Posted:1 hour ago
By:Hiring Kenya
Company Details
Industry:
Banking
Description:
Family Bank (formely Family Finance Building Society) was registered as a Building Society in October 1984 in Kenya, under the Building Societies Act and commenced operations in the early 1985. Family Bank converted into a fully fledged bank in May 2007 and the main driver for our conversion was theย need to offer a wider range of products and services to our customers.
Job Description
Key Responsibilities
- Partnership Development
- Proactively identify, evaluate, and pursue strategic partnerships with fintech’s, merchants, telcos, regulators, and other ecosystem players.
- Negotiate commercial terms, service level agreements, and joint go-to-market strategies that maximize mutual value.
- Build and sustain long-term, trust-based relationships that enhance Family Bank’s relevance in customer and partner networks.
- Continuously map the ecosystem landscape to spot emerging players, disruptive technologies, and potential collaborators.
- Customer Ecosystem Strategy
- Design and implement innovative models that embed Family Bank products into customers’ daily financial and lifestyle activities.
- Develop customer journey maps to identify integration points where ecosystem partnerships can drive adoption, loyalty, and retention.
- Champion customer-centric design thinking, ensuring solutions address real pain points and deliver seamless experiences.
- Collaborate with marketing and customer experience teams to position ecosystem offerings as differentiators in the market.
- Revenue & Growth
- Develop and execute ecosystem driven revenue models, including transaction fees, cross-selling opportunities, and bundled services.
- Establish clear KPIs for ecosystem initiatives (e.g., adoption rates, transaction volumes, partner contribution).
- Monitor performance metrics, analyze trends, and provide actionable insights to leadership on ecosystem ROI.
- Identify opportunities to scale successful pilots into enterprise-wide revenue streams.
- Innovation & Digital Transformation
- Partner with product managers and IT teams to co-create digital solutions that integrate seamlessly into ecosystem platforms.
- Drive experimentation with emerging technologies (e.g., APIs, open banking, biometrics, AI) to enhance ecosystem offerings.
- Benchmark against global best practices to ensure Family Bank remains competitive in digital financial services.
- Act as a thought leader, presenting ecosystem innovation opportunities to senior leadership and external stakeholders.
- Governance & Compliance
- Ensure all ecosystem partnerships comply with Central Bank of Kenya regulations, AML/KYC requirements, and the Data Protection Act.
- Develop and maintain governance frameworks for partner onboarding, due diligence, and ongoing risk management.
- Manage contracts, pricing structures, and performance obligations to safeguard Family Bank’s interests.
- Establish escalation protocols and monitoring mechanisms to address compliance breaches or operational risks promptly.
Key Competencies and Attributes
- Deep understanding of ecosystem lifecycle management and partnership development.
- Demonstrated experience in building and scaling ecosystems that deliver measurable business outcomes.
- Strong business strategy and market development expertise with advanced analytical and business modelling skills.
- Deep knowledge of digital financial services, open banking, APIs, and customer engagement models.
- Ability to create new business offerings from scratch via partnerships and strategic investments while focusing on market share and revenue growth.
- Strong understanding of the banking and regulatory framework in Kenya.
- Excellent communication, negotiation, and influencing skills across all levels of the Bank and external stakeholders.
- Strong analytical skills with financial and business planning experience, including budgets, financial models, and strategic analysis.
- Knowledge of emerging technologies, digital payments, and market dynamics.
- Leadership and People Management
- Actively partner with affiliate business heads and channel managers to grow ecosystem acceptance points.
- Provide timely and accurate feedback on project status, pipeline progress, and closure timeliness.
- Foster teamwork and cross-functional collaboration to deliver ecosystem initiatives.
- Risk, Process Control and Operational Performance
- Promote ethical and integrity standards within ecosystem partnerships.
- Manage risks associated with partnerships, including AML, KYC, credit, audits, regulatory, and compliance requirements.
- Ensure strong internal control systems are in place to minimize operational losses and franchise risk.
- Monitor adequacy and effectiveness of ecosystem governance frameworks.\
The Person: Qualifications, Experience and Personal Attributes
- Bachelor’s degree in Business, Finance, ICT, Economics, or related field from a recognized university.
- Minimum of 5 years’ experience in banking, fintech, or ecosystem management with proven success in partnership development.
- Inclusive and collaborative, driving teamwork and cross-team alignment.
- Strong discipline in business management, achieving growth targets, and operational excellence.
- Effective communication skills with ability to present complex ideas to diverse audiences.
- Deep understanding of digital transformation drivers, cyber security, platform capabilities, and
- solutions that generate partner growth.
Salary: Discuss During Interview
Education: Diploma
Employment Type: Full Time
Contact Information