Vacancies at Agricultural Finance Corporation (AFC)

The job holder will be responsible for the overall management of the Corporation’s Strategy,Business Development, and reports to the Managing Director. She/He will be charged with the following responsibilities: -

Responsibilities

• Driving organizational vision and operational strategy;
• Develop short-term and long-term growth strategies and plans;
• Translate strategy into actionable goals for performance and growth;
• Develop business proposals for funding, partnerships and Technical assistance;
• Identifying and mapping business strengths and customer needs;
• Research on new business opportunities and viable income streams;
• Designs and implements business development strategies aimed at boosting the Corporation’s business volume and securing its position as the financial institution of choice for the development of the agricultural sector in Kenya;
• Oversees the marketing and resource mobilization functions;
• Works closely with the Government Departments, development partners and other stakeholders with a view to promoting AFC as the best institution for partnership in rural agricultural finance;
• Interfaces with other institutions in the country to develop business partnerships;
• Fosters a comprehensive understanding of the market needs and informs product development and pricing strategies;
• Oversees research and development of new products in consultation with other departments;
• Conducts surveys for business projects or development impact of the Corporation’s services;

Required Qualifications and experience

• Master’s degree in any of the following; Economics, Commerce, Statistics, Agriculture, Management or equivalent from a recognized institution;
• Bachelor’s degree in any of the following; Economics, Commerce, Statistics, Agriculture, Management or equivalent from a recognized institution;
• Advanced Management Course;
• Membership to a relevant professional Body;
• At least ten years’ (10) experience in a senior position in a business oriented organization, preferably a development financial institution.

Key competencies and other skills

• Strategic thinking;
• Possess high levels of integrity, ethical standards, and professionalism;
• Negotiation skills;
• Analytical skills;
• Emotional intelligence.
• Independence and objectivity 

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Reporting to the Chief Manager, Human Capital and Administration Officer, the incumbent will manage the human resources division and implement human resources policies and procedures to ensure the Corporation is resourced with professional, competent, and motivated workforce to deliver the Corporation’s strategic objectives.

Job Details
Responsibilities

• Review and recommend for approval updated human resource policies and procedures in compliance with the applicable legislative framework and best practice.
• Manage the recruitment and selection process to ensure that the Corporation is adequately resourced with the right caliber of staff.
• Supervise the monthly processing of the Corporation’s payroll and ensure timely remittance of related statutory deductions in line with approved budgets.
• Supervise the administration of the AFC Retirement Benefits Scheme and act as the Secretary to the Board of Trustees in line with the RBA regulations and the Trust Deed.
• Manage the employee industrial relations for the Corporation in liaison with the Chief Human Resources and Administration Officer to ensure employee and industrial harmony in the workplace.
• Coordinate preparation of the Human Resource Division budget.
• Manage the staff disciplinary process and act as Secretary to the Disciplinary Committee in line with the Corporation’s disciplinary policy.
• Coordinate timely implementation of all HR projects to ensure that project objectives are fully met.
• Supervise the administration of staff benefits such as medical scheme and leave benefits in line with the set policy.
• Manage the staff welfare programs at AFC in line with the policy.
• Supervise the administration of Insurance for staff and assets to ensure that adequate covers are obtained.
• Ensure the division is adequately resourced by professional and competent staff including completing performance appraisals, personal development and succession plans effectively and foster a culture in which staff feel supported to deliver exceptional results; and
• Any other relevant work that may be assigned to the job holder from time to time.

Required Qualifications and experience.

• Master’s Degree in any of the following: Human Resource, Business Administration or equivalent from a recognized institution.
• Bachelor’s degree in any of the following: Human Resources, Business Administration or equivalent from a recognized institution.
• Diploma in Human Resource Management from a recognized institution.
• At least six (6) years’ experience in human resource management.
• Demonstrate ability to drive organizational values through implementation of appropriate and diligent human resource management policies.
• Must be a registered member of the Institute of Human Resource Management with a practicing certificate (IHRM).
• Relevant Computer Application Qualification.

Key competencies and other skills

• Strategic thinking.
• Possess high levels of integrity, ethical standards, and professionalism.
• Negotiation skills.
• Analytical skills;
• Emotional intelligence;
• Independence and objectivity

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Job Summary:

The Head of Audit & Quality Assurance supports the leadership of the internal audit function of Agricultural Finance Corporation. This role involves assisting in the development and execution of audit strategies, ensuring compliance with regulatory standards, and contributing to the continuous improvement of operational processes.

Key Responsibilities:
 Audit Strategy and Planning:

•  Collaborate in the development and execution of a risk-based audit strategy aligned with institutional goals and regulatory requirements.
•  Contribute to the planning and coordination of audit activities to ensure comprehensive coverage of relevant areas.

