Massive Recruitment at the Capital Markets Authority (CMA) Kenya - 2015

The Capital Markets Authority is a

statutory agency charged with the responsibility of regulating and developing

an efficient capital market in Kenya. 

The Authority invites applications

from dynamic, goal – oriented, high performers, with strong problem – solving

skills, for the following position:

Head Risk Analysis and Stress Testing – Derivatives Unit

Reporting to the Manager, Derivatives

Unit, the successful candidate will be responsible;

• To monitor volatility of Derivatives contracts
  
  to determine adequacy of price and position limits;


• To advise and guide on initial determination
  
  and continual adequacy of initial margins, special margins, delivery
  
  margins, etc. for each and every futures contract;


• To advise and guide on initial determination
  
  and continual assessment of adequacy of worst case margins, clearing
  
  limits and position limits from market level to the client level;


• To guide on initial determination and
  
  continual adequacy of price limits, circuit breakers and any other risk
  
  management tools;.


• To review and advise on stress testing the
  
  adequacy of Settlement Guarantee Fund;


• To conduct credible stress testing scenarios;


• To keep abreast with and advise Senior
  
  Management on best practices and trends on margining methodology and
  
  stress testing techniques (including for Central Counter Parties-CCCPs);


• To monitoring volatility of all futures
  
  contracts listed at the Derivatives exchange and in particular, building
  
  up of price bubbles and/or extreme price moves; and


• To interact with ‘Price & Market
  
  Surveillance’ Head on any unexpected or unusual price movements and
  
  determine reasons thereof.


• Performing other duties as assigned from time
  
  to time

Minimum Qualifications and Experience

• Bachelor’s degree in statistics, mathematics,
  
  econometrics or in actuarial mathematics or relevant field.


• Proficiency in risk management and market
  
  surveillance is definite advantage


• Minimum of six (6) years relevant experience
  
  in the derivatives markets sector with at least 3 years’ experience in
  
  conducting risk management and surveillance in a Derivatives market
  
  environment

Key Skills, Knowledge &

Competencies

• Ability to optimize the use of the
  
  surveillance system to identify unusual price and position movements in a
  
  Derivatives Exchange, through effective risk management;


• Ability to conduct regular back testing and
  
  stress testing of the Derivatives market’s default waterfall using various
  
  methodologies ;


• Proficiency in computer applications such as
  
  Microsoft Word, Excel, Access, PowerPoint and Outlook Express including
  
  financial and statistical packages;


• High level interpersonal and cross-cultural
  
  skills including ability to build alliances and collaborative relationships
  
  with sensitivity to diversity;


• Ability to maintain high standards of
  
  integrity; establish straightforward, productive relationships;


• Ability to treat individuals with fairness and
  
  respect, demonstrating sensitivity for ethnic, cultural and gender differences;


• Ability to develop and implement performance
  
  management systems, giving candid performance feedback, rewarding
  
  desirable behaviours and providing support to professional development
  
  efforts linked to Derivatives market risk management;


• Ability to conceptualize, innovate, plan and
  
  execute ideas and to transfer knowledge and skills; and


• Ability to deliver results and to manage
  
  change,

Head Price & Market Surveillance – Derivatives Unit

Reporting to the Manager, Derivatives

Unit, the successful candidate will be responsible for;

• Identifying incidents of market manipulation,
  
  investigating complaints of the Derivatives Exchange and monitoring and
  
  surveillance of trades in Derivatives contracts;


• Monitoring and Surveillance of trades in
  
  Derivatives contracts


• Undertaking price/volume analysis and the
  
  basis relationship;


• Monitoring daily settlement of trades and
  
  collection of variation margin data;


• Interacting and liaising closely with the Head
  
  of Clearing & Settlements or similar functions of Derivatives
  
  Exchanges to monitor clearing and settlement of Derivative contracts;


• Identifying incidents of market abuse and
  
  referring the same to the Unit’s Head of Licensing, Inspection, Audit
  
  & Compliance for further action;


• Investigating complaints specific to trade
  
  /margins /settlement of specific nature, having direct bearing on current
  
  trades at the Derivative Exchange; and


• Referring specific findings to the Enforcement
  
  Department for action.


• Performing other duties as assigned from time
  
  to time

Minimum Qualifications and Experience

• A Degree in Economics, Statistics, Finance,
  
  Information Technology or relevant field


• Proficiency in risk management a definite
  
  advantage.


