Reporting to the Director Retail, the position is responsible for Micro banking innovation, Strategy Development and Implementation to exploit the tremendous potential for KCB. In addition to service the micro finance market profitably & to support the integration of the unbanked population into formal banking by offering targeted innovative financial products & services.
Key Responsibilities
- Conduct regular training needs assessment for the existing Branch staff and execute training to ensure that the staff’s capacity to handle the sector is rapidly developed. Key target people include the Branch Managers, the Branch Credit Staff and head office retail credit unit.
- Ensure constant monitoring of the micro loan portfolio & generation of reports to branch based micro finance staff for easier follow up of non-performing loans.
- Enforcement of the Loan arrears, monitoring and recovery procedures as per the industry’s best practice
- Monitor usage of managers lending discretions to ensure compliance with the micro lending policy and issue stop lend instructions to managers with high portfolio at risk.
- Setting & reviewing micro product growth targets and constantly review performance to ensure targets are being met.
- Regular interactions with the branches in terms of changing perceptions & mindsets by the Branch staff regarding the customers at the base of the economic pyramid.
- Ensure all customer feedback in particular customer complaints received are resolved appropriately.
- Review branch micro finance audit reports and coordinate appropriate corrective action to redress highlighted issues.
- Designing of appropriate products to meet the unique requirements of the microfinance clients
- Articulate & review regularly the market trends to enable adoption of industry’s dynamic new features.
- Ensure the financial targets are achieved through efficient utilization of the resources placed at the unit’s disposal
The Person
For the above position, the successful applicant should have the following:
- A university degree in a Business related field from an accredited university. Possession of a postgraduate degree or professional qualification in a related field will be an added advantage.
- At least 7 years’ experience in general banking with at least 4 years in a senior top Micro Banking management position or Small Medium Enterprises (SME).
- Good appreciation and knowledge of the Micro Banking Industry, latest market trends as well as challenges
- A good understanding of risk, credit policies and financial analysis.
The above position is demanding for which the bank will provide a competitive package for the successful candidates. 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 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 Nov. 14, 2014.
Only short listed candidates will be contacted.
JOB REF: RB 54/2014
