9,739 Principal Management Consultant Financial Services jobs in Kenya

• Lead major consulting engagements for financial services clients, focusing on strategy development, market entry, operational efficiency, and digital transformation.
• Conduct comprehensive market analysis, competitive intelligence, and financial modeling to inform strategic recommendations.
• Develop robust business cases and strategic roadmaps to support client objectives.
• Advise senior executives on critical business decisions and strategic direction.
• Manage project teams, ensuring high-quality deliverables and client satisfaction within defined timelines and budgets.
• Foster and maintain strong, long-term relationships with key client stakeholders.
• Identify and pursue new business development opportunities within the financial services sector.
• Contribute to the firm's intellectual capital, developing thought leadership and best practices.
• Mentor and coach junior consultants, fostering their professional growth.
• Present findings and recommendations to C-suite executives and boards of directors.
• Stay ahead of regulatory changes and industry trends impacting the financial services landscape.

• MBA or Master's degree in Finance, Economics, Business Administration, or a related field.
• Minimum of 10 years of experience in management consulting, with a significant specialization in financial services.
• Deep understanding of banking operations, capital markets, insurance, or wealth management.
• Proven experience in developing and executing complex business strategies.
• Exceptional analytical, problem-solving, and quantitative skills.
• Demonstrated ability to lead and inspire high-performing teams.
• Outstanding presentation, communication, and client-facing skills.
• Experience in business development and client relationship management.
• Ability to thrive in a fast-paced, collaborative, and fully remote work environment.
• Knowledge of regulatory frameworks such as Basel III, IFRS 9, etc.
• Strong understanding of emerging technologies impacting financial services (e.g., FinTech, AI, Blockchain).

• Develop, implement, and maintain the enterprise-wide risk management framework and policies.
• Identify, assess, and monitor key financial and operational risks across the organization.
• Conduct risk assessments, scenario analyses, and stress testing.
• Develop and implement risk mitigation strategies and action plans.
• Ensure compliance with all applicable regulatory requirements and industry best practices.
• Prepare regular risk reports for senior management, the Board of Directors, and regulatory bodies.
• Collaborate with business units to embed risk management principles into daily operations.
• Lead and mentor a team of risk analysts and professionals.
• Monitor emerging risks and trends in the financial services industry.
• Develop and deliver risk management training programs.
• Manage relationships with external auditors and regulators on risk-related matters.
• Utilize risk management software and tools to enhance efficiency and effectiveness.

• Master's degree in Finance, Economics, Mathematics, or a related quantitative field.
• Minimum of 7 years of progressive experience in risk management within the financial services industry.
• Proven expertise in credit risk, market risk, operational risk, and compliance.
• Strong understanding of regulatory frameworks (e.g., Basel Accords, Dodd-Frank) relevant to financial institutions.
• Excellent analytical, problem-solving, and strategic thinking skills.
• Demonstrated ability to develop and implement effective risk management strategies.
• Strong leadership and team management capabilities.
• Exceptional communication and interpersonal skills, with the ability to influence stakeholders at all levels.
• Proficiency in risk modeling techniques and risk management software.
• Ability to work independently and effectively in a remote team environment.
• Professional certifications such as FRM or PRM are highly desirable.

Empowering Africa's tomorrow, together…one story at a time.
With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.

My Career Development Portal:
Wherever you are in your career, we are here for you. Design your future. Discover leading-edge guidance, tools and support to unlock your potential. You are Absa. You are possibility.
Job Summary
To provide specialist advise and support in the preparation, development and analysis of financial data to provide accurate information to inform decisions enhancing stability, growth & profitability, through the execution of predefined objectives.

Job Description
Job purpose
Overall responsibility for the financial management of the Total Bank Cost space and Cost Efficiency. The role includes oversight of past, present and future financial performance of the Total Bank and various Functions, including the strategic objective of aligning to Absa Bank Kenya Plc.

• Senior stakeholder and relationship management is a key driver in-order to deliver financial objectives by leveraging off Finance, Functions, and other infrastructure groups across the organization.
• Identifying cost trends and financial risks with the presentation of these views alongside the financials at the various exco's and steercos.
• Delivering and presenting of accurate financial information in-order to assist in strategic decisions for Management (CFO, Functions, Sourcing, Board, CMC)
• Support all functions in decision-making process by providing insights into their financial performance, identifying potential cost risks and opportunities, and making recommendations and improvements.
• Provide financial planning and analysis, forecasting and monitoring the Total Bank financial performance to assist the CFO in driving the costs strategy.

