SBM Bank
SBM is a leading Financial
Services Group present in Mauritius, Kenya, India, and Madagascar and with a
representative office in Myanmar. With our entry to Kenya, the Group is
expanding into the East African region.
With a solid track record for
over 43 years, we have been constantly building up our strength in innovation,
flexibility, accessibility and reliability. These are the key attributes that
have contributed to our reputation and trustworthiness.
As a Group, human capital is
at the heart of our development. In our quest to be the Employer of Choice, we
are laying increasing emphasis on developing and nurturing our talent pool. SBM
is a reference for creating talent for the world of tomorrow.
Open your door to success by joining us in the following challenging position:
Open your door to success by joining us in the following challenging position:
Head of Credit Administration
Ref: SBMK/HCA/02/17
Reporting to the Chief Risk
Officer, will supervise the maintenance of the entire documentation associated
with all credit applications, credit support, control systems and other
practices necessary to manage the outstanding risk assets of the Bank to normal
repayment and to properly and effectively monitor credit risk.
She/he will also design,
review and implement credit administration structure and procedures within the
bank.
Core Responsibilities:
Core Responsibilities:
- Ensuring that
all conditions precedent for credit facilities are in place and the
necessary deferrals / waivers sought from Management Credit Committee,
prior to signing off for disbursement of all credit facilities;
- Ensuring post
disbursement compliance with approved terms and conditions, assignment of
rights, review expiry of credits, progress payment insurance etc
- Review loan
documents and liaise with internal and external parties to ensure proper
and efficient delivery of credit administration duties
- Provide
information to Finance Department to assist in the preparation of
monthly/quarterly reports to Central Bank of Kenya e.g. monthly reports
etc
- Monitor all
irregularities, past dues, documentation deficiencies, etc., and report to
Executive Management / Management Credit committee
- Ensure
compliance with the internal policy, credit approval terms and conditions,
regulatory ratios / policies etc;
- Ensure that
there is a robust process for the safe custody and control of all security
documents
- Supervise the
Credit Administration team to ensure adherence to good credit
administration practices;
- Provide
training for Business Units & coaching for Credit Risk Management
staff on credit related topics
- Review daily
system credit monitoring and management reports and identify non-
performing accounts with irregularities and proactively follow-up to
ensure corrective action is taken in line with credit policy
- Responsible
for collateral valuation, collateral monitoring and collateral
reconciliation with original documents
Qualifications, Experience
& Skills:
- Degree in
Business field preferably in Finance / Accounting) or a relevant
professional qualification
- Postgraduate
qualification will be added advantage
- Seven (7)
years, 3 years of which should have been in management position
- Knowledge of
Central Bank’s regulatory requirements on lending and reporting
- Computer
literacy with proficiency in Microsoft suite and also familiar with the
Bank’s credit software
- Proactive
problem solver with excellent credit and analytical skills
- Knowledge of
the Bank’s credit policies and procedures
- Good credit
analysis skills.
- Excellent
managerial and decision making skills
- Strong
marketing/ business development acumen
- Strong
administrative, communication and people management skills,
- Strong ethical
& professional values, autonomous & result oriented with a clear
determination to succeed.
Head of Credit Underwriting
Ref: Sbmk/Hcu/03/17
Reporting to the Chief Risk
Officer, the job holder will be responsible for supporting Loan Managers and
Officers in the credit analysis and underwriting of commercial loan
packages.
She/he will ensure the facilitating
of comprehensive credit analysis that evaluates the existing facilities in the
portfolio.
