The Youth Enterprise Development Fund
is a State Corporation under the Ministry of Public Service, Youth and Gender
Affairs established to address the challenge of youth unemployment in the
country.
The Fund provides loans and business
development services to youth owned enterprises.
Credit Manager
Ref: CM/1/2016
Responsible to: Lending Manager
Purpose of Job: Reporting
to the Lending Manager, the Credit Manager, will head the Credit Unit and be
responsible to providing efficient and effective service to the YEDF in the
successful vet, approve and disburse loans.
Key Responsibilities
- Coordinating all aspects on lending cycle for
the Funds Credit Products, by liaising with Senior Credit Officer, and
other officers both in Head Office and in the field.
- Identifying and appraising prospective
Financial Intermediaries for partnership with the Fund, Monitoring the
operations of the contracted intermediaries and advising management on
their performance.
- Identify and enlist the support of key
stakeholders in monitoring and recovery of loans to ensure quality loan
portfolio.
- Continuously reviewing the Funds products and
Lending strategy and advising management on appropriate action.
- Respond to any queries on issues relating to
the youth Enterprise Development Fund
- Formulation and implementation of lending
policies, procedures and best practices
- Monitor and evaluate all activities in
relation to lending
- Review and design market led loan products on
a regular basis
- Ensure efficient and secure maintenance of
loanees’ information in the management information system
- Ensure preparations of monthly and quarterly
reports.
- Offer financial advisory services to
beneficiaries of the Fund’s services.
- Take necessary actions to recover overdue
loans.
Qualifications
- A minimum of a Bachelor’s degree in a business
related field, preferably in Finance, Accounting or strategic management
from a recognized university.
- Holders of an MBA will have an added
advantage.
- Over 5 years’ experience in credit operations
at a senior level in a reputable Financial or Microfinance institution.
- Specialized training in credit, microfinance
or accountancy will be an added advantage
- Possession of good analytical and reporting
skills
- Ability to understand the key issues affecting
the youth in Kenya.
- Possess good interpersonal skills to interact
with key stakeholders.
- Possess good leadership skills with ability to
manage others.
The prospective candidate shall
provide evidence of compliance with the following:
- High integrity and meet the requirements of
chapter 6 of the Constitution of Kenya 2010
- Higher Education loan’s Board (HELB) clearance
certificate
- Certificate of Good Conduct (Criminal
Investigation Department Clearance)
- Kenya Revenue Authority (KRA) tax compliance
certificate
- Ethics and Anti-corruption commission
clearance certificate.
- Credit Reference Bureaus clearance
Supply Chain Manager
Ref: SCM/1/2016
Responsible To: Chief Executive Officer
Responsible To: Chief Executive Officer
Purpose of Job: Reporting
to the Chief Executive Officer the Supply Chain Manager, will be responsible
for providing efficient and effective service to the YEDF in the successful
procurement of goods services and works.
Key Responsibilities
- Prepare documentation, undertake tender
exercises and arrange the formal execution of contracts to enable goods,
services and works to be supplied to customers throughout the Fund.
- Undertake the evaluation and analysis of
tenders; prepare summary reports and recommendations to facilitate the
effective award of business.
- Oversee the letting of contracts awarded to
ensure that formal documentation is assembled and auctioned
- Provide advice and guidance to all staff and
Departments on contracting to ensure full compliance with policy and
regulations.
- Establish and actively monitor designated
contracts to ensure customer needs are met and that supplies obligations
are fully discharged.
- Maintain effective liaison with the legal
Department in respect of contract issues, ensuring that documents are
legally vetted, including processing single tender applications to enable
contracts for proprietary goods and services to be let.
- Coordinate the formal vetting of prospective
tenderers to determine their suitability for trading.
- Undertake negotiation with suppliers to
resolve disputes, arrange contract variations and enforce contractual
obligations.
- Monitor designated Fund contracts to provide
effective support to customers during the implementation, review and
renewal of such contracts
- To be familiar with supply markets and
routinely undertake supply market research and analysis to ensure that the
commercial risk to the Fund is minimized, and commercial opportunities are
identified.
- Contribute to the development, implementation
and delivery of the annual Departmental service plan, key performance
indicators, and the Fund procurement strategy
Qualifications
- Must have a university degree in any of the
following fields: Procurement, Business Administration, Finance, commerce,
economics or strategic management or any other relevant fields,
- Must have a master’s degree n the same field.
