Job Description
Vacancy - Deputy Director, Inspection & Enforcement (DD(IE)/01/02/2024)
Job Purpose
Responsible for supervision and surveillance of retirement benefits schemes to ensure compliance with the provisions of the regulatory framework and to enforce appropriate sanctions to safeguard retirement benefits.
Job Requirements
i. Bachelors degree in any of the following disciplines: finance, law, economics, commerce, business administration, social security, or its equivalent qualification from a recognized institution;
ii. Masters degree in any of the following: finance, law, economics, commerce, actuarial science, business administration, social security, or its equivalent qualification from a recognized institution;
iii. Relevant professional qualification and membership to a professional body, in good standing, where applicable;
iv. At least ten (10) years’ relevant work experience with at least five (5) years’ experience in a managerial role;
v. A certificate in a management course lasting not less four (4) weeks;
vi. Demonstrated merit and ability as reflected in work performance
Job Specifications
i. Managing the inspection teams in supervision and surveillance of retirement benefits schemes to ensure compliance with the provisions of the regulatory framework;
ii. Coordinating the implementation of prudential guidelines for the retirement benefits industry and ensuring dissemination;
iii. Reviewing scheme reports and enforcing compliance with the Retirement Benefits Act, regulations and the Authority’s directives;
iv. Reconciliation of levy, fees and penalties as prescribed under the Retirement Benefits Act and enforcing collection;
v. Scheduling officers to represent the Authority in retirement benefits schemes’ annual general meetings and other forums relating to the retirement benefits industry and preparing reports and action points for Management consideration;
vi. Supervising performance management and appraisal of staff;
vii. Reviewing, developing and implementing Standard Operating Procedures in Quality Management Systems of audit recommendations; and
viii. Monitoring and reporting on performance progress and risk mitigation activities.
Personal Specifications
i. Strategic thinking and analytical skills;
ii. Writing, communication and reporting skills;
iii. Managerial skills and ability to lead teams;
iv. Mentoring and coaching skills;
v. Interpersonal skills; and
vi. Team player.
Terms of Offer
These positions offer a competitive remuneration package, excellent opportunity to make a contribution to the performance of the Authority.
RBA is an Equal opportunity employer, employer of choice, and all qualified Kenyans are encouraged to apply.
Note: Only shortlisted candidates will be contacted and canvassing will result in automatic disqualification.