Kenya Commercial Bank Limited is registered as a non-operating holding company which started operations as a licensed banking institution with effect from January 1, 2016. The holding company oversees KCB Kenya – incorporated with effect from January 1, 2016 – and all KCB’s regional units in Uganda, Tanzania, Rwanda, Burundi, Ethiopia and South Sudan

KEY RESPONSIBILITIES:

• Develop funding plan modelling templates for assessing funding positions and liquidity requirements for all KCB subsidiaries.
• Review and challenge the funding and liquidity risk positions and funding plans of all subsidiary banking entities while providing a proactive view of potential funding risks and funding support required across the KCB group.
• Provide subject-matter-expertise to in-country Treasuries and Businesses on setting funding strategies and funding targets that should be considered and implemented to enhance Primacy and optimize funding costs.
• Lead FLM engagements with in-country Treasuries advising on strategic planning requirements; determining the foreign currency funding support required by KCB Group entities and preparing updates to the group ALCO and the Board as part of the integrated planning process.
• Review, challenge and be able to explain movements in funding and liquidity risk positions across KCB subsidiaries every month.
• Lead the engagement with Group TES to advise foreign currency requirements from other Group subsidiaries.
• Lead the engagement with Group Trading and Sales ensuring funding limits and exposures are effectively implemented and monitored, in support of Business growth and compliance with Board-level liquidity requirements.
• Co-ordinate the execution of all FLM related requirements such as contingency planning; CBK requirements; local regulatory and ALCO requirements across all subsidiaries
• Review, challenge and support Entity Treasuries with Internal Liquidity Adequacy Assessment Plan (ILAAP) submissions (where necessary) to regulators and support drafting and governance of Group ILAAP requirements (where necessary).
• Responsible for setting the KCB Group Asset and Liability Management process guidelines to for all the subsidiary Treasuries.
• Ensure subsidiaries achieve appropriate balance sheet risk profile within Group standards and risk tolerances by centralizing, netting and hedging all manageable risk via the respective subsidiary Treasuries.
• Measurement, analysis and interpretation of interest rate risk in the banking book
• Share guidelines for all structural analysis and adjustment of all balance sheet items while ensuring that all behavioural assumptions (including pre-payment assumptions) are in line with KCB Treasury guidelines.
• Responsible for Group ALM system development and steer ALM development and training across KCB group.
• Responsible for group Funds Transfer Pricing model development and steering FTP rollout and training across KCB group.
• Contribute to the development of the group Funds Transfer Pricing model including the steer of FTP rollout and training across KCB group.

MINIMUM POSITION QUALIFICATION REQUIREMENTS

Academic & Professional
Education 

• University Degree in Actuarial Science, Accounting, Business Administration, Statistics, Economics, Mathematics or any other relevant field RQ
• Masters Degree    Any relevant area    AA

Postgraduate qualifications/Professional Certifications    

• ACI Dealing Certificate RQ

Experience

Total Minimum No of Years Experience Required

• 6 years

Detail    Minimum No of Years    Need Type[2]

• Banking liquidity management    6    ES
• Funds Transfer Price Modelling    5    ES
• Balance sheet and funding management    5    ES
• Stakeholder management    5    ES
• FLM/ALM    3    ES
• Banking Finance    3    ES
• Senior Management Reporting    4    ES
• People Management    3    ES
• Risk Management    3    DE