Capital Markets Development Specialist (U166)

Closing Date

Apr 20, 2018

Summary


FSD Africa (FSDA) is a non-profit company which aims to increase prosperity, create jobs and reduce poverty by bringing about a transformation in financial markets in SSA and in the economies they serve. It provides know-how and capital to champions of change whose ideas, influence and actions will make finance more useful to African businesses and households. 

Through access to finance initiatives, FSDA seeks to build financial inclusion. Through capital market development, it looks to promote economic growth and increase investment. As a regional programme, it seeks to encourage collaboration, knowledge transfer and market-building activities – especially in Fragile and Conflict Affected States (FCAS).

FSDA is funded with UK aid from the UK government through the Department for International Development (DFID).

Job Purpose

Reporting to the Director, Financial Markets the successful candidate will be a key member of the team that will manage the implementation of capital market initiatives across sub-Saharan Africa. She/he will also contribute to the implementation of strategies for enhancing capital markets: bond markets, equity markets, alternative finance markets, capacity building, professional investor base development, market infrastructure and knowledge management, and may specifically oversee the building of services in one or more of these markets.

Key Responsibilities

  • Work closely with the Director, Financial Markets to support the development and delivery of the team’s strategy;
  • Contribute to the development and implementation of agreed strategies to build capital markets;
  • Conduct needs assessments and support the design of specific programme interventions with regulators, market participants and investment partners;
  • Ensure the delivery of programmes is focused to meet DFID’s expected outcomes and FSDA’s broader impact goals;
  • Research and analysis of, for example: macro-economic or regulatory environment, concept notes from prospective investees, specific industry sub-sectors to build domain expertise;
  • Providing technical assistance to clients and partners;
  • Manage relationships with regulators, investment partners and networks, leveraging new opportunities that may arise and dealing promptly with any difficulties;
  • Develop effective relationships with colleagues in other FSDA work streams and seek out joint working opportunities;
  • Build and maintain relationships with other FSDs across SSA ensuring a collaborative approach on all assignments;
  • Develop and leverage personal networks to support the team’s (and FSDA’s) objectives;
  • Support the development of a database of international and pan-African technical experts and service providers;
  • Coordinate activities of project steering committees for each FSDA investment/project under their responsibility;
  • Develop terms of reference and ensure effective and efficient procurement of external resources in line with FSDA procurement processes, and monitoring of grant/investment programmes in line with project plans;
  • Institute impact oriented monitoring and evaluation mechanisms for projects to ensure that FSDA investments achieve the desired impact as regards both financial deepening and improved livelihoods of people on the African continent;
  • Oversee the collection of data from regulators and investment partners and support the monitoring and evaluation of investments;
  • Contribute to FSDA’s marketing and communications activities, building FSDA’s web presence, supporting thought leadership activities (publications, briefing notes, case studies, conference presentations), co-ordinating events, seminars etc. within the areas of responsibility.

Job Qualifications

  • Master’s degree in Finance, Economics, Development Studies, or other relevant fields
  • At least 8 years working experience in capital markets in a relevant institution with a significant and proven record of achievement
  • Knowledge of global regulation in the capital markets
  • Ability to conceptualise and present ideas with conviction and influence at highest levels
  • Strong project management skills with ability to manage a diverse portfolio of projects
  • Knowledge/experience of working in Africa

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