8 Financial Services jobs in Nairobi

Company Description

Madison Group Limited is a leading locally owned insurance company in Kenya, incorporated in 1988 following a merger between Crusader Plc and Kenya Commercial Insurance Corporation. Offering both Life and General Insurance as well as Investment Management services, Madison has its headquarters in Nairobi, with twenty-seven branches across principal towns in Kenya. Despite economic challenges and industry competition, Madison continues to grow, achieving a combined premium income of over 2 billion by the end of 2012. The company's primary objectives are to provide top-notch insurance products at reasonable prices and offer unparalleled customer service.

Role Description

This is a full-time on-site role located in Nairobi County, Kenya, for an Investment and Financial Services Advisor. The advisor will be responsible for providing clients with financial planning, investment advice, retirement planning, and overall financial advisory services. Day-to-day tasks include analyzing clients' financial situations, developing personalized financial plans, recommending appropriate investment products, and maintaining long-term client relationships through exceptional customer service.

Qualifications

• Financial Planning, Finance, and Retirement Planning skills
• Strong knowledge of Investments and Financial Advisory services
• Excellent communication and interpersonal skills
• Analytical and problem-solving abilities
• Ability to work independently and as part of a team
• Diploma or Bachelor's degree in Finance, Economics, Business Administration, or related field
• Professional certifications such as CFP (Certified Financial Planner) or CFA (Chartered Financial Analyst) are a plus
• Experience in the insurance or financial services industry is preferred

• Identify, assess, and monitor key financial risks across the organization.
• Develop and implement risk management policies, procedures, and frameworks.
• Conduct quantitative analysis, including scenario analysis and stress testing.
• Monitor risk exposures and ensure compliance with risk appetite and regulatory limits.
• Prepare comprehensive risk reports and presentations for senior management and stakeholders.
• Collaborate with business units to integrate risk management into daily operations.
• Advise on risk mitigation strategies and controls.
• Stay abreast of regulatory changes and industry best practices in risk management.
• Contribute to the development and enhancement of risk modeling capabilities.
• Ensure data integrity and accuracy in all risk reporting and analysis.

• Master's degree in Finance, Economics, Statistics, Mathematics, or a related quantitative field.
• Professional certification such as FRM, CFA, PRM, or equivalent is highly preferred.
• Minimum of 6 years of progressive experience in risk management within the banking or financial services sector.
• Strong understanding of financial markets, instruments, and risk types (market, credit, operational, liquidity).
• Proficiency in statistical software (e.g., R, Python, SAS) and data analysis tools.
• Experience with risk management systems and databases.
• Excellent analytical, quantitative, and problem-solving skills.
• Strong written and verbal communication skills, with the ability to present complex information clearly.
• Ability to work independently and manage multiple priorities in a remote setting.
• Proven ability to collaborate effectively with diverse teams.

HFC Limited, the banking and property finance subsidiary of HF Group, has an exciting opportunity in our Finance Department. We are seeking a talented, dynamic, self-driven, and results-oriented individual who is committed to performance, excellence, and participating in our growth strategy.

The role provides insight and support in the departmental and executive decision process. The role complements the overall efforts of HFC towards attaining the Finance of the Future by building modelling and quantitative frameworks for the bank, supports the budgeting and planning process and finance business partnership.

Deadline:

Category: Finance

Subsidiary: HFC

Principle Accountabilities

• Assist in development of the annual budget and the medium-term strategic plan
• Ensure timely budget variance reporting to all the departments
• Preparation of ALCO, EXCO and board papers
• Supporting ALM decisions with analysis and modeling
• Updating and revising asset pricing models
• Revenue assurance
• Monitor the cash holding across the branch network for liquidity optimization
• Ensure continuous revenue assurance and recommend opportunities to grow and diversify the business unit revenue
• Preparation and timely distribution of segment reports to various departments
• Prepare the monthly and annual budgets and rolling forecast for the business units and legal entities highlighting drivers expected to impact the business and the corrective actions required
• Automating Finance Processes- Robotic Process Automation
• Business performance analysis and presentation/sharing thereof to the leadership teams
• Together with other departments develop the annual ICAAP
• Help the head of unit to implement and monitor prudential capital management by setting capital KPIs for capital consumers and aligning ICAAP process with actual business strategy
• Championing the FTP processes
• Supporting partnerships between business unit and the finance department across all the departments
• Budgeting and Budget control- Ensure the annual budgeting is done and continuously ensure budgetary discipline is adhered to by all departments
• Conducting cost/benefit analysis as required and preparing comparative, analytical reports on the performance of the bank, Group and branches and reporting results to executive and management staff.
• Conduct quarterly competitor analysis
• Any other duty as assigned from time to time by the Finance and HFC leadership

Key Competencies and Skills

General Competencies

• Results oriented
• Excellent interpersonal skills
• Highly analytical
• Problem solving skills
• Good communicator & excellent presentation skills
• Team player

Minimum Qualifications, Knowledge And Experience
Academic & Professional

• A business-related degree from a reputable institution preferably Finance, Accounting, Banking, data science or a related quantitative field.
• CPA(K)
• CFA, FRM, FRR, CIFA certifications will be an added advantage

