Header

EAC FSDRP I Project JOBS SEP 2012

The EAC Financial Sector Development and Regionalization Project I (EAC - FSDRP I), which is funded by a $16 million IDA grant, became effective in June 2011. The project aims to support the development of the East African financial sector, through the establishment of a single market in financial services. Creation of a single financial services market, will also contribute to realization of the Common Market Protocol, by facilitating the attainment of the four freedoms i.e. movement of goods, labour, services and capital.

Under FSDRP I, the Project Administration Team (PAT) has begun work to establish foundations for EAC financial sector regionalization through; establishing core capacity at the institutional level to support the EAC financial sector integration process; producing EAC model directives for financial sector laws and regulations; and achieving early wins in regional integration of market infrastructure.

The FSDRP I is structured into six components. The components are: (i) financial inclusion and strengthening market participants (ii) harmonization of financial laws and regulations against common standards; (iii) mutual recognition of supervisors; (iv) integration of financial market infrastructure; (v) development of a regional bond market; and (vi) capacity building. The East African Community Secretariat intends to use part of the project’s funding for recruitment to fill various vacant positions.

COUNTRY COORDINATOR - UNITED REPUBLIC OF TANZANIA

(1 POST) –(REF: EAC/HR/2012/49)


Directorate: Planning
Reports to: Regional Financial Policy Advisor,Sectoral Analysis
Duration of Contract: 2 years Fixed Term (Non-Established)
Station: Arusha, Tanzania

PURPOSE OF THE POST:

The Coordinator will be responsible for ensuring effective understanding of and achievement of project objectives; analysis of and reporting on partner state development needs; together with establishment of institutional networks required for the timely collection and transmission of sector performance information. Over and above their outreach duties, they will support activities at the EAC secretariat in their areas of financial sector specialization.

SCOPE OF WORK:

1. Provide technical and policy related information to the Project Administration Team, on market trends and reform initiatives in the partner state to which the coordinator is assigned.

2. Regularly liaise with financial sector stakeholders in partner states to maintain awareness of project objectives and ensure support for implementation of project activities.

3. Build strong information sharing arrangements with key actors in partner states

4. Assist the PAT in the preparation of quarterly and annual monitoring and evaluation reports and facilitate knowledge sharing throughout the region.

5. Propose strategies and interventions for strengthening project implementation and partner states outreach.

6. Keep abreast of and regularly report on Partner State concerns and priorities, as well as the socio-economic conditions and trends, as they relate to financial sector integration.

7. Work closely with and support the national constituency of the financial sector providers’ council to identify priority issues which need to be addressed at the regional level.

8. Foster operational and policy linkages between the FSDRP and in country financial sector development projects, for the purposes of identifying potential synergies between the FSDRP and the above initiatives and make proposals as to how these should be further exploited.

9. Keep project team and EAC management informed on partner state’s developments and priorities, in particular, with respect to project themes and components.

10. Undertake research and analytical assignments in the coordinator’s area of specialization.


DELIVERABLES:

i. Quarterly reports covering sectoral trends, levels of development and progress in implementation of project initiatives at partner state level

ii. Successful execution of well-planned FSDRP/ EAC dialogues, conferences and other initiatives in Partner States

iii. A database of key contacts and development interventions of relevance to the project in partner states

QUALIFICATIONS AND EXPERIENCE:

A master’s degree in Economics, Financial Management, Commerce, Business Management, or related discipline. Suitable candidates should have eight years relevant working experience, of which the last three years should have been in middle to senior management positions in operations, policy making or regulation of the financial sector (i.e. Banking, Pensions, Insurance or Microfinance). Candidate should have good working knowledge, contacts and experience, in the Tanzanian financial sector.

SKILLS AND COMPETENCIES:

The Country Coordinators will be expected to be in possession of high-level contacts in their areas
of operation. The post will require excellent analytical and communication skills in
written & spoken English, together with demonstrated competence in writing concept/strategy
notes, project proposals and progress reports.

TERMS AND CONDITIONS OF SERVICE:

This post is a non-established EAC-FSDRP project position, supported by donor funds. Contract terms are limited to the period of the project (i.e. March 2014). Renewal is possible subject to extension of the funding and individual staff’s performance. Attractive consolidated remuneration packages for fixed contract positions will be paid in accordance with the EAC-FSDRP budget.

