Deputy Manager, Virtual Asset Service Provider Licensing & Products Approval
Nairobi
Posted 28 April, 2026
Deadline 18 May, 2026
$123 - $123 KES
BankingFull-TimeSenior-level(6+ yrs)
Job Description
The Central Bank of Kenya (CBK) is a public institution responsible for formulating monetary policy to achieve and maintain price stability, issuing currency, and promoting financial stability through regulation and supervision. The Deputy Manager for Virtual Asset Service Provider (VASP) Licensing & Products Approval reports to the Head of Section, Payment Services Authorization and Approvals. The role holder assists the team in the review and analysis of applications by virtual asset service providers to ensure compliance with the VASPs Act and Regulations.
Key Duties and Responsibilities
Technical and Operational Responsibilities
Review VASP applications in line with the VASP Act and Regulations and make recommendations to the Section Head.
Make recommendations for policy interventions to encourage financial innovations.
Analysis of applications and the requisite licensing documents for new VASPs.
Processing of application for approval of New products/ Company names for new VASPs.
Review and recommend for approval any new VASP products/service for licensed VASPs.
Correspond with applicants for new VASPs on licensing requirements and other related queries.
Organize and document meetings with prospective new VASPs for regulatory guidance.
Updating new products applicants’ log.
Other Responsibilities
Deputize the Section Head.
Sectional budget development and monitoring.
Coordinate knowledge exchange programmes.
Participate in stakeholder forums on payment systems and innovations.
Any other assigned roles and responsibilities.
Qualifications and Requirements
Bachelor’s Degree in a relevant field such as Economics, Law, Statistics, Computer Science, or Business.
Professional qualifications and memberships are considered an added advantage.
At least six (6) years’ work experience in Payments & Banking Operations, Financial Services, Economics, Accounting, or similar operations.
At least two (2) years of experience in a supervisory capacity.
