National Social Security Fund (NSSF) Hiring | 7 Posts

KEY RESPONSIBILITIES:

•  Advise the Fund on legal matters and monitors compliance to various applicable laws and regulations;
•  Initiate policy, strategy and programs for Legal Services and Ethics & Integrity functions;
•  Provide timely legal advice to assist the Fund in making informed decisions;
•  Keep safe custody of the seal of the Fund and accounts to the Board for its use
•  Assist the Board in carrying out; Board induction and training, Update the Board, Preparation of Board work plans, Board evaluation, Governance audit, Implementation of the Code of Conduct and Ethics;
•  Provide Secretarial services to the Board of Trustees, Board Committees and EXCOM;
•  Ensure that the Fund operates within its established legal framework and complies with statutory and other regulatory requirements by undertaking periodic legal audit compliance;
•  Co-ordinate and ensure representation of the Fund in courts or/and quasi-judicial institutions including dispute resolution forums;
•  Oversee the debt recovery process and selection of external counsel for litigation and conveyancing;
•  Coordinate all legal matters in liaison with State Law Office, Government Ministries & Agencies, external counsel and third parties;
•  Develop and review security documentation, leases, service level agreements, contracts, and all legal instruments that relate to the Fund;
•  Provide advisory services on the implementation/management of the legal recovery processes in accordance with legal instruments entered into;
•  Ensure that Intellectual Property Rights are registered and secure;
•  Ensure Safe custody of the Fund’s seal and record of its usage, minute books and instruments of Fund;
•  Update the Board, Management and staff on new development in legal environment, providing advisory service, offering legal opinions/advice, identification and mitigation of legal risks and interpretation of legal instruments and statutes;
•  Prepare the annual calendar of Board/Board Committee/EXCOM meetings;
•  Ensure proper execution of contracts by authorized signatories;
•  Ensure timely compliance with rules and regulations affecting the Fund, including the Code of Conduct and Ethics;
•  Attend to all legal matters of the Fund including vetting and drafting of legal agreements in relation to the Fund’s operations; and
•  Enhance ethics, integrity and corruption prevention in the Fund.

JOB REQUIREMENTS/SPECIFICATIONS:

•  Master’s Degree in Law, Finance, Business Management, Business Administration or a related field from a recognized institution;
•  Bachelor’s Degree in Law, Finance, Business Management, Business Administration or a related field from a recognized institution;
•  Professional qualification in any of the following disciplines: Law, Finance, Business Management or a related field from a recognized institution;
•  At least twelve (12) years relevant cumulative work experience, five (5) of which should have been at a senior management position;
•  Certified Public Secretary;
•  Membership to a relevant and accredited professional body and in good standing;
•  Leadership Course from a recognized institution or a Certificate in Corporate Governance;
•  Certificate in computer applications from a recognized institution; and
•  Fulfilled requirements of Chapter 6 of the Constitution.

COMPETENCIES:

•  Strong leadership, strategic formulation execution capabilities;
•  Relationship management, problem solving &analytical ability;
•  Governance ðics management capability;
•  Interpersonal &Communication Skills;
•  Tact & diplomacy;
•  Negotiation skills;
•  Fulfilled the requirements of Chapter Six of the Constitution; and
•  Demonstrated results in work performance.

KEY RESPONSIBILITIES:

•  Develop and implement financial strategies that support the Fund’s goals and objectives;
•  Develop policy guidelines on all matters related to management of the Funds’ properties;
•  Develop and oversee the fund’s investment portfolio and making decisions that will maximize returns;
•  Develop a robust investment policy statement for the Fund in line with corporate objectives;
•  Create and manage budgets to ensure efficient allocation of financial resources;
•  Manage cashflows, liquidity and working capital to support the Fund’s operations;
•  Conduct financial analysis to evaluate investment opportunities and cost cutting measures;
•  Maintain system of accounts and keeping books and records on all transactions and assets and Oversee the financial audit of the Fund;
•  Create financial forecasts and models to support long-term planning and decision making;
•  Implement cost control measures to enhance profitability and efficiency;
•  Prepare financial statements, reports, and present to Senior managers and the Board;
•  Identify and manage financial risks and develop policies to mitigate them;
•  Develop and maintain strategic relationships with key stakeholders;
•  Monitor performance of the Fund’s assets and liabilities;
•  Carry out feasibility analyses on viable investment opportunities;
•  Analyze the Funds’ financial performance in comparison with the industry trends, identifying and managing risks including stress tests and scenario analyses;
•  Develop tax strategies to optimize the Fund’s tax position;
•  Determine investment goals and strategies in consultation with Fund managers;
•  Conduct feasibility studies and making recommendations on the development concepts, land acquisitions, preliminary programs and budgets;
•  Oversee ongoing projects including reviewing progress with contractors, consultants and project managers;
•  Ensure compliance with regulations including timely payments of statutory fees; and
•  Ensure the Fund’s properties are maintained at the highest habitable state.

