Vacancies at Kenya Deposit Insurance Corporation

Reference Number: V/No. 21/2024

Duties and responsibilities will entail:

• Facilitating the function of Board Affairs by providing logistical support, updating board minutes books, maintaining the Board of Directors' bio data, and providing periodic reports.
• Coordinating activities of external court process servers.
• Implementing the legal registry and documents management system and facilitating safe custody of records.
• Coordinating the litigation function by liaising with different court registries, maintaining the centralized court diary, and maintaining the bring-up system for case files.
• Attending court to procure counsels to hold the briefs of the Corporation as necessary to avoid unnecessary adjournments of court proceedings.
• Perusing and analyzing the daily court cause list and guiding the in-house counsel on listings as appropriate for effective management of the litigation portfolio and court attendance.
• Coordinating the identification of relevant Continuous Professional Development (CPD) courses, applications for practicing certificates, and acting as a principal liaison person with the Law Society of Kenya (LSK) and the Institute of Certified Public Secretaries of Kenya (ICPSK).
• Conducting searches at the land registry and presenting conveyancing documents involving the Corporation for stamping at the Commissioner of Domestic Taxes and other tax agents, as required, to ensure effective document registration.

Requirements for Appointment:

• At least (4) years of relevant work experience.
• Diploma in paralegal studies from Kenya School of Law.
• Registered as a process server.
• Valid license as court process server.
• Proficiency in computer applications.
• Fulfilling the requirements of Chapter Six of the Constitution of Kenya 2010.

go to method of application »

V/No. 24/2024

Duties and responsibilities will entail:

• Collecting, dispatching mails and running office errands.
• Distributing mails within the Corporation.
• Requisitioning office general supplies.
• Operating basic office equipment (binding machine, etc).
• Ensuring safe custody of the office facilities handed over for use or safekeeping.
• Filing office correspondences as guided.
• Monitoring and replenishing inventory of office supplies, e.g. printing papers, etc.
• Moving or carrying office equipment, furniture and ensuring orderly arrangement.
• Ensuring general office cleanliness.
• Arranging for meeting venues / Boardrooms professionally and timely.
• Performing general office clerical duties.
• Availing drinking water in the meeting rooms and common areas.

Requirements for Appointment:

• At least five (5) years relevant work experience Served in the grade of Office Assistant or comparable position in the Public Service/Private Sector.
• KCSE (mean grade D+ plus) or equivalent qualification.
• Proficiency in Computer applications.
• Fulfilling the requirements of Chapter Six of the Constitution of Kenya 2010.

go to method of application »

Duties and responsibilities will entail:

• Providing transporting services to the Corporation.
• Ferrying staff to designated official destinations.
• Ensuring maintenance and proper management of assigned vehicle(s).
• Ensuring the assigned vehicle(s) has the necessary tools (toolbox, spotlight, umbrella, fire extinguisher, and an equipped first aid kit).
• Running errands in line with corporation activities.
• Ensuring that the vehicle insurance is renewed when due.
• Ensuring that the vehicle is taken for service when due.
• Routinely checking the vehicle and promptly reporting any defects.
• Adherence to the Traffic Act, and the Corporation’s policies and procedures on fleet management.
• Ensuring that all journeys using the vehicle are duly authorized and captured in the work ticket.
• Ensuring driving license is valid at all times.
• Ensure that the assigned vehicle(s) is always fuelled in line with the policies and procedures on fleet management.
• Reporting any incidence to the police and the supervisor immediately they occur.
• Ensuring cleanliness of assigned vehicle.

Requirements for Appointment:

• At least five (5) years relevant work experience in a comparable position.
• A valid BCE driving license.
• KCSE (mean grade D+ plus) or equivalent.
• Proficiency in Computer applications.
• First Aid certificate course lasting not less than one week from a recognized institution.
• Occupational Trade Test III.
• Defensive Driving.
• Fulfilling the requirements of Chapter Six of the Constitution of Kenya 2010.

go to method of application »

Duties and responsibilities will entail:

• Maintaining human resource records both electronic and manual in accordance with legal requirements and the institution’s policies and procedures for reference and decision making.
• Updating and filing of staff records for human resource to ensure safe keeping and future reference.
• Providing Human Resource and Administrative support such as placement of advertisements, receiving and filling applications, inviting candidates for interview, organizing interview venues, conducting background checks to facilitate recruitment process.
• Drafting of correspondences to staff/clients to enhance customer service relations.
• Responding to staff/customer enquiries within provided timelines to ensure healthier customer service while adhering to the Interdepartmental SLAs.
• Verifying supplier payments to ensure timely payments for service delivery.
• Preparing appointment letters to facilitate seamless onboarding and promotion.
• Preparing induction programs for new staff to facilitate induction process.
• Facilitating staff medical scheme through registration and deregistration of employees and dependants to ensure healthy work force.
• Processing and following up claims for medical cover and insurance to enhance staff satisfaction and productivity.
• Generating and preparing human resource reports for decision making.
• Compiling Pay Change Advice to facilitate payroll processing.
• Performing general human resource department administrative functions which include taking and keeping departmental minutes, organizing, and managing both incoming and outgoing correspondence and coordinating the provision and availability office supplies to facilitate efficient business operations.

Requirements for Appointment:

• Diploma in Human Resource Management from recognised institution.
• Proficiency in Computer Application.
• Fulfilled the requirements of Chapter Six of the Constitution of Kenya 2010.

go to method of application »

Duties and responsibilities will entail:

• Verifying of payments and journal vouchers.
• Writing cheques /Setting payments in bank system and following up for approval by signatories.
• Posting payments and receipt vouchers in the cash books to update general ledgers.
• Tagging, physical confirmation of Fixed Assets and update of the fix asset register.
• Maintenance and accounting for the petty cash imprest.
• Tracking payments vouchers and ensure accuracy of payee accounts.
• Preparing of periodic performance and management reports.
• Participating in preparing timely and accurate Quarterly and Annual Report and Financial Statements.
• Preparing audit schedules for internal and external Auditors.
• Preparing timely and accurate monthly bank reconciliation reports.
• Adhering to laid down accounting controls procedures and processes.
• Updating and filing tax returns and other statutory financial obligations.
• Collating financial information.
• Updating and maintaining short term placement register.
• Ensuring receipting and banking of all monies received and acknowledging to the loanees.
• Ensuring proper management of Dishonored cheques.
• Ensuring proper Management of online payments and Debit & Credit cards.
• Preparing and implementing annual Divisional work plans and budgets.
• Ensuring posting of receipts in the cash books.
• Drafting correspondences to stakeholders.
• Ensuring response to client queries as per service charter.
• Maintenance of accounts payables & receivables’ ledgers.
• Gathering and analyzing information that facilitates short term placements.

Requirements for Appointment:

• At least three (3) years in relevant work experience.
• CPA Part 2/ACCA II or Diploma in any of the following disciplines: Finance, Accounts, Economics, Business Administration or equivalent qualification from a recognized institution.
• Proficiency in Computer Application.
• Fulfilled the requirements of Chapter 6 of the Constitution of Kenya 2010.

go to method of application »

Duties and responsibilities will entail:

• Providing support in developing and ensuring Implementation of the developed policies and procedures that guides day operations of the Investigations department.
• Preparing department work plans and budget in line with the approved directorate budget.
• Conducting forensic and asset tracing Investigations on corruption and economic crimes in line with the established guidelines.
• Carrying out preliminary forensic investigations on reported cases by examining and reviewing the existing records from a troubled financial institution.
• Providing information required by Bank Fraud Investigation department to support non-conviction-based recovery.
• Collaborating evidence collected by other parties on corruption and economic crimes cases for troubled financial institutions.
• Responding to complaints and correspondences from relevant government agencies on the issues arising from investigations undertaken by the department.
• Attending assigned court cases to give testimony on behalf of the troubled financial institutions.
• Compiling information required to facilitate preservation of identified assets deemed to belong to the troubled institutions pending court determination of ownership in the interest of depositors and creditors.
• Compiling status report on troubled institution cases been investigated by other government investigation agencies to enable management make timely decisions on recovery options.

