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Head, Custody Services At Kcb Bank Kenya

Nexus Staffing Solutions

Banking / Financial Services full time Nairobi Posted 21 hours ago

Kenya Commercial Bank Limited is registered as a non-operating holding company which started operations as a licensed banking institution with effect from January 1, 2016. The holding company oversees KCB Kenya - incorporated with effect from January 1, 2016 - and all KCB's regional units in Uganda, Tanzania, Rwanda, Burundi, Ethiopia and South Sudan. It also owns KCB Insurance Agency, KCB Capital, KCB Foundation and all associate companies. The holding company was set up to among other things to enhance the Group's capacity to access unrestricted capital and also enable investment in new ventures outside banking regulations, achieve operational and strategic autonomy for the Group's operating entities and enhance corporate governance across the Group and oversight in management of subsidiaries.KEY RESPONSIBILITIES Develop & execute the business strategy to achieve the unit’s targets & profitability  Ensure for delivery of seamless customer service through maintenance of high service standards Manage & strengthen Relationship Management and partnerships for the Custody Services business (customers, fund managers, brokers, regulators, administrators, stakeholders) Enforce robust risk excellence and compliance requirements (regulatory, audit, internal controls) Drive growth of market share, while retaining existing client base.  Lead, direct and develop a highly performing and motivated team  Oversee budget control and effective cost management  Ensure compliance with RBA, CMA, CBK, CDSC regulations with respect to provision of Custody Services.  Develop and lead KCB’s Facility agency business with respect to loan syndications, bond issues and other similar or related capital markets transactions in line with international industry standards DAILY RESPONSIBILITIES Oversee adherence to high operational standards and procedures  Ensure all regulatory returns are accurately compiled and submitted within the stipulated timelines Ensure investment transactions are processed within the market timelines and SLAs Oversee the preparation of reports to custody services clients within the stipulated timelines Ensure appropriate representation and participation of KCB in Client Board Meetings and Annual General Meetings    Provide guidance on best practices to the Custody Services Units in the Subsidiaries. Job Requirements Bachelors Degree  CISI -completed Level 3 Trustee Development Program of Kenya (TDPK Detail     Minimum No of Years Experience Area 1 (Banking Operations & Banking Operating Systems)     5 Experience Area 2 (Capital & Money Markets instruments and transactions)     5 Experience Area 3 (Managing teams)     5 Experience Area 4 (knowledge of the Custody environment)     5 Experience Area 5 (Relationship Management)     5