Nuru International’s Fellows Program is a 13-month opportunity for talented and motivated professionals to use their skills to affect real social change by working directly with communities in rural Kenya to end extreme poverty. A stipend, flights, accommodation, travel insurance and a modest living allowance will be provided; as well as a 2-week intensive training in the U.S. prior to leaving.

To view the Fellows Program Overview, as well as the Fellows Program Promo Video go to http://www.nuruinternational.org/fellows.

Overview:

The IGA Fellow reports directly to the Nuru Chief Financial Officer. He/she contributes to Nuru’s mission by managing the Income Generating Activities in Kenya, which include three main activities: agribusiness, a dairy farm, and health commodities sales. Income Generating Activities are critical to creating financially self-sustaining and scaling model. The IGA Fellow will manage Nuru's businesses on the ground and ensure their profitability and scalability.

Specific Responsibilities include:

Responsible for meeting goals of income generating actives of Nuru Kenya. Empower, train and mentor the Nuru Kenya IGA Manager to facilitate successful 5 year exit.
Facilitate third party evaluation of the IGA program as needed. Manage financial resources allocated to the IGA program to include: budget forecasting, sustainable revenue generation, and supervise and mentor the Nuru Kenya accounting team in conjunction with the Nuru International Controller.
Maintain effective relationship with government entities. Manage and coordinate all operations conducted by partners within IGA program. Conduct effective turnover to future IGA Fellow. Required Skills and Attributes:
Business degree (MBA desirable).Minimum 4 years of business experience. Prefer experience running a company or managing a P/L with $1m-$2m budget.Prior experience in developing world. Experience and / or interest in working with the poor. Strong work ethic. Strong leadership and team building experience. Ability to do crisis management and rapid, innovative problem solving in uncertain environments. Strong commitment to the mission and vision of Nuru International.How to apply:

If you are interested in this position, please submit your resume/ CV and cover letter to Jobs@nuruinternational.org.
Please outline how your skills and experience meet the qualifications of the position, and include how you heard about this opportunity.

Closing Date: 15 April 2012

Applications will be reviewed on a rolling basis.
Nuru International is an Equal Opportunity Employer.

Monday is not one of my popular days since reporting to work feels more like a punishment but because I have to ‘earn’ reporting to work is not an option. My career plan is to quit at the ripe age of 35 years and by then become self employed on a full time basis.

This has led to me trying out various ways to make a side income from a Matatu, a cyber café and other small ventures. Some have worked and others have cost me dearly.

Interesting enough, I have spoken to many friends and colleagues here at the office who have expressed that they too would like to earn some side income outside of their primary jobs, but most of them do not consider extra income to be a necessity.

In my opinion, side income is something everyone needs. Here are a few reasons why you should start building an income stream outside of your main job.

1. Personal Safety Net
Your side income can be your personal safety net against unemployment. Job security is really a thing of the past, and you should be prepared to lose that income at any time. In many ways, having a good side income is better than having an emergency fund, because an emergency fund will run out, but you can build your side income further if you lose your job. I have been fired once for a crime I didn’t commit. One end month we all got letters detailing the end of our contracts and from that time I swore never to be caught unawares.

2. Control Your Income
Last year I did not get a salary raise at my current job due to the economy. However, I did give myself a “raise” by increasing my side income. I have practically no control over the performance of the greater Kenyan economy and my employer, but I do have control over my side income.

Some of my colleagues and family members actually suffered salary cuts last year, and if they created some side income then they could have made up the difference and perhaps given themselves raises, too. Adding a side income gives you greater control on your finances and helps fight against the recession’s toll.

3. Have More Savings
This one is a no brainer. If you can earn more income and spend the same amount, then you will be able to save more and invest more. Every little bit of extra money will bring you closer to financial independence, and everyone could use more savings and less debt.

4. Use Your Time More Productively
Most people want to have some side income but never seriously pursue it because they are too comfortable with a steady salary and don’t have the motivation to do something extra outside of their regular jobs. Then there are others who simply do not know where to start. The most important thing is to just start something, and maybe one day that side income will replace your full-time job entirely.

What is your side income job?