Core Responsibilities:
- Oversees the
preparation of credit underwriting and analysis of existing loans in
connection with renewals and modifications;
- Review
periodic reporting provided by customers to ensure borrowing base
availability as well as to monitor performance;
- Solicits
existing portfolio customers in an effort to increase and retain volume
and cross sell Bank products and services;
- Promotes
customer relations;
- Evaluates
financial statements, historical trends, projections, management
performance, industry, cash flow, capital structure and collateral
analysis;
- Performs
various departmental functions, including loan covenant monitoring, risk
rating, stress testing and audit preparation;
- Orders,
reviews and analyzes reports (credit, environmental, appraisal, and
property evaluations)
- Recommends and
models appropriate loan structure for new and existing loan relationships;
- Prepares
periodic reviews of existing loans to assess credit quality and covenant
compliance
- Prepares
written Credit Memorandums for presentation and approval;
- Develops
underwriting policies for new credit verticals in conjunction with
Portfolio;
- Prepares
reports for the portfolio, when necessary;
- Promotes and
monitors customer relationship and growth;
- Actively
participates in research, preparation and execution of customer calls;
Qualifications, Experience
& Skills:
- Degree in
Business field preferably in Accounting, Finance or Business
Administration
- Postgraduate
qualification will be added advantage
- Ten (10)
years, 4 years of which should have been in senior management position
- Demonstrated
ability to apply industry knowledge to underwriting decision making
- In-depth
underwriting experience in multiple credit verticals
- Deep
understanding of commercial implications of underwriting in the loan cycle
- Strong
communication and analytical skills
- Experience
with financial analysis programs and discounted cash flow models
- Good
interpersonal skills, team oriented, and strong customer service skills.
Chief Risk Officer
Ref: SBMK/CRO/01/17
Reporting to the Chief
Executive Officer and the Board Risk Committee, the successful candidate will
be responsible for creating, designing and implementing a risk function that
supports the strategic goals of the Bank.
Core Responsibilities
- Develop and
implement an appropriate (Enterprise Risk Management) ERM infrastructure
by integrating risk management with the Bank’s strategic management
process
- Manage on-going
risk quantification, assessment, monitoring and reporting programs across
the Bank
- Own, manage
and control Credit Risk in the bank that may be originated by Corporate,
SME and Retail Banking
- Assist Senior
Management and Board of Directors in understanding risk, its measurement
and control methodology; and provide support to the Board in its oversight
of risk through regular reports
- Optimize the
existing risk management system, regularly create and evaluate the Bank’s
risk control data model, using external, industry and internal data, the
Bank’s risk control system
- Implement the
risk control system across various functional departments, including risk
policy, credit review, AML, data modelling and collection, to ensure the
efficient operation of various departments
- Actively
participate in Assets and Liabilities Committee (ALCO) of the Bank and
provide critical input to help drive decision making on the optimal level
of Risk Return trade-offs on transactions, products and business segments
- Guide and review
the Bank’s risk control policies, processes, data analysis and
corresponding controls
- Responsible
for the Bank’s credit risk, operational risk, market risk, liquidity risk
management
- According to
the Bank’s strategy, responsible for the development of risk management in
the medium and long term, and implementation of relevant strategies and
plans
- Effective
management of the credit risk function, including credit review, data
analysis, anti fraud and collection
- Establishment
of fraud risk warning model and monitoring system, and quantitative
analysis of risk data and
- Lead the
Credit Risk, Credit Administration and Credit Remedial teams
Qualifications, Experience
& Skills:
- A Bachelor’s
degree in Accounting / Finance, Economics, Statistics, or a related Business
- Post graduate
qualifications in Finance or Business Administration will be an added
advantage
- Professional
qualification such as ACCA, CPA, CISA
- Must have good
knowledge and grasp of banking practices, financial markets
- Demonstrated
ability to conduct reviews and development of policies and procedures and
align them with best practices and CBK guidelines, IFRS, the Banking Act,
Basel rules and other Statutes
- Ability to
relate market/economy knowledge and events to business and transactions so
as to discern and present risks that would impact the business
- 10 years’
experience in banking, 6 of which must have been in Senior Risk Management
role in a significant size Commercial Bank in Kenya or African market
Head of Corporate & SME
Banking
Ref: SBMK/HCSB/06/17
Reporting to the Chief
Business Development Officer, s/he will be responsible for overseeing overall
Bank Corporate & SME lending.
The successful candidate will
be in charge of formulating, coordinating, planning and implementing strategies
for growth and management of the bank’s Corporate and SME portfolios.
