(Junior) Investment Officer Latin America

Triple Jump, a Dutch impact investment manager with a global portfolio, is looking for a:

(Junior) Investment Officer Latin America (fluency in Spanish and English required)

40 hours per week, duty station Peru, Lima

Local candidates are strongly encouraged to apply

Triple Jump is an impact-focused investment manager that manages and advises several funds in the area of financial inclusion, SME finance, affordable housing and renewable energy. Triple Jump’s mission is to go where investing capital empowers people and improves lives. Triple Jump is headquartered in Amsterdam and has a strong footprint in the emerging markets with 5 regional offices located in Georgia, Peru, Mexico, Thailand and Kenya. The team consists of over 80 professionals, including 30 different nationalities, with broad field experience and in-depth financial expertise. Triple Jump investment portfolio spans across more than 60 countries.

Triple Jump offers professional asset management services to investors, ranging from asset selection to portfolio management to fund administration. Triple Jump holds an AIFMD license and is regulated by the Dutch Central Bank and the Authority Financial Markets. Our investor base includes institutional investors, development banks, governments, NGOs, and retail banks, all of whom seek to combine financial returns with and social/environmental impact.

Expectations

As a (Junior) Investment Officer you will assist with the identification, appraisal, processing and supervision of debt investments in MFIs in the Latin America region. You will contribute to the full investment cycle, from origination to monitoring of the investment. You will develop an extensive regional network of partners and other people/institutions relevant to the fulfillment of your position. The position requires frequent travel within the region (with an average of one week per month). You will be based in Lima, Peru. The position is initially for 1 year.

Requirements

Job requirements

This position requires an economic or financial oriented education, working experiences in a MFI or a development or a commercial bank are considered an important additional asset. Preferably you have experience with analysing financial statements and dealing with legal and organisation issues as part of the due diligence process. You are familiar, or willing to familiarise yourself, with issues of development co-operation in a cross cultural context. You have demonstrable communication and reporting skills and are able to disseminate knowledge and mediate between different views.

Competencies

  • Result-oriented;
  • Good communicator and negotiator with strong analytical skills;
  • Team player with excellent writing and presenting skills;
  • Fluent in English and Spanish (both speaking and writing);
  • Knowledge of Portuguese is considered a plus;
  • Existing working permit considered a plus.

Triple Jump offers you:

  • The opportunity to work within a growing, entrepreneurial organization in the impact investing sector;
  • Competitive salary for the impact investing sector facilitated via our local payroll provider, including pension and health allowances and a variable incentive arrangement;
  • Flexible working hours, good work-life balance;
  • A dynamic, multi-cultural and collegial working environment.

Application procedure

Are you interested? Send your application in English to the attention of Willem Boymans, HR Officer in Triple Jump, before December 6, 2019 via https://triplejump.recruitee.com. More information about the position can be obtained through Willem Boymans (HR) at +3122020807 or through Gustavo Santivanez, Regional Manager Latin America at gustavo@triplejump.eu.

Click here for the original vacancy.

Internship Geodata & SME Finance

Position: Internship Geodata & SME Finance
Assignment: 32-40 hours per week, for 5 to 6 months
Starting Date: Preferably in February 2020

Organization:
NpM, Platform for Inclusive Finance is a member platform for Dutch investors in the worldwide inclusive finance sector. Together with the Dutch Ministry of Foreign Affairs and our members, we are committed to expanding access to affordable financial services worldwide. We believe in a clear link between financial inclusion and development. Access to financial services offers people the possibility to improve their living standards, which in turn reduces inequality. Inclusive finance can result in poverty alleviation, job creation, food security, gender equality, and equitable growth. It is our mission to increase the effectiveness of our members’ inclusive finance investments and activities. Therefore, we promote effective partnerships to combine efforts, and complement expertise and objectives. In addition, we support our members in contributing to the realization of the Sustainable Development Goals (SDGs) by 2030.

Background:
We are looking for an enthusiastic and ambitious intern to support the programme manager with the Geodata for Inclusive Finance and Food (G4IFF) workstream. This workstream focuses on the use of geospatial information to increase access to financial services for smallholder farmers worldwide. To promote the use of geodata, NpM organized the G4IFF Innovator’s Challenge for tech and FinTech companies in 2018. Participants were to develop geodata-based applications for FIs to facilitate the financing of smallholder farmers in emerging economies.

We are looking for someone with an interest in the microfinance/inclusive finance sector, excellent communication and organizational skills. The internship will start in January 2020 for the duration of 5 to 6 months.

What you will do:

  • Support the relationship management and communication with NpM members, AgTech/FinTech companies, MFIs and other stakeholders;
  • Support Programme Manager in shaping and execution of Geodata for Inclusive Finance and Food workstream 2020-2022;
  • Assist in preparing presentations, layout and design of reports;
  • Draft messaging and update social media channels with relevant news;
  • Assist in organizing workshops and seminars for investors;
  • Assist in various organizational and practical tasks for NpM.

What we ask from you:

  • Interest in Inclusive Finance, Impact Investing, SME Finance, AgTech/FinTech, Rural/Agri-business, International Development, Digital Transformation and/or a related topic;
  • Enjoy working in a dynamic, multi-cultural environment;
  • A hands-on, pro-active mentality and ability to work independently;
  • Fluent in English (both verbal and written), understanding of Dutch is a plus;
  • Excellent writing skills for communication purposes;
  • IT skills (Office Package) and comfortable using social media (Twitter, LinkedIn);
  • Enrolled at an educational institution, this is a must, and living in the Netherlands.

