The Youth Enterprise Development Fund is a State Corporation under the Ministry of Public Service, Youth and Gender Affairs established to address the challenge of youth unemployment in the country.
The Fund provides loans and business development services to youth owned enterprises.
Credit Manager
Ref: CM/1/2016
Responsible to: Lending Manager
Purpose of Job: Reporting to the Lending Manager, the Credit Manager, will head the Credit Unit and be responsible to providing efficient and effective service to the YEDF in the successful vet, approve and disburse loans.
Key Responsibilities
- Coordinating all aspects on lending cycle for the Funds Credit Products, by liaising with Senior Credit Officer, and other officers both in Head Office and in the field.
- Identifying and appraising prospective Financial Intermediaries for partnership with the Fund, Monitoring the operations of the contracted intermediaries and advising management on their performance.
- Identify and enlist the support of key stakeholders in monitoring and recovery of loans to ensure quality loan portfolio.
- Continuously reviewing the Funds products and Lending strategy and advising management on appropriate action.
- Respond to any queries on issues relating to the youth Enterprise Development Fund
- Formulation and implementation of lending policies, procedures and best practices
- Monitor and evaluate all activities in relation to lending
- Review and design market led loan products on a regular basis
- Ensure efficient and secure maintenance of loanees’ information in the management information system
- Ensure preparations of monthly and quarterly reports.
- Offer financial advisory services to beneficiaries of the Fund’s services.
- Take necessary actions to recover overdue loans.
Qualifications
- A minimum of a Bachelor’s degree in a business related field, preferably in Finance, Accounting or strategic management from a recognized university.
- Holders of an MBA will have an added advantage.
- Over 5 years’ experience in credit operations at a senior level in a reputable Financial or Microfinance institution.
- Specialized training in credit, microfinance or accountancy will be an added advantage
- Possession of good analytical and reporting skills
- Ability to understand the key issues affecting the youth in Kenya.
- Possess good interpersonal skills to interact with key stakeholders.
- Possess good leadership skills with ability to manage others.
The prospective candidate shall provide evidence of compliance with the following:
- High integrity and meet the requirements of chapter 6 of the Constitution of Kenya 2010
- Higher Education loan’s Board (HELB) clearance certificate
- Certificate of Good Conduct (Criminal Investigation Department Clearance)
- Kenya Revenue Authority (KRA) tax compliance certificate
- Ethics and Anti-corruption commission clearance certificate.
- Credit Reference Bureaus clearance
Supply Chain Manager
Ref: SCM/1/2016
Responsible To: Chief Executive Officer
Responsible To: Chief Executive Officer
Purpose of Job: Reporting to the Chief Executive Officer the Supply Chain Manager, will be responsible for providing efficient and effective service to the YEDF in the successful procurement of goods services and works.
Key Responsibilities
- Prepare documentation, undertake tender exercises and arrange the formal execution of contracts to enable goods, services and works to be supplied to customers throughout the Fund.
- Undertake the evaluation and analysis of tenders; prepare summary reports and recommendations to facilitate the effective award of business.
- Oversee the letting of contracts awarded to ensure that formal documentation is assembled and auctioned
- Provide advice and guidance to all staff and Departments on contracting to ensure full compliance with policy and regulations.
- Establish and actively monitor designated contracts to ensure customer needs are met and that supplies obligations are fully discharged.
- Maintain effective liaison with the legal Department in respect of contract issues, ensuring that documents are legally vetted, including processing single tender applications to enable contracts for proprietary goods and services to be let.
- Coordinate the formal vetting of prospective tenderers to determine their suitability for trading.
- Undertake negotiation with suppliers to resolve disputes, arrange contract variations and enforce contractual obligations.
- Monitor designated Fund contracts to provide effective support to customers during the implementation, review and renewal of such contracts
- To be familiar with supply markets and routinely undertake supply market research and analysis to ensure that the commercial risk to the Fund is minimized, and commercial opportunities are identified.
- Contribute to the development, implementation and delivery of the annual Departmental service plan, key performance indicators, and the Fund procurement strategy
Qualifications
- Must have a university degree in any of the following fields: Procurement, Business Administration, Finance, commerce, economics or strategic management or any other relevant fields,
- Must have a master’s degree n the same field.
