Agency Distribution Lead (EBKL)

or Register to apply for this job
This Job has Expired
Company Details
Industry: Banking
Description: Equity Bank Limited (The "Bank”) is incorporated, registered under the Kenyan Companies Act Cap 486 and domiciled in Kenya. The address of the Bank’s registered office is 9th Floor, Equity Centre, P.O. Box 75104 - 00200 Nairobi. The Bank is licensed under the Kenya Banking Act (Chapter 488), and continues to offer retail banking, microfinance and related services. The Bank has subsidiaries in Kenya, Uganda, South Sudan, Rwanda and Tanzania. Its shares are listed on the Nairobi Securities Exchange and Uganda Securities Exchange. Equity Bank was founded as Equity Building Society (EBS) in October 1984 and was originally a provider of mortgage financing for the majority of customers who fell into the low income population. The society’s logo, a modest house with a brown roof, resonates with its target market and their determination to make small but steady gains toward a better life, seeking security and advancement of their dreams. The vast majority of Africans have historically been excluded from access to fin
Job Description

This role is accountable for reviewing agency applications and ensuring strict adherence to processes and procedures. This role involves overseeing the quality of approved agents and ensuring a strong agency presence to effectively deliver banking services to customers. Additionally, the Agency Distribution Lead is responsible for the strategic selection and approval of high-quality agents. 

Key Responsibilities: 

  • Review agency applications and ensure full compliance with established processes and procedures.
  • Collaborate with the legal unit to ensure the bank’s protection in agency agreements and applications.
  • Oversee the processing and documentation of agency relocations, transfers, exits, and terminations.
  • Ensure the bank’s adherence to CBK regulations and alignment with agency prudential guidelines.
  • Coordinate agency application activities between branches and other relevant support units to ensure comprehensive support for agency business operations.
  • Facilitate staff training on new agency products and processes.
  • Ensure recruitment of high-quality agents is conducted in full compliance with established policies and procedures.
  • Guarantee that the agent approval process is completed within SLA timelines.
  • Share timely market intelligence and trends to keep the team informed.
  • Perform any other duties as assigned by the team leader.

Qualifications

Academic and Professional Qualifications, Experience  

  • Bachelor’s degree in accounting, finance, banking or business-related fields from a recognized institution of higher learning.
  • Over 4 years of relevant working experience and must have worked in the Bank for not less than 2 years.
  • Experience in overall branch operations, especially cash, accounts opening, customer service etc.
  • Previous experience in agency banking –should be an added advantage.
  • Overall knowledge of what the Agency supervisor role entails.
  • Knowledge of AML, KYC and CBK Agency prudential guidelines.
  • Ability to identify and respond to customer and agents’ needs

Key Competencies & Skills 

  • Proficient in using computer spreadsheets with advanced skills.
  • Strong record-keeping and organizational abilities.
  • Excellent business marketing and sales expertise.
  • Collaborative team player with exceptional interpersonal skills.
  • Demonstrates professionalism, integrity, and ethical conduct.
  • Proven leadership experience with the ability to motivate and inspire others.
  • Strong analytical and problem-solving abilities with sound decision-making skills.
  • Financially astute with demonstrated financial analysis capabilities.
  • Ability to perform effectively under pressure, including long hours and frequent travel.
  • Excellent verbal and written communication skills.
  • In-depth knowledge of CBK Agency Prudential Guidelines.
  • Comprehensive understanding of competitor analysis and market trends.
  • Skilled at identifying and addressing customer and agent needs
Education: Degree, Diploma
Employment Type: Full Time

Recent Jobs