Career Opportunities at National Bank of Kenya - 4 Positions

(Job Ref No.HR/048/17)

The successful candidate will be responsible for creating and managing investment allocations for client’s institutional or corporate investors in line with Retirement Benefits Authority (RBA) &Capital Markets Authority (CMA)Guidelines so as to achieve the client’s investment objectives.

Portfolio Manager Job Responsibilities

• Participate actively in the development and implementation of investment strategies, including overall asset allocation decisions and underlying investment selection in coordination with the investment committee and in line with the Fund’s investment policy
• Ensure Investment Committee recommendations are promptly executed in line with RBA and the Investment Policy Statement (IPS)limits
• Report to the Trustees on the fund’s performance, key transactions undertaken during the reporting period as well as proposed strategy for the coming period
• Sell Nat bank Trustee & Investment Company products which include Retirement Schemes’ Management, wealth management, and retail investment.
• Oversee proper cash management as per set guidelines by ensuring cash is swept within two days and the funds availed for payments within 7 days
• Proactively search for new investment opportunities and submit proposals on their suitability to the Board of Trustees
• Rebalance the client portfolios to align them to IPS at least once monthly.
• As a member of the Investment Committee, thoroughly analyze the assumptions for valuation models and critically interrogate the recommendations made by the Research Team
• Continually advise Management on new products and improvements that can grow the funds under management
• Work with other specialist investment consultants including offshore partners and property agents so as to maximize Scheme’s returns
• Effectively communicate the Banks investment process, overall economic and investment outlook for client meetings and internal and external communication
• Attend the Quarterly Board of Trustees meeting and present the Investment Management
• Quarterly report, the economic commentary and the strategies for the next quarter
• Liaise with the client in all matters pertaining to the retirement fund including payments and with external consultants appointed by the scheme e.g. auditors, Administrators, Custodians & Actuaries
• Continually Train Trustees on new Market Developments including changes in legislation and new products e.g. Real Estate Investment Trusts (REITS) And Derivatives

Qualifications for the Portfolio Manager Job

• Bachelor of Commerce Finance Option/ Degree in Actuarial Science, Statistics, or any other Finance related course
• MBA or Msc. in Finance will an added advantage
• At least five (5) years experience in a busy Investment Management or Insurance firm
• Experience in Pension fund management industry will be an added advantage
• Experience in Marketing & Business Development
• Proficiency in computer applications
• Demonstrated knowledge of Financial markets
• Good knowledge of CMA and RBA regulations
• Chartered Financial Analyst (CFA) qualification, level 1
• Institute of Chartered Investment Financial Analyst (ICIFA) practising member
• Chartered Institute of Securities & Investment (CISI) stage one certification
• Strong analytical skills
• Client relationship management skills
• Excellent written and oral communication skills

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(Job Ref No. HR/44/2017)

The successful candidate will be responsible for managing the Card Operations Unit by providing leadership, administration, governance, performance & productivity management.

The role holder will manage the daily activities and any assigned projects related to the unit as well as implement card operations policies and procedures while recommending changes to increase efficiency.

Manager Card Operations Job Responsibilities

• Leadership and team management to ensure accurate and timely execution of all transactions including management of the card production process, card transactions clearing, Inter affiliate settlement such as VISA, Pesa Point, Post Bank and others that may be assigned, Dispute management and resolution to meet the unit’s objectives.
• Provide Leadership in Risk control for the unit by implementing and ensuring there is adequate controls framework e.g. maker, checker, Financial, process and access controls, compliance to various standards e.g. CBK Prudential guidelines.
• Ensure Tranzware card system Trial balance is duly reconciled and Reported in General ledger in the BFUB system
• Manage the end to end card production process which involves the delivery of the card to the customer within existing SLA
• Manage all disputed cases to ensure that they are investigated, tracked and resolved within acceptable time frame
• Manage communications related to the unit between internal, third party and external parties on issues raised within SLA to ensure seamless operation.
• Leads in the implementation of system changes to support new products, ensures system integrity and recommends changes to more efficiently and effectively support services offered. This is to be executed within the Project plan and budget for resource not limited to time and staffing.
• Daily submission of unit dashboards, books of accounts and reconciliation reports.
• Monthly submission of statutory reports to CBK, Finance Department, Quarterly reporting to VISA and Human resource on staff performance among others
• Provide support to stakeholders in regards to Assurance reports or submissions from the Department e.g. Audit and Risk Units
• Ensure an up to date alignment with the regulations that may be affecting the unit from stakeholders such as Visa among others and communication of the same with the relevant internal stakeholders.
• Management of operating and capital expenses within the budget and preparation of reports for management review.
• Build constructive and effective relationships within the team to support a collaborative working environment.
• Training and coaching the team on various key task relating to the duties assigned