- Possession of procurement professional diploma or equivalent in procurement field course
- Be a member of KISM
- Must have progressive work experience of 6 years dedicated to providing substantial works and service contracts.
- Must be familiar with Public Procurement and Asset Disposal Act 2015.
The prospective candidate shall provide evidence of compliance with the following:
- High integrity and meet the requirements of chapter 6 of the Constitution of Kenya 2010
- Higher Education loan’s Board (HELB) clearance certificate
- Certificate of Good Conduct (Criminal Investigation Department Clearance)
- Kenya Revenue Authority (KRA) tax compliance certificate
- Ethics and Anti-corruption commission clearance certificate.
- Credit Reference Bureaus clearance
Company Secretary
Ref: CS/1/2016
Responsible to: Chief Executive Officer
Responsible to: Chief Executive Officer
Job Purpose: To handle litigation, arbitrations / court cases by instructing and liaising with external advocates to ensure the Fund does not incur, or mitigate against losses from suits.
The successful candidate will be responsible for assisting and supporting the Chief Executive Officer by ensuring that the Youth Enterprise Development Fund Board adheres to all legal requirements that govern business operations.
He/ She will provide Legal support to management, Business Units as well as the Fund subsidiaries.
Key Responsibilities
- Ensure full compliance with the law, legislative issues, policies and procedures as stipulated by the statutes with a deep understanding of the competition and economic regulatory legislation in Kenya and the region.
- Oversee the preparation, vetting and negotiation of contracts, formal agreements and other legal instruments to meet the laid down requirements for execution.
- Ensure safe custody of the Fund’s instruments and documents such as organization seal, charged documents and suit papers, and ensure confidentiality and privacy of all legal data of the organization
- Coordinate the preparation of agendas of Board of Directors and implementation of action points
- Conduct legal research, investigations, preparation of witness for pre-trial and hearing, develop concept papers, prepare legal briefs and opinions as well as develop effective defense strategies, arguments and testimony in preparation of legal proceeding of cases in liaison with external lawyers.
- Instruct external lawyers to ensure that the Fund’s interests are adequately and promptly represented.
- Prepare, compile and maintain the requisite case management reports for the various committees within the Fund.
- Represent the Fund in courts, tribunals, arbitrations and other legal matters and to ensure the Fund does not incur losses.
- Peruse and interpret legislation and other legal instruments and advise the Fund accordingly
- Provide secretarial services to the Board including ensuring that the Board work plan is prepared and adhered to, circulating board papers in advance of the meeting, keeping a record of attendance at meetings, keeping safe custody of the seal and a record of its usage, and preparing the Board for annual general meetings where applicable.
- Provide guidance to the Board and Board members individually on their duties, responsibilities and powers and how these should be exercised in the best interests of the Fund;
- Ensuring that Board procedures are followed and reviewed regularly, and that the Board complies with the Law, rules and regulations
- Must have a Bachelor of Law (LLB) degree from a recognized university and be an advocate of the High Court of Kenya with a current practicing certificate.
- Must be a qualified Certified Public Secretary (CPS K).
- A Master’s Degree will be an added advantage
- At least 6 years practical work experience in a busy Public/ Private organization, 3 years of which should be in a senior management level.
- Experience in a Banking/Financial/Commercial institution will be an added advantage.
- Must be analytical with good management skills and ability to work with minimum supervision.
- Must be self-motivated with strong interpersonal skills
- Must have strong influencing and negotiation skills
- Knowledge of provisions of the Banking Act, Central Bank of Kenya, Capital Markets Authority, and The Companies Act
- Knowledge of developments in legal practice and statutory amendments that are likely to have an impact on the Fund’s operations
- High integrity and meet the requirements of chapter 6 of the Constitution of Kenya 2010
- Higher Education loan’s Board (HELB) clearance certificate
- Certificate of Good Conduct (Criminal Investigation Department Clearance)
- Kenya Revenue Authority (KRA) tax compliance certificate
- Ethics and Anti-corruption commission clearance certificate.
