The Capital Markets Authority is a
statutory agency charged with the responsibility of regulating and developing
an efficient capital market in Kenya.
Financial Analyst
Ref: HCAIFAI6/2015
1 Position
Reporting to the Assistant Manager,
Financial Analysis, and the selected candidate will be responsible for;
·
Evaluating financial projects
involving analysis and interpretation of periodical financial statements of
listed companies, market intermediaries and new applications to issue
securities or applications for new licenses.
·
Assessing level of compliance of
financial reports and regulatory disclosures with Capital Markets Rules and
Regulations, in order to safeguard and protect investor interests and support
internal customers in market supervision
·
Conducting regular and ad-hoc
analysis of periodical financial statements for market intermediaries and
listed companies to ensure compliance with capital markets rules and
regulations.
·
Reviewing applications for approval
and licensing of market intermediaries, and assess business plans for
consistency and viability
·
Reviewing prospectuses and
information memoranda for potential or actual material accounting or financial
reporting deficiencies to ensure investors are provided with accurate
information on which to base their investment decisions, and to support
internal customers in compliance, surveillance risk analysis and research
·
Conducting analysis of financial statements
submitted in support of applications by listed companies such as approval of
bonus, rights of IPO issues including capital markets instruments, corporate
bonds, commercial papers, and complex asset backed securities including
financial projections to ensure compliance with capital markets rules and
regulations.
·
Reviewing analysis of financial data
and method used by issuers of securities to arrive at valuations for
offers to the public in order to determine their objectiveness.
·
Analysing financial statements to
ensure that financial reporting of licensees and listed companies is in line
with the requirements of IFRS.
·
Maintaining and updating databases
relating to financial data, including submission of accounts, publication of financial
statements, summaries of financial analysis, etc.
·
Comparing financial information
submitted to the Authority by licensees and listed companies with the published
financial statements and highlight any inconsistencies.
·
Conducting inspections and investigations
and giving recommendations for the registration and licensing of companies to
operate in the country’s securities market.
·
Monitoring changes in IFRS and note
if the same is being adopted by licensees and listed companies.
·
Reviewing indicators and incidents of
financial fraud, fraudulent market operations like insider trading and money
laundering as well as failures to meet regulatory obligations and recommend
administrative and legal sanctions in line with CMA requirements.
·
Undertaking any other
responsibilities as and when assigned.
Minimum Qualifications and Experience
Qualification:
·
An upper second Bachelor’s Degree in
a Business field, Science or any other relevant area
·
CPA(K), CFA or equivalent will be
preferred.
Experience:
·
A minimum of two (2) years relevant
work experience in a reputable organisation.
Key Skills, Knowledge &
Competencies
·
Knowledge of financial and accounting
procedures in relation to capital markets operations as well as financial
sector operations
·
Strong analytical skills
·
Good presentation and communication
skills including the ability to write reports
·
Proficiency in computer applications
such as Microsoft Word, Excel, Access, PowerPoint and Outlook express including
financial and statistical packages
·
Interpersonal and cross-cultural
skills
·
Ability to maintain high standards of
integrity; establish straightforward, productive relationships
·
Ability to treat individuals with
fairness and respect, demonstrating sensitivity for ethnic, cultural and gender
differences.
·
Ability to work well in a team
·
Ability to meet tight deadlines as
well as work with minimal supervision
·
Strong organization and analytical
skills as well as keenness to details
·
Ability effectively interpret
financial information
·
Unquestionable Ethics, Integrity and
Professionalism
Product Development Officer
Ref: HCA/PDO/7/2015
2 Positions
Reporting to the Assistant Manager Market Development, the Product Development Officer is responsible for:
·
Providing technical support to the
department as well as undertaking data collection, research and product
development activities.
·
Preparing research and surveys’
reports on existing and new capital market products and services, performance,
characteristics and trends as well as business practices.
·
Analysing and making recommendations
on local applications of evolving global trends on capital markets products
·
Supporting effective implementation
or operationalisation of research recommendations and assessing impact of
policy implementation.
·
Maintaining and updating feasibility
study reports, research analysis and survey findings for purposes of decision
making.
