Job Purpose

• Reporting directly to the Board of Trustees, the Trust Secretary is responsible for overseeing the implementation of the Schemes’ strategic vision, investment management, benefits administration, statutory compliance, advising both DB and DC Boards of Trustees on strategic decisions. The role will entail overseeing the schemes’ assets totaling approximately Kshs.18.6 billion invested in various assets as per the RBA guidelines.
• The Job is on a five (5) year renewable contract subject to performance and Board of Trustees approval.

Key Responsibilities

• Provide strategic leadership in the identification, review and implementation of policies, strategies and programmes to facilitate high performance pf the pension schemes.
• Provide overall oversight, direction and control of the schemes’ operations to ensure that their activities are managed in a professional efficient and effective manner in order to meet their respective visions, missions and objectives in accordance with relevant legislation.
• Prepare Scheme budgets, cashflows and liquidity requirements as may from time to time be required.
• Administer the Schemes in accordance with the respectiveTrust Deed and Rules.
• Liaise with professional advisers and conduct periodic audit of securities to ensure availability of title documents.
• Monitor performance and service standards of all service providers and report appropriately to the Trustees.
• Serve as the secretary to the Boards of Trustees and ensure execution of the Trustee resolutions.
• Ensuring compliance with the Retirements Benefits Act and other legal and regulatory requirements.
• Liaise with the Fund managers, custodians and other professional service providers in ensuring efficient operation of the schemes.
• Administer the schemes in accordance to the Retirements Benefits Act and Regulations.
• Undertake any other duties as delegated by the Boards (DB & DC)

Job Requirements

• Education: A Master’s degree in Business Administration (MBA)
• Bachelors Degree in Business, Economics, Law, Social Science, Human Resource, Actuarial Science, Insurance, Finance, Accounting or any other relevant field from a recognized institution.
• Professional Qualification: Must be a member in good standing of ICPAK, ICIFA or other relevant certifying body. ICS Membership and Trustee certification (TDPK) will be an added advantage.
• Experience: At least fifteen (15) years’ experience in pensions governance and administration with at least ten (10) years post qualification experience in a senior management role within the pension industry. Strong organizational, communication, and interpersonal skills.
• The successful candidates will be required to meet and provide requisite documentation for compliance with the requirements of Chapter Six of the Constitution of Kenya