role holder provides effective leadership in conducting prudential and market conduct supervision to ensure a safe, sound and secure national payment system. The role holder will assist to develop policy geared towards the overall achievement of CBK’s strategic objectives.
Key Duties and Responsibilities
Strategic Responsibilities
Advise on and formulates payment policy revisions and innovations in line with the strategy of the bank and national and regional priorities.
Contribute as appropriate to the performance of other functions and to the overall achievement of the Bank’s strategic objectives.
Work effectively as part of the team to deliver on the Key Result Areas and demonstrate competencies of his/her role.
Technical and Operational Responsibilities
Ensure payment systems infrastructure meets international standards through assessment of Payment Systems against international Standards (guided by principles of financial markets infrastructure (PFMIs) and the Oversight Policy Framework ).
Ensure compliance of KEPSS Operations with the KEPSS Rules and Procedures, NPS Laws, Regulations, Circulars.
Ensure compliance with CBK Act, NPS Act, NPS Regulations and AML/CFT requirements by Payment Service Providers.
Designation and revocation of payment instrument/systems as provided in the law.
Coordinate offsite and onsite oversight of large value and retail payment systems and regional participation..
Coordinate responses t