Vacancies at SBM Bank

Job Purpose

Responsible for the preparation, analysis and delivery of timely, accurate and insightful management reports and financial analysis that support effective performance monitoring, strategic planning and informed decision-making by management.

Key Responsibilities

Management Reporting — 40%

• Preparation of the management accounts in accordance with the generally accepted accounting standards (IFRS) and prudential guidelines.
• Analyse actual performance against budget, forecasts and prior periods, highlighting key variances and business drivers.
• Monitor income and expense reporting lines daily to ensure income and expenses have been correctly captured, and any mis-posts have been corrected.
• Provide comprehensive, in-depth and timely analytical support to the organization through developing financial reports and presentations.
• Review income, expenditure, balance sheet and profitability trends and provide insightful commentary.
• Assist in the preparation of Board pack, ALCO pack, EXCO Pack and ad hoc presentations/reports depending on management's needs.
• Preparation of key ratios (cost of funds, yield on assets and cost of income) and other financial ratios (gross loans to customer deposits, liquidity, non-funded to total income) and advising on the right mix.
• Prepare branch profitability reports.
• Support the budgeting, forecasting and periodic reforecasting processes.
• Ensure accuracy, completeness and integrity of management reporting information.
• Assist in the preparation of the annual financial statements.

Regulatory Reporting — 40%

• Support the preparation and submission of CBK reports.
• Support the preparation and submission of KDIC reports.
• Support the collation, validation and reconciliation of information required for CBK reporting.
• Review relevant GL balances and GL mappings to ensure consistency with management reporting.
• Assist in preparation of quarterly financial publication.

Audit Support — 20%

• Coordinate external audit activities, including provision of requested information, follow-up on audit queries and facilitating timely resolution of audit matters.
• Conduct specific financial reviews and analysis as required.
• Respond to ad hoc reporting requests while maintaining accuracy, quality and appropriate controls.

Key Relationships

Direct Reports to this Position:

• None

Customers of this Position:

• Finance Department
• Central Bank of Kenya
• Kenya Deposit Insurance Corporation
• External Auditors
• Internal Auditors
• Branches
• Chief Finance Officer
• Head of Finance

Knowledge, Skills and Experience Required for this Role

Job Knowledge

• Good knowledge and application of International Financial Reporting Standards (IFRS).
• Knowledge of financial accounting, budgeting, control, and reporting principles, methods, techniques, and standards as applied within the company's business environment.
• Good knowledge of CBK prudential guidelines.
• Proficiency in the use of personal computers and related applications such as MS Office, Advanced Excel, PowerPoint, and information systems used in financial and/or accounting applications.
• Ability to work in a highly demanding environment with time pressures and manage multiple tasks.

Experience and Education

• Minimum 5 years' working experience in Finance.
• Bachelor's degree in either Accounting, Finance or Economics from a recognized University.
• Professional qualification in CPA or ACCA.

Competencies Required for this Role

• Adhering to principles and values.
• Well organized and keen to details.
• Good communication and presentation skills.
• Good interpersonal skills, positive attitude and team player.
• Delivering results and meeting customer/stakeholder expectations.
• Discretion when dealing with confidential information.

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Job Purpose

Analysis of Commercial Banking Credit Proposals and management of the Commercial Banking Credit risks as assigned.

Key Responsibilities

Retail Approval — 80%

• Analyze loan applications and documents presented for Commercial Banking facilities and ensure compliance with the approved Product parameters, all credit policies and underwriting standards.
• Execute the credit underwriting function in line with bank credit strategy and the overall bank growth strategy by undertaking timely review of Commercial Banking applications within stipulated turnaround time while maintaining the stipulated loan portfolio migration and early vintage rates.
• Conduct World Check screening for adverse mentions and escalation of the same to Compliance Department.
• Ensure transaction monitoring is done to analyze customers’ account conduct and risk profile.
• Ensure credit risk exposures for Commercial Banking are managed within the established risk appetite and standards to protect the bank from financial loss arising from a borrower's failure to repay a loan or meet other credit obligations.
• Evaluate and understand the risks associated with individual transactions, products, securities, and the borrowers.

Asset Finance Product and Portfolio Management — 10%

• Participate in the review and assessment of the Commercial Banking Products and Portfolio.
• Review and recommend key changes and updates to the Commercial Banking Products Offering

Digitalisation and Product Enhancement — 10%

• Participate in product digitalization and system enhancement initiatives for the Commercial Banking Product Offering.
• Participate in the review of the Commercial Banking Product Manual and processes.

Knowledge, Skills, and Experience Required for this Role

• At least 4 years’ experience as a loan appraisal officer or related position.
• Excellent understanding of credit risks, financial analysis and the techniques of credit analysis.
• Good presentation and analytical skills.
• Good communication and planning skills.
• Ability to work with different stakeholders across the bank and manage key relationships.

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Job Purpose

Analysis of Asset Finance Proposals and Management of the Asset Finance Credit risks as assigned.

Key Responsibilities

Retail Approval — 80%

• Analyze loan applications and documents presented for Asset Finance facilities and ensure compliance with the approved Asset Finance Product parameters, all credit policies and underwriting standards.
• Execute the credit underwriting function in line with bank credit strategy and the overall bank growth strategy by undertaking timely review of Asset Finance applications within stipulated turnaround time while maintaining the stipulated loan portfolio migration and early vintage rates.
• Conduct World Check screening for adverse mentions and escalation of the same to Compliance Department.
• Ensure transaction monitoring is done to analyze customers’ account conduct and risk profile.
• Ensure credit risk exposures for Asset Finance are managed within the established risk appetite and standards to protect the bank from financial loss arising from a borrower's failure to repay a loan or meet other credit obligations.
• Evaluate and understand the risks associated with individual transactions, products, securities, and the borrowers.

Asset Finance Product and Portfolio Management — 10%

• Participate in the review and assessment of the Asset Finance Product and Portfolio.
• Review and recommend key changes and updates to the Asset Finance Product Offering.

Digitalisation and Product Enhancement — 10%

• Participate in product digitalization and system enhancement initiatives for the Asset Finance Product Offering.
• Participate in the review of the Asset Finance Product Manual and processes.

Knowledge, Skills, and Experience Required for this Role

• At least 4 years’ experience as a loan appraisal officer or related position.
• Demonstrated experience and knowledge of Asset Finance.
• Excellent understanding of credit risks, financial analysis and the techniques of credit analysis.
• Good presentation and analytical skills.
• Good communication and planning skills.
• Ability to work with different stakeholders across the bank and manage key relationships.