Quality Assurance Oversight:

•  Maintain a robust quality assurance program for internal audit activities.
•  Participate in periodic reviews of audit processes, methodologies, and reports to ensure adherence to professional standards.

Team Leadership Support:

•  Provide support to the Chief Audit & Quality Assurance Officer in leading and managing the internal audit team.
•  Foster a culture of excellence, continuous learning, and professional development within the audit team.

Regulatory Compliance:

•  Stay informed on relevant laws, regulations, and industry standards.
•  Support efforts to ensure that audit activities and reports comply with all regulatory requirements.

Risk Management:

•  Identify and assess risks associated with institutional operations.
•  Contribute to the development of risk-based audit plans and methodologies to address key areas of concern.

 Audit Execution:

•  Collaborate in overseeing the execution of internal audits, ensuring thorough and objective evaluations.
•  Contribute to the review and assessment of the effectiveness of internal controls, risk management processes, and governance structures.

Stakeholder Communication:

•  Communicate audit findings, recommendations, and risk assessments to senior management and relevant stakeholders.
•  Provide insights and recommendations to enhance operational efficiency and compliance.

Continuous Improvement:

•  Contribute to initiatives for continuous improvement in internal audit processes.
•  Implement best practices and leveraging technology to enhance the efficiency and effectiveness of audit activities.

Collaboration:

•  Collaborate with external auditors and regulatory bodies as necessary.
•  Work closely with other departments to ensure a coordinated and integrated approach to risk management and internal controls.

Qualifications and Skills:

•  Bachelor’s degree in accounting, Finance, or related field.
•  Master’s Degree in the related field.
•  Professional certification CPAK and a member to professional body in good standing.
•  CIA (Certified Internal Auditor) or equivalent is preferred.
•  6 years’ experience in internal audit, risk management, or a related field within the financial industry.
•  In-depth knowledge of internal audit methodologies, regulatory requirements, and industry best practices.
•  Leadership skills with the ability to support and collaborate effectively with a team of audit professionals.
•  Senior Management Course
•  Excellent communication and presentation skills.
•  Analytical mindset and a strong understanding of risk management principles.
•  Ability to maintain independence and objectivity while contributing to a positive working environment.
•  Familiarity with audit management software and tools.

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Job Summary:

The Information Systems Auditor is responsible for evaluating the effectiveness of Agricultural Finance Corporation information systems, internal controls, and risk management processes. This includes assessing the security of data, evaluating IT infrastructure, and ensuring compliance with industry regulations and standards.

Key Responsibilities:
Audit Planning and Execution:

•  Develop and execute risk-based audit plans for information systems, ensuring coverage of critical areas.
•  Conduct thorough assessments of IT systems, applications, and infrastructure to identify potential risks and vulnerabilities.

Information Security Assessment:

•  Evaluate the effectiveness of information security controls and measures in place.
•  Conduct penetration testing and vulnerability assessments to identify and address security weaknesses.

Compliance Management:

•  Ensure compliance with relevant laws, regulations, and industry standards.
•  Keep abreast of changes in regulations and update audit procedures accordingly.

Internal Control Evaluation:

•  Assess the design and effectiveness of internal controls related to information systems.
•  Identify weaknesses in controls and recommend improvements to enhance the security posture.

 IT Governance and Policy Compliance:

•  Evaluate the effectiveness of IT governance structures and processes.
•  Review and assess adherence to IT policies, procedures, and standards.

Incident Response and Recovery:

•  Develop and test incident response plans to ensure the Corporation’s ability to respond to and recover from cybersecurity incidents.
•  Provide guidance on incident response procedures and coordinate with relevant teams.

Audit Reporting:

•  Prepare comprehensive audit reports detailing findings, recommendations, and action plans.
•  Communicate audit results to senior management and stakeholders.

Collaboration and Training:

•  Collaborate with IT and business units to implement audit recommendations.
•  Provide training and awareness programs on information security best practices.

Qualifications and Skills:

•  Bachelor’s degree in information systems, Computer Science, or related field.
•  A master’s degree in the above field will be an added advantage.
•  CISA (Certified Information Systems Auditor) is essential requirement
•  Professional certification such as CPAK is an added advantage.
•  5 years’ experience in information systems auditing, preferably in the financial industry.
•  Strong understanding of information security principles, risk management, and IT governance.
•  Knowledge of regulatory requirements and standards applicable to financial institutions.
•  Excellent analytical, communication, and interpersonal skills.
•  Ability to work independently and collaboratively with cross-functional teams