PharmAccess Foundation is an international organization with its head office in the Netherlands and country offices in Kenya, Tanzania, Nigeria and Ghana. PharmAccess designs, innovates and implements products and services for the benefit of healthcare facilities, doctors and patients to facilitate access to better healthcare for all. Example of such products and services are our health insurance programs, mobile and digital innovations (M-TIBA), loans to doctors (Medical Credit Fund), clinical standards (SafeCare) and impact research, all implemented in a public-private partnership approach through Kenyan and international companies, organizations and government institutes. PharmAccess employs approximately 240 international staff with various backgrounds ranging from medical, economic to scientific experts and leaders.
Medical Credit Fund
Medical Credit Fund (MCF) was founded in 2009 to bridge the finance gap faced by African private health care facilities or Health SMEs. Operating from Amsterdam, the Netherlands, MCF works with technical assistance and banking partners to provide clinical and business advisory services and mediate in credit delivery. MCF was founded by PharmAccess
International (PAI) and cooperates closely with the same in many areas, particularly as regards the provision of tools and instruments for clinical upgrade under the SafeCare brand. After a start-up and early expansion process, the MCF and PAI are now embarking on a strategy of consolidation and scaled roll-out of products and services. This will involve the underwriting of larger numbers of loans by MCF and training and monitoring of larger numbers of borrowing health facilities in cooperation with PAI.
MCF attracts borrowing clients through partner banks, technical partners and internally activated networks. In all the cases, partner banks provide loans whereas MCF underwrites
the loans by co-financing thereof and talking a risk position. In addition, MCF participates in various programs where it is responsible for providing or supervising business training and support.
All underwriting transactions are captured in MCF’s own loan tracking system which is linked to the systems of participating banks. All other activities are captured in PAI’s database system.
The position of Business Analyst (BA) contains three main components: participating in underwriting processes, training and guidance of (prospective) borrowing clinics and
reporting on all activities as per standard MCF and PAI reporting policies and formats. Given the current composition of the MCF team, especially the reporting component will be critical to the function.
The BA will participate in implementation or supervision of underwriting activities. The partner banks will apply their own intake and appraisal policies and can independently approve loan requests. However, for the MCF to back up a loan approval through underwriting, it has to apply its own endorsement policies which mostly deal with eligibility and quality considerations. In specific cases the banks may request the MCF to also participate in their own appraisal processes.
The BA will coordinate with banks and technical partners the processing of all pending and expected loan and underwriting requests. To that end the BA will accurately update the MCF pipeline software and feed updates into the central MCF pipeline registry in Amsterdam.
The BA will routinely include all planned underwriting activities into the on-rolling overall MCF activities planning system.
The BA will monitor the recruitment, loan preparation, training, and monitoring work of MCF’s technical partners in the country based on current partnership contracts and, if so required, propose specific or remedial action to keep all activities on track
In selected cases the BA will provide similar serviced directly to health facilities recruited by the banks or by MCF or PAI, depending on urgency and workload
Monitoring and Reporting
The BA will participate in MCF’s and PAI’s data base systems, especially with the purpose of supporting planning and reporting activities.
The BA will be the first responsible for composing and submitting all progress and related reports required by MCF and PAI.
Positioning and Reporting
The BA will be employed on behalf of the MCF by PharmAccess Foundation Kenya and be stationed at its office in Nairobi. The BA is expected to travel extensively in the country.
At the request of MCF, the BA may be temporarily stationed in other countries in the region with the purpose of setting up MCF data mining and underwriting capacity similar to the Nairobi practice.
The BA forms part of the MCF Team at the Nairobi office and will expectedly frequently liaise with MCF teams elsewhere in the continent as well as with the other teams at the Nairobi office
Functionally and formally the BA reports to the MCF Program Director in Nairobi.
Operational communication and coordination lines need to be directly maintained at all times with the Senior Business Analyst Kenya, MCF Senior Financial Analyst and the MCF Process Manager in Amsterdam, yet are subject to approval of the MCF Program Director in Nairobi.
Qualification & Requirements
Suitable candidates can apply by sending their cover letter and detailed resumes to firstname.lastname@example.org. The email subject should read Business Analyst-MCF.
The deadline for application for this position is 2nd August 2019.