Role Overview
The General Manager – KCB Trustee Services is a senior leadership role responsible for overseeing the strategy, operations, and growth of KCB Trustee Services. The role involves driving revenue growth, expanding market share, ensuring strict regulatory compliance, managing risk, and leading the development of professional trustee services.
Key Responsibilities
- Develop and execute comprehensive strategies to create new business opportunities for the Group in collaboration with senior management to accelerate revenue growth and build sustainable business.
- Responsible for growth of market share, while retaining existing client base.
- Prepare and make relevant returns to the Fiduciary Committee of the Bank and Regulators (RBA and CMA). Ensure that all the relevant returns are made to the regulators as stipulated by the Acts (i.e., RBA Acts and Regulations and CMA Act and Regulations) and all other regulations.
- Oversee the provision and development of trustee services in line with industry’s best practices.
- Ensure KCB Trustee Services operates in a cost-effective manner by proposing an annual budget for revenues and cost framework for activities.
- Responsible for growth of market share, while retaining existing client base.
- Establish guidelines to interact with service providers including custodians, administrators, banks, actuaries and auditors among others by KCB Trustee Services staff.
- Establish satisfactory risk framework, governance matrix and control procedures for business in compliance with regulatory authorities and compliance procedures.
- Establish a governing code of conduct, based on the CFA code of ethics for KCB Trustee employees and ensure the rules are observed. Ensure filing of returns to regulators is done on a timely manner.
- Motivate and develop KCB Trustee Services staff through capacity building to ensure competence, high professional standards and productivity.
Academic and Professional Qualifications
- Minimum bachelor's degree in relevant discipline.
- Trustee Development program of Kenya Certification.
- CISI Certification.
- CFA Certification.
- Master's degree in business or related field is desirable.
Experience Requirements
At least 10 years of relevant working experience is required. Specific experience breakdown includes:
| Detail | Minimum No of Years |
| :--- | :--- |
| Trustee Services Management | 8 |
| Portfolio Development & Management Strategies | 8 |
| Banking Operations & Management Systems | 5 |
| Capital & Money Markets instruments and transactions | 5 |
| Risk Management | 5 |
| Leadership Team Management | 5 |
| Business Development/ Relationship Management | 5 |