 

What we offer:

  • Be part of a dynamic working environment;
  • Meet/work with a variety of actors active in inclusive finance and impact investing;
  • Learn how to effectively communicate with various partners;
  • Gain skills in project management with multiple stakeholders;
  • Gain experience in organizing knowledge-based events;
  • Gain insight in the Dutch inclusive finance sector that is represented by NpM;
  • A monthly internship compensation of EUR 252,10 based on a 40-hour contract;
  • Travel compensation.

Send your CV and a short letter of motivation to the NpM office at info@inclusivefinanceplatform.nl. Application deadline 31 January 2020. We prefer the intern to start in February 2020, however, the starting date is negotiable.

For more information on the vacancy, you can send an email to the above email address. More general information about NpM and the Dutch inclusive finance sector can also be found on our website: www.inclusivefinanceplatform.nl.

Investment Manager

Click here to see the original vacancy and to apply.

Job Description

Kiva (kiva.org) is an international nonprofit with a mission to expand financial access to help underserved communities thrive. We run a global marketplace platform to crowdfund microloans for financially excluded entrepreneurs, farmers and students around the world. Our organization combines the culture and technological passion of an internet start-up with the compassion and empathy of a non-profit to create impact and opportunity at global scale. In just 13 years, we have raised more than $1.2 billion in loan capital for 2.7 million borrowers in 83 countries. Our lenders fund over $10 million in loans every month. With offices in San Francisco, Portland, New York, Nairobi, and Bangkok, Kiva’s team includes 100+ employees and 400+ volunteers worldwide. Our team is growing as we pursue exciting new opportunities to create a financially inclusive world.

Role overview:

Kiva’s Impact Investments team works with partners and borrowers from all over the world, who post profiles for fundraising onto the Kiva website. The team is responsible for sourcing, monitoring and managing relationships with these partners and borrowers, onboarding and training new partners, and ensuring that all funding relationships are compliant with Kiva’s policies and are aligned with Kiva’s social mission and strategic focus. The Impact Investments team includes staff based in the US, Kenya, and Thailand, who manage Kiva’s investment relationships in every region of the world. We are looking for a talented and highly motivated professional to join our team in Portland OR, San Francisco CA or Bogotá Colombia.

This Investment Manager role will be responsible for sourcing, developing, and supporting Kiva’s partnership based impact investments, with a focus on countries in Latin America & the Caribbean. In addition to prospecting and due diligence of new investments, this role onboards, trains, and facilitates support for partners to ensure compliance with Kiva’s policies and the effective and efficient use of Kiva’s systems. The ideal candidate is a flexible and positive team player who is passionate about Kiva’s mission and is able to design creative solutions to challenging problems.

Key responsibilities include:

  • Relationship Management — Monitor assigned Investments (both remotely and in-person), including repayments, financial performance, and social performance.
  • Investment Monitoring — In collaboration with team members, monitor assigned Investments for compliance with Kiva policies and covenants, and adjust access to Kiva funding as necessary.
  • Business Development — Develop a network to source and recruit new impact investments, with an emphasis on achieving impact at scale. Screen potential investments and review applications.
  • Due Diligence — Conduct desk and on-site due diligence of potential Investments to assess prospects’ financial and social performance, and mission fit with Kiva. Present potential Investments for approval by the Investment Committee.
  • Deal Structuring — Participate in negotiations on Investment terms and conditions with the goal of maximizing impact at scale.
  • Technical and Operational Support — Assist in onboarding newly Invested Partners, act as liaison, communicate Kiva policy to these Partners and update Kiva stakeholders on new developments and/or issues. Resolve issues faced by the Partners, such as trouble accessing tools provided by Kiva.
  • Manage Volunteers — Oversee field-based Kiva Fellows, by assisting with training, and by providing direction, supervision and support throughout the Fellow’s placement.
  • Country/Region Expertise — Provide Kiva with expert guidance on local market conditions in key markets where Kiva manages significant Investment volume.
  • Strategic Partnerships — Manage active relationships with other funders of assigned Investment Partners; seek out co-investment opportunities where possible.
  • Documentation — Support drafting and review of transaction documentation of new Investments with legal department.

Preferred qualifications:

  • Technical experience with lending/investing in private companies
  • 4+ years of work experience in Investment Management, Finance, International Business, Economic Development, or related role.
  • Full professional fluency in Spanish required; French and/or Portuguese a big plus.
  • Experience investing in, or working professionally in, countries in Latin America and the Caribbean.
  • Bachelor’s degree required; advanced degree preferred.
  • Flexible and willing to adjust schedule in order to work across varying time zones.
  • Able to travel 20% of the time and to adapt to various work environments travel presents.
  • Effective while working remotely.
  • Strong communication skills, including the ability to tailor communications to a wide variety of audiences and stakeholders, across multiple cultures.
  • Ability to network extensively and manage relationships effectively.
  • Ability to manage time well and prioritize across competing tasks.
  • Tech savvy. Proficient in office software and adept at learning and using technology platforms.

What we offer:

  • An opportunity to improve real lives, solve hard problems, and change the world
  • Friendly, supportive, and adventurous environment with a team of engaged colleagues
  • A comprehensive, industry-leading benefits package
  • Opportunities to connect with and learn from colleagues and partners around the world

A diverse and inclusive workplace where we learn from each other is an integral part of Kiva’s culture. We actively welcome people of different backgrounds, experiences, abilities and perspectives. We are an equal opportunity employer and a great place to work. Join us and help us achieve our mission!

