Job Openings at Standard Bank

Job Description

The role is responsible for coming up with the marketing strategies/plans and managing the timely execution of the same across business units at Stanbic Bank Kenya. The role works in close interaction with various products, segments and business units to ensure optimal promotion of products and services both to internal and external stakeholders.
Business units reference the following: Business and Commercial Clients, Wholesale Clients and South Sudan.

Key Responsibilities/Accountabilities

Strategy Formulation and Execution

1. Understand business objectives and utilizing insights to develop an actionable impact driven marketing plan
2. Conceptualize and execute marketing initiatives on multi-channels ensuring they are built on aligned, defined and agreed upon strategic drivers
3. Create, maintain, and conduct analytics reporting across multiple platforms and extract key insights for future campaign development and go-to-market strategies, complete with formal proposals and recommendations on tactics
4. Ensure evaluation systems are in place regarding to the strategic drivers and regular updates are shared with heads of business and Head of Brand and Marketing

Stakeholder Engagement

1. In partnership with Business, generate deep understanding of the client and developing value add opportunities to deepen client engagement
2. Use of data to drive meaningful targeted communication to our existing clients
3. Use and optimization of key sponsorship assets to drive brand visibility, thought leadership and lead opportunities
4. Identify key partnerships or properties that can help drive business opportunities for the bank in regarding visibility, thought leadership and lead generation.
5. Develop and maintain mutually beneficial and effective relationships between Business Units, Marketing Functions and other units of the bank.

Project Management

1. In partnership with Assistant manager, scope out project marketing needs.
2. Actively monitor project tasks, marketing execution and performance.

Team Management

1. Managing and directing the activities of business marketing department to ensure the strategic goals and targets are achieved.
2. Ensure all team members are competent to carry out their respective roles by understanding gaps they may have and in partnership with HC identify programs that will help close the gap.
3. Maintain a climate that attracts, retains and motivates top quality direct reports
4. Perform all people management such as Performance Management, Talent Management, Career Management for direct reports
5. Help formulate and administer policies to ensure the integrity within the team.

Minimum Qualification and Experience

Qualifications

1. A bachelor’s degree in Commerce, Business, Marketing or any related field (Marketing specialization or Post Graduate qualification in Marketing will be an added advantage)
2. Marketing and advertising industry knowledge

Experience

1. 8 – 10 years’ experience Marketing of which 3 years should be at a middle management or senior management level.
2. Proven track record essential. (High performer with visible results)
3. Experience in service sector

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Job Purpose

To conduct surveillance, analyse and investigate customers with respect to potential terrorist financing and money laundering related to bribery, corruption, and other predicate offences or other suspicious activity, based on System and Manual Alerts. This is essential in order to contribute to the assurance that business is undertaken in a compliant manner to avoid operational losses, fines, penalties, or reputational damage to the organisation.

Key Responsibilities/Accountabilities

• Product
  • Execute product related activities in line with the agreed policies, procedures, and service level agreements.
  • Conduct in-depth analysis to ensure that the organisations' products and services adhere to all relevant legislation and regulations.
  • Risk, Regulatory, Prudential & Compliance
  • Stay abreast of, identify and report / escalate on any new and emerging trends and typologies in the legislative and regulatory environment, any product issues or any risks.
  • Conduct in-depth investigations into money laundering and terrorist financing activities, Politically Exposed Persons (PEPs), Politically Influential Persons (PIPs) or Tip-Offs in order to identify potential risks for the Bank.
  • Receiving of suspicious transaction reports and conducting a first level review with subsequent escalation to the Team Leader for reporting to the Financial Reporting Centre.
  • Capture accurate and detailed suspicious transactions report in the goAML system
  • Daily analysis on all positively identified persons/entities in relation to manual and systems generated alerts of suspicious activity in line with Anti-Money Laundering Control (AML) procedures.
  • Ensure that all media sources (newspapers / internet) are reviewed daily to keep abreast with information on high risk customers and customers with adverse information.
  • Analyse all matters relating to high-risk customers containing adverse information, complex and significant issues to line management for immediate action in order to avoid operational losses, fines, penalties or reputational damage to the organisation.
  • Respond timeously to FRC requests and making sure that all required information and documentation are provided. Daily assessment of AML and reports for potential suspicious activity.
  • Participate in reviewing Policies and Procedures on all relevant POCAMLA, CBK Prudential Guidelines and Money Laundering Policy and procedure manuals to ensure that these documents are always updated with the latest legislation requirements and operational procedures. Assist with the reviewing of internal rules, manuals, and policies within the Money Laundering Surveillance (MSL).
  • Analyse potential money laundering and financing of terrorism risks associated with specific customers, products, jurisdiction and channels of delivery.
  • Evaluate alerts presented on the various AML systems (eg Nice Actimize Watch List Filtering (WLF), RelyComply, Customer Onboarding and Insure Manager systems) in real time and/or in batch, by analysing such alerts against the information on the hit list within service level agreement.
  • Completion of AML questionnaires for our Correspondents clients and Timely review and submission of Correspondent Requests for Information (RFIs)
  • To actively participate in MLS projects and assist in testing of the new systems in the MLS space and assist with ad-hoc tasks, assume responsibility for special projects, participate in system testing and other activities required for the running of the MLS unit
  • Maintenance of records related to AML/ CFT duties specified above including training records, supporting documents used to resolve alerts.
  • Ensure timely submission of regulatory reports to the regulatory authorities which include the Financial Reporting Centre, Central Bank of Kenya.
• Technology & Architecture
  • Understand the banking source and target systems and interpret the output in the surveillance, investigation & analysis processes.
• Client
  • Execute client and stakeholder activities, both internal and external, in line with the agreed policies, procedures and service level agreements.
  • Provide expert advice and guidance to stakeholders & clients.
  • Resolve queries regarding the analysis, information & reports
• Data
  • Gather all sufficient and appropriate information from all available sources to ensure thorough analytics can be conducted.
  • Capture findings and conclusions in the required reporting format and systems and prepare and submit outcomes as prescribed by relevant policies and procedures.
  • Escalate all high-risk, complex and/or significant issues to the line manager to ensure these matters are dealt with timeously and as per the standards set out it in the relevant functional framework.
  • Store and manage all information and data on the required systems, in the required format and for the required duration as prescribed by the relevant data model and in adherence with the policies and procedures.
  • Deliver holistically on all the regulatory and internal reporting requirements. Compile reports covering findings, conclusions, recommendations and to inform next steps. Prepare statistics, dashboards, and information for both internal stakeholders and Regulators.
  • Analyse all information related to alerts and/or instructions received, via any method or form, in order to detect possible money laundering; terrorist financing; sanctions breaches, exchange control contraventions and any other legislative breaches.
  • Prepare statistics & other information as required for reporting, further investigation, or auditing purposes.

