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, 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.
The Position:
The Strategy Division plays a key role in developing and executing the Bank’s comprehensive Vision, Mission and Strategic Objectives and will work closely with all other Bank Divisions and subsidiaries in this process. Reporting to the Head of Strategy, the role holder will provide advisory support to the business to enable them to improve or transform their businesses and achieve excellence.
Key Responsibilities:
- Gathering and analyzing information, formulating, and testing hypotheses, and developing and communicating recommendations.
- Manage the Group Strategic Planning and Consolidation Processes, overall liaison of template dissemination, engagement meetings, collation and presentation.
- Cascade of approved plan and monthly review against plan.
- Prepare Performance and Strategy Papers to the Board Committees, EXCO and GMC.
- Provide management of the overall strategy execution, working in conjunction with responsible line leaders and the corporate staff.
- Support target setting and own accepting any revisions or changes to the targets or the plans that support achieving the targets.
- Manage strategic initiatives validation, sizing and tracking and a Unit level.
- Provide on-going performance management of work stream sponsors, leads and initiative owners on the successful execution of the strategy.
- Provide Senior leaders with insights and challenge on the tactics and pathways they need to adopt to meet their strategic initiatives and targets.
- Develop and coordinate the regular input from the Bank stakeholders regarding the Organizations success factors.
Job Requirements:
- Bachelors’ Degree preferably in Finance, Accounting, Business, or a similar discipline
- Minimum 8 years’ experience in Strategy / Business Finance / Consulting or similar fields.
- Professional qualification in CPA (K), ACCA, CFA or MBA in Strategic Management is added advantage
- Strongly curious and questioning nature, with a “trust but verify” approach.
- Financial management experience; must be fluent in P&L, and balance sheet structure.
- The ability to bridge across multiple, often interdependent, initiatives and to highlight and manage dependencies.
- Experience of devising and implementing Business strategies involving quantitative analysis, conceptualization and communication of strategic solutions.
- Superior problem-solving skills and ability to work well under pressure in a demanding environment
- Exceptional drive and commitment striving for excellence.
- Ability to work effectively with people at all levels in an organization
- Highly self-driven, well-structured yet flexible, able to think strategically / end-to-end
- High level of agility, eager to develop new skills and areas of expertise
- Excellent verbal and written communication skills
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