Latest Recruitment at Kenya Development Corporation

Job Description

• The officer will be responsible for designing, implementing and overseeing wholesale financing programs, debt facilities, and strategic lending frameworks targeting financial intermediaries such as SACCOs, microfinance institutions and cooperatives. The role is responsible for driving national development agendas, promoting financial inclusion and ensuring risk-mitigated credit deployment to institutional borrowers in order to deliver the Corporation’s mandate.

Duties and Responsibilities;

• Formulating and ensuring implementation and review of wholesale financing operational policies, systems, processes and procedures;
• Overseeing credit assessment of the participating financial institutions borrowing from KDC and ensuring that the credit assessment and scoring reports are approved by the Board and used to ensure optimal credit management decisions are made;
• Overseeing detailed refinancing project appraisal, in accordance with existing company policies and procedures;
• Initiating authorization for bad loan provisions, loan restructuring, and disbursements following security perfection within the existing Corporation’s frameworks;
• Developing and launching wholesale lending programs and revolving fund mechanisms for borrowers;
• Identifying and managing a high-performing pipeline of institutional borrowers to meet annual disbursement targets;
• Aligning all wholesale financing structures with national economic goals and regulatory mandates.
• Leading rigorous institutional due diligence on intermediate borrowers' governance, operations, and capital adequacy.
• Structuring complex debt facilities, collateral requirements and agreements to protect fund safety;
• Presenting data-driven credit memoranda and risk assessments to the implementation committees for approval;
• Identifying training needs for direct reports, mentoring and coaching staff;
• Preparing management and Board reports periodically and as need arises;
• Preparing departmental budgets and ensuring adequate budgetary controls;
• Liaising with the Risk Management and Compliance department to continuously review facilities granted, to highlight changes in risk profile and undertake remedial or risk mitigation action if required;
• Liaising with legal department and identified external agencies, to institute the necessary security perfection and refinanced loans recovery activities in cases of default;
• Monitoring the financial health and covenant compliance of borrowing institutions;
• Identifying early-warning signs of credit deterioration to implement timely risk mitigation strategies.

Person Specifications

• Bachelor's degree in Finance, Economics, Commerce, Accounting, Business Administration, or equivalent qualification from a recognized institution;
• Master’s degree in Finance, Development Finance, Economics, Project Management or equivalent qualification from a recognized institution;
• Professional Qualification in banking, finance, project management, investment banking or its equivalent from a recognized institution;
• Membership to a relevant professional body e.g., Institute of Certified Accountants (ICPAK), Institute of Certified Financial Analysts (ICIFA), Institute of Bankers, or equivalent and in good standing; Credit certification or related fields.
• Minimum of eight (8) years of progressive experience in corporate banking, development finance, institutional lending, or wholesale treasury operations;
• At least three (3) years in a senior supervisory or management capacity overseeing credit programs, institutional portfolios, or DFI-funded programs;
• Must have demonstrated ability to handle budgets, resources, processes, projects and relationships;
• Demonstrated track record of successfully structuring debt facilities or wholesale lines of credit;
• In-depth familiarity with the Kenyan financial sector, cooperative movement, microfinance landscape and public financial management regulations;
• Must have knowledge in use of MS office packages, Power BI and digital tools i.e. Digital financial systems
   

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Job Description

• The officer will be responsible for execution of rigorous credit appraisals, institutional due diligence, and financial monitoring of participating financial institutions, ensuring strict compliance with operational policies, risk frameworks, and security perfection timelines to support the growth and quality of the wholesale lending portfolio.

Duties and Responsibilities

• Supporting the implementation and continuous review of wholesale financing operational policies, systems, processes, and procedures;
• Conducting comprehensive credit assessments and scoring for participating financial institutions to inform board approval and credit management decisions.
• Undertaking detailed project and refinancing appraisals in strict accordance with established Corporation’s policies.
• Verifying security perfection, draft restructuring proposals, and process documentation to initiate authorizations for disbursements and bad loan provisions.
• Assisting in the deployment and operational rollout of wholesale lending programs and revolving fund mechanisms.
• Screening prospective institutional borrowers and maintain an active pipeline to meet annual disbursement and impact targets.
• Verifying that proposed wholesale financing structures adhere to national economic goals and regulatory mandates.
• Executing detailed institutional due diligence on intermediate borrowers, analysing their governance, operations, and capital adequacy.
• Drafting terms for complex debt facilities, collateral requirements, and agreements to protect the safety of the fund.
• Compiling data-driven credit memoranda and risk assessments for presentation to credit committees.
• Preparing periodic management and data inputs for Board reports as required.
• Providing inputs for departmental budget preparation and adhere to established internal budgetary controls.
• Collaborating with the Risk Management and Compliance department to track facility performance and flag changes in risk profiles.
• Liaising with the legal department and external agencies to expedite security perfection and support recovery activities for defaulting loans
• Reviewing the financial health, financial statements, and covenant compliance of borrowing institutions.
• Monitoring portfolio metrics to detect early-warning signs of credit deterioration and recommend timely risk mitigation strategies.