·
Following up implementation of
policies, procedures, methodologies and quality standards for introducing new
products and services into the capital markets.
·
Preparing weekly, monthly, and annual
reports or such other reports as may be required from time to time.
·
Performing all duties related to
relevant data handling (including mining, collection, collation and
maintenance).
Minimum Qualifications and Experience
Qualifications:
·
At least an upper second honours
Bachelor’s degree in Marketing, Finance, Economics or any other related field;
Experience: At least two (2) years demonstrable
experience in product development in the financial sector with good skills in
applied/operational/exploratory research.
Key Skills, Knowledge & Competencies
·
Good research skills
·
Knowledge on use of research tools
and applications
·
Presentation and communication skills
including ability to write reports;
·
Proficiency in computer applications
such as Microsoft Word, Excel, Access, PowerPoint and Outlook express and
statistical packages;
·
Interpersonal and cross-cultural
skills including ability to build alliances and collaborative relationships
with sensitivity to diversity;
·
Ability to maintain high standards of
integrity; establish straightforward, productive relationships; and
·
Ability to treat individuals with
fairness and respect, demonstrating sensitivity for ethnic, cultural and gender
differences.
·
Ability to meet tight deadlines as
well as work with minimal supervision
·
Ability to work effectively and
efficiently in a team
·
Organization and analytical skills
·
Unquestionable Ethics, Integrity and
Professionalism
Market Infrastructure Systems Officer
Ref: HCA/MISO/4/2015
1 Position
Reporting to the Assistant Manager,
Risk Analysis & Compliance the selected candidate will be responsible for:
·
Analyzing all market systems to
establish, assess, and document the risks as well as the mitigations required
to address the gaps identified.
·
Analyzing risk and over sighting of
all market infrastructure systems operating in or being introduced tothe market
which shall include but not limited to anyATS system, Derivative systems, CDS
Systems, Broker Back Office systems, Market Surveillance systems, market data
providers
·
Conducting research and supporting
evaluation processes to determine best system technical requirements and future
needs of the market and available options.
·
Analyzing impact of proposed
solutions across all the market infrastructure, applications development and
business areas.
·
Developing, testing, and documenting
systems in accordance with infrastructure standards and validation procedures
·
Negotiating timelines,
responsibilities, and deliverables for new systems or change requests
·
Based on risk assessment, propose
upgrades to the existing systems to achieve operational efficiency and
security.
·
Evaluating and sharing information
from thorough assessment of overall business and internal control factors of intermediaries
and if systems in use are adequate
·
Maintaining a comprehensive risk
database that includes all identified risks in the market infrastructures
and occasionally provide a trend analysis to inform decision making.
·
Participate in onsite inspections of
market participants to evaluate their systems with a view to highlighting areas
of weakness
·
Undertake any other responsibilities
as may be assigned from time to time.
Minimum Qualifications and Experience
·
An upper second honours Undergraduate
degree in Engineering, Computer Science or Business Information Technology
·
CISA will be an added advantage
Experience:
·
Three (3) years relevant experience
in a similar position
Key Skills, Knowledge &
Competencies
·
Pro-active and self-driven with a
great eye for detail, strong analytical skills and a strong desire to truly
understand the capital markets
·
Strong quantitative and technological
training
·
Savvy ICT expert with ability to
contextualize the market systems role as against best practice
·
Ability to work effectively and
efficiently in a team
·
Presentation and communication skills
including ability to write reports;
·
Proficiency in computer applications
such as Microsoft Office, Outlook express, financial and statistical packages;
·
Ability to maintain high standards of
integrity; establish straightforward and productive relationships;
·
Ability to meet tight deadlines as
well as work with minimal supervision
·
Experience as a systems analyst or
Technical Business Analyst
·
Strong skills in IT security
·
Unquestionable Ethics, Integrity and
Professionalism
Enforcement Officer
Ref: HCA/EO/1/2015
1 Position
Reporting to the Assistant Manager Enforcement, the selected candidate will be responsible for;
·
Providing technical assistance to the
enforcement department and ensuring enforcement actions are adhered to.
