Wilfred Y.Pasile

A top-performing and transformational leader with over 10 years of experience in numerous sectors that has involved a track record of delivering extraordinary results in revenue, profitability, and relationship management. I have been able to successfully lead, motivate and organize personnel in different capacities. Over the years, I have become a visionary leader who consistently refines strategies, designs change and facilitates solutions-driven team collaboration. Having worked as a Trade Finance Operations manager, I have excelled in providing leadership to different committees promoting effective communication with relevant stakeholders, contributing to the development of strategic plans, and establishment of good  governance practices and procedures. 

Moreover, I have successfully grown the bottom line while spearheading operational improvements to drive productivity and reduce costs. I am proficient at overseeing departments operations, conceptualizing, monitoring, and review of production and expense budgets, determining clients’ risk management and credit needs, coaching, mentoring, and motivating the team, and implementation of long and short-term strategies for the department. With over 10 years of exemplary experience in formulating and implementing best-practice management principles and building a career in the Operations Shared Services management field where my skills and enthusiasm will be exploited to the fullest. I have successfully fostered a culture that promotes ethics and sound governance, hence looking for a position in Trade Finance Operations, where I will contribute to the profitability of the organization.

ACTING SENIOR MANAGER TRADE SERVICES 

KCB Bank Group: 2007-To Date When the Incumbent is on Leave,

Duties and Responsibilities

• As acting senior manager, my role, included managing staff performance for the whole Trade Services via the balanced score card, attending to weekly meetings for the Head of the department, including attendance for meetings related to Risk Management (DORCO).
• Leadership in Trade Services reconciliation, Leadership in ensuring skills development among staff with identified Knowledge Gaps through liaising with HR Training Department and eLearning on appropriate Trade Finance Courses and any other relevant courses as stipulated by Bank Policy.
• Assisting overseeing day-to-day operations, designing strategy and setting goals for growth and maintaining budgets and optimize expenses. Conversant with the related ICC rules UCP600,URR725,ISP98,URDG758,URC522
• Setting policies and processes, ensuring employees work productively and developing professionally.
• Overseeing recruitment and training of new employees, evaluating and improving operations and financial performance and directing the employee assessment process.
• Preparing regular reports for upper management, ensuring staff follow health and safety regulations and providing solutions to issues (e.g. profit decline, employee conflicts, and loss of business to competitors).

Key Achievements

• Ensured our Business Continuity Plan was tested and in compliance with KCB Policy, Authorizing Transactions from KES500Million and up to 1Billion and/or the equivalent in other currencies.

Business Risk Manager Trade Services 

KCB Bank Kenya Limited Nairobi, Kenya: January-2010 - 2020 

Duties and Responsibilities

• As Business risk Manager for Trade Services department, I was instrumental in coming up with the departments risk register. My role was to Coordinate AML programs within Trade Services and being in charge of BCP. 
• Responsible for updating the Departmental Risk Register and reporting higher and medium risks Monthly to Divisional Risk Committee. Further I used to update our monthly Key Risk Indicator (KRI) in our systems.
• Coordinated the Key Control Self-assessment (KCSA) for Trade Services and ensured that everyone participated on their roles assigned. 
• At the beginning of every year, together with our Senior Manager we engaged all staff in identifying all risks to be captured in our risk register (RCSA). 
• Attended Risk management meetings-on behalf Trade Services and being responsible for training Trade Services Staff on Risk Management. 
• Responsible for coordinating successful testing of staff call Tree for the department. I ensured and maintained firefighting equipment for the department in good working condition including being responsible for the Purchase of the relevant equipment for our Business Continuity Program at our Disaster Recovery Site.
• Designed and implemented an overall risk management process for the department, which includes an analysis of the financial impact on the company when risks occur.
• Performed a risk assessment: analyzed current risks and identifying potential risks that may affect the department.
• Performed a risk evaluation: evaluated the departments previous handling of risks and compared potential risks with criteria set out by the company such as costs and legal requirements.
• Explained the external risk posed by corporate governance to stakeholders and created business continuity plans to limit risks.
• Built risk awareness amongst staff by providing support and training within the department.

Manager Trade Payments and Documents

KCB Bank Kenya Limited Nairobi, Kenya: November 2017-To-Date

Duties and Responsibilities

• Being a team leader in my department, my responsibility was to inspire by motivating my team for higher performance and limited errors in settling international payments. 
• Dealt with settlement of all Trade transactions on value date.
• Monitored, traced and paid past due settlements.
• Provided Guidance and paid bank to bank Reimbursements.
• Anticipated and devised strategies to mitigate settlement risks.
• Undertake continuous nostro reconciliation.
• Monitored Performance through Monthly returns.
• Ensured correct commissions and charges are collected on daily transactions.
• Ensured proper procedures are followed on the day today running of the department with Head office guidelines being adhered to. Conversant with the related ICC rules UCP600,URR725.URC522
• Authorized the Payment of Export and import letters of Credit, Inward and outward Documentary Collections, Outward and Inward Clean Collections, Payment of Guarantee Claims both local and International and Payment of Structured commodity finance Payments.
• Responded to customer and Correspondent Bank queries.
• This role also checks import and export letters of credit for discrepancies.
• Managing bills of exchange, promissory notes, avalisation, swift and dispatch of documents.