Requirements for Appointment:

• At least three (3) years’ relevant work experience.
• Bachelor’s degree in any of the following disciplines: Criminology, Law, Political Science, Social Sciences or equivalent qualifications from a recognized institution.
• Diploma in Criminology, Forensic Auditing or related field.
• Certification in fraud examination or any other equivalent professional qualification.
• Proficiency in computer applications.
• Fulfilling the requirements of Chapter Six of the Constitution of Kenya 2010.

go to method of application »

Duties and responsibilities will entail:

• Coordinating the development and implementation of an integrated performance management system.
• Providing guidance at both the programs and departmental level to ensure alignment of the monitoring and evaluation system with the strategy and results framework.
• Advising and coordinating on the operationalization of results-based management as formulated in the corporate strategy and results framework.
• Ensuring full implementation of the automated performance management tool.
• Preparing the development of policies and guidelines to formulate good practices with respect to results-based management.
• Monitoring and evaluating performance results based on evidence-based management.
• Coordinating the annual analysis of departmental performances.
• Coordinating the development and implementation of a computer-based system to track the implementation action plans.
• Coordinating the follow-up on evaluation recommendations and implementation.
• Generating periodic performance reports for review and decision-making.
• Preparing and coordinating the performance review calendar.
• Liaising with cross-functional heads to collect and consolidate the performance reports.
• Implementing risk and quality assessment activities, which involve analyzing risks as well as identifying, analyzing, and measuring the risks affecting the business units.
• Compiling and consolidating risks and quality reports for various audiences such as business units and senior management.
• Preparing staff training programs for risk and quality awareness within the corporation.
• Monitoring and evaluating initiatives designed to build a culture of risk and quality awareness in the corporation.
• Monitoring the implementation and maintenance of Corporate-wide business continuity programs that address disaster recovery, business recovery, and emergency response management.
• Managing records for Enterprise Risk and Business Continuity.
• Preparing management reports arising from the tracking of risks, operations, and quality management related to the operations in all the corporation's processes, etc.
• Reviewing standard procedures for development to manage and maintain enterprise risk and quality objectives.
• Reviewing Enterprise risk and quality workplans and research.
• Verifying the Identified Enterprise risk and quality Challenges.
• Promoting Enterprise risk and quality direction and needs and proposing solutions, roadmaps, and assessments of potential business impacts.

Requirements for Appointment:

• At least three (3) years’ relevant work experience.
• Bachelor’s Degree in any of the following fields: Economics, Statistics, Mathematics, Strategic Management, Business Development, Development Studies, and Business Administration or equivalent from a recognized institution.
• Proficiency in computer applications.
• Fulfilling the requirements of Chapter Six of the Constitution of Kenya 2010.

go to method of application »

Duties and responsibilities will entail:

• Participating in preparing the annual audit plan in line with the risk profile of the Corporation.
• Participating in formulating audit tests procedures relevant to the risks and objectives to be achieved in an audit engagement.
• Supporting in designing process walkthroughs, flowcharts to help in understanding of business processes and relevant information systems under review.
• Participating in operational and financial audits in all the Directorates and departments of the Corporation in order to provide assurance on the adequacy and effectiveness of the controls employed.
• Participating in auditing Institutions under Liquidation in order to provide assurance on the adequacy and effectiveness of the internal control system implemented.
• Preparing working papers to adequately support the audit work performed.
• Gathering required information through examination of records or by undertaking interviews in order to support audit findings.
• Providing support in undertaking analytical reviews to assess the risk of the areas being audited.
• Updating audit files and ensuring proper filing of working papers.
• Participating in undertaking audit follow-ups in order to ensure that audit recommendations and management actions are closed in time.
• Supporting implementation of Quality Management System within the Directorate.

Requirements for Appointment:

• At least three (3) years of relevant work experience.
• Bachelor’s Degree in Commerce (Accounting or Finance Option), Business Administration or Business Management (Accounting or Finance Option), or any other related degree from a recognized University.
• Proficiency in computer applications.
• Professional Accounting qualification: Full Certified Public Accountant (CPA(K)/ACCA/CIA) or an equivalent from a recognised institution.
• Fulfilling the requirements of Chapter Six of the Constitution of Kenya 2010.

go to method of application »

Duties and responsibilities will entail:

• Implementing financial and accounting policies and procedures in line with the requirements of the Public Finance Management Act, International Financial Reporting Standards (IFRS), and other related government regulations to ensure prudent and optimal utilization and accounting of the Corporation’s financial resources.
• Maintaining complete, timely, and accurate financial records in the implementation of the Corporation’s annual budgets, corporate annual work plan, and the Corporation’s annual reports.
• Keeping accurate, complete, and timely financial records to enhance the internal control systems to monitor financial accounting and safeguard assets from waste through policies, procedures, checks, and balances, to ensure that the taxpayer gets value for money.
• Keeping accurate, complete, and timely financial records in the management of working capital (current assets and current liabilities).
• Processing documents for payments and making payments within the stipulated period.
• Updating transactions in the general ledger, cash book, and other subsidiary ledgers for the Corporation.
• Preparing invoices for the reimbursement of expenses incurred by the Corporation on behalf of the Institutions in Liquidation.
• Maintaining the invoices register for the Corporation.
• Managing the finance registry to ensure that accountable documents and records are properly filed and accessed by authorized personnel only.
• Maintaining a register on public complaints and processing requests for access to information to enhance service delivery in the directorate.
• Documenting the implementation of the citizen service delivery charter in the directorate.
• Implementing the Corporation’s Annual Budget and Work Plan by keeping timely, complete, and accurate financial records.
• Implementing the directorate’s annual work plans, budget, and procurement plan by keeping timely, complete, and accurate financial records.

Requirements for Appointment:

• At least three (3) years relevant work experience.
• Bachelor’s degree in Commerce, Accounts, or a business-related field.
• Professional Accounting qualification: Full Certified Public Accountant or an equivalent qualification from a recognized institution.
• Proficiency in computer applications.
• Fulfilling the requirements of Chapter Six of the Constitution of Kenya 2010.

go to method of application »

Duties and responsibilities will entail:

• Participate in the development and implementation of policies, standards, strategies, guidelines, and procedures for deployment, management, and utilization of ICT business applications and resources for efficiency and effectiveness.
• Adopts and implement effective strategies for the selection and deployment of ICT applications, software, service delivery, business process continuity/disaster recovery, and information security;
• Undertake systems testing, user acceptance, commissioning, and implementation in accordance with contract provisions, applicable regulations, and standards;
• Participate in the development and implementation of corruption prevention and mitigation strategies in ICT;
• Participate in coaching, mentoring, training, and development of the department staffs/interns/attaches to ensure a coherent and motivated team.
• Maintains and uploads content on the intranet and web portals to support dissemination of knowledge and information.
• Undertake and review daily back-ups and maintain disaster recovery sites to safeguard data to ensure confidentiality, availability, and integrity of data.
• Undertake business requirements to support rollout of ICT systems, Enterprise Resource Management Planning System, the Enterprise Data Warehouse & Business intelligence, and other business relevant applications;
• Guarantee business continuity planning by ensuring efficiency and effectiveness in identification, acquisition, maintenance, inventory, physical security, and disposal of ICT assets and applications.
• Maintain core banking systems and applications for institutions in receivership and under liquidation for data confidentiality, integrity, and availability to ensure business continuity.
• Implement new business systems including data migration, systems testing, piloting, and commissioning in liaison with the users.
• Implement the department’s citizen service delivery charter to enhance accountability and transparency in service delivery to stakeholders;
• Implement and maintain Information Security Management System (ISMS) based on the ISO standards;
• Prepare and respond to complaints, compliments, and request for information in the department.
• Undertake timely renewal of all ICT licenses for hardware & software in the Corporation.
• Participate in the development and implementation of departmental annual work plans; budgets and timely reports.
• Participate in the implementation of prioritized ICT systems & application analysis, design, review, and maintenance for optimal operation in accordance with standards and policies.
• Lead the development of systems user requirements, standards, and procedures for analyzing applications, systems to comply with business needs and to enhance automation.
• Undertake and document business process improvements relating to business systems development and request for change.
• Responsible for collaborating with the software developments for system design, coding, testing, development, deployment, and maintenance for efficient operations of the Corporation.
• Responsible for coordinating system user training, acceptance test and sign-offs of the newly-deployed systems and undertaking end user satisfaction surveys.
• Responsible for undertaking system and server testing to provide performance statistics and reports to help in developing strategies for infrastructure maintenance & upgrade.
• Undertaking continuous system security by monitoring to ensure all cybersecurity measures anti-virus utilities and firewall systems are up to date.
• Coordinate contract execution with vendors to ensure performance in accordance with terms and conditions.
• Responsible for establishing and implementing measurable standards (KPI’s) for service delivery, support, and problem-solving to support the systems and applications.
• Responsible for configuration, Installation, administration, upgrading and optimizing systems, servers, switches, routers and related components to ensure high performance and availability of the various business applications.
• Responsible for maintaining network cabling for offices, telephony equipment, data center, and disaster recovery sites as well as undertake systems security audits while ensuring regular system backups, test and recovery
• Responsible for undertaking regular network security monitoring and any possible intrusions or viral infections, updating security solutions, including firewall, anti-virus, and intrusion detection systems, regular network penetration testing, ensuring all network equipment are updated.

