Senior Manager, Financial Sector at Central Bank of Kenya

REF NO. SMFS - CBK

This role reports to the Head, Financial Seclar Division and 's responsible for the Macro Financial Analysis Section. The position also acts as the deputy head of Division. The role's focus is on financial sector and systems stability which is a macro-prudential objective with the requirement to adopt and deploy financial stability analytical tools and frameworks-macro stress testing. Network Analysis. Shield Rating, and other Diagnostic Tools. The position is responsible for the establishment of an appropriate database to support macro-financial assessment and analysis as well as coordination and participation in macro-prudential analysis and Crisis Management and resolution work at national and regional level.

Key role Responsibilities:

• Oversee the establishment of a comprehensive database for financial sector stability surveilance, assessment and analysis.
• Coordinate preparation and dissemination of financial sector analysis reports.
• Coordinate the activities of the Stress Testing Team of the Bark in periodic stress testing cycles. Ensure timely preparation and publication of Bank reports.
• Ensure compliance with reporting requirements with FSRF, EAC, COMESA, and IMF.
• Coordinate the development, domestication and implementation of stress testing frameworks and dissemination of reports.
• Ensure and participate in the development, adoption, domestication and implementation of financial stability assessment and analytical frameworks and toolkits, including Early Warning
• System heat maps, shield rating and network analysis, financial soundness indices, etc.
• Coordination and participate in financial stability analysis including macro-financia linkages,conglomerates, cross-border spill-overs, financial markets infrastructure, real estate, household indebtedness and Isted corporates.
• Participate in financial sector development analysis and policy including financial inclusion and innovations.
• Oversee preparation and timely publication of Financial Stability Reports.
• Ensure effective coordination and participate in the development of national crisis management and resolution frameworks.

Position and person Specifications:

The ideal candidate:

• Must demonstrate knowledge and experience in financial stability analysis.
• Must have in-depth understanding of the financial sector and experience in carrying our financial research and supervising researchers.
• Must be a published researcher in financial systems stability or similar fields.
• Should embrace a spirit of operational excellence in the quality of work and cutput.
• Should demonstrate good leadership capabilities strategic thinking and risk management. Strong project management experience.
• Good report writing and communication skills.
• Good leadership and management skills.

Academic and professional qualifications requirements:

• A Bachelor's Degree in Economics, Financial Economics, Econometrics or Statistics from a recognized university.
• At least a Master's degree in Economics, Financial Economics, Econometrics or Statistics from a reputable university.
• A PhD Degree in Economics. Financial Economics, Econometrics or Statistics from a reputable university is an added advantage.
• Experience of at least ten (10) years' post graduate qualification in economic policy anclyss and research with at least five (5) years in the grade of a manager or senior research economist.
• Competence in the use of statistical software o.g. PASW, STATA, E-Views, R. ArcGIS, MATLAB, NodeXL.Tableau Public, etc.
• Competence in the use of analytical frameworks e.g. Cihak Macro-Stress Testing framework, CR+, NodeXL, MCI, etc.
• Knowledge in regulatory and supervisory practices is an added advantage