Senior Analyst, Market Conduct and Compliance at Central Bank of Kenya

Job Purpose

The Role holder will be responsible for drafting of policies and guidelines for market conduct for institutions licensed by CBK and drafting advisories on compliance issues.

Key Duties and Responsibilities

Strategic Responsibilities

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

Technical and Operational Responsibilities

• Conduct research as guided by the line manager and take part in drafting the legal and regulatory frameworks for Commercial Banks, Forex Bureaus, Microfinance Institutions, Credit Reference Bureaus, Money Remittance Providers and Building Societies.
• Responsible for following up on negotiations for Memorandum of Understanding for supervisory co-operation and information exchange with other national, regional and international regulators.
• Draft AML/CFT status reports for the Eastern and Southern Africa Anti-Money Laundering Group (ESAAMLG) and the Financial Action Task Force (FATF) as per the expected guidelines.
• Responsible for logistical arrangements for internal and external consultative forums and obtain feedback on Market Conduct and AML/CFT framework implementation from various entities and draft comprehensive policy/ frameworks as required.
• Support in the follow up of implementation of AML/CFT and Market Conduct related recommendations from collaborations with domestic and international financial regulators regional and international financial inclusion initiatives/ organisations and development partners.
• Draft the requisite Market Conduct and AML/CFT policy implementation reports.
• Responsible for taking part in the function’s initiatives and training/awareness sessions as required.
• Adherence to Bank policies, procedures, guidelines and related legislations.
• Any other duties assigned by the supervisor.

Qualifications

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

Work Experience

• At least three (3) years post qualification experience in prudential/bank supervision, financial analysis, auditing, accounting, commercial banking operations.

Competencies

Technical Competencies

• Good understanding of internationally accepted best practices for effective bank supervision and their application in supervision design and implementation.
• Broad knowledge of banking operations and processes as well as the banks products.
• Good analytical and conceptual skills- Ability to challenge status quo based on quantitative facts and impacts.
• Good understanding of bank supervision policy and regulatory frameworks – having an understanding of banks’ supervision policy and regulatory framework.
• Project management skills - ability to plan and execute on assigned tasks.
• Strong communication and presentation skills including ability to write reports.
• Financial data collection - Ability to extract and provide financial information necessary for internal decision-making purposes.

Behavioral / General Competencies

• Interpersonal skills- create rapport with others and develops effective communication and team spirit with colleagues.
• Leadership and management- takes responsibility for assigned tasks and has the ability to work in a high performing team.
• Personal Motivation and Drive- commits self to work hard towards goals. Shows enthusiasm and career commitment.
• Adaptability/Flexibility - ability and willingness to be flexible, to adapt to and work effectively within a variety of changing situations and with various individuals and groups.
• Professionalism– maintains a professional approach based on ethics and CBK values.
• Resilience –is able to withstand strategic and operational challenges and maintain momentum.
• Emotional Intelligence- manages emotions in a mature and composed manner.