Nairobi International Financial Centre Principal Financial Analyst Jobs in Kenya

Nairobi International Financial Centre Principal Financial Analyst Jobs in Kenya;
This is a promotional grade, with the holder working under the supervision of the
Deputy Director. A principal analyst may be deployed in any of the following seven (7)
departments: Capital Markets, Green Finance & Carbon Markets, Fintech, Insurance &
Banking, Private Equity & Venture Capital, Stakeholder Engagement and Services;
Certification; or Monitoring & Quality Assurance.

b) Job Descriptions

The following are the du+es and responsibilities for a principal analyst across the
various departments: -

I. Capital Markets Department

(i) Develop and implement policies that attract potential NIFC firms to invest in
capital markets;

(ii) Collaborate with foreign regulators to promote listing of foreign securities on the
Nairobi Securities Exchange to enhance cross-border markets;

(iii) Support poten+al NIFC firms looking to list in Kenya on regulatory requirements,
market entry and raising of capital;

(iv) Collaborate with regulators and policy makers to promote growth and innova+on
in the capital markets;

(v) Review market trend analysis to recommend policies and decisions that enhance
growth and opportuni+es within the NIFC.

II. Green Finance & Banking Department

(i) Develop and implement a framework that will attract green finance firms within
the NIFC;

(ii) Align the NIFC framework to globally accepted sustainability standards;

(iii) Design the mechanism for green financing and building of carbon credit exchange
within the NIFC;

(iv) Coordinate collabora+on with the relevant stakeholders in building a central
marketplace for carbon credits to securitize carbon credits into digital tokens;
(v) Coordinate the development of a central marketplace for carbon credits to
securi+ze carbon credits into digital tokens;

(vi) Review incentives to support specific climate-related or environmental projects;
National Treasury Building
,
(vii) Par+cipate in regulators’ forum aimed at establishing mandatory sustainability
reporting practices;

(viii) Review documentations for collaboration with other regulators to establish a
framework that will encourage local and international investors and financiers to
finance green and sustainable projects;

(ix) Spearhead the development of platforms to connect green investors with
potential local projects;

(x) Collaborate with public and private sector institutions to develop a green
taxonomy in Kenya, selling out projects that qualify as green to prevent
greenwashing in the NIFC; and

(xi) Review reports that set out policy recommenda+ons, market development and
industry standards.

III. Fintech, Insurance & Banking Department

(i) Coordinate the development of infrastructure and incentives to attract fintech,
insurance, and banking firms to the NIFC;

(ii) Implement frameworks that support innovation within the fintech, insurance, and
banking sectors, ensuring alignment with NIFC’s strategic objectives;

(iii) Manage the opera+onal setup of the Innovation Hub, including the regulatory
sandbox, providing specialized support to startups seeking regulatory guidance;

(iv) Collaborate with strategic partners locally and internationally, execu+ng strategies
to promote sector-wide innova+on in fintech, insurance, and banking;

(v) Develop ac+onable plans for funding support to fintech, insurance, and banking
innovators, working with stakeholders to secure financial resources;

(vi) Ensure NIFC’s regulatory frameworks are regularly updated to reflect international
trends, maintaining global competiveness;

(vii) Support ini+a+ves that enhance coopera+on across fintech, insurance, and
banking sectors via non-mandatory regulation frameworks;

(viii) Coordinate the development of platforms for collaboration and partnerships,
facilita+ng the scaling of firms through infrastructure use;

(ix) Coordinate with international regulators to facilitate seamless cross border
banking opera+ons and lead initiatives promo+ng the expansion of these service;
(x) Guide efforts to support the digital transforma+on of traditional banking by
integra+ng mobile banking, blockchain, and AI technologies;


(xi) Coordinate projects that drive innovation in insurance services, including
promoting digital plaZorms and Insurtech solutions;

(xii) Work with global insurance firms to create incentives for them to establish
opera+ons at the NIFC;

(xiii) Promote sustainable banking and insurance solu+ons that align with

interna+onal
ESG standards;

(xiv) Implement risk management strategies to mi+gate financial risks such as currency
fluctuations and cybersecurity threats.

IV. Private Equity and Venture Capital

(i) Formulate and implement the framework for defending exis+ng and grow new
investment into NIFC;

(ii) Develop the controlled environment for private equi+es and venture capitals to
test products and reduce +me-to-market while potentially lowering costs;

(iii) Review proposals of tax incentives that are designed to encourage investments
into NIFC;

(iv) Develop frameworks for iden+fica+on of NIFC qualified activities;

(v) Develop framework for NIFC firms to offer cross-border investment services in
regional markets;

(vi) Build network with regional and global Private Equity and Venture Capital funds to
facilitate access to capital to NIFC start-ups.

V. Stakeholder Engagement and Services Department

(i) Develop attractive programs for existing and emerging expat talent with
knowledge in these areas;

(ii) Develop and regularly update a database for all the service providers;

(iii) Develop strategies that facilitate skills matching between service providers and
local start-ups;

(iv) Develop a framework for engagement of the service providers;

(v) Review recommended incentives that attract specialized professional services
providers for financial services;

(vi) Develop strategies and ini+a+ves for capacity building of skills to improve quality
of human capital;

(vii) Provide support to the professional service firms through legal and regulatory
guidance to investors, financial service firms and start-ups.

VI. Certification Department

(i) Develop and regularly review the guidelines for certification;

(ii) Review reports on applica+ons based on the guidelines and the prescribed criteria
for certification;

(iii) Review the strategic fit examina+on of firms seeking certification

(iv) Coordinate due diligence and screening of firms seeking certification

(v) Coordinate development of a database of applications for certification and
certified firms;

(vi) Levy application fees, certification fees and renewal fees; and (vii) Review and
recommend renewal of certification for NIFC firms.


c) Person Specifications

For appointment to this grade, an officer must have: -

(i) Bachelor’s degree in finance, economics, banking, accounting, business, law,
actuarial science, statistics, mathematics, political science or related field, or any
other relevant qualifica+on from a recognized institution

(ii) Master’s degree in finance, economics, banking, accounting, business, law,
actuarial science, statistics, mathematics, political science or related field, or any
other relevant qualification from a recognized institution;

(iii) Professional qualifica+ons in finance, economics, banking, accounting, business,
law, actuarial science, statistics, mathematics, political science where applicable;

(iv) Member of a recognized professional body e.g. (ICIFA, CBI, ICPAK, LSK, ICS) or any
other relevant professional body recognized in Kenya where applicable;

(v) At least eight (8) years relevant work experience;

(vi) At least three (3) years experience in a supervisory role;

(vii) Management course lasting not less than four (4) weeks from a recognized
institution;

(viii) Proficiency certificate in computer application;

(ix) Fulfilled the requirements of Chapter Six (6) of the Constitution Kenya;

d) Key Competencies and Skills

(i) Strategic financial insight;

(ii) Leadership and mentorship

(iii) Complex problem solving and innovation;

(iv) Advanced stakeholder management;

(v) Risk analysis and migration

(vi) Interpersonal and communication skills;

(vii) Report writing skills;

(viii) Presentation skills;

(ix) Team player.

How to Apply

For more information and job application details, see; Nairobi International Financial Centre Principal Financial Analyst Jobs in Kenya

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