Job Description
The role holder will formulate and execute strategies to drive group subsidiary’s funding operations through generation of funds for the Group and channeling the same to subsidiaries and coordinating inter-subsidiaries funding/lending.
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 Standby 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.
The Person
For the above position, the successful applicant should have the following:
• A bachelor’s degree in a business-related field.
• An ACI dealing certificate.
• At least 8 years’ experience in Treasury Liquidity Management.
The above position is a demanding role for which the Bank will provide a competitive remuneration package to the successful candidate. If you believe you can clearly demonstrate your abilities to meet the criteria given above, please log in to our Recruitment portal and submit your application with a detailed CV.
To be considered your application must be received by Friday 28th July 2023
Qualified candidates with disability are encouraged to apply.
Only short-listed candidates will be contacted.