• Minimum of six (6) years relevant experience
  
  in the capital markets sector with at least 2 years’ experience in
  
  conducting surveillance on Derivatives market platforms

Key Skills, Knowledge &

Competencies

• Appropriate work experience in market/product
  
  research to ascertain consumer behavior in a Fast Moving Consumer Goods
  
  (FMCG) environment;


• Strong presentation and communication skills
  
  including ability to generate and interpret Derivatives trading and
  
  settlement surveillance reports;


• Proficiency in computer applications such as
  
  Microsoft Word, Excel, Access, PowerPoint and Outlook express including
  
  financial and statistical packages;


• High level interpersonal and cross-cultural
  
  skills including ability to build alliances and collaborative
  
  relationships with sensitivity to diversity;


• Ability to maintain high standards of integrity;
  
  establish straightforward, productive relationships;


• Ability to treat individuals with fairness and
  
  respect, demonstrating sensitivity for ethnic, cultural and gender
  
  differences;


• Ability to develop and implement performance
  
  management systems, giving candid performance feedback, rewarding
  
  desirable behaviours and providing support to professional development
  
  efforts linked to strategic objectives;


• Ability to empower surveillance staff by
  
  removing obstacles hindering effective price and market surveillance and
  
  delivering what is promised, on time and within budget;


• Ability to conceptualize, innovate, plan and
  
  execute ideas and to transfer knowledge and skills; and


• Ability to deliver results and to manage
  
  change

Head Derivatives Contract Development and

Market Research – Derivatives Unit

Reporting to the Manger, Derivatives Unit, the selected candidate will be

responsible for:

• Overseeing of spot commodities and financial
  
  derivatives market research and policy analysis:


• Determining the suitability of Derivatives
  
  contracts to be listed in a Derivatives Exchange


• Development and continuous review of relevant
  
  guidelines on design and development of Derivatives Contracts


• Maintaining continual contact with market
  
  players and coordinating the review of Derivatives contracts prior to
  
  approval for listing


• Developing pricing analyses, conducting
  
  surveys,


• Developing & maintaining a data base of
  
  daily spot and derivatives prices


• Maintaining continual contact with spot market
  
  players to ascertain supply/demand situation in the spot market as
  
  Derivatives contracts approaches expiration


• Performing other duties as assigned from time
  
  to time

Minimum Qualifications and Experience

• Master’s degree in Economics, Agricultural
  
  Economics or any other related field;


• Professional qualification (CFA, CISA or
  
  equivalent) and membership to relevant professional body added advantage.


• Minimum of six (6) years relevant experience
  
  in the capital markets sector, in Derivatives market research and policy
  
  formulation.

Key Skills, Knowledge &

Competencies

• Ability to undertake research in financial and
  
  commodity markets;


• Knowledge of relevant commodity supply chain
  
  including major spot market players;


• Ability to establish and maintain
  
  relationships with spot market players;


• Advanced knowledge of Microsoft Product suite
  
  is a must;


• Extensive experience in designing cash settled
  
  futures contract requires extensive research to ensure that the futures
  
  contract meets the hedging requirements of the cash market participants;
  
  and


• Develop a detailed framework for developing
  
  both deliverable and cash-settled contracts.

Head Licensing, Inspection, Audit

&Compliance – Derivatives Unit

Reporting to the Manager, Derivatives

Unit, the successful candidate will be responsible for;

• Overseeing and undertaking review of financial
  
  statements, investigating complaints, inspecting and auditing Derivatives
  
  exchanges and market intermediaries;


• Undertaking the Licensing process of
  
  Derivatives exchanges and market intermediaries;


• Undertaking review of the financial statements
  
  submitted by all other Derivatives market regulates;


• Investigating complaints against Derivatives
  
  exchanges and market intermediaries;


• Inspection and audit of Derivatives exchanges
  
  and market intermediaries; Market vigilance and intelligence;


• Reviewing the governance of Derivatives
  
  Exchanges including the Minutes of the Board & Committee Meetings of
  
  such Exchanges; and


• Coordination of Self-Regulatory Organizations
  
  (SRO) actions for non-payment of variation margin and, in liaison with the
  
  Head of Compliance of Derivatives Exchange recommending appropriate
  
  disciplinary action.