Manager Structured Finance Payments 

KCB Bank Kenya Limited Nairobi, Kenya: December 2009-To- October 2016

Duties and Responsibilities

• Provided effective management of structured finance transactions to drive efficiency and meet TAT and SLA for customer excellence.
• Mitigated inherent risks associated with these high value transactions.
• Updated Structured Finance processes to respond to the market dynamics and emerging operational risks
• Ensured adherence to all processing control measures, compliance to Standard Operating procedures, policies and regulations relating to International Trade such as ICC, UCP, URC, and International standard practices.
• Discounted Export LCs, export documentary Collections and other confirmed invoices
• Handled Bill Purchase product that supports Road contractors by discounting of road certificates through undertaking of government Agencies
• Handled Pre-export finance to support exporters under confirmed contracts and export letters of credits.
• Dealt with warehouse receipts for cotton farming. 
• Dealt with Supply chain financing.
• Ensured that the financing being applied is to secure the properly approved commodity with supporting documents.
• Ensured that repayments are done on time and commissions/interests are collected promptly and continuous monitoring of transactions.

OTHER PAST EXPERIENCES

Manager, Letters of Credit Issuance and Exports: KCB Bank Kenya Ltd Nairobi, Kenya: October 2007-November 2009

• My responsibility as a team leader in the department was motivation my team for greater performance. 
• Authorized the Issuance and Amendments of Import letters of Credit, Authorizing the Advising, Confirmation and amendment of Export Letters of credits, Structuring complex LCS Including Dealing with Syndicated Letters of Credits, liaising with Credit Department for limit approvals for Letters of Credits, dealing with Financial Institution Department for Bank Limits.
• Delt with Customer account managers/Corporate relationship Managers, dealing with Trade Finance Business Development Managers and dealing With Branches and Subsidiaries Supervision of staff of the department responding to customer and Correspondent Bank queries Monitoring and Collection of Accurate Bank income.
• Ensured proper procedures are followed on the day today running of the department with Head office guidelines being adhered to. Conversant with the related ICC rules UCP600, URR725.

Section Head Letters of Credit Trade Services: March 2005-September 2007

• My responsibility as a team leader in the department was motivation my team for greater performance. My other responsibilities included the following: Checking the correctness of the Issuance and Amendments of Import letters of Credit, checking the Advising, Confirmation and amendment of Export Letters of credits, structuring complex LCS Including Dealing with Syndicated Letters of Credits, liaising with Credit Department for limit approvals for Letters of Credits, dealing with Financial Institution Department for Bank Limits.
• Delt with Customer account managers/Corporate relationship Managers, dealing with Trade Finance Business Development Managers and dealing With Branches and Subsidiaries Supervision of staff of the department responding to customer and Correspondent Bank queries Monitoring and Collection of Accurate Bank income.                     
• Verification of the checked, Letters of Credit bills discrepancies for confirmation that they are genuine. Verification of swift messages for the department MT734, 756,734. Verification Inward and outward clean Collections. Responding to customer and Correspondent Bank queries Verification of ovalized Documentary Collections and supervising the departmental staff.

Section Head Accounts and Administration: 2004-March 2005

• Managed Payroll, reconciliation, collection and payment of Stamp duty and its reconciliation, reconciliation of the department salary advance. Staff Management in Administration, Motivation and Encouraging Teamwork.
• Managed Procurement of the department’s Stationery, Filling of the department’s records, Utilities of the Department, and Coordination of the provision of reports to the relevant departments for decision making.           

PROJECTS UNDERTAKEN

• Export and Import Project (EXIMBILLS). I was instrumental in the development of this project. This project was to help the bank in dealing with Trade Finance Transactions i.e., issuing letters of Credit Imports, advising of Export Letters of credits.
• Issuing of Demand Guarantees and Documentary Collections. We went live in 2001 and the system served us well till 2008, when we changed to another Core banking system called T24R08, this one also changed to the current more advanced core banking system called T24R14.

CERTIFICATIONS

• Certificate in Trade Operations by International Finance Corporation (IFC) Lusaka Zambia, January 2010 
• World Bank Certificate in Countering Trade Based Money Laundering.   
• Certificate in Bourse programme awarded by Bankers Training College Reserve Bank of India, Nairobi, Kenya, October 2006.
• Certificate in Introduction to the Principles of Procurement by E-Sokoni, June 2015 4. Certificates in Anti Money laundering
• Performance Management, Credit Skills, Risk Management, Asset Based Finance, Community Champion and Customer Service,
• Branch Excellence Training.
• Introduction to International Trade by BSI Export Academy

HONORS AND AWARDS

• Voted the best staff at Trade Services by the Head of Trade Finance K. W. Mwangi, in December 2007.

PUBLICATIONS

My Master of Business theses (December 2016) was awarded an A for the positive impact it will have on banks trying to cross borders to establish businesses or subsidiaries. The theses dealt mostly on the international business risks affecting banks trying to expand to other countries.

Key Achievements

• Acting appointment as Senior Manager Trade Services (MLD) on Several Occasions when the incumbent is on leave, where I was charged with the full responsibility of running Trade Services Department.
• Appointed as a lead Project Manager in reconciling over 60,000 unreconciled Trade Services Items. We managed to reconcile all outstanding items.

EDUCATION BACKGROUND

• Master of Business Administration (MBA:  University of Nairobi, Nairobi, Kenya: 2014-December 2016

Theses on International Business Risk Obtained Grade A, Class Representative for Management Practice, Assistant Class Representative for Global Strategic Management.      

• Bachelor of Commerce, (Finance Option) Second Class Honors Upper Division: Kenyatta University, Nairobi, Kenya: 2009-2013