Core Responsibilities:
- Drive SME
customer strategy as guided by the main bank strategy with the aim of
growing the bank’s market share in the SME segment and ensuring
profitability is achieved from this segment
- Drive
Corporate customer acquisition strategy as guided by the main bank
strategy with the aim of growing the bank’s market share in the Corporate
segment and ensuring that profitability is achieved from this segment
- Guide both Corporate
and SME relationship managers in originating strong transactions to
support the Bank’s business in the two segments
- Maintaining
good client service for the two portfolios
- Continuously
review the lending portfolio so as to maintain a diversified client base,
in line with macroeconomic conditions and the Bank’s strategy
- Monitor and
identify possible problem clients and ensure that appropriate
recommendations are made to manage credit risk;
- Formulate the
Corporate & SME banking strategy in accordance with the Board’s
guidelines
- Take overall
responsibility for the profitability of the two business segments
Qualifications, Experience
& Skills:
- Degree
(Bachelor) with post graduate (Master in Finance / Banking / Accounting
- At least 10
years of relevant experience in both SME and Corporate banking
environments
- Possession of
excellent team leadership skills
- Ability to
work accurately, under high pressure within fixed and short timeframes
- Sound
understanding of all corporate products and related credit risk
- Sound
knowledge of performance management of front office business units
- Should be
result and quality oriented
- Knowledge of
Project and Corporate financing products is a must
Head of Wholesale Liabilities
Ref: Sbmk/Hwl/05/17
Reporting to the Chief Business
Development Officer, will be responsible for leading the Liabilities team
performance, development and motivation for the team and ensure strategies are
executed and monitored for optimal revenue and regulatory work on capital and
asset/liability risk management policies for the bank.
Core Responsibilities:
- Lead the
wholesale liabilities team in growing a sound portfolio with a keen eyes
to cost and stability of funds
- Recommend
changes to existing liabilities products to improve specifications and performance.
Responsible to design, recommend, develop and implement new competitive
deposits schemes. Conduct presentations and training program to launch the
new deposits schemes
- Liaise with
Treasury Department to design, recommend, develop and implement new
competitive interest bearing deposit products
- Provide expert
advice and assistance on technical issues relating to the modification of
such liabilities products
- Carry out
regular mystery shopping exercises to ensure that branches maintain an
awareness of developments in wholesale liabilities products
- Understand the
market space in the service areas across; continually lead in the industry
reviews on innovation and competitor activity
- Maintaining
and developing the Front-to-back service offering for Account Lifecycle
for institutional clients
- Working
closely with sales and solutions teams, relationship and account managers
- Manage a team
of relationship managers and guide them to the predefined wholesale
liability targets
- Ensure the
service proposition is delivered in a commercially sensible cost framework
whilst maintaining and improving service levels against agreed SLAs
- Benchmark team
activities to external market and clients and price the portfolio
according to the overall unit strategic intentions
- Deliver a
superb service to the clients and ensure impressive service quality
- Provide
Deposit performance metrics , feedback and reports to the management on a
periodic basis
Qualifications, Experience
& Skills:
- Degree
(Bachelor) with post graduate (Master in Finance / Banking / Accounting)
- Minimum of 10
years’ experience mainly in corporate liability portfolio management,
product management and marketing.
- Knowledge in
corporate relationship management will be a key attribute.
- Sound
knowledge of compliance, KYC/ AML, regulatory framework, internal banking
operations
- Previous
experience in a similar position will be an advantage
- Proven team
leadership skills is a must.
Head of Compliance
Ref: SBMK/HC/12/2017
The successful candidate
report to the Chief Risk Officer and will plan, direct and coordinate
activities of the Bank to ensure overall compliance with legal, regulatory,
ethical and integrity standards of the Bank.
Core Responsibilities:
Core Responsibilities:
- Develop and
implement a risk-based compliance monitoring framework, capable of
identifying, assessing and reporting all material compliance risks
- Monitor and
coordinate compliance activities of all departments within the Bank and
ensure their procedures, internal systems and controls are up-to-date and
properly documented
- Maintain an
updated understanding of relevant regulatory requirements by providing
advice and guidance to senior managers on various current and emerging
laws and regulatory requirements that impact on the banking business
- Develop an
effective compliance training program for employees to create awareness on
laws, regulations and ethical standards governing the banking industry
- On an ongoing
basis, identify potential areas of compliance vulnerability and risk, and
develop/implement corrective action plans for resolution of problematic
issues; and provide general guidance on dealing with similar situations in
the future
- Respond to
alleged violation of rules, regulations, policies and procedures by
evaluating and recommending the initiation of appropriate investigative
procedures
- Prepare
standard and ad-hoc data reports to regulators and other stakeholders as
may be required
- Review
compliance policies and procedures on a regular basis to ensure they
comply with statutory and regulatory requirements
- Develop and maintain
effective and efficient interaction with regulators, ensuring the bank’s
views are appropriately represented, and facilitate the supervisory
activities of regulators
Qualifications, Experience
& Skills:
- Be a holder of
a university degree in a business related field. A degree or Diploma in
Law would be an added advantage
- Have at least
seven years working experience, four of which must have been in risk
management, compliance, internal audit or any other related area.
