Senior Associate, Portfolio Administrator at ICEA Lion Group

Senior Associate, Portfolio Administrator at ICEA Lion Group – ICEA Lion Group Kenya Job Details

Senior Associate, Portfolio Administrator

ICEA Lion Group is seeking an experienced Senior Associate, Portfolio Administrator to oversee portfolio administration operations and ensure regulatory compliance across retirement benefit schemes.

Key Responsibilities

• Oversee team’s day-to-day operations, track progress towards goals, and report results to management
• Ensure overall scheme compliance with regulatory requirements, risk management, and internal audit standards
• Execute and file service level agreements and deed of adherence for all employers with the regulator
• Maintain compliance with Trust Deed & Rules and regulatory requirements from RBA, KRA, CMA, UFAA, and ARBS
• Coordinate with clients and scheme service providers (Trustee, fund managers, actuary, and auditors)
• Maintain accurate and complete member records
• Validate and process sponsor contributions
• Ensure timely member statement preparation and dispatch
• Calculate and process member withdrawal benefits accurately and promptly
• Track participating employers with outstanding contributions monthly
• Submit accurate quarterly reports to RBA
• Calculate individual transfer and total surrender values for scheme winding up
• Liaise with auditors and service providers for smooth audit processes
• Attend Management Committee meetings on administration issues as required
• Review and recommend system and process enhancements
• Address enquiries from intermediaries and clients promptly
• Assist in preparing management reports for monthly meetings
• Execute other assigned duties as needed

Required Qualifications

• Bachelor’s Degree in Commerce, Mathematics, Statistics, or related discipline from a reputable university
• Professional qualification in Finance (CPA (K), ACCA, or equivalent) is an added advantage
• Minimum six (6) years’ experience in retirement benefits/schemes administration