Faulu MFB – Internal Auditor Data Analytics
1. KEY TASKS AND RESPONSIBILITIES
KEY MEASURABLE GOALS
- Number
of data analytics scripts developed and deployed (e.g., SQL, Python, ACL,
Power BI, etc.) per quarter.
- Percentage
of audits supported by data analytics.
- Timely
completion of audit assignments as assigned.
- Accurate
and timely preparation of audit reports on assigned audits.
- Understanding
of the business, internal controls and business processes per assignment.
- Ability
to professionally relate with the auditee during audit engagement and
follow up.
KEY RESPONSIBILITIES
- Design,
develop, and execute data analytics routines to support audit planning,
execution, and continuous monitoring.
- Identify,
extract, and integrate data from multiple sources (core systems, ERPs,
data warehouses, third-party platforms).
- Write,
test, and maintain SQL queries, data mining scripts, and analytics.
- Perform
continuous auditing and monitoring analytics
- Conduct
internal audits as assigned by the Supervisor.
- Assist
in development of audit working papers.
- Planning
for assigned audit engagements.
- Preparation
of audit reports on the engagements assigned by the supervisor
- Carrying
out data analysis as assigned by the supervisor.
- Carrying
out adhoc investigations under supervision of supervisor.
- Follow
up of issues after audit assignment.
- Conduct
audit review on assigned units.
- Any
other duties as may be directed by the supervisor.
2. SKILLS, KNOWLEDGE & COMPETENCIES
- Report
writing skills
- Broad
knowledge of banking operations and systems
- Good
working knowledge of MS Office packages, Excel (Power Query, Pivot Tables,
advanced formulas).
- Working
knowledge of data analysis and visualization tools, e.g., Power BI,
Tableau, Qlik, etc. (Required)
- Ability
to write data mining and analytics scripts using SQL (Required)
- A
good understanding of databases structures, data flows and data models.
(Desirable)
- Honesty
and high level of integrity
- Attentive
to detail
- Ability
to travel extensively around different parts of the country
3. QUALIFICATIONS & EXPERIENCE
- Basic
Degree in Business, Statistics, related field, Computer Science or IT
related degree course
- Data
science concepts (Predictive analytics, Machine learning fundamentals
(Desirable)
- Plus,
CPA2 or ACCA
- CISA/CIA(Desirable)
- At
least two (2) years relevant experience (Credit/Operations)
- Banking/Insurance
experience (Desirable)
Faulu MFB – Data, Risk and Sustainability Officer
Job Description
Reporting to the Risk Manager, the holder shall be
responsible for coordinating, monitoring and supervising all aspects of
enterprise risk management. The holder shall work with risk owners to identify
assess and prioritize key risks and advise the Business on mitigating actions
or controls, in order to maintain the risks within the Bank’s risk appetite.
Support the risk manager to implement the Bank’s sustainability principles and
Environmental, Social, and Governance (ESG) standards into operations in promoting
responsible banking practices and supports the bank’s long‑term resilience
1. KEY TASKS AND RESPONSIBILITIES
KEY RESPONSIBILITIES
- Enhance
and implement tools to identify, assess, mitigate and monitor key risks
across the bank. These include, but are not limited to operational risk,
credit risk, market risk, ESG risk and liquidity risk.
- Coordinate
the development and implementation of the ESG Framework and work plan of
the bank and ensure it is regularly updated.
- Ensure
ESG risk reporting requirements are observed including the adoption in
Risk Monitoring toolkits i.e. RCSA, risk registers.
- Contribute
to the enhancement of risk awareness among staff and promotion of risk
culture in the organization. Conduct training on risk / control matters
- Co-ordinate
the updates and documentation of branch / departmental Risk registers and
risk assessments.
- Monitoring,
testing and reporting of internal control systems.
- Maintaining
‘fit for purpose’ MI comprising Key Risk Indicators (KRI’s), key risks,
key controls, and management actions
- Bank
wide compliance to the approved Risk Management Policy and framework,
regulatory requirements, and the Old Mutual policies.
- Follow
up on management action plans arising from all assurance findings to
ensure timely and high‑quality closure by responsible owners and drive the
achievement of established control‑environment performance metrics.
