KCB Documentation manager vacancy

KCB Documentation manager vacancy

Job Purpose
Reporting to the Legal Documentation Manager, the position will be responsible for handling perfection of Legal/Credit Documentation relating to approved facilities by providing high level quality support to Credit Division, business teams and related units while providing independent control over the credit documentation process.

Key Responsibilities
• Issuance and processing of Banking Facility Letters upon receipt of duly approved
Credit Approval, observing turn-around time and high standards of accuracy.
• Ensure the appropriate security documentation on the Bank’s Standard forms have been properly prepared before dispatch to the customer.
• Issue Compliance Certificate jointly with the Senior Manager, Documentation within agreed TAT on receipt of the last outstanding security document.
• Liaising with external legal counsel and other service providers on security documentation process and ensuring that security documentation and other conditions of sanction have been perfected/ completed prior to authorizing the drawdown of facilities (unless there is a waiver in place).
• Liaising with Branch Managers on all outstanding approval conditions and answering all queries relating to pending compliance certificates
• Issue deficiency reports upon receipt of Credit Approval and/or duly accepted Letters of offer.
• Prepare instructions to and follow up Banks external lawyers in the preparation of security documents on behalf of the Bank
• Processing of instructions by business for limit realignment.
• Confirmation that security documents have been perfected and that all completion documents are in place prior to advising on lodgement of securities.

The Person
• Law degree from a reputable learning institution
• Advocate of the High Court of Kenya with a current practicing license
• 3 years post admission experience
• 3 years’ experience in handling general legal matters in a reputable institution/legal firm
• Must have a minimum of 2 years practical experience in credit documentation
• Must have excellent facilities drafting skills
• Must have good knowledge of all bank’s products on offer for retail customers
• Must have the ability to prioritize work and deliver high quality output within tight deadlines
• Must have attention to detail
• Must have ability to thrive under work pressure
• Must have high follow through ability
• Must have strong interpersonal, negotiating and communications skills
• Should have excellent organisational skills and analytical and computer skills

The above position is demanding for which the bank will provide a competitive package for the successful candidates. If you believe you can clearly demonstrate your abilities to meet the criteria given above, please submit your application with a detailed CV, stating your current position, remuneration level, e-mail and telephone contacts quoting the job title/reference in the subject field to recruitment@kcb.co.ke.

To be considered your application must be received by Aug. 22, 2014.
Only short listed candidates will be contacted.

JOB REF: CS 09/2014

KCB Foreign exchange trader vacancy

KCB Foreign exchange trader vacancy

The Position
Reporting to the Head of Foreign Exchange trading – Treasury Division, this position calls for proactive position taking on the spot, swap and forward books in order to generate income from FX Trading.
Key Responsibilities
• Drive foreign currency trading in major currencies- proprietary trading.
• Drive Market making in USDKES and other currencies where applicable.
• Provide competitive quotes to the FX sales team and cover client flows
• Counter party Limit exposure management
• Ensure Technical analysis for profitable position taking.
• Relationship management with counter parties and regulators.
• Interpretation of market fundamentals for proper positioning of the spot, swaps and forward books.
• Gather market intelligence and offer advisory to the other desks on global and regional markets
• Positions and profit reconciliations in liaison with market risk, finance and back office departments.
• Liaise with other subsidiaries on maximization of group trading income
The Person
• Bachelor’s Degree in any Business related field from a recognized University.
• Certified Foreign Exchange and Money Market Dealer (ACI).
• Master’s Degree in Business related field will be an added advantage.
• A Bachelor’s degree in a business related field or Mathematics.
• Possession of ACI dealing certification
• At least four (4) years of general banking experience of which two (2) years at Managerial position which should have been spent in busy dealing room.
• Good knowledge of risk management and its application to financial markets.
• Thorough Knowledge of the end-to-end processes of Treasury products and services.
• Experience in using FX trading platforms.
• Analytical skills and excellent flair for numbers.
• Good negotiation skills.
• Excellent Team player


The above position is a demanding role which the bank will provide a competitive package for the successful candidate. If you believe you can clearly demonstrate your abilities to meet the criteria given above, please submit your application with a detailed CV, stating your current position, remuneration level, e-mail address and telephone contacts quoting the job title/reference in the subject field to recruitment@kcb.co.ke .

To be considered your application must be received by Aug. 29, 2014.
Only short listed candidates will be contacted.

JOB REF: TREASURY 03/2014

Why employees prefer male bosses?

Why employees prefer male bosses?

"My last boss was a woman. All she did was micromanage everyone."
"Every woman boss I've ever had was extremely passive-aggressive in their leadership."
"It (was) much easier being managed by a male because he didn't put up with the pettiness or the gossip."
Sorry, ladies of the working world. Those are comments we received in response to my recent peace about how companies with more women in C-suites and corporate boards do better financially.
But so many commenters said they absolutely preferred working for a man, we knew we had to explore the "why" behind that sentiment.
Then this week, the Gallup organization added some numbers -- and fuel -- to the debate.
'I'm not surprised'
In telephone interviews with a random sample of 2,059 adults, Gallup found that people still prefer a male boss over a female, with 35% choosing to work for a man and 23% saying they prefer women supervisors. It's the highest-ever number recorded for women bosses since Gallup has been asking.
When you compare these results to the 1953 responses -- that's when Gallup first asked this question -- the gap has narrowed significantly. In 1953, 66% chose a male boss and 5% picked a female one, a huge gap that has been reduced to a 12-point difference today.
"I think it's great to see that trend, so I'm very encouraged by it, but I'm not surprised that it's still a 2-to-1 ratio of people preferring to work for men than women," said sociologist and workplace consultant BJ Gallagher, who has written several books, including a best-seller on diversity called "A Peacock in the Land of Penguins."

Topping the list of reasons, according to Gallagher, is the fact that
1. Men still have more power in the workplace than women.
"If you had your druthers, you'd rather work for somebody who has some influence, some power, some clout, some status and that's true for men and women," Gallagher said.
"It trickles down so that if you work for a powerful boss, you're a little bit more powerful. Your whole department is seen in a more positive light if the boss is a powerful (and) influential person," she said.
'How to Tell a Male Boss From a Female Boss'


2.In conversations with Gallagher and other experts, it's clear another factor is at work -- the real stereotypes that exist about working for a woman.
"It's an old stereotype that women may not be good bosses so when that happens, it sticks," said Susan Nierenberg, vice president of global marketing and corporate communications for Catalyst, a nonprofit focused on expanding opportunities for women in business. "Because the stereotype is in the water, and there are fewer women leaders than men, you may remember the woman who treated you badly and say, 'Oh yeah, I remember her.' And it reinforces the stereotype.
"Perception is not reality, and stereotypes are perceptions."
Gallagher has created a list titled "How to Tell a Male Boss From a Female Boss”with examples of perceived gender differences -- "A male boss is assertive; a female bossy is bossy" and "A male boss is attentive to details; a female boss is picky."

Feel free to add more on http://ejobmarket.blogspot.com

This article is courtesy of

cnn.com/2013/11/13/living/identity-gallup-male-boss-female-boss/