Latest Job Openings at KCB Bank Kenya

Reporting to the Head, Fast Moving Consumer Goods (FMCG), the position will be the principal contact between a designated portfolio of the FMCG Sector and the Bank to drive business, manage sector profitability growth and maximize revenue and share of wallet. This position will involve the management of client relationships to deliver Customer Value Proposition aimed at optimizing both customer experience and profitability for the bank.

Key Responsibilities

• To execute on the FMCG strategy in line with the overall Corporate Banking Strategy in order to optimize both customer experience and profitability for the bank and the business.
• To grow and retain a high portfolio of high value Corporate Banking relationships by performing proactive and value-adding portfolio management.
• Drive sustainable growth through the delivery of innovative and customized financial solutions to meet identified customer needs.
• To build and maintain productive and strategic relations with customers/ suppliers/ line manager/ stakeholders to drive the development and delivery of business solutions and revenue growth for the specific sectors or portfolio.
• Ensure strong cross- selling of existing and new products to existing and new clients; and in this process, maintain effective liaison with all relevant business units in the bank (Retail Banking, Treasury and Digital Financial Services)
• Champion the delivery of consistent, seamless and trusted customer service to ensure customer retention and loyalty.
• Maintain a detailed and current understanding of the sub-sectors within the FMCG Sector (emerging opportunities, risks and regulatory requirements) to ensure that opportunities are realized, and risks are proactively mitigated.
• Facilitate timely submission of quality credit proposals in conformity with the Credit Policy.
• Maintain the quality of an assigned portfolio within stipulated Non-Performing Loans (NPL) and Portfolio at Risk (PAR) parameters.
• Prepare and maintain a detailed Account Plan for each client to facilitate execution of developed client strategies.

The Person

For the above position, the successful applicant should have the following:

• University Degree in Business Administration, Economics, Finance, Banking or related field from a recognized institution.
• At least 7 years’ experience in Financial Services/Banking sector with at least 5 years’ experience in Relationship Management.
• Good understanding and awareness of the business operating environment including economic and regulatory environment.
• Excellent understanding of Credit Policy and Financial Analysis
• Knowledge of Corporate Banking Products and Solutions including Trade, Cash Management, Asset Finance, and Investor Services.
• Good analytical capabilities, presentation skills and strong organizational skills with ability to handle pressure and tight deadlines.
• Strong and demonstrable track record in networking, sales, marketing and stakeholder management (internally and externally)
• Team player with good interpersonal skills
• Master’s degree in business administration, Economics, Finance and/or professional qualifications (CPA, ACCA and AKIB) will be an added advantage.

go to method of application »

The job holder will be responsible for monthly/quarterly/Annual financial reporting, management of trade debtors and creditors, General Ledger controls & reconciliations, payments verification and approvals, bank reconciliations, cost management, Internal controls, budget preparation and variance analysis.

Key Responsibilities

• Manage the Monthly/Quarterly/Annual financial reporting and submission as per Group’s timelines, ensuring proper controls on financial reporting in compliance with IFRS/IAS, Companies Act, and Taxation Act, IRA guidelines and the Company’s policies and procedures.
• Manage, review, and approve all payments within the board approved limit for expenses, underwriter and medical provider’s payments.
• Manage the receivables process by ensuring adherence to KCB Bancassurance credit policy-daily/weekly tracking and reporting of receivables per region, monthly IFRS 9 provisions tracking.
• Manage the audit process, review the submissions for external audits and closure of audit queries.
• Manage the liquidity position of the unit ensuring accurate plan of cashflows and investment of excess liquidity in line with the investment policy.
• Manage the reconciliation of all ledger accounts of the unit for accuracy of the monthly GL reconciliations and Bank reconciliations.
• Provide accurate and timely financial planning and budgeting input for the unit in compliance with the KCB Group’s guidelines.
• Review the expenditure plans, track expenditure as per budget and analyse and report any significant variance to management with recommended actions.Ensuring all taxes are filled/paid in time in compliance with the relevant regulations.
• Lead a team of Assistant Finance Managers and Finance Clerks

The Person

 For the above position, the successful applicant should have the following:

• Bachelor’s Degree in Commerce (Finance or Accounting Option), Economics or related field
• Professional Qualifications in Accounting (CPAK/ACCA)
• At least 4 years' experience in a related field.

go to method of application »

The Risk and Compliance Manager will be responsible for establishing, implementing and enforcing a robust Risk Management Framework. The job holder will create and maintain a sound risk and internal control environment within the agreed risk appetite policy. The Risk and Compliance Manager will identify, develop, and implement company policies and procedures. He/she will be responsible for the execution of Risk Management strategies that assist the Company’s realization of business objectives and continual development.

Key Responsibilities

• Design the KBIL risk management strategy, aligning all risk management and associated internal control activities to support achievement of business objectives.
• Develop, assess and implement company policies and procedures by evaluating compliance systems and ensuring adequate processes and procedures are in place.
• Perform periodic audits to assess the efficiency of compliance control systems by reviewing procedures, identifying risks, and ensuring policy enforcement.
• Manage control activities and reporting of the subsidiary, including the monitoring, and reporting of progress against corrective action plans that address control deficiencies/findings identified by management risk and control self-assessment or internal/external audit activities.
• Preparation of monthly and quarterly Risk reports for; the KBIL management, Subsidiary Board and Group Risk Board levels.
• Drive risk awareness culture through best practice and training to staff to build risk awareness within the organisation.
• Ensure compliance with regulatory obligations whilst taking a commercial and practical approach to risk-based challenges and offer appropriate solutions.
• Create an integrated compliance management system that includes compliance tools, processes, controls, documentation, and other functions.
• Facilitate the integration of risk management policy and strategy into all department’s strategies and activities.
• Implement AML/KYC compliance and Fraud management directives. 

The Person

For the above position, the successful applicant should have the following:

• Bachelor's degree in a business-related field
• Professional qualification in risk management and/or operations management
• Certificate of Proficiency or Diploma in Insurance
• At least 5 years' experience in insurance operations
• Capability to assess risk and control, highlight deficiencies and recommend improveme

go to method of application »

Reporting to the health care Administrator-Bancassurance, the role holder will be responsible for day-to-day engagement with medical providers to ensure quality healthcare provision to schemes members. Preparation of summary reports to guide on settlement or decline of claims submitted by scheme members or healthcare providers and to support medical underwriting function in reviewing of pre-requisite medical examination reports for KBIL healthcare products to facilitate placement of medical policies with respective underwriters.

Key Responsibilities

• Vetting and analyzing medical claims as per scope of cover whilst ensuring strict adherence to set guidelines and TAT.
• Monthly tracking of insured reimbursement claims with respective underwriters for payment.
• Medical call center management of providers preauthorization, members enquiries and emergency evacuation for medical scheme members.
• Preparation of utilization reports and other reports as required by member / clients.
• Reconciliation of reimbursement claims and ensuring all the claims are paid within the agreed TAT.
• Monthly reconciliation and sign off of healthcare providers accounts including visits to providers to sort out contagious bills/issues.
• Updating staff medical statements and ensuring all utilizations are captured on a timely basis.
• Professional assistance to scheme members with chronic ailments and facilitating follow up with specialists’ clinics including facilitation to overseas treatment.
• Hospital visits for scheme members and preparation of members’ admission reports and update to schemes administrators.
• Ensure that all medical related customer queries, problems, and complaints are fully resolved within the set guidelines and TAT.

The Person

For the above position, the successful applicant should have the following:

• A bachelor’s degree in nursing 
• At least 2 years experience in Care Management in a Medical Insurance setting