Head, Custody Services

Job Requirements

• Bachelors Degree
  
• CISI -completed Level 3
  
• Trustee Development Program of Kenya (TDPK
  

Detail Minimum No of Years

• Experience Area 1 (Banking Operations & Banking Operating Systems) 5
  
• Experience Area 2 (Capital & Money Markets instruments and transactions) 5
  
• Experience Area 3 (Managing teams) 5
  
• Experience Area 4 (knowledge of the Custody environment) 5
  
• Experience Area 5 (Relationship Management) 5
  

• Develop & execute the business strategy to achieve the unit’s targets & profitability
  
• Ensure for delivery of seamless customer service through maintenance of high service standards
  
• Manage & strengthen Relationship Management and partnerships for the Custody Services business (customers, fund managers, brokers, regulators, administrators, stakeholders)
  
• Enforce robust risk excellence and compliance requirements (regulatory, audit, internal controls)
  
• Drive growth of market share, while retaining existing client base.
  
• Lead, direct and develop a highly performing and motivated team
  
• Oversee budget control and effective cost management
  
• Ensure compliance with RBA, CMA, CBK, CDSC regulations with respect to provision of Custody Services.
  
• Develop and lead KCB’s Facility agency business with respect to loan syndications, bond issues and other similar or related capital markets transactions in line with international industry standards
  

DAILY RESPONSIBILITIES

• Oversee adherence to high operational standards and procedures
  
• Ensure all regulatory returns are accurately compiled and submitted within the stipulated timelines
  
• Ensure investment transactions are processed within the market timelines and SLAs
  
• Oversee the preparation of reports to custody services clients within the stipulated timelines
  
• Ensure appropriate representation and participation of KCB in Client Board Meetings and Annual General Meetings
  
• Provide guidance on best practices to the Custody Services Units in the Subsidiaries.