Centralized Funding Dealer at KCB Bank Kenya
JobWebKenya
Accounting, Auditing & Finance
Job Summary
Job Description/Requirements
Job Description
Kenya Commercial Bank Limited is registered as a non-operating holding company which started operations as a licensed banking institution with effect from January 1, . The holding company oversees KCB Kenya – incorporated with effect from January 1, – and all KCB’s regional units in Uganda, Tanzania, Rwanda, Burundi, Ethiopia and South Sudan. It also owns KCB Insurance Agency, KCB Capital, KCB Foundation and all associate companies. The holding company was set up to among other things to enhance the Group’s capacity to access unrestricted capital and also enable investment in new ventures outside banking regulations, achieve operational and strategic autonomy for the Group’s operating entities and enhance corporate governance across the Group and oversight in management of subsidiaries.
KEY RESPONSIBILITIES:
To coordinate all the existing and approved lines across the subsidiaries to ensure optimization of borrowings and lending within the Group. To coordinate funding for subsidiaries by KCB Group. To coordinate regional currencies funding for KCBK. In liaison with other stakeholders arrange for long term funding. In liaison with FI, create Money Market Revolving lines with global banks. In liaison with FI, create Stand By Letters of Credit (SBLC) to support Money Market Revolving lines where the same is required. In liaison with Group Finance Director, arrange for longer term borrowings from offshore banks and DFIs for subsidiary support. Advise on subsidiary liability planning, pricing, and market trends. Ensure funding is appropriately priced based on tenor and country risk. Coordinate with Market Risk to review and keep to date inter-subsidiary limits. Matrix reporting of P&L from resultant transactions.Academic & Professional
Particulars/Detail/Specific Field or Qualification/Need Type
Education
Bachelor’s Degree Business field RQProfessional Qualifications
ACI Dealing certificate RQ Master’s Degree Management and Business related AAExperience
Total Minimum No of Years Experience Required 10 yearsDetail/Minimum No of Years/Need Type
Treasury Liquidity Management 8 RQ Credit Management 3 DE Treasury Back Office 3 DE Trade Finance 3 DEImportant Safety Tips
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