- Credit Reference Bureaus clearance
- Providing leadership, selling and executing the overall business strategy of the Fund and implementing its strategic plan as well as programmes in support of the Funds strategic direction,
- Formulating operational policies, their advocacy and entrenchment, as well as aligning the Fund’s objectives to the National goals as outlined in the Kenya’s Vision 2030.
- Undertaking institutional risk management, design fund raising strategies for the Fund and negotiate with the government and development partners.
- Provide leadership in the development of innovative initiatives; establish strategic partners (Both local and international), with specific emphasis on increasing pro - youth entrepreneurial investments and youth empowerment interventions.
- Provide overall leadership and management of the operations of the Fund under the guidance of the Board.
- Ensure compliance and implementation of Board policies.
- Provide overall administration and coordination of the day to day affairs of the Fund
- Responsible for product development and implementation
- Oversee the design and marketing of the organization’s products, services and programmes.
- Facilitate the preparation and implementation of annual work plans procurement plans, budgets, goals and objectives.
- To prudently manage the Funds resources within those budget guidelines according to the organizational policies and government laws and regulations.
- Ensure maintenance of effective External/Internal controls so as to safeguard the Fund’s assets and oversee the annual/quarterly or ad hoc financial audit processes as required in the financial audit processes.
- Effectively manage the Fund’s human resources in line with the approved Human Resource policies and procedures that fully conform to current laws and regulations. The CEO will also facilitate the adequate availability and development of the Human Resource.
- Ensure that the Fund’s Vision. Mission, programmes, products and services are consistently presented in a strong, positive image to relevant stakeholders
- Sound personal attributes of leadership.
- Tact, negotiation and decision making skills
- Proven performance management/contracting skills.
- Knowledge in quality management systems.
- Good communication skills, presentation skills strong interpersonal, analytical, organizational and team leadership capabilities and high professional and ethical capability.
- Should demonstrate high emotional intelligence.
- Understanding of Public Sector, Fund Management and Devolution will be an added advantage
- Demonstrate Leadership skills in Strategic Planning and Management
- A Bachelors and a Master’s Degree from a recognized university; in Business Administration, Strategic Management, Economics, Social Sciences and Finance.
- Candidates must demonstrate their experience in Strategy Formulation and Implementation, Operation Management. Budgeting and Budgetary Control, Risk Management and Building Partnerships.
- A minimum of 6 years progressive experience at a Senior Management position in a reputable organization in the public or private sector.
- Thorough knowledge of Government Financial Management and Procurement Regulations, Policies and Procedures is necessary
- Experience in Micro, Small and Medium Entrepreneurship Development and/or in a Development or Financial or Risk Management will be an added advantage.
- Experience in Quality Management Systems.
- High integrity and meet the requirements of chapter 6 of the Constitution of Kenya 2010
- Higher Education Loans Board (HELB) clearance certificate
- Certificate of Good Conduct (Criminal Investigation Department Clearance)
- Kenya Revenue Authority (KRA) tax compliance certificate
- Ethics and Anti-Corruption commission clearance certificate.
- Credit Reference Bureau clearance
Qualifications / Experience
Job Specification (Expected Skills / Attributes)
The incumbent will be required to possess the following attributes:
The prospective candidate shall provide evidence of compliance with the following:
Chief Executive Officer
Summary of Responsibilities
Under the general oversight of the Board of Directors, the Chief Executive Officer will be responsible for:
Specific Duties and Responsibilities
Personal Competencies
Prospective applicants will be expected to demonstrate:
Minimum Job Requirement, Education and work experience
The prospective candidate shall provide evidence of compliance with the following:
Remuneration: Remuneration will be dependent on the professional background, experience and recommended remuneration and benefits for Chief Executives of State Corporations.
How to Apply
If you believe you fit the required profile, please send your application, a detailed Curriculum Vitae and all relevant testimonials stating the current position, current remuneration, expected salary, email address and telephone contacts.
All applications are also expected to quote the reference number on the envelope YEDF/CEO/1/2016 and provide postal, telephone and email contacts of three references.
Applications should be received by 12th August 2016.
All applications should be addressed to:
The Chairman
Youth Enterprise Development Fund
P.O. Box 48610 — 00100
Nairobi
Youth Enterprise Development Fund is an equal opportunity employer.
Potential male and female candidates with disabilities are encouraged to apply
