Consolidated Bank Jobs in Kenya

Consolidated Bank is Kenya’s SME bank of choice that provides flexible financial solutions that support our customers in achieving success. 

The Bank is well positioned, with presence in majority of the country’s business hubs to continually offer pleasant and convenient services. 

We seek to recruit a qualified, experienced, competent and highly motivated individual for the following open vacancy:
 

Forex Dealer

Overall Purpose:
 Reporting to the Head of Treasury the successful candidate will be responsible for generating revenue through active trading and management of the various treasury products while mitigating underlying risks, to ensure growth of the bank’s forex business on a sustainable basis.

Key Responsibilities
  • Pricing of clients’ currency transactions as requested by the Corporate dealer.
  • Identifying and employ the most appropriate currency trading strategy for the bank.
  • Manage FX exposure and maintain bank balances on deposit in foreign banks to ensure funding for foreign exchange position settlement.
  • Negotiate prices for purchase and sale based on demand, supply, and stability of currency.
  • Refer to international bank market rate to determine foreign exchange rates.
  • Establish local rates based upon international bank rates, size of transaction involved, stability of market, and bank’s balances available to fund customer requirements.
  • Monitor FX positions and cover exposures and funding requirements as per the bank’s policies.
  • Monitor international bank market rates to determine foreign exchange rates for the retail business.
  • Keep up to date with market information and monitoring trends in currency pairings.
  • Assist the Back Office department with settlement queries as required.
  • Prepare reports as and when required.
Minimum Qualifications and Experience
  • A Degree in Commerce, Finance, Banking or other related subject.
  • Be a member of ACI Kenya
  • Four years treasury expertise in analysis and trading in various forex market instruments
  • Experience in foreign exchange interbank trading.
  • Expertise in use of Bloomberg, Reuters and/or other dealing platforms,
  • A Sound knowledge of business at both corporate and industry level, along with a firm understanding of economic principles, financial markets and instruments.
  • Possession of an ACI dealing certificate will be an added advantage.

Legal Officer
 
Overall Purpose: Reporting to the Company Secretary and Head of Legal Services, the successful candidate will be responsible for the following:-.

Key Responsibilities
  • Interpret legal texts for the Bank and assist management in interpreting and applying statutes, rules and regulations to ensure compliance of the Bank.
  • Participate in preparing and/or represent the Bank in judicial proceedings regarding enforcement of laws, rules and regulations.
  • Protect members and stakeholders rights, privileges and interests in intellectual property and other product innovations, processes through patents and copyrights and take the necessary action to protect and preserve such rights from infringement.
  • Assist the Company Secretary and Legal Manager in researching legal precedents, investigating facts, preparing legal documents/reports/correspondence.
  • Negotiate contracts, leases, formal agreements and other legal instruments between the Bank and other parties.
  • Facilitate effective and timely security perfection.
  • Maintain legal data-base of the Bank including recording information on on- going cases for the Bank, monitoring of the cases and liaising with the advocates and the business to ensure successful completion of matters.
  • Maintain an updated legal library.
  • Review of legal forms and documents to ensure they are appropriate for business.
  • Provide support in planning and coordinating the annual general meeting (AGM).
Qualifications and Competencies
  • Holder of LLB degree from a recognized University.
  • Post-graduate diploma in Law and professional qualifications such as CPS will be an added advantage.
  • Be an advocate of the High Court of Kenya in good standing.
  • Minimum three years experience in providing legal services in a commercial environment.
  • Strong communication, analysis writing and presentation skills in both English and Kiswahili.
  • Proficiency in computer applications.

Relationship Manager, Government and Institutional Banking
 
Overall Purpose: Reporting to the Head of Corporate Banking, the successful candidate will be responsible for coordination and overall management of deposits and other liability accounts for Government, Parastatals and Institutional Banking.

Key Responsibilities
  • To market and maintain new and existing Central Government, County Government, quasi Government and other institutional clients as well as market Consolidated Bank as a banking partner among these institutions.
  • To increase the Bank’s visibility among institutions through an aggressive calling program, obtaining feedback, recommending and implementing appropriate solutions in line with procedures/policies to satisfy needs, improve satisfaction levels and enhance service delivery.
  • Focus on marketing and establishing key banking relationships and partnerships with NGO’s, schools, churches and other institutional clients to enhance wallet share and enhance relationships.
  • Manage portfolio growth for Corporate, Institutions, Parastatals and Government Ministries and departments ensuring that the bank maximizes its returns from the relationships and clients remain completely satisfied.
  • Drive and deliver exceptional sales targets by identifying and meeting customers’ needs individually and as team.
  • Grow current and fixed/call deposits account business from assigned institutional relationships.
  • Enhance customer retention and grow other business lines contributing to overall bottom line through cross selling other bank products.
  • Building relationships by identifying clients’ needs, and achieve business targets.
  • Manage, lead and develop staff
  • Prepare month-end business report detailing performance results.
Minimum Qualifications and Experience
  • A degree in Economics, Commerce, Business Management or other business related subject
  • Ten years of commercial banking experience, 4 of which should be in institutional banking and/or liabilities management.
  • Knowledge of banking products
  • Skills in sales, marketing and customer service and liabilities management would be a definite advantage.
Key Skills and Competencies
  • Well developed ability to manage business relationships
  • Strong networking and relationship building capacity
  • Self driven, posses high levels of integrity
  • Maintain high levels of confidentiality in all dealings.
  • High level sales and marketing skills
  • Strong communication and interpersonal skills (oral and written)
  • Leadership and management skills
  • Analytical skills
How to Apply

Interested and suitably qualified individuals should forward their applications, enclosing copies of their academic and professional certificates, detailed CV indicating work experience, daytime contacts and addresses of 3 professionally relevant referees to reach the undersigned by Friday, 22nd May 2015.

Applications should be addressed to:
The Head of Human Resources
Consolidated Bank of Kenya Ltd
P.O. Box 51133 - 00200
Nairobi

Consolidated Bank is an equal opportunity employer. 


Only successful candidates will be contacted.