- Be conversant
with banking regulatory requirements
- Possess
excellent analytical skills
- Have good
communication, presentation and interpersonal skills
Manager Trade Finance
Ref: SBMK/MTF/10/17
Reporting to the Head of
Centralized Operations and Alternate Cannels, the holder will be responsible
for ensuring that all the trade finance activities are conducted strictly with
banking credit line granted to the customer, organizing, supervising and
directing activities of bills processing, import and export financing,
establishment of letters of credit and attend to customer inquiries.
Core Responsibilities
- Participate in
drawing up annual business development plans in trade and corporate
finance and to implement these plans with support from the Head of
Centralized Operations and Alternate Channels and Branches.
- Support
structuring and processing trade finance transactions across a spectrum of
sectors in liaison with the business teams and with support from the Head
of Centralized Operations and Alternate Channels and Branches;
- In line with
the above, liaise with the Banking Operations department to ensure that
once approval is received, disbursement is done within the required
timelines and that the portfolio is managed according to the terms of the
agreement and to the client’s satisfaction, until expiry of the same;
- Deliver sound
and efficient service in processing of trade finance transactions;
- Supporting the
credit department with information to facilitate the credit process and
the legal department in the facilitation of transaction documentation;
- Support review
and pricing of trade finance transactions to ensure both profitability and
competitiveness;
- Support the
operations teams in attaining processing efficiency in the unit.
Qualifications, Experience
& Skills:
- B.S. or B.A.
degree in business related field from a recognized university;
- Must be a
Diploma in Banking/Finance or CPA (K) holder.
- Impressive
knowledge of trade finance products and infrastructure.
- Experience in
structuring and implementing trade finance transactions.
- Excellent
verbal and written communication skills in English.
- At least five
(7) years relevant experience in trade finance
Branch Managers
4 Positions
Ref: SBMK/BM/09/17
Reporting to the Regional
Head of Branch Business, the successful candidate will be responsible for
managing the Branch business of the assigned branch.
S/He will be in charge of
implementing the bank’s strategy at branch level with focus on business growth
and quality of service to the clientele
Core Responsibilities:
- Work with
management in establishing growth, sales, and profit objectives for the
branch
- Ensure that
the branch office is properly staffed and that the staffs are trained to
meet customer service needs as well as sales objectives
- Make certain
that all office operations are performed in accordance with established
Bank policies and procedures
- Maintain
working knowledge of the Bank’s lending and credit policies and answer
customer questions as appropriate; takes loan applications; recommend or
rejects loan applications
- Prepare and
submit weekly progress reports on marketing to the Regional Head of Branch
Business
- Grow customer
base, product breadth and revenue streams of the branch
- Market and
publicize new and existing products and services introduced by the bank
Qualifications, Experience
& Skills:
- B.S. or B.A.
degree in business related field from a recognized university
- Must be a
Diploma in Banking/Finance or CPA (K) holder
- Good knowledge
and experience of bank operating policies and procedures
- Sound
analytical, communication, report writing and sales skills
- Demonstrated
management and supervisory skills sufficient to manage a staff
- Minimal
commercial lending authority; a thorough knowledge of the features and
benefits of all bank products and services; a working knowledge of visual
and auditory skills; and
- At least five
(5) years relevant experience as a branch manager
Head of HR and Administration
Ref: SBMK/HRA/08/2017
The holder will report
directly to the Chief Operating Officer on issues concerning Human Resource
Policy and Strategy; and will be directly responsible for all employee HR
matters.
The holder will support and
sustain a culture of SBM Bank Kenya in HR matters and support related training
initiatives.
