MANAGER ENFORCEMENT (GRADE 4) – REF: CMA/ME/04/2025– 1 POST

Job Purpose

Reporting to the Senior Manager, Investigations and Enforcement, the Manager Enforcement will be responsible for management and conduct of enforcement matters with respect to regulatory breaches and recommending appropriate action in line with the provisions of the Constitution and the applicable regulatory framework. This is a position under permanent and pensionable terms of service.

Job Responsibilities

• Designing, developing and implementing enforcement programs, systems, manuals and procedures to achieve protection of investors’ interest, enhance market integrity and increase deterrence;
• Coordinating the processes leading to prosecution, defence and administrative actions for breaches of regulatory framework;
• Coordinating the representation of the Authority in hearings in courts, tribunals and other forums;
• Coordinating the implementation of capital market intelligence gathering frameworks for the Enforcement Unit;
• Coordinating and representing the Authority in hearings in courts, tribunals and other fora;
• Coordinating internal and external stakeholders’ engagements on enforcement matters;
• Implementing measures to support local and international strategic partners to promote successful prosecutions;
• Determining trends in regulatory breaches in the market and make recommendations to inform enforcement policy and regulatory reforms;and
• Monitoring compliance with Constitutional requirements and fair administrative hearing requirements.

Minimum Requirements

• Bachelors Degree in Law;
• Relevant Master’s degree;
• Admission as an Advocate of the High Court of Kenya and member of the Law Society of Kenya;
• Relevant professional qualifications such as CPA, ACCA, CFA, CFE, CS(K) and membership to professional bodies is added advantage;
• At least six (6) years’ experience;
• At least two (2) years in a supervisory position; and
• Management course lasting not less than four (4) weeks is added advantage

Key skills, Knowledge & Competencies

• Strong understanding of investigations and enforcement of capital markets operations as well as financial sector operations;
• Understanding of the Kenyan legislative and judicial system;
• Knowledge of strategic management, project planning and budgeting, resource management, implementation as well as monitoring and evaluation;
• Professional skepticism;
• Legal analysis;
• Negotiating skills and dispute resolution;
• Professional and personal integrity; and
• Good judgement.

go to method of application »

SENIOR FINANCIAL ANALYST (GRADE 5) – REF CMA/SFA/05/2025 – 1 POST

Job Purpose

Reporting to the Manager, Financial Analysis and Reporting, the Senior Financial Analyst will be responsible for coordinating the analysis and interpretation of financial statements for issuers of securities, market intermediaries and approved institutions prior to licensing and on a continuing basis, to ensure compliance with Legal and Regulatory requirements, Provisions of International Financial Reporting Standards (IFRS), and other standards to protect investor interests.

Job Responsibilities

• Coordinating the review and analysis of financial statements and other information submitted in support of applications by market intermediaries including fund Managers, investment advisers, Stockbrokers, Authorized Depositories, Investment Banks, REIT Managers, derivative brokers, clearing members, FinTech firms etc. to ensure compliance with the Capital Markets Legal and Regulatory requirements;
• Coordinating the maintenance of updated relevant databases relating to financial data, including; submission of accounts, publication of financial statements, summaries of financial analysis, corporate bonds and commercial paper, unit trust information, approved list of ICPAK auditors;
• Coordinating the review of financial information on notices, announcements, advertisements and other required publications by market intermediaries and making recommendations of their suitability for publication;
• Conducting the financial review of applications for licensing of market intermediaries and approval of institutions and products;
• Conducting financial review and recommending approval of prospectuses and all the other documents submitted in support of applications for approval of issue of securities to the public through Public Offerings;
• Coordinate review of corporate actions by issuers of securities such as bonus issue, rights issue, share splits, corporate restructuring, private placements, to ensure compliance with the CMA legal and regulatory framework; and
• Coordinating and participating in the review of audited and periodic financial statements by market intermediaries, approved institutions and issuers of securities to assess their compliance with continuous reporting obligation and minimum regulatory requirements.

Minimum Requirements

• Bachelor’s degree in finance or business-related field;
• Professional qualification such as CPA, ACCA, CIFA or CFA;
• Membership in a professional body such as ICPAK;
• A supervisory course lasting not less than 2 weeks is added advantage; and
• At least 4 years’ relevant experience.