Requirements for Appointment:

• Minimum period of Four (4) years relevant work experience.
• Bachelor’s degree in Computer Science, Information Technology/Systems, Telecommunication Engineering, Electrical engineering or related fields, from a recognized University.
• Systems Administration and other technical certifications such as; MCSE, SQL, CISA.
• Programming and ERP systems deployment technical certifications such as; MCSD, MS Dynamics, Oracle.
• Membership in ISACA or equivalent from recognized institution.
• Fulfilling the requirements of Chapter Six of the Constitution of Kenya 2010.

go to method of application »

Duties and responsibilities will entail:

• Coordinating the development and implementation of an integrated performance management system.
• Providing guidance at both the programs and departmental level to ensure alignment of the monitoring and evaluation system with the strategy and results framework.
• Advising and coordinating on the operationalization of results-based management as formulated in the corporate strategy and results framework.
• Ensuring full implementation of the automated performance management tool.
• Preparing the development of policies and guidelines to formulate good practices with respect to results-based management.
• Monitoring and evaluating performance results based on evidence-based management.
• Coordinating the annual analysis of departmental performances.
• Coordinating the development and implementation of a computer-based system to track the implementation action plans.
• Coordinating the follow-up on evaluation recommendations and implementation.
• Generating periodic performance reports for review and decision-making.
• Preparing and coordinating the performance review calendar.
• Liaising with cross-functional heads to collect and consolidate performance reports.
• Implementing risk and quality assessment activities, which involve analyzing risks as well as identifying, analyzing, and measuring the risks affecting the business units.
• Compiling and consolidating risks and quality reports for a variety of audiences such as business units and senior management.
• Preparing staff training programs for risk and quality awareness within the corporation.
• Monitoring and evaluating initiatives designed to build a culture of risk and quality awareness in the corporation.
• Monitoring the implementation and maintenance of Corporate-wide business continuity program that addresses disaster recovery, business recovery, and emergency response management.
• Records Management of Enterprise Risk and Business Continuity.
• Preparing management reports arising from the tracking of risks, operations, and quality management related to the operations in all the corporation’s processes, etc.
• Reviewing standard procedures for development to manage and maintain enterprise risk and quality objectives.
• Reviewing Enterprise risk and quality work plans and research.
• Verifying the Identified Enterprise risk and quality Challenges.
• Promoting Enterprise risk and quality direction and needs and proposing solutions, roadmaps, and assessment of potential business impacts.

Requirements for Appointment:

• At least four (4) years’ relevant work experience.
• Bachelor’s Degree in any of the following fields: Economics, Statistics, Economic in Mathematics, Strategic Management, Business Development, Development Studies, and Business Administration or equivalent qualifications from a recognized institution.
• Relevant Professional qualification where applicable.
• Member of relevant Professional bodies in good standing where applicable.
• Proficiency in Computer Applications.
• Fulfilling the requirements of Chapter 6 of the Constitution of Kenya 2010.

go to method of application »

Duties and responsibilities will entail:

• Developing procedures and tools for bank risk management, including on-site and off-site examination, and surveillance framework to enhance financial soundness, proactive risk management, and early detection of distressed banks to protect the interest of depositors.
• Developing and implementing strategies, guidelines, and procedures for the provision of a Deposit Insurance System and management of the Deposit Insurance Fund to protect depositors and promote public confidence in the financial sector.
• Formulating the risk-based premium assessment model, parameters, and procedures applicable for charging premiums payable by all commercial banks and microfinance banks licensed and regulated by the Central Bank of Kenya into the Deposit Insurance Fund.
• Developing curriculum for Crisis Preparedness and management and spearheading crisis simulation exercises for the Corporation.
• Drafting and implementing tools and work plans for the on-site and off-site examination of all commercial and microfinance banks licensed by the Central Bank of Kenya.
• Preparing bank examination reports, and monthly, quarterly, and annual Data Analysis reports, proposing recommendations to address identified gaps of the financial performance of member banks.
• Drafting and implementing strategies and procedures to ensure timely payment of protected deposits, increase the value of deposits covered in the deposit insurance system, and provide incentives for sound risk management and effective fund management.
• Drafting and implementing procedures for Viability Assessment, Systemic Impact Assessment, and Resolvability Assessment for commercial and microfinance banks licensed and regulated by the Central Bank of Kenya, their subsidiaries, and related parties.
• Implementing strategies and procedures for effective premium assessment, management, and application of the deposit insurance fund to promote public confidence.
• Implementing innovation, technology, and business process re-engineering strategies to enhance service delivery to stakeholders and address emerging global trends in bank Deposit Insurance Systems.
• Drafting and implementing strategies and procedures to define the level and scope of deposit insurance coverage and determine optimal Target Fund Size and timeframe to achieve the Fund size to meet the Corporation’s mandate.
• Carrying out stress testing of all commercial and microfinance banks.
• Implementing procedures for dispute and complaint resolution to protect the interests and reputation of the Corporation in the execution of risk minimization and prompt resolution mandate.
• Implementing methodologies and guidelines for providing incentives for sound risk management to commercial and microfinance banks licensed and regulated by the Central Bank of Kenya.
• Drafting and implementing procedures for data and information sharing by commercial and microfinance banks for analysis, risk assessment, and profiling.
• Carrying out risk-based rating and reporting of all commercial and microfinance banks licensed by the Central Bank of Kenya.
• Organizing stakeholder forums to discuss thematic areas including risk minimization, deposit insurance, and prompt resolution.
• Implementing performance management systems to monitor, evaluate, report, and reward performance in line with agreed performance targets and service standards of the Department.
• Identifying emerging global trends and risks and outlining risk response activities for financial stability.
• Implementing change management and business process re-engineering programs in the Department.
• Implementing policies on enterprise risk management, business continuity planning, and disaster recovery plans.
• Resolving public complaints and processing requests for access to information from the Department to enhance public confidence in relation to the Corporation’s mandate.
• Implementing and maintaining Quality Management Systems, Information Security Management Systems, risk management, and other ISO Standards for process improvement and enhanced service delivery in the Department.
• Implementing procedures for harnessing, conservation, and dissemination of knowledge and information on Bank Risk minimization, deposit insurance, and prompt resolution.
• Drafting and implementing the Department’s citizen service delivery charter to enhance accountability and transparency in service delivery to stakeholders.
• Implementing corruption prevention and mitigation strategies in the Department.
• Implementing guidelines for supervision, coaching, mentoring, training, and development of all staff to ensure an efficient and motivated team in the Department.
• Drafting the Department’s annual budgets, annual work plan, annual procurement and disposal plan, annual performance contract, and the Department’s periodic reports.

Requirements for Appointment:

• At least four (4) years’ experience in financial analysis, risk management, forensic or fraud investigation, actuarial analysis, financial reporting.
• Bachelor’s Degree in Commerce, Finance, Economics, Actuarial Science, Business Information Technology, Business Management, Business Administration, or relevant qualification from a recognized institution.
• Professional qualification in accounting, risk management, actuarial science, financial analysis, or Information Technology, or fraud examination.
• Proficiency in computer applications.
• Fulfilling the requirements of Chapter Six of the Constitution of Kenya 2010.

go to method of application »

Duties and responsibilities will entail:

• Facilitating the take-over of all assets, liabilities, and businesses of distressed banks and financial institutions as the sole and exclusive receiver/appointed liquidator.
• Implementing agreed action plans for timely collection of debts and disposal of assets for the benefit of depositors and creditors of banks in receivership and financial institutions under liquidation.
• Implementing agreed activities to preserve the assets of banks placed in receivership and minimize financial loss.
• Coordinating and conducting financial crisis simulation exercises and preparing progress reports on the adequacy of the financial crisis framework.
• Maintaining custody of ownership documents of all assets and records of banks in receivership, financial institutions under liquidation, and wound-up financial institutions to ensure safety and facilitate timely realization for the benefit of depositors and creditors.
• Compiling and consolidating investment proposals to ensure timely investment of funds for banks in receivership and institutions under liquidation in compliance with developed policies, guidelines, and procedures to preserve the value of the banks and increase the payout to depositors and creditors.
• Undertaking approved activities in support of the selected optimal resolution option that minimizes financial loss to the Deposit Insurance Fund.
• Implementing approved policies, guidelines, procedures, and frameworks for disposal of subsidiaries and other assets of banks and financial institutions under resolution and wound-up institutions.
• Implementing approved policies, guidelines, procedures, and frameworks to manage residual assets of wound-up institutions for the benefit of the Deposit Insurance Fund.
• Coordinating business process re-engineering activities leveraging on technology to enhance service delivery to depositors and creditors.
• Maintaining the core banking and other operating systems for assigned banks in receivership for data confidentiality, integrity, and availability.
• Developing winding up checklists and coordinating the winding-up process of identified financial institutions in line with approved policies, guidelines, procedures, and frameworks.
• Carrying out identified Alternative Dispute Resolution activities to enhance loan collections, minimize running costs, and ensure effective and efficient receivership process and fast-track liquidation process for the benefit of depositors and creditors of banks in receivership and institutions under liquidation.
• Ensuring compliance with developed performance management systems to monitor, evaluate, report, and reward performance in line with agreed performance targets and service standards of the Corporation.
• Implementing and undertaking the review of the approved risk management policy to ensure the unit has a robust system and processes of accountability, enterprise risk management, and business continuity.
• Reviewing submitted documents to facilitate the execution, discharge, and release of securities for fully settled debts for banks in receivership, institutions under liquidation, and wound-up institutions.
• Generating proposals for payments of protected deposits and additional payments to depositors/creditors and ensuring timely processing.
• Ensuring compliance with developed financial, accounting policies, relevant laws, and regulations for timely reporting for assigned banks in receivership and institutions under liquidation.
• Reviewing proposals for disposal of assets of fully wound-up institutions.
• Facilitating the process of collection of witness statements for key court matters for banks in receivership and institutions under liquidation to facilitate recoveries for the benefit of depositors, creditors, and the Corporation.
• Ensuring compliance with developed financial, accounting policies, relevant laws, and regulations for timely reporting for assigned banks in receivership, institutions in liquidation, and wound-up institutions.
• Implementing and ensuring compliance with the approved framework of engagement and evaluation of service providers in furtherance of the directorate’s objective of increasing debt recovery rate for banks in receivership and institutions under liquidation.
• Providing information required to evaluate progress in implementation of Board resolutions and audit recommendations for the unit.
• Supervising and facilitating training and development of direct reports staff to ensure an efficient and motivated team.
• Appraising the direct reports.
• Generating and compiling information and data required for presentation to relevant financial sector committees articulating the Corporation’s mandates of receivership, liquidation, and winding up.
• Reviewing revenue, expenditure, assets, and liabilities reports of the assigned banks in receivership and institutions in liquidation to enhance their liquidity, value preservation, and ensure their sustainability.
• Coordinating activities to support in the management of assets of fully wound-up institutions for the benefit of the Corporation.
• Coordinating provision of information for identified research areas relating to relating to banks receivership, liquidation, and winding up processes.
• Implementing and facilitating review of identified commitments in the citizen service delivery charter to enhance accountability and transparency in service delivery to stakeholders.
• Resolving public complaints and coordinating processing of requests for access to information to enhance public confidence in relation to the receivership, liquidation, and winding up processes.
• Providing information to facilitate preparation and review of the unit’s annual work plan and annual performance contract in line with the directorate’s objectives.
• Ensuring compliance with Quality Management Systems and other ISO Standards for process improvement and enhanced service delivery in the directorate.
• Responsible for the collection of loans and other debts for assigned banks in receivership, institutions in liquidation, and wound-up institutions.
• Transferring surplus funds for wound-up institutions to the Deposit Insurance Fund.

