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Created in 2012, FSD Africa is a £30 million financial sector development programme or 'FSD’ based in Nairobi. It is funded by the UK Government’s Department for International Development (DFID). FSD Africa aims to reduce poverty across sub-Saharan Africa by building financial markets that are efficient, robust and inclusive.
JOB PURPOSE
The Manager, New FSD Strategies is responsible for supporting the establishment of five new FSDs entities in Ethiopia, Ghana, Sierra Leone, Zimbabwe and in the West African Economic and Monetary Union (WAEMU). This work is highly strategic, expanding the FSD Network footprint into new and important markets. The role will support and lead the development of strategic frameworks and the population of these frameworks with a portfolio of impactful programmes and projects. To enable this effort, the role will also support and lead aspects of delivery platform development – the establishment of the FSD entities themselves.
KEY RESPONSIBILITIES AND ROLE REQUIREMENTS
Establishment of New Entities
Support the effort to develop and implement a project plan for the foundation and registration of five new FSDs (in Ethiopia, Ghana, Sierra Leone, Zimbabwe, and WAEMU); ensuring that each new entity is provided with a firm foundation for future success:
2. New FSD Programming & Strategy
Liaise with the New FSD Strategies Senior Manager, the FSD Africa CEO and Pillar Teams to identify priority areas for programming across the new FSDs portfolio; oversee relevant research, development and testing of theories of change, and conceptualisation of new projects:
Support the development of strategic frameworks, bringing them to life with well-designed programme and projects for delivery in each New FSD location,
As requested by the New FSD Strategies Senior Manager, carry out research to gain a deep and comprehensive understanding of the ecosystem in new countries of operation, as well as needs and requirements of stakeholders and how to leverage beneficial change
Develop and test theories of change, aligned to the overall FSD 2.0 strategy, for programmes that will be rolled out by the new FSDs
Work collaboratively with the Results Pillar to devise and manage results measurement and learning frameworks that will yield important insights into the development of effective long-term interventions
3. Project Planning
Support the New FSDs Senior Manager to conceptualise and develop a coherent portfolio of projects and implementing partners which will collectively be effective in driving impact and systemic change in the countries of operation of the new FSDs and more widely across the region:
Identify a variety of instruments that might stimulate financial inclusion for FSD Africa’s target end-beneficiaries.Such instruments will be context-specific but might include digital finance solutions, credit scoring, digital identity etc.
Contribute to the identification of potentially impactful implementing partners; support them through the due diligence process and the development of grant agreements
Collaborate with implementing partners and relevant technical experts to develop project proposals that comply with Investment Committee standards
Ensure that all staff, consultants and implementing partners involved in a project are fully briefed concerning expectations; especially on project milestone targets, quality standards, data collection/reporting and compliance with risk management / accountability requirements
Lead the delivery of programmes and projects in close collaboration with the New FSDs Senior Manager
Develop detailed implementation plan, budgets and cash-flow forecasts that will ensure project success and address capacity gaps of partners
4. Project Implementation & Budgeting
Co-ordinate the roll-out of new FSD projects so that results are achieved, budgets and risks are managed, and quality projects are delivered, managing the eventual handover to in-country staff:
Work with implementing partners to assist them in implementing their projects according to the project plan:
Provide technical assistance, or organise the provision of support, to Implementing Partners (includes supporting delivery partners to provide data for the Results team, Learning and Grant accountability data)
Review the Monthly and Quarterly Reports and take appropriate action based on results and analysis:
Identify and mitigate project risks in a timely manner (project delivery and partnership management)
Communicating for Impact
When developing project plans for New FSDs, consult and collaborate with the Advocacy and Communications team to develop and implement plans for influencing stakeholders that will support the success of the intervention; for instance, advocating for policy reform or stimulating grass roots demand:
Carry out any other duties or special assignments as assigned by the Management.
PERSON SPECIFICATIONS
Qualifications and Education
Good quality bachelor’s degree from a recognised university in a relevant field
Relevant post graduate qualifications are an advantage
Excellent skills in written and spoken English
Essential Experience, Knowledge and Skills
Desirable
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