Key skills, Knowledge & Competencies

• Strategic & critical thinking;
• Knowledge of financial and accounting procedures in relation to capital markets operations as well as financial sector operations;
• Ability to meet tight deadlines as well as work with minimal supervision;
• Ability to work effectively and efficiently in a team;
• Organization and analytical skills as well as keenness to details; and
• Ability to effectively interpret financial information.

go to method of application »

SENIOR COMPLIANCE OFFICER (GRADE 5) – REF: CMA/SCO/08/2025 – 2 POSTS

Job Purpose

Reporting to the Manager Compliance, the Senior Compliance Officer is responsible for providing guidance and advice to market intermediaries on compliance practices through close liaison with the market participant’s compliance staff, risk and internal audit to ensure strong internal control and compliance environment.

Job Responsibilities

• Coordinating risk profiling of market intermediaries and preparation of reports to management;
• Coordinating preparation of inspection reports, compliance status report and risk profiling summaries;
• Conducting onsite and offsite inspection activities in accordance with risk-based supervision methodologies and approved plans as well as terms of references;
• Follow up with market intermediaries to ensure compliance with the capital markets Act, regulations, rules and guidelines as well as anti-money laundering law to protect the integrity of the capital markets;
• Tracking implementation of the annual inspection plan for regulated entities;
• Providing guidance to regulated persons on compliance practices through liaison with their compliance, risk management and internal audit staff to inculcate strong internal control and compliance environment;
• Conducting research on best practices on market supervision including Anti-money laundering practices;
• Conducting trend analysis on compliance with regulatory requirements and maintain compliance database for all regulated entities to inform policy and regulatory reforms; and
• Implementing relationship management policy of regulated persons.

Minimum Requirements

• Bachelor’s degree in law/business or relevant field;
• If a business-related degree professional qualification such as ACCA, CFA, CPA, CISI, CPS or any Finance & risk related qualification;
• If a lawyer an Advocate of the High Court of Kenya and member of the Law Society of Kenya;
• Member of professional body in good standing where applicable;
• A supervisory course lasting not less than 2 weeks is an added advantage; and
• At least 4 years’ relevant experience.

Key skills, Knowledge & Competencies

• Risk Management skills;
• Knowledge on Compliance, Monitoring and Internal Controls;
• Professional Scepticism;
• Interviewing skills;
• Understanding of the CMA regulations and the Kenyan legislative system;
• Ability to meet tight deadlines as well as work with minimal supervision; and
• Ability to work effectively and efficiently in a team.

go to method of application »

SENIOR MANAGER APPROVALS, ANALYSIS & ISSUER GOVERNANCE (GRADE 3) -REF: CMA/SMAAIG/02/2025– 1POST

Job Purpose

Reporting to the Director, Market Operations, the Senior Manager Approvals, Analysis & Issuer Governance will be responsible for providing technical and strategic leadership in licensing of market intermediaries, approval of institutions and issuers of securities as well as corporate actions taken by issuers to ensure compliance with Capital Markets Regulatory Framework. The successful candidate will serve on a five (5) year contract renewable based on performance. The Authority will offer a competitive remuneration package to the successful candidate.

Job Responsibilities

• Undertaking development and implementation of strategies, policies and programs for licensing of market intermediaries and approval of institutions, corporate actions and other products as required under the Capital Markets Legal and Regulatory Framework;
• Spearheading the development and implementation of strategies, policies and programs for review of periodic financial information by market intermediaries and issuers of securities and promoting application of corporate governance standards structures and practices by issuers of securities and institutional investors;
• Guiding the approval process of Private placements; corporate actions like bonus issue, rights issue, share splits, and restructuring transactions by issuers of securities like mergers, acquisitions and takeovers, to ensure compliance with Capital Markets Legal and Regulatory Framework;
• Liaising with Government Agencies, Securities Exchanges, Central Depository & Settlement Corporations, legal firms and other key stakeholders regarding issues, listings, licensing applications as well as governance matters;
• Reviewing periodic reports as prepared by the units within the department including but not limited to the annual corporate governance report, financial analysis reports of market intermediaries and issuers of securities to assess their compliance with continuous reporting obligation and minimum regulatory requirements;
• Coordinating fitness and probity assessments of key personnel and entities including engaging with local and foreign regulatory and private entities;
• Undertaking the implementation of the Environmental Social and Governance (ESG), integrated reporting and emerging best practices in governance;
• Championing identification of research on new/emerging lead trends in Capital Markets Legal and Regulatory Framework, IFRS, to inform improvements in licensing and approval policies and processes;
• Coordinating engagements and communication with current and potential licensees & issuers enlightening them on licencing & approval requirements; and
• Supervising, coaching and mentoring staff in the Department.

Minimum Requirements

• Bachelor’s degree in finance, Law or relevant field;
• Relevant Masters’ degree;
• Membership to relevant professional body in good standing;
• If a lawyer, Advocate of the High Court of Kenya with valid Practicing certificate;
• At least eight (8) years’ experience with at least three (3) years in a Managerial role; and
• Management course lasting not less than four (4) weeks is an added advantage.

