Latest Recruitment at Central Bank of Kenya

Job Purpose

The holder will serve as the custodian of all stores, materials, and movable assets at CBK Branches and/or Centres, ensuring accurate inventory control, secure storage, and proper record-keeping in compliance with the Public Procurement and Asset Disposal Act (PPADA) 2015 and internal control procedures under the guidance of the Inventory Manager / Deputy Manager.

Key Duties and Responsibilities

Roles and Responsibilities
Inventory Control and Reconciliation

• Receive, inspect and document incoming goods and materials against approved delivery notes and specifications to verify quality and quantity.
• Transfer received items to their respective storage shelves after receipt.
• Issue store items to authorized user departments upon receipt of duly approved issue vouchers/requisitions, ensuring items are issued accurately and promptly.
• Maintain up-to-date and accurate physical and electronic stock records (e.g., Bin Cards, Stock Ledgers, or ERP system entries).
• Implement stock rotation methods, such as First-In, First-Out (FIFO) or First-Expiry, First-Out (FEFO), to prevent losses due to expiry or obsolescence.
• Conduct periodic physical stock-taking (spot checks, quarterly, and annual counts) and reconciling physical inventory balances with ledger records, reporting any discrepancies immediately.
• Regularly inspect storage areas in the stores to ensure the highest standards of housekeeping, safety and security arrangements are achieved and maintained.
• Adhere to the laid down standard operating procedure and work instructions in stock management and storage of materials.

Asset Management

• Ensure all movable, non-consumable institutional assets (e.g., furniture, computers, equipment) are physically tagged and registered upon receipt.
• Maintain a comprehensive and accurate offline GSD Assets Register.
• Participate in the annual or periodic physical verification of assets and reconciling the findings with the Asset Register to ensure accountability.
• Compile preliminary lists of obsolete, redundant, or unserviceable materials and assets, ready for onward submission to the disposal committee.
• Collect surrendered items and facilitate transport to the designated storage area.
• Participate fully in the asset disposal processes and facilitate all attendant processes.

Documentation and Reporting

• Ensure all store documents, including goods received notes, issue vouchers, stock sheets, and asset movement and asset tagging forms, are properly filed and maintained for audit purposes.
• Prepare periodic reports on inventory levels, consumption rates, and stock status for review by the Section Manager.
• Any other assigned roles and responsibilities.

Qualifications

• Diploma in Supply Chain management, Stores Management, Purchasing and Suppliers Management or Logistics from a recognised institution.
• Be an Associate Member of the Kenya Institute of Supplies Management (KISM) OR be eligible for membership.

Work Experience

• A minimum of two (2) years of relevant experience in stores operations or inventory control, preferably within the public sector or a large organization.

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Job Purpose

Issue Purchase Orders (PO) to suppliers based on the approvals issued by the Accounting Officer or Head of Procurement in accordance with the authorized approval matrix within a particular Financial Year and Process payment documents to Finance for disbursements.

Key Duties and Responsibilities

Roles and Responsibilities
Purchase Order Processing

• Prepare and generate Local purchase Orders (PO) upon receipt of approvals.
• Dispatch of LPO to suppliers.
• Receive approved and authenticated purchase requisitions from users for processing.
• Cancellation of Non -Performing POs within the F/Y.
• Channeling of the approval documents to the registry for archival and safe custody after PO processing.
• Communication to Users on progress of the processing of the items requisitioned.
•  Schedule deliveries and communicate with the User and IAC to receive goods and services.
• Expedite/ follow-up to ensure no prompt deliveries the on the Pos and which impacts negatively on the supply chain for F/Y.

Payment Processing

• Receive and process goods received notes once delivery notes and receiving and inspection reports are received by the section and forward approved GRNs to finance for payment.
• Receive and process invoices for contract payments in line with the executed contract terms.
• Receive and process all utility bills (Electricity, water, telephone, internet services).
• Reconciliation of paid-up bills and invoices for supplier accounts.
• Prepare monthly payment management reports.