·
Assisting in the review of
enforcement process to establish criteria and procedures for development of
Enforcement Standards in consultation with lead agencies;
·
Reviewing Investigation reports on
violations.
·
Drafting Enforcement Memo’s
recommending appropriate enforcement action.
·
Drafting and sending Notice to show
cause and Enforcement Action letters.
·
Identifying relevant Enforcement
Action and contraventions under the Act and regulations
·
Preparing reports and opinions.
·
Communicating with licensees via
email and letters.
·
Developing and updating the
enforcement register and enforcement actions.
·
Liaising with relationship managers
of different licensees to confirm position of matters.
·
Assisting with the development and
updating of Enforcement Manual.
·
Preparing documentation for audit on
a quarterly and annual basis or as may be needful.
·
Educating and informing external and
internal clients on enforcement policies and procedures.
·
Ensuring information and
documentation is issued to both the internal and external clients within the
prescribed timeframe.
·
Undertaking any other
responsibilities assigned.
Minimum Qualifications and Experience
Qualifications:
·
At least an upper second honours
Bachelor’s degree in Law, Business, Economics, Finance, Sciences or any other
relevant field.
·
Being an advocate of the High Court
of Kenya, professional qualification such as CPAK, CFE, CPS-K etc. will be an
added advantage
Experience: A minimum of two (2) years relevant work
experience in enforcement processes in the financial sector.
Key Skills, Knowledge &
Competencies
·
Good understanding of capital markets
& financial sector operations and the enforcement of the same.
·
Good understanding of the Kenyan
legislative system.
·
Presentation and communication skills
including ability to write reports;
·
Proficiency in computer applications
such as Microsoft Word, Excel, Access, PowerPoint and Outlook express including
financial and statistical packages;
·
Interpersonal and cross-cultural
skills including ability to build alliances and collaborative relationships
with sensitivity to diversity;
·
Ability to treat individuals with
fairness and respect, demonstrating sensitivity for ethnic, cultural and gender
differences.
·
Ability to meet tight deadlines as
well as work with minimal supervision
·
Ability to work effectively and
efficiently in a team
·
Organization and analytical skills
·
Unquestionable Ethics, Integrity and
Professionalism
Systems Specialist - Finance
Ref: HCA/ERP - F/11/2015
1 Position
Reporting to Manager Finance with
operational interaction with Director Corporate Services on
systems design and approval the selected candidate will be responsible for:
systems design and approval the selected candidate will be responsible for:
Key Duties & Responsibilities:
·
Identifying automation and process
improvement opportunities in operations and lead in development and maintenance
of automation tools to improve efficiency especially within internal
operations.
·
Developing and installing tools that
will optimize processing of accumulated data into useful inputs for decision
making.
·
Supporting the Finance Manager in
reviewing, enhancing and sustaining automation of entire scope of financial
reports for internal and external purposes in the ERP for ease of continuous
monitoring and reporting.
·
Supporting process owners by leading
in development of tools to facilitate ease of compliance with KRA, PPOA,
Ministerial and other legal and procedural compliance issues as might arise
from time to time,
·
Championing the design ,interface and
integration between Microsoft Dynamics NAV ERP and Office 365 Power BI for
effective support in decision making,
·
Supporting Procurement Head in
automaton of processes including effective integration and usage of
e-procurement in IFMIS.
·
Working with the ICT to identify
unutilized capabilities of the ERP system and propose solutions
·
Supporting HR in delivery and
sustaining e-recruitment, eLearning, Score cards and other Admin systems to
drive efficiency and reliability.
·
Being a reference point for users on
capabilities of ERP and other management tools and adoption of latest
technologies in service delivery.
·
With time invest 20% - 40% of time in
accounting and other operations related duties.
·
Performing any other duties that may
be assigned from time to time
Minimum Qualifications and Experience
Education
·
An upper second BSC- Information
Technology, Software Engineering, Computer Science or its equivalent.
·
A recognized ICT professional
qualification/certification relevant to financial/customer service systems
development
·
Microsoft Certified Solutions
Developer (MCSD). A specialization in Microsoft Dynamics will be an added
advantage
·
A full or partial accounting
qualification or a commitment to pursue such a qualification will be required
of the right candidate.