Click here to see the original vacancy and to apply.

Investment Manager – ECCA

Follow this link for the original source of the vacancy.

The business lines Energy & Climate, Financial Inclusion and Food & Agriculture, all part of Triodos Investment Management BV (IM), aim to harmonize their governance, processes and way of working in 2020. They are at the start of an organizational change, to operate more effectively across the three transition themes within one new business line. The focus is on optimal usage of knowledge and expertise to add value for investors and investees and realize positive impact. Effective and harmonized execution of our work will serve our clients best. The investment teams manage investments in private debt, private equity and project finance in the developed and Emerging Markets.

Triodos IM is looking for a commercial person to expand the capacity of the East Europe, Caucasus, Central Asia (ECCA) investment team and fulfil the position of: Investment Manager – ECCA (32-40 hours a week).

Profile

This person will work closely in the investment team that invest in financial institutions specialized in the provision of microfinance and SME finance in developing countries. The activities in this specific region are constantly growing.

Take action:

  • Manage and expand an investment portfolio in the region, consisting debt, equity and quasi equity investments;
  • Initiate, maintain and deepen contacts with existing and new clients;
  • Commercially responsible for the full deal process, including negotiating conditions and contracting;
  • Initiate, maintain and deepen contacts with other stakeholders such as network partners, banking regulators, technical assistance providers and support agencies in order to develop new opportunities and market knowledge of covered countries;
  • Analyse financial statements, undertake risk assessments, perform DD, write investment proposals and obtain support for finance proposals by presenting investment recommendations to the investment committee;
  • Follows external developments for the benefit of the team and the business line;
  • Represent Triodos Bank and our mission in a modern, connected way.

The team

You will be a team member of the financial inclusion (FI) investment team ECCA, which will consist of 5 people. The investment team works closely with the fund managers team, the analysts’ team and portfolio administration.

The position requires

  • Academic degree, preferably in Business Economics or Accounting/ Finance;
  • Significant banking and/or other relevant financial investment experience (min. 3 years) with a focus on (international) finance, preferably as an account/investment manager in the (impact) investments industry;
  • Experience and knowledge to analyse financial and operational structures of different types of institutions and understand their risks in the complexity of an emerging markets context;
  • Fluent in English, both orally and in writing, additional fluency in Russian is a preference;
  • Strong connection/ affinity with the ECCA region and able to travel to the region frequently;Applicants must be nationals of a European member state or have a valid work permit for the European Union.

This is you

  • Strong commercial skills; building relationships and a deal-oriented attitude, excellent communication and networking skills;
  • Creative, solution oriented;
  • Social and constructive;
  • Show a positive attitude on the agile way of working; entrepreneurship, client focus, resilience and continuous improving the processes and services;
  • Work in a structured way; keep others informed, good planning, prioritizing & organizing skills, on time and well prepared;
  • Have a strong affinity and personal connection to the mission and goals of Triodos Bank.

Company details

Welcome at Triodos IM Do you want to be part of an organization that has as mission to make money work for positive social, environmental and cultural change? Money has the power to get things done.

Triodos IM is a globally recognised leader in impact investing. Triodos IM currently manages 17+ funds invested in both Europe and emerging markets. Over the years the business has grown to EUR 4.6 billion. This growth is the result of Triodos IM’s deep market sector insights and knowledge in combination with the sustainability objectives and commitments of our partners. We work with around 200 co-workers, diversity is key which is mirrored in an international group of people where authenticity is valued.

We have an open, non-hierarchical and transparent corporate culture. We prioritise professional and personal growth and believe in education and training on the job. The formal language is English.

More information? See https://www.triodos-im.com.

Location The brand new, sustainable office is based in Driebergen, the Netherlands at the Estate Reehorst, just 3 minutes’ walk from the train station.

Offer

Remuneration Impact on society is the number one priority, both for us and for you. Our employment conditions reflect this vision. This includes:

  • a salary appropriate to the position, our remuneration policy and your capabilities;
  • an attractive pension policy;
  • 100% remuneration of commuting expenses when using public transport;
  • a company bicycle scheme;
  • 29 holiday days with a 40-hour working week, plus the option of buying 2 weeks of extra holiday days;
  • extra leave to contribute to voluntary work;
  • a range of education and training opportunities;
  • flexible working hours and the opportunity to work from home;
  • the option to join our collective health insurance.

Interested? For more information about this position, please contact Rosanna Sarkeyeva (Regional Manager ECCA), via email Rosanna.Sarkeyeva@triodos.nl.

Want to join our team? Please send in your application (in English) including CV before January 20th, 2020 to the attention of Dorette Hollestelle – Geesink, Sr. HR Advisor Triodos IM.

Acquisition as a result of this vacancy is not appreciated.

Location

Driebergen-Rijsenburg | Triodos Investment Management

Publication Date

02 January 2020

Advisor for Digital Financial Services and Remittances for Migrant Workers

Original source: GIZ

As a federal company, GIZ supports the federal government in achieving its goals in international cooperation for sustainable development.

Job decription:

The ‘Digi#ances’ project aims to bring digital financial services (DFS) to un- or underserved Jordanian and Syrian refugees in Jordan. This includes the usage of mobile based digital money transfer services as well as access to international remittances. In order to achieve this, the project develops pilot initiatives in cooperation with the private sector, humanitarian and other organisations. Upcoming, in cooperation with the Swiss Development Agency (SDC), the project addresses an additional target group to enhance access to digital cross-border remittances – migrant workers (one of the key target groups: Bangladeshis working in the Garment sector). The overarching target is to improve financial inclusion of the respective target group(s) and therefore enhance economic participation and resilience.