Requirements for Appointment:

• At least eight (8) years’ work experience in financial reporting or analysis, risk management, forensic or fraud investigation, actuarial analysis, financial reporting.
• Bachelor’s Degree in Commerce, Banking, Finance, Economics, Business Administration, or an equivalent qualification.
• Master’s degree in Commerce, Banking, Finance, Economics, Business Administration, or an equivalent qualification (added advantage).
• Professional qualification in Commerce, Banking, Finance, Economics, Business Administration, or an equivalent from a recognized Professional body.
• Membership to a relevant professional body.
• Supervisory course from a recognized institution (added advantage).
• Fulfilling the requirements of Chapter Six of the Constitution of Kenya 2010.

go to method of application »

Duties and responsibilities will entail:

• Ensure conformity to internal Audit policies and procedures to ensure conformance with the relevant Acts, Regulations, and Standards.
• Monitor the planning, implementation, and execution of the annual audit work plan of the Directorate.
• Monitor the review of controls safeguarding the Corporation’s assets.
• Review audit programs and test procedures.
• Review audit working papers and evidence for audit assignments done.
• Supervise staff in the directorate, including completing performance appraisals and personal development for direct reports, in accordance with the established performance management system.
• Prepare correspondences and respond/act as appropriate to both internal and external contacts to ensure timely feedback.
• Ensure adherence to Internal Audit strategies, policies, procedures, and standards by internal audit staff.
• Monitor the execution of risk-based, value-for-money, and systems audits aimed at strengthening internal control mechanisms that could have an impact on the achievement of the strategic objectives of the Corporation.
• Review documentation of audit findings to ensure they are factual, relevant, and objective with requisite recommendations for improvements.
• Provide guidance on the utilization of automated tools in carrying out audit assignments.
• Review internal audit reports to ensure that the audit evidence gathered supports the audit findings as documented.
• Facilitate follow-ups on the implementation of internal and external audit recommendations and report findings.
• Prepare audit reports on performed audits.
• Carry out continuous review of the audit tests/programs and processes to ensure that the audit scope is adequately covered and addresses the audit objectives.
• Draft briefs for presentation in senior management meetings on the audits carried out.
• Initiate preparation of Board audit reports.

Requirements for Appointment:

• At least eight (8) years of relevant work experience, five (5) of which should have been at a Managerial level.
• Bachelor’s Degree in Commerce (Accounting or Finance Option), Business Administration or Business Management (Accounting or Finance Option), Information Technology, or any other related degree from a recognized University
• Master’s degree in the same fields will be an added advantage.
• Full Certified Accountancy qualification in CPA(K), ACCA, or equivalent qualification from a recognized institution.
• Certified Information Systems Auditor (CISA).
• Member of Institute of Certified Public Accountants of Kenya (ICPAK), IIA, ISACA, or any other relevant professional body, and be in good standing.
• Management course from a recognized institution will be an added advantage. viii. Proficiency in computer applications.
• Fulfilling the requirements of Chapter Six of the Constitution of Kenya 2010.

go to method of application »

Duties and responsibilities will entail:

• Coordinate formulation, implementation, and review of policies, procedures, strategies, and frameworks relating to the Corporation’s policy and research.
• Design and lead research and development programs and projects across the Corporation’s strategic priorities, ensuring objectives are delivered on time.
• Coordinate research, analysis, and policy formulation in areas related to deposit insurance, bank examination, and resolution of troubled banks/institutions.
• Coordinate research, studies, surveys, and benchmarking to ensure adoption of best practices and emerging trends on matters relating to the Corporation’s mandate and disseminate research findings and recommendations to stakeholders.
• Coordinate collaborations and partnerships with member institutions (banks), financial safety-net players, strategic and development partners, government agencies, private sector, and any other relevant stakeholders aimed at strengthening research and policy to inform adoption of best practices and attainment of the Corporation’s mandate of deposit insurance, bank examination, and prompt resolution.
• Coordinate development, implementation, and review of strategies for identification of emerging global trends and inform topical areas for research.
• Lead in the development and implementation of corruption prevention and mitigation strategies in the Unit.
• Provide oversight of all activities and manage the day-to-day operations for a smooth functioning and efficiency of the Policy and Research Unit.
• Coordinate the formulation and implementation of targeted research initiatives and activities to support policy and decisions for a stable financial sector.
• Maintain linkages, partnerships, collaboration, and cooperation with relevant stakeholders for information sharing and participation in research activities.
• Oversee the publication and dissemination of research findings and recommendations as well as policy briefs as may be appropriate.
• Oversee the application of research findings in policy formulation and other decision-making in the Corporation.
• Plan, implement, monitor, evaluate, and report on research projects.
• Implement Board resolutions and audit recommendations relating to the Unit.
• Keep up to date with key developments in policy and research on deposit insurance and resolution matters as well as on global trends.
• Develop and implement research methodologies and techniques to be adopted in various research projects in the Corporation.
• Coordinate conservation, harnessing, and dissemination of knowledge and information on Corporation’s mandate and activities.
• Appraise the direct reports in the Policy and Research Unit.
• Lead change management and business process re-engineering programs in the Policy and Research Unit.
• Oversee the development, implementation, and review of performance management systems to monitor, evaluate, report, and reward performance in line with agreed performance targets and service standards of the Unit.
• Lead in the development, implementation, monitoring, and review of the Unit annual budgets, corporate annual work plan, annual consolidated procurement and disposal plan, annual performance contract, and the Unit’s periodic reports.
• Coordinate implementation, monitoring, and review of Quality Management Systems and other ISO Standards for process improvement and enhanced service delivery in the Unit.
• Lead supervision, coaching, mentoring, training, and development of all staff to ensure an efficient and motivated team in the Unit.
• Coordinate implementation, monitoring, and review of risk management policy and framework that ensures the Unit has a robust system and processes of accountability, enterprise risk management, and business continuity.
• Coordinate development, implementation, and review of the citizen service delivery charter for the Unit to enhance accountability and transparency in service delivery to stakeholders.
• Coordinate resolution of public complaints and processing of requests for access to information from the Unit to enhance public confidence in relation to the Corporation’s mandate.
• Lead in the implementation of principles of Corporate Governance, relevant national policies, guidelines, and directives in the Unit.
• Coordinate the dissemination of research findings as part of the public awareness, stakeholder management/engagement, and financial literacy education initiatives.
• Oversee implementation and enforcement of internal control systems within the Unit.

Requirements for Appointment:

• At least eight (8) years of relevant work experience, five (5) of which should have been at a Managerial level.
• Bachelor’s Degree in Economics, Statistics, Economic Mathematics, Strategic Management, Business Development, Development Studies, Business Administration, or equivalent qualifications from a recognized institution.
• Master’s degree in the same fields will be an added advantage.
• Leadership Course from a recognized institution is an added advantage.
• Membership of relevant professional body where applicable.
• Proficiency in Computer Applications.
• Meets the provisions of Chapter 6 of the Constitution of Kenya 2010.

go to method of application »

Duties and responsibilities will entail:

Monitoring Dispute Resolution and Litigation Function:

• Recommending appropriate witness preparation and pre-trial briefings.
• Prosecuting and defending matters before the Courts.
• Attending to matters instituted through Alternative Dispute Resolution channels.
• Monitoring the department’s outsourced service providers.
• Recommending legal strategies to Liquidation Agents of troubled institutions.
• Undertaking negotiations, mediations, and Arbitration.

