3 Oct 2024

Property Alternatives Investment Manager at Co-operative Bank of Kenya

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Job Description

The Co-operative Bank of Kenya Limited is incorporated in Kenya under the Company Act and is also licensed to do the business of banking under the Banking Act. The Bank was initially registered under the Co-operative Societies Act at the point of founding in 1965

The Role

Specifically, the successful jobholder will be required to:

  • Actively lead engagements with clients in their property investment activities and maximise returns for real estate assets under management through the analysis of property/alternatives efficiencies and identifying opportunities for improved performance.
  • Work closely with various property/alternative service providers and consultants to provide direction and oversight of business plans and asset strategies for the properties. Negotiate third party contracts.
  • Create and maintain appropriate property/altenatives performance evaluation metrics and reports as well as evaluating the suitability of existing and proposed client property investments.
  • Provide pre-acquisition input in the due diligence process including review of financial and operating assumptions; model full life cycle financial analysis for each asset from acquisition to disposal; and manage the integration of assets post acquisition.
  • Lead and drive engagements with relevant regulators and real estate/alternatives professionals for purposes of product design, development and compliance.
  • Assist in development annual budgets in respect to rentals and services for CISL Clients.
  • Ensure that all risk management requirements within your remit are addressed and where necessary escalated through the available defined channels
  • Research and give viable proposals to changes in respect to space utilization new ways of service contracting, maintenance of premises, fittings etc. to meet present and future requirements within agreed timescales for further discussion with CIO CISL / respective client Boards.

Desired Skills and Experience

The successful candidate will be required to have the following skills and competencies:

  • Bachelor’s degree in Land Economics, Architecture, Building Economics, Geomantic Engineering or Real Estate with at least five years working experience in general property/alternative investments management.
  • Professional Certification –Must be a registered & practicing member of ICIFA.
  • Certified Financial Analyst (CFA) or CPA will be an added advantage.
  • Understanding of marketing and customer service principles coupled with knowledge on financial and accounting principles.
  • Personal organization and thoroughness coupled with the ability to work under minimum supervision with good Judgment and decision-making skills.
  • Pro-active in problem solving coupled with the ability to work under own initiative.
  • Good attention to detail, an ability to see the bigger picture and a head for figures, margins, budgets, and revenue
  • Demonstrated ability to negotiate, develop and leverage mutually beneficial relationships.


Method of Application

Submit your CV, copies of relevant documents and Application to:

[email protected]

Use job reference number PIM/CISL/2024 as the subject of the email

Closing Date : 17 October. 2024





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