Experience: Demonstrable 2 years’ experience in actual
development of financial or customer service solutions in a reputable
organization
Key Skills, Knowledge & Competencies:
·
Experience in ERP environment.
·
An understanding of the workings of a
Finance department in a medium to large organization.
·
Self-starter.
·
High level of attention to detail,
analytical and report writing skills
·
Effective interpersonal skills.
·
Unquestionable Ethics, Integrity and
Professionalism
Risk Analysis Officers
Ref: HCA/RAO/4/2015
2 Positions
Reporting to the Assistant Manager,
Risk Analysis & Compliance the selected candidate will be responsible for:
·
Measuring, analyzing and reporting
risk posed by market participants and infrastructure providers, including
monitoring adherence to regulatory conditions.
·
Reviewing and analyzing varieties of
quantitative and non-quantitative measures to guide risk assessment to
determine intermediaries risk profiles.
·
Assessing the governance and
financial strengths of market participants and infrastructure providers to
determine acceptable levels of risk exposure
·
Analyzing the risks inherent in the
products offered by market participants across all asset classes including new
complex derivative transactions
·
Participating in evaluating potential
risks to market and systematic stability arising from newly introduced products
and business lines in the market.
·
Participating in business
relationship management by covering specific portfolio of intermediaries and or
infrastructure providers with a responsibility for maintaining a close
relationship with and deep understanding of assigned firms in order to identify
business developments that could potentially impact firm’s risk profile
·
Evaluating and sharing information
for a thorough assessment of the overall business environmental and internal
control factors of intermediaries’ and infrastructure providers and developing
trending analysis.
·
Reviewing of business practices,
changes in key personnel, changes in nature of service/products offered by
market participants to identify key risks
·
Preparing a bi-annual risk profiling
summary reports highlighting intermediaries risk profiles to inform proper
allocation of regulatory resources
·
Maintaining a comprehensive risk
database that includes the profiles of the various intermediaries and
infrastructure providers with highlights of key vulnerabilities and applicable
trend analysis
·
Visiting intermediaries to evaluate
their risk management processes and advise on ways of improvement
·
Circulation of risk and corporate
governance questionnaires to market participants and review self-assessment
reports from market participants
·
Organizing workshops to sensitize
market participants on key risks identified in the market and mitigation
measures
·
Undertaking any other
responsibilities as may be assigned from time to time.
Minimum Qualifications and Experience
·
An upper second honours Undergraduate
degree in Engineering, Actuarial Science, Computer Science, Finance and
Accounting, mathematics or any other relevant field.
Experience: Demonstrable Two (2) years relevant
experience in a reputable organisation in audit or risk analysis roles.
Key Skills, Knowledge & Competencies
·
Pro-active and self-driven people
with a great eye for detail, strong analytical skills and a strong desire to
truly understand the capital markets
·
Strong quantitative and technological
training
·
Presentation and communication skills
including ability to write reports;
·
Proficiency in computer applications
such as Microsoft Word, Excel, Access, PowerPoint and Outlook express including
financial and statistical packages;
·
Ability to meet tight deadlines as
well as work with minimal supervision
·
Ability to work effectively and
efficiently in a team
·
Unquestionable Ethics, Integrity and
Professionalism
Senior Officer - Risk Management
Ref: HCA/SORM/9/2015
1 Position
Reporting to Manager, Internal Audit & Risk Management, the selected candidate will be responsible to:
·
Coordinating the implementation on
enterprise wide risk management framework, policy, procedures and systems in
order to minimize Authority’s risk exposure and fraud activities.
·
Contributing to effective management
and reporting of risks within the Authority.
·
Facilitating the carrying out of risk
assessments to determine the risk profile of the Authority, identifying risk
control capacity gaps and exposure in the Authority operations, governance, ICT
and financial operations.
·
Reviewing, implementing and
maintaining the enterprise-wide risk management strategy, policy and framework
as approved by the Board.
·
Participating in devising improvement
strategies for these risk mechanisms and controls.
·
Managing the Authority fraud risk
assessment and prevention procedures and maintain and update the Authority’s
risk register.
·
Monitoring and evaluating the
effectiveness of the Authority’s risk management system.
