Closing Date: Thursday, 29 Jan 2026 at 5.00 p.m.

Job Purpose

The role holder is responsible for managing the Securities Transfer, Collateral Management, and Securities System Management units. The position oversees trade matching, trade substitution, trade allocation, system administration, and reporting to ensure the Section meets its functional responsibilities effectively and efficiently.

Key Duties and Responsibilities

Strategic and Operational Responsibilities

• Contribute to the implementation of the Department’s strategy in support of the Bank’s overall strategic objectives.
• Work collaboratively as part of the team to deliver on Key Result Areas and demonstrate role-specific competencies.
• Ensure efficient and effective operations of the Securities Transfer Unit, Collateral Management Unit, and DhowCSD System Administration Unit.
• Plan, organize, supervise, and coordinate activities and resources within the assigned section.
• Oversee outright buy/sell, over-the-counter (OTC) repos, and free-of-payment transfers.
• Ensure effective and efficient processing of Government Securities (GS) transfers.
• Manage trade matching (ATS/OTC buy/sells, liens, repos), trade substitution (including confirmations with new settlement parties), trade allocation (including free-of-payment transfers), and reorganization of trades to eligible client sub-accounts.
• Prepare and provide periodic comprehensive reports on the management of Government Securities.
• Oversee and advise the Department on Government Securities transfers.
• Plan, organize, integrate, supervise, and coordinate activities and resources related to Government Securities transfers.
• Provide information, opinions, advice, and perspectives to CBK management, and internal and external stakeholders.
• Manage high-value transactions and associated risks, including fraud, default risk, settlement risk, financial risk, reputational risk, and information risk.
• Monitor follow-ups by officers on investor queries related to secondary trading activities and make decisions on complex or challenging cases.
• Review and update the Section’s operational manual in line with procedural changes and monitor risk indicators within the section.

System Roles and Responsibilities

• Supervise the team responsible for DhowCSD system administration.
• Collaborate with relevant stakeholders to ensure system availability, adherence to daily timetables, and related activities.
• Oversee onboarding and disabling of system users, management of contact groups, and periodic review of system rights in line with Bank guidelines and in collaboration with Risk and Audit functions.
• Manage approvals and processes for disabling system users.
• Manage DhowCSD system window extensions.
• Oversee client management and resolution of system-related queries.
• Lead training and capacity building to ensure users are well equipped to support stakeholders.
• Manage the issuance and renewal of tokens and certificates.
• Oversee administration of communication platforms related to the DhowCSD system.
• Conduct regular engagements with system users to gather feedback and identify opportunities for system improvement.
• Manage vendor relationships and review billing.
• Mentor, coach, and support assigned teams to achieve high productivity and meet section objectives.
• Oversee staff training, capacity building, and succession planning to support staff development and business continuity.
• Perform any other duties as assigned.

Qualifications

• Bachelor’s degree in Accounting, Economics, Insurance, Finance, or a related field from a recognized university.
• Master’s degree in Finance, Economics, Banking, Business Administration, or a related field is an added advantage.
• Professional qualification in a business or technology-related field is an added advantage.

Work Experience

• Minimum of eight (8) years’ experience in a financial markets–related field, with at least three (3) years at a managerial level.
• Strong operational knowledge of the DhowCSD system.