Key skills, Knowledge & Competencies

• Report writing skills;
• Understanding of capital markets operations and institutional policy;
• Professional Skepticism;
• Understanding of the Kenyan legislative system;
• Leadership skills;
• Communication skills; and
• Ability to deliver results and to manage change.

go to method of application »

SENIOR CORPORATE COMMUNICATIONS OFFICER (GRADE 5) – REF: CMA/SCCO/06/2025– 1 POST

Job Purpose

Reporting to the Manager, Corporate Affairs & International Relations, the Senior Corporate Communication Officer will be responsible implementing the Authority’s corporate communication initiatives and strategies to ensure the optimal positioning of the Authority’s brand among internal and external audiences. They are also responsible for operationalizing domestic, regional and global cooperation partnerships.

Job Responsibilities

• Coordinating execution and monitoring of the Authority’s external affairs programs;
• Managing relationships with regulators and other strategic partners on areas of mutual interest;
• Fostering a positive working relationship with local and international capacity building institutions;
• Coordinating media relations to improve visibility and enhance the Authority’s brand;
• Monitoring the execution of the Authority’s Brand Guidelines and the production of branded merchandise;
• Coordinating corporate events and activities;
• Coordinating the procurement of communications services with third party providers and overseeing the implementation of their briefs; and
• Coordinating the development and placement of content on digital media assets including the website, Facebook, Twitter, LinkedIn and YouTube.

Minimum Requirements

• Bachelor’s degree in communications, Journalism, Public Relations; or Marketing or any related field;
• Membership of the Public Relations Society of Kenya (PRSK) or any other equivalent locally or internationally- accredited body;
• A supervisory course lasting not less than two (2) weeks is an added advantage;
• At least 4 years’ relevant experience

Key skills, Knowledge & Competencies

• Proficiency in Computer Applications;
• Writing Skills;
• Presentation skills;
• Media management and public relations skills;
• Interpersonal skills;
• Digital Communication skills;
• Integrity and honesty;
• Negotiation skills; and
• Creativity in event planning, execution and management.

go to method of application »

SENIOR MANAGER ICT (GRADE 3) – REF: CMA/SMICT/03/2025 – 1 POST

Job Purpose

Reporting to the Director, Research & Knowledge Management, the Senior Manager ICT will be responsible for providing strategic direction in the development and implementation of the ICT strategy, Business and Technology alignment and achieving quality performance and resource management. The successful candidate will serve on a five (5) year contract renewable based on performance. The Authority will offer a competitive remuneration package to the successful candidate.

Job Responsibilities

• Planning, developing and supervising the implementation of the Authority’s ICT Strategy;
• Ensuring confidentiality, availability and integrity of the Authority’s information, data and information systems;
• Spearheading the management and security of the Infrastructure and Information systems;
• Managing the implementation of Business Intelligence and Information Repository tools to support analytics for effective decision making;
• Working with process owners on methods to leverage on technology to enhance capital markets infrastructure and support product innovation;
• Protecting the Authority and its operations against IT risks, including unauthorized access to information, data corruption or integrity loss, degraded processing capability, and poor service levels;
• Coordinating implementation of the ICT disaster recovery and crisis management;
• Leading and facilitating automation of the Authority’s processes and workflows;
• Ensuring that the Authority adheres to the required legislative ICT practices, policies and processes;
• Formulating and controlling the execution of the departmental work plans and approved budgets;and
• Mentoring, coaching and appraising departmental staff.

Minimum Requirements

• Bachelor’s degree in information science, Information Technology, Computer Science or related field;
• Master’s degree in information science, Information Technology, Computer Science or related field;
• Relevant professional qualification / certification;
• At least eight (8) years of work experience;
• At least three (3) years’ experience in management level; and
• Management course lasting not less than four (4) weeks is an added advantage. 

Key skills, Knowledge & Competencies

• Knowledge in deploying and administering technology for optimal use by the Authority;
• Ability to implement risk management methods, models and tools to identify and measure and mitigate ICT related risks;
• Ability to develop and manage high performance team through planning, goal setting, effective allocation of resources and resolving conflicts;
• Analytical and conceptual expertise;
• People and Interpersonal skills;
• Communication skills;
• High integrity levels; and
• Leadership and supervisory skills

go to method of application »

SENIOR ACCOUNTANT (GRADE 5) – REF: CMA/A/07/2025 – 1 POST ‘

Job Purpose

Reporting to the Principal Accountant (Financial Accounting), the Senior Accountant will be responsible for planning, coordinating and executing timely and accurate payments and reporting as scheduled at the Authority.

