Senior Manager, Capital Management

The role holder will have an oversight and management of the Capital Management and driving Treasury Execution Services across KCB Group Banking Subsidiaries, funding strategy optimization and funding cost management. Ensuring effective compliance with local regulatory and group Board Capital requirements including enforcing the group dividend policy.

Key Responsibilities

• Ensure adherence to Group Capital Management policies and risk framework across the bank subsidiaries. 
• Develop Capital planning and modelling templates for assessing Capital ratios and requirements to deliver target RWA growth for all KCB bank subsidiaries. 
• Ensure adherence to the regulatory and internal capital requirements across the group and set clear escalation guidelines for breaches.
• Oversight to all capital applications (including SBL dispensations and guarantee applications) ensuring quality of applications and deliver board expectations by challenging and reviewing returns. 
• Optimize funding strategies and funding plans to support market share growth; returns and cost reductions, engaging with in-country and Group TES function on wholesale funding market capacity and opportunities.
• Working with the Group Treasurer on the issuance of short-term and long-term funding instruments (where appropriate) - Secured funding (securitization); Unsecured funding (senior and subordinated capital)
• Provide guidelines on the appropriate design and structure of the benchmark investment portfolio for each subsidiary. 
• Oversight, check and challenge all investment committees in subsidiary treasuries to optimize the sovereign investment strategies to enhance contribution to Group RoRC
• Review Capital plans from bank subsidiaries monthly. Clearly capture the forecast regulatory capital demand and supply across business units over the 3-year planning horizon. Check and challenge to ensure the capital position on the capital plan over the planning cycles meets the board and regulatory approved targets.
• Facilitate the determination of capital buffers and perform Cost of Equity calculations in line with KCB Treasury principles and methodology.
• Oversight Risk Weighted Assets (RWA) optimization initiatives. Challenge data inputs and engagement with in-country treasury teams to understand modelling capability and provide support.
• Assist in-country treasury teams in setting risk adjusted return hurdles. Challenge and review whether hurdle rates are met by evaluating pricing tools and assumptions.
• Support/lead the BAU Basel regulatory change initiatives. This extends beyond RWA reporting to the consideration of moving from Standardized to advanced (engaging with the credit modelling teams as appropriate)
• Review, challenge and support the Treasurers with Internal Capital Adequacy Assessment Plan (ICAAP) submissions to regulators. Coordinate the drafting and governance of Group ICAAP submission. 

The Person

For the above position, the successful applicant should have the following:

• A University Degree in Actuarial Science, Accounting, Business Administration, Statistics, Economics, Mathematics, or any other relevant field
• ACI Dealing Certificate
• At least 6 years’ experience in Treasury Execution Management.
• At Least 5 years’ experience in Funds Transfer Price Modelling, Investment portfolio management, and Stakeholder Management.
• At Least 4 years’ experience in Capital Management and Senior Management Reporting.
• At Least 3 years’ experience in Banking/ Finance, Risk Management and People 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 14^th June 2024

Qualified candidates with disability are encouraged to apply.

Only short-listed candidates will be contacted.