Other duties

• Assist in preparation and implementation of the Department’s Annual Procurement Plan.
• Participate in the Procurement Statutory Committees.
• Participate in Training and Development initiatives within the F/Y.
• Performance planning (Involvement in crafting and setting of performance target of the key responsibility for self within F/Y in discussion with the line manager.)
• Prepare ad hoc and periodical reports and submit to the supervisor in a timely manner.
• Adhere to bank policies, regulations and related legislations among other guidelines and principles.
• Any other assigned roles and responsibilities.

Qualifications

• Bachelor’s degree in Purchasing and Supplies, Business Administration or Related field from a recognized institution.
• Member of the Kenya Institute of Supply Chain Management (KISM).

Work Experience

• At least three (3) years’ post qualification experience in Supply Chain Management.

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Job Purpose
The Procurement Officer is responsible for the procurement of goods and services in the Bank in adherence to the Public Procurement and Disposal Act.

Key Duties and Responsibilities

Strategic Responsibilities

• Procurement of goods and services required by the various business units at the Branch
• Prepare annual branch procurement plan in line with the approved budget

Technical and Operational Responsibilities

• Generate request for quotations (RFQs) and prepare tender documents where applicable, after obtaining specifications for required goods and services
• Maintain and update regularly, a database of prequalified suppliers
• Monitor contracts to ensure implementation in accordance with the terms and conditions thereof and ensure renewal upon expiry
• Co-ordinate receiving and opening of tender documents/RFQs
• Co-ordinate evaluation of tenders, quotations, and proposals
• Oversee reconciliation of physical stock with the stock in the system
• Provide essential support to the secretariat for tender opening and evaluation committee
• Any other assigned roles and responsibilities

Qualifications

• Bachelor’s Degree in Procurement, Supply Chain Management, Commerce, Accounting, or related discipline from a reputable university
• Professional qualification in Procurement e.g., CIPS

Work Experience

• At least two (2) years’ working experience in the procurement office of a public body or institution

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Job Purpose
The Procurement Officer is responsible for the procurement of goods and services in the Bank in adherence to the Public Procurement and Disposal Act.

Key Duties and Responsibilities

Strategic Responsibilities

• Procurement of goods and services required by the various business units at the Branch
• Prepare annual branch procurement plan in line with the approved budget

Technical and Operational Responsibilities

• Generate request for quotations (RFQs) and prepare tender documents where applicable, after obtaining specifications for required goods and services
• Maintain and update regularly, a database of prequalified suppliers
• Monitor contracts to ensure implementation in accordance with the terms and conditions thereof and ensure renewal upon expiry
• Co-ordinate receiving and opening of tender documents/RFQs
• Co-ordinate evaluation of tenders, quotations, and proposals
• Oversee reconciliation of physical stock with the stock in the system
• Provide essential support to the secretariat for tender opening and evaluation committee
• Any other assigned roles and responsibilities

Qualifications

• Bachelor’s Degree in Procurement, Supply Chain Management, Commerce, Accounting, or related discipline from a reputable university
• Professional qualification in Procurement e.g., CIPS

Work Experience

• At least two (2) years’ working experience in the procurement office of a public body or institution

go to method of application »

Job Purpose
The Procurement Officer is responsible for the procurement of goods and services in the Bank in adherence to the Public Procurement and Disposal Act.

Key Duties and Responsibilities

Strategic Responsibilities

• Procurement of goods and services required by the various business units at the Branch
• Prepare annual branch procurement plan in line with the approved budget

Technical and Operational Responsibilities

• Generate request for quotations (RFQs) and prepare tender documents where applicable, after obtaining specifications for required goods and services
• Maintain and update regularly, a database of prequalified suppliers
• Monitor contracts to ensure implementation in accordance with the terms and conditions thereof and ensure renewal upon expiry
• Co-ordinate receiving and opening of tender documents/RFQs
• Co-ordinate evaluation of tenders, quotations, and proposals
• Oversee reconciliation of physical stock with the stock in the system
• Provide essential support to the secretariat for tender opening and evaluation committee
• Any other assigned roles and responsibilities

Qualifications

• Bachelor’s Degree in Procurement, Supply Chain Management, Commerce, Accounting, or related discipline from a reputable university
• Professional qualification in Procurement e.g., CIPS

Work Experience

• At least two (2) years’ working experience in the procurement office of a public body or institution

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Job Purpose

Process payments for goods, works and services received by the Bank. Facilitate payments for utility bills, contract payments, goods received notes, rent on leased properties, land rent and Nairobi County rates on bank properties, and promptly respond to supplier queries.

