Job Purpose

The Role holder will be responsible for the development and implementation of the data and 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 demonstrate the competencies of his/her role.

Key Duties and Responsibilities

Strategic Responsibilities

• Advise on the development and execution of the data and analytics and regulatory and supervisory technology strategies for institutions licensed by CBK.
• Contributes as appropriate to the performance of other functions and the overall achievement of the Bank’s strategic objectives.

Technical and Operational Responsibilities

• Define and execute the Data and Analytics Strategy to continuously monitor and analyze the financial soundness of regulated institutions.
• Oversee the development of a strategy to leverage technology to enhance bank supervision processes including but not limited to Regulatory Technology (RegTech) and Supervisory Technology (Suptech).
• Leverage data insights from regulated institutions to oversee the building of models, insightful automated reports, and business intelligent tools such as dashboards and scorecards and make proactive recommendations to surveillance teams.
• Manage offsite data submission of licensed institutions and reporting thereof.
• Oversee the processing of data and requisite reports within set timelines.
• Support the Surveillance teams in conducting ICT audits of banks using emerging techniques including but not limited to vulnerability assessment, penetration testing, and data mining.
• Oversee the review of cyber security frameworks for regulated institutions and advise the Surveillance teams and management accordingly.
• Oversee the management of cyber security incident reporting for regulated institutions.
• Proactive and timely response to emerging challenges and market dynamism.
• Implementing the Departmental Risk Management Framework including Business Continuity and Disaster Recovery Plans.
• Efficient management of the registry function and the coordination of administrative issues in the Department.
• Develop, train, coach, motivate, and evaluate functional staff to achieve the highest performance levels.

Qualifications

• Bachelor’s degree in Mathematics, Actuarial Science, Statistics, Engineering, Data Science, Computer Science, Economics, Finance or related discipline from a reputable institution.
• Masters in Business Administration, Finance, ICT, Project Management, Engineering, Accounting, Economics, Law or related discipline is an added advantage.
• Professional qualification(s) in actuarial science, statistics, accounting, finance, ICT, Project Management banking or related discipline is an added advantage.

Work Experience

• At least eight (8) 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 three (3) years in a supervisory capacity.

Competencies

Technical Competencies

• Good understanding of internationally accepted best practices for effective bank supervision and their application in supervision design and implementation.
• Good understanding of bank supervision policy and regulatory frameworks- – having a clear understanding of banks’ supervision policy and regulatory framework
• Strong communication and presentation skills including the ability to develop proposals, concept papers, position papers, write reports, and prepare relevant publications.
• Good analytical and conceptual skills – Ability to critically examine and analyze information on institutions and provide the necessary analytical insights for internal decision-making purposes.
• Strategic outlook – ability to demonstrate a broad-based view of issues affecting financial institutions and develop and implement policies aimed at ensuring financial stability.
• Project Management- Good understanding of leading cross-functional implementation projects for data mining, warehousing, and information architecture and governance design.
• General Business Competencies
• Planning and organization – Effectively use diverse talents, technology, and resources to deliver within agreed parameters.
• Organisation, Market & regulatory knowledge – Ability to research industry trends, anticipate issues, critique and identify improvement opportunities within the Industry, and propose new initiatives for CBK.
• Quality orientation – Seek out opportunities to improve processes, outcomes, and products within the function.
• Stakeholder and conflict management – Cultivate and manage a range of relationships and key strategic alliances with internal and external stakeholders to ensure assignments, projects, and programs will deliver the agreed objectives.
• Project management – Ability to establish the organizational structure and coordinating mechanisms (e.g. steering group/project team), for a complex project or program.

Behavioral Competencies

• Leadership – Ability to motivate, influence, and 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.
• Decision Making – Ability to go through a thought process of selecting the logical choice out of a set of options within a reasonable amount of time.
• Professionalism, work ethic & integrity – Ability to convey the level of excellence and competence that is expected. Define, communicate, and consistently exemplify the Bank’s values and ethics.
• Collaboration and teamwork – Ability to work collaboratively within a group of people to achieve a common goal. Support team members to make decisions independently and take the lead in their area of expertise –
• Accountability and professional development – Lead initiative/s or action/s towards the achievement of the department/Company-wide goals/ mission.
• Creativity and innovation – Promote an environment that encourages creative thinking, and innovation within the ambits of existing rules/guidelines.
• Digital mindset – 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.
• Risk awareness and focus – Ability to forecast and evaluate all forms of risks together with the identification of procedures to avoid or minimize their impact.
• Customer focus – Establish service standards and develop strategies to ensure that the same are met.
• Emotional Intelligence – manages emotions in a mature and composed manner as expected of a leader.
• Highly analytical and able to challenge the status quo based on quantitative facts and impacts.