Assistant Director, Risk and Bank Examination at Kenya Deposit Insurance Corporation

1 month ago


Nairobi, Kenya Kenya Deposit Insurance Corporation Full time

KDIC is a statutory institution established under the Kenya Deposit Insurance Act, 2012 (KDI Act, 2012). The Corporation is mandated to provide a deposit insurance scheme for customers of member institutions, to provide incentives for sound risk management and generally promote the stability of the financial system and prompt resolution.
Duties and Responsibilities:

Coordinate the formulation and review of policies, guidelines, procedures, and tools for on-site and off-site examination of commercial and microfinance banks licensed by the Central Bank of Kenya (CBK) to detect potential distress early.
Coordinate the implementation and review of strategies, guidelines, and procedures for stress testing of banks to identify potential distress early.
Develop strategies, methodologies, and guidelines for incentivizing sound risk management in commercial and microfinance banks regulated by CBK.
Supervise the implementation and review of policies, strategies, and frameworks to enhance financial soundness and minimize risks in the banking system.
Coordinate policies and strategies for Systemic Impact Assessment and Viability Assessment of banks to plan for prompt resolution of problem banks.
Lead the development, implementation, and review of policies for financial crisis preparedness and management in commercial and microfinance banks.
Supervise the development, implementation, and review of Bank Resolution Planning and Resolvability Assessment policies for problem banks.
Coordinate the use of innovation, technology, and business process re-engineering to improve service delivery and address emerging trends in bank examination and risk management.
Manage the planning and execution of on-site and off-site examination schedules for banks.
Oversee the preparation and access of relevant bank examination reports for policy and guideline development.
Implement procedures for risk-based assessment, rating, and reporting of banks.
Coordinate stress testing activities for commercial and microfinance banks.
Conduct training and capacity-building programs on crisis preparedness and management.
Supervise data analysis and reporting on the financial performance of banks.
Manage dispute and complaint resolution processes to protect the Corporation's interests.
Implement data protection and management processes in accordance with approved policies.
Articulate the Corporation’s mandate in industry forums and stakeholder engagements.
Manage day-to-day operations of the Department and develop strategic objectives.
Oversee the implementation and review of performance management systems.
Draft policy proposals, responses, and position papers on bank examination and resolution.
Foster collaborations and partnerships with stakeholders and relevant entities.
Implement Board resolutions and internal and external audit recommendations.
Provide regular reports and updates to senior management.
Appraise the performance of departmental staff and oversee their training and development.
Implement change management and business process re-engineering initiatives.
Develop and enforce internal monitoring and control systems.
Manage resolution of public complaints and requests for information.
Develop and monitor Quality Management Systems and Information Security Management Systems.
Supervise knowledge management and dissemination activities.
Develop and review the Department’s citizen service delivery charter.
Implement corruption prevention and mitigation strategies.
Ensure adherence to Corporate Governance principles and relevant policies.
Supervise staff training, coaching, mentoring, and development programs.

Requirements for Appointment:

At least eight (8) years of relevant work experience, with five (5) years in a managerial role.
Bachelor’s Degree in Commerce, Finance, Economics, Actuarial Science, Business Information Technology, Business Management, Business Administration, or equivalent.
Master’s degree in related fields is an added advantage.
Professional qualification in accounting, risk management, actuarial science, financial analysis, or fraud examination.
Management course certification is desirable.
Proficiency in computer applications.
Membership in professional bodies such as ICPAK, GARP, ICIFA, IRM, CFA, ACFE, PRMIA, IIA, ISACA, CRM, or Actuarial Society.
Professional qualification in accountancy, risk management, financial analysis, fraud examination, internal audit, information technology, or actuarial science.



  • Nairobi, Kenya Kenya Deposit Insurance Corporation Full time

    KDIC is a statutory institution established under the Kenya Deposit Insurance Act, 2012 (KDI Act, 2012). The Corporation is mandated to provide a deposit insurance scheme for customers of member institutions, to provide incentives for sound risk management and generally promote the stability of the financial system and prompt resolution. Duties and...


  • Nairobi, Kenya Kenya Deposit Insurance Corporation Full time

    KDIC is a statutory institution established under the Kenya Deposit Insurance Act, 2012 (KDI Act, 2012). The Corporation is mandated to provide a deposit insurance scheme for customers of member institutions, to provide incentives for sound risk management and generally promote the stability of the financial system and prompt resolution. Duties and...


  • Nairobi, Kenya Kenya Deposit Insurance Corporation Full time

    ABOUT THE COMPANYThe Kenya Deposit Insurance Corporation (formerly Deposit Protection Fund Board) is a significant player in the financial sector as it provides a safety-net for the savings, banking and payments systems in the Republic of Kenya.JOB SUMMARYRequirements for Appointment:At least eight (8) years of relevant work experience, with five (5) years...


  • Nairobi, Nairobi Area, Kenya Kenya Deposit Insurance Corporation Full time

    ABOUT THE COMPANYThe Kenya Deposit Insurance Corporation (formerly Deposit Protection Fund Board) is a significant player in the financial sector as it provides a safety-net for the savings, banking and payments systems in the Republic of Kenya.JOB SUMMARYRequirements for Appointment:At least eight (8) years of relevant work experience, with five (5) years...


  • Nairobi, Nairobi Area, Kenya Kenya Deposit Insurance Corporation Full time

    KDIC is a statutory institution established under the Kenya Deposit Insurance Act, 2012 (KDI Act, The Corporation is mandated to provide a deposit insurance scheme for customers of member institutions, to provide incentives for sound risk management and generally promote the stability of the financial system and prompt resolution.Duties and Responsibilities:...