Person Specifications

• Bachelor’s degree in a Business-related field from a recognized institution;
• A member of the Association of Certified Public Accountants (ICPAK) or Chartered Certified Accountants (ACCA) or its equivalent.
• Minimum five (5) years’ experience in finance or a relevant field;
• Professional expertise and industry Knowledge of loan management and credit policy;
• Proven track record in evaluating the financial health, governance, and asset quality of financial intermediaries, such as SACCOs, micro-lenders, or cooperatives;
• Regulatory Awareness: Familiarity with the banking sector regulations, SACCO Societies Regulatory Authority (SASRA) guidelines, and national development agendas;
• Analytical Mindset, demonstrating high attention to detail when auditing compliance checklists and loan documentation;
• Have knowledge in use of MS office packages

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Job Description

• The officer will be responsible for the operational management of KDC’s property portfolio to enhance occupancy, revenue collection, service delivery, compliance and asset value.

Duties and Responsibilities

Duties and responsibilities will entail: -

• Administering leases, including negotiation, execution, renewal, rent review, variation, termination and tenant exit processes;
• Maintaining an accurate lease register and ensuring that renewals, rent reviews and termination processes are initiated and concluded before lease expiry;
• Maintaining a register of controlled tenancies and irregular occupancy arrangements and coordinating appropriate action with Legal Services;
• Coordinating tenant onboarding, including due diligence, KYC documentation, deposits, lease execution, handover and opening of tenant accounts;
• Monitoring rent, service charges, parking fees and other property income and following up delayed payments and outstanding arrears;
• Reconciling tenant accounts with the Finance Department and maintaining updated arrears ageing and recovery-action report;
• Monitoring occupancy, vacancies, tenant retention, rental yields and property utilisation and recommending measures to improve portfolio performance;
• Liaising with appointed property management firms on tenant management, rent collection, maintenance, leasing and implementation of approved service standards;
• Coordinating external service providers to ensure quality, timely and cost-effective service delivery;
• Conducting regular property inspections and coordinating preventive and corrective maintenance, statutory compliance and resolution of tenant complaints;
• Maintaining complete and up-to-date property, tenant, lease, maintenance, valuation and service-provider records;
• Preparing monthly property-management reports for Management and quarterly property performance reports and supporting papers for the Board and relevant Board Committees;
• Supporting property valuations, audits, insurance reviews, sustainability initiatives and feasibility studies for underutilised or underperforming properties;
• Supervising and providing technical guidance to junior property-management staff.

 Person Specifications

• Cumulative service period of six (6) years relevant work experience;
• Bachelor ‘s degree in any of the following disciplines: -Property Management and Valuation, Facilities Management, Construction Management, Building or equivalent qualification from a recognized institution;
• Membership to a relevant professional body, and in good standing;
• Shown merit and ability as reflected in work performance;
• Proficiency in computer applications;
• Fulfil the requirements of Chapter Six of the Constitution of Kenya.

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Job Description

• The officer will provide strategic, technical and supervisory leadership in the management and optimisation of KDC’s property portfolio.

Duties and Responsibilities

Duties and responsibilities at this level will entail: -

• Developing, implementing and reviewing property-management policies, strategies, procedures, annual work plans, budgets and performance targets;
• Overseeing the complete lease-management cycle and ensuring that lease renewals, rent reviews, terminations and re-letting decisions are concluded before expiry;
• Overseeing the identification and management of controlled tenancies, expired leases, irregular occupancy and tenancy disputes in liaison with Legal Services;
• Providing leadership in revenue management, including billing controls, rent collection, arrears recovery, tenant-account reconciliation and enforcement of lease obligations;
• Establishing controls to prevent occupation without valid leases, delayed rent reviews, accumulation of arrears and loss of property-related income;
• Overseeing tenant onboarding, lease restructuring, approved repayment arrangements, tenant exits and other tenancy-management processes;
• Managing the performance of outsourced property management firms and ensuring compliance with contracts, service-level agreements and reporting requirements;
• Coordinating external service providers to ensure quality service delivery, value for money and tenant satisfaction.
• Reviewing property performance, including occupancy, vacancies, collections, arrears, rental yields, operating costs and lease-renewal rates, and implementing corrective measures;
• Leading property valuations, feasibility studies, investment appraisals, redevelopment assessments and asset-optimisation initiatives for underperforming or underutilised properties;
• Advising Management and the Board on property acquisitions, disposals, redevelopment, lease restructuring, capital expenditure and other property investment decisions;
• Ensuring compliance with tenancy laws, statutory requirements, health and safety standards, insurance conditions, environmental requirements and corporate governance standards;
• Reviewing monthly property-management reports and preparing and presenting consolidated quarterly property portfolio reports and Board papers;
• Following up implementation of Management, Board, committee and audit decisions relating to the property portfolio;
• Supervising, mentoring and evaluating property-management staff and representing KDC in engagements with tenants, property managers, regulators, consultants and other stakeholders.

