Job Purpose

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

Key Duties and Responsibilities

Strategic Responsibilities

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

Technical and Operational Responsibilities

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

Qualifications

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

Work Experience

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

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

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