Co-operative Bank of Kenya
Head – Money Markets & Fixed
Income
Are you a highly experienced
leader with a wealth of knowledge on financial markets?
You have good grasp of the
technical aspects around money markets and fixed income instruments, you are
well informed, highly regarded with high integrity and a keen interest to dive
into leadership within the Treasury sector.
Reporting to the Treasurer,
the job holder will be responsible for Money Market plans, strategies, policies
and activities aimed at enhancing Liquidity Management, Asset Liability
Management as well as Money Market and Fixed Income functions.
The job holder will also work
closely with the Treasurer to ensure achievement of overall Treasury and bank’s
objectives and targets.
The Role
The Role
Specifically, the successful
jobholder will be required to:
- Manage the
bank’s financial risks resulting from interest rate exposures, mismatch in
assets and liabilities (maturity risk) and Liquidity risk and also prepare
cash flow forecasts, gaps analysis for the bank’s overall assets and
Liabilities Management.
- Oversee the
Management of Liquidity both in the local Clearing accounts as well as the
Nostro accounts to ensure that the bank meets its payments obligations
without incurring extra unwarranted costs in penalties and overdraft
charges.
- Oversee
dealing/Inter-Bank activity relating to interbank borrowing and lending
and other related functions in line and within the limits put in place.
- Manage the
Treasury investment portfolio and invest in surplus funds in Treasury
Bills, Bonds and other suitable instruments/securities as recommended in
the investment.
- Trade in
government securities and other allowed securities as per the investment
policy to achieve set revenue targets.
- Manage the
bank’s cost of funds (liability pricing and funding) by monthly advising
deposit rates and Transfer pricing Rate
- Take an active
part in deposit mobilization to enable the bank to grow its deposits while
maintaining cost of funds at desired levels by scanning the market and
macroeconomic indicators for appropriate pricing.
- Manage
relations with stakeholders in the money markets including dealers,
Central Bank, Brokers, Fund Managers, amongst others.
- Drive the ALM
function and support decision with good market knowledge and networks.
- Facilitate the
preparation of the Treasury originated ALCO agenda items.
- Support staff
development, coaching and mentoring and maintain high ethical standards
for the department.
- Develop
products tailor made to suit clients’ needs, changing market trends and
balance sheet.
Skills, Competencies and
Experience
The successful candidate will
be required to have the following skills and competencies:
- A Bachelor’s
Degree in a Business related field and an ACI dealing certificate.
- A minimum of 5
years’ experience in a busy dealing room, 3 of which should be in active
trading in Money markets and Fixed Income position.
- Good
understanding of Asset / Liabilities Management, Liquidity Management and
risk Management in Financial markets.
- Experience in
using Dealing/trading platforms E.g. Reuters and Bloomberg.
- Knowledge of
various Treasury products as well as end to end processing of Money
markets and fixed income products.
- Good report
writing and presentation skills.
- High integrity,
strong analytical skills, results oriented with leadership and negotiation
skills.
How to apply:
If you are confident that you
fit the role and person profile and you are keen to add value to your career
then please forward your application enclosing detailed Curriculum Vitae to jobs@co-opbank.co.ke indicating the job reference number
HMM/TD/2016 by 22nd December, 2016.
Relationship Officer, Corporate
Banking
Are you looking for an employer who promotes individual excellence and mutual respect in a team-driven culture with a key focus on social empowerment?
Are you looking for an employer who promotes individual excellence and mutual respect in a team-driven culture with a key focus on social empowerment?
The Co-operative Bank of
Kenya, “The Kingdom bank” is the place for those looking to new horizons.
We are looking for people who do things differently and who go the extra mile to make sure our clients have the best to succeed.
We are looking for people who do things differently and who go the extra mile to make sure our clients have the best to succeed.
You have an enviable
performance track record, with great follow through and always focused on achieving
results.
You have demonstrated very
good analytical skills coupled with the ability to decipher great amounts of
data. You have excellent people skills and well experienced in credit analysis
within the Banking industry.
You possess very good
knowledge in Corporate Banking especially around compliance and Risk
Management.
Reporting to Head Corporate Banking with a dotted reporting line to a Relationship Manager, the Relationship Officer will support relationship/Account Manager in credit analysis.
Reporting to Head Corporate Banking with a dotted reporting line to a Relationship Manager, the Relationship Officer will support relationship/Account Manager in credit analysis.
The role holder will perform
monitoring and control of designated portfolios to ensure that the department
maintains a quality loan book by also ensuring compliance compliance to Bank’s
policies on KYC, AML and the prudential guidelines.
The role holder will also
provide back up support in client management by providing timely response to
all queries, timely feedback of inquiries and efficient service delivery.
The Role
The Role
Specifically, the successful
jobholder will be required to:
- Carry out Loan application analysis and completion. Follow
through the credit application from the proposal stage to
disbursement. This will entail obtaining all the necessary documents
for a thorough analysis of a facility request as per the bank’s Lending manual
& credit policy, Spread the information in Finales and comprehensively
analyse the spreads and Engage Product technical teams on specialized
credit facility structuring, obtain its’ approval/decline then advise the
customer via an appropriate letter of offer/letter of reject. Where the
loan is approved, ensure that the securities are in place, proper charging
done, the facility insurance obtained and the compliance certificate
completed.
- Perform credit
analysis - ensure that credit proposals have been well analyzed and
presented and ensure the portfolio under management remains of good
quality and as per the bank`s credit policy by monitoring and control i.e.
effectively and efficiently manage the PAR (Portfolio at Risk) Excess, and
Collateral. Respond to early alert reports and promptly advice the
Remedial Credit Unit clients that require their attention before the
position gets from bad to worse.
- Ensure
distinctive customer experience – ensure focused efficient and effective
customer service frameworks which will increase the flow of business from
existing customers and generate business from new customers. Obtain status
reports on the client, directors, guarantors if any, suppliers etc. and
make regular customer visits and ascertain the level of activities, stocks
etc. and analyze annual/management reports on annual/quarterly basis
as well as interrogate account plans to ensure all leads identified are
closed. Make follow ups on issues raised/captured under the call report
with the customer/person/relevant department.
- Prepare Limit
review reports and effectively advise the RMs and ARMs on renewal of
overdraft limit expiry dates to ensure timely review of overdraft limits
as well as ensure pre-approval of excesses. Ensure the land rates and
rent, Insurance certificates, Valuation reports are up to date.
- Ensure data
integrity of the Department Asset and Contingent book in terms of interest
rates, Corp flags, ARO (Account Relationship Officer) codes, Base codes
etc. Ensure proper ARO coding to avoid income leakage and perform
portfolio audit review and implementation to ensure the department
maintains a rate not lower than satisfactory.
Skills, Competencies and
Experience
The successful candidate will
be required to have the following skills and competencies:
- A bachelor’s
degree preferably in Business/Commerce/Economics or a degree in a science
or other related field where analytical skills are gained.
- At least three
(3) years of frontline experience in Credit Management or Credit Analysis
preferably in the Banking industry.
- Excellent
communication & interpersonal skills.
- Demonstrable
knowledge of market’s regulatory framework, operations and practices.
- Proficient in
MS Office with excellent report writing & Presentation skills.
- Presentation
skills.
- Sound knowledge
of financial analysis and cash flow projections.
How to Apply:
If you are confident that you
fit the role and person profile and you are keen to add value to your career
then please forward your application enclosing detailed Curriculum Vitae to jobs@co-opbank.co.ke indicating the job reference number
HMM/TD/2016 by 22nd December, 2016.
We are an equal opportunity employer.
We are an equal opportunity employer.