Minimum Qualification and Experience

• Undergraduate degree in Business or equivalent
• 2-3 years experience in the realm of Anti-Fraud, -Bribery, -Market Abuse-Money Laundering and Combatting Financing of Terrorism Surveillance, Analytics and Investigation.
• Experience in bank processes, products, and systems. Experience in dealing with different stakeholders at different levels both internal and external.

Other Minimum Qualifications, certifications, or professional memberships

• Professional course in Money Laundering e.g. Certified Anti-Money Laundering Specialist (CAMS), International Compliance association (ICA) and equivalent

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Job Purpose

To take accountability for development, translation and implementation of the business and finance strategy in Engineering and innovation. To provide leadership, vision, and direction to finance teams. To ensure the effective implementation and continuity of full financial management services. To construct and drive the development and implementation of processes, systems and controls in the finance area through the finance team across the continent

Key Responsibilities/Accountabilities

Financial Management

• Provide specialised advice to Senior/Executive Stakeholders of Stanbic Bank Limited on the required minimum standards, strategies, projects, plans, initiatives, reporting and other relevant activities related to the Innovations and engineering Finance Function, to ensure all business areas effectively comply with internal standards and financial requirements.
• Strategically partner with relevant stakeholders regarding the development of management accounting systems, that ensures efficient and high-quality reporting is delivered as required to the relevant committees, forums and regulators. Manage inter-dependencies and reporting obligations within the holistic financial reporting requirements.
• Monitor and control cost management and adherence to sound financial practices, to strategically drive the cost and recovery outcomes and optimisation of costs across technology.
• Provide comprehensive specialist financial management, cost and risk-control expertise to Stanbic Bank Limited as it relates to Innovations and engineering.
• Provide meaningful and commercially astute insight to stakeholders through the analysis and explanation of the impact of business, Innovation and engineering activities on total costs across Bank. Recommend measures of improvement for the business and finance partners.
• Take accountability for the delivery of financial results for Engineering and innovations, on a timely basis in an acceptable manner to stakeholders.
• Review and approve financial input and feasibility studies for new Innovations and engineering projects initiated by relevant stakeholders, across Stanbic Bank Limited.
• Identify potential risks impacting control environment across the Innovations and Engineering Finance Function for Bank, in order to improve control and prevent financial losses, ensuring all risk issues are actively managed in the appropriate manner, and that incidents are reported timeously with all relevant stakeholders.
• Identify opportunities for improvement in financial processes and drive the implementation across Bank Innovations and engineering Finance in order to achieve efficiencies, best practice and standardisation.
• Continually seek cost saving opportunities and ensure implementation through strategic/effective partnerships with stakeholders.
• Monitor and review the quality and cost effectiveness of services provided to ensure value for money.
• Remain relevant to key stakeholders in terms of competitor behaviour and industry trends, enabling the provision of relevant reports and insights on all financial management activities.
• Lead financial forecasts of business activities proactively and seek to act upon (with fellow finance and business stakeholders) any trends identified.
• Strategically drive the cost and recovery outcomes, to support the transfer recovery cycle and methodologies of the relevant area.
• Enforce transfer pricing governance and compliance activities to wider Bank policies, and continually seek to improve the transfer pricing/transfer recovery methodology, supporting the recovery cycle.
• Develop and foster strategic stakeholder relationships with executive head within functional area of support, as well as their management team.
• Integrate and collaborate with relevant internal stakeholders to enable the achievement and delivery of critical financial outcomes.
• Define all management and financial accounting frameworks and key reporting requirements for Bank Innovations and engineering to define the Finance toolbox and ensure effective and efficient service delivery.
• Track, monitor and report on Bank Innovations and engineering performance against projections and make recommendations for improvements, to influence the successful achievement of rolling forecasts and scenario planning.
• Analyse financial performance and identify trends and opportunities for revenue enhancement and cost containment and to maximise returns.
• Technology and architecture- Finance future ready transformation.
• Identify areas and processes for efficiency and improvement, aligned to the Bank's strategic objective of digitisation & automation, and lead the change to the implementation of cloud financial operations practises in order to achieve automated and accurate planning outputs.
• Ensure finance participation in the end-to-end agile development process within the construct of DevOps practices and methodology.
• Support agile ceremonies: sprint planning, daily stand ups, sprint review and sprint retrospectives and UAT finance tests
• Supervise and foster built in quality.
• Provide finance future ready technical insights to support release planning, including user stories breakdown, tasks assignment, and backlog grooming, through elicitation and clarifications of user stories and requirements with finance stakeholders and communication of IT dependencies.
• Drive team commitments to the work in every iteration or Program Increments.
• Be responsible for value and builds to continuously improve the quality of deliverables.
• Ensure best practices for all the finance systems are being implemented i.e reconciliations within systems, relevant UAT tests.
• Work together with group counterparts for implementation of group wide systems

