Business Analyst 2, Surveillance Banks (Business Analyst 2) at Central Bank of Kenya

Job Purpose

Conduct off-site surveillance of a portfolio of Commercial Banks, Mortgage Finance Companies (MFCs)and Non-Operating Holding Companies (NOHCs) with a view to promoting safety, soundness, access and integrity of the financial system.

Key Duties and Responsibilities

Strategic Responsibilities


Contributes as appropriate to the performance of other functions and to the overall achievement of the Bank's strategic objectives.


Technical and Operational Responsibilities


Contribute to the preparation of draft portfolio budget estimates.
Conduct risk-based site surveillance framework of Commercial Banks, Mortgage Finance Company and Non-Operating Holding Companies (NOHCs) and continuously monitor its effectiveness by developing the Institution Risk Profiles of the banks including Domestic Systemically Important Banks (D-SIBs).
Carry out surveillance of Commercial Banks, MFCs and NOHCs and ensure compliance with legal, regulatory and prudential requirements.
Review and engage banks on audited financial statements and unaudited quarterly financial statements of Banks and related disclosures.
Participate in on-site entry and exit meetings with Senior Management of Commercial Banks and in the presentation of the inspection reports to institutions' Board of Directors
Prepare and continuously monitor supervisory programs.
Conduct consolidated supervision and contribute to planning and participate in discussions during home supervisory colleges meetings.
Participate in host supervisory college meetings.
Participate in the Assessment of the quality of host supervisory framework to which CBK can place reliance on the supervisory framework of the Host Country
Review of Internal Capital Adequacy Assessment Process (ICAAP) models to ascertain whether commercial banks have adequate capital consistent with their risk profiles.
Participate in Implementing a multi-dimensional Early Warning System and highlight emerging challenges.
Process, analyze and make appropriate recommendations on applications for new branches, mergers & acquisitions, new products, change in tariffs and vetting of Senior Managers, Directors and significant shareholders of banks and approve new premises and customer complaints and other corporate applications.
Contribute and participate in the development of policy and legal and regulatory frameworks.
Prepare quarterly reports, Institutional Profiles (IP) and conduct on-going risk assessments from on-site and off-site supervision for appropriate action.
Prepare periodic reports on the performance of Banks and collect information as required.
Participate in periodic regulatory meetings on regulatory concerns and emerging developments with Senior Management of Banking Institutions.
Represent the Department in various meetings and committees as and when required.
Provide on the job training and mentor new staff.
Perform any other duties as assigned by the supervisor.


Qualifications


Bachelor's Degree in Business Management, Economics, Insurance, Law, Accounting, Finance, Computer Science, IT or related discipline from a reputable university.
Any other Bachelor's Degree from a reputable university which should be supported by a professional qualification relevant to the job requirements.
Professional qualification(s) in Accounting, Finance, Banking, ICT or related discipline is an added advantage.
Master's in Business Administration, Finance, Accounting, Economics, Law or related discipline is an added advantage.


Work Experience


At least two (2) years' post qualification experience in Prudential/Bank Supervision, Financial Analysis, Auditing, Accounting, Commercial Banking Operations or any other relevant area.