Head, Custody Services

KEY RESPONSIBILITIES

• Develop & execute the business strategy to achieve the unit’s targets & profitability 
• Ensure for delivery of seamless customer service through maintenance of high service standards
• Manage & strengthen Relationship Management and partnerships for the Custody Services business (customers, fund managers, brokers, regulators, administrators, stakeholders)
• Enforce robust risk excellence and compliance requirements (regulatory, audit, internal controls)
• Drive growth of market share, while retaining existing client base. 
• Lead, direct and develop a highly performing and motivated team 
• Oversee budget control and effective cost management 
• Ensure compliance with RBA, CMA, CBK, CDSC regulations with respect to provision of Custody Services. 
• Develop and lead KCB’s Facility agency business with respect to loan syndications, bond issues and other similar or related capital markets transactions in line with international industry standards

DAILY RESPONSIBILITIES

• Oversee adherence to high operational standards and procedures 
• Ensure all regulatory returns are accurately compiled and submitted within the stipulated timelines
• Ensure investment transactions are processed within the market timelines and SLAs
• Oversee the preparation of reports to custody services clients within the stipulated timelines
• Ensure appropriate representation and participation of KCB in Client Board Meetings and Annual General Meetings   
• Provide guidance on best practices to the Custody Services Units in the Subsidiaries.

Job Requirements

• Bachelors Degree 
• CISI -completed Level 3
• Trustee Development Program of Kenya (TDPK

Detail  Minimum No of Years

• Experience Area 1 (Banking Operations & Banking Operating Systems)     5
• Experience Area 2 (Capital & Money Markets instruments and transactions)     5
• Experience Area 3 (Managing teams)     5
• Experience Area 4 (knowledge of the Custody environment)     5
• Experience Area 5 (Relationship Management)     5