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Dealer, Money Market & Fixed Income Unit
Job Ref: TREASURY06/2010

The Position

Reporting to the Head, Money Market & Fixed Income Unit, the successful candidate will provide efficient and effective support for managing a profitable portfolio through market operation as per ALCO guidelines

Key Responsibilities

To ensure that Investment is made as per ALCO decisionsTo satisfy our existing clients’ investment management needs and attract new clients through profitable market operationsTo generate income for the Bank through target investments as per plan.To ensure that the Bank complies with interest rate and liquidity mismatch risk guide lines of CBK and the Bank.Ensure increase in income and volumes from customers through, offer of innovative solutions and profitable trading in Fixed Income Market.Actively contribute to improvements in quality/efficiency of treasury products delivery process.Actively identify and market clients with potential to grow revenues from sales of treasury products and services.Assist in developing and maintaining client call and visit schedule and follow up on report action points.Keeping customers informed on what is happening in the market and concluding deals with them.The Person

In order to be considered for the above position, all applicants should have:-

A University degree from a recognized university in a relevant field, preferably with an MBA or other relevant postgraduate qualification.At least 3 years general banking experience with at least a minimum of 2 years in a direct foreign exchange and money market trading and treasury operations in a dynamic dealing roomA good understanding of micro and macro economics to interpret likely currency and interest rate trends both locally and on the international marketsGood understanding of the CBK and Banking Acts and their implications on the organization.Strong all round knowledge of all bank products in the bank is critical due to the level of contact the job holder has with the Bank’s high end customersComprehensive understanding of the Treasury function from end to end including the back office processing componentComprehensive understanding of all Treasury products including foreign exchange, money markets, derivatives and fixed incomeA strong understanding of risk managementThe above position is a demanding role for which the bank will provide a competitive package for the successful candidate.

If you believe you can clearly demonstrate your abilities to meet the criteria given above, please submit your application with a detailed CV, stating your current position, remuneration level, e-mail and telephone contacts quoting the respective job title or ref no. in the subject field to recruitment@kcb.co.ke.

To be considered your application must be received by 21st October 2010.

Only short listed candidates will be contacted.

For a more comprehensive collection of jobs in Kenya, visit our new Kenyan Jobs Website http://www.kenyan-jobs.com/

Head, Money Market & Fixed Income Unit
Job Ref: TREASURY 05/2010

The Position

Reporting to the Divisional Director Treasury, the successful candidate will manage a profitable Fixed Income portfolio through market operation and manage the interest rate and liquidity risk of the Bank as per ALCO guide line.

Key Responsibilities

To ensure that the asset, liabilities and liquidity position of the Bank is maintained as per Bank’s guide line.To ensure that investment is made as per ALCO decision.To satisfy our existing clients’ investment and liquidity management needs and attract new clients through profitable market operation.Ensure that the Bank funds itself daily and meets all its payment obligations.Income generation for the Bank through target investments as per plan.Provide leadership in ensuring that the Bank complies with interest rate and liquidity mismatch risk guide in line of CBK and the KCB Bank GroupTo increase income and volume from customers through efficient pricing of deposits, offer of innovative solution and profitable trading in Fixed Income Market.The Person

In order to be considered for the above position, all applicants should have:-

A University degree from a recognized university in a relevant field, e.g. Statistics, Maths, Economics, Finance, Computer Science etc preferably with an MBA or other relevant postgraduate qualification;Professional Banking qualification or equivalent; ACIB/AKIB, CFA, CPAMinimum 7 years proven working experience in a large dealing room/ Treasury Function 3 years of which must be at a senior level.Proven track record in strategic planning and money market management.Comprehensive understanding of all Treasury products including foreign exchange, money markets, derivatives and fixed incomeComprehensive understanding of the Treasury function from end to end including the back office processing componentAbility to build and maintain Business relationshipsStrong leadership and interpersonal skills.The above position is a demanding role for which the bank will provide a competitive package for the successful candidate.

If you believe you can clearly demonstrate your abilities to meet the criteria given above, please submit your application with a detailed CV, stating your current position, remuneration level, e-mail and telephone contacts quoting the respective job title or ref no. in the subject field to recruitment@kcb.co.ke.

To be considered your application must be received by 21st October 2010.

Only short listed candidates will be contacted.

For a more comprehensive collection of jobs in Kenya, visit our new Kenyan Jobs Website http://www.kenyan-jobs.com/