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Manager, Liquidity Management And Data Analysis, Financial Institutions Operations (Manager 1) At Central Bank Of Kenya

Novotel

Hotels & Restaurants full time Nairobi Posted 16 hours ago

From KES 2,010

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 financial institutions under its mandate. The Bank also provides oversight of payment, clearing and settlement systems. All these efforts are geared towards fostering liquidity, solvency and proper functioning of the financial system. The Bank also formulates and implements foreign exchange policy and manages foreign exchange reserves. CBK is the banker for, adviser to, and fiscal agent of the Government. In discharging its mandate, the Central Bank contributes to the country’s economic development and growth, and promotes the interest of the public. The Bank strives to carry out its statutory mandate effectively and efficiently guided by the principles of integrity and transparency.Job Purpose The Manager, Liquidity Management and Data Analysis, Financial Institutions Operations role is to ensure provision of efficient and effective high-quality services, in line with laid down procedures and guidelines to contribute as appropriate to the performance of the Bank’s objective of Banker to financial institutions and ensuring a stable financial system. Key Duties and Responsibilities Strategic Responsibilities Contributes to the achievement of the Department’s and the Bank’s strategic objectives by developing and implementing strategies that enhance the efficiency, accuracy, and effectiveness of liquidity management and data analytics. Provides strategic input into policy formulation within the Banking Services Division to strengthen the Bank’s role as banker to financial institutions, to ensure operational excellence, effective mandate delivery, and adherence to institutional values. Technical and Operational Responsibilities Oversee daily monitoring of banking sector liquidity, including reserve positions, settlement balances, and interbank market activity, ensuring alignment with monetary policy objectives and financial stability. Supervise administration of the Cash Reserve Requirement (CRR) framework, ensuring accuracy in daily monitoring, trend analysis, and compliance reporting. Manage and authorize liquidity support facilities—including the Intraday Liquidity Facility (ILF), Overnight Lending Facility (OLF), and Emergency Liquidity Assistance (ELA)—to ensure timely provision, repayment, and effective risk control. Facilitate conversion of ILFs to Overnight Loans (OLFs) during liquidity distress scenarios, confirm updates to the CBK Discount Window Rate in line with MPC decisions, and ensure accurate updates of the Central Bank Rate (CBR) and Discount Window Rate on the CBK website. Oversee implementation of both short-term and long-term liquidity interventions guided by CBK Management, regulatory frameworks, and prevailing market conditions.  Oversee preparation of daily, weekly, and monthly liquidity reports for Senior Management and the Financial Stability Committee (FSC). Develop and maintain analytical dashboards and statistical models to identify liquidity trends, stress points, and systemic risks. Ensure timely publication of accurate liquidity statistics, interbank market summaries, and key indicators on CBK platforms to enhance transparency, market confidence, and stakeholder engagement. Contribute to the design, review, and operationalization of CBK’s Liquidity Management, Liquidity Support, and Collateral Frameworks. Oversee the registration, substitution, and discharge of ILF contracts in DhowCSD, ensuring proper security controls, documentation, and adherence to established frameworks. Provide second-level approval for banking transactions, ensure effective filing and disposal of records per the Bank’s retention policy, and steer the review of Service Level Agreements (SLAs), Standard Operating Procedures (SOPs), and systems affecting liquidity management and banking operations. Conduct empirical studies on liquidity transmission, prudential regulation, and interbank market efficiency, leveraging data-level expertise in financial intermediation. Draft policy proposals, analytical briefs, and management recommendations on liquidity interventions. Represent the Banking and Payment Services (BPS) Department at MPMC and Financial Stability Committee meetings and follow up on implementation of decisions. Participate in KEPSS Treasury Managers’ meetings, regional liquidity management forums, and inter-departmental working groups. Provide technical guidance and training to financial institutions on liquidity management, collateral usage, and data reporting standards. Participate in financial literacy sensitization initiatives and contribute to the Crisis Management Sub-Committee on MAC-EAC convergence criteria implementation. Benchmark liquidity management and data analysis practices against the best global standards. Foster close collaboration with commercial banks, microfinance banks, and internal departments—including Monetary Operations, Financial Markets, and Payment Systems—to enhance coordination in liquidity management and data analytics. Supervise, mentor, and evaluate staff within the Liquidity Management and Data Analysis Section. Coordinate capacity development initiatives in liquidity operations, data analytics, and policy research while promoting teamwork, professionalism, and accountability. Ensure timely response to customer and stakeholder queries, resolve escalated operational issues, and oversee implementation of audit recommendations and risk mitigation measures.  Uphold integrity, professionalism, and institutional values by ensuring accuracy, timeliness, and completeness of reports; effective risk mitigation; prompt resolution of customer and interdepartmental queries; and implementation of audit recommendations. Supervise, mentor, and appraise staff within the Section; coordinate training and professional development in liquidity operations, data analytics, and policy research to build technical excellence and institutional capacity. Qualifications Bachelor’s degree in economics, Banking, Accounting, Finance, Business Administration, Mathematics, Computer Science or related field of study. Master’s degree in economics, Banking, Accounting, Finance, Business Administration, Mathematics, Computer Science or related field of study is an added advantage. Professional qualification in Banking, Accounting, Finance, Risk Management, or related field of study is an added advantage Work Experience Not less than Eight (8) years’ work experience in Banking Operations, Financial Services, Economics, Accounting or similar operations, with at least four (4) years in a supervisory capacity.