The Capital Markets Authority (CMA) is a statutory agency charged with the responsibility of regulating and developing efficient Capital Markets in Kenya.

REF: CMA/SLORF/08/2023– 1 POST

Job Purpose

Reporting to the Manager, Legal Framework, Responsiveness and Analysis, the Senior Legal Officer, Regulatory Framework will be responsible for development of and review of robust and responsive capital markets legal and regulatory frameworks, providing technical advisories and interpretation of the capital market and related legal and regulatory framework. This is a position under permanent and pensionable terms of service.

Job Responsibilities

• Coordinating legal research to ensure that policy requirements can be accurately translated into workable legislative instruments;
• Interpreting the Capital Markets Legal and Regulatory framework through periodic advisories;
• Planning and conducting diagnostic studies and reviews to assess impediments to capital markets development and barriers to full implementation of the International Organization of Securities Commissions (IOSCO) Principles and other international standards;
• Facilitating discussions with internal and external stakeholders to secure broad-based consensus on new internal and external legal initiatives to address policy, legal, regulatory, supervisory, institutional, and capacity constraints to the development of the capital markets in Kenya; and
• Implementing a harmonized legal and regulatory framework for the East African community.

Qualifications

Minimum Requirements

• Bachelors Degree in Law;
• At least four (4) years related work experience;
• Relevant professional qualification; and
• A supervisory course lasting not less than two (2) weeks is an added advantage.

Key skills, Knowledge & Competencies

• Report writing skills;
• Understanding of the Kenyan legislative and judicial system
• Analytical skills;
• Legislative drafting skills;
• Integrity and honesty;
• Organizations skills;
• Detail oriented; and
• Negotiation skills.