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NIC Bank Group Jobs in Kenya: Director, Technology & Operations and Director, Finance & Strategy

NIC Bank Group is currently celebrating its 50th Anniversary having been incorporated in Kenya on 29th September 1959. Since then, the Bank has grown and diversified significantly to become a fully-fledged, full service commercial bank, and with other dedicated business lines such as securities trading (NIC Securities), investment banking (NIC Capital) and Bancassurance.

The Bank has been publicly listed on the Nairobi Stock Exchange since 1971 with now over 23,000 shareholders, and is

ranked within the top ten banks in Kenya.

With regard to the footprint, the Bank has full service branches in Nairobi, Meru, Nakuru, Kisumu, Thika and Mombasa. In addition, NIC Bank Group owns a majority stake in Tanzania's Savings & Finance Commercial Bank which has branches in Mwanza, Arusha and Dar-es-Salaam.

The principal mission of NIC Bank Group is to be the leading financial services provider in its chosen target market, whilst being committed to the highest standards of service and to exceeding stakeholders' expectations.

Following the said growth and expansion of the Bank's business and operations, and in anticipation of the next strategic growth cycle, the following key career opportunities have arisen within the Group:

1. Director, Technology and Operations 

This is a senior management position in NIC Bank, reporting to the Group Managing Director.

The incumbent will lead the Bank's Information Technology, Banking Operations and Branch Network teams and provide leadership in the development of effective and efficient operations. The position will be based in Nairobi, and the successful candidate will be a member of the Bank's Executive Committee.
Key Deliverables include:

  • Development of superior operational standards
  • Management of the Bank's Information Technology platform.
  • Development and implementation of effective processes to support first class customer service.
  • Ensure that an Operational Risk Management framework is maintained that continuously supports the Bank's dynamic business environment.
  • Ensure adherence to statutory and banking legal requirements in relation to operations.
  • Management of operational costs while ensuring optimal staffing levels.
  • Effective leadership of a large multi-faceted operation, service delivery and IT team.
Qualifications and Experience
  • Hold a first degree in Economics, Business Management or Information Technology
  • A Masters degree in Business Management or related qualification will be an added advantage
  • Minimum 10 years work experience in Banking, 5 of which should be in a senior management position in banking operations.
  • Have a good understanding of banking operations including treasury operations, credit operations, trade services as well as online banking products.
  • A professional qualification in ICT will be desirable.
2. Director, Finance and Strategy

This is a senior management position in NIC Bank, reporting to the Group Managing Director. The incumbent will play a leading role in the formation and implementation of the NIC Bank Group strategy as well as providing value-adding financial management information and analysis to the Board of Directors to support decision making.

He/ she will monitor and report on the financial performance of the Bank and its subsidiaries and coordinate all the strategic and financial planning activities of the Group. The position will be based in Nairobi, and the successful candidate will be a member of the Bank's Executive Committee.
Key Deliverables include:
  • Group strategy formulation and implementation
  • Preparation of Financial Management Information for the Board of Directors.
  • Group strategic planning and budgeting
  • Monitoring of the business segments' financial performance
  • Review of financial reports ensuring they comply with International Financial Reporting Standards (IFRS).
  • Preparation of accurate and timely statutory financial reports.
  • Coordinate the activities of external financial services providers including auditors, insurance brokers and underwriters.
  • Provide leadership to a team of accounting professionals.
Qualifications and Experience
  • Holder of a BCom (Accounting) degree or similar discipline
  • Professional accounting qualification, CPA(K), ACCA or ACA
  • Minimum 10 years work experience, 5 of which should be in a senior finance and/ or strategy role in a large organization.
  • A Masters degree in Business Administration, Finance, Economics or related fields.
If you meet the above specifications, please send your detailed CV by 10th April 2010 marked
clearly:

1. Role-Director, Technology & Operations
or
2. Role- Director, Finance and Strategy

To The Group Managing Director
NIC Bank Limited
P O Box 44599, 00100
Nairobi

Or email hr_recruit @ nic-bank.com

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