Kenya has over 40 banks and several SACCOS.The jobs offered by these banks are mostly for fresh graduates and experienced professionals.
Despite the many banks that exist in Kenya, only a few banks advertise jobs regularly. Also not all banks pay graduates good salaries. Therefore, you should be made aware about the best banks to work for and how much the banks pay.
Before we go far, you should understand that the moment you decide to work for a bank in Kenya, chances of having your own side hustle becomes zero. Banking jobs are so involving and need a lot of commitments.
If you intend to work in a bank the following are common jobs advertised:
Graduate trainees/graduate clerks
These jobs are advertised annually to give fresh graduates a chance to work in banking sector. Banks prefer fresh graduates because they are not expensive to hire and retain. In Kenya, the average salary for graduate clerks is Ksh45,000-Ksh 70,000.
Banks like Co-operative, KCB, Standard Chartered, Bank of Africa, Equity Bank, Commercial Bank of Africa and National Bank must recruit graduate trainees each year.
The best thing to do as a fresh graduate is not to wait until the jobs are advertised-just make blind applications.
Financial Analysts, Accountants, Bank Managers, Operations Managers, Fixed Income Traders etc are also employed by banks in Kenya. These professionals are normally poached from other banks or are promoted by the banks they work for. Professionals such as Financial Analysts are paid more than Ksh 150,000 in Kenya. Bank managers on the other end earn not less than Ksh 150,000.
Direct Sales Representatives
Banks must grow, and in order to grow they need direct sales representatives. Unlike insurance companies which pay sales persons commissions only, banks pay their sales personnel salaries.
The easiest position to get in any bank in Kenya is that of direct sales representative, and the easiest banks to join include Cooperative bank and KCB.
Salary for direct sales representatives in Kenya is Ksh 20,000-Ksh 35,000.
Best time to apply for jobs in banking sector
The best time to apply for jobs in banking sector is towards the end of the month or when the year is starting.