Your tasks:

  • Coordinate the project activities related to the SDC co-financing
  • Advise various partners in developing the pilot project of outbound digital cross-border remittances (foreseen first corridor: Jordan to Bangladesh)
  • Liaise and coordinate with employers and migrant workers (planned target group: Bangladeshis) to increase the usage of digital cross-border transfers and support the digitization of salaries
  • Build capacity in financial literacy as well as tendering and contracting process
  • Manage national, regional and international consultants
  • Coordinate and manage grant agreements
  • Plan, implement and monitore activities utilising Capacity WORKS management system
  • Create knowledge products and events (e.g. toolkits, conferences and workshops) as well as translating learning experiences into publications and events

Your profile:

  • Degree in Economics, Business Administration, Finance, Social Science or comparable
  • Several years of professional experience in financial sector development
  • Thorough knowledge in the area digital financial services and remittances
  • Several years of consultancy experience in the context of development cooperation, ideally in the relevant regions
  • Excellent conceptional and analytical as well as organizational skills
  • Resilient, team player, strong social and intercultural competences
  • Proficiency in English, fluency in Bengali, knowledge of German is an advantage

Location information:

In general, the security situation is calm. GIZ staff must adhere to security measures at all times. Please also check the county-specific information provided by the German Federal Foreign Office. GIZ runs a professional security risk management system in the field of deployment. GIZ does not impose any restrictions on life partners and family members to move with you to the country of deployment. We kindly ask you to inform yourself which forms of relationships are legally and socially accepted in the country of deployment.

Notes:

Please understand that we can accept and process in principle only applications via our E-recruiting system. Following the confirmation of your successful application, kindly check your spam / junk mail folder on a regular basis, since some provider classify emails from our recruiting system as spam.

GIZ would like to increase the proportion of employees with disability, both in Germany and abroad. Applications from persons with disabilities are most welcome.

About GIZ:

We create prospects for people and with people. As GIZ has an international mandate, we offer a multicultural working environment. We are committed service providers and dedicated professionals, even under difficult circumstances. We take pride in enabling our employees to develop their professional and personal skills. There are plenty of reasons to join our motivated team – ranging from the diverse challenges you will face on a daily basis in one of our 130 partner countries, to the broad scope you will have for shaping your work.

Click here to read more.

Financial/Digital Inclusion Technical Advisor

Original source: Mercy Corps

About Mercy Corps
Mercy Corps is a leading global organization powered by the belief that a better world is possible.
In disaster, in hardship, in more than 40 countries around the world, we partner to put bold solutions into action — helping people triumph over adversity and build stronger communities from within.
Now, and for the future.

Program / Department Summary
Mercy Corps’ Technical Support Unit (TSU) is a key part of the Program Department. TSU subject-matter experts help set agency strategy and provide consultation – from assessment and design through project implementation and results measurement – to field offices worldwide, in some of the world’s toughest places. TSU team members lead research, foster organizational learning, represent Mercy Corps to external audiences, and develop partnerships. The TSU is also integral to global business development and revenue.

The financial inclusion team supports programs across the globe supporting strategy development and best practice in a range of financial services, from savings groups to new product development with Financial Service Provider (FSP) partners. The team is also positioning itself to better serve the needs of the most vulnerable with more efficient and impactful digitally enabled financial solutions in the future.

General Position Summary
The Senior Advisor position will report to the Financial Inclusion Director and work closely with a matrix team of colleagues in the field and at HQ. The successful candidate will identify new opportunities, work with teams to develop digital innovations, strategic partnerships and bundled financial services, build capacity among Mercy Corps’ field teams, and work through market systems and value chains to deliver innovation and improved access to finance for the most vulnerable populations. In doing so, you will support program design and development; network and develop partnerships; monitor and improve program quality; stay current and share on industry innovation and best practices; write competitive concepts and support proposals for submission to donors; delivering training; and disseminate information to internal and external partners.

Essential Job Responsibilities

Program Quality

  • Provide technical support to a portfolio of field programs including those in complex crisis environments.
  • Design and support delivery of effective traditional and digital interventions in financial inclusion while applying systems thinking.
  • Help improve and maintain standards of program delivery that comply with best practice, relevant regulations and requirements.
  • Build capacity of Mercy Corps team members to use human centered design, financial, and digital solutions in the design and implementation of programs.
  • Contribute to a strong and regularly updated network of technical experts and consultants that can serve as an additional resource to be deployed for program support.

Learning and Impact

  • Work with field and MEL teams to ensure that we appropriately capture the impact of our financial inclusion work.
  • Contribute to agency-wide initiatives relating to financial inclusion and digital services, and keep up to date on relevant strategies being developed across the sector.
  • Provide in-country and remote training and support for Mercy Corps staff, partners, and others.
  • Support new and ongoing programs with best practice advice and assistance on assessment, implementation, research, and evaluation needs.
  • Conduct assessments; write case studies, learning documents, short articles, and blogs; and develop internal and external dissemination plans.
  • Collaborate with the Innovation Team and the T4D Team among others to identify and nurture strategic partnerships with other organizations and institutions.