Requirements for the Manager Card Operations Job

• A minimum of a Bachelor’s degree in Business or Information Technology related field
• Any Banking qualification / Business related professional qualification
• Professional Accounting qualification -ACCA or CPA
• At least five (5) years experience in Banking, two (2) of which should be in a supervisory role
• Two (2) years’ experience in card business or any other relevant experience
• Risk assessment and management
• Presentation, influencing and negotiating Communication
• Knowledge in six sigma or other processing leaning methodologies
• Visa Related Training and certifications
• Knowledge in Card Operations activities and related risk
• A good Knowledge of Banking laws and regulations
• Ability to drive change
• Analytical -highly analytical and ability to challenge status quo based on quantitative facts and impacts.
• Report writing-ability to develop reports & cost benefit analysis know how
• Managing relationships, Meeting customer needs and Stakeholder Management
• Personal organization, Decisiveness, Entrepreneurial mindset

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Job Ref no. HR/045/2017

The successful candidate will be responsible for issuing Debit and Prepaid Cards as per the budget allocation while ensuring that the card products are competitive, profitable and functioning in line with customer value proposition. He / she will be required to manage third party relationships e.g. vendors, Visa etc through tracking card products and processes.

Prepaid & Debit Cards Manager Job Responsibilities

• Develop new products, drive card acquisition and marketing plans in line with the card business strategy.
• Optimally drive growth in new card customer acquisition and usage.
• Define, plan & execute card product enhancements to promote issuance and usage.
• Engage key retailers and strategic partners to drive Debit and Prepaid sales as well as card utilization through their outlets.
• Oversee relationship management of high net worth card customers, institutions and third parties involved in offering the card product to the customer.
• Manage card product sales presentations and trainings within and without the bank.
• Develop and agree on key KPIs for each card product, measure result against KPI and develop action plans to address shortfalls.
• Manage projects on the roll out of new Debit and Prepaid card products.

Requirements for the Prepaid & Debit Cards Manager Job

• Undergraduate degree from a recognized University.
• MBA will be an added advantage
• 5 years banking experience of which 2 must have been in a supervisory role.
• Minimum 3 years experience in specific industry expertise in payments, cards and/or card loyalty, both operationally and strategically
• Must have thorough knowledge of payments, the payments industry and related technologies
• Demonstrate hands on experience on card product development.
• Strong background in product development and roll out, partner relations and change management.
• Excellent communication skills, interpersonal and team management skills.
• A good comprehension of the Card’s Regulations from a local and international standpoint.
• A thorough knowledge of Small Medium Enterprise (SME) Products, Retail Banking products and services, and extensive Banking Industry knowledge.

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(Job Ref No.HR/047/17)

The successful candidate will be responsible for creating model portfolios, providing financial advice and support to the Portfolio Management team and the Investment Committee.

Investment Analyst Job Responsibilities

• Conduct macroeconomic, industry and company research and analysis as well as identify new asset allocation and securities.
• Develop company valuations and financial models to be used in decision making by the portfolio management team.
• Identify attractive investment opportunities for the Bank In order to diversify the portfolio.
• Develop transaction marketing materials including selling memoranda, road show presentations and pitch books with the aim of capturing the intended market i.e. pension schemes and high network clients.
• Act as a point of contact throughout the transaction process to ensure effective and smooth operations.
• Develop varied industry and transaction expertise, and stay current on industry trends and developments
• Understand the underlying trends that affect the equity and fixed income capital markets e.g. inflation, relevant legislations, profitability of companies etc.
• Obtain a clear and wide understanding of the interests and investment criteria of private equity firms, and the factors that guide their decisions

Requirements for the Investment Analyst Job

• Bachelor of Commerce -Finance Option/ Degree in Actuarial Science, Statistics, or any other Finance related course
• Msc in Finance and Experience in Pension fund management industry will be an added advantage
• At least one (1) year experience in a busy Investment Management firm
• Proficient in computer applications, especially Excel
• Chartered Financial Analyst (CFA)level 2 qualification
• Institute of Chartered Investment Financial Analysts (ICIFA ) practising member
• Registered with Chartered Institute of Securities & Investment (CISI)
• Financial Modelling certificate with demonstrated experience in creating Financial Models
• Excellent research skills
• Strong analytical & problem solving skills
• Good writing, communication & interpersonal skills