Managing Conveyancing Function:

• Reviewing grants and dispositions of public land.
• Drafting and reviewing documents for charging of staff securities.
• Monitoring progress of conveyancing matters affecting the corporation and troubled institutions.
• Monitoring the department’s outsourced service providers.

Managing Legal Advisory Function:

• Coordinating the development of departmental risks and opportunities register.
• Undertaking the performance management function.
• Maintaining records for stakeholders to facilitate stakeholder management.
• Preparing final Debt Negotiations and Asset Recovery proposals for Board approval.
• Coordinating the provision of Legal Advisory Services to the Institutions in receivership.
• Preparing opinions on the interpretation of laws, regulations, and circulars.
• Assessing legal fees for external service providers.

Supporting Board Affairs Function:

• Maintaining the Board of Directors Bio data and preparing periodic reports.
• Supporting Secretarial Services to the Board through logistical support.
• Developing and reviewing Board Committee Policies and Procedures.
• Identifying relevant training and development opportunities for the board of directors.
• Drafting Board Workplan and Almanac.

Requirements for Appointment:

• At least eight (8) years of relevant work experience, with five (5) years in a managerial role.
• Bachelor of Law (LLB) from a recognized university.
• Postgraduate Diploma in Law from the Kenya School of Law.
• Master’s degree in Law, Business Administration, Public Administration, or a related field is an added advantage.
• Admitted as an Advocate of the High Court of Kenya.
• Registered as a Certified Secretary is an added advantage.
• Leadership Course from a recognized institution is an added advantage.
• Valid Practicing Certificate.
• Membership in good standing of the Law Society of Kenya.
• Membership in good standing of the Institute of Certified Secretaries is an added advantage.
• Proficiency in computer applications.
• Fulfill the requirements of Chapter Six of the Constitution of Kenya 2010.

go to method of application »

Duties and Responsibilities:

• Coordinate formulation and review of policies, guidelines, procedures, and tools for the onsite and off-site examination of all commercial and microfinance banks licensed by Central Bank of Kenya for early detection of potential distress.
• Coordinate the implementation and review of strategies, guidelines, and procedures for undertaking stress testing for all commercial and microfinance banks licensed by Central Bank of Kenya for early detection of potential distress.
• Develop strategies, methodologies, and guidelines for providing incentives for sound risk management to commercial and microfinance banks licensed and regulated by the Central Bank of Kenya.
• Supervise the implementation and review of policies, strategies, guidelines, procedures, tools, and frameworks to enhance financial soundness and risk minimization in the banking system, to trigger early detection of financial distress, and initiate timely intervention and corrective action for protection of depositors’ interests.
• Coordinate the implementation and review of policies, strategies, procedures, guidelines, and models for Systemic Impact Assessment of bank failure, in the country and across the region, to plan prompt resolution of problem banks.
• Supervise the development, implementation, and review of policies, strategies, procedures, guidelines, and models for Viability Assessment for commercial and microfinance banks licensed and regulated by the Central Bank of Kenya, their subsidiaries, and related parties, in the country and across the region, and outline prompt resolution plans for problem banks.
• Coordinate development, implementation, and review of policies, strategies, procedures, and guidelines for financial crisis preparedness and management for commercial and microfinance banks licensed and regulated by the Central Bank of Kenya, and financial sector regulators, in the country and regional agencies.
• Supervise the development, implementation, and review of policies, strategies, procedures, and guidelines for Bank Resolution Planning for commercial and microfinance banks licensed and regulated by the Central Bank of Kenya, their subsidiaries, and related parties, in the country and across the region for prompt resolution of problem banks.
• Coordinate the development, implementation, and review of policies, strategies, procedures, guidelines, and collaboration agreements for Resolvability Assessment of commercial and microfinance banks licensed and regulated by the Central Bank of Kenya, their subsidiaries, and related parties.
• Coordinate development, implementation, and review of strategies to leverage innovation, technology, and business process re-engineering to enhance service delivery to stakeholders and address emerging global trends in bank examination and risk management.
• Coordinate implementation and review of policies, strategies, guidelines, and procedures for identification of emerging global trends and risks, and offer strategic direction on bank risk minimization in the country and regional agencies.
• Coordinate the planning, organization, and implementation of on-site and off-site examination schedules and work plans for commercial and microfinance banks.
• Manage the preparation and subsequent access of relevant bank examination reports and use of findings to advise policy and guidelines.
• Implement procedures, tools, and work plans for the on-site and off-site examination of all commercial and microfinance banks licensed by Central Bank of Kenya.
• Guide in the calibration and parameterization of premium assessment models and methodologies.
• Coordinate stress testing of all commercial and microfinance banks.
• Implement training and capacity-building programs on crisis preparedness, management, and spearhead crisis simulation exercises for the Corporation, financial sector regulators, and regional agencies.
• Supervise the development, implementation, and review of guidelines for data and information sharing, and collaboration agreements by financial safety-net players, strategic and development partners to foster financial stability in the country.
• Supervise monthly, quarterly, and annual Data Analysis and Reporting of the financial performance of all commercial and microfinance banks licensed by the Central Bank of Kenya.
• Implement policies and procedures for dispute and complaint resolution to protect the interests and reputation of the Corporation in the execution of risk minimization and prompt resolution mandate.
• Implement data protection and management processes and guidelines in line with approved policies.
• Implement procedures for risk-based assessment, rating, and reporting of all commercial and microfinance banks licensed by the Central Bank of Kenya.
• Articulate the Corporation’s mandate in stakeholders' forums held to discuss industry topical issues including assessment tools, models, reports, crisis preparedness, and management.
• Coordinate all activities and manage the day-to-day operations for the smooth functioning and efficiency of the Department.
• Develop and review the Department’s strategic objectives.
• Manage the implementation and review of performance management systems to monitor, evaluate, report, and reward performance in line with agreed performance targets and service standards of the Department.
• Draft policy proposals on all matters related to Bank Examination and prompt resolution of troubled banks to inform and advise the Deputy Director as appropriate.
• Implement strategies for effective collaborations and partnerships with commercial and microfinance banks licensed and regulated by the Central Bank of Kenya, financial safety-net players, strategic and development partners, Government agencies, the private sector, and any other relevant stakeholders aimed towards adoption of best practice.
• Implement Board resolutions relevant to the Department.
• Draft responses and coordinate the implementation of internal and external audit recommendations for the Department.
• Provide regular reports and updates to the Deputy Director, Bank Examination on matters related to the Department.
• Appraise the performance of direct reports in the Department.
• Draft position papers on the Corporation’s mandate for the Financial Sector Regulators’ Forum, Financial Sector Crisis Management Committee, and other relevant forums.
• Implement change management and business process re-engineering programs in the Department.
• Manage the development, implementation, review, and enforcement of effective internal monitoring and control systems to support the Department’s operations.
• Supervise the development, implementation, monitoring, and review of the Department’s annual budgets, annual work plan, annual procurement and disposal plan, annual performance contract, and the Department’s periodic reports.
• Manage resolution of public complaints and processing of requests for access to information from the Department to enhance public confidence in relation to the Corporation’s mandate.
• Develop, monitor, and review Quality Management Systems, Information Security Management Systems, risk management, and other ISO Standards for process improvement and enhanced service delivery in the Department.
• Draft procedures for harnessing, conservation, and dissemination of knowledge and information on Bank Risk minimization and prompt resolution.
• Supervise the development, implementation, and review of the Department’s citizen service delivery charter to enhance accountability and transparency in service delivery to stakeholders.
• Implement corruption prevention and mitigation strategies in the Department.
• Implement principles of Corporate Governance, relevant national policies, guidelines, and directives in the Department.
• Manage supervision, coaching, mentoring, training, and development programs for all staff to ensure an efficient and motivated team in the Department.