Key Duties and Responsibilities

Roles and Responsibilities

• Receive and process goods received notes once delivery notes and receiving and inspection reports are received by the section and forward approved GRNs to finance department for payment.
• Receive and process invoices for contract payments in line with the executed contract terms.
• Receive and process foreign currency invoices and forward to External payments department for payments.
• Receive and process all utility bills (Electricity, water, telephone, internet services).
• Seek reimbursement from members of staff for expenditure beyond approved limits on postpaid facility.
• Receive and process demand notes and invoices for rent on leased properties and timely receipt of rents receivable.
• Receive and process Land rent and Nairobi city county rates for Bank properties.
• Prepare Memos for forwarding payment invoices in Finance and forward signed invoices to finance department.
• Prepare letters to service providers for replacement of sim cards, Bonga points redemption, additional lines surrender of unused lines and response to supplier queries.
• Reconciliation of paid-up bills and invoices for supplier accounts.
• Prepare monthly payment management reports.
• Implement internal and external audit recommendations.
• Any other roles and responsibilities assigned.

Qualifications

• Bachelor’s degree in Accounting or Finance from a recognized institution.
• CPA1 OR CPA 2.

Work Experience

• at least two (2) or more years in a busy accounting environment.
• Basic IT understanding of financial systems, including experience of using Oracle system.

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Job Purpose

Draft simple contracts based on the approvals issued by the Accounting Officer or Head of Procurement for works and services within the Financial Year (F/Y) and follow up on delivery of various goods, works and services whose service contracts have been executed within the period.

Key Duties and Responsibilities

Roles and Responsibilities

• Draft simple contracts for goods, works and services and pass them for review / execution within the F/Y.
• Distribute and track draft contracts forwarded to stakeholders for review and ensure they are distributed within the agreed timelines to users/providers within the period.
• Maintain contractual records and documentation within the F/Y.
• Ensure that signed contracts are forwarded to stakeholders for implementation within the specified period.
• Ensure contract for goods, works and services are subjected to close-out, extensions, or renewal within the set timelines within the Financial Year.
• Ensure contracts for goods, works and services crafted and forwarded for execution follow provisions of PPAD Act, 2015 and other regulations within the financial year.
• Participate in Training and Development initiatives within the F/Y.
• Participation in Bank’s Social and Cooperate Responsibility (CSR) Activities within the F/Y.
• Involvement in crafting and setting of performance target of the key responsibilities for self within the F/Y.
• Management of personal leave within the F/Y.
• Any other assigned roles and responsibilities.

Qualifications

• Bachelor’s Degree in law, Supply Chain Management or in any business-related field
• Diploma in Supply Chain Management is an added advantage.

Work Experience

• Five (5) years’ post qualification experience in Supply Chain Management or contract and/or Service Level Agreement (SLA) related assignments.

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Job Purpose

The Buyer is responsible for sourcing in respective Category, ensuring compliance in Procurement policies and processes and ensuring the Bank gets VFM in procurement of all goods and services. The role holder will also contribute as appropriate to the performance of other functions and to the overall achievement of CBK’s strategic objectives.

