Posted:Tue at 12:38 PM
By:Hiring Kenya
Company Details
Industry:
Banking
Description:
I&M Bank is a wholly owned subsidiary of I&M Holdings Limited, a publicly quoted company at the Nairobi Securities Exchange (NSE). The bank possesses a rich heritage in banking. Started in 1974, it evolved from a community financial institution to a publicly listed major regional commercial bank offering a full range of corporate and retail banking services, 35 branches in Kenya and international operations in 3 other countries. I&M Bank is a dominant player in the Kenyan market that has been consistently growing, and is innovative in terms of the type and range of products and services it offers. CDC Group plc, a development finance institution wholly owned by the government of the United Kingdom owns approximately 10.68% of I&M Holdings, the holding company of I&M Bank Ltd. In addition, I&M Bank has a technical support agreement with International Finance Corporation for staff training, product development and risk management. I&M Bank also enjoys medium term foreign currency credit facilities from European Development Financial Institutions - Proparco, DEG and FMO. I&M Bank’s international correspondent banks include major multinational banks such as Bank One Ltd, Citibank NA, CommerzBank AG, Deutsche Bank AG, ICICI Limited Mumbai, Mashreq Bank PLC, Standard Bank of South Africa and Standard Chartered Bank NY. I&M Bank’s international network includes Bank One Limited (Mauritius), I&M Bank Tanzania Limited and I&M Bank Rwanda Specialties Banking Services, Commercial Banking, Asset Finance, Mobile Banking, Internet Banking, Investment Management Services, Diaspora Banking, Credit / Debit / Prepaid cards, Wealth Management
Job Description
Purpose
- The Quality Assurance (QA) Team Leader is responsible for leading the QA team responsible for overseeing the accuracy, timeliness, completeness, and regulatory compliance of operational processes across branch and central operations teams. This role is crucial in identifying risks, ensuring adherence to policies, and driving process improvements.
Key Responsibilities
- Lead the QA team to conduct independent reviews of operational activities, ensuring compliance with regulatory and internal policies.
- Develop and implement QA frameworks, statistical sampling methodologies, and risk-weighted sampling techniques for effective monitoring.
- Establish quality performance metrics and provide data-driven insights, identifying trends, root causes, and areas for improvement.
- Deliver regular reporting on QA findings and collaborate with stakeholders to implement corrective actions.
- Support audits and compliance assessments with quality assurance insights and documentation.
- Coach and manage the QA team, fostering a culture of quality and continuous improvement.
Person Specifications
- Professional Qualifications / Membership to professional bodies/ Publication
- (Desirable) Certification in Quality Assurance, Risk, Compliance, or Banking Operations (e.g., ICA, ACAMS, Lean Six Sigma).
- (Desirable) - Associate of Kenya Institute of Bankers AKIB also an option
Academic Qualifications
- Bachelor’s Degree in Business, Technology, Engineering, or a related field (MBA preferred).
Work Experience.
- Experience working in a risk, audit, or compliance-related function within a financial institution.
- Familiarity with QA frameworks, risk management principles, and internal audit methodologies.
Competencies
- Experience in a Quality Assurance, Risk, Compliance, or Operations leadership role within the banking sector.
- Strong understanding of banking operations processes, including branch and central functions.
- In-depth knowledge of regulatory requirements affecting banking operations.
- Analytical and detail oriented mindset with strong problem-solving and root cause analysis skills.
- Excellent communication and stakeholder management skills, with the ability to challenge and influence at all levels.
- Strong leadership experience, with a track record of managing and developing teams.
- Ability to work in a fast-paced environment with a focus on continuous improvement and operational efficiency.
Education: Degree, Diploma
Employment Type: Full Time