- Conduct
risk assessments of the Bank’s products and offerings and conduct post
implementation monitoring and review.
- Prepare
risk reports necessary to enable the risk manager and the Head of Risk and
Compliance to advise stakeholders accordingly.
- Perform
testing of key controls and targeted risk reviews to identify gaps and
advise the business.
- Monitor
and ensure maintenance of risk events and follow up for closure on risk
system (CURA)
- Implementing
and enforcing the board approved AML, KYC & CFT policy in as far as is
applicable within the area of responsibility.
- Project
risk management: Monitor project risks for all key projects being
undertaken by the bank.
2. SKILLS, KNOWLEDGE & COMPETENCIES
Knowledge and skills
- Knowledgeable
in risk and compliance matters and have working knowledge of banking
operations
Personal Attributes
- Must
be able to work independently with good inter personal and project
management skills.
- A
matured self-starter, self-motivated, meticulous and committed individual.
- Analytical
- Attention
to detail
- High
level of accuracy with the ability to work with fixed deadlines
- Visits
to branches and other business units.
3. QUALIFICATIONS & EXPERIENCE
- Bachelor’s
degree in business related field
- Certification
in risk management; ACAMS
- 4
years’ experience in a bank or financial institution, with at least 2 in
risk, compliance or audit functions
Faulu MFB – Product and Ideation Manager- Transactional Banking and Digital Sales
Job Description
The Product and Ideation Manager and digital sales is
responsible for driving the development, implementation, and optimization of
digital banking solutions—including Payments, Digital Lending, Collections, and
Customer Onboarding. This role is pivotal in shaping the bank’s digital product
portfolio, ensuring timely delivery, market competitiveness, and alignment with
customer needs. The job holder will lead cross-functional teams through agile
product development cycles, collaborate closely with internal stakeholders and
external partners, and champion innovation across the bank’s digital channels.
With a strong focus on business strategy, service excellence, and cost
efficiency, the Product Lead will play a critical role in achieving the bank’s
digital transformation goals and enhancing customer experience.
1. KEY TASKS AND RESPONSIBILITIES
A. Product Development and Ideation (Payments, Digital
Lending, Collections, Customer Onboarding)-50%
- Ensure
that products (payments, Digital lending, Collections) are scoped,
approved and developed within the set timeline and budget.
- Act
as the digital lead for regular product reviews to ensure they remain
competitive within the agile banking market.
- Lead
cross-functional teams through product design, prototyping, testing, and
release including having a go to market strategy.
- Translate
customer insights and market trends into actionable product features
- Oversee
agile development cycles and ensure timely delivery of milestones
- Collaborate
with UX/UI designers, engineers, and stakeholders to refine product vision
and RFO for the bank is achieved.
- Work
closely with Branches, MSME, SME and Community RMs, IB RMs, Business
Banking and Retail Banking relationship team on fully embedding
Transaction Banking and digital products solutions
- Champion
product and sales activities to drive business growth.
- Utilize
the existing resources efficiently to ensure the bank has competitive and
up to standard product
B. Business Planning and Strategy- 25%
- Develop
and prepare standard product proposals and presentations for banking
services for pitching both internally and externally.
- Liaise
with the bank developers and partners to continuously promote and design
competitive products for the bank.
- Become
the point of reference for clients and bank on the digital product
initiatives.
- Implement
e-banking and Transaction Banking product solutions to clients, of varying
size and complexity.
- Assess
and recommend pricing guidelines for Online Banking and Transaction
Banking products to ensure the bank remains competitive and at the same
time increase overall revenue collection.
C. Service Management -15%
- Implement
electronic banking and Transaction banking product solutions to clients,
of varying size and complexity.
- Ensure
the team is well motivated and guided.
- Either
through own initiative, or teams, be a pro-active member of the
department, working to reduce project implementation cycle time.
- Co-ordinate
resolution of digital and transaction Banking related problems within the
agreed TAT.
- Become
the point of reference for clients and bank on the Transaction Banking
initiatives.