JOB REQUIREMENTS/SPECIFICATIONS:

•  Master’s Degree in Actuarial Science, Finance, Accounting, Economics, Commerce or a related field from a recognized institution;
•  Bachelor’s Degree in Actuarial Science, Finance, Accounting, Economics, Commerce or a related field from a recognized institution;
•  Professional qualification in any of the following disciplines: Certified Public Accountant (CPA (K)), Association of Chartered Certified Accountants (ACCA), Certified Financial Analyst (CFA), Certified Investment and Financial Analyst (CIFA), Fellow of the Society of Actuaries (FSA), Fellow of the Institute and Faculty of Actuaries, Certification in Insurance or any other relevant qualification or a related field from a recognized institution;
•  At least twelve (12) years’ work experience, five (5) of which should be in a senior management position;
•  Membership to a relevant and accredited professional body such as ICPAK,. ACCA, CFA Institute, ICIFA, Institute of Faculties of Actuaries (IFoA), Society of Actuaries (SoA), The Actuarial Society of Kenya (TASK) and/or ICIFA or any other relevant association and in good standing;
•  Leadership Course from a recognized institution or a Certificate in Corporate Governance;
•  Proficiency in computer applications; and
•  Fulfilled requirements of Chapter 6 of the Constitution;

COMPETENCIES:

•  Considerable knowledge of investment concepts, terminology, styles, models, and strategies, including portfolio theory, asset liability studies, asset allocation and performance measurement, and a solid understanding of capital markets;
•  Ability to analyze and evaluate risk and performance of investment managers across equity, fixed income, hedge fund, private equity and real asset strategies;
•  Extensive knowledge of statistical concepts, methods, and models, and their application to investments;
•  Knowledge of actuarial concepts and how they apply to pension funding and asset allocation decisions;
•  Solid understanding of financial markets and economic indicators;
•  Strong expertise in strategic management, project planning and budgeting, resource management, strategy implementation as well as monitoring and evaluation;
•  Analytical and problem-solving skills to enable identify Risk awareness and focus.
•  Ability to effectively manage multiple stakeholders;
•  Strong business acumen;
•  Strong leadership and people management, interpersonal skills, including ability to build alliances and relationships with the right level of sensitivity to diversity; and
•  Strong communication and presentation skills

KEY RESPONSIBILITIES:

•  Formulate and ensure implementation of leading Human Resource, Administration and Security strategies and policies in line with Fund’s core values and Kenyan Labour laws;
•  Set divisional goals and provide necessary direction to managers within own purview based on the Fund’s aspirations;
•  Ensure continuous review and assessment of the effectiveness and efficiency of the Fund’s HR policies, procedures and processes and identifying improvement opportunities;
•  Advise on appropriate organizational structure, aligned to the Fund’s talent management, HR operations and administration strategy; to maximize organizational effectiveness;
•  Contribute to and advise on change management, especially with regards to the development and shaping of the workforce in line with business needs and considering current HR trends;
•  Sett and continuously review employee engagement benchmarks and KPI’s based on best practice to align with the Fund’s strategy and advice on changes as appropriate;
•  Ensure the Fund acquires, trains, develops and retains high calibre, skilled and wellmotivated employees capable of matching present and future operational and business requirements in line with the Fund’s Strategy;
•  Oversee the Fund’s performance management system and advising senior management on appropriate benchmarks for staff; Continuously reviewing, managing and putting forward proposals with regard to compensation and benefits to ensure that the Fund remains a competitive employer;
•  Manage the Fund’s Human Resource Information Systems to ensure efficiency and effectiveness of service provision to internal customers and timely provision of reports;
•  Ensure the provisions of the Data Protection law are implemented to the letter;
•  Monitor negotiations of the Collective Bargaining Agreement (CBA) and ensuring the implementation of agreed recommendations e.g. salary increases, leave, allowances etc.;
•  Regularly update the office procedures manual and ensure that the provisions havebeen fully implemented; and Managing administration services staff to ensure effective management of office premises including utilities and facilities, travel and accommodation and ensure these are secure and efficiently utilized.
•  Oversee facility management and protection of the Fund’s property, office premises and assets, both developed and undeveloped;
•  Ensure records in the custody of the Division are managed according to laid down policies: and
•  Gather intelligence on potential security threats to the Fund’s assets and personnel and devise mitigation strategies.