Minimum Qualifications and Experience

• Bachelor’s degree in Business , Finance,
  
  Commerce or any other related field; and


• Professional qualification (Chartered
  
  Accountancy, CPA or equivalent)


• Membership to relevant professional body is an
  
  added advantage


• Minimum of six (6) years relevant experience,
  
  2 of the years to have been in a Management level in the capital markets
  
  sector dealing with Derivatives markets licensing and inspections

Key Skills, Knowledge &

Competencies

• Experience must include audit &
  
  compliance;


• Keen to learn a new line of business;


• Advanced knowledge of Microsoft Product suite
  
  is a must.


• Proficiency in computer applications such as
  
  Microsoft Word, Excel, Access, PowerPoint and Outlook Express including
  
  financial and statistical packages;


• High level interpersonal and cross-cultural
  
  skills including ability to build alliances and collaborative
  
  relationships with sensitivity to diversity;


• Ability to maintain high standards of
  
  integrity; establish straightforward, productive relationships;


• Ability to treat individuals with fairness and
  
  respect, demonstrating sensitivity for ethnic, cultural and gender
  
  differences;


• Ability to develop and implement performance
  
  management systems, giving candid performance feedback, rewarding
  
  desirable behaviours and providing support to professional development
  
  efforts linked to Derivatives market risk management;


• Ability to conceptualize, innovate, plan and
  
  execute ideas and to transfer knowledge and skills; and


• Ability to deliver results and to manage
  
  change.

Manager Derivatives – Derivatives Unit

Reporting to the Chief Executive, the selected candidate will provide strategic

direction on and coordinate regulatory oversight and development of the

Derivatives market in Kenya including but not limited to: Derivatives trading,

clearing and settlement platforms; derivatives market intermediaries; and their

clients. 

The key requirements of this job are

as follows:

• Providing strategic direction to the
  
  Derivatives Unit’s function heads in derivatives contract development


• Providing strategic direction in market
  
  research; licensing, inspection, audit & compliance; price &
  
  market surveillance; risk analysis and stress testing;


• Proactively engaging internal and external
  
  stakeholders at all levels to build consensus and support for the growth
  
  of a vibrant derivatives market in Kenya;


• Coordinating with the Director of Market
  
  Operations on overall industry risk management and mitigation in the
  
  Derivatives market; and


• Demonstrated ability to work with a team on
  
  technology development and implementation.


• Preparation of the annual budget for the unit
  
  and coordinating its implementation


• Providing leadership to the unit team


• Performing other duties as assigned from time
  
  to time

Minimum Qualifications and Experience

• A Master Degree in Economics, Finance,
  
  Statistics, Business Law or other relevant field.


• Professional qualification (Chartered
  
  Accountancy, CPA or equivalent) and membership to relevant professional
  
  body added advantage


• Minimum of seven (7) years relevant experience
  
  in derivatives market regulation sector, with 3 years having been in
  
  Senior Management

Key Skills, Knowledge &

Competencies

• Demonstrated ability to deal with sensitive
  
  issues with tact and discretion;


• Demonstrated ability to work in a fast paced,
  
  demanding environment and to balance multiple competing demands;


• Be a solution driven individual;


• Knowledge of securities laws and regulations
  
  preferably in the Derivatives markets sub-sector;


• Ability to identify policy, legal and
  
  regulatory impediments to a Derivative market environment through gap
  
  analysis and to provide practical solutions;


• Strong presentation and communication skills
  
  including ability to develop proposals, concept papers, policy papers as
  
  well as write reports on Spot Commodities and Derivatives market;


• Proficiency in computer applications such as
  
  Microsoft Word, Excel, Access, PowerPoint and Outlook express including
  
  financial and statistical packages;


• High level interpersonal and cross-cultural
  
  skills including ability to build alliances and collaborative
  
  relationships with sensitivity to diversity;


• Ability to maintain high standards of
  
  integrity; establish straightforward, productive relationships;


• Ability to treat individuals with fairness and
  
  respect, demonstrating sensitivity for ethnic, cultural and gender
  
  differences; and


• Strong relationship-building, networking and
  
  leadership skill.