Core Responsibilities:
- Participate in
the development of the Bank’s plans and programs as a strategic partner
but particularly from the perspective of the impact on staff .
- Translate the
strategic and tactical business plans into HR strategic and operational
plans.
- Evaluate and
advice on the impact of long term planning of new programs/strategies and
regulatory action as those items impact the attraction, motivation,
development and retention of staff .
- Develop
staffing strategies and implementation plans and programs to identify
talent within and outside the Bank for positions of responsibility.
Identify appropriate and effective external sources for candidates for all
levels within the Bank.
- Develop
progressive and proactive compensation and benefits programs to provide
motivation, incentives and rewards for effective performance and to
provide programs which utilize an employee and company partnership for the
short and long-term health and welfare protection of the employees.
- Implement an
effective Performance Management System that is effective and aligned to
the Bank’s operating strategy in line with the Group’s performance
standards.
- Oversee the HR
Information system, including maintenance of up to-date records of all
Bank Staff in such areas as contracts, staff data, medical
records, Training, etc.
- Oversee all
aspects of Administration within the Bank.
Qualifications, Experience
& Skills:
- Be in
possession of a Bachelor’s Degree in Human Resources Management or
equivalent. A Masters degree (MA) in HR or Business Management would be an
added advantage
- Have 10 years
relevant experience, five of which must be in a management role.
- Be in
possession of a Diploma in Human Resources and be a member of IHRM
- Have very good
technical knowledge of Kenya’s Labour Laws
- Practical
experience in handling Industrial Relations and ability to resolve any
challenges that are industrial in nature.
Manager, Credit Recovery
Ref: SBMK/MR/11/17
Reporting to the Chief Business Development Officer, the job holder will be responsible for planning, coordinating and leading the recovery of delinquent loans in line with the Bank’s debt recovery policies and procedures.
Core Responsibilities:
Ref: SBMK/MR/11/17
Reporting to the Chief Business Development Officer, the job holder will be responsible for planning, coordinating and leading the recovery of delinquent loans in line with the Bank’s debt recovery policies and procedures.
Core Responsibilities:
- Ensure the
Collections and Recovery team delivers end to end high performance, taking
ownership of their respective areas of responsibility
- Analyze
delinquent accounts and prepare report on highest risk accounts including
recommendations for resolution
- Formulate and
implement strategies for recovery of delinquent facilities in line with
the collections policy and procedures
- Provide
leadership to the recovery team and ensure that delinquent facilities are
recovered or rehabilitated to performing status in line with the
collections policy and procedures
- Manage and
closely monitor the productivity of the recovery staff in line with set
targets and performance agreements
- Coordinate the
allocation of portfolios to external debt collectors and other service
providers in recovery and ensure adherence to the terms and conditions of
engagement
- Ensure that
proper procedures are followed in liquidation of customer collaterals and
guide the branches and the recovery agents on the recovery process
- Perform
periodical review of the recovery policy and procedures
Qualifications, Experience
& Skills:
- Degree in the
field of Finance & Banking, Accounting
- Strong
communication, interpersonal and leadership skills
- Excellent
negotiation and problem solving skills, strong mathematics skills
- Knowledge of
financial statements and cash flow analysis, industry/market credit
research
- Good
management skills with the ability to make decisions in tough
circumstances
- Minimum of
Seven (7) years experiences in banking, and four in a credit management
function, specifically in the area of recoveries
How to Apply
If you believe in taking new
challenges with the right mindset and match the job profile, please send your
application letter with your C.V. to:
The Manager, Human Resources,
SBM Bank (Kenya)
Limited,
Head Off ice, IPS Building,
6th Floor, Kimathi Street,
P.O. Box 34886-00160,
P.O. Box 34886-00160,
Nairobi, Kenya
or email to careers@sbmbank.co.ke
Website: www.sbmbank.co.ke
All applications should be
received by latest, Friday 30th June, 2017.
Kindly note: All applications will be dealt with in strict
confidence.
The Bank reserves the right
to call only the best candidates for interview and not to fill this position
following this advertisement.
SBM Bank is a reference for
creating talent for the world of tomorrow.
SBM Bank is an Equal Opportunity Employer.
One step in the right direction and a giant leap for your career.
One step in the right direction and a giant leap for your career.