Key Duties and Responsibilities

Roles and Responsibilities

• Assist in conducting research to ascertain the best products and suppliers in terms of best value, delivery schedules and quality.
• Follow best practice procedures in identifying suppliers for various goods and services. up to date with the industries best practices in procurement.
• Choose appropriate Procurement methods in procuring of Goods, Works, and Services for the Bank,
• Process low value procurements,
• Prepare Bid documents i.e., Tenders, Expression of Interests, Request for Proposals, Request for Quotations.
• Participate in Tender Openings, Evaluations and Inspections and Acceptance Committees of Goods, Works, and Services.
• Check the quality of Goods, Works and Services supplied to the Bank.
• Carry out negotiations as appropriate with the supplier /contractor to ensure value for money.
• Develop and maintain a buying database of potential suppliers.
• Follow-up the buying process and update buying status of goods, works and services for category spend.
• Develop and maintain a buying record of every purchase and update the status of every requisition placed by Departments.
• Check and verify all required specifications of purchased goods, works and services.
• Contact suppliers for price quotes; prepares requisitions and affixes authorizing signature before ordering.
• Confer with agency personnel or vendors prior to preparing specifications to describe the items desired and makes recommendations to Procurement Manager.
• Maintains purchasing records and uses them as reference for the future.
• Contact vendors or agency representatives to obtain availability and product information or to solicit bids.
• Source in Plexus ERP Fusion Supply Chain Management Module.
• Activate Vendors in the I Supplier Portal.
• Create various procurement reports – Tracks contracts for expiry.
• Monitor market/price fluctuations and prepare Market Surveys.
• Upload procurement records to Public Procurement Information Portal (PPIP).
• Adhere to bank policies, regulations and other legislation’s put in place.
• Be an active team player in response to CBK values.
• Prepare ad hoc and periodic reports related to the and submit to the supervisor according to the schedules.
• Any other assigned roles and responsibilities.

Qualifications

• Bachelor’s Degree in Procurement or a related field.
• Member of Kenya Institute of Supply Chain Management (KISM).

Work Experience

• At least two (2) years’ experience in Procurement, Logistics or a related field.

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Job Purpose

Assist in the drafting of policies and guidelines for market conduct, Anti-Money Laundering (AML), Combating Financing of Terrorism (CFT) and Combating Proliferation Financing (CPF) for institutions licensed by CBK and conducting AML/CFT/CFP onsite examinations and offsite surveillance.

Key Duties and Responsibilities

Strategic Responsibilities

• Implement and enforce AML/CFT/CPF laws in the banking sector.
• Contribute as appropriate to the performance of other functions and to the overall achievement of the Bank’s strategic objectives.

Technical and Operational Responsibilities

• Review of AML/CFT/CPF existing laws, regulations and prudential guidelines; and contribute to the development of new laws, regulations and guidelines for institutions licensed by CBK.
• Research on international best practices for effective AML/CFT/CPF supervision for the banking sector.
• Respond to queries on AML/CFT matters from both internal/external stakeholders.
• Assess AML/CFT/CPF compliance by all institutions with banking sector laws, regulations and guidelines.
• Undertake AML/CFT/CPF onsite examination/inspection and offsite surveillance of institutions licensed by CBK.
• Analyse periodic AML/CFT/CPF returns submitted to CBK by financial institutions.
• Prepare AML/CFT/CPF inspection manuals and operational plans.
• Conduct periodic reviews of ML/TF/PF risk assessments of financial institutions. and undertake sectoral ML/TF/PF risk assessments and periodic ML/TF/PF risk assessments of institutions.
• Implement the risk-based AML/CFT/CPF supervision framework unique to each institution; monitor its effectiveness by developing and updating institution profiles; plan and schedule supervisory activities.
• Process, analyse and make appropriate AML/CFT/CPF recommendations on applications for new products and vetting of senior managers and directors of banks.
• Initiate and draft Memorandum of Understanding for supervisory cooperation and information exchange with other national, regional and international regulators.
• Prepare AML/CFT/CPF status reports for ESAAMLG and FATF and participate in their activities.
• Liaise with the Financial Reporting Centre on AML/CFT/CPF matters
• Implement AML/CFT/CPF and Market Conduct related recommendations from
• collaborations with domestic and international financial regulators regional and international financial inclusion initiatives/organisations and development partners.
• Research on emerging challenges and market dynamism.
• Adherence to Bank policies, procedures, guidelines and relevant legislation.
• Undertake knowledge development to achieve high levels of performance.
• Any other assigned duties and responsibilities.

Qualifications

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

Work Experience

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

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Job Purpose

Assist in the implementation of the data supervisory technology strategy for institutions licensed by CBK.

Key Duties and Responsibilities

Strategic Responsibilities

• Contributes as appropriate to the performance of other functions and to the overall achievement of the Bank’s strategic objectives.