Product Development Officer

Reporting to the Assistant Manager

Market Development, the Product Development Officer is responsible for:

• Conceptualizing , researching and engaging
  
  stakeholders on the development of new capital markets products, revamping
  
  existing products and managing product life cycle from strategic planning
  
  to tactical activities;


• Providing technical and logistical support to
  
  the Market Development Department on capital markets product research,
  
  design, launch, monitoring and evaluation;


• Conducting gap analysis and providing
  
  advisories to senior management on emerging evolving global trends on
  
  capital markets products and services;


• Supporting effective implementation or
  
  operationalisation of internal and collaborative research recommendations
  
  on capital markets products and services;


• Developing and implementing policies,
  
  procedures, methodologies and quality standards for introducing new
  
  products and services into the capital markets; and


• Analysing and recommending potential partner
  
  relationships for product development.

Minimum Qualifications and Experience

• A Bachelor’s degree in Business
  
  Administration, Finance, Economics or any other related field;


• At least two (2) years demonstrable experience
  
  in product development and management in a Product Development
  
  Department/Section in a financial markets intermediary, financial
  
  institution or financial markets regulator.

Key Skills, Knowledge &

Competencies

• Natural flair for innovative ideas that can be
  
  translated into new products and services;


• Ability to analyze capital markets and
  
  economic statistical data to project market trends and consequent products
  
  and services demand;


• Knowledge of International Organization of
  
  Securities Commissions (IOSCO principles and local regulatory framework in
  
  relation to product and services development;


• Excellent understanding of vanilla and
  
  structured capital markets products and their benefits to issuers and
  
  investors;


• High level of creativity with strong
  
  presentation and communication skills;


• Advanced experience in using MS Product Suites
  
  and statistical packages;


• Interpersonal and cross-cultural skills
  
  including ability to build alliances and collaborative relationships with
  
  sensitivity to diversity;


• Ability to maintain high standards of
  
  integrity; establish straightforward, productive relationships; and


• Ability to treat individuals with fairness and
  
  respect, demonstrating sensitivity for ethnic, cultural and gender
  
  differences.


• Ability to meet tight deadlines as well as
  
  work with minimal supervision


• Team player disposition


• Organization and analytical skills


• Unquestionable Ethics, Integrity and
  
  Professionalism

Reporting to the Assistant Manager,

Internal Audit, and the selected candidate will be responsible for;

• Conduct audits on operational procedures,
  
  systems, policies and records to ensure conformity with laws, regulations
  
  and policies and consistency with the Authority’s established objectives
  
  and goals in accordance with the annual internal audit work plan.


• Develop audit programs and review procedures
  
  relevant to audit objectives;


• Document audit work papers and findings in
  
  accordance with accepted auditing standards;


• Obtain and review audit evidence and ensure
  
  that the audit conclusions reached are supported by appropriate and
  
  relevant audit evidence.


• Draft audit reports for assignments undertaken
  
  identifying observations made and providing recommendations for their
  
  resolution.


• Following up on the implementation of internal
  
  audit report recommendations for assignments undertaken and ensure
  
  implementation of agreed corrective actions;


• Assisting in the planning and execution of any
  
  special audit investigation or forensic audit as may be called upon.


• Assisting in the preparation of board papers
  
  for meetings of the Audit, Corporate Governance and Risk Management
  
  Committee of the board.


• Undertaking any other responsibilities as and
  
  when assigned.

Minimum Qualifications and Experience

• A Bachelor’s Degree in a Business, Finance or
  
  related field


• A Professional qualifications in either CPA(K)
  
  , ACCA, CIA or CISA


• A minimum of two (2) years relevant work
  
  experience in a reputable organisation.

Key Skills, Knowledge &

Competencies

• Excellent communication and interpersonal
  
  skills;


• Strong analytical skills


• Initiative and self-drive for high quality
  
  performance;


• Problem solving skills


• Report writing skills


• Experience on use an appropriate Audit
  
  Management Software


• High level of creativity with strong
  
  presentation and communication skills;


• Advanced experience in using MS Product Suites
  
  and statistical packages;


• Interpersonal and cross-cultural skills
  
  including ability to build alliances and collaborative relationships with
  
  sensitivity to diversity;


• Ability to maintain high standards of
  
  integrity; establish straightforward, productive relationships; and


• Ability to treat individuals with fairness and
  
  respect, demonstrating sensitivity for ethnic, cultural and gender
  
  differences.


