Risk Manager
This is an exciting opportunity in Risk Management that will deliver value to the Bank whilst horning your skills and giving you visibility within the Group Businesses. We are excited at the thought of having you as part of us. As a market leader, we have worked hard to earn our customers’ trust. Gaining and retaining this trust is critically important for our success. We defend our integrity by ensuring the Bank is in full compliance with all legal standards, Banking laws, rules and regulations as well as managing risks.
This
is a high visibility role which provides you with an opportunity to contribute
to the Group’s control environment and exposure to many business areas.
This is an exciting opportunity in Risk Management that will deliver value to the Bank whilst horning your skills and giving you visibility within the Group Businesses. We are excited at the thought of having you as part of us. As a market leader, we have worked hard to earn our customers’ trust. Gaining and retaining this trust is critically important for our success. We defend our integrity by ensuring the Bank is in full compliance with all legal standards, Banking laws, rules and regulations as well as managing risks.
Reporting
to the Chief Risk Officer (CRO), the role holder will be responsible for
financial risk management with the overall accountability for developing and
implementing Strategic, Corporate governance, Credit, Market, Liquidity, and
Subsidiaries risk management policy frameworks. He/she is also required to
ensure that the Co-operative Bank Group is adhering to regulatory prudential
guidelines, requirements and best risk management practices.
Responsibilities
·
Champion the overall implementation
of the Financial Risk Management framework and risk management best practices
within the Bank while acting as a center of excellence for Financial Risk
management.
·
Work closely with the CRO, Business
and Operations units within the Bank to establish, maintain and continuously
improve risk management capabilities and culture.
·
Monitor implementation of the Bank’s
Risk Appetite statement and risk limits by the Bank’s various business &
support units.
·
Assist in the designing, monitoring
and implementation of financial risk mitigation strategies and measures for the
Bank’s credit (lending) operations, treasury and ALCO processes.
·
Generate regular financial risk
reports that monitor the various risk exposures that the Bank and Subsidiaries
faces such as credit risks, market risks and liquidity risks
·
Assist in documenting the Bank’s
ICAAP to ensure that industry best practices are incorporated to identify,
monitor and control Pillar 1 and 2 risks and the associated capital
requirements.
·
Implement the Bank’s Stress testing
policy framework and tools that align to industry best practices and ensure
effective processes are in place to identify measure, manage, monitor and
report on risk exposures under stressed conditions.
·
Keep abreast and monitor Bank’s
adherence with existing and new local (CBK) Banking regulatory requirements as
well as supporting the Banks’ subsidiaries in implementation and monitoring the
provisions/ requirements of their Enterprise risk policy frameworks.
·
Keep abreast with new and emerging
global and regional Banking regulatory requirements and best practice standards
such as Basel Risk Management Guidelines, King Corporate Governance Guidelines,
COSO Integrated Risk Management Guidelines, and ISO 31000 Risk Management
Guidelines.
·
Conduct quality assurance reviews of
all risk management output (working papers, reports and presentations) to
affirm accuracy and completeness of facts and proper presentation before being
submitted to the Chief Risk Officer.
·
Coordinate risk assessments and
promotion of internal controls and Enterprise Risk management practices as well
as carrying out risk assessment reviews within the Bank and its subsidiaries as
per the Risk annual plan.
Qualifications
·
Degree in Business, Finance,
Statistics, Actuarial Science and/or Law or equivalent from a recognized
institution/ University with a minimum of 5 years’ experience in risk
management especially within the Banking Industry and/or in Consultancy.
·
Risk Professional qualifications from
recognized risk management institution such as FRM (GARP), PRM, and CISI (ASCI)
is desirable.
·
Excellent knowledge of CBK prudential
guidelines on Risk Management and good knowledge of Basel II requirements in
the Banking sector as well as the Banking Act with strong emphasis on lending.
·
Ability to exploit information
technology to develop effective management information and reports that add
value to the business.
·
Have an entrepreneurial mindset with
sound business insight, good customer relationship skills coupled with a
demonstrable project management skills.
·
Excellent report writing &
presentation skills, influencing skills, communication and interpersonal
skills, including the ability to communicate complex issues clearly and
succinctly to a non-technical audience.
How to Apply
If
you fit the profile, then apply today! Please forward your application
enclosing detailed Curriculum Vitae to jobs@co-opBank.co.ke indicating the job reference number RM/CEO/2019 by Friday, 12th February, 2019.
Product Partner
As
a customer-centric financial institution, we strongly believe in providing
highly personalised services to deliver that personal touch.
To better serve our customers, we are on the lookout for highly motivated and results-oriented individuals who demonstrate initiative, good interpersonal and communications skills and most importantly, commitment in providing quality customer service.
To better serve our customers, we are on the lookout for highly motivated and results-oriented individuals who demonstrate initiative, good interpersonal and communications skills and most importantly, commitment in providing quality customer service.
Reporting
to the Head – Trade Finance Sales, the Product Partner will be required to own
the full end to end trade finance products or product portfolio processes that
meet customers’ needs. The role holder will also be required to grow trade
related income and asset book as well ensure trade finance instruments are well
executed. He/she will be a recognized senior trade subject matter expert with a
strong appreciation and understanding of structuring trade transactions and the
relevant risk aspects associated with the trade business.
Responsibilities
·
Actively initiate & support new
product development, roll-out and implementation. Originate, structure and
close trade deals against customer opportunities sourced either jointly or
directly.
·
Develop and manage a trade deal
pipeline using SFE tools, manage end to end deal conversion and ensure revenue
momentum is sustained.
·
Draw up weekly customer calling plan
for trade customers to drive trade business. Negotiate key trade terms with
clients/resolving issues between product and client and provide expert trade
advisory services to customers.
·
Monitor and drive customer approved
trade credit facility utilization. Ensure the portfolio managed remains of good
quality as per bank’s credit policy.
·
Champion risk approvals for trade
deals and provide risk management of trade portfolio and structured solutions
to mitigate risk.
·
Provide Relationship Managers &
Customers continuous trade product knowledge through training, workshop and
forums to maximize trade opportunity identification/solutions.
·
Proactively manage new and existing
trade clients ensuring increased output to grow bank’s share of wallet.
·
Review trade product pricing
periodically and do competitive and SWOT analysis.
·
Drive overall client satisfaction and
service benchmark of trade offering and build customer loyalty. Benchmark
against world-class Trade finance providers and ensure that standards of the
trade finance unit meet similar standards
·
Ensure that the processes, structures
and systems required to effectively service existing clients and develop new clients
are in place and continuously reviewed using SLA’s
·
Ensure complete and accurate customer
charges database is in place and is known to all users
·
Continually drive and ensure
consistent and superior client orientated culture and high quality service delivery
to trade customers.
Qualifications
·
A Bachelor’s degree in Business
related field from a recognized university.
·
At least 3 years Trade Finance
experience, 2 of which must be in trade sales function.
·
Sound Trade Products knowledge with
ability to package simple and complex trade transactions.
·
Excellent working knowledge of
Uniform Customs and Practice for Documentary Credits (UCP 600), Uniform Rules
for Collection (URC 522), Uniform Rules for Demand Guarantees (URDG 758) and
International Standby Practices (ISP 598).
·
Credit skills
·
Ability to interact and negotiate
with customers at a senior level.
·
Customer focused & results
orientated.
·
Excellent verbal communication,
written and presentation skills.
·
Good organizational and time
management 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 PPTF/CIBD/2019 by 12th February, 2019.
We
are an equal opportunity employer.