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Job Summary
Reporting to the Senior Officer – Resolution, the incumbent will provide support to the divisional head in the Resolution Function to enhance depositors’ confidence through prompt and efficient resolution of troubled institutions.
Responsibilities
The essential duties and responsibilities include but not limited to:
- Tracing, preserving and realizing assets of the institutions at the best market value for the benefit of depositors and creditors.
- Reviewing loan files for purposes of resolving cases
- Undertaking negotiations to resolve debts for Debt Negotiation and Asset Realization Committee (DNARC) decision
- Preparing investments profiles and schedules to Investment Committee
- Implementing Board decisions and Audit recommendations
- Collating and submitting debtors profile to Credit Reference Bureaus (CRB) in accordance with the law
- Preparing depositors payoff/reimbursements
- Preparing and paying dividends to depositors, creditors and other service providers
- Realizing of securities for the institutions
- Preparing for cases and attendance of court sessions
- Providing Custodian Services for securities and other assets
- Filling of statutory returns with the Registrar of Companies
- Preparing of financial management reports
- Preparing and implementing the winding up process of institutions
Qualifications
- Four (4) years’ work experience;
- Bachelor’s degree in any of the following disciplines: Commerce, Finance, Economics, Business Administration or its relevant qualification from a recognized institution;
- Certificate in a relevant professional field;
- Proficiency in computer applications;
- Shown merit and ability as reflected in work performance and results.
Key Competencies, Knowledge and Personal Attributes
- IT skills
- Negotiation skills
- Professional ethics e.g. confidentiality Planning and coordination
- Organizational skills
Compliance With Chapter Six (6) Of The Constitution Of Kenya
Applicants are required to immediately initiate self-clearance (Comply with Chapter 6 of the Constitution of Kenya) from: –
- Kenya Revenue Authority (Tax Compliance Certificate)
- Ethics and Anti-Corruption Commission
- Department of Criminal Investigation (Certificate of Good Conduct)
- Higher Education Loans Board
- A Credit Reference Bureau
Please bring the receipts or evidence of the above self-clearance effort to Manpower Services if invited for the preliminary interview. Do not wait to be invited by Manpower Services for you to commence clearance of Chapter 6 requirements
go to method of application »
Job Summary
Reporting to the Manager, Resolution the incumbent will provide support to the divisional head in providing Strategic leadership of the Resolution Function to enhance depositors’ confidence through prompt and efficient resolution of troubled institutions.
Responsibilities
The essential duties and responsibilities include but not limited to:
- Participating in the provision of accurate data to facilitate debt recovery, debt collection and dividend payment and eventual winding up of institutions in liquidation
- Producing bi-monthly investment schedules for institutions in liquidation
- participating in the preparing loan status reports
- Assisting in the preparation of monthly management accounts and bi- annual and annual liquidation reports, correspondences to auctioneers, advocates, investigators
- Participating in the review debtors loan files and write profiles for presentation to DNARC, and update CRB reports
- Authorizing investment applications
- Assisting in the implementation of audit recommendations
- Participating in the preparation of winding up checklist documentation
- Key holding for securities safe and retrieving and release of securities
- Approving electronic payments
- Reconciling Quarterly CDS
Qualifications
- Six (6) years’ work experience;
- Bachelor’s degree in any of the following disciplines: Commerce, Finance, Economics, Business Administration or its relevant qualification from a recognized institution;
- Master’s degree in any of the following disciplines: Commerce, Finance, Economics, Business Administration or its relevant qualification from a recognized institution;
- Professional qualification;
- Membership with a professional body;
- Proficiency in computer applications;
- Certificate in Management Course lasting not less four (4) weeks and
- Demonstrated merit and ability as reflected in work performance and results.