• Ability to meet tight deadlines as well as
  
  work with minimal supervision


• Team player disposition


• Organization and analytical skills


• Unquestionable Ethics, Integrity and
  
  Professionalism

Reporting to the Assistant Manager,

Risk Analysis & Compliance the selected candidate will be responsible for:

• Assessing the governance and financial
  
  strengths of market participants and infrastructure providers to determine
  
  levels of risk exposure


• Analyzing the risks inherent in the products
  
  offered by market participants across all asset classes including new
  
  complex derivative transactions


• Participating in evaluating potential risks to
  
  market and systemic stability arising from newly introduced products and
  
  business lines in the market.


• Participating in business relationship
  
  management by covering specific portfolio of intermediaries and or
  
  infrastructure providers with a responsibility for maintaining a close
  
  relationship with and deep understanding of assigned firms in order to
  
  identify business developments that could potentially impact firm’s risk
  
  profile


• Evaluating and sharing information for a
  
  thorough assessment of the overall business environment and internal
  
  control factors of intermediaries’ and infrastructure providers and
  
  developing trend analyses.


• Reviewing of business practices, changes in
  
  key personnel, changes in nature of service/products offered by market
  
  participants to identify key risks


• Preparing bi-annual risk profiling reports
  
  highlighting intermediaries risk profiles to inform proper allocation of
  
  regulatory resources


• Maintaining a comprehensive risk database that
  
  includes the profiles of the various intermediaries and infrastructure
  
  providers with highlights of key vulnerabilities and appropriate recommendations


• Visiting intermediaries to evaluate their risk
  
  management processes and advise on ways of improvement


• Circulation of risk and corporate governance
  
  questionnaires to market participants and review self-assessment reports
  
  from market participants


• Organizing workshops to sensitize market
  
  participants on key risks identified in the market and mitigation measures


• Undertaking any other responsibilities as may
  
  be assigned from time to time.

Minimum Qualifications and Experience

• A Bachelor’s Degree in Engineering, Actuarial
  
  Science, Computer Science, Mathematics or other related field


• Any relevant professional qualification will
  
  be an added advantage.


• Demonstrable Two (2) years relevant experience
  
  in a similar position in a reputable organisation.

Key Skills, Knowledge &

Competencies

• Pro-active and self-driven person with a great
  
  eye for detail, strong analytical skills and a strong desire to critically
  
  evaluate capital markets operations and risks


• Strong quantitative and technology training


• Presentation and communication skills
  
  including ability to write reports;


• High level of creativity with strong
  
  presentation and communication skills;


• Advanced experience in using MS Product Suites
  
  and statistical packages;


• Interpersonal and cross-cultural skills
  
  including ability to build alliances and collaborative relationships with
  
  sensitivity to diversity;


• Ability to maintain high standards of
  
  integrity; establish straightforward, productive relationships; and


• Ability to treat individuals with fairness and
  
  respect, demonstrating sensitivity for ethnic, cultural and gender
  
  differences.


• Ability to meet tight deadlines as well as
  
  work with minimal supervision


• Team player disposition


• Organization and analytical skills


• Unquestionable Ethics, Integrity and
  
  Professionalism

Senior Human Resource Officer – Training

& Development

Reporting to the Manager Human Capital and Administration, the selected

candidate will be:

• Coordinating change management initiatives
  
  across the Authority to help deliver on key strategic needs across the
  
  directorates / departments.


• Champion implementation of e-learning delivery
  
  in the Authority including liaising with infrastructure and content
  
  providers.


• Consolidating suggested annual training needs,
  
  evaluating them against desired competencies and developing a
  
  strategically appropriate annual training plan and overseeing its
  
  implementation.


• Justifying annual training budget by
  
  demonstrating received/potential return on investment.


• Working closely with Director Corporate
  
  Services and Manager Human Capital and Administration ensure effective
  
  implementation of management trainees program.


• Coordinating strategic Human Capital
  
  development and targeted training initiatives


• Ensuring adequate knowledge management of
  
  lessons and experiences from training and tracking adoption into the work
  
  environment


• Assisting in development of baseline trainings
  
  required at different levels of the organisation


• Driving the culture of costs versus
  
  sustainable benefits analysis through aggressive evaluation of training
  
  plans and courses undertaken to determine return on investment and
  
  effectiveness in line with targeted business needs.


