Summary
Date Posted: Tuesday, February 14, 2023 , Base Salary: Not Disclosed

JOB DETAILS:

Primary Duties and Responsibilities:
• Conduct rapid review of financial institutions with DCA guarantees based on Palladium previous work to establish a strategy to address access to financing in targeted value chains.
• Work to connect prospective investors with DCA guarantees to ensure risk is sufficiently mitigated to finance target value chain SMEs
• Analyze reasons for DCA under-utilization as well as success factors and develop methods to increase their utilization among Kenya’s financial institutions.
• Supervise the work of subcontractors on KIM working to provide technical assistance and training to financial institutions.
• Lead conversations with USAID Kenya and DCA in Washington to negotiate changes to existing DCA guarantee instruments and how they can be modified to align with a changing Kenyan market.
• Work with the Opportunities Team to develop a pipeline of private sector firms whose loans could potentially be backed by DCA guarantees.
• Monitor DCA utilization in the Kenyan market each quarter and report this information to USAID.
• Develop and maintain a community of practice among financial institutions with DCAs to share lessons learned, highlight successes, and develop best practices.

Required Qualifications:
• Master’s Degree in a relevant subject (MBA, MA in Business, Economics, International Development, Agriculture, etc.) or a B.A. and 10+ years of similar experience.
• Five years or more of work experience required in the finance and investment field.
• Significant experience and/or exposure to USAID’s Development Credit Authority mechanism required.
• Overall experience with loan guarantee mechanisms, financial inclusion services, and/or alternative financing schemes required.
• Demonstrated experience providing training to financial sector actors required
• Excellent contacts within Kenyan international banking/investment fields
• Impeccable professional record and integrity
• Excellent verbal and written communication skills in English
• Local Kenyan candidates are preferred


Work Hours: 8

Experience in Months: 60

Level of Education: Associate Degree

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