JOB REQUIREMENTS/SPECIFICATIONS:

•  Master’s Degree in any of the following disciplines; Human Resource Management, Business Administration, Social Sciences or a related field from a recognized institution.
•  Bachelor’s Degree in any of the following disciplines; Human Resource Management, Business Administration, Social Sciences or a related field from a recognized Institution;
•  Certified Human Resource Professional qualification, CHRP (K) or its equivalent from a recognized institution;
•  At least twelve (12) years’ relevant cumulative, work experience, five (5) of which should be in a senior management position;
•  Membership in a relevant and accredited professional body and in good standing/practicing certificate;
•  Leadership Course from a recognized institution or a certificate in Corporate Governance;
•  Proficiency in computer applications; and
•  Fulfilled the requirements of Chapter 6 of the Constitution.

COMPETENCIES:

•  Broad knowledge and experience in compensation, organizational planning, organization development, employee relations, health and safety, and learning and development;
•  Technical experience in human resources and/or business administration with Knowledge and understanding of Kenyan Employment and Labour Relations Law;
•  Industrial disputes resolution skills, counselling and arbitration skills for Conflict management;
•  Knowledge of leading practice strategies, tools and processes in organization design;
•  Strong expertise in strategic management, project planning and budgeting, resource management, strategy implementation as well as monitoring and evaluation;
•  Risk awareness and focus;
•  Analytical and problem-solving skills;
•  Strong interpersonal skills, including ability to build alliances and relationships with the right level of sensitivity to diversity; and
•  Strong communication and presentation skills
•  Strong Leadership skills.

KEY RESPONSIBILITIES:

•  Develop an annual audit plan based on a risk assessment to determine areas that need to be audited in the Fund
•  Formulate and coordinate the implementation of internal audit and risk assessment policies, strategies and plans;
•  Ensure internal audits are conducted to assess the effectiveness of internal controls, risk management and compliance with policies and regulations;
•  Identify and evaluate risks within the Fund and develop strategies to mitigate the risks;
•  Prepare audit reports that summarize findings and recommendations and present to the Senior Management and the Board;
•  Recommend improvements to existing processes, to enhance efficiency and effectiveness;
•  Ensure the Fund complies with the various laws and regulations and advise on changes that will ensure compliance
•  Provide reasonable assurance on the state of risk management, control and governance within the Fund;
•  Investigate and detect fraudulent activities within the Fund and implement measures to prevent future occurrence:
•  Assess whether resources are acquired economically, utilized efficiently and adequately protected;
•  Ensure that resources are acquired and economically used efficiently and adequately protected;
•  Liaise with external auditors on annual audit exercise;
•  Monitor and track implementation of audit recommendations and verify corrective actions taken;
•  Build and maintain strong relationships with stakeholders such as management, external auditors and regulatory bodies;
•  Leverage on audit technology and data analytics to enhance the efficiency and effectiveness of audits and
•  Provide independent assurance on risk management process on both design and operation.

JOB REQUIREMENTS/SPECIFICATIONS:

•  Master’s Degree in Finance, Economics, Statistics, Project Management, Business Administration or any other relevant qualification from a recognized institution;
•  Bachelor’s Degree in Finance, Economics, Statistics, Project Management, Business Administration or any other relevant qualification from a recognized institution;
•  Professional qualification such as CIA, CISA, ACCA, CPA (K), CRMA, PRM, or equivalent from a recognized institution;
•  At least twelve (12) years’ work experience, five (5) of which should have been in a senior management position;
•  Membership to a relevant and accredited professional body such as ICPAK, IIA, ISACA, ACCA or any other relevant qualification; and in good standing;
•  Leadership Course from a recognized institution or a Certificate in Corporate Governance;
•  Proficiency in computer applications; and
•  Fulfilled the requirements of Chapter 6 of the Constitution.