Requirements for Appointment:

• At least eight (8) years of relevant work experience, with five (5) years in a managerial role.
• Bachelor’s Degree in Commerce, Finance, Economics, Actuarial Science, Business Information Technology, Business Management, Business Administration, or equivalent.
• Master’s degree in related fields is an added advantage.
• Professional qualification in accounting, risk management, actuarial science, financial analysis, or fraud examination.
• Management course certification is desirable.
• Proficiency in computer applications.
• Membership in professional bodies such as ICPAK, GARP, ICIFA, IRM, CFA, ACFE, PRMIA, IIA, ISACA, CRM, or Actuarial Society.
• Professional qualification in accountancy, risk management, financial analysis, fraud examination, internal audit, information technology, or actuarial science.

go to method of application »

Duties and Responsibilities:

• Coordinate development, implementation, and review of policies, strategies, guidelines, and procedures in the provision of a Deposit Insurance System for all commercial and microfinance banks licensed by Central Bank of Kenya.
• Coordinate development, implementation, and review of policies, strategies, guidelines, and procedures for management and application of the Deposit Insurance Fund to promote public confidence in the financial sector.
• Coordinate development, implementation, and review of strategies, guidelines, and procedures for undertaking Surveillance of all Banks to determine potential exposure to the deposit insurance scheme.
• Coordinate the development, implementation, and review of policies, strategies, procedures, and guidelines for Resolution Planning of commercial and microfinance banks licensed and regulated by the Central Bank of Kenya and related parties to mitigate exposure to deposit insurance fund.
• Coordinate development, implementation, and review of strategies to leverage innovation, technology, and business process re-engineering in the department to enhance service delivery to stakeholders and address emerging global trends in Deposit Insurance Systems.
• Develop, implement, and review policies, strategies, guidelines, and methodologies for stress testing Deposit Insurance Fund viability and resilience against banking system risks, and articulate strategies for mitigating Fund exposure.
• Coordinate development and implementation of bank risk management and surveillance framework to enhance financial soundness and proactive risk management in banking institutions to protect depositors.
• Coordinate the development, implementation, and review of a framework for data and information sharing, and collaboration agreements by financial safety-net players, and strategic and development partners to foster financial stability.
• Supervise, coach, mentor, train, and develop all staff supervised to ensure an efficient and motivated team in the Department.
• Coordinate harnessing, conservation, and dissemination of knowledge and information on Deposit Insurance and prompt resolution.
• Implement policies and strategies for deposit insurance to ensure timely payment of protected deposits and increase the value of deposits covered in the deposit insurance system.
• Implement policies and strategies for providing incentives to commercial and microfinance banks licensed and regulated by Central Bank of Kenya to practice sound Risk Management.
• Implement and review policies, strategies, guidelines, and procedures for effective premium assessment in line with Corporation’s mandate.
• Coordinate implementation and review of policies, strategies, guidelines, and procedures for management and application of the Deposit Insurance Fund to promote public confidence in the financial sector.
• Develop, implement, and review policies, strategies, guidelines, and procedures to define the level and scope of deposit insurance coverage in line with international best practices.
• Develop, implement, and review policies, strategies, guidelines, and procedures to determine the optimal Target Fund size and time frame to achieve the Fund size to meet the Corporation’s mandate.
• Implement policies, strategies, procedures, and guidelines for financial crisis preparedness and management for commercial and microfinance banks licensed and regulated by the Central Bank of Kenya and financial sector regulators in the country.
• Implement training and capacity-building programs on crisis preparedness and management for the Corporation, financial sector regulators, and regional agencies.
• Implementation of policies, strategies, procedures, and guidelines for Resolution Planning of commercial and microfinance banks licensed and regulated by the Central Bank of Kenya and related parties in the country to foster financial stability.
• Implement strategies to leverage innovation, technology, and business process re-engineering in the department to enhance service delivery to stakeholders and address emerging global trends in Deposit Insurance Systems.
• Coordinate development, implementation, and review of the Department’s strategic objectives.
• Coordinate development, implementation, and review of policies, procedures, and strategies for dispute resolution to protect the interests and reputation of the Corporation in the execution of the deposit insurance mandate.
• Establish and strengthen effective collaborations and partnerships with commercial and microfinance banks licensed and regulated by the Central Bank of Kenya, financial safety-net players, strategic and development partners, Government agencies, private sector, and any other relevant stakeholders aimed towards adoption of best practices and the attainment of the Corporation’s mandate of deposit insurance and prompt resolution.
• Implement policies, strategies, guidelines, and procedures for the identification of emerging global trends and risks and offer strategic direction on deposit insurance in the country and regional agencies.
• Implement and review performance management systems to monitor, evaluate, report, and reward performance in line with agreed performance targets and service standards of the Department.
• Coordinate the development, implementation, monitoring, and review of the Department’s annual budgets, annual work plan, annual procurement and disposal plan, annual performance contract, and the Department’s periodic reports.
• Coordinate development, implementation, and review of the Department’s citizen service delivery charter to enhance accountability and transparency in service delivery to stakeholders.
• Coordinate development and implementation of corruption prevention and mitigation strategies in the Department.
• Draft policy proposals on all matters related to Deposit Insurance and resolution of troubled banks to inform advice to Government as appropriate.
• Implement Board resolutions and decisions relating to the department.
• Respond to and implement internal and external audit recommendations for the Department.
• Provide regular reports and updates to Deputy Director on matters related to the Department.
• Appraise the performance of direct reports in the Department.
• Draft position papers on the Corporation’s mandate for the Financial Sector Regulators’ Forum, Financial Sector Crisis Management Committee, and other relevant forums.
• Coordinate change management and business process re-engineering programs in the Department.
• Coordinate the development, implementation, review, and enforcement of effective internal monitoring and control systems to support the Department’s operations.
• Implement public awareness, stakeholder management/engagement, and financial literacy education initiatives to enhance the achievement of the Corporation Mandate.
• Coordinate formulation, implementation, monitoring, and review of the enterprise risk management policy and framework to ensure the Department has robust systems and processes of accountability, risk management, compliance, and business continuity.
• Coordinate resolution of public complaints and processing of requests for access to information from the Department to enhance public confidence in relation to the Corporation’s mandate.
• Coordinate the development, implementation, monitoring, and review of Quality Management Systems, Information Security Management Systems, and other ISO Standards for process improvement and enhanced service delivery in the Department.
• Implement principles of Corporate Governance, relevant national policies, guidelines, and directives in the Department.

Requirements for Appointment:

• At least eight (8) years of relevant work experience, with five (5) years in a managerial role.
• Bachelor’s Degree in Commerce, Finance, Economics, Actuarial Science, Business Information Technology, Business Management, Business Administration, or equivalent.
• A master’s degree in related fields is advantageous.
• Professional qualification in accounting, risk management, actuarial science, financial analysis, or fraud examination is desirable.
• Completion of a management course from a recognized institution is beneficial.
• Proficiency in computer applications.
• Membership in a professional body such as ICPAK, GARP, ICIFA, IRM, CFA, ACFE, PRMIA, IIA, ISACA, CRM, or Actuarial Society.
• Professional qualification in accountancy, risk management, financial analysis, fraud examination, internal audit, information technology, or actuarial science is an asset.

go to method of application »

Duties and Responsibilities:

• Articulate the strategic objectives of efficient and effective receivership, liquidation, and winding up of troubled banks and financial institutions in line with directorate’s goals.
• Execute strategies for take-over and management of all assets, liabilities, and businesses of banks and financial institutions as the sole and exclusive receiver/appointed liquidator.
• Review proposals for payments and ensure timely processing of protected deposits.
• Implement and recommend strategies for timely collection of debts and disposal of the assets for the benefit of depositors and creditors of banks in receivership and financial institutions under liquidation.
• Execute approved resolution strategies to preserve the assets of banks placed in receivership and minimize financial loss.
• Make recommendations for the review of strategies, guidelines, and frameworks for financial crisis preparedness in the country and the region.
• Execute recommendations arising from financial crisis simulation exercises and make recommendations for improvement of the developed frameworks.
• Implement policies, strategies, guidelines, and procedures for an optimal resolution option which minimizes financial loss to the Deposit Insurance Fund.
• Execute developed policies, guidelines, procedures, and frameworks to wind up financial institutions under liquidation.
• Coordinate the implementation of strategies, policies, procedures, and frameworks to guide the management and disposal of subsidiaries and other assets of banks and financial institutions under resolution and wound-up institutions.
• Coordinate the development, implementation, and review of policies, guidelines, procedures, and frameworks for the management of residual assets of wound-up institutions.
• Implement developed policies, guidelines, procedures, and frameworks to ensure the safety of ownership documents of all assets and records of banks in receivership, financial institutions under liquidation, and wound-up financial institutions to facilitate timely realization for the benefit of the depositors, creditors, and the Corporation.
• Review investment proposals to ensure timely investment of funds for banks and financial institutions in receivership and institutions under liquidation in compliance with developed policies, guidelines, and procedures to preserve the value of the banks and increase the pay-out to depositors and creditors.
• Implement developed strategies leveraging on technology and support business process reengineering to enhance service delivery to depositors and creditors of banks in receivership and financial institutions under liquidation.
• Coordinate the maintenance of core banking and other operating systems of banks in receivership and institutions under liquidation for data confidentiality, integrity, and availability.
• Implement approved Alternative Dispute Resolution strategies to enhance loan collections, minimize running costs, and ensure an effective and efficient receivership process and fast-track liquidation process for the benefit of depositors and creditors of banks in receivership and institutions under liquidation.
• Implement recommendations arising from engagements with financial safety-net players, strategic partners, Government agencies, private sector, and any other relevant stakeholders aimed at attaining the Corporations’ Strategic objectives of efficient and effective receivership and liquidation.
• Implement and review developed financial and accounting policies and procedures to ensure compliance with relevant laws and regulations to ensure prudent and optimal utilization of financial resources for banks in receivership and financial Institutions under liquidation.
• Execute developed performance management systems to monitor, evaluate, report, and reward performance in line with agreed performance targets and service standards of the Corporation.
• Supervise, coach, mentor, and facilitate training and development of direct reports to ensure an efficient and motivated team.
• Implement and facilitate the review of risk management policy and framework that ensures the unit has a robust system and processes of accountability, enterprise risk management, and business continuity.
• Coordinate stakeholder management/engagement and financial literacy on receivership process and liquidation process through regular communication to enhance KDIC brand positioning.
• Coordinate management and utilization of all financial and non-financial resources for banks in receivership and wound-up financial institutions.
• Oversee all activities and manage the day-to-day operations for a smooth functioning and efficiency of the unit.
• Arrange for execution, discharge, and release of securities for fully settled debts for banks in receivership and institutions under liquidation.
• Facilitate disposal of assets of fully wound-up institutions.
• Organize for transfer and sign off of assets of fully wound-up institutions to the Corporation for the assigned unit.
• Implement developed policies and procedures to guide the process of collection of witness statements for key court matters for banks in receivership and institutions under liquidation to facilitate recoveries for the benefit of depositors and creditors.
• Manage assets of fully wound-up institutions for the benefit of the Corporation.
• Coordinate implementation and review of frameworks for engagement and evaluation of service providers in furtherance of the directorate’s objective of an increase in debt recovery rate for banks in receivership and institutions under liquidation.
• Provide updates on the implementation of Board resolutions and audit recommendations for the unit.
• Provide regular, thorough, and prompt communication to the unit on key technical, financial, and administrative matters.
• Appraise the direct reports and staff of banks in receivership.
• Review information and data required for presentation to relevant financial sector committees articulating the Corporation’s mandates of receivership, liquidation, and winding.
• Oversee the management of revenue, expenditure, assets, and liabilities of banks in receivership to enhance their liquidity and value preservation and institutions under liquidation to enhance their liquidity and ensure sustainability.
• Ensure adoption and implementation of relevant research findings and best practices relating to banks receivership, liquidation, and winding up processes.
• Oversee the implementation and review of the unit’s commitments in the citizen service delivery charter to enhance accountability and transparency in service delivery to stakeholders.
• Implement approved strategies to prevent and mitigate against the risk of corruption in the unit.
• Resolve public complaints and oversee the processing of requests for access to information to enhance public confidence in relation to the receivership, liquidation, and winding up processes.
• Undertake implementation, monitoring, and review of the annual work plan and annual performance contract for banks in receivership in line with the directorate’s objectives.
• Undertake implementation, monitoring, and review of the unit’s annual work plan and annual performance contract in line with the directorate’s objectives.
• Implement and review Quality Management Systems and other ISO Standards for process improvement and enhanced service delivery in the directorate.
• Oversee investment of the funds held by banks in receivership and institutions under liquidation in the assigned unit.
• Responsible for ensuring the safety of customer deposits for the assigned bank(s) in receivership.
• Responsible for ensuring that the depositors recover funds held in collapsed banks for the assigned unit.
• Responsible for the collection of loans and other debts for the assigned bank(s) in receivership and Institutions under liquidation.
• Coordinate implementation of departmental budgets and annual work plans, operation plans for banks in receivership, Institutions under liquidation, and budgets of the subsidiaries.
• Transfer surplus funds for wound-up institutions to the Deposit Insurance Fund.

