World Vision International

This job is no longer available.

You can view related vacancies or set-up an email alert notification when similar jobs are added to the website using the buttons below.

Innovative Finance Specialist

Job Description

Job Opportunity

Innovative Finance Specialist

World Vision International (Rwanda) is a child focused Christian humanitarian organization implementing development programs in 17 Districts of Rwanda.

World Vision seeks to hire a highly qualified, dedicated and experienced national for the position of Innovative Finance Specialist. This position will be based at the Head Office, and reporting to the Private Sector Development Advisor.

Purpose of the position:

In particular, it is expected that Isuku Iwacu will engage with financial sector service providers such as banks and microfinance institutions, via partnerships as well as the provision of technical assistance to lenders.

Under the leadership of the Isuku Iwacu Private Sector Development Advisor (PSDA), the Innovative Finance Specialist (IFS) will assist in the design and/or execution of the project’s private sector engagement and the development of entrepreneurs within Rwanda’s sanitation and hygiene (S&H) sector. The IFS will be responsible for coordinating and/or implementing activities primarily under IR1: Demand for sanitation and hygiene products and services increased, and specifically those related to Sanitation financial products developed to provide access to loans for purchase sanitation & hygiene products and services; Increased capital for village savings and loans associations (VSLAs) and Cooperatives to scale up savings and lending activities to ensure the sanitation and hygiene and finance services are integrated for the benefits of rural households from Ubudehe 1 & 2. S/he will coordinate, implement and/or assist the implementation of all activities aiming at creating demand of sanitation loan products and in the decentralization of supply of these products at ground level. Additionally, this position will be responsible for assisting in the execution of portions of IR2: Improved supply and availability of S&H products, such as improved latrines, and services including construction and recycling waste, in the private sector. These results include the development of public-private partnerships, providing technical expertise and analyses on private sector development issues within Rwanda’s S&H sector, including the evolution of the S&H private sector, opportunities for entrepreneurs, and the role of regulation and standardization..

Communicate World Vision's Christian ethos and demonstrate quality spiritual life that can be commendable to others.

The major responsibilities:

  • Pilot, evaluate, and scale new financial tools and models developed by/for Micro finance institutions (MFIs) as well as through other finance mediums to increase financial accessibility to household sanitation

  • Support expanding financial access to sanitation business suppliers (SBS) for SME loans through innovative financing mediums

  • Support capacity building of MFIs to develop, pilot, market and scale new sanitation loan products to savings groups, cooperatives, to other community-based platforms.

  • Work with peers from national MFI working groups to scale products, integrating them into the Government of Rwanda’s national WASH sector strategic plans.

  • Work with Private Sector Development Advisor to develop and oversee a market and consumer interest analysis to assess lending preferences for sanitation loans for Ubudehe 1 and 2 households

  • Facilitate the increase in access to financial services to this population through formation of group-based savings and Farmer Field and Learning Schools, cooperatives etc.

  • Facilitate the introduction of new, innovative practices, methodologies or concepts such as the interchange fee between non-formal banking institutions (SACCOs, microfinance institutions) and group borrowers to sustainably facilitate disbursements to groups, while reducing the risk of fund diversion.

  • Facilitate and create links to non-formal and formal financial institutions

  • Provide support to the PSDA when organizing stakeholder meetings to meet program needs and demands.

  • Assist the Monitoring, Evaluation and Learning (MEL) officer in updating performance indicator reference sheets and M&E database.

  • Using Isuku Iwacu data collection and reporting tools, and collect data in coordination with Gikuriro and all other projects working in target districts.

  • Assist the MEL officer in conducting Data Quality Assessments and document findings.

  • Support the implementation of the annual Environmental Mitigation and Monitoring Plans.

  • Support the MEL officer in preparing and/or executing Collaborative Learning and Adaptation (CLA) sessions to share achievements and trends in performance data, and challenges.

Qualifications: Education/Knowledge/Technical Skills and Experience

The following may be acquired through a combination of formal or self-education, prior experience or on-the-job training:

Education:

  • Master’s degree in Degree in Business Administration, Finance, Economics or a related field

    Experience

  • 7-10 years’ experience working within a microfinance institution, demonstrated experience supporting the development of financial loan products within MFIs required

  • In-depth knowledge and understanding of the Rwandan private sector development required;

  • Demonstrated experience and knowledge of Rwandan private sector stakeholders, supporting the development of financial loan products within MFIs.

  • A proven ability to work collaboratively with and build consensus among private and public sector stakeholders;

  • Ability to work independently and effectively within tight deadlines;

  • Proven experience developing high-quality written deliverables, such as training materials, work plans and periodic performance reports.

Experience working with USAID or other donors.

Other Skills

  • Strong organizational skills, including ability to prioritize and meet deadlines.

  • Demonstrated ability to work in a fast-paced and detail-oriented, with a proactive planning and execution.

  • High standards of integrity, professionalism, and impartiality.

  • Excellent interpersonal and networking skills.

  • Ability to work collaboratively in teams, build consensus, and effectively coordinate with internal and external actors is highly desired.

  • Ability to supervise staff and coordinate with partners from a broad range of backgrounds and experiences.

  • Ability and willingness to travel to target districts.

  • Strong working knowledge of English (spoken and written).

  • Fluency in Kinyarwanda.

Working Environment / Conditions:

This position is based in Kigali, with frequent travel to at least four of the eight target districts

Salary:

  • The salary is commensurate with qualifications and experience:

How to apply:

Should you wish to apply for this position, please go to http://careers.wvi.org/job-opportunities-in-rwanda

If this is your first time applying onlinevia the World Vision International careers website, you will need to register an account along with your application details. This site will provide you with additional functionality, such as saved searches and email alerts. Registration requires minimal information to create your account. Further details will be collected during the application process

All applicants must apply using our online application system,CVs received via email or standard post will NOT be considered.

In case you face any challenges in applying, please let us know on wvrwanda-recruitment@wvi.org(no applications will be accepted through this email)

The closing date for submission of applications is February 16, 2017; no late applications will be accepted

As a child focused organization, World Vision is committed to the protection of children and does not employ staff whose background is not suitable for working with children. All employment is conditional upon successful completion of all applicable background checks, including criminal record checks