COMPETENCIES:

•  Excellent understanding of international financial reporting standards (IFRS);
•  Excellent grasp of financial and management accounting; taxation and relevant legislation;
•  Knowledge of accounting principles and practices, the financial markets, as well as the analysis and reporting of financial data;
•  Working knowledge of strategic planning concepts;
•  Good understanding of pension scheme related regulations;
•  Strong expertise in strategic management, project planning and budgeting, resource management, strategy implementation as well as monitoring and evaluation;
•  Risk awareness and focus;
•  Analytical and problem-solving skills;
•  Strong leadership and people management skills;
•  Strong business acumen;
•  Strong interpersonal skills, including ability to build alliances and relationships with the right level of sensitivity to diversity; and
•  Strong communication and presentation skills.

KEY RESPONSIBILITIES:

•  Formulate and ensure implementation of leading social security administration strategies that will drive up member registration and improve collections;
•  Provide input into development of the Fund’s strategy, including any action plans and budgets;
•  Set departmental goals and providing necessary direction within the Division;
•  Keep abreast of local and global leading practices and trends and making recommendations to the Managing Trustee/CEO and departmental heads on how this impacts the Fund;
•  Develop and implement strategies that will ensure that ensure that the Fund’s social security offerings are in line with member requirements and drive the growth of member registration through-out the country;
•  Lead the development of the Fund’s member registration and contribution guidelines, policies and direct implementation of the same, ensuring that they are in line with relevant legal and statutory guidelines and best practices;
•  Drive the identification of risks inherent in social security operations and articulate mitigating steps for addressing them in conjunction with the Risk Management Department.
•  Ooversee the preparation of periodic reports on member registration and contribution collections;
•  Oversee the maintenance and management of information including membership, contribution and benefits databases;
•  Ensure the implementation of efficient data and records management systems that will guarantee the integrity of data and information resources;
•  Ensure effective management of the interfaces connecting head office operations, regional offices and branches; and
•  Establish policies, systems and processes to ensure the effective processing and payment of benefits;

JOB REQUIREMENTS /SPECIFICATIONS:

•  Master’s Degree in Actuarial Science, Social Sciences, Business Administration, Law, Public Relations, Marketing or its equivalent from a recognized Institution;
•  Bachelor’s Degree in Actuarial Science, Social Science or Business Administration or Law or Public Relations or Marketing or its equivalent from a recognized Institution;
•  At least twelve (12) years’ relevant cumulative work experience with five (5) at a senior management position;
•  Membership to a relevant and accredited professional body and in good standing;
•  Leadership Course from a recognized institution or a Certificate in Corporate Governance;
•  Proficiency in computer applications; and
•  Fulfilled requirements of Chapter 6 of the Constitution.

COMPETENCIES:

•  Good understanding of pension scheme related regulations;
•  Good understanding of financial markets and economic indicators;
•  Experience with policy development and formulation;
•  Good understanding of operations management, retail direct marketing tactics, etc. within the financial services sector;
•  Strong expertise in strategic management, project planning and budgeting, resource management, strategy implementation as well as monitoring and evaluation;
•  Ability to drive execution by clarifying objectives and allocating resources effectively;
•  Risk awareness and focus;
•  Analytical and problem-solving skills;
•  Strong leadership and people management skills;
•  Ability to effectively manage multiple stakeholders;
•  Strong business acumen;
•  Strong interpersonal skills, including ability to build alliances and relationships with the right level of sensitivity to diversity;
•  Strong communication and presentation skills;
•  Strong persuasion and negotiation skills;
•  Must be self-driven, highly organized, and able to work well with people at all levels within the organization;
•  Good customer relationship management skills; and
•  Tact and diplomacy.