Key Competencies, Knowledge and Personal Attributes
- Report-Writing
- Book Keeping
- Basic understanding of Liquidations
- Communication Skills
- Attention to detail
- Planning & coordination
- Accountability
- Professional ethic e.g. Confidentiality, Integrity, Trust,
- Team player
- Results-orientation
Compliance With Chapter Six (6) Of The Constitution Of Kenya
Applicants are required to immediately initiate self-clearance (Comply with Chapter 6 of the Constitution of Kenya) from: –
- Kenya Revenue Authority (Tax Compliance Certificate)
- Ethics and Anti-Corruption Commission
- Department of Criminal Investigation (Certificate of Good Conduct)
- Higher Education Loans Board
- A Credit Reference Bureau
Please bring the receipts or evidence of the above self-clearance effort to Manpower Services if invited for the preliminary interview. Do not wait to be invited by Manpower Services for you to commence clearance of Chapter 6 requirements
go to method of application »
Job Summary
Reporting to the General Manager, Resolution the incumbent will provide support to the divisional head in providing Strategic leadership, operational effectiveness and efficiency of the Resolution Function to enhance depositors’ confidence through prompt and efficient resolution of troubled institutions.
Responsibilities
- Participating in the formulation of strategy for liquidation of institutions;
- Providing leadership and supervision for effective and efficient liquidation and winding up of institutions;
- Ensuring custody and control of all the institutions’ (Institutions in receivership / liquidation) assets;
- Tracing, preserving and realizing assets;
- Supervising timely filing of statutory returns;
- Updating and maintaining all relevant accounting records;
- Preparing Board papers
- Supervising the implementation of the institutions’ (Institutions in receivership / liquidation) budget and cost controls;
- Receiving, verifying and accepting creditors’ claims and pay dividends as and when funds are available;
- Investing institutions’ surplus funds as per investment policy
- Reviewing and presenting cases for consideration by DNARC and the Board;
- Authorizing payments for institutions in liquidation;
- Supervising the implementation of Board policies;
- Liaising with and responding to queries raised by auditors;
- Engaging debtors in debt negotiation;
- Preparing for court and attending court as witness for the institutions in liquidation;
- Custodian of Institutions’ assets
- Supervising the successful implementation of Performance Management System;
Qualifications
- Six (6) years’ work experience with at least three (3) years in management;
- Bachelor’s degree in any of the following disciplines: Commerce, Finance, Economics, Business Administration or relevant qualification from a recognized institution;
- Master’s degree in any of the following disciplines: Commerce, Finance; Economics, Business Administration or relevant qualification from a recognized institution;
- Certificate in Management Course from a recognized institution
- Membership to a relevant professional body;
Key Competencies, Knowledge and Personal Attributes
- Proficiency in computer applications
- Negotiation skills
- Communication skills
- Leadership Skills
- Management skills
- Presentation skills
- Analytical skills
- Decision making skills
- Report writing skills
- Budgeting skills
- Demonstrated merit and ability as reflected in work performance and results
Compliance With Chapter Six (6) Of The Constitution Of Kenya
Applicants are required to immediately initiate self-clearance (Comply with Chapter 6 of the Constitution of Kenya) from: –
- Kenya Revenue Authority (Tax Compliance Certificate)
- Ethics and Anti-Corruption Commission
- Department of Criminal Investigation (Certificate of Good Conduct)
- Higher Education Loans Board
- A Credit Reference Bureau
Please bring the receipts or evidence of the above self-clearance effort to Manpower Services if invited for the preliminary interview. Do not wait to be invited by Manpower Services for you to commence clearance of Chapter 6 requirements
Method of Application
If you meet the requirements as stipulated above, please email your application letter accompanied with a detailed CV and application clearly indicating your current position, current/past and expected remuneration (monthly salary and allowances) to the following email address: recruit@manpowerservicesgroup.com on or before close of business on Friday, 5th July, 2019.
Our client is an equal opportunity employer. Canvassing in any way will lead to automatic disqualification. Persons living with disabilities are encouraged to apply.
Only shortlisted candidates will be contacted.
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