Key Accountabilities
Strategy and planning

• Undertake key elements of strategic management activity, involving the identification of how value is created, destroyed, and driven in the function from a cost perspective.
• To support the business in its Outlook/Shape//MTP/STP/RAF processes.
• Support in completion, driving and tracking of the bank cost strategy.
• Lead in budgeting process, outlook and actual Numbers updates, and provide commentary to the performance metrics and actions.

Business Performance management

• To develop and report financial and other performance measures (metrics) required by the business e.g., the Monthly Business review Pack, Benefits Management Committee and Board papers.
• To monitor actual performance against target and to analyse variances.
• Support input of the financials to the investor relations packs, support management in investor relations sessions, press release and the results announcement.
• To respond to routine and ad hoc information requests.
• To produce reports that enable the identification options for improved financial performance and cost reduction.
• To support the business – in the production and review of specific technical elements of Management Accounts KPIs, margins review, Cost drivers.

Decision Support

• To provide support and analysis on a range of technical issues in connection with the Financial and Management Accounts e.g., variance/trend analysis (actuals v budget) makeup of specific costs etc.
• Lead in CFO/Finance mission statement updates, provide commentary to the performance metrics and actions.
• Provide analytics and trends to inform decision making/investment decisions

Stakeholder & Relationship Management

• Maintain and build key relationships across the organization to effectively drive cost strategy and protect value.
• Understand and identify key sustainable requests from stakeholders including adhoc requests.
• Ability to Implement actions without the direct responsibility of resources.
• Negotiate and leverage information off different groups across the organization in-order to meet stakeholder demands.
• Become the "go-to" person for all key senior stakeholders for all Finance matters relating to Costs.
• Liaise with centre to respond on all country costs queries.
• Provide feedback and updates on Cost financial / business matters.
• Communicate the cost related objectives to relevant stakeholders, ensuring alignment to the wider Absa objectives.
• To develop and report Costs financial and other performance measures (metrics) required by the business e.g. the Cost Monthly Business Review Pack, Monthly Efficiency Committee Steerco meeting, Cost CMC inputs, Cost Flash and Board papers, etc.

Team and staff Management

• Take responsibility for personal performance development, training and career development plans and ensure they are relevant and progressed.
• Develop cost health, check and challenge through regular training of cost champions

Qualifications Required.

• Bachelor's degree in finance & related fields
• Accounting Qualifications

Experience Required.

• Progressive experience in finance

Skills Required To Undertake The Role.

• Strong financial analytical and diagnostic skills
• Strong planning skills
• Excellent communication skills at all levels
• Excellent stakeholder management skills
• Excellent understanding of business strategy and competitive activity
• Good understanding of global and domestic economic trends
• Ability to work to tight deadlines without compromising accuracy
• Strong team player with good interpersonal, negotiation and influencing skills.
• Ability to influence senior management across the business.
• Experience in the financial services environment.
• Understanding of the broader economic and regulatory environment which Absa operates in.
• Good PC/systems skills.
• Learning agility
• Application Deadline – 9th October 2025***

Absa Bank Kenya is an equal opportunity, affirmative action employer. Preference will be given to suitable candidates from designated groups whose appointments will contribute towards the achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.
Education
Higher Diplomas: Financial Sciences (Required)

• Lead and manage client engagements within the financial services industry, focusing on areas such as strategy, digital transformation, risk management, regulatory compliance, and operational efficiency.
• Conduct thorough market research, data analysis, and diagnostic assessments to identify client challenges and opportunities.
• Develop strategic recommendations and actionable implementation plans tailored to the unique needs of financial institutions.
• Facilitate workshops, interviews, and client meetings (virtually and/or in-person as needed) to gather insights and build consensus.
• Prepare high-quality deliverables, including reports, presentations, and proposals.
• Mentor and guide junior consultants, fostering their professional development.
• Stay abreast of industry trends, emerging technologies, and regulatory changes impacting the financial services sector.
• Contribute to the development of our client's intellectual capital and thought leadership.
• Manage project timelines, budgets, and resources effectively.
• Build and maintain strong client relationships, acting as a trusted advisor.