  • Nairobi, Nairobi Area, Kenya Kenya Deposit Insurance Corporation Full time

    KDIC is a statutory institution established under the Kenya Deposit Insurance Act, 2012 (KDI Act, The Corporation is mandated to provide a deposit insurance scheme for customers of member institutions, to provide incentives for sound risk management and generally promote the stability of the financial system and prompt resolution.Duties and Responsibilities:...


  • Nairobi, Kenya Kenya Deposit Insurance Corporation Full time

    ABOUT THE COMPANYThe Kenya Deposit Insurance Corporation (formerly Deposit Protection Fund Board) is a significant player in the financial sector as it provides a safety-net for the savings, banking and payments systems in the Republic of Kenya.JOB SUMMARYRequirements for Appointment:At least eight (8) years of relevant work experience, with five (5) years...


  • Nairobi, Nairobi Area, Kenya Kenya Deposit Insurance Corporation Full time

    ABOUT THE COMPANYThe Kenya Deposit Insurance Corporation (formerly Deposit Protection Fund Board) is a significant player in the financial sector as it provides a safety-net for the savings, banking and payments systems in the Republic of Kenya.JOB SUMMARYRequirements for Appointment:At least eight (8) years of relevant work experience, with five (5) years...


  • Nairobi, Kenya Kenya Deposit Insurance Corporation Full time

    KDIC is a statutory institution established under the Kenya Deposit Insurance Act, 2012 (KDI Act, 2012). The Corporation is mandated to provide a deposit insurance scheme for customers of member institutions, to provide incentives for sound risk management and generally promote the stability of the financial system and prompt resolution. Duties and...


  • Nairobi, Kenya Kenya Deposit Insurance Corporation Full time

    KDIC is a statutory institution established under the Kenya Deposit Insurance Act, 2012 (KDI Act, 2012). The Corporation is mandated to provide a deposit insurance scheme for customers of member institutions, to provide incentives for sound risk management and generally promote the stability of the financial system and prompt resolution. Duties and...


  • Nairobi, Nairobi Area, Kenya Kenya Deposit Insurance Corporation Full time

    KDIC is a statutory institution established under the Kenya Deposit Insurance Act, 2012 (KDI Act, The Corporation is mandated to provide a deposit insurance scheme for customers of member institutions, to provide incentives for sound risk management and generally promote the stability of the financial system and prompt resolution.Duties and responsibilities...


  • Nairobi, Kenya Kenya Deposit Insurance Corporation Full time

    ABOUT THE COMPANYThe Kenya Deposit Insurance Corporation (formerly Deposit Protection Fund Board) is a significant player in the financial sector as it provides a safety-net for the savings, banking and payments systems in the Republic of Kenya.JOB SUMMARYRequirements for Appointment:At least four (4) years’ experience in financial analysis, risk...


  • Nairobi, Nairobi Area, Kenya Kenya Deposit Insurance Corporation Full time

    ABOUT THE COMPANYThe Kenya Deposit Insurance Corporation (formerly Deposit Protection Fund Board) is a significant player in the financial sector as it provides a safety-net for the savings, banking and payments systems in the Republic of Kenya.JOB SUMMARYRequirements for Appointment:At least four (4) years' experience in financial analysis, risk management,...


  • Nairobi, Kenya Kenya Deposit Insurance Corporation Full time

    KDIC is a statutory institution established under the Kenya Deposit Insurance Act, 2012 (KDI Act, 2012). The Corporation is mandated to provide a deposit insurance scheme for customers of member institutions, to provide incentives for sound risk management and generally promote the stability of the financial system and prompt resolution. Duties and...


  • Nairobi, Kenya Kenya Deposit Insurance Corporation Full time

    KDIC is a statutory institution established under the Kenya Deposit Insurance Act, 2012 (KDI Act, 2012). The Corporation is mandated to provide a deposit insurance scheme for customers of member institutions, to provide incentives for sound risk management and generally promote the stability of the financial system and prompt resolution. Duties and...


  • Nairobi, Kenya Kenya Deposit Insurance Corporation Full time

    KDIC is a statutory institution established under the Kenya Deposit Insurance Act, 2012 (KDI Act, 2012). The Corporation is mandated to provide a deposit insurance scheme for customers of member institutions, to provide incentives for sound risk management and generally promote the stability of the financial system and prompt resolution. Reference...


  • Nairobi, Kenya Kenya Deposit Insurance Corporation Full time

    KDIC is a statutory institution established under the Kenya Deposit Insurance Act, 2012 (KDI Act, 2012). The Corporation is mandated to provide a deposit insurance scheme for customers of member institutions, to provide incentives for sound risk management and generally promote the stability of the financial system and prompt resolution. Duties and...


  • Nairobi, Kenya Kenya Deposit Insurance Corporation Full time

    KDIC is a statutory institution established under the Kenya Deposit Insurance Act, 2012 (KDI Act, 2012). The Corporation is mandated to provide a deposit insurance scheme for customers of member institutions, to provide incentives for sound risk management and generally promote the stability of the financial system and prompt resolution. Duties and...


  • Nairobi, Kenya Kenya Deposit Insurance Corporation Full time

    KDIC is a statutory institution established under the Kenya Deposit Insurance Act, 2012 (KDI Act, 2012). The Corporation is mandated to provide a deposit insurance scheme for customers of member institutions, to provide incentives for sound risk management and generally promote the stability of the financial system and prompt resolution. Duties and...


  • Nairobi, Kenya Kenya Deposit Insurance Corporation Full time

    KDIC is a statutory institution established under the Kenya Deposit Insurance Act, 2012 (KDI Act, 2012). The Corporation is mandated to provide a deposit insurance scheme for customers of member institutions, to provide incentives for sound risk management and generally promote the stability of the financial system and prompt resolution. Duties and...