• Coordinating the day to day operations of the
  
  Training and Development Function; liaising with Heads of departments and
  
  staff in identification of training needs in line with the strategic plan,
  
  performance management system and emerging business needs including
  
  monitoring submission of training reports, evaluations and other relevant
  
  documents by staff after training,


• Implementing the internship programme in
  
  liaison with directorates and departments as per the laid down policy


• Implementing the staff induction programme in
  
  line with the policy.


• Liaising with external training providers on
  
  training arrangements and organizing in house trainings as required.


• Performing any other duties as may be assigned
  
  from time to time.

Minimum Qualifications and Experience

• A Bachelors Degree in business, social studies
  
  or a technical field backed by with a


• Higher Diploma in Human Resource Management


• Membership to a professional body


• 4 years’ experience in Human Resources
  
  services with hands on exposure in actual implementation of change
  
  management, training and development programmes in a reputable
  
  organization. Experience in e-learning delivery will be a strong advantage

Key Skills, Knowledge &

Competencies

• Knowledge of relevant policies and procedures.


• Planning skills, communication skills (written
  
  and oral), and ability to be flexible and responsive to changing dynamics


• High level of creativity with strong
  
  presentation and communication skills;


• Advanced experience in using MS Product
  
  Suites;


• Interpersonal and cross-cultural skills
  
  including ability to build alliances and collaborative relationships with
  
  sensitivity to diversity;


• Ability to maintain high standards of
  
  integrity; establish straightforward, productive relationships; and


• Ability to treat individuals with fairness and
  
  respect, demonstrating sensitivity for ethnic, cultural and gender
  
  differences.


• Ability to meet tight deadlines as well as
  
  work with minimal supervision


• Team player disposition


• Organization and analytical skills


• Unquestionable Ethics, Integrity and
  
  Professionalism

Reporting to the Strategic Projects

Manager, the selected candidate will be responsible for the following:

• Under the guidance of the Strategic Projects
  
  Manager, assist with the implementation of the section’s strategy;


• Provide administrative support to the office
  
  of the Strategic Projects Manager on a day to day basis;


• Preparation and maintenance of key projects
  
  data, charts, budget and overall project trends;


• Liaising with Directorates & Departments
  
  on behalf of the Strategic Projects Manager to identify strategic projects
  
  to be selected from the pool of Authority’s projects database;


• Assist the Strategic Projects Manager in
  
  preparing presentations; drafting briefing papers and /or compiling
  
  pertinent background materials and preparing summaries for discussion;


• Assist Strategic Project Manager in tracking
  
  proposals on new sources of income and fundraising activities;


• Updating the database on key metrics relevant
  
  for regional and international bodies that are crucial to the Authority’s
  
  strategic projects portfolio; and


• Preparation and maintenance of annual, half
  
  yearly, quarterly and continuous reports emanating from the office of the
  
  Strategic Projects Manager


• Undertaking other assignments as allocated
  
  from time to time

Minimum Qualifications and Experience

• Degree in Social Sciences / Communications or
  
  equivalent


• Minimum of two (2) years’ experience relevant
  
  experience in project management, research and data management

Key Skills, Knowledge &

Competencies

• Project monitoring and evaluation skills


• Proficiency in data analysis using MS Product
  
  Suites and/or Project Management software;


• Knowledge of resources mobilization, public
  
  relations/international relations skills


• High level of creativity with strong
  
  presentation and communication skills;


• Interpersonal and cross-cultural skills
  
  including ability to build alliances and collaborative relationships with
  
  sensitivity to diversity;


• Ability to maintain high standards of
  
  integrity; establish straightforward, productive relationships; and


• Ability to treat individuals with fairness and
  
  respect, demonstrating sensitivity for ethnic, cultural and gender
  
  differences.


• Ability to meet tight deadlines as well as
  
  work with minimal supervision


• Team player disposition


• Organization and analytical skills


• Unquestionable Ethics, Integrity and
  
  Professionalism

Strategic Projects Manager

Reporting to the Chief Executive and facilitating Senior Management, the

selected candidate will serve as the primary focal point for coordinating,

monitoring and evaluation of the implementation of the Authority’s key

organizational initiatives being carried out as strategic projects. 

The Manager, Strategic Projects will

also support the Chief Executive in the coordination of sectoral, national,

regional and international engagements and stakeholders in support of and

complementary to the strategic delivery of the organization.

