Jun 17, 2017

Jordan: Access to Finance Specialist

NGO/UN Job Vacancy



Organization: Mennonite Economic Development Associates
Country: Jordan
Closing date: 01 Jul 2017

MEDA invites applications for the post of Access to Finance Specialist for the Jordan Valley Links project in Amman, Jordan. The successful candidate will ideally be able to assume duties in May 2017 and will be based in Amman. MEDA is a non-governmental, not-for-profit organization registered in Canada and the United States. It was founded in 1953 by a small group of business people who saw the need to invest with, and provide support to entrepreneurs and communities to help them take advantage of economic opportunities. MEDA’s work is founded on respectful interaction with communities, supporting women and youth to rise above the social and cultural barriers that stand in the way of success and improved livelihoods.To learn more about MEDA and our work, please visit www.meda.org.

The Access to Finance Specialist will work with informal financial mechanisms (can include savings and loan groups, crowd funding etc) and formal financial institutions (can include Microfinance Institutions and Commercial Banks) in Jordan to foster access to financial and non-financial services for women and youth entrepreneurs and will also lead the development of products and services that are tailored and appropriate for women and youth in the Jordan Valley.

The position is collaborative in nature, working closely with the project’s Value Chain, Communications, M&E, and Gender and Youth Specialists, key facilitating partners, and other stakeholders to ensure demand driven products and services are available to target beneficiaries, further reaching the JVL project’s overall goal. The specialist will work closely with other A2F consultants and technical experts from MEDA HQ. The A2F specialist will report to the Deputy Project Director.

Specific responsibilities of the Access to Finance Specialist include:

· Provide technical guidance on A2F-related issues and work closely with project staff, partners and other stakeholders to identify gaps and devise solutions that address financial needs within selected value chains. Possible areas of services could include but are not limited to:

o Value chain financing options that are accessible, appropriate and affordable;

o Non-financial services;

o Savings and Loan Groups; and

o Green financing;

· Establish and facilitate strong relationships and work closely with formal financial institutions and business development service providers to develop/tailor products and services (financial and non-financial) that accommodate the needs of women and youth;

· Based on the MEDA savings and loans groups (SLGs) assessment, support the development of the SLG approach and roll-out to selected facilitating partners.

o Work with Key Facilitating Partners and support the development, roll-out and ongoing monitoring of SLGs;

o Identify gaps and opportunities to integrate and/or facilitate linkages to value added services;

o Support on the provision of basic financial literacy and household financial management skills (either through a linked partner or through facilitating partners);

· Assess the potential of digital financial services to expand financial inclusion for women, youth and rural populations where appropriate;

· Work closely with the Partnerships and Communications Specialist and Gender and Youth Specialist to develop awareness activities and content related to financial literacy, access to finance, and the Innovation and Matching grants for the project’s target groups;

· Assess and monitor the overall quality of target savings groups and SMEs and entrepreneurs being linked to financial institutions by the project to identify capacity building opportunities and technical assistance needs;

· Contribute inputs to project annual work plans, progress reports and other M&E, reporting and communications activities, in collaboration with project staff;

· Remain current on A2F developments in Jordan and MENA region.

Required Skills and Qualifications

· Bachelor’s degree related to Finance or any other related field

· Previous experience in access to finance, including knowledge of and experience in financial product development (formal and informal) with a variety of institutions (savings groups, MFIs, commercial banks, etc.)

· Strong coordination, networking and relationship building skills

· Organized, punctual and detailed; good negotiation skills, strong communication skills, excellent judgement and effective problem solving abilities

· Strong communication skills (written and verbal) across various media; email, phone, in-person and in group settings

· Previous experience in value chain development a definite asset

· Fluent in written and spoken English and Arabic

· Proficient in use of MS Office

· Applicants must be Jordanian Nationals


How to apply:

To apply for this position, please send your resume (in English) and cover letter by e-mail to jordanjobs@meda.org with “*Access to Finance Specialist*” on the subject line.