• Senior Management Position at I & M Bank

  • Posted on: 12 January, 2017 Deadline: Not Specified
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    I&M Bank is a wholly owned subsidiary of I&M Holdings Limited, a publicly quoted company at the Nairobi Securities Exchange (NSE). The bank possesses a rich heritage in banking. Started in 1974, it evolved from a community financial institution to a publicly listed major regional commercial bank offering a full range of corporate and retail banking services, 35 branches in Kenya and international operations in 3 other countries. I&M Bank is a dominant player in the Kenyan market that has been consistently growing, and is innovative in terms of the type and range of products and services it offers. CDC Group plc, a development finance institution wholly owned by the government of the United Kingdom owns approximately 10.68% of I&M Holdings, the holding company of I&M Bank Ltd. In addition, I&M Bank has a technical support agreement with International Finance Corporation for staff training, product development and risk management. I&M Bank also enjoys medium term foreign currency credit facilities from European Development Financial Institutions - Proparco, DEG and FMO. I&M Bank’s international correspondent banks include major multinational banks such as Bank One Ltd, Citibank NA, CommerzBank AG, Deutsche Bank AG, ICICI Limited Mumbai, Mashreq Bank PLC, Standard Bank of South Africa and Standard Chartered Bank NY. I&M Bank’s international network includes Bank One Limited (Mauritius), I&M Bank Tanzania Limited and I&M Bank Rwanda Specialties Banking Services, Commercial Banking, Asset Finance, Mobile Banking, Internet Banking, Investment Management Services, Diaspora Banking, Credit / Debit / Prepaid cards, Wealth Management

    Senior Manager – Strategy & Transformation


    Job Summary:

    The job holder will be responsible for assisting the Bank in its strategy development and transformation process as well as monitoring and supporting strategy implementation including but not limited to efficient coordination of initiatives across the bank and performance management of implementation.

    Key responsibilities:

    The Incumbent will report to the General Manager – Strategy & Transformation  and will be responsible for:

    • Liaising with various stakeholders and work streams and ensuring execution of deliverables in line with agreed roadmap for the 5 years strategic implementation activities
    • Understanding critical dependencies across initiatives and mobilizing relevant process  owners
    • Translating initiatives , work streams and milestones into project plans which ensures successful project completion
    • Assisting in setting target metrics / KPIs for work streams and tracking targets set
    • Monitoring and tracking of initiatives and reporting deviations and suggesting remedial actions
    • Assisting  in review of Business plans for initiatives prior to senior management sign off
    • Coordinating with external consultants engaged in the strategy formulation / implementation
    • Bank-wide communication of weekly/monthly developments on 5 year strategic plan
    • Communicating project information to stakeholders and other interested parties
    • Preparation of periodic reports for various governance forums on progress of transformation
    • Deputizing for head of function and attending work stream meetings to support initiative owners in transformation

    Qualifications and Competencies:

    • Bachelor’s degree in Business Administration or its equivalent from a recognized institution. Master’s degree in Business Administration or its equivalent from a recognized institution will be an added advantage
    • Project Management (Desirable)
    • A minimum of 7 years overall banking experience 3 of which should have been at managerial level.
    • Ability to project manage complex and multifaceted strategic projects
    • Ability to understand and translate strategy into action
    • Effective communicator
    • Excellent negotiation and influencing skills
    • Good relationship management skills
    • Good interpretation and decision making ability
    • Good people management skill
    • Strong analytical and numerical skills
    • Ability to work independently/self-driven
    • Good knowledge of Microsoft Excel and other project management applications is desirable
    • Strong planning, coordination and time management skills

    Method of Application

    Interested and qualified? Go to I&M Bank career website on www.imbank.com to apply

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