Duties and Responsibilities

• Oversee the monitoring and evaluation of the
  
  implementation of strategic projects by core functions and department of
  
  the Authority including but not limited design and introduction of new
  
  products and services, driving organizational change and efficiency and
  
  troubleshooting and launch of initiatives to improve service delivery
  
  internally and/or in the capital markets subsector in areas of regulation
  
  and market development ;


• Evaluate existing and develop appropriate
  
  tools and techniques to be used by the Authority to manage, monitor and
  
  evaluate strategic projects to ensure that they are delivering the
  
  projected benefits and features and functioning consistently within the
  
  organization’s strategic goals;


• Supporting Senior Management and owners of
  
  strategic projects to implement appropriate techniques and tools to ensure
  
  timely and impactful implementation including supporting negotiation of
  
  changes in project resources as necessary to achieve objectives and
  
  timelines ;


• Develop organization wide monitoring and
  
  evaluation tools to ensure projects are proceeding according to timelines,
  
  meeting quality & cost targets and expectations and adhering to established
  
  operating parameters;


• Preparing presentations, briefing papers and
  
  pertinent background materials and summaries for discussion in respect of
  
  cross cutting projects and initiatives;


• Develop and oversee work-plans and budget for
  
  the Office of the Chief Executive;


• Support Senior Management in the
  
  identification and development of new sources of income and tracking
  
  funding proposals for the Office of the Chief Executive and Authority’s
  
  strategic projects teams for raising funds to supplement the Authority’s
  
  other revenue bases;


• Support the Office of the Chief Executive with
  
  the coordination of engagement with and responses to strategic partners of
  
  the Authority including regional and international member organizations;


• Prepare annual, half yearly, quarterly and
  
  continuous reports to Senior Management on the status of implementation of
  
  the Authority’s strategic projects;


• Carrying out any other duties as assigned by
  
  the Chief executive, including working closely with the Directorates
  
  within the Authority.

Minimum Qualifications and Experience

• Degree in Social Sciences, Project Management
  
  or equivalent


• Project portfolio management; resource
  
  portfolio management; project management mentoring and project management
  
  tool development and assessment qualifications are a definite advantage


• Minimum of seven (7) years relevant
  
  experience, three (3) years of which has been in senior management, in
  
  project management and related functional areas, with an ability to carry
  
  forward ideas and monitor implementation of projects from conception to
  
  execution and conclusion

Key Skills, Knowledge &

Competencies

• Understanding of the Kenyan Capital Markets
  
  Master Plan and knowledge of financial sector flagship projects under the
  
  Kenya Vision 2030 economic blueprint is a key advantage;


• Track record of taking initiative in managing
  
  competing organizational and Directorate/departmental priorities and
  
  working under pressure;


• Track record of thinking conceptually,
  
  mastering complex matters quickly and conveying such concepts in a clear,
  
  concise and logical manner;


• Superior critical analytical skills with
  
  capacity to identify and appropriately assess and prioritize competing
  
  interest amongst different projects;


• Exceptional research and communication skills
  
  with focus on report writing for decision making;


• Proficiency in Project management
  
  applications;


• Ability to work effectively in a team as well
  
  as work with minimal supervision;


• Demonstrated ability to work with counterparts
  
  at different level of seniority with tact and discretion


• Excellent organization and planning skills;


• High level of creativity with strong
  
  presentation and communication skills;


• Advanced experience in using MS Product Suites
  
  and statistical packages;


• Interpersonal and cross-cultural skills
  
  including ability to build alliances and collaborative relationships with
  
  sensitivity to diversity;


• Ability to maintain high standards of
  
  integrity; establish straightforward, productive relationships; and


• Ability to treat individuals with fairness and
  
  respect, demonstrating sensitivity for ethnic, cultural and gender
  
  differences.


• Ability to meet tight deadlines as well as
  
  work with minimal supervision


• Unquestionable Ethics, Integrity and
  
  Professionalism

Manager, Investigations and Enforcement

Reporting to Director Market

Operations, the selected candidate will be responsible for:

• Designing, documenting, implementing and
  
  evaluating effective Investigation and Enforcement policies, and
  
  procedures


• Developing and implementing long term
  
  strategies and objectives of the Investigations & Enforcement
  
  Department


• Coordinate investigations at the Authority


• Reviewing reports on incidents of violations,
  
  market malpractices and fraudulent operations and recommend appropriate
  
  enforcement action in line with CMA requirements


• Regularly preparing reports in relation
  
  departmental progress


• Develop and supervise staff in the department


• Implementing Risk management activities and
  
  measures


• Undertake any other responsibilities as and
  
  when assigned.

