The role holder will be responsible for evaluating and assessing the effectiveness, efficiency, and security of the Information Technology Systems and processes of the licensed institutions to ensure compliance with, regulatory requirements, best practices and industry standards.

Strategic Responsibilities
1. Contributes as appropriate to the overall achievement of the Central Bank’s strategic objectives.

Technical and Operational Responsibilities

1. Conduct regular inspections and examinations of Financial Institutions’ ICT systems, evaluating their adherence to internal policies, regulatory guidelines, and best practices.
2. Review systems for effectiveness in preventing fraud, money laundering, and ensuring financial integrity.
3. Assess Disaster Recovery, Business Continuity Planning, and Incident Management procedures in place within institutions.
4. Assess the adequacy of ICT and information systems operations of Financial Institutions, ensuring compliance with regulatory requirements, security protocols, and sound operational practices.
5. Evaluate the ICT infrastructure, Applications, and Security Systems to assess their adequacy in supporting Financial Operations, Security, and Regulatory Compliance.
6. Review and provide recommendations on approval of the introduction of innovative products and requests to outsource ICT services by financial institutions.
7. Review external ICT audit, vulnerability assessment and penetration testing reports submitted by Financial Institutions and enrich the institution’s risk profile based on the findings.
8. Ensure that Financial Institutions comply with CBK Prudential Guidelines and Regulations, Risk Management Guidelines, Data protection laws, and international standards related to IT systems and Cybersecurity (e.g., ISO 27001, NIST, Basel Committee guidelines).
9. Identify and assess emerging risks related to ICT systems, such as Cybersecurity threats, operational vulnerabilities, and technology governance issues.
10. Provide guidance and support to Financial Institutions to improve their IT systems, security practices, and Risk Management frameworks.
11. Contribute to the development and refinement of regulatory policies, frameworks, and guidelines related to IT governance, Cybersecurity, and Technology Risk Management within the Financial sector.
12. Keep abreast of Technological trends, Cybersecurity threats, and Innovations in Financial Services technology to ensure the CBK’s regulatory frameworks remain relevant and effective.
13. Monitor ongoing technological advancements in Financial Institutions and evaluate their impact on the Financial system’s stability.
14. Any other responsibility as may be assigned by the Line Manager.

1. Bachelor’s Degree in Mathematics, Actuarial Science, Statistics, Engineering, Data Science, Computer Science, Economics, Finance or related discipline from a reputable university.
2. Certifications such as Certified Information Systems Auditor (CISA), Certified Information Security Manager (CISM), or Certified Public Accountant (CPA) with IT audit experience or related discipline
3. Active membership in at least one (1) relevant professional body.

At least two (2) year post-qualification experience in Prudential/Bank Supervision, ICT, Engineering, Project Management, Statistics, Actuarial Science, Financial Analysis, Auditing, Accounting, Commercial Banking operations and any other relevant area.

Technical Competencies
1. In-depth knowledge of auditing practices, information security management, and regulatory compliance, specifically related to the Banking and Financial sectors.
2. Good understanding of internationally accepted best practices for effective Bank Supervision and their application in supervision design and implementation
3. Analytical skills to assess the effectiveness of IT controls and identify vulnerabilities.

Behavioural/ General Competencies
1. Leadership and management-ability to take responsibility for assigned tasks and to be part of a high performing team.
2. Communication - ability to speak clearly, fluently and in a compelling manner to both individuals and groups, ability to write in a clear and concise manner, using appropriate grammar, style and language for the reader and have good presentation skills.
3. Interpersonal skills- creates rapport with others and develops effective communication and team spirit with colleagues.
4. Personal Motivation and Drive- commits self to work hard towards goals. Shows enthusiasm and career commitment.
5. Adaptability/Flexibility - ability and willingness to be flexible, to adapt to and work effectively within a variety of changing situations and with various individuals and groups.
6. Professionalism –maintains a professional approach based on ethics and CBK values.
7. Integrity and honesty and ethics- ensures ethical practices and integrity and ensures CBK is not put at reputational risk.
8. Resilience – is able to withstand strategic and operational challenges and maintain momentum.
9. Emotional Intelligence-manages emotions in a mature and composed manner as expected of a CBK staff member.

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