- Provide
MIS and metrics on progress of products managed and provide input to
management on customer implementation progress, and issues, for discussion
with Sales Managers, and Relationship Managers.
D. Cost Containment – 10%
- Ensure
Return on Equity is achieved for all the digital and transaction products
by driving to achieve agreed share of wallet (SOW).
- Ensure
prudent use of bank resources such as taxis and during customer events
such as lunches.
KEY RESPONSIBILITIES
Target Achievement
- Ensuring
the product targets set by the bank on digital strategy are met fully and
timely. This will be measured quarterly to check progress.
Innovation
- Engage
on regular innovation forums with vendors, Information Technology and
Management teams and contribute towards ensuring the banks product remain
innovative and competitive.
Compliance
- Comply
with all the existing banks policies and procedures
- Submit
to Risk and audit team when called upon to
- Constant
review on the banks digital and transaction banking strategies to ensure
they are at per with the best in the market
Conduct regular staff product trainings
- Ensure
staff are trained regularly on the bank’s digital solutions
- Create
CVPs for the sales team in the bank to use during customer presentations
2. SKILLS, KNOWLEDGE & COMPETENCIES
- Proficient
in Ms Office Suite – Ms Word, Power Point, Ms Visio, Ms Excel, Ms Access
etc.
- Strong
Understanding of Digital and Cash management products including Mobile
Banking, Internet banking, Host to Host Integration, Digital Leding and
Card Business
- Excellent
problem-solving and troubleshooting skills.
- Strong
communication and collaboration abilities.
3. QUALIFICATIONS & EXPERIENCE
- University
Degree in a Business/Sales/IT Related Field – Minimum 2nd Class Honors
- A
master’s degree qualifications will be an added advantage.
- A
professional qualification in IT or project management field is an added
advantage.
- Minimum
of 5 years of experience in Digital/Transaction banking/Cash management
product Development/management role.
- Relevant
certifications (Sales and Project Management) are a plus.
Faulu Microfinance Bank is Hiring – Product & Ideation Manager
Are you passionate about product innovation and digital sales? Faulu
Microfinance Bank is looking for a Product & Ideation Manager to join its
Business Development Unit. This role is all about driving bold ideas, creating
impactful solutions, and shaping the future of financial innovation in Kenya.
✨
What You’ll Do:
✔️ Lead product ideation and
development of innovative financial solutions
✔️ Drive digital sales
strategies to enhance customer experience and business growth
✔️ Collaborate across teams to
implement effective, customer-driven business solutions
📌
How to Apply:
Apply directly through the official
portal here: https://lnkd.in/dkGUSStu
Internship Opportunities at Old Mutual—Marketing | Digital Sales | Legal
Job Description
Are you a dynamic, innovative, and driven individual looking
to launch your career in Kenya’s fast-paced banking industry? Faulu
Microfinance Bank is looking for talented interns to join our teams in
Marketing, Digital & Transactional Sales and Legal functions.
This is a perfect opportunity for individuals passionate
about understanding consumer needs, crafting compelling messages, and creating
memorable brand experiences, as well as for problem-solvers excited by
technology, business, and sales who want to contribute to cutting-edge digital
solutions; and for analytical minds keen to navigate the legal landscape of the
financial sector.
Internship Opportunities:
Marketing Interns:
- Dive
into Product & Research and Experiential Marketing, contributing to
market analysis, product launches, and engaging campaigns.
Digital & Transactional Sales Interns:
- Get
hands-on with the full lifecycle of digital solutions, from designing and
developing products to their release and Go-to-Market strategy, including
working on Digital Financial Services (DFS) like Mobile Loans and Internet
Banking.
Legal Interns:
- Explore
the legal intricacies of banking. You’ll assist with legal research,
support contract review and drafting, contribute to compliance and risk
management, and learn about providing advisory support within a corporate
legal framework.
Requirements:
- Must
have graduated with a first degree within the last 12 months or be
awaiting graduation.
- Must
be a Kenyan citizen.
- Must
be available for the entire internship duration.
- Should
NOT have undertaken any other internship or gained significant work
experience related to your field since graduating.
- Must
provide a recommendation letter from your university.