Summary
Date Posted: 15th March 2019 , Base Salary: Not Disclosed , Employment Type: Full_Time , Currency: KES , Value: 121000 , Minimum: 85000 , Maximum: 364000 , Period: MONTH

JOB DETAILS:
RA Resource Associates
NURTURING TALENT, GROWING ORGANISATIONS
CAREER OPPORTUNITIES
Our client, a large leading financial institution in Kenya wishes to recruit highly experienced, competent, motivated and self-driven individuals with excellent credentials and strategic mind to competitively fill the positions below.
Our client is looking to identify experienced leaders who will play a pivotal role of 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 to the financial services landscape in Kenya
Director, Financial Markets
Director Financial Markets reports to the Chief Executive Officer and will be responsible for implementing monetary policy decisions, managing foreign exchange reserves and act as a fiscal agent in domestic debt management.

Key Responsibilities:
• Provide effective leadership in the implementation of monetary policy decisions; domestic debt management as well as foreign exchange and foreign reserves management;
• Lead and facilitate in the development of deepened financial markets that enhance confidence in the financial system including diversification of financial market instruments;
• Manage foreign exchange reserves in a disciplined and effective manner and ensure compliance to statutory requirements on foreign exchange reserves;
• Propose and implement domestic debt management processes and policies;
• Ensure that the interbank settlement systems support financial liquidity as well as adequate liquidity in the banking system;
• Develop financial markets strategies and operational plans;
• Close markets monitoring and analysis both at local, regional and global levels;
• Analyze and mitigate against potential market risks and volatilities;
• Ensure short term interest rates are consistent with the monetary policy stance;

  Required Qualification & Experience
1) Must have a Master's Degree in Economics, Finance, Banking or relevant field;
2) Bachelor's Degree in Accounting, Business, Finance, Economics or Banking or similar field;
3) Professional qualification in relevant a field of study e.g. CFA, ACCA, CPA is a requirement;
4) In depth technical knowledge and experience of financial and capital markets, banking and relevant emerging issues in:
• National, regional and international regulatory and statutory requirements
• Foreign exchange management and operations
• Foreign reserves management and operations
• Government borrowing and debt management strategies
• Treasury management

A minimum ten (10) years' experience in financial analysis, investment, portfolio management, banking and other relevant areas; five (5) years of which must be at a senior leadership level of a key function/department within a large organization. International working experience in financial markets institutions or multi-layered think-tanks is important.
Mandatory requirements for both roles:
1 Should be a member of relevant professional bodies with good standing.
2. Must be compliant with the requirements of Chapter Six of the Constitution on Leadership and Integrity.
In addition, all successful candidates will be required to obtain clearance from the following Institutions:
• Higher Education Loans Board
• Kenya Revenue Authority
• Ethics and Anti-Corruption Commission
• Credit Reference Bureau
• The Directorate of Criminal Investigations

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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 Director, Financial Markets) as the email subject no later than 15th April 2019. We will require your complete professional profile with your current remuneration and contact details therein. Only shortlisted candidates will be contacted. These positions are open only to Kenyan Citizens. The detailed job descriptions are available on the link http://www.resourceassociates.co.ke/vacancies .