Program and Proposal Development

  • Support the review of proposals and concept notes for funding from donors including foundations, corporations, and US, European, and UN agencies.
  • Gather/analyze data and complete assessments to determine program needs and priorities and Mercy Corps’ competitive advantage for funding.
  • Work with programs, country/regional teams, and technical support units on prepositioning and development of multi-sectoral program strategies using digital solutions
  • Work with the T4D team and others to identify funding opportunities specific to our digital and mobile financial inclusion programs

Representation

  • Attend and speak at key financial inclusion industry events as required, to represent Mercy Corps work and develop new partnership and donor opportunities.

Accountability to Beneficiaries

  • Mercy Corps team members are expected to support all efforts toward accountability, specifically to our beneficiaries and to international standards guiding international relief and development work, while actively engaging beneficiary communities as equal partners in the design, monitoring and evaluation of our field projects.

Organizational Learning 

  • As part of our commitment to organizational learning and in support of our understanding that learning organizations are more effective, efficient and relevant to the communities they serve, we expect all team members to commit 5% of their time to learning activities that benefit Mercy Corps as well as themselves.

Supervisory Responsibility
None.

Accountability

Reports Directly To: Director Financial Inclusion.
Works Directly With: Field teams; TSU teams, T4D, Innovation, Ventures, and Resource Development.

Knowledge and Experience

  • Strong commitment to using financial inclusion as a tool to serve the most vulnerable in improving their incomes and resilience.
  • Bachelor’s degree or equivalent required, MA or equivalent preferred.
  • 5 – 7 years of experience in financial inclusion, with recent experience working with digital finance or mobile services (not necessarily a development role), including: High degree of fluency in microfinance, banking, community-based finance (savings groups) or insurance
  • Fluency in digital technology, mobile network operations or mobile money, and development platforms
  • Experience or knowledge of human-centred design
  • Familiarity using integrated approaches and applying systems thinking and/or key partnership development.
  • Project planning and management experience
  • Great people skills. Proven ability to build and manage strong working relationships in-person and remotely, and to build strategic partnerships with institutional partners
  • Familiarity with donor requirements and experience working on and supporting concept notes and proposals for a variety of donors including USAID, DFID etc.
  • Experience in developing country environments (experience living or working in African countries and rural areas preferred)
  • Ability to be dynamic, work flexibly and effectively in remote management situations, and manage ambiguity in the workplace
  • Willingness and ability to travel frequently to Mercy Corps project sites and field locations, including traveling to insecure environments, is required.
  • Fluency in English is required; fluency in French strongly preferred

Living Conditions / Environmental Conditions
The position requires travel at least 30% time to the field where living conditions may be exceptionally rugged or be in volatile environments where security protocols will need to be followed. Team members must be ready to deploy to field environments on short notice in response to any emergency or crisis. When in the field the team member must able to work in remote settings, over weekends and/or evening as required by the schedule, and in settings with limited infrastructure, food options, and living conditions.

Fostering a diverse and open workplace is an important part of Mercy Corps’ vision.  Mercy Corps is an Equal Opportunity Employer regardless of background. We are committed to creating an inclusive environment.

To apply for this position, click here.

Development Impact Analyst

Click here for the original source and to apply.

Development Impact Analyst

About GuarantCo

GuarantCo Limited (GuarantCo) mobilises private sector local currency investment for infrastructure projects and supports the development of financial markets in lower income countries across Africa and Asia. GuarantCo is part of the Private Infrastructure Development Group (PIDG) and is funded by the governments of the United Kingdom, Switzerland, Australia and Sweden, through the PIDG Trust, and the Netherlands, through FMO, the Dutch Development Bank and the PIDG Trust.

GuarantCo is rated AA- by Fitch and A1 by Moody’s. The company’s vision is to become a centre of excellence for local currency credit solutions for infrastructure finance in lower income countries thereby assisting with the alleviation of poverty.

GuarantCo’s funds, through the GuarantCo Management Company (GMC), is managed by Cardano Development, a Dutch foundation with charitable status. GMC provides management, advisory and support services to GuarantCo and is head-quartered in the City of London, with regional hubs in Nairobi and Singapore. The GMC team is small, diverse, focused, collaborative and action orientated. We are looking for candidates who have the experience to deliver against the responsibilities of the role and who are passionate about making a difference whilst working in an entrepreneurial and innovative environment.

About the Operations Team

The Operations team within GMC is located across London, Nairobi and Singapore and provides wide-ranging operational and administrative support to the business. Areas covered include Development Impact (DI), Technical Assistance (TA), Health, Safety, Environmental and Social (HSES), HR, IT, Reporting, Communications and general administration.

Position summary

The role will be based in London and report into the Development Impact Manager based in Nairobi with a dotted reporting line to the Grants & Compliance Manager based in London. Development Impact (DI) is at the heart of what GuarantCo does, and the role will be a key part in working with the transaction teams to analyse, monitor, review and work with GMC’s Global Execution Team to develop the Development Impact case for all transactions that GuarantCo does, as well as reviewing Development Impact performance compared to the investment case once the transaction is within GuarantCo’s portfolio, working with GMC’s Portfolio team to do so. The role will also require administration of Technical Assistance (TA) funding. GuarantCo has access to a pool of grant funding within the PIDG Trust, which GuarantCo can draw upon, to meet a range of needs associated with the infrastructure project cycle and also to improve the development impact around the projects supported by PIDG. We are looking for a flexible candidate who can work collaboratively with a broad range of colleagues across GMC and PIDG. It is the view that the approximate time allocated to DI will be 3 days a week, and TA 2 days a week). The scope of the work is designed to be flexible and not fully predefined to allow for the content to evolve and be adjustable with emerging strategic direction throughout the year.

