.
• Review of targets set for the different teams and devising ways of achieving them.
• Identify new clients to onboard.
• Market research to better guide clients of their forex needs and market developments.
• Booking liaisons to appropriate profit to branches.

Relationship management

• Joint visits with business teams.
• Client engagement to better understand their needs.
• Branch engagement.
• Training of new FX Sales dealers and branch staff.

Managing client database

• Review of volumes and profitability per client to monitor trends (increased or decreased trading) and guiding the respective sales dealer on how to engage the client for more business.
• Engage branches/clients for reason for decreased figures.

Onboarding of new counterparties

• Cost benefit analysis of any new counterparty that the department is looking to onboard.
• Creation of memo for approval of the onboarding.
• Liaison between the counterparty and internal teams to ensure fast and smooth onboarding
• Response to any queries that the counterparty might have.

Correspondent banks relationship management.

• Maintaining Financial Institution Relationships by constantly reviewing business needs on a case-by-case basis.
• Organizing and attending meetings with Financial Institutions and Correspondent banks, with a view of reviewing and strengthening the relationships
• Monitor the flow of treasury business to ensure fair distribution of business to our correspondent banks based on business needs.
• Timely resolution of business issues between BOA-K and other counterparties including BOA subsidiaries.
• Periodically review the pricing of services and products offered by Correspondent Banks and other financial institutions and where necessary negotiating for favorable pricing.

 Training and development

• Identifying areas of improvement and required skills for team and self.
• Key Performance Indicators (at least 5)
• Growth of new business profits.
• Growth of overall bank’s forex income.
• Achievement of branches targets.
• Training and Development
• Ensure overall customer and counterparty satisfaction.

Minimum Requirements 

• Bachelor’s degree in business, economics or related field
• Certification in CISI, CPA, ACCA, CISA or any relevant field is an added advantage
• ACI Dealing Certificate
•  4 years’ banking experience with at least 3 years in Treasury Department.

Competencies and Attributes 

• Communication Skills (Verbal & Written) – ability to articulate and relay market information and strategies in a clear and concise manner
• Negotiation Skills – daily rate negotiations with customers that lead to FX Deal closures.
• Good interpersonal skills – ability to build good relationships with internal and external stakeholders
• Adaptability – Ability to adapt and work in the other treasury desks like Trading and Money Market.
• Analytical skills – ability to critically carry out technical and fundamental analysis and reporting in departmental meetings

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Job Purpose

• Providing detailed coverage of risk management and business support in line with BOA Kenya’s Risk Management Framework.

Responsibilities
Key Duties and Responsibilities for the New Staff:
Enterprise Risk Management implementation through:

• Support implementation and periodic review of the Enterprise Risk Management Framework covering Credit, Market, Liquidity, Project, and ESG risks.
• Review risk events and follow up on mitigation actions.
• Review and monitor Key Risk Indicators (KRIs) aligned to the Bank’s risk appetite.
• Maintain and update the Credit, Market, Liquidity, Project, and ESG Risk Registers.

Stress Testing, Scenario Analysis & Valuation Modelling:

• Support the development and review of the stress testing framework, scenario analysis, and capital modelling, including climate risk stress testing.
• Conduct monthly Credit, Liquidity, and Market Risk stress tests and analyze results.
• Perform monthly GAP analysis for Liquidity and Interest Rate Risk
• Develop and enhance valuation and risk models (e.g., Value at Risk (Var), Sensitivity Analysis) and present findings to MRCC and ALCO for review and adoption.
• Contribute to forward-looking climate and transition risk scenario analysis in line with sustainability disclosure requirements.

Risk Assessments & Monitoring:

• New Product and Process Risk assessments.
• Review and monitor ALM controls, policies & limits.
• Monitoring of risk indicators against the Bank’s various risk appetites.

Reporting and Regulatory Enforcement:

• Support Market & Credit Policy reviews and governance updates.
• Check and ensure the adequacy between the Bank’s practices and regulatory requirements (Basel II and various Risk guidelines).
• Preparation of reports (daily, weekly monthly, quarterly and Board as required).
• Prepare dashboards, management and regulatory reports (IFRS 9 model analysis, ICAAP Model, Counterparty reviews).

 ESG & Climate Risk

• Support implementation of ESG and Climate Risk frameworks
• Assist in integration into risk management processes and risk reporting as required.
• Monitor ESG regulatory developments.

