Job Summary
The Regional Coordinator for the East African Community (EAC) will have direct oversight of the regional agenda for KIM and will support the partners across the East African Community; Kenya, Uganda, Tanzania, Burundi, Rwanda plus Ethiopia to carry out a coordinated regional approach.
Minimum Qualification:Masters
Experience Level:Management level
Experience Length:10 years
Job Description/Requirements
USAID’s Kenya Investment Mechanism
Position Description – EAC Regional Coordinator
Position Level: Manager Level I
Project Overview
USAID’s Kenya Investment Mechanism (KIM)
KIM is a USAID funded project that is designed to unlock $400 million in investment for key sectors of Kenya’s economy, including agriculture; horticulture, dairy, and livestock (supported by Feed the Future), energy (supported by Power Africa), regional trade and investment opportunities (supported by the Prosper Africa initiative), women-owned businesses as well as in the WASH, health, and infrastructure sectors. KIM addresses constraints on both the supply and demand sides of investment transactions and is building a market system that will mobilize substantial capital from the public and private sectors. By building local partnerships among stakeholders in the financial system, KIM is stimulating the power of the private sector to accelerate Kenya’s journey to self-reliance.
KIM addresses two principal market failures that have discouraged investors from financing important segments of the targeted sectors: (i) insufficient quality consulting services (financial, transaction advisory, strategy, and business performance); and (ii) limited scalability of financial products tailored to selected key sectors of the economy in the region. KIM provides capacity building support to both business advisory service providers (BASPs) and Financial Institutions (FIs). KIM uses smart incentives to mobilize finance for development in the targeted sectors. These incentives are designed to create a sustainable ecosystem for businesses to access finance and investments needed to expand and grow. Business transactions are further supported by a diverse range of sustainable partnerships--with and among strategic businesses, institutions, government counterparts (county and national) and other development partners. These partnerships will lead to scaling and replicating creative approaches to unlock finance and investments, reduce risks of extending credit to the agriculture and energy sectors, and offer testing of innovative business models that can be scaled.
The Palladium Group
Palladium is the implementing organization behind KIM. As a global leader in the design, development, and delivery of Positive Impact, Palladium creates enduring social and economic value. We work with foundations, investors, governments, corporations, communities and civil society to formulate strategies and implement solutions that generate lasting social, environmental and financial benefits.
For the past 50 years, we have been making Positive Impact possible. With a team of more than 2,500 employees operating in 90 plus countries and a global network of more than 35,000 technical experts, Palladium has improved - and is committed to continuing to improve - economies, societies and most importantly, people's lives.
The Role
The Regional Coordinator for the East African Community (EAC) will have direct oversight of the regional agenda for KIM and will support the partners across the East African Community; Kenya, Uganda, Tanzania, Burundi, Rwanda plus Ethiopia to carry out a coordinated regional approach. The EAC Regional Coordinator will be based in Kenya and will report directly to the Business Advisory Service Providers (BASPs) Director. The EAC Regional Coordinator will work closely with the USAID’s KIM technical teams, as well as with program partners on the ground. This is a full-time contract opportunity.
Responsibilities
• Act as the primary liaison between USAID’s KIM and the stakeholders across the listed countries in the EAC plus Ethiopia.
• Coordinate work between the local partners and targeted institutions to advance KIM’s capital mobilisation objectives in the EAC (at the national and regional levels).
• Assist local partners to develop and implement work plans that feed into a coordinated strategy, promote collaboration and coalition building that leverages each partner’s strengths and minimizes duplication.
• Monitor partner performance to ensure deliverables are met and modify work plans as needed.
• Provide and/or facilitate technical assistance to local partners, as needed.
• Continuously appraise the policy landscape, including potential opposition, and ensure that local partners are taking advantage of opportunities and addressing opposition.
• Help build strategic partnerships with the government, enterprises and BASPs to become better prepared to develop the comprehensive strategy and to monitor, expose and counter sector interference with the program implementation process.
• Represent USAID’s KIM at key meetings with enterprises and BASPs at national and regional level and ensure that USAID’s KIM priorities are fully communicated to all stakeholders.
• Hold regular strategy discussion calls and meetings with the USAID’s KIM team to discuss progress of work, as requested.
• Facilitate regular, in-person and virtual meetings with partners, among them and with USAID’s KIM.
• Produce quality and timely reports on activities and other deliverables for the assigned portfolio of work, and report against established targets.
• Perform other duties as requested by the USAID’s KIM team.
Requirements
• Bachelor or Master’s degree in Finance, Economics or a Bachelor of Science in Business Administration Degree or other related degree.
• 10 years’ experience in loan underwriting, portfolio management and collections required. Agricultural and energy lending experience a plus.
• Proven ability to develop and work in partnership with multiple stakeholders, with government officials, private sector, and BASPs at various levels.
• Ability to strategize with and coordinate multiple institutions working toward a goal.
• Strong understanding of government policy-making processes and players, particularly industry opposition and how to manage it.
• Ability to work in a fast-paced, team-oriented environment while juggling multiple projects and deadlines.
• Demonstrated experience providing training to the financial sector required.
• Strong contacts within Kenyan international banking/investment fields.
• Impeccable professional record and integrity.
• Demonstrated ability to communicate (verbally and in writing) complex issues in a concise, compelling, and easily understandable manner.
• Strong interpersonal and organizational skills.
• Proven ability to work effectively and collaboratively as a member of a dynamic and dispersed team.
• Ability to work effectively and to report and communicate regularly and promptly.
• Proven ability to translate program strategies, priorities, plans, and budgets into result-oriented activity plans at country-level.
• Local Kenyan candidates preferred.
Please note that this position is contingent on USAID approval.
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