The job holder will be responsible for the implementation of the data analytics and regulatory and supervisory technology strategy for institutions licensed by CBK. He/She will also be responsible for working effectively as part of the team to deliver on the Key Result Areas and demonstrates competencies of his/her role.
Key Duties and Responsibilities
Strategic Responsibilities
1. Contribute as appropriate to the performance of other functions and to the overall achievement of the Department’s and Bank’s strategic objectives.
Technical and Operational Responsibilities
2. Execute the Data and Analytics Strategy to continuously monitor and analyse financial soundness of regulated institutions.
3. Conduct research on the development of a strategy to leverage on technology to enhance bank supervision processes including but not limited to Regulatory Technology (RegTech) and Supervisory Technology (Suptech) as guided by the Line Manager.
4. Building of models, insightful automated reports, and business intelligent tools such as dashboards and scorecards to enhance effectiveness of the role.
5. Follow up on accuracy and timeliness of offsite data submission of licensed institutions and share updates with Line Manager.
6. Process data and produce the requisite reports within set timelines.
7. Conduct ICT audits of banks using emerging techniques including but not limited to vulnerability assessment, penetration testing and data mining.
8. Review of cyber security frameworks for regulated institutions.
9. Receive and analyse cyber security incident reports from regulated institutions.
10. Arrange for testing and updates of the Departmental Risk Management Framework including Business Continuity and Disaster Recovery Plans.
11. Assist in the management of the registry function and administrative duties in the Department.
12. Develop, train, coach, motivate and evaluate functional staff to achieve highest levels of performance.
13. Preparations of ad hoc and periodic reports on activities related to the role and share with the supervisor in a timely manner.
14. Coordinate with stakeholders.
15. Ensure adherence to Bank policies, procedures, guidelines, and related legislations.
16. Responsible for succession management and resource management to ensure effective performance.
17. Any other duties and responsibilities as may be assigned by the Supervisor.
Qualifications
1. Bachelor’s Degree in Mathematics, Actuarial Science, Statistics, Engineering, Data Science, Computer Science, Economics, Finance, or related discipline from a reputable institution.
2. Master’s in Business Administration, Finance, ICT, Project Management, Engineering, Accounting, Economics, Law, or related discipline is an added advantage.
3. Professional qualification(s) in actuarial science, statistics, 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, statistics, actuarial science, financial analysis, auditing, accounting, commercial banking operations and any other relevant area with at least two (2) year in a supervisory capacity.
Competencies
Technical Competencies
Knowledge and Experience:
1. Good understanding of internationally accepted best practices for effective bank supervision and their application in supervision design and implementation.
2. Good understanding of bank supervision policy and regulatory frameworks – having a clear understanding of banks’ supervision policy and regulatory framework.
3. Strong communication and presentation skills including ability to develop proposals, concept papers, position papers as well as write reports and prepare relevant publications.
4. Broad knowledge of banking operations and processes as well as the banks products.
5. Financial data collection- Ability to extract and provide financial information necessary for decision-making purposes.
6. Project Management-ability to plan and execute on assigned tasks.
Behavioral / General Competencies
1. Leadership and people management including performance management, coaching & mentoring – Ability to motivate, influence staff to act towards achieving a common goal. Create and articulate a vision, inspiring others to work towards achieving the vision and providing developmental and stretching opportunities to staff – in line with skills, abilities, and experience.
2. Planning and organization – Ability to organize work, set priorities, and determine resource requirements; determine short or long-term goals and strategies to achieve them; coordinate with other stakeholders or part of the organization to accomplish goals.
3. Quality orientation – Ability to check work to ensure accuracy. Adopt a disciplined approach to work and drive for closure, results, and success.
4. Communication and information sharing -Ability to express information clearly and succinctly, orally and in writing, considering the audience and the nature of the information.
5. Professionalism, work ethic and integrity – Ability to convey a high level of excellence and competence on delivery of duty.
6. Critical and analytical thinking and problem-solving skills- ability to understand issues from multiple perspectives/layers and take account of the wider business context when crafting solutions.
7. Risk management- ability to identify departmental risks and develop mitigating measures.
8. Collaboration and teamwork – Ability to work collaboratively within a group of people to achieve a common goal; Support team members to take decisions independently and take the lead in their area of expertise.
9. Accountability and professional development – Ability to take and accept responsibility and outcome thereof in an open and transparent manner.
10. Customer focus – Ability to demonstrate concern for the expectations of customers and prioritize them as well as convey realistic expectations to both internal and external customers.
11. Resilience – Ability to withstand operational challenges and maintain momentum.
12. Decision making – the ability to make better decisions, as defined by decision-making principles posited by models of rational choice.
13. Emotional Intelligence -manages emotions in a mature and composed manner as expected of staff.
14. Analytical –highly analytical and ability to challenge status quo based on quantitative facts and impacts.
15. Digital mind-set – Ability to recognize the importance and impact of technology on the ways of working and integrate technology in the day-to-day job to achieve efficiency, quality, and productivity in the function.
16. Creativity and innovation – Promote an environment that encourages creative thinking, and innovation within the ambits of existing rules/guidelines.
Candidates are requested to note that:
- INCOMPLETE applications will not be considered.
- Only shortlisted candidates will be contacted.