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Permanent General Manager

at Kenya Forex Bureaus Association in Nairobi

General Manager at Kenya Forex Bureaus Association in Nairobi – Kenya Jobs, Careers and Vacancies

GENERAL MANAGER

The Kenya Forex Bureaus Association is an umbrella body for all the Forex Bureaus in Kenya. The Association seeks to recruit a General Manager to head its Secretariat Office. The incumbent will report directly to the Chairman and interact closely with the Board Members of the Association.

Terms of Reference
The Kenya Forex Bureau Association is looking for a General Manager with banking experience.

Manager’s Key Responsibilities

  • Promptly developing and recommending to the Board corrective action plans in case of adverse developments.
  • Co-ordinating the execution of all activities of the Association, extending and maintaining client relations, monitoring and responding to the needs of the association’s members, and ensuring the development and marketing of a broad range of forex products, in line with the Association strategy.
  • Ensuring the efficient and sound management of the financial resources of the Association. Holding responsibility for the management of the risks related to the business. In this context, ensuring the high quality of the Association’s portfolio, the sustained monitoring of the portfolio performance, and the active enforcement of recovery policies.
  • Management of the risks related to business ensuring the proper implementation of high standard operational, administrative and security procedures.
  • Efficient and sound management of the financial resources of the Association, its training, and the formulation and implementation of Personnel Policies in liaison with the Board.
  • Ensuring communication to the Association’s Board and to the Supervisory Authorities.
  • Ensuring that the Bureaus operate at all times in strict compliance with the laws of Kenya and other laws regulating its activities.
  • Develop communication channels with the association’s members and prompt response to their concerns and needs.
  • Providing thought leadership to the Association by undertaking economic and business intelligence as well as market trend analysis.
  • Ensuring labor practices, laws and policies are conducive to maintaining a cost effective workforce and smooth operations of the association.
  • Monitoring and reviewing any changes in local, regional and international trends, guidelines or legislation and proactively taking action.
  • Contributing to the outputs of various organizations and ministries regulators such as CBK, KRA and this way ensure that the sub-sector interests are addressed during development stages.
  • Developing an appropriate structure and overseeing the day-to-day running of the activities in the secretariat and the affairs of the Association to ensure efficiency, quality service and cost effectiveness in the delivery of services.
  • Taking a lead role on cross cutting issues in the sub-sector and playing an advocacy role on matters affecting the membership.
  • Leading and developing a team that is able to carry the vision of the Association now and into the future.

Minimum requirements

  • A minimum of 5 years progressive senior management position. Experience in a financial institution will be an added advantage.
  • Holder of a degree in Finance or Business related field.(Masters Degree will be an added advantage)
  • A thorough knowledge of Kenyan and regional forex sub-sector, relevant regulations and industry trends.
  • A strategic outlook and ability to network and influence at high levels.
  • Excellent communication skills.
  • Excellent interpersonal and team building skills
  • Excellent written and spoken English.

  • Knowledge of foreign exchange
  • In addition to the above, possess strong analytical skills, excellent leadership qualities, ability to motivate and steer a team in an envisioned direction, strong interpersonal and organization skills and be a self-motivated and result oriented individual.
  • This is an exciting and challenging opportunity for an individual looking to drive change and impact key outcomes.

For more information on this position please check our website http://www.kfba.or.ke

Applications to be received by 31st January 2012



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Published at 18-01-2012
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