Head, Asset Based Finance & Insurance Premium Financing
Full time @KCB Bank Kenya posted 4 hours ago in Business and Finance Shortlist Email JobJob Detail
-
Experience 8 Years +
-
Industry Finance
-
Qualifications Degree Bachelor
Job Description
Key Responsibilities
- To develop and lead the implementation of ABF & IPF sector strategy in line with the overall Corporate Banking Strategy.
- Develop an understanding of the market size, growth opportunity, market shares, potential customer profiles, competitors, and profitability of the ABF/IPF product(s). Based on the market opportunity, set the ABF/IPF market share growth strategies that include delivering and formulating budgets and targets. Communicate the value proposition of ABF/IPF products to the sales team, customers, and other relevant stakeholders
- Build effective cross-functional relationships (Corporate Banking Sector Heads, Product Management teams, Regional Managers, Credit, Legal, Risk, Operations)
- To provide technical ABF/IPF assistance to Relationship Managers to facilitate the closure of large/complex deals.
- Support in the digitalization/modernization of ABF/IPF.
- Drive the development of customized ABF/IPF products/ solutions
- Package ABF/IPF products to make them compelling, differentiated, and easy to buy/sell
- Manage and maintain a robust monitoring, controls, business continuity, governance, and risk management environment for ABF/IPF
- Proactively manage credit impairments in line with the relevant accounting and other regulatory standards
- Lead, develop, and direct the ABF/IPF Team to deliver the department’s financial and non-financial performance targets
Job RequirementsÂ
- A University Degree from a recognized university.
- 8 years of experience in a financial institution.
- 5 years of senior management experience in Corporate Banking, handling Asset-Based finance/insurance premium Financing and structured finance.
- 5 years’ experience in Credit Management and recovery.
- 3 years of experience in leading teams.
- Strong business development and relationship management.
- Track record of attaining targets for business growth and profitability in the financial services and banking sectors.
- Have appreciation and operating knowledge of the banking industry and regulation, market, trends as well as challenges.
- Sound understanding of statutory and regulatory requirements of corporate governance, business and banking operations.