Job Purpose
The role holder will be
responsible for the development and review of regulatory frameworks for
financial inclusion for institutions licensed by CBK and advising on emerging
innovations. He/She will also be responsible for working effectively as part of
the team to deliver on the Key Result Areas and demonstrate competencies of
his/her role.
Key Duties and Responsibilities
Strategic Responsibilities
- Advise on review and development of
financial inclusion legal and regulatory frameworks for institutions
licensed by CBK and advice on emerging innovations.
- Contribute as appropriate to the
performance of other functions and to the overall achievement of the
Bank’s strategic objectives.
Technical and Operational Responsibilities
- Develop financial inclusion
policy/guideline/regulations as required for banks and other regulated
entities.
- To research and advise on emerging
innovations including but not limited to disruptive technology and make
actionable recommendations.
- Co-ordinate the development of a
regulatory impact assessment framework to assess the impact of legal and
regulatory reforms initiated to enhance financial inclusion and
innovation.
- Convene internal and external
consultative forums and obtain feedback on financial inclusion and
innovation policy implementation from various entities and draft
comprehensive policy/ frameworks as required.
- Monitor implementation of financial
inclusion and innovation related recommendations from collaborations with
domestic and international financial regulators, regional and
international organisations and development partners.
- Provide Secretariat support for CBK’s
participation/membership in national, regional and international financial
inclusion and innovation initiatives/organisations.
- Review applications for licenses for
non-banks including carrying out the vetting of significant shareholders
and proposed directors in accordance with existing laws, regulations and
guidelines.
- Ensure that the CBK website and other
channels are updated on approval of new licenses for Non-Banks.
- Oversee drafting and issuance of Banking
Sector Annual Innovation Survey by end of March following the year end.
- Oversee drafting and issuance of
Bi-Annual Survey on MSME Access to Bank Credit by end of March following
the year end.
- Provide the requisite financial inclusion
and innovation policy implementation reports within set timelines.
- Report on emerging challenges and market
dynamism.
- Develop, train, coach, motivate and
evaluate functional staff to achieve highest levels of performance.
- Ensure adherence to Bank policies,
procedures, guidelines and related legislations.
- Responsible for succession management and
resource management to ensure effective performance.
- Any other assigned duties and
responsibilities by the Supervisor.
Qualifications
- Bachelor’s Degree in Management,
Economics, ICT, Project Management, Engineering, Insurance, Law, Finance
or related discipline from a reputable institution.
- Master’s in Business Administration,
Finance, ICT, Project Management, Engineering, Accounting, Economics, Law
or related discipline is an added advantage.
- Professional qualification(s) in
accounting, finance, ICT, Project Management banking or related discipline
is an added advantage.
Work Experience
- At least six (6) years’ post
qualification experience in Prudential/Bank Supervision, ICT, Engineering,
Project Management, Financial Analysis, Auditing, Accounting, Commercial
Banking Operations and any other relevant area with at least two (2) years
in a supervisory capacity.
How to Apply