The Development Impact Analyst will have a responsibility to foster and maintain a culture that encourages a collaborative approach between all stakeholders involved to deliver the following products and services. This role requires and will build on knowledge of financial products and services, financial systems, frontier markets, stakeholder engagement processes, as well as persuasion and patience to deal with the setbacks that are characteristic for funds that operate in emerging markets.

Responsibilities

The main work streams of the Development Impact Analyst are:

Development Impact:

  • Transaction support: under the supervision of GMC’s Development Impact Manager, actively work with GMC’s team on transactions throughout the transaction cycle and focus on the development aspects of the deal:
    • New Business Committee (NBC) stage: fill out the NBC DI template jointly with the Regional Director who has originated the transaction. Analyse, research and articulate the Development Impact for prospective transactions to support the Regional Director in developing an Impact narrative and considering ways of enhancing the developmental aspects of a deal to enhance investment decisions. This involves reviewing investment proposals, undertaking research, facilitating discussions, identifying opportunities to enhance the Development Impact of the transaction through Technical Assistance projects, bringing in Technical Assistance funds where appropriate and actively engaging in the due diligence process with the investment team.
    • Due Diligence (DD) stage: prepare a list of DD questions for the Global Execution Team (GET) to use that is tailored for the transaction. Support the GET to understand the results of DD and work through any issues for the credit approval.
    • Credit Committee (CC) stage: work with GET to complete the Results Monitoring Sheet (RMS) for each transaction for submission to CC with the credit approval paper.
    • Recourse Agreement stage: tailor the monitoring requirements within the legal documentation to the specific transaction, working with PIDG to develop standardised requirements by sector / product.
    • Financial Close: complete the RMS and submit to the PIDG Development Impact team.
    • Portfolio (post Financial Close): working with the Portfolio Manager, complete the portfolio DI template for all portfolio annual reviews. Analyse and assess over time how projects are performing against their initial development goals, feeding back learning to investment colleagues and the broader organisation.
    • Case studies: work with the Regional Director and GET member to prepare 4 case studies per year on transactions that are closed (deadline end of January) for submission to PIDG DI.
    • Lessons learned: help to prepare draft lessons learned papers for the GuarantCo Board.
  • Investigate the capital market functioning of GuarantCo’s target countries, in order to support the Development Impact Manager with making the case for strategic growth or product growth in those countries.
  • Support GMC’s Finance team to compiling Development Impact metrics on a monthly basis to report upon and making sure they are accurate in Trade Manager, GMC’s data recording system.

Grant Administration

  • Work with the Grants & Compliance Manager to process grant applications which includes reviewing grant proposals, forecasting and preparing grant budgets.
  • Respond to internal/external inquiries regarding grants and act as a liaison with to GMC and PIDG colleagues.
  • Coordinate with PIDG, GuarantCo Legal & Compliance team and clients to prepare and execute grant documentation in line with grant application.
  • Assist with the procurement process to appoint consultants to carry out TA funded work which includes drafting scope of work for consultants.
  • Assist with the drafting and execution of consultancy contracts. Prepare draw down requests and track grant receipts and payments. Disburse grants in compliance with the agreements with the PIDG Trust in adherence to approved budget lines.
  • Input grant information in the Trade Manager system, GuarantCo’s transaction and document management system and general ledger.
  • Prepare monthly TA reports for the Risk and Finance Committee, and TA project progress reports on a quarterly basis.

Other:

  • Provide support to GMC’s Climate Change Action Group (CCAG) to implement the PIDG Climate Change strategy across all pipeline and portfolio transactions as well as across the way that GMC operates its business. This will include preparing agendas, setting up meetings, performing research and preparing materials to communicate the work of the CCAG to GMC, PIDG and potentially externally as well.
  • Any other reasonable duties as may be assigned by GMC from time to time.

 

Core Competencies

Background, experience and technical skills:

  • 2-3 years’ work experience in international development, and preferably also experience in a financial institution, business or consulting;
  • Understanding of private sector development and how to achieve development outcomes through private sector investment;
  • Work experience in emerging markets and developing economies, preferably in Africa and South East Asia;
  • Relevant experience in development impact and grant funding;
  • Knowledge of impact tools and terminology;
  • The ability to describe development impact scenarios with accuracy and concision;
  • The ability to explain development impact to non-professionals;
  • Ability to work quickly and efficiently on multiple projects;
  • Demonstrated ability to take ownership for delivery of high quality deliverables;
  • Results focus: demonstrated passion and drive to achieve development impact objectives/results;
  • Fluency in oral and written English is essential and French is desirable;

Approach:

  • Effective at building and maintaining relationships within the team, external stakeholders and the wider industry;
  • Cultural awareness;
  • Organising self and others to meet agreed deadlines;
  • Creative and strategic thinker;
  • Well-developed programme and project management skills; the ability to design and deliver projects to schedule;
  • Excellent analytical and problem-solving skills;
  • Ability to work under pressure and meet deadlines while working with ambiguity;
  • Evidence based, thoughtful and highly organised;
  • Likes working in a fast-paced organisation;
  • Willing to roll up sleeves when required;

Valuing diversity is essential to GuarantCo’s work. We aim to act in accordance with and promote equality legislation by avoiding unjustified discrimination and recognising discrimination as a barrier to equality of opportunity, inclusion and human rights. All GuarantCo employees are required to ensure their behaviour is consistent with our policies. GuarantCo is committed to a policy of equal opportunity and is keen to reflect diversity at every level within the organisation.

