Financial Services Lead – USDA/Malawi Market Transitions to Enable New Growth Opportunities (MTENGO)

  • Location:
  • Salary:
    negotiable
  • Job type:
    Full-time
  • Posted:
    3 weeks ago
  • Category:
    Budget and Accounting, Finance
  • Deadline:
    07/04/2023

JOB DESCRIPTION

The Market Transitions to Enable New Growth Opportunities (MTENGO) project is a five year, USDA-funded project implemented by Winrock International in the Northern and Central regions of Malawi. MTENGO uses a farmer-first approach grounded in market incentives to increase resource-efficient, reliable production from Malawian agriculture in the face of climate unpredictability. MTENGO’s approach will enable farmers to: Diversify and achieve stable returns from their farming portfolio through climate smart farming by responding to market demands with diversified production; Increase access to water for productive purposes through improved water management practices; Make ecosystem services work for farmers by improving farmer access to, and collective management of, water, soil, and forest products; and Increase access to markets and finance so farmers can make climate smart investments. The Financial Services Lead will provide overall technical leadership for MTENGO’s access to finance activities. ESSENTIAL RESPONSIBILITIES: Serve as the focal point on all access to finance activities, including MSME finance, microfinance, cooperative financial services, cooperative group saving and credit, and VSLA. Work closely with and advise the Technical Director, the Technical Managers, District Field Officers, and the GESI Advisor on integration of appropriate access to finance interventions into project activities including integrating financial literacy into trainings on diversified crop systems and climate smart agriculture. Develop credit assessment tools to be used by District Field Officers to help farmers calculate risk profiles, cost-benefit analyses, and return on investment to support farmers to make informed decisions on whether to take credit or not. Advise on how financial services activities should be differentiated across the broad spectrum of MTENGO participants and identify improved financial practices and products that support the adoption of climate smart agriculture practices. Design approaches and interventions that are tailored to the growth needs and financial profiles of each participant group. Build a network/directory of partner financial institutions that respond to the finance needs of MTENGO participant groups. Identify capacity gaps and barriers that prevent financial institutions from increasing their agriculture lending portfolios. Keep up to date with developments in the banking industry and identify new financial products, technologies, and innovations that can be applied under the project. Identify pathways for piloting and commercializing. Identify need for and draft scopes of work for consulting assignments and short-term experts to support MTENGO’s Climate Smart Practices, Financial Incentives, and Market Development component. Provide guidance in the designing and roll-out of field-level training to financial institutions, businesses and households including training for credit providers in areas such as risk mitigation, crop diversification, and irrigation. Frequently visit the project areas, monitor and supervise the implementation process of project activities. QUALIFICATIONS AND BACKGROUND: Education: Bachelor’s Degree in Agriculture, Economics, International Development, Business Administration or related field required. Experience: Minimum 6 years of professional experience managing and implementing financial services development activities. Experience working with technical teams for agriculture sector development, climate smart agriculture, water management, ecosystem services, and economic resilience, including training, capacity building, mentorship, and day-to-day management. Experience collaborating with private sector actors in the agricultural sector. Experience in climate adaptation, agriculture technology, food security, agricultural research, and/or market analysis. Experience working within the financial sector of Malawi. Knowledge, Skill & Ability Requirements: Familiarity with proven climate smart technologies and most impactful practices, as well as innovative new tools and approaches. Knowledge of the Lean agriculture approach preferred. Knowledge of the Malawi agriculture sector. Strong training design, training delivery, and facilitation skills. Strong personnel management skills. Excellent written and oral communication skill in English required. About Winrock International Winrock is an equal opportunity employer. We are committed to providing equal employment opportunity for all people and value diversity and inclusiveness. Winrock recruits, employs, trains, promotes and compensates regardless of race, color, religion, sex, gender, gender identity, gender expression, sexual orientation, national origin, ancestry, citizenship, age, physical or mental disability, medical condition, family care status, or any other basis protected by law. At Winrock we have a clear mission: Empower the disadvantaged, increase economic opportunity and sustain natural resources through unwavering dedication to accountability, equity, innovation, integrity and transformation. Winrock knows that its success comes from the hard work and steadfast dedication of its diverse workforce. Winrock remains committed to maintaining diversity, inclusion and equity across the entire organization. Learn more about our projects: https://winrock.org