Senior Supervision Assistant (Registration & Licensing) at Retirement Benefits Authority

Retirement Benefits Authority (RBA) is a regulatory body under the National Treasury, established under Retirement Benefits Act. The Retirement Benefits Act was enacted as part of the on-going reform process in the financial sector in order to bring the retirement benefits industry under a harmonized legislation, to address the many problems that have hitherto faced the industry. The enactment of this Act filled a regulatory vacuum which had existed in Kenya. The mission of Retirement Benefits Authority (RBA)is to develop, safeguard and deliver value to the retirement benefits sector through excellence in service delivery

Job Purpose

The Senior Supervision Assistant (Registration & Licensing) is responsible for assisting in evaluation of applications for registration of retirement benefits schemes and licensing of service providers.

Job Requirements

1. Diploma in any of the following disciplines: finance, law, economics, commerce, business administration, social security or its equivalent qualification from a recognized institution;


2. At least four (4) years relevant work experience;


3. Proficiency in computer applications; and,


4. Fulfill the requirements of Chapter 6 of the Constitution.

Job Specifications

1. Assisting in evaluation of applications for registration of retirement benefits schemes and licensing of service providers;


2. Participating in due diligence of service providers to assess their suitability;


3. Compiling lists of trustees for the purpose of vetting to determine their


4. suitability;


5. Assisting in the review of applications by employers to contract out of making Tier II contributions under the National Social Security Fund Act;


6. Maintaining and updating the register of retirement benefits schemes and service providers.


7. Assisting in the implementation of guidelines on retirement benefits scheme registration and service provider licensing; and


8. Participating in retirement benefits scheme annual general meetings and other forums relating to the retirement benefits industry and preparing reports.

Key Competencies and Skills

1. Report and minute writing skills;


2. Communication and reporting skills;


3. Interpersonal skills; and


4. Team player.

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