The role holder will be responsible for ensuring that the Section meets its functional responsibilities and makes these contributions effectively and efficiently. He/she will also be responsible for ensuring that the exchange rate is stable and at a level that supports the decisions of the Monetary Policy Committee (MPC) and the country’s economic policy.

Strategic Responsibilities
1. Contributes as appropriate to the performance of other functions and to the overall achievement of the Bank’s strategic objectives.
2. Works effectively as part of the team to deliver on the Key Result Areas and demonstrates competencies of his/her role.

Technical and Operational Responsibilities
1. Lead and direct the Front Office function to achieve the function’s objectives.
2. Responsible for continuously reviewing and improving the Front Office processes in the function to add value in line with business strategy, while managing and mitigating risk.
3. Ensure that training and development on Front Office activities is offered to staff on a regular basis.
4. Working effectively as part of the Senior Management team to deliver on the Key Result Areas.
5. Responsible for Domestic Forex operations.
6. Responsible for appropriate Central Bank action/intervention in the Domestic Forex Market.
7. Develop forex strategies, operational plans and associated operational budgets.
8. Ensure implementation of approved Monetary Policy action by the MPMC.
9. Make recommendations on Monetary Policy tools including forex purchases/sales etc.
10. Apprise MPMC and Senior Management on developments in the domestic and global forex market.
11. Oversee preparation and dissemination of foreign exchange rates.
12. Develop and implement strategies for achieving the desired level of foreign exchange reserves via purchases from the domestic foreign exchange market.
13. Oversee the purchase/sale of foreign currency.
14. Facilitate forex market surveillance.
15. Responsible for training of staff within the Section on Risk Management and adherence of the same.
16. Evaluate and maintain the Section’s Business Continuity Plan (BCP) and documentation thereof as per the required standards and guidelines.
17. Work as part of the Senior Leadership of FMD to deliver on key initiatives as may be required from time to time.
18. Continuously improve the risk environment with regards to foreign exchange management and appraise the supervisor on the risk status.
19. Mentor, coach and provide support assigned teams to achieve high productivity and objectives for the section.
20. Oversee staff training, capacity building s and succession planning in the section for staff development and business continuity.
21. Ensure the Bank policies, regulations and related legislations among other guidelines and principles are always adhered to.
22. Prepare ad hoc and periodic reports on activities related to their roles and submit to the supervisor in a timely manner.
23. Coordinate with other Departments in the Bank to achieve set goals.
24. Responsive and active team player in line with Bank values.
25. Any other assigned duties and responsibilities.

1. Bachelor’s Degree in Accounting, Business, Finance, Economics or Banking or similar field from a recognised university.
2. Master’s degree in Accounting, Business, Finance, Economics or Banking or similar field is an added advantage.
3. Professional qualification in relevant field of study is an added advantage.

At least ten (10) years’ experience in relevant field with five (5) years in a managerial position.

Technical Competencies
Knowledge and understanding of:
1. Treasury Management.
2. Foreign exchange management and operations.
3. National, Regional, and International statutory trading requirements.
4. Money and Capital markets.
5. Derivatives and Interest rates and pricing.
6. Market, Fundamental and Technical analysis.
7. Pricing and evaluation.
8. Accounting and taxation implications.
9. Structural and financial engineering.
10. Bloomberg.
11. Banking laws and regulations.
12. Central Banking Operations.
13. Governance – knowledge and ability to ensure good governance practices.
14. Analytical –highly analytical and ability to challenge status quo based on quantitative facts and impacts.

Clear understanding of financial markets, banking, and relevant emerging issues in:
1. National, Regional, and International regulatory and statutory requirements.
2. Liquidity forecasting.
3. Repos and Resos.
4. Foreign Exchange.
5. Risk Management.
Behavioural/ General Competencies
1. Leadership and management-ability to lead teams, mentor and coach staff to goal definition and achievement.
2. Performance Management and team building.
3. Decision making- Ability to make strategic decisions in a timely and effective manner and to be accountable for decision making within the Department and role allocation and advise Departments on major and critical decisions required.
4. Professionalism –maintains a professional approach based on ethics and CBK values.
5. Integrity and honesty and ethics – ensures ethical practices and integrity and ensures CBK is not put at reputational risk.
6. Building consensus and influencing-ability to influence various players across all CBK Departments
7. Strong oral and written communication skills- Ability to communicate clearly, simply and in a structured manner; and to use communication tools appropriately and effectively.
8. Customer orientation-is customer focused striking a solid balance between external and internal customer orientation.
9. Resilience – can withstand strategic and operational challenges and maintain momentum.
10. Emotional Intelligence – manages emotions in a mature and composed manner as expected of a leader.

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