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Regional Manager – Nairobi Region at Sidian Bank

5 months ago


Nairobi, Kenya Sidian Bank Full time

At Sidian Bank, we recognize the significant accountability and inherent risks that an entrepreneur takes to make his ideas and dreams a reality. It is for this reason that our mission is to empower entrepreneurs to create wealth through provision of transformational financial solutions that meet entrepreneurs needs and facilitate growth through convenience and choice.
JOB PURPOSE
The job holder will be responsible for identifying new business opportunities and growing business through the branch network in all areas of Branch Banking. He/she will also help in identifying suitable partnerships that provide business opportunities in branches and also provide administrative support for the departmental HQ activities.
KEY RESPONSIBILITIES

Business Development
Monitoring and Reporting
Market Intelligence
Risk & Compliance

Business Development

Enhance profitability of existing and new client relationships by promoting new products and product enhancement;
Actively market and develop the Branch Banking and Partnership products to existing and prospective clients within the branch location;
Continuously conduct market research and competitor analysis to identify new business opportunities.
Manage relationships of key accounts while tapping on their shared wallet through cross selling at least 5 products.
Maintain a comprehensive understanding of the branch customers business plans, financial projections and support requirements.

Monitoring and Reporting

Monitor the performance of Branch Banking and partnerships to ensure that they operate according to the agreed lending terms.
Provide management with periodic updates on performance of Branch Banking and partnerships to guide management in decision making.
Provide regular call reports for all facilities to enhance our Monitoring & Evaluation.

Market Intelligence

Identify capacity building needs and recommend possible assistance for microfinance partners;
Provide technical advice and training to Branches and partnerships where areas of improvement are identified.

Risk & Compliance

Ensure that all customers onboarded to the bank meet the minimum criteria and are screened adequately considering the Banks AML/CFT/CPF guidelines and escalation of any suspicious accounts.
Continuously monitor customer transactions in the context of the  profile of the customer and properly document the background and purpose of all complex, unusual, large transactions, and all unusual patterns of transactions, which have no apparent economic or visible lawful purpose.
Ensure that customer accounts are suitable for purpose e.g. avoid opening children’s accounts for normal day to day transactions as opposed to opening a current account.
Prior to Customer on boarding, ensure that a potential client has been screened, account  opening form is duly completed and all  required documentation as per the account opening policy obtained.
Ensure that verification is done as to the identity of the customer, documentation used to open an account, and conducted transactions during the customer journey.
Ensure that all transaction forms are filled to completion and properly reviewed. Where information provided is not reasonable, a suspicious transaction report should be raised immediately as per process indicating the basis of suspicion
Responsible for immediately alerting the MLRO  on  suspicious transactions or activities noted in  customers’ accounts. Any inconsistent activities or transactions, any suspicious accounts, any attempted accounts or transactions, must be investigated and reported to the compliance function immediately, placing a clear basis of suspicion.
Identify any high-risk accounts such as Politically Exposed Persons (PEP) at point of account opening and at execution of transaction continuously, given the dynamic nature of such high-risk accounts . Forward the details of  such high-risk customer(s) and any PEP/PEP Related persons  noted   to senior management for approval.  Ensure that such accounts have all the requisite documents such as updated annual EDDs, are marked as high risk in the system and the reason for high risk rating properly indicated.
Identify customers in portfolios that require an update of profiles in a timely manner and ensure that the changes are maintained in the system and are up-to-date.
Ensure that UBO information is obtained and captured in AODs and core banking  at point of account onboarding and throughout the customer journey.
Ensure accurate and complete data has been captured in the system and that customers are properly risk rated or categorized as per bank policy on customer categorization as high, medium or low, and ensure that timely KYC update is done for the various risk categories of clients as per regulatory requirements
Ensure that the transactions contain the full details and the relevant  supporting documentation and authorizations are in place where required. Where information provided is not reasonable, a suspicious transaction report should be raised immediately as per process indicating the basis of suspicion.

DECISION-MAKING AUTHORITY

The Regional Manager in their course of work, make regular client visits to review business requirements, assessing assets and securities held or offered and obtaining related financial documents to be able to put forward any borrowing requests from clients and making recommendations for consideration by approving authorities;
The Regional Manager is charged with conducting reviews and renewals of existing portfolio managed relationships for Banking Facilities and any banking service requirements and making recommendations for consideration by approving authorities;
Processing ad-hoc/additional/new requests/excesses under managed portfolio and making recommendations for consideration by approving authorities

REQUIREMENTS
ACADEMIC BACKGROUND

University degree or above in a relevant business discipline e.g. business administration or finance.
Master’s degree will be an added advantage.

WORK EXPERIENCE

At least 8 years’ experience in banking.
Sound knowledge of Business Banking/SME products, services and processes together with exposure in retail banking branch operations.

SKILLS & COMPETENCIES

Excellent communication and interpersonal skills;
Excellent Business Presentation skills;
Good financial analysis skills;
Excellent problem solving and decision-making skills;
Knowledgeable in credit, legal (conveyancing) and lending knowledge;
Knowledge of banking processes and Banking Law;
Demonstrate an understanding of the Banking Act, CBK prudential guidelines and credit policies;
Strong negotiation and networking skills;
Good performance track record in business development;
Strong innovative and creative thinking skills.

PROFESSIONAL CERTIFICATION

Diploma in Banking – AKIB (added advantage)