Click here for the original source and to apply.

Policy Analyst, Financial Inclusion In-Country Implementation (Local Hire)

Original source: AFI

Background

The Alliance for Financial Inclusion (AFI) is the world’s leading organization on financial inclusion policy and regulation. A member-owned network, AFI promotes and develops evidence-based policy solutions that help to improve the lives of the poor. AFI members are at the forefront of successful financial system reforms and have the unique experience to help shape the emerging regulatory response. Many of the most effective financial inclusion policies have been innovated, supported and implemented by AFI member institutions, and offer valuable lessons for any country interested in reducing poverty. Together, AFI members are working to unlock the potential of the world’s 2 billion unbanked through the power of financial inclusion.

Driven by the AFI Third Phase Corporate Strategy (2019 – 2023), the Financial Inclusion In-Country Implementation (ICI) Business Unit is responsible for offering technical and advisory support to the AFI member institutions – mainly financial regulators and supervisors –assisting them in the implementation of their financial inclusion policy and regulatory changes. The main objective of the ICI is to facilitate the formulation and implementation of financial inclusion strategies, policies, regulations, financial oversight tools, and coordination and monitoring structures to enhance financial inclusion at the national level. AFI ICI is leverages in the core member-driven services offered by the AFI Network and it is guided by the AFI regional and technical support team.

Main Duties and Responsibilities

The Policy Analyst, Financial Inclusion In-Country Implementation, will be primarily responsible for day-to-day support on all the programs related to the ICI support and advisory services. He/she will be relied upon as a trusted resource for the team to maintain up-to-date the management process, a well as undertake research, analyze data, review documents, distil volumes of information into key insights and effectively communicate key findings. He/she are expected to have a good grasp of financial inclusion policy issues, economics literature, legal precedent, and ideally also industry developments pertaining to financial inclusion. It is highly recommended to have project management experience, writing and communication skills, leadership, and team work.

Working Relationships

The Policy Analyst will:

  • Be directly accountable and report to the Senior Policy Manager
  • Liaise and work closely with the In-Country Implementation Team and with the Policy Programs & Regional Initiatives team
  • Liaise and work closely with the Member Relations, Finance, Communications, Monitoring and Evaluation, Grants and Project Management team
  • Develop and maintain relationships with appropriate external parties

Responsibilities include the following:

  • Ensures effective management and implementation of the In-Country Implementation support program including coordination with members involved in the technical advice and administrative support for event related issues including database updates on CRM.
  • Programme support – provide support with conceptualizing, preparing, coordinating and the organization of regional and thematic conferences, workshops and events, including the annual Global Policy Forum (GPF).
  • Policy analysis – assessing issues and current trends on financial inclusion, emerging topics to address the challenges for financial inclusion, research into current practices and research work on financial inclusion that works towards the objective of reducing the 1.7 billion unbanked population.
  • Regulatory policy analysis – undertakes research work and provides analysis on various policy work streams undertaken globally to address the issues of financial exclusion, both from developing & emerging including developed countries.
  • Undertake research on a wide range on financial inclusion topics with focus on financial inclusion policy.
  • Draft financial inclusion policy presentations, briefs, reports, and conference materials.
  • Coordinate communication materials on current financial inclusion topics and trends for AFIs internal communication platform.
  • Perform other related duties as required by the Senior Policy Manger and the Policy Manager

Qualifications

The candidate will have an advanced degree in Economics, International Development, Law or another related field. Fluent in English with working knowledge of French or Spanish would be a definite asset. A minimum of 2 – 3 years’ experience working in financial inclusion policy or related field, preferably within an international organization. Management skills, excellent writing and communication skills, leadership and teamwork characteristics are also essential.

Technical Skills

  • Good command of English – both oral and written; additional language skills are an advantage
  • Excellent project management and time management skills
  • Good Analytical abilities
  • Solid analytical and research skills
  • Advanced knowledge of software/computer applications (i.e. Microsoft Word, Excel, Powerpoint)
  • Ability and experience in organizing events and meetings

Soft Skills

  • Good interpersonal and intercultural skills in a diverse international environment
  • Positive attitude and collaborative team spirit
  • Highly motivated self-starter
  • Ability to multi-task and self-manage
  • Interest in social impact and financial inclusion

Click here to apply for this vacancy.

Head, Digital Transformation – Accion Microfinance Bank

Original source: Accion

About Accion Microfinance Bank

Accion Microfinance Bank Nigeria is one of the leading microfinance institutions in Nigeria, serving Micro, Small and Medium Enterprises (MSMEs) and low-income customers. In the past decade, Accion MFB has distinguished itself through product innovation and customer service.

Accion MFB is accelerating its financial inclusion agenda by incubating a new, digital unit that will help increase the efficiency of its MSME customers and drive scale; through the smart use of digital technologies and channels, effective product design, strategic partnerships and innovative customer engagement approaches.

Position Summary

Reporting to the Chief Executive Officer, the Head, Digital Transformation will help drive the execution of the bank’s digital strategy, with a focus on delivering new digital products and services profitably; building a strong digital team and accelerating customer growth through improved customer experience and effective products. The role will work closely with the bank’s senior leadership team to overhaul the bank’s digital channels, implement risk management frameworks complementary to, and supportive of the digital transformation mandate.

