Vacancies at Public Service Superannuation Fund

 Job Specifications
Duties and responsibilities at this level will entail;

• Formulating and implementing of leading investment management strategies for the Fund;
• Developing policy guidelines on all matters related to management of the Funds’ properties;
• Developing a robust investment policy statement for the Fund in line with corporate objectives;
• Developing and maintaining strategic relationships with key stakeholders;
• Monitoring performance of the Fund’s assets and liabilities;
• Carrying out feasibility analyses on viable investment opportunities;
• Analyzing the Funds’ financial performance in comparison with the industry trends, identifying and managing risks including stress tests and scenario analyses;i
• Determine investment goals and strategies in consultation with Fund managers;
• Monitoring and evaluating the Performance of the Fund Managers for effective decision making;
• Conducting feasibility studies and making recommendations on the development concepts, land acquisitions, preliminary programs and budgets;
• Overseeing ongoing projects including reviewing progress with contractors, consultants and project managers;
• Ensuring Compliance with regulations including timely payments of statutory fees; and
• Ensuring the Fund’s properties are maintained at the highest habitable state;

Requirements for Appointment

For appointment to this grade, an officer must have:

• Served for a cumulative service period of fifteen (15) years, five (5) of which must be at senior management level or a comparable position;
• Bachelor’s Degree in any of the following fields: - Finance, Economics, Investment, or related field from a recognized institution;
• Master’s degree in any relevant field from a recognized Institution
• Membership to a relevant professional body in good standing; eg CIFA, CFA or relevant professional body
• Practicing Certificate where applicable;
• Proficiency in computer applications;
• Fulfilled requirements of Chapter 6 of the Constitution; and
• Shown merit and ability as reflected in work performance and results.

Other Requirements.

• Qualified candidates will be required to satisfy or having initiated the process of complying with the requirements of Chapter Six (6) of the Constitution of Kenya 2010:
• Clearance Certificate from Higher Education Loans Board (HELB);
• Certificate of good conduct from Director Criminal Investigation (DCI)
• Tax Compliance Certificate from Kenya Revenue Authority (KRA); • Clearance from Ethics and Anti-Corruption Commission (EACC); and,
• Report from an approved Credit Reference Bureau (CRB).

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Duties and Responsibilities

• Initiate the development of policy documents such as Investment Strategy, Investment Policy and Interest Declaration and Reserve Allocation Policy;
• Conducting actuarial valuations;
• Ensuring availability of budgets for investment purposes;
• Liaising with consultants to coordinate data collection for actuarial valuation;
• Monitoring of the performance of the portfolio, asset allocation and the compliance of the same to laws and regulations;
• Analyzing technical specifications for the procurement of investment service providers. This entails the review of contracts;
• Coordinating portfolio construction, for example, asset allocation, identification and analysis of new opportunities;
• Monitoring cash flows and coordinating the transfer of surplus funds for investment.
• Monitoring investment service providers; and
• Analyzing invoiced fees and preparing memos seeking approvals where necessary.

Requirements for Appointment

For appointment to this grade, an Officer must have:

• Served for a cumulative service period of nine (9) years, three (3) of which must be at the Grade of Senior Investment Officer, PSSF 6 or in comparable position;
• Bachelor’s Degree in any of the following fields: - Finance, Economics, Actuarial Science, Accounting or related fields from a recognized institution;
• Membership to a relevant profession and in good standing; eg CIFA, CFA or relevant professional body
• Proficiency in computer applications;
• Fulfilled requirements of Chapter 6 of the Constitution; and
• Shown merit and ability as reflected in work performance and results.