KEY RESPONSIBILITIES:

•  Develop and implement the Fund’s overall strategic plan, which includes defining the mission, vision and long-term objectives;
•  Develop an inclusive and robust strategy formulation and planning process; to guide the Fund in the strategy articulation process;
•  Direct the process of cascading corporate strategy into functional strategies, objectives and priorities, including relevant targets;
•  Conduct in-depth market research to identify trends, opportunities and threats that may impact negatively on the Fund’s strategic direction;
•  Oversee the Fund’s Performance Management processes by developing and monitoring Key performance indicators to measure the success of strategic initiatives and research efforts;
•  Formulate strategies and policies that support innovation in the organizations;
•  Evaluate business development and growth opportunities in line with internal priorities, allocate resources and plan for implementation;
•  Drive and enhance Product & Service Delivery Innovation;
•  Identify and assessing risks that could affect the Fund’s operations, financial stability and reputation;
•  Develop strategies to mitigate and manage identified risks, which may include risk transfer, risk reduction or risk avoidance;
•  Ensure that an appropriate Business Continuity Plan (BCP) is in place;
•  Oversee the planning and execution of the Fund’s performance contracting agenda;
•  Oversee implementation of approved Total Quality Management (TQM) frameworks to ensure Quality Management Standards (QMS) are implemented successfully and;
•  Evaluate financial data to inform strategic decisions and ensure that the Fund’s financial goals are aligned with its strategic objectives;
•  Identify and evaluate potential strategic partnerships and alliances that align to the Fund’s goals;
•  Establish and maintain effective communication with internal and external stakeholders;
•  Ensure compliance with relevant laws and regulations in the areas of strategy, research and risk management; and
•  Responsible for development and implementation of strategies to ensure compliance with laws, regulations, standards, internal policies and procedures.

JOB REQUIREMENTS/SPECIFICATION:

•  Master’s Degree in any of the following disciplines; Actuarial Science, Strategic Management, Business Administration, Management, Finance, Economics, Mathematics, Statistics or a related field from a recognized institution;
•  Bachelor’s Degree in any of the following disciplines; Actuarial Science, Strategic Management, Business Administration, Management, Finance, Economics, Mathematics, Statistics or a related field from a recognized Institution;
•  Professional qualification from a recognized institution;
•  At least twelve (12) years’ relevant cumulative, work experience, five (5) of which should be in a senior management position;
•  Membership in a relevant and accredited professional body and in good standing;
•  Leadership Course from a recognized institution or a Certificate in Corporate Governance;
•  Proficiency in computer applications; and
•  Fulfilled the requirements of Chapter 6 of the Constitution.

COMPETENCIES:

•  Strong expertise in strategic management, project planning and budgeting, resource management, strategy implementation as well as monitoring and evaluation;
•  Risk awareness and focus;
•  Analytical and problem-solving skills;
•  Strong leadership and people management skills;
•  Ability to effectively manage multiple stakeholders;
•  Strong business acumen;
•  Strong interpersonal skills, including ability to build alliances and relationships with the right level of sensitivity to diversity;
•  Strong communication and presentation skills, including ability to develop proposals,
• concept papers, position papers as well as write reports and prepare relevant publications;
•  Strong persuasion and negotiation skills;
•  Must be a self-starter, highly organized, and able to work well with people at all levels within the organization;
•  Good customer relationship management skills (internal and external customers); and
•  Tact and diplomacy.

KEY RESPONSIBILITIES:

• Establish policies, systems and processes to ensure the effective processing and payment of benefits;
• Ensure that benefits are computed promptly, accurately and efficiently;
• Identify areas/opportunities for the improvement of the Fund’s benefits payments process in order to ensure improved service delivery;
• Receive and process legitimate claims;
• Re-engineer the benefits process and ensure reduced benefits processing time;
• Plan, organize and coordinate the benefits processing function; and
• Analyze claims processing effectiveness and efficiency within branches.

JOB REQUIREMENTS/SPECIFICATIONS:

• Master’s Degree in any of the following disciplines: Actuarial Science, Social Sciences, Business Administration, Law, Public Relations, Marketing or related field from a recognized institution;
• Bachelor’s Degree in any of the following disciplines: Actuarial Science, Social Sciences, Business Administration, Law, Public Relations, Marketing or related field from a recognized institution;
• Professional qualification in a related field will be an added advantage;
• At least ten (10) years’ work experience, five (5) of which should be in a senior management position;
• Membership to a relevant and accredited professional body and in good standing;
• Leadership course from a recognized institution or a Certificate in Corporate Governance;
• Certificate in computer applications from a recognized institution; and
• Fulfilled requirements of Chapter 6 of the Constitution.

COMPETENCIES:

• Integrity
• Ability to build and work through teams;
• Interpersonal skills;
• Communication skills;
• Strategic thinking;
• Business acumen; and
• Critical and analytical thinking.