Job Responsibilities

• Co-ordinating receipt, registration, recording and posting of vendor invoices, accruals and provisions;
• Co-ordinating the payment process by ensuring payment documents and vouchers are accurately matched supported with procurement documents;
• Reconciling supplier accounts, other payable accounts including but not limited to PAYE, Withholding Income tax and Withholding VAT and general review of expense accounts;
• Preparing creditors’ aged analysis and dealing with outstanding issues including following up with the suppliers for any necessary information or documentation;
• Confirming the filing and maintenance of updated records of all the Journals, payment vouchers, invoices, etc and leverage on process automation;
• Verifying on monthly basis, the accuracy of the General Ledger, invoices posted, journals passed, receipts posted and in consultation with the Financial Accountant, facilitate accurate preparation of financial statements;
• Preparing daily, weekly and monthly cashflow projection reports monthly management reports and quarterly statutory reports; and
• Maintaining continuous compliance with statutory obligations including but not limited to PAYE, Withholding Income tax and corporate taxes, Withholding VAT, and other statutory requirements.

Minimum Requirements

• Bachelor’s degree in commerce or finance or a business-related field;
• Professional qualifications such as CPA (K);
• Member of professional body in good standing where applicable;
• A supervisory course lasting not less than 2 weeks is an added advantage; and
• At least 4 years relevant work experience.

Key skills, Knowledge & Competencies

• Computer skills;
• Experience in the use of ERP environment;
• Knowledge of IPSAS;
• Experience in preparations of financial statements;
• Interpersonal skills;
• Communication skills;
• High integrity levels; and
• Leadership skills.
   

go to method of application »

DIRECTOR CORPORATE SERVICES (GRADE 2) – REF: CMA/DCS/01/2025 – 1 POST

Job Purpose

Reporting to the Chief Executive Officer, the Director Corporate Services will be responsible for providing strategic leadership and oversight in the planning, implementation and review of Accounting, Finance, People & Culture as well as Administration services at the Authority. The successful candidate will serve on a five (5) year contract renewable only ONCE based on performance. The Authority will offer a competitive remuneration package to the successful candidate.

Job responsibilities

• Supervising the formulation, implementation, review and rationalization of the CMA corporate budget;
• Ensuring the financial integrity of the Authority’s financial transactions as a Category A signatory to all CMA cheques and financial transactions;
• Managing the formulation, implementation and review of the Authority’s People and Culture strategies, plans and programs;
• Directing the formulation, implementation and review of the Authority’s Accounting and Finance strategies and plans to ensure corporate sustainability;
• Overseeing corporate-level compliance with relevant Statutes, Regulations and Directives including the Public Financial Management Act, International Public Sector Accounting Standards (IPSAS), the International Financial Reporting Standards (IFRS) and ISO Standards;
• Safeguarding financial resources of the Authority and those of the Capital Markets Investor Compensation Fund and ensuring optimum returns from investments;
• Overseeing the formulation, implementation and monitoring of the Business Plans, Budgets and Annual Workplans for all departments in the DCS in line with the corporate strategic objectives and government Performance Contract
• Providing technical expertise and advice to the Chief Executive Officer, Directors and Direct Reports on Financial, performance measurement, management systems and people issues;
• Overseeing the planning and implementation of business process improvement initiatives and programmes in order to support the embedding of a culture of excellence at the Authority;
• Overseeing the preparation of monthly, quarterly, half-yearly and annual financial reports;
• Overseeing the effective custody and application of People and Culture, Finance and Accounting as well as Administration Policies across the Authority;
• Overseeing effective stakeholder management in furtherance of CMA strategic interests through engagements with key institutions;
• Facilitating building of capabilities of the CMA staff and ensuring that the Authority is properly resourced to deliver on its mandate; and
• Evaluating performance, coaching and mentoring staff in the directorate.

Minimum Requirements

• Bachelor’s degree in relevant field;
• Master’s degree in relevant field;
• Member of professional body in good standing;
• At least 12 years’ relevant experience;
• At least six (6) years’ experience in senior management level; and
• Leadership course lasting not less than four (4) weeks is an added advantage.

Key skills, Knowledge & Competencies

• Financial management and accounting skills;
• Analytical skills;
• Budgeting and business planning skills;
• Project management skills;
• Financial forecasting skills;
• Portfolio management and investments skills;
• High appreciation and experience in HR processes;
• Thorough knowledge of financial and procurement processes; and
• Knowledge of relevant legislation, regulations and procedures.