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Senior Product Manager, Cash Management

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Company Details
Industry: Banking
Description: Kenya Commercial Bank Limited is registered as a non-operating holding company which started operations as a licensed banking institution with effect from January 1, 2016. The holding company oversees KCB Kenya - incorporated with effect from January 1, 2016 - and all KCB's regional units in Uganda,ย Tanzania, Rwanda, Burundi, Ethiopia and South Sudan. It also owns KCB Insurance Agency, KCB Capital, KCB Foundation and all associate companies. The holding company was set up to among other things to enhance the Group's capacity to access unrestricted capital and also enable investment in new ventures outside banking regulations, achieve operational and strategic autonomy for the Group's operating entities and enhance corporate governance across the Group and oversight in management of subsidiaries.
Job Description

Key Responsibilities:

  • Drive product monitoring and control of Cash Management products in liaison with Cash Management BDMs, Relationship Managers and other relevant stakeholders.
  • Ensure implementation and cascade of all appropriate procedures in line with the requirements and process in ‘user’ units.
  • Ensure adherence to and application of established policies, processes, procedures and tools to achieve optimal efficiency, compliance and cost containment.
  • Stakeholder management to ensure alignment on delivery of Cash Management products.
  • Restructuring products when necessary and managing the restructuring process
  • Review existing products and continuously improve on them.
  • Formulate effective product documentation, policies and procedures, SLA’s to effectively deliver the envisaged propositions
  • Issue resolution in relation to Cash Management products together with the Product support team
  • Ensure implementation and cascade of all appropriate procedures in line with the requirements and process in ‘user’ units.
  • Contribute to the formulation of the sales budget/pricing process including concessions.
  • Conduct regular portfolio reviews to identify areas of improvement and develop tactical plans towards achieving set risk and compliance criteria.
  • Responsible for the implementation and adoption of all Compliance, Anti-Money Laundering and Sanctions related requirements contained in policies, procedures and processes within Cash Management products
  • Using available products, e-Channel & e-Commerce marketing/sales performance i.e. volume, pricing and related revenue, provide impactful recommendations based on internal data, external trends, competitive forces and technology advancements.
  • Provide regional strategic input for the Cash Management products.

For the above position the ideal candidate should meet the following requirements:

  • A Bachelors’ degree from a recognized University
  • At least 10 years work experience in Banking, five (5) of which should be in Transaction Banking or Cash Management solutions • 
  • Vast experience in product development, support, and implementation 
  • Commercial Awareness & Business Acumen: identify opportunities for revenue generation
  • Technologically savvy and appreciation of current ICT trends.
  •  Excellent research, analytical, and problem-solving skills.
  •  Experience in customer relationship management
  •  Integrity & courage to challenge actions within various business units and the status quo. 
  • Strong persuasion, management and communication skills 
  •  Excellent stakeholder management skills
  •  Creative approach, with the ability to anticipate challenges and develop innovative solutions.

 

Salary: Not specified
Otherpay: Benefits
Education: Diploma
Employment Type: Full Time
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