JKUAT Enterprises Ltd (JKUATES) is a state corporation fully owned by JKUAT. Through research, consulting, training, and innovation, we deliver tailored advisory services to both public and private sector clients.

Our client, in the financial sector, is seeking to recruit suitably qualified, experienced, result-oriented and highly motivated Kenyans to fill the following vacant position.

Key Duties and Responsibilities

• Providing technical advice to management on insurance fund management, sustainability, investment options, and fund diversification strategies.
• Formulating, implementing and reviewing policies, strategies, guidelines and procedures for fund management to ensure timely payment of protected deposits and increase coverage value.
• Developing strategies for growth, management and application of the Fund to promote public confidence and foster financial stability in the banking sector.
• Providing strategic leadership to the Corporation's Investment Committee to ensure prudent investment and steady fund growth toward the international target ratio of 3% of total deposit liability.
• Ensuring prudent fund investment to preserve capital, maintain liquidity, and ensure transparency and auditability of fund operations.
• Guiding application of risk-based premium assessment tools to determine banks' contributions and ensuring timely, accurate invoicing and collection of insurance premiums from member institutions.
• Overseeing production of regular reports on the fund's status, performance, and projections to stakeholders.
• Leveraging innovation, technology and business process re-engineering to enhance service delivery and address emerging global trends in fund management.
• Developing, implementing, monitoring and reviewing the Department's strategic agenda, annual budgets, work plans, procurement plans, performance contracts, and periodic reports.
• Implementing Quality Management Systems and ISO Standards for efficiency, process improvement and enhanced service delivery.
• Coaching, mentoring, training and developing departmental staff to ensure effective team performance.
• Implementing enterprise risk management policies and frameworks ensuring robust accountability, risk management, compliance and business continuity systems.
• Articulating policies and advising Government on fund and safety net fund matters focusing on financial stability.
• Identifying strategic collaborations and partnerships and developing resource mobilization proposals to grow the fund.

Requirements

For appointment to this grade, an officer must have:

• Cumulative period of fifteen (15) years’ relevant work experience, three (3) of which must have been in the grade of Assistant Director, Fund Management or in a comparable position.
• Bachelor’s degree in any of the following fields: Economics, Statistics, Accounting, Finance, Actuarial Science, Economics and Finance or any other equivalent qualification from a recognized and accredited institution.
• Master’s degree in any of the following fields: Economics, Statistics, Accounting, Finance, Actuarial Science, Economics and Finance or any other equivalent qualification from a recognized and accredited institution.
• Professional Accounting qualification in Certified Public Accountant (K) or relevant professional qualification.
• Certificate in Leadership course lasting not less than four (4) weeks from a recognized institution.
• Membership to a relevant professional body in good standing where applicable.
• A valid practicing certificate from a relevant professional body where applicable.
• Proficiency in computer applications.
• Demonstrated managerial, administrative and professional competence in work performance and results.

• Providing technical advice to management on insurance fund management, sustainability, investment options, and fund diversification strategies.
• Formulating, implementing and reviewing policies, strategies, guidelines and procedures for fund management to ensure timely payment of protected deposits and increase coverage value.
• Developing strategies for growth, management and application of the Fund to promote public confidence and foster financial stability in the banking sector.
• Providing strategic leadership to the Corporation's Investment Committee to ensure prudent investment and steady fund growth toward the international target ratio of 3% of total deposit liability.
• Ensuring prudent fund investment to preserve capital, maintain liquidity, and ensure transparency and auditability of fund operations.
• Guiding application of risk-based premium assessment tools to determine banks' contributions and ensuring timely, accurate invoicing and collection of insurance premiums from member institutions.
• Overseeing production of regular reports on the fund's status, performance, and projections to stakeholders.
• Leveraging innovation, technology and business process re-engineering to enhance service delivery and address emerging global trends in fund management.
• Developing, implementing, monitoring and reviewing the Department's strategic agenda, annual budgets, work plans, procurement plans, performance contracts, and periodic reports.
• Implementing Quality Management Systems and ISO Standards for efficiency, process improvement and enhanced service delivery.
• Coaching, mentoring, training and developing departmental staff to ensure effective team performance.
• Implementing enterprise risk management policies and frameworks ensuring robust accountability, risk management, compliance and business continuity systems.
• Articulating policies and advising Government on fund and safety net fund matters focusing on financial stability.
• Identifying strategic collaborations and partnerships and developing resource mobilization proposals to grow the fund.

• Proficiency in computer applications.
• Demonstrated managerial, administrative and professional competence in work performance and results.

• Bachelor’s degree in any of the following fields: Economics, Statistics, Accounting, Finance, Actuarial Science, Economics and Finance or any other equivalent qualification from a recognized and accredited institution.
• Master’s degree in any of the following fields: Economics, Statistics, Accounting, Finance, Actuarial Science, Economics and Finance or any other equivalent qualification from a recognized and accredited institution.
• Professional Accounting qualification in Certified Public Accountant (K) or relevant professional qualification.
• Certificate in Leadership course lasting not less than four (4) weeks from a recognized institution.
• Membership to a relevant professional body in good standing where applicable.
• A valid practicing certificate from a relevant professional body where applicable.