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Duties and Responsibilities

• Preparing and reviewing lease contracts and licenses for the user department;
• Reviewing court documents prepared by external lawyers;
• Monitoring legal cases being handled by external lawyers and preparing progress reports such as;
• Monitoring progress of court cases, attend court, prepare the Fund’s witnesses and attend pre-trial briefings;
• Providing recommendations to legal committee concerning out-of-court settlements;
• Reviewing transfer documents concerning title conveyance from the purchasers’ lawyer;
• Analyzing new laws and changes made and communicating the same to the concerned departments;
• Preparing legal reports and opinions on matters involving the Fund.
• Participating in preparing budget that relates with advisory services and performs same upon approval;
• Preparing legal briefs and renders legal advice and/or opinion on contract preparation/amendment, any policy & strategic issues as and when required;
• Reviewing contracts both local and international including loan, mortgage, pledge, guarantees etc. and provide warranted recommendations to protect the Fund’s interest;
• Participating in the development of standard contracts & formats used by various organs of the Fund;
• Planning and conducting research aiming at improving the provision of an efficient legal service to the Fund;
• Organizing and maintains updated rules, regulations, directives and circulars pertinent to the social security industry on the Fund’s portal;
• Participating in the dissemination of laws, rules and regulations affecting the social security sector;
• Assisting in researching on recurrent and controversial legal and practical issues affecting the social security sector and create the required awareness; and
• Checking that account opening applications of corporate bodies and others satisfy legal requirements
• Developing contract negotiation strategies and builds capacity for contract negotiation;
• Reviewing and drafting of contracts and development of standard templates for the Fund’s use;
• Developing and maintaining a comprehensive contract management database ensuring all Fund contracts are well archived and appropriately serialized;
• Maintaining a contractual risk register and developing mechanisms to identify early warning of risk to enable early interventions and mitigation;
• Monitoring legal risk to ensure that the Fund meets its statutory obligations and fulfils its strategic objectives;
• Participating in the development of records management and storage processes for all Fund title documents, legal correspondences and other critical legal documents; and
• Processing of registration of any new property acquired by the Fund.

Requirements for Appointment

For appointment to this grade, an officer must have:

• Served for a cumulative service period of six (6) years Post admission, three (3) of which must be at the Grade of Legal Officer I, PSSF Grade 7 or a comparable position;
• Bachelor’s Degree in Law or related field from a recognized institution;
• Membership to a relevant professional body and in good standing;
• Post graduate Diploma from Council for Legal Education;
• Proficiency in computer applications;
• Fulfilled requirements of Chapter 6 of the Constitution; and
• Shown merit and ability as reflected in work performance and results

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Duties and Responsibilities

• Preparing audit programs and planning memorandum for individual assignments;
• Participating in audit entry and exit discussions;
• Monitoring and reviewing the execution of individual audit assignments;
• Reviewing final audit reports and preparing the executive summary for individual audit reports;
• Preparing board papers on Internal Audit activities;
• Developing Annual Audit Plan;
• Preparing documents for use in Internal Audit and compliance committee of the Board;
• Undertaking special Audit investigations as they may be required from time to time; and
• Interpreting of Fund's policies for sound Audit planning.

Requirements for Appointment

For appointment to this grade a candidate must have:

• Served for cumulative service period of twelve (12) years, three (3) of which must be at the Grade of Principal Internal Auditor, PSSF Grade 5 or a comparable position;
• Bachelor's Degree in any of the following fields: - Finance, Economics, Statistics, Project Management, Business Administration or any other relevant qualification from a recognized institution;
• Master's Degree in Finance, Economics, Statistics, Project Management, Business Administration or any other relevant qualification from a recognized institution;
• Membership to a relevant profession and in good standing: eg CIA, CISA, ACCA, CPA (K) or its equivalent;
• Proficiency in computer applications;
• Fulfilled the requirements of Chapter 6 of the Constitution;
• Shown merit and ability as reflected in work performance and results.

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This is the entry and training level for this cadre. An officer at this level will work under the supervision of a senior officer.

Duties and Responsibilities

• Participating in the planning of publicity strategies and campaigns;
• Drafting media press releases;
• Analyzing media coverage in regards to the Fund’s targeted audience;
• Developing customized promotional messages for publicity and advertisement;
• Analyzing and monitoring customer complaints lodged externally and internally using established complaints handling feedback mechanism; and
• Developing customer strategies for handling of customer complaints effectively.

Requirements for Appointment

For appointment to this grade, an officer must have:

• Bachelor’s Degree in any of the following fields: - Communication, Public Relations, Journalism or a Degree in Social Science and a Diploma in Communication, Public Relations, Journalism or related field from a recognized institution;
• Proficiency in computer applications; and
• Fulfilled the requirements of Chapter 6 of the Constitution.