Director, General Public Debt Management at Public Service Commission Kenya (PSCK)

JobGroup/Grade/Scale:

160,600.00-315,700.00

Ministry: The National Treasury

Department: Debt Management Department

Qualifications and Requirements:

For appointment to this grade, a candidate must have:

• served as Senior Deputy Director, Job Group ‘S’ and above in Debt Management, External Resources or Fiscal and Economic Affairs for a minimum period of three (3) years or in a comparable and relevant position in the Public Service, an international public financial institution or a renowned private sector organization that advises Government on debt/external resources management;
• a Bachelors degree in any of the following disciplines: Economics, Economics and Stastistics, Economics and Mathematics or any other equivalent qualification from a university recognized in Kenya; 
• a Masters degree in any of the following disciplines: Economics, Finance, Project Planning and Management, Business Administration or any other equivalent qualification from a university recognized in Kenya; 
• a certificate in any of the following fields: Public Debt Management, Policy Formulation, Project Management, Macro-Economic Analyses and Modelling, Financial Modeling/Reporting or any other equivalent qualification from a recognized institution; 
• demonstrated professional competence, managerial capabilities, outstanding leadership qualities and skills in corporate governance or advocacy; 
• demonstrated knowledge and experience in operations of the money/capital markets as well as international financial markets;
• demonstrated knowledge and experience in policy formulation and analysis of fiscal risk relating to debt and contingent liabilities; and
• clear understanding of national goals, objectives and the ability to relate them to debt management strategies.

Responsibilities:

Duties and Responsibilities The Director General, Public Debt Management will be responsible for the overall management of the debt function.

Specific duties and responsibilities will include:

• formulating, reviewing and implementing public debt management policies; 
• advising thenational and county government on debt management;
• preparing and updating the annual medium-term debt management strategy and debt sustainability analysis;
• preparing and implementing the national government borrowing plan including servicing of outstanding debts;
• monitoring and evaluating all borrowing and debt related transactions; 
• assessing and managing risks in national government guarantees and on-lending; 
• harmonizing, aligning and coordinating aid effectiveness in line with international declarations;
• mobilizing development partners support; and
• preparing and disseminating country memoranda to market participants.