Technical and Operational Responsibilities

• Assist in executing the Data and Analytics Strategy to continuously monitor and analyse the financial soundness of regulated institutions.
• Conduct Information Communication Technology (ICT) research on the development of a strategy to leverage technology to enhance bank supervision processes including but not limited to Regulatory Technology (RegTech) and Supervisory Technology (SupTech) as guided by the Manager, Data Analytics and Regulatory Technology.
• Assist in conducting on-site and off-site surveillance of commercial banks, microfinance banks, and non-bank financial institutions' ICT and cybersecurity aspects to ensure compliance with the banking sector legal and regulatory frameworks.
• Assist in data extraction and analysis for onsite inspection of commercial banks, microfinance banks, and non-bank financial institutions using Computer-Aided Audit Tools.
• Conduct policy research and surveys on emerging regulatory and supervisory aspects, to advise on emerging financial innovations and technology; and make actionable recommendations on emerging opportunities and risks.
• Conduct continuous research and be updated on emerging regulatory and supervisory aspects of financial technology (FinTech) within, and across the Kenyan banking industry, including its policy implications, to provide leadership and direction in line with the rapidly evolving innovations, locally and globally.
• Review external ICT audit and vulnerability assessment and penetration testing reports submitted by financial institutions and enrich the institution’s risk profile based on the findings.
• Review and provide recommendations on approval of the introduction of innovative products and requests to outsource ICT services by financial institutions.
• Coordinate engagements and/or participate in forums on emerging topics in financial innovation, such as the Afro Asia Fintech Festival and FinTech forums.
• Receive, analyse and provide recommendations on cyber security incident reports from regulated institutions.
• Contribute to building of models, insightful automated reports and business intelligent tools such as dashboards and scorecards.
• Contribute to arrangements for testing and updates of the Departmental Risk Management Framework including Business Continuity and Disaster Recovery Plans.
• Assist in the management of administration duties in the Department.
• Any other responsibility as may be assigned by Line Manager.

Qualifications

• Bachelor’s Degree in Mathematics, Actuarial Science, Statistics, Engineering, Data Science, Computer Science, Economics, Finance or related discipline from a reputable university.
• Professional qualification(s) in actuarial science, statistics, accounting, finance, ICT, Project Management banking or related discipline is an added advantage.

Work Experience

• At least one (1) year post-qualification experience in prudential/bank supervision, ICT, engineering, project management, statistics, actuarial science, financial analysis, auditing, accounting, commercial banking operations and any other relevant area.

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Job Purpose

The role holder will assist in the implementation of the data and analytics and regulatory and supervisory technology strategy for institutions licensed by CBK.

Key Duties and Responsibilities

Strategic Responsibilities

• Contributes as appropriate to the performance of other functions and to the overall achievement of the Bank’s strategic objectives.

Technical and Operational Responsibilities

• Assist in executing the Data and Analytics Strategy to continuously monitor and analyse the financial soundness of regulated institutions.
• Contribute to the development of a strategy to leverage technology to enhance bank supervision processes including but not limited to Regulatory Technology (RegTech) and Supervisory Technology (SupTech) as guided by the Manager, Data Analytics, and Regulatory Technology.
• Contribute to arrangements for testing and updates of the Departmental Risk Management Framework including Business Continuity and Disaster Recovery Plans.
• Monitor and follow up on the accuracy, and timeliness of offsite data submissions by licensed institutions, ensuring that the submitted data/returns are correctly processed.
• Prepare periodic requisite reports, presentations, publications, monthly briefs, discussion papers, and board papers as required by other departments, management, the Monetary Policy Committee, and the CBK Board.
• Design and prepare new data templates for data collection for new data requirements, including reporting logic and mappings to support regulatory reporting needs as per CBK prudential guidelines.
• Identify and recommend new process improvement opportunities, including the use of emerging technologies such as machine learning, artificial intelligence, and predictive analytics to automate tasks, identify patterns, and make predictions.
• Provide first-line user support for the department’s systems for both internal and external users in the department and licensed institutions.
• Assist in the execution of the administrative activities in the Department.
• Any other assigned roles and responsibilities.

