The
following positions are currently vacant and interested qualified candidates
may submit their applications as detailed:
Senior Legal Officer, Regulatory Framework
Reports to : Assistant Manager, Legal Framework
Overall Job Purpose
Reporting to the Assistant Manager, Legal Framework, the Senior Legal Officer will be responsible for reviewing the capital markets enabling legislation, rules, regulations and guidelines in accordance with the strategic focus of the Authority, market needs and changing trends.
The Senior Legal Officer will also be charged with carrying out research of local, regional and international practices to guide recommendations on necessary amendments or new regulatory framework to facilitate efficient and orderly market operations and growth.
The Senior Legal Officer will be responsible for supporting and overseeing the research and legal drafting activities of Legal Officer, Legal Framework.
Core Duties and Responsibilities
- Organise and
coordinate the review of relevant aspects of cross-sectoral laws affecting
capital markets and investment sector and recommend amendments to ensure
fair, efficient and transparent capital markets to protect investors,
reduce systemic risk, taking into account appropriate international
standards;
- Have regard to
the need for the legal and regulatory framework to be based on rules that
are founded on well-established practices and to the greatest extent
possible to promote a drafting style that will ensure the framework can be
widely understood, and is clearly expressed;
- Prepare
transparent, clear and concise guidelines and procedures to implement the
regulatory framework;
- Organise and
coordinate the review of capital markets enabling legislation, rules,
regulations and guidelines including conducting surveys and collecting
data and information to support the amendment of capital market rules and
regulations;
- Facilitate
industry consultations on proposed legislative amendments including
coordinating stakeholder workshops and exposures sessions to collect
feedback on areas in need of regulatory reform;
- Engage with
relevant internal and external stakeholders, including but not limited to
the Attorney General’s Chambers, Registrar General, Law Reform Commission,
any Securities Exchange, Central Securities Depository, capital markets
intermediaries and other local and foreign regulators in financial markets
to ensure the timely development and where necessary enactment of
transparent and efficient laws, rules and regulations;
- Develop
guidelines, rules and procedures to implement the regulatory framework.
- Review rules,
procedures and other instruments proposed to be issued by Self-regulatory
organizations, securities exchanges, central securities depositories and
other market organizations with oversight responsibilities under either
the Capital Markets Act or the Central Depositories Act.
- Provide
interpretation on application of legal and regulatory framework;
- Any other duties
as assigned from time to time
Minimum
Qualifications
- Bachelor’s
degree in Law
- Post-graduate
Diploma in Law
- Be an advocate
of the High Court of Kenya of at least 3 years standing.
- Certificate in
Legislative Drafting
- Minimum of three
(3) years’ work experience in legal and regulatory framework development
in the financial markets.
Added
Advantage
- Training in
policy formulation
- A master’s
Degree in Law
- CPS
- CPA
- CFA
Skills
Required
- Knowledge of
laws and regulations in the capital markets sector and in the financial
sector
- Experience in
translation of policy into legislation
- Ability to
identify legal and regulatory impediments and provide practical solutions.
- Relevant
computer skills
- Good
interpersonal and communication skills.
- High sense of
precision and accuracy.
- Organizational
skills and ability to prioritize tasks.
- Ability to build
harmonious working relationship with stakeholders.
Legal Officer, Regulatory Framework
Reports to : Senior Legal Officer, Regulatory Framework
Reports to : Senior Legal Officer, Regulatory Framework
Overall Job Purpose:
Reporting to the Senior Legal Officer, Regulatory Framework, the Legal Officer shall be responsible for carrying out extensive legal research for benchmarking capital markets legal and regulatory framework with international best practice approaches.
Carrying
out legislative drafting in line with benchmark standards to attain the
strategic objectives and policies of the Authority.
Core Duties and Responsibilities
- Carrying out
legal research on benchmark standards on regulatory drafting in capital
markets;
- Drafting of
capital markets legislative instruments;
- Providing
interpretation on application of legal and regulatory framework;
- Participating in
industry consultations on draft legislative instruments;
- Engaging with
internal and external stakeholders to ensure timely development of
transparent and efficient laws, rules and regulations;
- Any other duties
as may be assigned from time to time
Minimum
Qualifications
- Bachelor’s
degree in Law
- Post-graduate
Diploma in Law
- Be an advocate
of the High Court of Kenya with at least 2 years standing.
- Evidence of
training in legislative drafting
- Minimum of two
(2) years’ experience in legal and regulatory framework in the financial
markets.
Added
Advantage
- Experience in an
organization with a regulatory mandate
- Master’s degree
in law
- CPS
- CPA
Skills
Required
- Knowledge of
laws and regulations in the capital markets sector and in the financial
sector.
- Excellent
research and analytical skills.
- High sense of
precision and accuracy.
- Good
interpersonal and communication skills.
- Organizational
skills and ability to prioritize tasks
- Ability to build
harmonious working relationship with stakeholders.
- Relevant
computer skills
- Strategy &
Policy Officer
Strategy & Policy Officer
Reports to : Senior Officer –Strategy & Policy
Overall Job Purpose:
Reporting to the Senior Officer, Strategy and Policy, the Strategy & Policy Officer will be responsible for planning, analyzing and reviewing the impact of various policies on capital markets development and identify impediments to market development with an objective of developing appropriate policy interventions for capital markets development as well as reviewing and updating the Authority's long term strategic plans and ensuring they are aligned to the National policies.
Core Duties and Responsibilities
- Carry out policy
research benchmarking on international best practices to inform policy
actions
- Coordinate
development, review and undertake monitoring and evaluation of the
strategic plan and provide relevant management information.
- Coordinate
development, review and undertake monitoring of the Performance Contract
including collating of evidence from other departments Develop and
maintain a capital markets policy proposals database.
- Prepare policy
memorandum to Treasury on policy and fiscal incentives.
- Assist in writing
grant applications
- Ensure
submission of quarterly and annual reports to Treasury and Vision 2030
- Other duties as
may be assigned from time to time
Minimum
Qualifications
- Degree in
Economics, Finance, Strategic Management, Business Administration, Policy
Analysis or related field.
- Minimum of two
(2) years of relevant work experience, preferably in public policy
analysis or monitoring & evaluation of strategy implementation in a
research institution, government agency, or a private entity
- Knowledge of the
capital markets and good understanding and network of public and private
policy research institutions and regulators within the financial sector.
Skills
Required
- Negotiation
skills
- Strong written,
verbal and interpersonal skills
- Computer skills
- Excellent
research skills and ability to analyse quantitative and qualitative data
- Exceptional
planning and organisational skills
If
your background, experience and competence matches the above specifications,
please send your application, including your current curriculum vitae and other
testimonials to:
The Chief Executive
Capital Markets Authority
P.O Box 74800 – 00200
Nairobi
The closing date is Friday, June 7, 2013. Only shortlisted candidates will be contacted for interviews.
‘’Capital Markets Authority is an Equal Opportunity Employer’’