Job Openings at I&M Bank

REF:MCU/3/2021–LEGAL MANAGER-COMMERCIAL UNIT  

PURPOSE:

The job holder will be responsible for ensuring that the Bank’s interests are safeguarded and secured from legal and contractual liability and also assist in conducting legal research and reviewing of existing and new statutes as well as advising on the new legal issues arising to ensure statutory and contractual compliance by the Bank

PRIMARY RESPONSIBILITIES:

The Incumbent will report to the Senior Manager-Legal and will be responsible for:

• Providing Statutory and contractual compliance by advising the relevant Bank functionaries on the compliance requirements of new laws and regulations;
• Liaising with relevant subsidiary/division/department/unit of I&M where legal risks have been identified, to develop mitigating measures and implement remedial action.
• Formulating legal compliance checklists and matrixes to be used for undertaking legal compliance reviews and liaise with the various regulators to ensure compliance by the Bank.
• Conducting legal risk analysis and providing legal support for new and ongoing Bank projects and preparing appropriate legal risk reports for use by management.
• Providing advice and legal opinions on legal issues, risk and regulatory compliance and contract management strategy
• Supervising and coordinating the review of Contracts that the Bank may enter into with third parties
• Drafting and reviewing Contracts and Agreements on new products, security documents and other relevant documents;
• Follow up on the preparation of all Leases in regard to the premises owned by the Group Companies.
• Perusing and approving Licenses for ATMS, Bill Boards, Car parking’s etc.
• Ensuring registration of the bank’s IP;
• Ensuring proper and accurate lodgement of all security documents received in both the manual registers as well as electronic registers within stipulated time frame.
• Ensuring Bank policies are complied with pertaining to movement of security documents
• Ensuring that physical securities / documents are held in good order and properly arranged in the Securities Room.
• Ensuring adherence to the Bank’s Policy and procedures in the safety of securities/custodial process

• Assisting in supervising and coordinating the continual review and updating of internal legal and banking documents as well as procedures; and
• Supporting the planning, organisation and conducting of internal and external staff training sessions on legal issues.

 QUALIFICATIONS AND COMPETENCIES REQUIREMENTS:

Academic Qualifications

• Master of Law degree in Corporate Governance / Financial Services / Commercial/ Trade Law or its equivalent from a recognized institution will be an added advantage;
• Bachelor’s degree in Law from a recognized institution; and
• Diploma of Law from the Kenya School of Law.

Professional Qualifications

• Commissioner for Oaths and Notary Public;
• Admitted to the Bar; and
• Advocate of the High Court of Kenya.

Experience

• At least 8 years’ relevant experience in law and in banking.

Generic Competencies

• Ability to write complex letters, comprehensive reports and to perform complex calculations.

Skills and attributes

• Strong planning and organization skills;
• Strong people management and decision making skills;
• Good communication and negotiation skills; and
• In-depth knowledge of the Banking regulatory law.

go to method of application »

PURPOSE:

This role is responsible for planning and carrying out specific audit assignments in I&M Bank under the guidance of the Manager-Assurance Audit so as to give assurance on the adequacy and effectiveness of the Bank’s governance, risk management and control processes. In addition, to ensure compliance with the legal requirements and the Bank’s approved policies and procedures.

PRIMARY RESPONSIBILITIES:

The Incumbent will report to the Manager Assurance Audit and will be responsible for:

• Conducting audit testing of specified areas and identifying reportable issues and dimension of risk;
• Obtaining evidence and ensuring audit conclusions are well-documented in liaison with the Manager, Assurance
• Drafting suitable audit reports highlighting key process/ control weaknesses, non-compliance with procedures and management policies and regulatory requirements, among others on those areas audited;
• Discussing with the Auditee for clarification of identified issues identified during fieldwork;
• Preparing audit plans for audit assignments in consultation with the Manager, Assurance Audit;
• Developing, in liaison with the Manager, Assurance Audit the appropriate audit tests to achieve the audit objectives defined for the assignment;
• Evaluating adequacy of auditee risk assessment for target audit areas as guided by the Manager, Assurance Audit;
• Participating in the audit team risk assessment and planning meetings for target audit areas by providing inputs and/or documenting the inputs given by the team; and
• Assisting in the following up and conclusive resolution of cleared audit issues logged from previous audits.

QUALIFICATIONS AND COMPETENCIES REQUIREMENTS:

Academic Qualifications

• Bachelor’s degree in Business Administration/Finance/Economics or related field from a recognized institution.

Professional Qualifications

• Part completion of CPA (K), ACCA, CISA, CIA or an equivalent professional qualification

Experience

• At least 2 years’ relevant experience in Banking.

Generic Competencies

• Technical skills;
• Ability to communicate;
• Report writing skills; and
• Numeric/Analytical skills.

Skills and Attributes

• Excellent communication and interpersonal skills; and
• Good problem solving skills.

go to method of application »

The role will be responsible for growing the assets and liabilities business of the Branch, as per defined budgets and managing costs so as to maximize the profitability of the Branch while handling and overseeing all operational and human resource aspects of the branch. This position is the main contact person responsible for the customer experience through consistent quality service delivery at the Branch

PRIMARY RESPONSIBILITIES:

• Marketing for new business in both assets and liabilities for the branch;
• Marketing for alternative products such as credit cards, prepaid cards, Internet banking, mobile banking etc. as well as the Group products from GA and subsidiaries;
• Arranging meetings with potential and existing clients for the review of requirements and exploring business opportunities;
• Monitoring accounts and following up for repayments and remedial action where accounts may become delinquent;
• Initiating the process of securities perfection, obtaining necessary documents, initial vetting of document, and process follow through to ensure securities are perfected in a timely manner;
• Setting targets for the Branch teams and monitoring performance to ensure the Branch achieves its overall business targets;
• Reviewing the credit applications and call reports prepared by the Relationship Officer and making appropriate recommendations to the approving authorities;
• Reviewing the daily overrides report as well as over the counter payments and making appropriate decisions or recommendations.
• Processing of ad-hoc/additional/new requests/complaints/excesses and obtaining approvals where/when required;
• Providing feedback to customers in reply to their requests and requirements in a timely manner;
• Following up with customers to ensure compliance with sanctioned terms and conditions with respect to account operations and provision of all requisite documents and covenants;
• Complying with audit observations and initiating necessary action and follow up with clients;
• Educating and creating awareness for the client on new products, Banking regulations, requirements and industry trends;
• Providing feedback to Senior Management on customer requirements/ market trends/product development to suit the needs of the customers;
• Ensuring quality service delivery within prescribed TATs to ensure customer satisfaction and business retention or growth;
• Mentoring and managing the entire Branch team;
• Introducing account opening forms, approving RTGS and TT instructions, approving Fixed deposit initiations and exceptions to Bank documentation;
• Taking charge of Branch operations duties and actions that includes:
  1. Authorizing transactions;
  2. Reviewing and signing Letters of Offer and Letters of guarantee as per policy;
  3. Approving recurrent administrative expenditure;
  4. Representing the bank at local events and bank functions;
  5. Maintaining the Branch and Branch assets; and
  6. Taking charge of the security of the Branch and customers visiting the Branch.

QUALIFICATIONS AND COMPETENCIES REQUIREMENTS:

Academic Qualifications

• Master’s degree in Business Administration or its equivalent from a recognized institution will be an added advantage; and
• Bachelor’s degree in Commerce, Management or Accounting from a recognized institution

Professional Qualifications

• Chartered Institute of Marketing diploma (CIM); 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;
• Excellent problem solving and decision making skills;
• Good networking skills; and
• Ability to drive performance and manage resources