KCB Head of Custody Services Job in Kenya

KCB is looking for a qualified individual to fill the following key position:
Head of Custody Services
Job Ref: CORP 01/2014
KCB is a leading banking group in Eastern Africa, renowned for its diversity and growth potential. 
The Bank commands the largest branch network in Kenya and has presence in Tanzania, Uganda, South Sudan, Rwanda and Burundi.

As a player in the global financial markets, the Group maintains working arrangements with correspondent banks throughout the world.

The Bank now seeks to recruit a Head of Custody Services to lead a team that is committed to drive business growth.
The Position: Reporting to the Director Corporate Banking Division, the job-holder will be responsible for executing the Custodial Services strategy, enhance business growth, drive initiatives that enhance client relationships and ensure operational efficiency and service delivery.
Key Responsibilities
  • Develop and drive the Custodial Services Strategy.
  • Spearhead the development and implementation of new Custody Services products.
  • Develop and lead KCB’s Facility agency business with respect to loan syndications, bond issues and other similar or related capital markets transactions in line with international industry standards.
  • Delivery of consistent seamless customer service through maintenance of high service standards, relationship Management and partnerships for the Custody business (customers, fund managers, brokers, regulators, administrators, stakeholders).
  • Enforcement of risk excellence and compliance requirements by co-ordinating internal and external audits for the unit, to ensure compliance with regulatory, audit and internal controls.
  • Maintain a high level of integrity and ethical standards commensurate with the requirements of market best practice.. Manage and mitigate risks associated with Custodial Services upto and including KGB subsidiaries.
  • Ensure all regulatory returns and any other information requested by the regulators are accurately compiled and submitted within the stipulated timelines.
The Person
For the above position, the successful applicants should have:
  • Bachelor’s degree and a Master’s degree in any business related field. 
  • Any Professional qualifications in ACCA, CPA (K) will be an added advantage.
  • Must have Custody Certification.
  • A minimum of 8 years’ experience in Corporate Banking, with at least 2 years in a management position with exposure in Custodial Services.
The above position is a demanding role which the bank will provide a competitive package for the successful candidate. 
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 24th January 2014.
Only short listed candidates will be contacted.

KCB is an equal opportunity employer.

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