The Senior Manager, Oversight & Compliance provides effective leadership in conducting prudential and market conduct supervision to ensure a safe, sound and secure national payment system. The role holder will assist to develop policy geared towards the overall achievement of the Central Bank of Kenya's (CBK) strategic objectives.
Key Duties and Responsibilities
Strategic Responsibilities
Advise on and formulate payment policy revisions and innovations in line with the strategy of the bank and national and regional priorities.
Contribute as appropriate to the performance of other functions and to the overall achievement of the Bank’s strategic objectives.
Work effectively as part of the team to deliver on the Key Result Areas and demonstrate competencies of the role.
Technical and Operational Responsibilities
Ensure payment systems infrastructure meets international standards through assessment of Payment Systems against international Standards (guided by Principles for Financial Markets Infrastructure (PFMIs) and the Oversight Policy Framework).
Ensure compliance of KEPSS Operations with the KEPSS Rules and Procedures, NPS Laws, Regulations, and Circulars.
Ensure compliance with the CBK Act, NPS Act, NPS Regulations, and AML/CFT requirements by Payment Service Providers (PSPs).
Handle the designation and revocation of payment instruments/systems as provided in the law.
Coordinate offsite and onsite oversight of large value and retail payment systems and regional participation.
Coordinate responses to audit and risk management queries and implement recommendations.
Oversee the development of a risk management framework for payment systems/instruments.
Review oversight reports prepared for management including the annual oversight reports, Financial Stability Investment Committee (FSIC) report, Financial Stability (FS) report, incident and other ad-hoc reports.
Review developed data requirements and relevant returns for approval to facilitate oversight of Payment Service Providers (PSPs).
Other Responsibilities
Review operation manuals to include new policies and procedures.
Participate in various stakeholders’ forums and interdepartmental meetings.
Mentor and coach the team to achieve planned section activities.
Work with the legal team to pursue enforcement actions.
Qualifications and Experience
Education: Bachelor’s degree in Economics, Banking, Accounting, Finance, Business Administration, Insurance, Law, Mathematics, Computer Science, or a related field of study.
Professional Qualification: Qualification in Banking, Accounting, Finance, Risk Management, or a related field is an added advantage.
Work Experience: Not less than ten (10) years’ work experience in Payments & Banking Operations, Financial Services, Economics, Accounting, or similar operations.
Leadership Experience: At least five (5) years in a supervisory capacity.
How to Apply
Interested and qualified candidates should apply through the Central Bank of Kenya careers portal at https://careers.centralbank.go.ke. Applications must be submitted before May 18, 2026.
How to Apply
Interested and qualified candidates should apply online via the Central Bank of Kenya careers portal: careers.centralbank.go.ke. Follow the instructions on the portal to submit your application by May 18, 2026.
