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Head of Brokerage

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Job Details

Key Responsibilities: 

  • Develop and implement long and short-term strategies for the brokerage business including preparation of business plan and annual budgets. 
  • Achieve business targets in terms of volumes, market share and profits across all business segments. 
  • Responsible for maintaining the leadership position of Bank brokerage business in terms of market share, volumes, profits and ensure continuous growth. 
  • Plan and implement the development of the brokerage business to foreign/domestic institutions, corporate bodies and High Net Worth HNW individuals. 
  • Be the primary contact/focal point with Foreign institutional investors and build a strong foreign institutional customer base. 
  • Plan and lead the development of new service delivery channels and other tie-ups to enhance market share. 
  • Leverage synergies from the existing cross-border investments and spearhead expansion into the region. 
  • Maintain and develop excellent relationships with important customers. 
  • Formulate & review training programs and the on-going product/ other relevant refreshers for the brokerage team. 
  • Ensure compliance in line with the Banks policies, standards and all statutory regulations. 
  • Lead, manage, coach, develop and inspire direct/indirect reporting team. 

 The Person:

The successful candidate will be required to possess the following qualifications and experience:

  • Bachelor's degree from a recognized and accredited institution.
  • A recognized professional certification such as Automatic Trading Systems ATS, Chartered Institute for Securities & Investment CISI, Institute of Certified Investment and Financial Analysts ICIFA, Certified Public Accountant CPA, Associate of the Chartered Institute for Securities & Investment ACSI, or an equivalent qualification.
  • At least eight 8 years of relevant professional experience in the financial services, brokerage, capital markets, or related sector.
  • A minimum of five 5 years' experience in brokerage operations, securities trading, or capital markets activities.
  • At least five 5 years' experience in managing brokerage trading operations, operational risk, and credit exposure associated with brokerage activities.
  • A minimum of two 2 years' experience in a leadership or people management role, with demonstrated ability to lead and develop high-performing teams.
About the Company
KCB Bank Kenya

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