COUNTRY COORDINATOR - BURUNDI

(1 POST)-(REF:EAC/HR/2012/50)


Directorate: Planning
Reports to: Regional Financial Policy Advisor, Sectoral Analysis
Duration of Contract: 2 years Fixed Term (Non-Established)
Station: Arusha, Tanzania


PURPOSE OF THE POST:

The Coordinator will be responsible for ensuring effective understanding of and achievement of project objectives; analysis of and reporting on partner state development needs; together with establishment of institutional networks required for the timely collection and transmission of sector performance information. Over and above their outreach duties, they will support activities at the EAC secretariat in their areas of financial sector specialization.

SCOPE OF WORK:

1. Provide technical and policy related information to the Project Administration Team (PAT), on market trends and reform initiatives in the partner state to which the coordinator is assigned.

2. Regularly liaise with financial sector stakeholders in partner states to maintain awareness of project objectives and ensure support for implementation of project activities.

3. Build strong information sharing arrangements with key actors in partner states

4. Assist the PAT in the preparation of quarterly and annual monitoring and evaluation reports and facilitate knowledge sharing throughout the region.

5. Propose strategies and interventions for strengthening project implementation and partner states outreach.

6. Keep abreast of and regularly report on Partner State concerns and priorities, as well as the socio-economic conditions and trends, as they relate to financial sector integration.

7. Work closely with and support the national constituency of the financial sector providers’ council to identify priority issues which need to be addressed at the regional level.

8. Foster operational and policy linkages between the FSDRP and in country financial sector development projects, for the purposes of identifying potential synergies between the FSDRP and the above initiatives and make proposals as to how these should be further exploited.

9. Keep project team and EAC management informed on partner state’s developments and priorities, in particular, with respect to project themes and components.

10. Undertake research and analytical assignments in the coordinator’s area of specialization.


DELIVERABLES:

i. Quarterly reports covering sectoral trends, levels of development and progress in implementation of project initiatives at partner state level

ii. Successful execution of well-planned FSDRP/ EAC dialogues, conferences and other initiatives in Partner States

iii. A database of key contacts and development interventions of relevance to the project in partner states

QUALIFICATIONS AND EXPERIENCE:

A master’s degree in Economics, Financial Management, Commerce, Business Management, or related discipline. Suitable candidates should have eight years relevant working experience, of which the last three years should have been in middle to senior management positions in operations, policy making or regulation of the financial sector (i.e. Banking, Pensions, Insurance or Microfinance). Candidate should have good working knowledge, contacts and experience, in the Burundian financial sector.


SKILLS AND COMPETENCIES:

The Country Coordinators will be expected to be in possession of high-level contacts in their areas of operation. The post will require excellent analytical and communication skills in written & spoken English and French, together with demonstrated competence in writing concept/strategy notes, project proposals and progress reports.

COUNTRY COORDINATOR - KENYA

(1 POST) – (REF:EAC/HR/2012/48)


Directorate: Planning
Reports to: Regional Financial Policy, Sectoral Analysis
Duration of Contract: 2 years Fixed Term (Non-Established)
Station: Arusha, Tanzania

PURPOSE OF THE POST:

The Coordinator will be responsible for ensuring effective understanding of and achievement of project objectives; analysis of and reporting on partner state development needs; together with establishment of institutional networks required for the timely collection and transmission of sector performance information. Over and above their outreach duties, they will support activities at the EAC secretariat in their areas of financial sector specialization.

SCOPE OF WORK:

1. Provide technical and policy related information to the Project Administration Team (PAT), on market trends and reform initiatives in the partner state to which the coordinator is assigned.

2. Liaise with financial sector stakeholders in partner states to maintain awareness of project objectives and ensure support for implementation of project activities.

3. Build strong information sharing arrangements with key actors in partner states

4. Assist the PAT in the preparation of quarterly and annual monitoring and evaluation reports and facilitate knowledge sharing throughout the region.

5. Propose strategies and interventions for strengthening project implementation and partner states outreach.

6. Keep abreast of and regularly report on Partner State concerns and priorities, as well as the socio-economic conditions and trends, as they relate to financial sector integration.

