Relationship Manager Employment Contract

Document Type
DOCX
Pages
5
Price: KES 150
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Document Overview

A Relationship Manager Employment Contract is a formal, legally binding agreement between a financial institution (such as a bank, microfinance, insurance company, SACCO, investment firm, or wealth management company) and an individual hired to serve as a Relationship Manager.

Here are the properly numbered sections typically included:
1. Parties to the Agreement
2. Appointment and Job Title
3. Commencement Date
4. Probation Period
5. Job Description and Key Responsibilities
6. Place of Work
7. Working Hours
8. Remuneration
9. Allowances and Benefits
10. Leave Entitlements
11. Confidentiality and Non-Disclosure
12. Conflict of Interest and Ethical Obligations
13. Performance Evaluation
14. Disciplinary Procedures
15. Termination of Employment
16. Retirement
17. Governing Law
18. Entire Agreement and Amendments
19. Signatures and Witnesses

The key purposes are:
1. To legally document the employment relationship.
2. To define clear roles, sales targets, and performance expectations.
3. To protect sensitive client and financial information.
4. To ensure compliance with Kenyan labor laws and sector regulations (e.g. CBK, Sacco Societies Act, CMA, IRA, RBA depending on industry).
5. To reduce legal, operational, reputational, and financial risks.
6. To outline clear rules on remuneration, commissions, and bonuses.
7. To establish transparent terms for termination, resignation, or dismissal.

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