The role holder is the Senior Manager of Settlements, Accounting & Control Division and is responsible for ensuring that the Division meets its functional responsibilities and makes these contributions effectively and efficiently.

Strategic Responsibilities
1. Assists the Head of Division with on-going and long-term management and development of the Financial Markets.
2. Contribute as appropriate to the performance of other functions and to the overall achievement of CBK’s strategic objectives
3. Work 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. Oversees the day-to-day processing of transactions in:
i. Foreign Payments.
ii. Forex Settlements, Accounting and Custody.
iii. Domestic settlements.
iv. Reconciliations and budget sections.
2. Responsible for timely, safe, and efficient:
i. Forex and domestic transactions clearing, transactions settlement and reconciliations.
ii. Forex payments and confirmations.
iii. Budgeting.
iv. Accounting.
v. Custodial services.
vi. Cash management.
3. Ensure that payment queries and investigations are resolved in an efficient, effective, and timely manner.
4. Responsible for Third Party guarantees’ confirmations to Government Ministries, Departments and Agencies.
5. Responsible for the reconciliation of banks’ accounts, securities, transactions, payments, and settlements
6. Ensure reports and statements are submitted to stakeholders on a timely basis.
7. Ensure that Government Securities Interests and redemptions payments are processed and paid in an efficient and timely manner.
8. Ensure that funding requests are accurate and submitted to the National Treasury on time.
9. Ensure that interests and redemptions payments are funded on time.
10. Ensure that interests and redemptions accounts are reconciled after every payment date.
11. Contribute to the development of Government Securities (GS) issuance program and strategies.
12. Participate in stakeholder consultations and domestic debt market development initiatives/programs.
13. Ensure proper integration of the Banks overall financial system with SWIFT, RTGS, ORACLE and any other system necessary for proper and timely recording of the transactions.
14. Responsible for the maintenance of customer static data such as SSIs.
15. Responsible for the reconciliations of bank accounts, Government securities’ registers and reports, money market and fixed income securities, forex transactions, among others.
16. Oversee implementation of finance policies and guidelines and internal controls.
17. Provide leadership, appraise, and manage performance of staff within the section.
18. Responsible for Departmental budget preparation and monitoring.
19. Facilitation of internal and external audits.

Other Responsibilities
1. Coach, mentor and motivate staff.
2. Any other assigned duties and responsibilities.

1. Bachelor’s degree in Accounting, Business, Finance, Economics Or Banking or similar field
2. Professional qualification in ICPAK or relevant field study.
3. Master’s degree in Economics, Finance, Banking, or a relevant field is an added advantage.
4. Clear understanding of Financial Markets, Banking, and relevant emerging issues in:
i. National, regional, and international regulatory and statutory requirements.
ii. Foreign payments operations.
iii. Monetary policy operations.
iv. Government borrowing.
v. Foreign Exchange management and operations.
vi. Risk management.

At least ten (10) years’ experience in Financial Analysis, Investment, Portfolio Management, Banking, and any other relevant area; three (3) of which should be in a supervisory capacity.

Technical Competencies
Good knowledge and experience of:
1. Domestic and foreign transactions’ settlement.
2. Portfolio Management.
3. Money markets.
4. Foreign exchange market.
5. Derivatives markets.
6. Interest rates and financial instruments pricing.
7. Fundamental and technical analysis.
8. Financial Markets emerging issues.
9. Domestic Debt Management.
10. Government financial management.
11. Capital markets.
12. Banking laws and regulations.
13. Accounting standards.
14. Finance policies and guidelines.
15. Investments’ accounting and taxation implications.
16. Knowledge of Regional Payments Systems.
17. Strategic Planning.
18. Budgeting and Planning.

Behavioral/ General Competencies
1. Leadership and people management including performance management, coaching & mentoring.
2. Critical and analytical thinking and problem-solving skills.
3. Project management skills.
4. Organisational and administrative skills.
5. Ability to be forward thinking and use technology and other modern tools to drive decision making and implementation.
6. Ability to consider emerging trends, developments and long-term opportunities and align. organisational requirements with desired outcomes.
7. Strategic thinking and decision making.
8. Independence of thought and objectivity.
9. Professionalism, integrity, and honesty in line with CBK values.
10. Good communication skills - oral and written.
11. Ability to withstand strategic and operational challenges and maintain momentum.
12. Emotional intelligence.
13. Governance - knowledge and ability to ensure good governance practices.
14. Ability to manage multiple stakeholders and drive change.

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