Person Specifications

• Cumulative service period of nine (9) years relevant work experience;
• Bachelor ‘s degree in any of the following disciplines: -Property Management and Valuation, Facilities Management, Construction Management, Building or equivalent qualification from a recognized institution;
• Membership to a relevant professional body, and in good standing;
• Shown merit and ability as reflected in work performance.
• Proficiency in computer applications.
• Fulfil the requirements of Chapter Six of the Constitution of Kenya

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Job Description

• This will be an operational grade for advocates with practical litigation and commercial legal experience. An officer at this level will be expected to independently handle routine litigation, dispute resolution and commercial legal assignments while escalating complex or high-risk matters as appropriate.

Duties and Responsibilities

Duties and responsibilities at this level will entail:-

• Conducting legal analysis of disputes involving the Corporation and advise on appropriate legal interventions and litigation strategies;
• Independently prepare, review, file and serve pleadings, witness statements, affidavits, submissions, legal opinions and other court documents;
• Representing the Corporation before courts, tribunals, quasi-judicial bodies and alternative dispute resolution forums where authorized.
• Managing routine litigation matters in-house, including developing case strategies, preparing witnesses, complying with procedural requirements and ensuring that matters are prosecuted or defended expeditiously.
• Coordinating and monitoring litigation handled by external advocates, including reviewing legal strategies, monitoring performance against agreed service levels and verifying legal fees and disbursements;
• Attending court proceedings and monitor the progress of cases to ensure timely prosecution and defence of matters, compliance with court directions and adherence to statutory timelines;
• Advising on the enforcement and realization of securities including legal charges, mortgages, debentures, guarantees, liens, assignments and other collateral in accordance with applicable law;
• Preparing, reviewing and issuing statutory notices relating to debt recovery, realization of securities and other legal enforcement processes;
• Advising on insolvency, bankruptcy, receivership, liquidation and restructuring proceedings involving the Corporation's borrowers, debtors or counterparties;
• Assisting in preparing and interpreting legal opinions on litigation, recovery, commercial transactions and operational matters affecting the Corporation;
• Drafting, reviewing and negotiating routine commercial agreements contracts, security documents, memoranda of understanding and other legal instruments;
• Assisting in advising on commercial transactions, project financing, lending arrangements, recoveries and legal risks associated with the Corporation's financing activities;
• Conducting legal due diligence and support enforcement and recovery initiatives arising from the Corporation's lending and investment portfolio;
• Conducting legal research, analyse judicial decisions and monitor legislative and regulatory developments relevant to the Corporation's operations;
•  Maintaining an up-to-date repository of litigation records, legal precedents, court orders and legal opinions and ensure proper management of the Directorate's records;
• Assisting in the preparation of litigation status reports, legal risk reports, contingent liability reports, recovery reports and periodic Directorate reports for Management and the Board;
• Monitoring compliance with court orders, consent judgments, arbitral awards and settlement agreements involving the Corporation;
• Participating in negotiations, mediation and other alternative dispute resolution processes aimed at expeditious resolution of disputes;
• Identifying legal risks arising from litigation and recommend appropriate mitigation measures to safeguard the Corporation's interests;
• Assisting in developing, reviewing and implementing legal policies, procedures, manuals and standard operating procedures;
• Liaising with regulators, government agencies, law enforcement agencies and other stakeholders on matters affecting the Corporation's legal interests;
• Supervising, mentor and provide technical guidance to Legal Clerks, interns and other officers assigned to the Directorate;
• Collaborating with internal departments to ensure legal compliance, facilitate recovery initiatives and provide practical and timely legal support on operational matters;
• Any other duties and responsibilities as assigned from time to time.

Person Specifications

• A Bachelor's Degree in Laws (LL.B) from a recognized institution;
• A Postgraduate Diploma in Law from the Kenya School of Law;
• Be admitted as an Advocate of the High Court of Kenya;
• Hold a valid practising certificate;
• Be a member in good standing of the Law Society of Kenya;
• Have at least three (3) years’ post-admission experience in active litigation gained in a busy law firm or a financial institution, with demonstrable experience in commercial litigation, debt recovery, securities enforcement or banking and finance law;
• Demonstrate practical experience in independently preparing pleadings and court documents, attending court and managing litigation files;
• Demonstrate experience in drafting and reviewing routine commercial agreements and other legal instruments;
• Demonstrate agility in responding to urgent litigation, recovery, contractual and operational assignments within prescribed timelines;
• Proficiency in computer applications;
•  Fulfil the requirements of Chapter Six of the Constitution of Kenya.