People

• Lead and drive the appropriate level of change across finance teams in order to support the ongoing requirements of the business.
• Build and maintain effective relationships with internal and external stakeholders, to drive the provision (including responsibility) of both financial and non-financial information and support to all relevant stakeholders.
• Lead the team according to the Banks leadership principles and values, including managing the employee lifecycle from recruitment through to exit, performance management, training and development, discipline and grievance management, retention, reward and people administration to ensure a high-performance culture.

Risk, Regulatory, Prudential & Compliance

• Provide input into the design of Bank's control policies in the execution of the Innovations and engineering team's responsibilities, ensuring compliance and risk mitigation of the Bank's financial losses.
• Continuously review and make recommendations to improve existing policies and procedures, ensuring these are shared across Bank to promote standardisation and best practise.
• Advise and influence various Forums and Committees, as a quorum member, in order to represent Innovations and engineering Finance to forward Bank's interests.
• Drive the successful completion of the annual external audit reviews for Bank Finance Technology & Operations in order to achieve satisfactory and unqualified audit reports.
• Enforce the Bank guidelines and policies around financial management are adhered to by all Innovations and engineering stakeholders across the Bank.
• Enforce compliance to all regulatory frameworks for all finance activities both by business stakeholders as well as the team, ensuring the Bank adheres to risk and compliance policies and procedures.

Strategy

1. Define the strategic Financial roadmap for Bank Innovations and engineering. Monitor the implementation of the strategic roadmap to ensure the effective implementation and continuity of full financial management services.
2. Drive crucial conversations with business executive stakeholders as well as internal Financial stakeholders to challenge and resolve financial management related issues.
3. Partner with business executives to drive commercial awareness in decision making, as well as build the future capability.
4. Seek innovative ways to strategically achieve value added services to Client Segments, Client Solutions and Corporate Functions across the Bank
5. Both accountable and responsible for the key financial controls over the monitoring and reporting of all financial processing for Bank Innovations and engineering.
6. Both accountable and responsible for the preparation of management accounts, ensuring accurate and timely account management.
7. Develop a deep understanding of and contribute to the overall strategy for Bank Engineering and the individual financial drivers of Innovations and engineering in order to realise the aspirations of the Bank.
8. Define and influence cost control strategies and measures within Bank Engineering in order to realise strategic objectives.
9. Lead and drive the scenario planning and analysis, interpretation and projections of business results for Innovations and engineering in order to identify trends, insights and opportunities.
10. Optimise strategic business delivery through the appropriate specialist views and guidance incorporated into quarterly business reviews that drive the appropriate business strategic discussions.
11. Articulate the Bank Innovations and engineering strategy into financial forecasts and outlooks to develop a roadmap of where the business is going in order to provide direction.
12. Maintain an in-depth understanding of the entire Business (Client Segments and Client Solutions) and all its activities by consistently engaging with executive committee members in order to effectively lead the implementation of the Finance plan for Bank Innovations and engineering.

Minimum Qualification and Experience

1. First Degree in Finance/ Accounting or equivalent
2. More than 10 years experience in Finance Business Partnering
3. Chartered Accountant qualification
4. The role requires a seasoned individual with a thorough understanding of the end-to-end Financial Value Chain. The role requires Technology knowledge and experience. The role requires an experienced Financial Manager with the ability to provide strategic advice to senior executives and Exco's. Be able to influence strategy.