Business Analyst 2, Policy Research and Regulatory Support (Business Analyst 2) at Central Bank of Kenya

Job Purpose

The role holder will contribute towards the formulation and review of policies and standards that are aligned with international best practices for prudential supervision and regulation; and participating in the processing of licence applications by market entrants.

Key Duties and Responsibilities

Strategic Responsibilities

• Contribute to the performance of departmental functions towards the achievement of the Bank’s strategic objectives.

Technical and Operational Responsibilities

• Input to the preparation of the Policy Division strategy, operational manual , annual budget estimates; and subsequently monitor and report on their implementation.
• Participate in the processing requests for authorization of new Banking products and financial products by various institutions.
• Participate in the processing applications for licenses of banks, CRBs, Representative Offices of foreign Banks and Mortgage Refinance Companies and advise Assistant Manager.
• Part of team conducting inspection of newly licensed institution’s premises and systems for approval and prepare recommendation report.
• Carry out preliminary policy research and benchmarking for supervision to shape regulatory and supervisory systems to promote efficiency, inclusion, integrity and efficiency.
• Participate in making logistical arrangements for internal and external consultative forums.
• Monitoring and drafting CBK’s progress updates on implementation of domestic, regional and other international supervisory commitments to which CBK has signed up to as a member of relevant global fora partner.
• Input to the periodic reports on strategy, budget implementation, and Departmental Risk Register.
• Input to the periodic review of the Departmental Operations manual.
• Any other assigned roles and responsibilities.

Qualifications

• Bachelor’s Degree in Management, Economics, Public Policy, Insurance, Law, Finance or related discipline from a reputable university.
• Professional qualification(s) in accounting, Finance, Banking or related discipline is an added advantage.

Work Experience

• At least two (2) years’ relevant post qualification experience in Prudential/Bank Supervision, Financial Analysis, Auditing, Accounting, Commercial Banking Operations and any other relevant area.