Summary
Date Posted: Monday, January 04, 2021 , Base Salary: Not Disclosed

JOB DETAILS:
Our client. The Central Bank of Kenya (CBK), is responsible for formulating monetary policy to achieve and maintain price stability. The Central Bank also promotes financial stability, an elective and efficient payment, clearing and settlement system formulates and implements foreign exchange policies: holds and manages foreign exchange reserves issuing of currency, and is the banker for adviser to and fiscal agent of the Government.
In line with its vision to be a World-Class Modern Central Bank reflected in its People, Systems and Processes, the Bank is looking to identify visionary, strategic thinking, experienced and highly qualified leaders with excellent credentials, proven experience, demonstrated capacity and know-how who will play a pivotal role in influencing monetary policy frameworks and strategies as well as implement sound monetary policies that ensure financial markets stability and growth. The ideal candidates are expected to be exceptional leaders with deep global and local knowledge of the financial services sector have a demonstrable level of success and possess excellent interpersonal skills. This is a great opportunity to make your contribution and positively impact the financial Services landscape in Kenya
DIRECTOR, RESEARCH
The Director Research will report directly to the Governor of the Central Bank of Kenya and work closely with the Monetary Policy Committee (MPC). The role holder will provide leadership to the Research team in developing monetary policy frameworks and strategies, facilitate domestic and global macroeconomic analysis and research to inform monetary policy formulation and implementation. The role holder will also provide economic advice to the Bank Management and Government .

Key Responsibilities:
• Frame and implement appropriate economic research agenda for the Bank at country, regional and global levels. In this regard provide leadership to undertake and disseminate research and related analysis on micro and macro-economics
• Ensure formulation of prudent monetary policy frameworks and strategies that set feasible and appropriate targets to achieve and maintain price stability including exchange rates, interest rates and Inflation and support monetary policy implementation. This includes designing the monetary programs,
• Provide leadership for the promotion of robust economic analysis (both fiscal and external), including development of the statistical capacities and systems for the provision of timely and reliable data for policy dialogue and formulation
• Provide leadership for timely periodic reporting of financial and economic analysis with emphasis on monetary policy formulation and implementation
• Liaise with IMF, World Bank and other development partners as required on matters of monetary policy
• Ensure effective collaboration with relevant departments on the effectiveness of monetary policy implementation and market dynamics that inform policy change:
• As assigned, represent the Bank in international and regional fora and provide the leadership required to safeguard and strengthen stakeholder's confidence in the Bank's operations.

Job Skills: Not Specified

Required Qualifications & Experience:
• Must have a Master's Degree in Economics or related fields
• Bachelor's degree in Economics, Finance, Banking, Statistics or other related field
• PhD in Economics or other related field is an added advantage
• Clear understanding of Economics, Banking and relevant emerging issues in:
i. Monetary and financial statistics and trends
ii. Inflation and currency rates
iii. Financial markets
iv. Economic policy
v. Reporting of financial data
vi. Financial and economics research
• Must be a Kenya Citizen
• Should be a member of relevant professional bodies with good standing

Job Education Requirements: Not Specified

Job Education Experience:
• Must possess not less than ten (10) years' leadership and management experience in economics, financial analysis, banking or closely related fields; five (5) years of which must be at a senior leadership role in a busy research-based organization with a bias in economic research and analysis. Should have experience in managing a professional team of senior researchers and have a strong record of research in the area of economics and statistical systems development with well-defined policy Implications International working experience in Economic Policy Development and Analysis institutions or multi-layered think-tarks as well as high level networking at national, regional and global levels is important

Work Hours: 8

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Job application procedure
If you are the candidate that we are looking for please send your application through: executiveselection@resourceassociates.co.ke with the title of the position applied for Director: Research or Head of External Payments & Reserves Management) as the email subject no later than 22nd January 2021. We will require your complete professional profile with your current remuneration and contact details therein. Only shortlisted candidates will be contacted. The detailed job descriptions are available on the link http://www.resourceassociates.co.ke/vacancies 

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