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.
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Job Summary
Reporting to the Head Operations & Service the role holder will provide exemplary and effective service through timely processing of all instructions to custodial clients while ensuring compliance with all regulatory standards.Job Description
Key Responsibilities and Accountabilities
Operations & Internal Business Processes – 50%
- Instructions management
- Corporate actions processing and management
- Instruction execution including call backs and signature verifications
- Processing of Money Market investments instructions as per SLA’s while prioritizing those earmarked to fund other settlements and primaries
- Processing of all withdrawals/ benefit payments while ensuring end to end processing of customer instructions
- Processing of a fixed income investments in the primary and secondary market as per SLAs
- Processing equities investment instructions as per SLAs
- Client queries resolution in line with target TAT
- Account opening – Cash accounts, Safekeeping and Depository accounts
- Asset transfers - FOP
Risk and Compliance – 20%
- Risk and product family reviews
- Criticality Process assessments
- Controls testing
- Regulatory reporting to CBK, CMA, RBA
Reconciliation – 20%
- Daily reconciliation of the custodial nominee accounts against CASA accounts to ensure accuracy and resolve any discrepancies
- Daily reconciliation of processing GLs
- Asset reconciliations with depositories, clients and fund managers
- Cash and income reconciliation for coupons and dividends
- Monthly GL reconciliation
- Deposits reconciliation
Income management – 10%
- Monthly fees accrual and reconciliation
- Invoices generation
- Custody fees collection
- Reconciliation of custody fee GLs
Knowledge & Expertise
Qualification
- A Business-related degree professional qualification
- Basic I.T & Accounting Qualification
- CMA Securities Industry Certification (CISI).
- CPA OR CFA
Experience
- Minimum of at least 4-years’ experience in Custodial Services/Securities Services operations
- Ability to analyse and/or interpret financial statements, and advice accordingly.
- Keen to details and able to interpret fund managers investment instructions and apply them appropriately.
- Computer literate with proficiency in computerized applicable systems.
- Candid knowledge of the financial sector and investment opportunities.
***Application Deadline – 7th July 2026***
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 achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.
Education
Higher Diplomas: Business, Commerce and Management Studies (Required)Skills Required
- Higher Diploma in Business, Commerce or Management Studies
- Business-related degree or professional qualification
- Basic IT qualification
- Accounting qualification
- CMA Securities Industry Certification (CISI)
- CPA or CFA
- Minimum 4 years' experience in Custodial Services / Securities Services operations
- Ability to analyse and interpret financial statements
- Proficiency with computerized systems (computer literate)
- Knowledge of financial sector and investment products
Absa Group Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Absa Group and has not been reviewed or approved by Absa Group.
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Healthcare Strength — Medical aid, group life, disability, and funeral cover are described as comprehensive, with features such as terminal‑illness advances and beneficiary grocery benefits. Wellness and assistance offerings support overall financial and personal wellbeing.
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Retirement Support — A pension fund and group retirement arrangements are positioned as core benefits within fixed remuneration. Retirement coverage is embedded alongside other protections as part of standard employment.
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Equity Value & Accessibility — Employee share‑ownership (eKhaya) and equity‑linked awards broaden wealth‑sharing, with dividends or cash‑equivalent participation in some markets. This provides longer‑term value beyond base pay.
Absa Group Insights
What We Do
Absa Group Limited (Absa) has forged a new way of getting things done, driven by bravery and passion, with the readiness to realise growth on the African continent and beyond. We’re a truly African brand, inspired by the people we serve in Botswana, Ghana, Kenya, Mauritius, Mozambique, Seychelles, South Africa, Tanzania, Uganda, and Zambia. We also have representative offices in China, Namibia, Nigeria and the United States, as well as securities entities in the United Kingdom and the United States, along with technology support colleagues in the Czech Republic.