- Possession of procurement professional diploma
or equivalent in procurement field course
- Be a member of KISM
- Must have progressive work experience of 6
years dedicated to providing substantial works and service contracts.
- Must be familiar with Public Procurement and
Asset Disposal Act 2015.
The prospective candidate shall
provide evidence of compliance with the following:
- High integrity and meet the requirements of
chapter 6 of the Constitution of Kenya 2010
- Higher Education loan’s Board (HELB) clearance
certificate
- Certificate of Good Conduct (Criminal
Investigation Department Clearance)
- Kenya Revenue Authority (KRA) tax compliance
certificate
- Ethics and Anti-corruption commission
clearance certificate.
- Credit Reference Bureaus clearance
Company Secretary
Ref: CS/1/2016
Responsible to: Chief Executive Officer
Responsible to: Chief Executive Officer
Job Purpose: To handle litigation, arbitrations / court cases by
instructing and liaising with external advocates to ensure the Fund does not
incur, or mitigate against losses from suits.
The successful candidate will be
responsible for assisting and supporting the Chief Executive Officer by
ensuring that the Youth Enterprise Development Fund Board adheres to all legal
requirements that govern business operations.
He/ She will provide Legal support to
management, Business Units as well as the Fund subsidiaries.
Key Responsibilities
- Ensure full compliance with the law,
legislative issues, policies and procedures as stipulated by the statutes
with a deep understanding of the competition and economic regulatory
legislation in Kenya and the region.
- Oversee the preparation, vetting and
negotiation of contracts, formal agreements and other legal instruments to
meet the laid down requirements for execution.
- Ensure safe custody of the Fund’s instruments
and documents such as organization seal, charged documents and suit
papers, and ensure confidentiality and privacy of all legal data of the
organization
- Coordinate the preparation of agendas of Board
of Directors and implementation of action points
- Conduct legal research, investigations,
preparation of witness for pre-trial and hearing, develop concept papers,
prepare legal briefs and opinions as well as develop effective defense
strategies, arguments and testimony in preparation of legal proceeding of
cases in liaison with external lawyers.
- Instruct external lawyers to ensure that the
Fund’s interests are adequately and promptly represented.
- Prepare, compile and maintain the requisite
case management reports for the various committees within the Fund.
- Represent the Fund in courts, tribunals,
arbitrations and other legal matters and to ensure the Fund does not incur
losses.
- Peruse and interpret legislation and other
legal instruments and advise the Fund accordingly
- Provide secretarial services to the Board
including ensuring that the Board work plan is prepared and adhered to,
circulating board papers in advance of the meeting, keeping a record of
attendance at meetings, keeping safe custody of the seal and a record of
its usage, and preparing the Board for annual general meetings where
applicable.
- Provide guidance to the Board and Board
members individually on their duties, responsibilities and powers and how
these should be exercised in the best interests of the Fund;
- Ensuring that Board procedures are followed
and reviewed regularly, and that the Board complies with the Law, rules
and regulations
Qualifications / Experience
- Must have a Bachelor of Law (LLB) degree from
a recognized university and be an advocate of the High Court of Kenya with
a current practicing certificate.
- Must be a qualified Certified Public Secretary
(CPS K).
- A Master’s Degree will be an added advantage
- At least 6 years practical work experience in
a busy Public/ Private organization, 3 years of which should be in a
senior management level.
- Experience in a Banking/Financial/Commercial
institution will be an added advantage.
Job Specification (Expected Skills /
Attributes)
The incumbent will be required to
possess the following attributes:
- Must be analytical with good management skills
and ability to work with minimum supervision.
- Must be self-motivated with strong
interpersonal skills
- Must have strong influencing and negotiation
skills
- Knowledge of provisions of the Banking Act,
Central Bank of Kenya, Capital Markets Authority, and The Companies Act
- Knowledge of developments in legal practice
and statutory amendments that are likely to have an impact on the Fund’s
operations
The prospective candidate shall
provide evidence of compliance with the following:
- High integrity and meet the requirements of
chapter 6 of the Constitution of Kenya 2010
- Higher Education loan’s Board (HELB) clearance
certificate
- Certificate of Good Conduct (Criminal
Investigation Department Clearance)
- Kenya Revenue Authority (KRA) tax compliance
certificate
- Ethics and Anti-corruption commission
clearance certificate.
