Head, Funding & Liquidity Management at KCB Bank Kenya

KEY RESPONSIBILITIES:

• Overseeing implementation of Group Funding and Liquidity Management policy across Group entities, serving as an expert to Group entities on funding and liquidity optimization.
• Develop funding plan models for managing funding positions and liquidity requirements for all KCB subsidiaries aligning subsidiaries’ funding and liquidity strategies to overall Group strategic priorities. 
• Assess and implement solutions to optimize liquidity management, liquidity risk positions and funding plans of all subsidiary banking entities while providing a proactive view of potential funding risks and funding support required across the KCB group.
• Be the primary contact for cross-organizational interactions amongst Group entities on liquidity requirements, whilst leading senior relationships with Group enterprise risk management function on liquidity management. 
• Lead the design and building of operational analytical infrastructure needed to comply with liquidity requirements as per Group policy and regulatory requirements.
• Determine target liquidity appetite (cash balances) for all subsidiaries, ensuring a balance between income generation and liquidity requirements.
• Determine funding strategies and funding targets that should be considered and implemented to enhance Primacy and optimize funding costs.
• Lead FLM engagements with in-country Treasuries advising on strategic planning requirements; determining the foreign currency funding support required by KCB Group entities and preparing updates to the group ALCO and the Board as part of the integrated planning process.
• Develop and implement liquidity stress test frameworks and monitor movements in funding and liquidity risk positions across KCB subsidiaries every month.
• Determine foreign currency requirements from other Group subsidiaries and work with other Treasury functions to solution for these requirements.. 
• Overseeing security lending and commercial paper programs across all Subsidiaries, as well as collaborating with in-country treasury teams on overall funding agreement program management.
• Lead the engagement with Group Trading and Sales ensuring funding limits and exposures are effectively implemented and monitored, in support of Business growth and compliance with Board-level liquidity requirements.
• Review funding applications from Subsidiaries and lead all funding negotiations with potential liquidity solution banks.
• Responsible for management of relationships with funding solutions providers as the primary contact for the Group with these entities. 
• Oversee the execution of all FLM related requirements such as contingency planning, regulator requirements and ALCO requirements across all subsidiaries
• Support Entity Treasuries with Internal Liquidity Adequacy Assessment Plan (ILAAP) submissions (where necessary) to regulators and support drafting and governance of Group ILAAP requirements (where necessary). 
• Responsible for setting and implementation of the KCB Group Asset and Liability Management process guidelines to for all the subsidiary Treasuries. 
• Measurement, analysis and interpretation of interest rate risk in the banking book
• Develop and monitor implementation of guidelines for all structural analysis and adjustment of all balance sheet items while ensuring that all behavioural assumptions (including pre-payment assumptions) are in line with KCB Group Treasury guidelines.
• Responsible for Group ALM system development and steer ALM development and training across KCB group. 
• Responsible for group Funds Transfer Pricing model development and steering FTP rollout and training across KCB group.

MINIMUM POSITION QUALIFICATION REQUIREMENTS

Academic & Professional
Education

• Bachelor’s Degree    
• University Degree in Actuarial Science, Accounting, Business Administration, Statistics, Economics, Mathematics or any other relevant field RQ
• Masters Degree    Any relevant area    AA
• Postgraduate qualifications/Professional Certifications    
• ACI Dealing Certificate

Experience

Total Minimum No of Years Experience Required

6 years 

Detail    Minimum No of Years    Need Type[2]

• Banking liquidity management    6    ES
• Funds Transfer Price Modelling    5    ES
• Balance sheet and funding management    5    ES
• Stakeholder management    5    ES
• FLM/ALM    3    ES
• Banking Finance    3    ES
• Senior Management Reporting    4    ES
• People Management    3    ES
• Risk Management    3    DE