The Central Bank of Kenya (CBK) is a public institution responsible for formulating monetary policy to maintain price stability, issuing currency, and promoting financial stability through the regulation and supervision of financial institutions.
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.
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.
- Supervise, mentor, and evaluate staff within the Liquidity Management and Data Analysis Section, promoting teamwork, professionalism, and accountability.
- Uphold integrity, professionalism, and institutional values by ensuring accuracy, timeliness, and completeness of reports; effective risk mitigation; and implementation of audit recommendations.
Qualifications and Experience
- 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.
- 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.
How to Apply
Interested and qualified candidates should apply online via the Central Bank of Kenya careers portal at careers.centralbank.go.ke.