Minimum Qualifications and Experience

• Master’s degree in Law, Finance, Economics or
  
  any other related field


• If a lawyer, must be an advocate of the High
  
  Court of Kenya, hold a current practising certificate with a professional
  
  qualification.


• Otherwise possess professional qualification
  
  such as CFE or related and be a member of the relevant professional body


• Minimum of seven (7) years’ experience in a
  
  regulatory environment and demonstrated leadership

Key skills, Knowledge &

Competencies

• Strong understanding of investigations and enforcement
  
  of capital markets operations as well as financial sector operations


• Strong understanding of the Kenyan legislative
  
  system.


• High level of creativity with strong
  
  presentation and communication skills;


• Advanced experience in using MS Product
  
  Suites;


• Interpersonal and cross-cultural skills
  
  including ability to build alliances and collaborative relationships with
  
  sensitivity to diversity;


• Ability to maintain high standards of
  
  integrity; establish straightforward, productive relationships; and


• Ability to treat individuals with fairness and
  
  respect, demonstrating sensitivity for ethnic, cultural and gender
  
  differences.


• Ability to meet tight deadlines as well as
  
  work with minimal supervision


• Team player disposition


• Organization and analytical skills


• Efficiency and objectivity in reviewing
  
  investigations and enforcement reports


• Unquestionable Ethics, Integrity and
  
  Professionalism


• Ability to conceptualize, innovate, plan and
  
  execute ideas and to transfer knowledge and skills;

Reporting to the Director Corporation

Secretary and Communications, the selected candidate will be responsible for;

• Overseeing the procurement of legal services
  
  from external legal services providers/ advocates.


• Drafting pleadings and coordinating their
  
  timely preparation and ensuring filing


• Preparation of legal opinions on legal issues
  
  pertaining to the Authority’s mandate and issues arising in its engagement
  
  with internal and external stakeholders.


• Liaison with external advocates on matters
  
  they are handling on behalf of the Authority.


• Providing legal advice on legal issues as they
  
  arise from business operations Overseeing contract execution and
  
  supporting directorates on contractual issues


• Overseeing litigation of court and tribunal
  
  cases.


• Liaising with external advocates on witness
  
  identification and preparation of witness statements.


• Development and supervision of staff


• Performing other duties as assigned from time
  
  to time

Minimum Qualifications and Experience

• Master’s Degree in Law


• Postgraduate Diploma in Law – Kenya School of
  
  Law


• Admission to the Bar- Advocate of the High
  
  Court of Kenya


• Certified Public Secretary


• At least 6 years’ experience in a busy
  
  commercial law firm or government agency.

Key skills, Knowledge &

Competencies

• Qualifications as advocate with broad
  
  understanding of capital markets operations and legal framework.


• Deep understanding of the laws of Kenya


• Skills in drafting of legal pleadings


• Contract negotiation skills


• Contract management skills


• Case management skills


• High level of creativity with strong
  
  presentation and communication skills;


• Advanced experience in using MS Product Suites
  
  and statistical packages;


• Interpersonal and cross-cultural skills
  
  including ability to build alliances and collaborative relationships with
  
  sensitivity to diversity;


• Ability to maintain high standards of
  
  integrity; establish straightforward, productive relationships; and


• Ability to treat individuals with fairness and
  
  respect, demonstrating sensitivity for ethnic, cultural and gender differences.


• Ability to meet tight deadlines as well as
  
  work with minimal supervision


• Team player disposition


• Organization and analytical skills


• Unquestionable Ethics, Integrity and
  
  Professionalism

How to Apply

If your background, experience and competence match the specifications

outlined, please send your application, quoting the reference of the position

you are interested in, including your current curriculum vitae, copies of your

certificates and other testimonials, salary history, three referees (one of who

must be either your current or previous employer), day telephone number, e-mail

address and details of your current salary and benefits to:

The Chief Executive,
Capital Markets Authority
P. O Box 74800 – 00200, 

Applications should be received on or before 11th September 2015

Only shortlisted candidates will be contacted for interviews.

“Capital Markets Authority is an Equal Opportunity Employer. 

Persons with disabilities are

encouraged to apply”.