Deputy Director – Debt Management- 4 Posts at The National Treasury and Economic Planning

Job Description

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The National Treasury derives its mandate from the Constitution , the Public Management Act and the Executive Order No.2/.

For appointment to this grade, an officer must have: 

served for a minimum period of three years in the grade of Assistant Director, Debt Settlement CSG ‘7’ or in a comparable and relevant position in the wider public service; a Bachelors degree in any of the following fields: Economics and Statistics, Economics and Mathematics, Computer Science, Information Communication Technology, Commerce (Accounting or Finance option), Business Administration (Accounting or Finance option) or any other equivalent qualification from a university recognized in Kenya; a certificate in any of the following fields: Public Debt Management, Monitoring and Evaluation, Project Management, Debt Management Performance Assessment, Debt Sustainability Analysis, Macro- Economic Analysis and Modeling/Reporting, Policy formulation, Public Debt restructuring, or any other equivalent qualification from a recognized university in Kenya; demonstrated professional competence and managerial capabilities.

Duties and Responsibilities

An officer at this level will be responsible to the Senior Deputy Director, Debt Management. Specific duties and responsibilities include: providing guidance in determining borrowing ceilings for national and county Governments; formulating debt management policies and strategies; reviewing proposals to inform the determination of annual borrowing threshold; reviewing medium term debt strategy paper; reviewing debt management reports and making recommendations; providing medium and long-term forecasts of debt servicing and interest income; reviewing reports on interest and exchange rates trends and their effects on debt servicing; coordinating the assessment, monitoring and management of contingent liabilities including PPP programmes/projects; periodic reviews of existing debt management policies and reviewing debt sustainability reporting formats/templates; preparing statutory and management reports and proposals for debt restructuring; liaising with Central Bank of Kenya and other National Treasury Departments for effective debt Management; reviewing benchmarks on debt portfolios that reflect the country’s debt strategy; monitoring risk controls and compliance with debt policy and annual debt borrowing thresholds; and monitoring and supervising debt performance against set benchmarks.