The Manager 1 role within the Financial Sector Analysis Division is critical for advancing the Central Bank of Kenya’s mandates relating to financial inclusion, innovation, financial literacy, and consumer protection.
Job Purpose
The Manager is responsible for:
- Leading teams on financial inclusion data collection from both demand and supply-side sources.
- Taking lead on financial inclusion analysis covering the four dimensions of Access, Usage, Quality, and Impact/Welfare, financial innovations (including FinTechs), and financial literacy initiatives (including consumer protection and financial education).
- Preparation, implementation, and periodic reviews of a National Financial Inclusion Strategy (NFIS) and related initiatives.
- Participating in the financial literacy, consumer protection, and market conduct initiatives.
- Ensuring timely preparation and dissemination of financial inclusion dataset and reports.
- Identifying suitable tools for the analysis of financial inclusion outcomes.
- Coordinating and working with other stakeholders to implement projects and initiatives that support an inclusive financial system at national, regional, and global levels.
- Ensuring implementation of the Performance Management Framework for staff appraisal including mentorship, and coaching of staff.
Key Duties and Responsibilities
Strategic Responsibilities
- Benchmark analytical capability to enhance data collection, measurement, and analysis on financial inclusion, innovations, and consumer protection.
- Support Government programmes by providing relevant data, tailored research, and advice.
- Foster EAC integration process and other regional and international collaborative initiatives.
Technical and Operational Responsibilities
- Take lead on the initiatives to strengthen financial inclusion and innovations including data dissemination dashboards portal.
- Ensure compilation, analysis, and dissemination of financial inclusion indicators in collaboration with other key stakeholders including the IMF FAS and AFI reporting.
- Identify and adopt suitable tools for financial inclusion data collection and analysis.
- Take lead in the review of financial inclusion measurement and analysis incorporating access, usage, quality and impact/welfare dimensions in collaboration with key stakeholders.
- Take lead on the preparation and implementation of financial literacy and education programmes and the National Financial Inclusion Strategy.
- Ensure timely contribution to and preparation, publication, and dissemination of Bank reports as appropriate.
- Implement national FinAccess Surveys and Tracker Surveys across the Country.
- Manage stakeholders and fundraising for the National Financial Inclusion Strategy, WE Finance Code, Financial Literacy Projects, and the FinAccess Surveys.
- Coordinate and participate in national, regional, and international cooperation initiatives.
- Support implementation of financial literacy and financial education programs across Kenya.
- Provide and coordinate quality economic and financial analysis and research focusing on emerging areas such as green finance, behavioural finance, financial health, among others to support inclusive financial sector development.
- Provide technical support as required to MPC and Board as required by Bank Management.
- Undertake coaching, mentoring, capacity building, and supervisory roles of staff.
Other Responsibilities
- Contribute to the performance of other functions in the Bank and to the overall achievement of the Bank’s mandates and strategic objectives as required.
- Mentor, coach, and mobilize the Financial Inclusion and Innovations Analysis Teams to achieve planned results.
- Support capacity building initiatives at local, national, and regional level.
- Appraisal of supervised staff under the Bankwide Performance Management Framework.
Qualifications
- Bachelor’s Degree in Economics, Financial Economics or Econometrics from a reputable university.
- Master’s Degree in Economics, Financial Economics or Econometrics from a reputable university.
- PhD Degree in Economics, Financial Economics or Econometrics from a reputable university is an added advantage.
- Proficient in statistical software e.g. SPSS/PASW, STATA, E-Views, R, ArcGIS, etc.
Work Experience
- A minimum of eight (8) years post-graduate experience with at least five (5) years working on the analysis of financial inclusion, innovations, financial literacy, consumer protection and market conduct.
- Experience in the implementation of national surveys on financial sector developments.
- At least 2 publications in peer reviewed journals.
- Experience in a financial regulatory/supervisory environment.
- Worked with national, regional and collaborative initiatives on financial inclusion, financial literacy and related areas.