- Credit Reference Bureaus clearance
Chief Executive Officer
Summary of Responsibilities
Under the general oversight of the
Board of Directors, the Chief Executive Officer will be responsible for:
- Providing leadership, selling and executing
the overall business strategy of the Fund and implementing its strategic
plan as well as programmes in support of the Funds strategic direction,
- Formulating operational policies, their
advocacy and entrenchment, as well as aligning the Fund’s objectives to
the National goals as outlined in the Kenya’s Vision 2030.
- Undertaking institutional risk management,
design fund raising strategies for the Fund and negotiate with the
government and development partners.
- Provide leadership in the development of
innovative initiatives; establish strategic partners (Both local and
international), with specific emphasis on increasing pro - youth
entrepreneurial investments and youth empowerment interventions.
Specific Duties and Responsibilities
- Provide overall leadership and management of
the operations of the Fund under the guidance of the Board.
- Ensure compliance and implementation of Board
policies.
- Provide overall administration and
coordination of the day to day affairs of the Fund
- Responsible for product development and
implementation
- Oversee the design and marketing of the
organization’s products, services and programmes.
- Facilitate the preparation and implementation
of annual work plans procurement plans, budgets, goals and
objectives.
- To prudently manage the Funds resources within
those budget guidelines according to the organizational policies and
government laws and regulations.
- Ensure maintenance of effective
External/Internal controls so as to safeguard the Fund’s assets and
oversee the annual/quarterly or ad hoc financial audit processes as
required in the financial audit processes.
- Effectively manage the Fund’s human resources
in line with the approved Human Resource policies and procedures that
fully conform to current laws and regulations. The CEO will also
facilitate the adequate availability and development of the Human
Resource.
- Ensure that the Fund’s Vision. Mission,
programmes, products and services are consistently presented in a strong,
positive image to relevant stakeholders
Personal Competencies
Prospective applicants will be
expected to demonstrate:
- Sound personal attributes of leadership.
- Tact, negotiation and decision making skills
- Proven performance management/contracting
skills.
- Knowledge in quality management systems.
- Good communication skills, presentation skills
strong interpersonal, analytical, organizational and team leadership
capabilities and high professional and ethical capability.
- Should demonstrate high emotional
intelligence.
- Understanding of Public Sector, Fund
Management and Devolution will be an added advantage
- Demonstrate Leadership skills in Strategic
Planning and Management
Minimum Job Requirement, Education
and work experience
- A Bachelors and a Master’s Degree from a
recognized university; in Business Administration, Strategic Management,
Economics, Social Sciences and Finance.
- Candidates must demonstrate their experience
in Strategy Formulation and Implementation, Operation Management.
Budgeting and Budgetary Control, Risk Management and Building
Partnerships.
- A minimum of 6 years progressive experience at
a Senior Management position in a reputable organization in the public or
private sector.
- Thorough knowledge of Government Financial
Management and Procurement Regulations, Policies and Procedures is
necessary
- Experience in Micro, Small and Medium Entrepreneurship
Development and/or in a Development or Financial or Risk Management will
be an added advantage.
- Experience in Quality Management Systems.
The prospective candidate shall
provide evidence of compliance with the following:
- High integrity and meet the requirements of
chapter 6 of the Constitution of Kenya 2010
- Higher Education Loans Board (HELB) clearance
certificate
- Certificate of Good Conduct (Criminal
Investigation Department Clearance)
- Kenya Revenue Authority (KRA) tax compliance
certificate
- Ethics and Anti-Corruption commission
clearance certificate.
- Credit Reference Bureau clearance
Remuneration: Remuneration will be dependent on the professional
background, experience and recommended remuneration and benefits for Chief
Executives of State Corporations.
How to Apply
If you believe you fit the required
profile, please send your application, a detailed Curriculum Vitae and all
relevant testimonials stating the current position, current remuneration,
expected salary, email address and telephone contacts.
All applications are also expected to
quote the reference number on the envelope YEDF/CEO/1/2016 and provide postal,
telephone and email contacts of three references.
Applications should be received by
12th August 2016.
All applications should be addressed to:
The Chairman
Youth Enterprise Development Fund
P.O. Box 48610 — 00100
Nairobi
Youth Enterprise Development Fund is an equal opportunity employer.
Potential male and female candidates with disabilities are encouraged to apply