·
Monitoring and evaluating the status
of risk management and general compliance of the Authority.
·
Coordinating the preparation and
presentation of periodic reports to the Audit, Corporate Governance & Risk
Management Committee and management as and when required.
·
Providing secretarial support to the Risk
Management Committee.
Minimum Qualifications and Experience
Qualification:
·
Upper second or equivalent Bachelor’s
Degree in Business or related field
·
Membership with a professional body
·
Professional qualification in risk
management or advanced progress towards certification will be required.
Experience:
·
4 years of relevant experience in a
reputable organization.
Key Skills, Knowledge &
Competencies
·
Integrity.
·
Risk management and audit processes.
·
General fraud prevention strategies.
·
Problem solving and analysis.
·
Computer literacy.
·
Team player.
·
Professionalism.
·
Initiative and self-drive for high
quality performance.
·
Excellent communication and
interpersonal skills.
·
Negotiation skills.
·
Unquestionable Ethics, Integrity and
Professionalism
Systems Network & Security
Administrator
Ref:
HCA/SNSA/2/2015
1 Position
Reporting to Assistant Manager ICT, the selected candidate will be:
·
Administering, configuring and
ensuring Network Connectivity of all users and IT resources to the organizational
network.
·
Creating and maintaining
documentation of Network infrastructure, resources, maintenance, operating and
troubleshooting procedures.
·
Ensuring proper backing up of
organizational data.
·
Ensuring all important data is
included in the scheduled backups.
·
Coordinating and strictly enforcing
the implementation of data backup procedures.
·
Performing routine backup
restorations to verify backup is operational
·
Modifying backup schedule as required
to ensure all important data is fully backed up at all times.
·
Administering Disaster Recovery
Processes.
·
Implementing Network Security
measures to protect information, software and hardware
·
Monitoring Network Access and Use.
·
Ensuring Anti-virus software is up to
date, and provide solutions in case of virus attacks.
·
Providing monitoring and primary
response and intervention for information technology related security incidents
and violations.
·
Researching and providing advice on
emerging trends in the ICT industry and recommend new equipment and services
for the Authority
·
Implementing and documenting Network
and Security Changes, checks, problems, incidents
·
Diagnosing, troubleshooting, and
resolving user software, hardware issues, and replace defective components when
necessary.
·
Implementing and maintaining a master
console to perform monitoring of Network and Computer systems critical
functions.
·
Proposing and implementing system
enhancements (software and hardware updates) that will improve the performance
and reliability of the systems managed by the Authority.
·
Any other duties and responsibilities
as assigned from time to time.
Minimum Qualifications and Experience
Qualification:
·
At least an upper second honours
degree in Computer Science or IT related disciplines from a reputable
institution.
·
A recognized certification in network
management and security will be preferred.
Experience:
·
2 years’ experience managing computer
networks in a reputable organization.
Key Skills, Knowledge &
Competencies
·
Ability to work independently and
effectively under pressure and within tight deadlines.
·
Extensive experience in hardware and
software support and management.
·
Ability to integrate and converge
modern technologies.
·
Ability to think on the spot and
creatively provide solutions to IT problems.
·
Attention to detail.
·
Good analytical and problem solving
skills.
·
Great Interpersonal skills.
·
Unquestionable Ethics, Integrity and
Professionalism
Senior Human Resource Officer - Training
& Development
Ref: HCA/SHRO/3/2015
1 Position
Reporting to the Manager Human Capital and Administration, the selected candidate will be:
·
Coordinating change management
initiatives
·
Implementing training and development
initiatives working closely internally with line managers and externally with
service providers.
·
Coordinating the day to day
operations of the Training and Development Function, liaise with Heads of
departments and staff in identification of training needs in line with the
strategic plan and emerging business needs.
·
Consolidating the annual training
needs into an annual training plan and oversee its implementation.
·
Implementing the internship programme
in liaison with directorates and departments as per the laid down policy
·
Monitoring submission of training
reports, evaluations and other relevant documents by staff after training,
coordinate the evaluation of training to determine return on investment and its
effectiveness in line with targeted business needs.
