Practice Lead, Digital Financial Services / Fintech Intelligence at Mix

14 December, 2018

 
 
 
 
 
 
 
 
 
 
 
 
 
 

Practice Lead, Digital Financial Services / Fintech Intelligence

 
 
 

About the organization:

MIX is the leading global data resource for socially responsible investors and businesses focused on inclusive finance. MIX’s data platform covers thousands of mission-focused financial service providers in more than 100 developing markets. MIX collects, analyzes, and maintains data on financial services providers. The data are shared both as a public good for the advancement of the industry and on a fee-paid basis for subscribers interested in more detailed market intelligence. MIX helps socially responsible investors who move $10 billion annually to monitor their portfolios and increase their investments in underserved sectors and geographies, including agricultural finance, clean energy finance and inclusive fintech. Founded in 2002, MIX has data analysts in every region of the world.

About the job:

Digital financial services, including mobile money services, payment cards, and other financial technology (fintech) applications are quickly changing the landscape of financial services and having a significant impact on financial inclusion. As one example, Global Findex 2017 found that mobile money accounts penetration increased rapidly since 2014. In 2017, more than 20 percent of adults had mobile money accounts in 19 countries around the world, up from seven countries just three years earlier. The World Bank referred to these developments as a fundamental re-imagining of financial services that offer a powerful solution for expanding access and usage of financial solutions for the poor

Despite these rapid advances, investors, funders and market supporters lack the visibility necessary to support healthy growth of the fintech market. Visibility, via trusted sources of information, allows funders and investors to discover partners and investees, and common standards and definitions allow funders and investors to compare potential investments. Trusted sources of comparable information are a pre-condition for capital to flow. Currently, the industry lacks a standardized approach to defining what fintech is, let alone aggregating and analyzing relevant data. This serves as a tremendous barrier to increased investment in and growth of the fintech sector. 

MIX is addressing these information constraints through a series of projects that will create the information building blocks to (1) develop market intelligence on inclusive fintechs and (2) transparency on funding flows to digital financial services and fintechs.

MIX is seeking a consultant with experience and knowledge in digital financial services and/or fintech to serve as practice lead for the research, design and development of MIX’s intelligence products on digital financial services and fintech. This position provides a unique opportunity to help chart the course forward for digital financial services and fintech for inclusion. The consultant will collaborate closely with leading funders and impact investors in the industry, as well as fintech businesses.

Tasks and Responsibilities:

  • Develop MIX’s fintech intelligence practice, including refining the vision and goals for the practice across projects and products and in line with MIX’s strategy.
  • Lead and coordinate research and development work across DFS and fintech projects with a goal of informing MIX’s product development, product business model, and product operations.
  • Lead MIX’s engagement with funders, investors, fintech businesses and other ecosystem actors to develop an industry standard view on fintech segments and key metrics for understanding their businesses, including their inclusiveness.
  • Build out and lead a plan for MIX’s fintech intelligence products based on research and in line with market demand.
  • Analyze and synthesize trends in digital finance / find and their implications for MIX’s efforts.
 

How to Apply:

Interested consultants should send a cover letter and resume to bstephens@themix.org, along with at least one sample of an analytical report or presentation. Tentative assignment start date is 1 Jan 2019.

Back to Vacancies