• Master's degree in Business Administration, Finance, Economics, or a related field.
• Minimum of 6 years of experience in management consulting or within the financial services industry, with a strong consulting track record.
• Deep understanding of the financial services landscape, including banking, insurance, and capital markets.
• Proven expertise in areas such as strategy development, digital transformation, operational improvement, or risk and compliance.
• Exceptional analytical, problem-solving, and strategic thinking abilities.
• Outstanding communication, presentation, and interpersonal skills, with the ability to influence senior stakeholders.
• Experience working in a remote or hybrid capacity, demonstrating excellent self-discipline and collaboration skills.
• Proficiency in data analysis and financial modeling.
• Ability to travel occasionally as required by client engagements.

• Develop, implement, and maintain the company's enterprise-wide risk management framework.
• Ensure adherence to all applicable financial regulations, laws, and industry standards.
• Conduct regular risk assessments and compliance audits across various business units.
• Identify, analyze, and monitor potential risks and vulnerabilities within the organization.
• Develop and implement policies, procedures, and controls to mitigate identified risks.
• Manage regulatory reporting requirements and liaise with regulatory bodies.
• Provide guidance and training to employees on risk management and compliance best practices.
• Investigate potential compliance breaches and recommend corrective actions.
• Stay informed about changes in the regulatory environment and adapt policies accordingly.
• Contribute to strategic decision-making by providing insights on risk and compliance implications.

• Master's degree in Finance, Law, Business Administration, or a related field.
• Professional certifications such as CRISC, CGEIT, FRM, or equivalent are highly desirable.
• Minimum of 8 years of experience in risk management and compliance within the financial services industry.
• In-depth knowledge of relevant financial regulations (e.g., AML, KYC, GDPR, local financial laws).
• Proven experience in developing and implementing risk management frameworks and compliance programs.
• Strong analytical, problem-solving, and critical thinking skills.
• Excellent communication, presentation, and leadership abilities.
• Demonstrated ability to manage complex projects and lead teams in a remote setting.
• High ethical standards and integrity.
• Proficiency in risk management software and tools.

• Gathering, analyzing, and documenting business requirements from stakeholders across various departments.
• Translating business needs into detailed functional and non-functional specifications for technology solutions.
• Creating process flows, use cases, and user stories to clearly define system behavior and user interactions.
• Facilitating workshops and meetings with stakeholders to elicit requirements and validate proposed solutions.
• Collaborating closely with project managers, developers, QA testers, and designers throughout the project lifecycle.
• Performing gap analysis to identify areas where current systems or processes do not meet business objectives.
• Developing test cases and supporting User Acceptance Testing (UAT) to ensure delivered solutions meet requirements.
• Providing subject matter expertise on business processes within the financial services domain.
• Contributing to the development of business cases and project proposals.
• Identifying opportunities for process improvement and recommending solutions to enhance efficiency and effectiveness.
• Staying abreast of industry trends, regulatory changes, and technological advancements in financial services.

• Elicit, analyze, and document business requirements from various stakeholders within the financial services sector.
• Create detailed functional specifications, user stories, process flows, and use cases.
• Bridge the gap between business users and IT teams, ensuring clear and accurate communication of requirements.
• Facilitate requirements gathering workshops, interviews, and brainstorming sessions.
• Support the testing and validation of solutions to ensure they meet business needs and quality standards.
• Identify opportunities for process improvement and recommend solutions to enhance efficiency and effectiveness.
• Contribute to project planning and estimation efforts.
• Mentor junior business analysts and contribute to the development of best practices.
• Maintain documentation of business processes, systems, and requirements.

• Bachelor's degree in Business Administration, Finance, Information Technology, or a related field.
• A minimum of 5 years of experience as a Business Analyst, preferably within the financial services industry.
• Demonstrated knowledge of banking products, lending processes, capital markets, or insurance.
• Proficiency in business analysis tools and methodologies (e.g., Agile, Waterfall, BABOK).
• Strong analytical, problem-solving, and critical thinking abilities.
• Excellent communication, interpersonal, and presentation skills.
• Ability to work effectively in a hybrid work environment, collaborating with both on-site and remote team members.
• Experience with requirements management tools (e.g., JIRA, Confluence) is a plus.