JOB OPPORTUNITY IN MOMBASA: ACQUISITION ASSOCIATE

Explore exciting opportunities in Mombasa as an Acquisition Associate. Join us and unleash your potential in driving SMEs and dealers under Retail Finance programs. Apply now for a fulfilling career with impactful responsibilities.

Job Overview:

Position: Acquisition Associate

Location: Mombasa

Job Type: Full Time

Application Deadline: November 27, 2023

Job Level: Entry Level Professional

Education: Foundation Diploma

Job Purpose:

As an Acquisition Associate, you will play a pivotal role in onboarding SMEs and dealers under Retail Finance programs. Your responsibilities include engaging with clients, coordinating with operations teams, and ensuring compliance with regulatory standards.

Responsibilities:

Business:

On-boarding Excellence

• On-board new spokes under Distributor Finance and Supplier Finance programs.
• Coordinate with operations for SME limit setups.
• Provide on-the-ground support during post and onboarding processes.

Relationship Building

• Build relationships with decision-makers in the client base.
• Manage onboarding relationships effectively.
• Leverage in-house technology to record client details.

Collaboration

• Work closely with the Front Office and potentially directly with clients.
• Obtain necessary supporting evidence for KYC due diligence.
• Collaborate with the onboarding operations team for accurate and timely setups.

General:

Client Engagement

• Engage clients throughout the onboarding process.
• Ensure seamless delivery and client satisfaction.
• Drive execution of processes, working closely with stakeholders.

Process Improvement

• Provide insights for improving processes.
• Identify opportunities to streamline operations.
• Promote standard work and best practices.

Risk Management:

Compliance

• Be aware and understand the regulatory framework.
• Comply with Money Laundering Prevention Procedures.
• Report any suspicious activity to the operational risk team.

Control Measures

• Proactively manage risks and establish/monitor controls.
• Undertake ad-hoc duties when delegated by the Line Manager.

Governance:

Policy Adherence

• Ensure compliance with internal policies and credit policies.
• Adhere to external policies, regulatory, and statutory requirements.

Self-Assessment

• Undertake periodic self-assessment on key controls.
• Highlight significant issues/errors to the team.

Regulatory and Business Conduct:

Ethical Conduct

• Display exemplary conduct and live by the Company’s Valued Behaviors.
• Take personal responsibility for embedding the highest standards of ethics.

Compliance

• Ensure compliance with applicable laws, regulations, and guidelines.
• Achieve outcomes set out in the Company’s Conduct Principles.

Qualifications & Experience:

• Strong ability to positively influence stakeholders.
• Excellent writing and presenting skills in English.
• Problem-solving mindset with a clear understanding of client needs.
• Ability to work independently and handle pressure.
• Diploma level education.
• Knowledge of Client Onboarding and Regulations is a plus.

EXPERT TIPS TO BE A SUCCESSFUL APPLICANT:

1. Showcase Stakeholder Influence:

Highlight instances where you positively influenced stakeholders, demonstrating your ability to orchestrate and execute processes effectively.

2. Effective Communication:

Emphasize your strong communication skills in English, showcasing your ability to engage with clients and present ideas clearly.

3. Problem-Solving Abilities:

Provide examples of how you’ve approached problem-solving, showcasing your resilience and innovative thinking.

4. Independence and Time Management:

Illustrate instances where you’ve worked independently, meeting tight deadlines and coping well with pressure.

5. Team Collaboration:

Demonstrate your role as a team player, showcasing interpersonal skills and your ability to collaborate with diverse teams.

6. Educational Background:

Highlight your diploma-level education and connect it with your understanding of Client Onboarding and Regulations.

7. Client Focus:

Showcase your clear understanding of client needs and how you plan to service them effectively.

8. Process Optimization:

Provide examples of how you contributed to process improvement and promoted best practices.

9. Risk Management Skills:

Illustrate your awareness of risk management principles and your ability to proactively manage risks.

10. Regulatory Compliance:

Emphasize your commitment to compliance with laws, regulations, and company policies.

Frequently Asked Questions:

Q1: What is the application deadline for this position?

The application deadline is November 27, 2023.

Q2: What level of education is required for this role?

A Foundation Diploma is required for this position.

Q3: Are there opportunities for career growth within the company?

Yes, the company offers opportunities for career growth based on performance and skills development.

Q4: How can I ensure compliance with regulatory requirements during client onboarding?

You can ensure compliance by following the internal policies, credit policies, and regulatory guidelines outlined by the company.

Q5: What are the key responsibilities of an Acquisition Associate?

Key responsibilities include onboarding new clients, building relationships with decision-makers, and ensuring compliance with regulatory standards.

Q6: Can I apply if I don’t have experience in client onboarding?

Yes, the role is open to entry-level professionals, and training will be provided.

Q7: How does the company promote a positive work environment?

The company promotes a positive work environment through its valued behaviors, code of conduct, and regular employee engagement initiatives.

Q8: What are the growth prospects for an Acquisition Associate?

Growth prospects include opportunities to move into senior roles and take on more responsibilities within the company.

Q9: How can I demonstrate my stakeholder influence in the application?

Highlight instances where you positively influenced stakeholders in your previous roles or academic projects.

Q10: What sets a successful applicant apart from others?

A successful applicant demonstrates a combination of strong communication skills, problem-solving abilities, and a commitment to compliance and ethical conduct.