SBM Bank Workplace Banking - Intern Jobs in Kenya

SBM Bank Workplace Banking - Intern Jobs in Kenya



Job Summary:

The role will also implement business strategy for the monitoring and growth of the Workplace banking scheme customers by providing pro-active management of all schemes to ensure that the customers utilize the facilities, loan repayments are up to date, liaising with the HR managers for check-off deductions and assisting in cross-selling to ensure that the customers utilize as many SBMK products/channels as appropriate.

Key Responsibilities:

Sales and Business Development

  • Full responsibility for all product lines and all sales and business development for the schemes business.

  • Develop business opportunities and monitor Monitoring scheme loans/check off performance for each scheme on monthly basis with a view of increasing the utilization and minimizing default and ensure that the Bank remains competitive and promptly reacts to changing market conditions and customer needs.

  • Ensuring that SBM Bank deductions for global check offs are adopted and following up on any that have not been adopted.

  • Deliver and collect confirmed customer loan applications that require employer sanction/confirmation.

  • Follow up on Scheme loan repayments/Check off/Salaries.

  • Gathering market intelligence on Scheme arrangements to maintain a competitive edge for the bank.

    Risk Management]

  • Work closely with risk and compliance units to ensure effective controls to mitigate against operational and business risks.

  • Ensure implementation and compliance with operational policies and procedures, AML/CFT Policy.

  • To ensure Bank policies and procedures are followed – Consistency in adherence to KYC & AML guidelines and application of established policies, processes and tools to achieve optimal efficiency, compliance and cost optimization.

  • Timely preparation and submission of all Performance monitoring reports and any other reports that may be required from time to time.

  • Monitoring of the facilities and accounts under the Schemes to ensure PAR is maintained at acceptable standards.

    Monitoring & Reporting

  • Daily tracking of performance against commitments per branch and highlighting any variances by engaging the branches /supervisor towards contribution to meeting the Consumer Banking/Check Off Scheme performance targets.

  • Preparation & Analysis of daily and weekly data/reports to assist Consumer Banking/Check Off Scheme in meeting the performance targets.

  • Ensuring WPB RMs issues are closed in a timely manner through active follow up within the service level agreement.

  • PAR monitoring and engaging branches on action plans on how to regularize accounts in arrears daily.

  • Monitoring
    the Schemes performance on regular and make necessary recommendations/follow ups as may be required.

    Administration

  • Periodic review of MOU performance and making necessary recommendations to the Senior Manager – CB products.

  • Induction & Training of branches on all the Consumer/Check Off Scheme bank products and services.

  • Monitor Daily Performance reports for branches check off schemes.

    Strategic Input & Planning

  • Contributes to the completion of the SBM Bank Branch Banking Operational plan by preparing and implementing a schemes business plan that encompasses strategies for performance.

  • Prepares the schemes sector budget for approval and contributes to the overall control of expenditure by monitoring costs and reporting on performance against budget variations.

    Knowledge: Skills and Experience required for this Role

    Job Knowledge

  • Excellent understanding and interpretation of financial information

  • Working knowledge of the Bank’s products, services

  • Good understanding of the banking industry trends, regulation, banks processes & operating procedures

    Job Experience

  • 3 to 5 years’ banking experience in the areas of Sales & Marketing & Relationship Management.

  • Credit Risk Management & Branch Operations are added advantages.

  • Understanding of the Banking & Financial environment

    Education

  • A Bachelor’s degree in Banking, Finance or a related Business, statistics field.

    Competencies required for this Role

  • Dynamic, analytical and self-driven individual with the ability to work under pressure, maintaining a professional and helpful attitude at all times.

  • Excellent selling skills – Strong networking skills, for both internal and external networks

  • Relationship Management skills with excellent presentation, communication and interpersonal skills

  • A passion for performance, team play and achievement in a competitive and dynamic environment.

  • Hardworking, strategically minded individual with excellent leadership, organizational, and planning skills

  • Commercial awareness and customer focus

  • Decision Making, People Management & Conflict resolution skills

  • Computer literacy (standard office computer applications)

    How to Apply

    For more information and job application details, see; SBM Bank Workplace Banking - Intern Jobs in Kenya

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