State Corporation Senior Officer - Resolutions Jobs in Kenya

State Corporation Senior Officer - Resolutions Jobs in Kenya


Our Client is a Statutory Institution whose mandate as a risk minimiser is to provide a deposit insurance scheme for customers of member institutions and to resolve any institution in respect of which the Corporation is appointed receiver or liquidator.

The Corporation enhances incentives for sound risk management and generally promote the stability of the financial system.

Our client is an employer of choice and keen to recruit an aggressive individual to join the premier organization in the capacity of Senior Officer - Resolutions.

Job Summary

Reporting to the Assistant Manager, Resolution the incumbent will provide support to the divisional head in providing Strategic leadership of the Resolution Function to enhance depositors’ confidence through prompt and efficient resolution of troubled institutions.

Duties and Responsibilities

The essential duties and responsibilities include but not limited to:

  • Tracing, preserving and realizing assets of the institutions at the best market value for the benefit of depositors and creditors.
  • Reviewing loan files for purposes of resolving cases
  • Undertaking negotiations to resolve debts for Debt Negotiation and Asset Realization Committee (DNARC) decision
  • Preparing investments profiles and schedules to Investment Committee
  • Implementing Board decisions and Audit recommendations
  • Collating and submitting debtors profile to Credit Reference Bureaus (CRB) in accordance with the law
  • Preparing depositors payoff/reimbursements
  • Preparing and paying dividends to depositors, creditors and other service providers
  • Realizing of securities for the institutions
  • Preparing for cases and attendance of court sessions
  • Providing Custodian Services for securities and other assets
  • Filling of statutory returns with the Registrar of Companies
  • Preparing of financial management reports
  • Preparing and implementing the winding up process of institutions

    Minimum Qualifications and Experience
  • Four (4) years’ work
    Bachelor’s degree in any of the following disciplines: Commerce, Finance, Economics,
  • Business Administration or its relevant qualification from a recognized institution;
  • Certificate in a relevant professional field;
    Proficiency in computer applications;
  • Shown merit and ability as reflected in work performance and results.

    Key Competencies, Knowledge and Personal attributes
  • Computer skills
  • Negotiation skills
  • Professional ethics e.g. confidentiality
  • Planning and coordination
  • Organizational skills
  • Compliance With Chapter Six (6) of the Constitution of Kenya

    Applicants are required to immediately initiate self-clearance (Comply with Chapter 6 of the Constitution of Kenya) from: -

  • Kenya Revenue Authority
  • Ethics and Anti-Corruption Commission
  • Directorate of Criminal Investigations (Certificate of Good Conduct)
  • Higher Education Loans Board
  • A Credit Reference Bureau
  • Attach the Chapter 6 clearance papers to your application or bring them to the interview at Manpower Services (K) Ltd if invited.

    How to Apply
  • Email a copy of your up-to-date CV and cover letter to
  • Ensure you indicate your current or past monthly salary in your application
  • Do Not apply using the online button.
  • Email your application directly to the email address provided above
  • Only shortlisted candidates shall be contacted
  • Closing Date: 5th April 2019
  • For more information and job application details, see; State Corporation Senior Officer - Resolutions Jobs in Kenya

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