Job Title: Deputy Managing Director
Tenure: Full Time
Reporting to: Managing Director
Key Contacts: Chief Digital Officer
Head of Sales Coordination
Head of Portfolio Quality Management
Head of Marketing and Products
Head Enterprise (Corporate) Nairobi
Head of Enterprise (Corporate) Mombasa
Head of Business Banking
Head of Institutional Banking
Head of Asset Finance
Department: Business Development
Location: Nairobi
PROFILE INTRODUCTION
Our client in the banking industry is looking for an experienced Deputy Managing Director to spur company business growth and ensure it is in line with the strategy of the bank; Create, oversee and implement digital transformation of business and processes to enhance customer satisfaction, new product development and operational efficiencies; Business growth sustainability in line with stakeholder expectations on key parameters such as return on capital, market share, asset quality, staff productivity.
Key areas of Responsibility
Financial
- To attain desired ROE of the Bank
- To grow the loan book to be at 1.5x GDP growth rate and above
- To grow customer deposits at 1.25 x the loans growth rate.
- To reduce cost of funding on customer deposits
- To grow non-interest income especially on trade finance products
- To ensure high quality credit portfolio within acceptable risk parameters
- To grow the Bank’s clientele base in line with business plans
- To optimize account usage through products and systems
- To increase the equipment rate of clients to be within the Group requirement of 3 products per client
- To attain digital transformation of the Bank on services and processes
- To attain strong audit ratings
- To contribute to project scoping, design and testing to ensure market success of new products and services
- To contribute to the successful completion of business driven projects
- To manage staff turnover within acceptable norms and manage succession at all key positions
- To ensure well trained and mentored staff
- To identify talent and assist in the recruitment of productive business development staff
- To improve staff productivity on customer management and revenue generation
Key Responsibilities
- Business development growth and portfolio quality management
- Digital transformation and innovation of the Bank
- Corporate branding and awareness
- Product development, promotion and placement in the market
Business Competencies
- Teamwork
- Reliability
- Integrity
- Innovation
- Efficiency
- Tenacity
- Virtuous
- Resilience
- Energetic
- Pollyanna
MINIMUM REQUIREMENTS:
- Bachelor degree in relevant field preferably with a Master’s degree
- Professional qualification in any one of the following fields: Finance and accounting, ICT, HR, Marketing
- At least 10 years in a senior management role in Banking Sector
- Experience in business development in retail and SME banking, Corporate banking, transactional Banking, trade finance, and institutional banking
- Experience in capital adequacy management, business case reviews, business budget formulation and management.
- Knowledge on distressed assets management and remedial management
- Marketing and product development experience
- Experience in use of digital platforms for financial service provision and development
Stake holder management experience, including Board presentations, strategy communication to staff and clients, regulatory management.
How to Apply
https://stratostaff.co.ke/wp-content/plugins/bullhorn-oscp/#/jobs/96
