Kenya Commercial Bank, renowned for its
diversity and growth in the Region is currently strengthening its support for
group operations and business with the aim of maintaining Best Practice whilst
also responding to the growing Business needs to support internal and external
Customer Service delivery objectives and increase shareholder value.
To this end the following challenging position has arisen and candidates with the requisite competencies and qualifications described below are hereby encouraged to apply.
Manager, Trustee Services and Compliance
Job Ref: CORP 07/2011
Job Purpose
Reporting to the Head, Custody Services, the position offers Trustee Services
for Collective Investment Schemes Product, Retirement Benefit Schemes etc. and
oversee all aspects of compliance with both internal guidelines and external regulatory
requirements.To this end the following challenging position has arisen and candidates with the requisite competencies and qualifications described below are hereby encouraged to apply.
Manager, Trustee Services and Compliance
Job Ref: CORP 07/2011
Job Purpose
Key Responsibilities
- Confirm
Unit Trust Funds and Retirement Benefits Schemes are carried out in
compliance with the Capital Markets Act, Capital Markets Authority
Collective Investment Schemes Regulations 2001, the Retirement Benefits
Authority Act and the regulations and all other relevant legislations
- Daily
filing of all the correspondences relating to the trustee services
- To
ensure that all contracts and agreements are negotiated and signed between
the Unit Trust Fund, Custodian, Auditors and service providers
- Expert
Knowledge of the Capital Markets Act, Capital Markets Authority Collective
Investment Schemes Regulations 2001, the Retirement Benefits Authority Act
and the regulations and all other relevant legislations and the incorporation
documents for the Unit Trust Funds and Retirement Benefits Schemes
customers
- Organizing,
preparing and attending Quarterly Trustee Meetings and Annual General
Meetings and other meetings periodically
- Confirm
compliance with CMA and RBA on a monthly basis
- To
ensure that the applications for licenses for the CMA, CDSC RBA, NSE and
or any other regulatory body are made within the time frames stipulated by
the law
- Invoicing
and collection of Trustee Fees
- Communicating
and liaising with the RBA, CMA , CDSC and all other regulators
- Review
of unit trusts and retirement benefits scheme accounts
- Ensure
team is fully optimized by monitoring workflow and daily output
The Person
- University
Degree in a business related field, a postgraduate degree will be an added
advantage
- AKIB/ACIB/CPA
Qualifications will be an advantage
- Experience
in general banking with knowledge of the Custody environment
- Strong
relationship with legal and compliance issues and a comprehensive
understanding of the requirements of the CMA , RBA and KRA regulations
- Candidates
should have a minimum of 5 years management experience within a Trustee
Services or Legal or Compliance function
Key Competencies
- Effective
leadership skills and excellent team player
- Strong
business sense and excellent judgment
- Responsible
and Proactive worker with a Positive Attitude
- Confident
and articulate with excellent interpersonal and communication skills
- Strong
analytical and decision making skills
- Well
versed in the conduct of meetings
- Excellent
planning and organization skills
- Ability
to quickly learn new products/systems
- Possess
the ability to work effectively under pressure and tight deadlines
If you believe you can clearly demonstrate your abilities to meet the criteria given above, please submit your application with a detailed CV, stating your current position, remuneration level, e-mail address and telephone contacts quoting the job title/reference in the subject field to recruitment@kcb.co.ke.
To be considered your application must be received by 30th September 2011.
Only short listed candidates will be contacted.
You can now click on this link www.kenyanvacancies.com to visit our sister website for more vacancies.