Kenya Development Corporation
Management & Business Development
Nairobi Full Time
Banking, Finance & Insurance
KSh Confidential
Job Summary
The Assistant Manager will be responsible for the development and review of investment and loan recovery policies, monitoring and evaluation of the existing investments and recommending appropriate strategies; and managing the credit risk on the loan portfolio in the most profitable and cost-effective manner in line with KDC objectives.
Minimum Qualification:Bachelor
Experience Level:Senior level
Experience Length:8 years
Job Description/Requirements
Kenya Development Corporation (KDC), is a premier Development Finance Institution (DFI) incorporated on 27th November 2020 following the merger of Industrial & Commercial Development Corporation (ICDC), IDB Capital Ltd (IDB) and Tourism Finance Corporation (TFC). The Corporation’s mandate is to promote sustainable socio-economic development by providing development finance, infrastructure finance, business support and advisory services to medium and large-scale industries, infrastructure projects and commercial undertakings in target sectors in Kenya and elsewhere.
As part of our strategic realignment we believe that attracting and retaining the right people is essential to the realization of our corporate goals and therefore must have in place, world-class human resources.
KDC therefore invites applications from qualified professionals for the following positions:
- Assistant Manager Investment Appraisal & Administration, GRADE KDC 4 (2 Posts)
(a) Job Purpose
The Assistant Manager will be responsible for the development and review of investment and loan recovery policies, monitoring and evaluation of the existing investments and recommending appropriate strategies; and managing the credit risk on the loan portfolio in the most profitable and cost-effective manner in line with KDC objectives.
(b)Job Specification
Duties and responsibilities at this level will entail;
i. Undertake business development in the specified sectors;
ii. Appraise investments proposals;
iii. Maintain communication with clients and manage client relations;
iv. Initiate negotiation of the project financing structure;
v. Oversee disbursement to approved projects;
vi. Monitor project performance post investment;
vii. Prepare investment papers for management and board;
viii. Manage stakeholder engagements;
ix. Any other responsibility as may be necessary to achieve the KDC’s objectives.
(c) Person Specification
For a candidate to be appointed to this position, they must have;
i. At least eight (8) years’ relevant work experience, four (4) of which must have been in a supervisory role.
ii. Bachelor’s degree in any of the following disciplines: Commerce, Business, Economics, Engineering or any other relevant field from a recognized institution;
iii. Master’s Degree in a relevant field from a recognized institution;
iv. Certified qualification in any of the following; Certified Financial Analyst (CFA), Certified Investment and Financial Analyst (CIFA), Public Accountant (CPA (K) or Certified Chartered Accountants (ACCA (UK) or its recognized qualification from a recognized institution;
v. Member of a relevant professional body.
vi. Knowledge and experience in statistics, data collection, analysis and presentation;
vii. Supervisory course lasting not less than two (2) weeks
viii. Proficiency in Computer Applications.
ix. Meets the requirements of Chapter Six (6) of the Constitution of Kenya.
APPLICATION GUIDELINES
Detailed application instructions are available on the KDC website www.kdc.go.ke under the careers section. The applications should be received by 16th December 2022. Only shortlisted candidates will be contacted
Kenya Development Corporation is an equal opportunity employer and is committed to implementing the provisions of the Constitution – Chapter 232 (1) on fair competition and merit, representation of Kenyans diverse communities and affording equal employment opportunities to men and women, members of all ethnic groups and persons living with disabilities. Therefore, Women, Persons Living with disabilities, the Marginalized and the Minorities are encouraged to Apply.
Canvassing in any form will lead to automatic disqualification