Requirements for Appointment:

• Minimum eight (8) years of relevant work experience, including five (5) years in a managerial role.
• Bachelor’s degree in Commerce, Banking, Finance, Economics, Business Administration, or equivalent.
• Master’s degree in relevant fields is advantageous.
• Completion of a management course is beneficial.
• Membership in a relevant professional body.
• Compliance with Chapter Six of the Constitution of Kenya 2010.

go to method of application »

Duties and Responsibilities:

• Undertake activities outlined in the directorate’s strategies to pursue parties that are identified as culpable for the failure of the banks.
• Coordinate allocated investigations assignments to ensure that insiders, related parties, and professional service providers acting for the failed bank are appropriately investigated for wrongdoing and for possible culpability in a bank failure.
• Implement agreed action plans as outlined in the Corporation’s asset tracing strategies to ensure traced assets for banks in receivership and Institutions under liquidation are properly preserved and protected from loss.
• Review Investigation reports to ensure as culpable parties for bank failures are subjected to sanctions and/or redress.
• Implement agreed action plans to pursue professional disciplinary measures, criminal proceedings, and civil proceedings for damages against directors, professional service providers, and other insiders in a failed bank to aid recoveries for the benefit of depositors and creditors.
• Provide logistical support to ensure the safety of physical assets of banks in receivership and Institutions under liquidation.
• Compile and Consolidate reports for investigations carried out to establish the economic worth of debtors for banks in receivership and institutions under liquidation to aid in timely collection debts for the benefit of depositors and creditors.
• Coordinate engagements with other investigative arms of the government, security agencies, and other relevant stakeholders in order to achieve the Corporations’ Strategic objectives of efficient and effective receivership and liquidation.
• Review the quality of the evidence collected for the assigned civil suit cases for comprehensiveness to support court claims.
• Provide logistical support to security agencies & services providers engaged during takeover of assets and liabilities of a distressed bank placed in receivership.
• Consolidate and compile Financial Investigation reports submitted to ensure completeness and aid in debts collection for banks in receivership and Institutions under liquidation.
• Undertake assigned activities to ensure the timely collection of witness statements for key court matters for banks in receivership and institutions under liquidation to facilitate recoveries for the benefit of depositors and creditors.
• Compile and consolidate of asset tracing investigations reports to facilitate timely preservation and minimize the risk of loss for the benefit of depositors and creditors of the respective bank in receivership and institutions under liquidation.
• Attend court cases and give testimonies for the assigned cases arising from the Investigations undertaken by the unit.
• Consolidate and compile information required by other government agencies in carrying out investigations and security operations to secure assets of banks in receivership and Institutions under liquidation.
• Compile and Consolidate investigations reports required to support Alternative Dispute Resolution initiatives to enhance loan collection, ensure effective and efficient receivership process and fast-track liquidation process for the benefit of depositors and creditors of banks in receivership and institutions under liquidation.
• Consolidate information required to resolve public complaints and processing of requests for access to information to enhance public confidence in relation to the receivership and liquidation processes.
• Generate information required to provide updates on the implementation of Board resolutions and audit recommendations for the unit.
• Provide information to facilitate preparation and review of the unit’s annual work plan and annual performance contract in line with the directorate’s objectives.

Requirements for Appointment:

• Minimum eight (8) years of relevant work experience, with five (5) years in a managerial role.
• Bachelor’s degree in Criminology, Law, Political Science, Social Sciences, or equivalent.
• Master’s degree in relevant fields is advantageous.
• Completion of a management course is beneficial.
• Certification in fraud examination or equivalent professional qualification.
• Compliance with Chapter Six of the Constitution of Kenya 2010.

go to method of application »

Duties and responsibilities:

• Coordinating drawing and vetting of Contracts, agreements, and other legal documents/instruments;
• Initiating preparation of legal advisory including opinions;
• Developing/ reviewing legal policies, instruments, codes, regulations, rules, guidelines, strategies, and procedures to ensure that they are in accord with the existing legislation;
• Coordinating litigation and ADR strategies;
• Undertaking legal research;
• Advising the Board on the legislation that affects the Board and amendments thereof;
• Monitoring compliance with Constitutional, legal, and regulatory requirements;
• Providing day-to-day legal and regulatory support to the functional areas on general compliance and reviews;
• Coordinating external lawyers on compliance with litigation strategy and case management;
• Establishing and maintaining the Securities Register for the custody and maintenance of securities, bonds, or other proprietary instruments resulting from transactional activities;
• Monitoring contractual and statutory obligations;
• Developing and maintaining a record of all enforcement and compliance assignments undertaken and develop legal accountability structures in relation to enforcement assignments;
• Establishing and managing Register of Legal Universe, Codes, Regulations, Rules, and Guidelines;
• Conducting legal and regulatory risk management extension services to the Partners and other stakeholders for consistency in application and compliance;
• Facilitating Legal Compliance Audits;
• Championing conducting of Legal Due Diligence on all prospective contractual third parties;
• Coordinating with the functional areas in relation to various legal compliance requirements;
• Providing timely legal advice to assist in making informed decisions;
• Initiating the drafting of Contracts, Agreements, and MOUs and monitoring amendments and performance;
• Initiating the enactment of the legislation proposed by the institution;
• Preparing Board Papers for efficient and productive Board deliberations;
• Formulating and reviewing governance policies;
• Implementing the findings and recommendations of legal audit and legal governance;
• Preparing and submitting reports on corporate governance to relevant bodies for ascertaining compliance;
• Coordinating all Board logistical activities;
• Preparing and monitoring compliance with the Board annual workplan.

