Position Summary
Reporting to the Vice President Business Development & Strategic Partnerships, the Head of Innovative Finance will be responsible for implementing and driving a strategy to improve the availability of inclusive and affordable financial services at scale by facilitating and supporting the development of a range of dynamic programmes that support capacity building for borrowers and financial services providers. S/he will catalyze and promote de-risking mechanisms such as value chain and blended finance instruments including guarantee mechanisms and impact investments by promoting the use of digital alternative data and delivery mechanisms. S/he will for oversee the delivery of suitable innovative finance solutions that ultimately benefit Africa’s smallholder farmers. The position will be based in Nairobi, Kenya.
Key Duties and Responsibilities
Lead and manage AGRA’s Innovative Finance Unit to draw on AGRA’s expertise to develop and contribute to the transformation of agriculture in Africa.
Identify, develop and maintain strong relationships with other partners working to improve access to finance for agriculture in Africa to understand the landscape of current efforts
Refine AGRA’s role in ensuring appropriate access to credit for agriculture, and improve collaboration in investments that further this work and in sharing the lessons that inform future solutions
Lead the development of the Innovative Finance Strategy for AGRA, including the hypothesis, the theory of change and action and the implementation plan
Provide high-level intellectual leadership for the team to develop innovative solutions to catalyse private sector investment in support of increasing access to credit and other financial services for Agriculture in Africa
Ensure the current Innovative Finance investments are being executed as effectively as possible while reviewing consistently to capture any required  adjustments
In partnership with the Resource Mobilization team, raise sufficient resources to execute the strategy ultimately approved by the Board, including both direct investments into AGRA for the operations of the Innovative Finance team, as well as investments directly into the schemes that AGRA helps to develop
Along with the team and other AGRA teams, ensure that the appropriate documentation for these investment instruments is developed and that effective processes and procedures are put in place for the governance and monitoring of these investments
In partnership with the M&E team, ensure that measurement plans for these investments is well-defined in the strategy and effectively established and implemented in each investment.
Maintain a wide network of stakeholders and contributors to drive innovative finance strategies in the short, medium to long term.
Key Qualifications and Experience required
Master’s degree in Economics, Business Administration, International Development, Finance, Public Administration or any related discipline, from a reputable institution
Bachelor’s degree in Finance, Economics or any other related area.
15 years’ experience spanning operational, strategic managerial and leadership positions  in the financial services sector, preferably in Africa, specifically in the areas of rural and agriculture finance, strategic planning and analysis, channel management and product development
Strong knowledge and experience on how to structure commercial and social partnerships with leading financial service providers, mobile network operators, other technology companies, NGOs and consulting companies to reach rural lower segment markets through technology and branchless banking approaches
Strong grasp of recent advances in managing risk on Agricultural financing in a rural environment in the context of both direct to farmer and value chain financing projects
Familiar with key developments, research and industry trends centered around innovative products for financial inclusion such as credit, savings and insurance
Diverse financial sector experience (banking/management consultancy/ development/ research)
Strong understanding of the technical aspects of the African financial systems
Demonstrated experience working in a complex or pioneering environment and in managing, and creating opportunities for change
Strong relationship management experience with the ability to effectively engage with a diverse range of stakeholders at the highest levels
Experience in formulating, developing and implementing new strategies
Fluency in English required; ability to communicate in French will be considered an asset.
An attractive remuneration package commensurate with the responsibilities of the position will be negotiated with the successful candidate.

If you believe you are the right candidate for this position, kindly submit your application with a detailed CV (including your e-mail address and telephone contacts to recruit@agra.org noting to quote the job reference number.To be considered, applications must be received on or before 1st September, 2017.For more information on AGRA, please can visit www.agra.orgAGRA is an Equal Opportunity Employer

Apply via :

recruit@agra.org