Background information about the job or company (e.g., role context, company overview)

The Central Bank of Kenya is a public institution established under Article 231 of the Constitution of Kenya, 2010. The Bank is responsible for formulating monetary policy to achieve and maintain price stability and issuing currency. Pursuant to the CBK Act, the Central Bank promotes financial stability through regulation, supervision and licensing of fin...

Responsibilities or duties

The role holder assists the Head of Regional Payments and Office Administration in overseeing the implementation of regional payments initiatives to achieve integration of regional payment systems, coordinate the development and implementation of NPS strategic plan, NPS budget, and the general administration of NPS office, in support of the overall Bank’s mandate.

Key Duties and Responsibilities

Strategic Responsibilities

• Assist to coordinate the development of National Payments Systems (NPS) strategic plan and monitor the implementation of the strategic initiatives through monthly and quarterly reporting of the status.
• Assist in coordinating the development of NPS annual budgets and its implementation through monthly, quarterly and annual reporting.
• Assist to coordinate the implementation and response to strategic regional initiatives for East African Community (EAC0, Common Market for East and Southern Africa (COMESA) regions and the Association of African Central Banks (AACB).
• Coordinate and report on the status of implementation of Monetary Affairs Committee (MAC) directives related to payment systems and report on the status on a quarterly basis.

Technical and Operational Responsibilities

• Oversee the performance of the two regional payments systems, the East African Payment System (EAPS) and the Regional Electronic Payment and Settlement System (REPSS) and report on their performance to the relevant regional oversight bodies i.e. MAC and COMESA Committee of Governors for EAPS and REPSS respectively.
• Monitor the implementation of Bank projects funded by development partners.
• Coordinate the preparation of NPS annual budget and monitor its execution through procurement plans and monthly variance reports.
• Supervise the use of office equipment in liaison with ITD and GSD.
• Coordinate review of the NPS operations manual.
• Coordinate implementation of performance management framework in NPS.
• Oversee the operations of NPS Records and Registry.

Other Responsibilities

• Coordinate induction and placement of new staff in the Division.
• Coordinate the management of NPS supplies from central stores.
• Mentor, coach and mobilize the Regional Issues and Admin team to achieve planned objectives.
• Coordinate the training matters of staff in PSO in liaison with HR to ensure that training needs assessment is carried out and equitable distribution of training opportunities.

Qualifications or requirements (e.g., education, skills)

• Bachelor’s degree in Economics, Banking, Accounting, Finance, Business Administration, Insurance, Law, Mathematics, Computer Science or related field of study.
• Professional qualifications in Banking, Accounting, Finance, Risk Management, or related field of study is an added advantage.

Experience needed

• Not less than eight (8) years’ work experience in Payments & Banking Operations, Financial Services, Economics, Accounting or similar operations, with four (4) years in a supervisory capacity.

• Assist to coordinate the development of National Payments Systems (NPS) strategic plan and monitor the implementation of the strategic initiatives through monthly and quarterly reporting of the status.
• Assist in coordinating the development of NPS annual budgets and its implementation through monthly, quarterly and annual reporting.
• Assist to coordinate the implementation and response to strategic regional initiatives for East African Community (EAC0, Common Market for East and Southern Africa (COMESA) regions and the Association of African Central Banks (AACB).
• Coordinate and report on the status of implementation of Monetary Affairs Committee (MAC) directives related to payment systems and report on the status on a quarterly basis.
• Oversee the performance of the two regional payments systems, the East African Payment System (EAPS) and the Regional Electronic Payment and Settlement System (REPSS) and report on their performance to the relevant regional oversight bodies i.e. MAC and COMESA Committee of Governors for EAPS and REPSS respectively.
• Monitor the implementation of Bank projects funded by development partners.
• Coordinate the preparation of NPS annual budget and monitor its execution through procurement plans and monthly variance reports.
• Supervise the use of office equipment in liaison with ITD and GSD.
• Coordinate review of the NPS operations manual.
• Coordinate implementation of performance management framework in NPS.
• Oversee the operations of NPS Records and Registry.
• Coordinate induction and placement of new staff in the Division.
• Coordinate the management of NPS supplies from central stores.
• Mentor, coach and mobilize the Regional Issues and Admin team to achieve planned objectives.
• Coordinate the training matters of staff in PSO in liaison with HR to ensure that training needs assessment is carried out and equitable distribution of training opportunities.

• Bachelor’s degree in Economics, Banking, Accounting, Finance, Business Administration, Insurance, Law, Mathematics, Computer Science or related field of study.
• Professional qualifications in Banking, Accounting, Finance, Risk Management, or related field of study is an added advantage.