Qualifications

• Bachelor Degree in Mathematics, Actuarial Science, Statistics, Engineering, Data Science, Computer Science, Economics, Finance or related discipline from a reputable university.
• Professional qualification(s) in Actuarial Science, Statistics, Accounting, Finance, ICT, Project Management Banking or related discipline is an added advantage.

Work Experience

• At least one (1) year post qualification experience in Prudential/Bank Supervision, ICT, Engineering, Project Management, Statistics, Actuarial Science, Financial Analysis, Auditing, Accounting, Commercial Banking Operations and any other relevant area.

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Job Purpose

The role holder will conduct surveillance with a view to promoting the safety, soundness, access and integrity of the financial system.

Key Duties and Responsibilities

Strategic Responsibilities

• Contributes as appropriate to the performance of other functions and to the overall achievement of the Bank’s strategic objectives.

Technical and Operational Responsibilities

• Conduct risk-based surveillance framework of non-bank institutions and continuously monitor its effectiveness by developing the Non-Bank Institutions’ risk profiles.
• Contribute to the preparation of draft portfolio budget estimates.
• Carry out surveillance of Non-Banks and ensure compliance with legal, regulatory, and prudential requirements.
• Review and engage non-bank institutions on audited financial statements and unaudited quarterly financial statements and related disclosures.
• Prepare and continuously monitor supervisory programs.
• Process, analyse and make appropriate recommendations on applications for new branches, mergers and acquisitions, new products, change in tariffs and vetting of senior managers, directors and significant shareholders of Non-Banks and approve new premises and customer complaints and other corporate applications.
• Contribute and participate in the development of policy and legal and regulatory frameworks.
• Prepare quarterly reports, Institutional Profiles (IP) and conduct on-going risk assessments from on-site and off-site supervision for appropriate action.
• Prepare and analyse periodic reports received from Non-Banks to monitor performance and financial conditions and prepare relevant analysis required.
• Participate in periodic regulatory meetings on regulatory concerns and emerging developments with Senior Management of Non-Bank institutions.
• Identify problematic non-banks and highlight risks and challenges to the Deputy Manager as required.
• Ensure that customer (Non-Banks) complaints are handled effectively and in a timely manner.
• Process new licence applications for Non-Banks (Forex Bureaus and MRPs).
• Perform any other duties as assigned by the supervisor.

Qualifications

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

Work Experience

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

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Job Purpose

Conduct off-site surveillance of a portfolio of Commercial Banks, Mortgage Finance Companies (MFCs)and Non-Operating Holding Companies (NOHCs) with a view to promoting safety, soundness, access and integrity of the financial system.

Key Duties and Responsibilities

Strategic Responsibilities

• Contributes as appropriate to the performance of other functions and to the overall achievement of the Bank’s strategic objectives.

Technical and Operational Responsibilities

• Contribute to the preparation of draft portfolio budget estimates.
• Conduct risk-based site surveillance framework of Commercial Banks, Mortgage Finance Company and Non-Operating Holding Companies (NOHCs) and continuously monitor its effectiveness by developing the Institution Risk Profiles of the banks including Domestic Systemically Important Banks (D-SIBs).
• Carry out surveillance of Commercial Banks, MFCs and NOHCs and ensure compliance with legal, regulatory and prudential requirements.
• Review and engage banks on audited financial statements and unaudited quarterly financial statements of Banks and related disclosures.
• Participate in on-site entry and exit meetings with Senior Management of Commercial Banks and in the presentation of the inspection reports to institutions’ Board of Directors
• Prepare and continuously monitor supervisory programs.
• Conduct consolidated supervision and contribute to planning and participate in discussions during home supervisory colleges meetings.
• Participate in host supervisory college meetings.
• Participate in the Assessment of the quality of host supervisory framework to which CBK can place reliance on the supervisory framework of the Host Country
• Review of Internal Capital Adequacy Assessment Process (ICAAP) models to ascertain whether commercial banks have adequate capital consistent with their risk profiles.
• Participate in Implementing a multi-dimensional Early Warning System and highlight emerging challenges.
• Process, analyze and make appropriate recommendations on applications for new branches, mergers & acquisitions, new products, change in tariffs and vetting of Senior Managers, Directors and significant shareholders of banks and approve new premises and customer complaints and other corporate applications.
• Contribute and participate in the development of policy and legal and regulatory frameworks.
• Prepare quarterly reports, Institutional Profiles (IP) and conduct on-going risk assessments from on-site and off-site supervision for appropriate action.
• Prepare periodic reports on the performance of Banks and collect information as required.
• Participate in periodic regulatory meetings on regulatory concerns and emerging developments with Senior Management of Banking Institutions.
• Represent the Department in various meetings and committees as and when required.
• Provide on the job training and mentor new staff.
• Perform any other duties as assigned by the supervisor.

