Head- Islamic Banking at Equity Bank Limited

Equity Bank is one of the region’s leading banks whose purpose is to transform the lives and livelihoods of the people of Africa socially and economically by availing them modern, inclusive financial services that maximize their opportunities. With a strong footprint in Kenya, Uganda and Southern Sudan, Equity Bank is now home to more than 7.3 million customers, the largest customer base in the Eastern African Region.

The Bank scouts for talented, creative and innovative team players who are excited by the opportunity of pushing the frontiers of the ever evolving microfinance industry, growing our services, delighting our customers and contributing to our community.

Head- Islamic Banking 

Job Purpose

To provide strategic leadership and Market positioning of Islamic Banking  in enabling the team to operationally deliver on strategy and key performance priorities within the segment which supports overall Corporate and Retail Markets strategic objectives by taking full responsibility for the strategy, profit and loss, operations and growth within the area

Key Responsibilities – KPI’s

• To develop, launch and manage the entire Islamic Assets and Liability Products for all corporate, SME and Retail banking segments developed around Market needs, customer perceptions and banks requirements.
• Reconfigure resources based on an assessment of resource gaps in the Bank and market opportunities
• Focus on value creation through the identification of customer opportunities with a high operating income to the bank and the anticipation of customer inflows and outflows
• Recommend findings by the executive team, review and plan the redefinition of the business architecture and resource requirements
• Review opportunities for investment and disinvestment of resources and make capital allocation decisions within mandate
• Direct the executive team to define the policies, framework and rules of engagement required in the function
• Influence other Group Support Functions that define group wide frameworks
• Assisting training department in conducting product training to all channels
• Partner with key departments i.e., Operations, , Marketing, communications, R&D, Risk , compliance, I.T, HR and legal teams in continuously reviewing the process
• Coordinate and improve service delivery for the business unit and ensure maximum utilisation of shared services
• Establish industry relationships to help leverage Islamic Banking positioning within  and the Market
• Develop strategic initiatives for Islamic Banking as agreed with the COO / Executive Management
• Communicate the strategic initiatives for the BU as developed in conjunction with Retail Markets Regional and Executive Heads and other stakeholders within the Cluster and the Group
• Oversee the monitoring of the effectiveness and implementation of strategic initiatives to ensure delivery thereof and implement any corrective measures as and when required
• Ensure the allocation of resources across the business to ensure that strategic and tactical plans are enabled at all times and provide direct reports with the guidance and coaching support
• Continuously evaluate the external environment and assess the impact on the BU's activities
• Discuss any changes that may result in an overall strategic impact with the Executive of the provinces
• Lead, direct and support the decisions with regards to the BU’s product development initiatives and distribution
• Review balanced scorecard criteria and assign accountability in the team to measure performance of the business
• Review exceptions identified in the scorecard
• Develop corrective actions to bring performance back in line with expectations.
• Perform people management functions, including but not limited to workforce and recruitment, demand planning , talent management, reward, recognition etc
• Review and update the departments organisation structure and role profiles regularly
• Ensure that Code of Good Practice targets are met for the team
• Ensure satisfactory service delivery and equal distribution of workloads in the teams
• Manage cost within approved budget
• Ensure compliance to the Bank policies, legislation and regulations and that staff compliance training and attestations are in place

Desired Skills and Experience

Preferred Requirements

• Minimum Graduate / Degree Shariah Law / Certification in Islamic Banking from recognized Institute.
• A Masters or an MBA degree will be of additional advantage
• Minimum 15 years  experience in Banking  
• Minimum 3 years prior experience in an Islamic Bank/Shari’ah compliance at a senior position
• Proficient in MS Office (Word, Excel, PowerPoint and Outlook) and the Internet
• No criminal record

Knowledge

• Strategic Management
• Extensive knowledge of Islamic Financing Structures and concepts
• Islamic Regulatory Framework of the country /Region/Environment
• Experience in product development and marketing
• Sales

 Skills and Competencies

• Excellent leadership skills
• Strong self motivation, and drive
• Working with people
• Deciding and initiating action
• Relating and networking
• Presenting and communicating information
• Analysing
• Delivering results and meeting customer expectations
• Planning and organising
• Adapting and responding to change

If you meet the above requirements, please submit your application together with a detailed Curriculum Vitae quoting the job you are applying for to jobs@equitybank.co.ke by 23 August 2014.

Only short listed candidates will be contacted.

Equity Bank is an equal opportunity employer.

We value the diversity of individuals, ideas, perspectives, insights, values and what they bring to the workplace.