Summary
Date Posted: Thursday, May 26, 2022 , Base Salary: Not Disclosed

JOB DETAILS:
Kenya PSDI Director, Financial Institutions (FIs)

Project Overview and Role:
Palladium is seeking a Director, Financial Institutions (FIs) for the anticipated USAID-funded program, which is anticipated to begin in 2023. The USAID/Kenya and East Africa Private Sector Development Initiative (PSDI) will be a 5-year program focused on accelerating agriculture-led growth in Kenya through partnerships with large agricultural sector firms (such as processors and off-takers) and expansion of smallholder farmer out-grower schemes. The anticipated activity will focus on creating jobs and generating large scale increases in sales/exports in the agriculture sector cost-effectively and, ideally, through a sustainable and locally-led vehicle. The activity would combine tools used in USAID’s traditional private sector development activities with tools used to mobilize finance and investment into one mechanism – supporting a range of agricultural firms to expand investments and operations via a blended finance approach. For more information on the potential project, please consult the RFI: https://www.grants.gov/web/grants/view-opportunity.html?oppId=338564 .

Primary Duties and Responsibilities:
Define Kenya’s PSDI strategy to deliver innovative, alternative financial products/services, and expand growth of financial institutions related to Kenya’s agricultural sector.
Provide technical leadership to increase access to tailored financial products and stimulate the local market for private equity and blended finance instruments. This may include overseeing the provision of technical assistance to financial services providers (banks and non-bank intermediaries) to enhance their products and services, and private equity funds to help them mobilize capital from local and international financial institutions and investors
Represent PSDI’s FI activities in meetings with public and private sector actors including GoK, non-governmental organizations, business associations, among others
Supervise implementing partners, sub-contractors, and grantees as they undertake tasks relating to expanding and supporting FIs
Travel to various regions of Kenya as needed
Any and all other project-related tasks as required by the Chief of Party and Palladium HQ

Required Qualifications:
Advanced knowledge of the financial sector and financial institution interventions in Kenya, including key stakeholders and existing products and services
Robust networks within the Kenyan financial sector
Proven track record working with financial institutions and private equity funds to enhance their products and services, and to increase enterprises’ private equity funds’ access to capital from local and international institutions and investors
Experience working on USAID or other donor-funded programs of a similar size
Excellent communications, organizational, and interpersonal skills
Knowledge of USAID policies, procedures, and reporting requirements preferred
Experience working for large donor organizations such as USAID preferred
Written and oral proficiency in English required

Education Requirement: No Requirements

Job Experience: No Requirements

Work Hours: 8

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