Responsibilities

Digital Strategy Development in collaboration with the IT Head and Digital unit team leads, define and coordinate the digital team’s delivery calendar and digital roadmap to help drive business growth and planning. This includes:

  1. Deliver a digital innovation structure – building capabilities in the bank to create opportunities for revenue-generation and customer value-add by leveraging digital technologies
  2. Launch new digital products and services – help plan for and design the bank’s new digital product offering
  3. Assessing internal services suitability for digital transformation and rigorously prioritizing involvement by customer or cost saving benefit.
  4. Actively identify and promote partnerships with external actors to further the digital agenda

Product Delivery Management and Change Management managing the end-to-end design and commercial rollout of new digital products and services including:

  1. Promoting remote customer application and account usage
  2. Improving the customer journey to allow for an improved, more intuitive customer experience
  3. Offering new, more innovative and personalized financial products
  4. Driving customer growth and financial targets such as customer numbers, NPS, loan book size and operational efficiency

Internal Change Management and Capacity building promoting cultural change and helping to build digital capabilities within the business; advocating for data-driven, user-centric product design and an agile product development approach. In addition s/he will:

  1. Help to put in place new guidance and training for digital team members, senior management and the wider bank staff; advising on the structures needed for future digital transform
  2. Coach and mentor digital team members, strengthening their skills and use of innovative, digital solutions and agile methodologies
  3. Share knowledge: document and share learnings, disseminating useful information & tools, for internal learning and external sector-wide knowledge sharing purposes.
  4. Be a thought leader on new digital trends and opportunities that the bank can incorporate into its digital strategy to drive strategic growth ambitions
  5. Collaborate effectively across other areas of the bank as well as leverage relationships in the industry to enhance the bank’s knowledge and capabilities in digital innovations and customer strategy

Qualifications

  • Bachelor’s degree in IT, business, finance or related careers; Masters or MBA preferred.
  • Minimum 15 years’ experience of consulting or working within a financial services institution, with practical exposure to financial services, strategy, and hands-on operating experience in challenging contexts
  • Minimum 8 years in a management role
  • Must have excellent knowledge of and expertise in digital financial services as well as hands-on knowledge in areas such as mobile money, digital payments, mobile banking, data and business intelligence platforms, digital field applications, etc.
  • Proven project success in influencing customer behavior change and driving usage of digital financial products
  • Understanding of financial inclusion product design approaches like customer value proposition design, business model canvas, and customer journey mapping
  • Experience leading cross-functional project teams from discovery through implementation; ability to prioritize multiple tasks, lead and motivate others and meet deadlines
  • Experience of data driven design and the production of effective management information.

General Competencies Required

  • Excellent verbal and written communication and presentation skills; comfortable interacting with senior management
  • Excellent multi-tasking skills with a positive, can-do attitude.
  • Ability to negotiate consensus among diverse groups and influence and impact the activities of others not in own reporting structure.
  • Strong business negotiation skills.

To apply for this vacancy, click here.

International Financial Inclusion Senior Technical Advisor

Original source: UNDP

Duties and Responsibilities

The consultant will carry out the following tasks

  • Preparation of a UNDP-supported project on digital finance for post-disaster response and recovery

Project preparation will involve close coordination with staff from the Department of Social Welfare and Development (DSWD), the World Food Program (WFP), international and local NGOs (e.g., Oxfam, the Philippines Disaster Resilience Foundation), private sector digital wallet providers (e.g., PayMaya, Gcash), and other stakeholders as deemed appropriate.

Building on an earlier draft of the project document, the consultant will convene consultations with the main project stakeholders to finalize project design and components, estimated budget, monitoring and evaluation framework, and implementation arrangements.

  • Prepare an initial concept to test the use of financial technology in the DSWD conditional cash transfer program

The consultant will hold consultations with the DSWD, Land Bank of the Philippines, Bangko Sentral ng Pilipinas and potential financial technology (fintech) providers to develop an end-to-end solution prototype from beneficiary identification through to payment disbursement, monitoring and reporting. The concept should have the potential for deployment at scale, and would explore the use of a wide array of possible fintech applications (e.g., e-wallet providers, cash-in/cash-out agents, fintech apps).

  • Support local project manager

As needed, mentor a local project manager who is expected to be hired to manage the implementation of the proposed UNDP-supported post-disaster project.

  • Contribute to a concept note of advocate for and develop the capacity to expand the demand for and supply of shariah-compliant Islamic financial products and services, especially in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM).

Drawing on the findings of an earlier study that assessed opportunities and constraints for Islamic finance as part of the Marawi City recovery, the IC will review and provide written comments on a draft concept note that will be shared with the IC on opportunities for expanding Islamic finance. Comments would inlcude recommendations on the role and responsibilities of different stakeholders, including UNDP, would play in expanding the development of Islamic finance, especially in the BARMM

Competencies

Corporate competencies

  • Demonstrates strong analytical skills and mature judgement
  • Ability to provide quality policy advice services on related issues
  • Demonstrates capacity to plan, organize and execute effectively
  • In-depth practical knowledge of inter-disciplinary development issues
  • Ability to lead formulation of strategies and their implementation
  • Ability to work in a diverse and multi-cultural environment
  • Self-motivated and ability to work under pressure and to meet strict and competing deadlines
  • Displays analytical judgement and demonstrated ability to handle confidential and politically sensitive issues in a responsible and mature manner
  • Demonstrates openness to change and ability to manage complexities

Required Skills and Experience

Offers will be evaluated based on a combined scoring method

For further information and to apply for this vacancy, click here.

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