Deputy Manager, Virtual Asset Service Provider Oversight and Compliance
Nairobi
Posted 28 April, 2026
Deadline 18 May, 2026
0
BankingFull-TimeSenior-level(6+ yrs)
Job Description
Role Overview
The role holder is responsible for implementing and overseeing the supervisory framework for licensed Virtual Asset Service Providers (VASPs). This includes conducting risk-based supervision, monitoring compliance, investigating potential breaches, and contributing to policy development. The position holder is responsible for the assessment of the implementation of prudential and market conduct activities of VASPs to promote safety and stability of the national payment system.
Key Duties and Responsibilities
Technical and Operational Responsibilities
Conduct ongoing, risk-based supervision of licensed VASPs.
Perform comprehensive compliance reviews and on-site/offsite examinations of VASPs’ operations, focusing on AML/CFT/CPF, consumer protection, cyber security, and operational resilience.
Monitor adherence to licensing conditions, including capital adequacy, governance, and general compliance with the VASP law, including other relevant laws.
Investigate potential instances of non-compliance, market abuse or unlicensed VASP activities.
Recommend and oversee corrective actions, sanctions, or enforcement actions in line with the provisions of VASP laws.
Serve as the main supervisory contact for assigned VASPs including guidance on regulatory expectations.
Maintain a current understanding of emerging risks, trends, and typologies in the virtual asset space.
Prepare detailed reports and briefings for management on the status, risks, and overall health of the regulated VASP sector.
Contribute to the development and revision of policies, laws, regulations, circulars, and supervisory frameworks related to market conduct and consumer protection in the payments sector.
Engage with VASPs to communicate regulatory expectations and provide guidance on market conduct-related matters.
Collaborate with other departments within the CBK and regulators on VASP activities and information sharing.
Other Responsibilities
Performing any other duties assigned by the Section Head.
Qualifications and Experience
Bachelor’s Degree in a relevant field e.g. Economics, Law, Computer Science or Business Administration.
Professional qualifications and membership are an added advantage.
At least six (6) years’ experience working in payment systems oversight or compliance specialist or other similar functional area roles, with at least two (2) years in a supervisory capacity.
Experience in supervision of market conduct or handling consumer protection responsibilities is an added advantage.
How to Apply
Interested and qualified candidates should apply through the Central Bank of Kenya careers portal. Visit careers.centralbank.go.ke to submit your application by the deadline of May 18, 2026.