Requirements for Appointment:

• Minimum ten (10) years of relevant work experience, with five (5) years in a management role.
• Bachelor of Law (LLB) from a recognized university.
• Postgraduate Diploma in Law from the Kenya School of Law.
• Master’s degree in Law, Business Administration, Public Administration, or related field is advantageous.
• Admitted as an Advocate of the High Court of Kenya.
• Registered as a Certified Secretary is advantageous.
• Completion of a leadership course from a recognized institution is beneficial.
• Possession of a valid Practicing Certificate.
• Membership in good standing of the Law Society of Kenya.
• Membership in good standing of the Institute of Certified Secretaries is advantageous.
• Proficiency in computer applications.
• Compliance with Chapter Six of the Constitution of Kenya 2010.

go to method of application »

Duties and Responsibilities of the job holder entail:

• Coordinate the formulation, implementation, and review of the Procurement Strategy and Plan in line with the existing laws and accompanying regulations to realize the set corporate strategic objectives and goals.
• Organize the development, implementation, and review of procurement policies and procedures to ensure the Corporation achieves its strategic objectives.
• Direct the establishment, implementation, and review of Procurement documentation and reporting systems to ensure efficiency in the management of Supply Chain Management function.
• Steer good practices on supply chain matters for compliance with relevant legislations, processes, and procedures by the Corporation.
• Manage the procurement and contract implementation in the Corporation.
• Manage all stakeholders in the supply chain by providing advice and responding to all procurement related matters as well as maintain a positive relationship to enhance and improve service delivery.
• Formulation of appropriate internal controls to Identify, monitor and mitigate strategic risks in the supply chain.
• Development and implementation of an inventory control and stores management system at the Corporation to ensure value for money.
• Coordinate the preparation, implementation, and review of the Corporation’s Annual Procurement and Disposal Plan in line with the Corporation’s fiduciary responsibilities.
• Coordinate the development, implementation, and review of the requisite framework on asset disposal process of Corporation and banks/financial institutions in liquidation.
• Organize market research and survey initiatives to identify sources of supply and ensure value for money.
• Coordinate the development of procurement reports in line with the Public Procurement & Disposal Act, 2015.
• Create and manage an internal control system to safeguard and ensure the validity of the tender security, performance security, and professional indemnity certificates.
• Create initiatives to foster creativity, innovation, and adoption of technology in supply chain management in the Corporation.
• Coordinate with the relevant Government agencies on all matters relating to procurement and asset disposal on behalf of the Corporation.
• Initiate the advertisement of tenders, evaluation process, and provide a professional opinion to the Chief Executive Officer for decision making on the procurement or asset disposal proceedings.
• Organize the issuance of clarifications to bidders, addendums, and any amendments to tender documents and publication within the required timelines.
• Organize the sensitization of Supply Chain Management stakeholders on the Public Procurement regulations and trends to ensure compliance.
• Coordinate the development and implementation of departmental annual budgets, work plans, and procurement plan.
• Conduct the appraisal of officers within the Section at the Supply Chain Management department.
• Plan the negotiations with suppliers to ensure the Corporation achieves value for money.
• Implement the Quality Management System and other ISO systems in the department.
• Coordinate the development, implementation, and review of the Corporation’s annual procurement plan in line with the approved budget.
• Coordinate the preparation and review of purchase orders for goods, works, and services procured.
• Coordinate the development and implementation of an efficient procurement system to ensure conformance with best practices and ensure compliance with regulatory framework.
• Coordinate the development and implementation of the Corporation’s annual procurement disposal plans and strategies.
• Coordinate inspection and acceptance of goods and services received and prepare a report.
• Provide input into the development of innovative procurement and stores guidelines and manuals to streamline, standardize and ensure the integrity of procurement and asset disposal processes.
• Provides input into the departmental work plans and compile budget estimates to inform the departmental planning process.
• Identification and evaluation of risks and implications of the departmental activities.

Requirements for Appointment:

• Minimum ten (10) years of work experience, with five (5) years at the management level.
• Bachelor’s degree in Procurement, Business Administration, Management, or equivalent.
• Master’s degree in Procurement, Business Administration, or equivalent is advantageous.
• Completion of a leadership course is advantageous.
• Membership of KISM or CIPS in good standing.
• Possession of a valid Supplies Practitioners License.
• Professional qualification from recognized institutions.
• Proficiency in Computer Applications.
• Compliance with Chapter 6 of the Constitution of Kenya 2010.

go to method of application »

Duties and Responsibilities:

Duties and responsibilities will entail:

• Leading the development, implementation, and evaluation of Corporation’s customer engagement plans, programs, and initiatives in line with the KDIC Strategic Plans and set annual Performance Contracting.
• Overseeing the formulation, implementation, and review of the Organization’s corporate, stakeholders’, and departmental policies.
• Overseeing the provision of efficient service delivery in line with the KDIC Citizen Service Delivery Charter.
• Overseeing the development, implementation, and periodic review of the KDIC Citizen Service Delivery Charter and Service Level Agreements for efficient service delivery for consistent customer experience.
• Spearheading resolution of customer complaints lodged through the Commission on Administrative Justice (Office of the Ombudsman), compiling, and submitting the periodic reports to the Office of the Ombudsman.
• Establishing and maintaining proactive constructive and cooperative working relationships with internal and external stakeholders to ensure seamless service delivery at the customer touchpoints.
• Overseeing the formulation, implementation, and monitoring of Service Quality Assurance framework across the organization to streamline service quality management.
• Leading the conceptualization, planning, and implementation of corporate communication and public relations strategies.
• Overseeing the management of annual events to promote smooth stakeholder engagement and publicize activities of the institution including stakeholder engagement forums and initiatives.
• Spearheading the development, packaging, and production of communication briefs and publications for internal and external use.
• Spearheading all the media campaign engagements for the institution in liaison with respective departments to drive brand visibility and uptake of the institution's products and services.
• Oversee tracking and monitoring of the institution's media mentions to promote a favorable media tonality.
• Overseeing all internal and external communication for the institution to ensure information consistency.
• Overseeing the implementation of data-driven service improvement initiatives to enhance efficient customer service delivery.
• Spearheading the organization’s Corporate Social Investment and Sustainability Agenda.
• Overseeing closure of audit issues and adherence to enterprise risk management for compliance.
• Driving the department’s Business Continuity Management activities to ensure human and other departmental assets are protected for continuity of operations.
• Overseeing the preparation, utilization, and monitoring of the departmental budget.
• Overseeing the preparation and submission of all periodic and ad hoc reports for the department geared towards informed decision making.

Requirements for Appointment:

• Minimum ten (10) years of work experience, with at least five (5) years in management.
• Bachelor’s degree in Communications, Journalism, Public Relations, or equivalent from a recognized institution.
• Master’s Degree in Communications, Journalism, Public Relations, or equivalent is advantageous.
• Completion of a leadership course from a recognized institution is advantageous.
• Professional qualification in journalism, mass communication, media studies, or equivalent from a recognized institution.
• Membership to Public Relations Society of Kenya (PRSK) in good standing or equivalent.
• Proficiency in Computer Applications.
• Compliance with Chapter 6 of the Constitution of Kenya 2010.

go to method of application »

Duties and responsibilities will entail:

• Development and implementation financial and accounting policies in the department.
• Coordinating the planning and control of institution’s financial resources through formulation of expenditure and revenues estimates.
• Coordinate the formulation, implementation, monitoring and review of the institutional annual budget.
• Coordinating the management of records and reporting of financial operations of the institution, devolved units and diaspora operations.
• Coordinating the implementation of enterprise risk and information security management framework.
• Directing the establishment and implementation of financial reporting systems.
• Spearheading formulation of policies and strategies on financial management, internal controls, treasury management.
• Coordinating the preparation of the corporate annual budget.
• Coordinating the implementation of financial plans for the Institution.
• Overseeing the accounting for departmental assets.
• Coordinating the internal and external audits.
• Coordinating the development of performance management system in the Department.
• Coordinating, execution and evaluation of the annual departmental work plans and budgets.
• Coordinating the Implementation of sound financial management practices.
• Coordinating collaborations and partnerships with financial institutions for management of institutions funds and sponsorship.
• Providing professional advice on all Financial Strategic Planning issues and supporting strategic initiatives.
• Directing treasury Management function as guided by The National Treasury.
• Coordinating the development of the department’s Quality Management Systems (QMS).
• Coordinating implementation of departmental financial/cost management framework.
• Coordinating the implementation of financial and tax management strategies.
• Directing compliance with applicable financial statutory obligation and circulars.
• Coordinating investment of funds.
• Coordinating the processing of all financial transactions.
• Coordinating the management of Accounts receivable & payables and monitoring the overall financial performance.
• Coordinating Management function as guided by investment policy.
• Coordinating financial operations for optimal working capital, liquidity and effective asset management.
• Coordinating timely and accurate bank reconciliations for all the institutions bank accounts.
• Coordinating compliance with tax and other statutory regulations.
• Coordinating the submission of the Annual Report & Financial statements to the Auditor General for audit.
• Providing leadership on all matters pertaining to prudent financial management and financial matters.
• Maintaining liaison with relevant Government departments for consultation on financial matters.
• Participating in the KDIC strategic planning process.

Requirements for Appointment:

• A minimum period of ten (10) years in relevant work experience and at least five (5) years in a management position.
• Master’s degree in Finance, Accounts, Economics, Business Administration or any other related qualifications is an added advantage.
• Bachelor’s degree in Finance, Accounts, Economics, Business Administration or any other related field.
• Leadership course from a recognized institution is an added advantage.
• Certified Public Accountant of Kenya (CPA K) or its equivalent.
• Membership of the Institute of Certified Public Accountants [ICPAK] or its equivalent and in good standing.
• Proficiency in Computer applications.
• Fulfil the requirements of Chapter 6 of the Constitution of Kenya 2010.