Experience & Technical

•  A minimum of 7 years' experience in banking with hands on experience in performance measurement and management, finance or financial risk management.
• 2 year should be at supervisory or management level.
• Hands on experience in financial planning or performance management
• Experience in senior management relations
• Strong appreciation of accounting principles
• Excellent Ms Excel skills
• Strong Data & BI skills including SQL, EDW, PowerBI, Python, R
• Team and or People Management
• Strong business acumen

HFC Limited, the banking and property finance subsidiary of HF Group, has an exciting opportunity in our Finance Department. We are seeking a talented, dynamic, self-driven, and results-oriented individual who is committed to performance, excellence, and participating in our growth strategy.

The role provides insight and support in the departmental and executive decision process. The role complements the overall efforts of HFC towards attaining the Finance of the Future by building modelling and quantitative frameworks for the bank, supports the budgeting and planning process and finance business partnership.

Deadline:

Category: Finance

Subsidiary: HFC

Principle Accountabilities

• Assist in development of the annual budget and the medium-term strategic plan.
• Ensure timely budget variance reporting to all the departments.
• Preparation of ALCO, EXCO and board papers.
• Supporting ALM decisions with analysis and modeling.
• Updating and revising asset pricing models.
• Revenue assurance.
• Monitor the cash holding across the branch network for liquidity optimization.
• Ensure continuous revenue assurance and recommend opportunities to grow and diversify the business unit revenue.
• Preparation and timely distribution of segment reports to various departments.
• Prepare the monthly and annual budgets and rolling forecast for the business units and legal entities highlighting drivers expected to impact the business and the corrective actions required.
• Automating Finance Processes- Robotic Process Automation.
• Business performance analysis and presentation/sharing thereof to the leadership teams.
• Together with other departments develop the annual ICAAP.
• Help the head of unit to implement and monitor prudential capital management by setting capital KPIs for capital consumers and aligning ICAAP process with actual business strategy.
• Championing the FTP processes.
• Supporting partnerships between business unit and the finance department across all the departments.
• Budgeting and Budget control - Ensure the annual budgeting is done and continuously ensure budgetary discipline is adhered to by all departments.
• Conducting cost/benefit analysis as required and preparing comparative, analytical reports on the performance of the bank, Group and branches and reporting results to executive and management staff.
• Conduct quarterly competitor analysis.
• Any other duty as assigned from time to time by the Finance and HFC leadership.

Key Competencies and Skills

• Strong appreciation of accounting principles.
• Excellent Ms Excel skills.
• Strong Data & BI skills including SQL, EDW, PowerBI, Python, R.
• Team and or People Management.
• Strong business acumen.
• Results oriented.
• Excellent interpersonal skills.
• Highly analytical.
• Problem solving skills.
• Good communicator & excellent presentation skills.
• Team player.

Minimum Qualifications, Knowledge And Experience
Academic & Professional

• A business-related degree from a reputable institution preferably Finance, Accounting, Banking, data science or a related quantitative field.
• CPA(K)
• CFA, FRM, FRR, CIFA certifications will be an added advantage.

Experience

• A minimum of 7 years' experience in banking with hands on experience in performance measurement and management, finance or financial risk management.
• 2 year should be at supervisory or management level.
• Hands on experience in financial planning or performance management.
• Experience in senior management relations.

• Develop and maintain complex financial models to support forecasting, budgeting, and long-term strategic planning.
• Prepare detailed monthly, quarterly, and annual financial reports, including variance analysis and commentary.
• Analyze financial performance, identify key trends, and provide actionable insights and recommendations to management.
• Collaborate with various departments to gather financial data, understand business drivers, and ensure accurate financial reporting.
• Assist in the development and execution of the annual budgeting process.
• Perform ad-hoc financial analysis and modeling to support business initiatives and investment decisions.
• Monitor key financial metrics and performance indicators (KPIs) and provide regular updates.
• Identify opportunities for process improvements within the FP&A function and implement best practices.
• Ensure accuracy and integrity of financial data and reporting.
• Support external audits and provide necessary documentation.

• Bachelor's degree in Finance, Accounting, Economics, or a related quantitative field. Professional certification (e.g., CPA, ACCA, CFA) is highly desirable.
• Minimum of 5 years of progressive experience in financial analysis, FP&A, or a related finance role.
• Proven expertise in financial modeling, budgeting, forecasting, and variance analysis.
• Advanced proficiency in Microsoft Excel (e.g., pivot tables, complex formulas, macros) and financial modeling software.
• Experience with ERP systems (e.g., SAP, Oracle) and BI tools (e.g., Tableau, Power BI) is a strong asset.
• Excellent analytical, problem-solving, and critical thinking skills.
• Strong understanding of accounting principles and financial statements.
• Exceptional communication and presentation skills, with the ability to articulate complex financial information clearly and concisely to diverse audiences.
• Ability to work independently, manage deadlines, and thrive in a fast-paced, remote work environment.