·
Implementing the staff induction
programme in line with the policy.
·
Coordinating the implementation of
the Club membership policy, prepare, monitor and implement the training budget.
·
Liaising with external training providers
on training arrangements and organizes in house trainings as required.
·
Participating in the implementation
of the performance management system which includes preparation of reports and
monitoring of trends and consolidation of training needs among others.
·
Organizing logistics for staff on
training including but not limited to travel requirements
·
Performing any other duties as may be
lawfully assigned from time to time.
Minimum Qualifications and Experience
Qualification:
·
An upper second honours degree in
business, social studies or a technical field backed by with a
·
Higher Diploma in Human Resource
Management
Experience:
·
4 years’ experience in Human
Resources services with hands on exposure in actual implementation of change
management, training and development programmes in a reputable organization.
Key skills, Knowledge &
Competencies
·
Computer skills.
·
Knowledge of relevant policies and
procedures.
·
Planning skills.
·
Excellent interpersonal skills.
·
Communication Skills (Written and
oral).
·
Flexibility.
·
Attention to Detail and Accuracy.
·
Report writing skills.
·
Unquestionable Ethics, Integrity and
Professionalism
Licensing & Approvals Officers
Ref: HCA/LAO/5/2015
2 Positions
Reporting to the Assistant Manager,
the selected candidate will be responsible for;
·
Assisting in review of applications
for approvals for issue of securities.
·
Undertaking legal compliance review
of applications for licensing including by Fund Managers, Securities and
Derivative Exchanges, Collective Investment Schemes, Investment Banks and Real
Estate Investment Schemes.
·
Undertaking legal review of
applications for various approvals such as rights issues, share splits, mergers
& acquisitions, advertisements, bonus Issue, private transfers etc.
·
Reviewing notices, announcements and
advertisements by market intermediaries and listed companies and making
recommendations of the suitability for publication.
·
Undertaking fit and proper
assessments of directors and key personnel.
·
Maintaining databases relating to
licensing and approvals applications.
·
Undertaking research on emerging
capital markets products and services to supplement review of applications.
·
Preparing legal opinions on the
impact of the Laws of Kenya and applicable international standards on
applications under consideration
·
Preparing performance reports on key
performance indicators.
·
Responding to queries and
correspondence from various internal and external parties on the licensing and
approvals requirements.
·
Attending and participating in the
work of ad hoc committees as shall be assigned.
·
Undertaking any other tasks as may be
assigned from time to time.
Minimum Qualifications and Experience
Qualification:
·
At least an upper second honors
Bachelors’ Degree in Law, Business Studies, Finance, Economics or related
fields
Experience:
·
Up to Two (2) years relevant
experience in a legal environment, financial market or related field in a
reputable organization.
Key skills, Knowledge &
Competencies
·
Presentation and communication skills
including ability to write reports;
·
Proficiency in computer applications
such as Microsoft Word, Excel, Access, PowerPoint and Outlook express including
financial and statistical packages;
·
Interpersonal and cross-cultural
skills including ability to build alliances and collaborative relationships
with sensitivity to diversity;
·
Ability to maintain high standards of
integrity; establish straightforward, productive relationships; and
·
Ability to treat individuals with
fairness and respect, demonstrating sensitivity for ethnic, cultural and gender
differences.
·
Ability to meet tight deadlines as
well as work with minimal supervision
·
Ability to work effectively and
efficiently in a team
·
Organization and analytical skills
·
Unquestionable Ethics, Integrity and
Professionalism
If your background, experience and
competence match the specifications outlined, please send your application,
quoting the reference of the position you are interested in, including your
current curriculum vitae, copies of your certificates and other testimonials,
salary history, three referees (one of who must be either your current or
previous employer), day telephone number, e-mail address and details of your
current salary and benefits to:
The Chief Executive
Capital Markets Authority
UpperHill, Longonot Rd
3rd Floor, Embankment Plaza,
P. O Box 74800 – 00200,
Nairobi
Applications should be received on or before May14, 2015
Only shortlisted candidates will be contacted for interviews.
“Capital Markets Authority is an Equal Opportunity Employer.
Persons with disabilities are
encouraged to apply.