Market Research:

• Daily scanning of Market information (Regulators, Securities Markets & General Information).
• Ensure the Bank’s alignment to best practice and global standards.

Co-operation/Liaison with the Other Teams:

• Monthly follow up for implementation of risk matters.
• Attend other risk related committee meetings and ad-hoc Project committee meetings.
•  Other special assignments as assigned by the Head of Enterprise Risk.

Minimum Requirements

Desired Academic and Professional Qualifications: –

• Bachelor’s degree in accounting, Finance, Economics or Business Administration from a recognized University.
• Financial Risk Management Certifications (FRM, CFA, FRR, ACI) preferred.

Competencies and Attributes

Skills/Experience Required

• 1–3 years’ experience in Market Risk within a bank or financial institution.
• Understanding of CBK Prudential and Risk Management Guidelines and other regulatory requirements.
• Knowledge of Enterprise Risk Management (ERM).
• Exposure to Credit, Treasury, Global Markets, or Branch Operations is an added advantage.
• Proficiency in Microsoft Excel.

Competencies

• Communication: Strong written and verbal skills.
• Integrity and Professional Competence: High ethical and professional standards.
• Analytical Skills: Ability to analyze and solve problems.
• Innovation: Ability to improve processes and solutions.
• Initiative: Self-driven with minimal supervision.
• Adaptability: Open and responsive to change.
• Continuous Learning: Commitment to ongoing professional development.

go to method of application »

Job Purpose

• Providing detailed coverage of risk management and business support in line with BOA Kenya’s Risk Management Framework.

Key Duties and Responsibilities for the New Staff:

 ESG Strategy and Implementation

• Support the development and implementation of the Bank’s ESG and Sustainability Framework.
• Integrate ESG considerations into credit, investment, and operational decision-making.
• Support development of sustainable finance initiatives and green financing opportunities.

Regulatory Compliance and Reporting

• Ensure alignment with Central Bank of Kenya (CBK) Climate Risk Management Guidelines and other relevant regulatory requirements.
• Support adoption and application of the Kenya Green Finance Taxonomy.
• Coordinate preparation of ESG and climate-related disclosures for internal management, regulators and external stakeholders.
• Support implementation of IFRS S1 and IFRS S2 Sustainability Disclosure Standards.
• Monitor ESG regulatory developments.

Climate and ESG Risk Management

• Support integration of climate and ESG risks into the Bank’s Enterprise Risk Management (ERM) framework.
• Assist in conducting climate risk assessments, scenario analysis, and stress testing.
• Develop ESG risk indicators, monitoring tools, and dashboards.

Data Management and Analysis

• Collect, analyze, and validate ESG and climate-related data across the Bank.
• Support development of ESG metrics, KPIs, and reporting frameworks.
• Maintain ESG documentation and support internal and external audits.

Stakeholder Engagement

• Coordinate ESG initiatives across Risk, Credit, Finance, Compliance, and Business Units.
• Support engagement with regulators, investors, development finance institutions, and ESG rating agencies.
• Provide ESG awareness and capacity building within the Bank.

Co-operation/Liaison with the Other Teams:

• Monthly follow up for implementation of risk matters.
• Attend other risk related committee meetings and ad-hoc Project committee meetings.

Minimum Requirements

Desired Academic and Professional Qualifications: –

• Bachelor’s degree in finance, Environmental Studies, Economics, Sustainability, Risk Management, or related field.
• Professional certification in Sustainability, ESG, Risk Management, or Finance is an added advantage.

Competencies and Attributes

Skills

• 1-3 years’ experience in ESG, sustainability, risk management, or regulatory compliance within a financial institution, consultancy, or development finance environment.
• Knowledge of IFRS S1 and IFRS S2 sustainability disclosure standards.
• Familiarity with CBK Climate Risk Management Guidelines and Kenya Green Finance Taxonomy is an advantage.
• Experience in data analysis, reporting, and sustainability frameworks.

Competencies

• Analytical Skills: Ability to assess ESG risks, climate impacts, and regulatory developments.
• Regulatory Awareness: Understanding of sustainability and climate risk regulations in banking.
• Communication: Strong written and verbal skills for ESG reporting and stakeholder engagement.
• Strategic Thinking: Ability to integrate ESG into business and risk decisions.
• Collaboration: Ability to work across departments and influence stakeholders.
• Integrity: Demonstrates high ethical and governance standards.
• Continuous Learning: Keeps abreast of evolving ESG and sustainability standards.