Qualifications

• Bachelor’s Degree in Business Management, Economics, Insurance, Law, Accounting, Finance, Computer Science, IT or related discipline from a reputable university.
• Any other Bachelor’s Degree from a reputable university which should be supported by a professional qualification relevant to the job requirements.
• Professional qualification(s) in Accounting, Finance, Banking, ICT or related discipline is an added advantage.
• Master’s in Business Administration, Finance, Accounting, Economics, Law or related discipline is an added advantage.

Work Experience

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

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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.

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Job Purpose

The role holder will be responsible for the development and review of regulatory frameworks for financial inclusion for institutions licensed by CBK and advising on emerging innovations. He/She will also be responsible for working effectively as part of the team to deliver on the Key Result Areas and demonstrate competencies of his/her role.

Key Duties and Responsibilities

Strategic Responsibilities

• Advise on review and development of financial inclusion legal and regulatory frameworks for institutions licensed by CBK and advice on emerging innovations.
• Contribute as appropriate to the performance of other functions and to the overall achievement of the Bank’s strategic objectives.

Technical and Operational Responsibilities

• Develop financial inclusion policy/guideline/regulations as required for banks and other regulated entities.
• To research and advise on emerging innovations including but not limited to disruptive technology and make actionable recommendations.
• Co-ordinate the development of a regulatory impact assessment framework to assess the impact of legal and regulatory reforms initiated to enhance financial inclusion and innovation.
• Convene internal and external consultative forums and obtain feedback on financial inclusion and innovation policy implementation from various entities and draft comprehensive policy/ frameworks as required.
• Monitor implementation of financial inclusion and innovation related recommendations from collaborations with domestic and international financial regulators, regional and international organisations and development partners.
• Provide Secretariat support for CBK’s participation/membership in national, regional and international financial inclusion and innovation initiatives/organisations.
• Review applications for licenses for non-banks including carrying out the vetting of significant shareholders and proposed directors in accordance with existing laws, regulations and guidelines.
• Ensure that the CBK website and other channels are updated on approval of new licenses for Non-Banks.
• Oversee drafting and issuance of Banking Sector Annual Innovation Survey by end of March following the year end.
• Oversee drafting and issuance of Bi-Annual Survey on MSME Access to Bank Credit by end of March following the year end.
• Provide the requisite financial inclusion and innovation policy implementation reports within set timelines.
• Report on emerging challenges and market dynamism.
• Develop, train, coach, motivate and evaluate functional staff to achieve highest levels of performance.
• Ensure adherence to Bank policies, procedures, guidelines and related legislations.
• Responsible for succession management and resource management to ensure effective performance.
• Any other assigned duties and responsibilities by the Supervisor.

Qualifications

• Bachelor’s Degree in Management, Economics, ICT, Project Management, Engineering, Insurance, Law, Finance or related discipline from a reputable institution.
• Master’s in Business Administration, Finance, ICT, Project Management, Engineering, Accounting, Economics, Law or related discipline is an added advantage.
• Professional qualification(s) in accounting, finance, ICT, Project Management banking or related discipline is an added advantage.

Work Experience

• At least six (6) years’ post qualification experience in Prudential/Bank Supervision, ICT, Engineering, Project Management, Financial Analysis, Auditing, Accounting, Commercial Banking Operations and any other relevant area with at least two (2) years in a supervisory capacity.