7. Work closely with and support the national constituency of the financial sector provider’s council to identify priority issues which need to be addressed at the regional level.

8. Foster operational and policy linkages between the FSDRP and in country financial sector development projects, for the purposes of identifying potential synergies between the FSDRP and the above initiatives and make proposals as to how these should be further exploited.

9. Keep project team and EAC management informed on partner state’s developments and priorities, in particular, with respect to project themes and components.

10. Undertake research and analytical assignments in the coordinator’s area of specialization.


DELIVERABLES:

i. Quarterly reports covering sectoral trends, levels of development and progress in implementation of project initiatives at partner state level.

ii. Ssuccessful execution of well-planned FSDRP/ EAC dialogues, conferences and other initiatives in Partner States.

iii. A database of key contacts and development interventions of relevance to the project in partner states.

QUALIFICATIONS AND EXPERIENCE:

A master’s degree in Economics, Financial Management, Commerce, Business Management, or related disciplines. Suitable Candidates should have eight years relevant working experience, of which the last three years should have been in middle to senior management positions in operations, policy making or regulation of the financial sector (i.e. Banking, Pensions, Insurance or Microfinance). Candidates should have good working knowledge, contacts and experience, in the Kenyan financial sector.

SKILLS AND COMPETENCIES:

The Country Coordinators will be expected to be in possession of high-level contacts in their areas of operation. The post will require excellent analytical and communication skills in written and spoken English, with a demonstrated competence in writing concept/strategy notes, project proposals & progress reports.


TERMS AND CONDITIONS OF SERVICE:

This post is a non-established EAC-FSDRP project position, supported by donor funds. Contract terms are limited to the period of the project (i.e. March 2014). Renewal is possible subject to extension of the funding and individual staff’s performance. Attractive consolidated remuneration packages for fixed contract positions will be paid in accordance with the EAC-FSDRP budget.

COUNTRY COORDINATOR - RWANDA

(1 POST)-(REF:EAC/HR/2012/51 )



Directorate: Planning
Reports to: Regional Financial Policy Advisor, Sectoral Analysis
Duration of Contract: 2 years Fixed Term (Non-Established)
Station: Arusha


PURPOSE OF THE POST:

The Coordinator will be responsible for ensuring effective understanding of and achievement of project objectives, analysis of and reporting on partner state development needs, together with establishment of institutional networks required for the timely collection and transmission of sector performance information. Over and above their outreach duties, they will support activities at the EAC secretariat in their areas of financial sector specialization.

SCOPE OF WORK:

1. Provide technical and policy related information to the Project Administration Team (PAT), on market trends and reform initiatives in the partner state to which the coordinator is assigned.

2. Regularly liaise with financial sector stakeholders in partner states to maintain awareness of project objectives and ensure support for implementation of project activities.

3. Build strong information sharing arrangements with key actors in partner states

4. Assist the PAT in the preparation of quarterly and annual monitoring and evaluation reports and facilitate knowledge sharing throughout the region.

5. Propose strategies and interventions for strengthening project implementation and partner states outreach.

6. Keep abreast of and regularly report on Partner State concerns and priorities, as well as the socio-economic conditions and trends, as they relate to financial sector integration.

7. Work closely with and support the national constituency of the financial sector providers’ council to identify priority issues which need to be addressed at the regional level.

8. Foster operational and policy linkages between the FSDRP and in country financial sector development projects, for the purposes of identifying potential synergies between the FSDRP and the above initiatives and make proposals as to how these should be further exploited.

9. Keep project team and EAC management informed on partner state’s developments and priorities, in particular, with respect to project themes and components.

10. Undertake research and analytical assignments in the coordinator’s area of specialization.

DELIVERABLES:

i. Quarterly reports covering sectoral trends, levels of development and progress in implementation of project initiatives at partner state level

ii. Successful execution of well-planned FSDRP/ EAC dialogues, conferences and other initiatives in Partner States

iii. A database of key contacts and development interventions of relevance to the project in partner states

REQUIRED QUALIFICATIONS AND EXPERIENCE:

A master’s degree in Economics, Financial Management, Commerce, Business Management, or related discipline. Suitable candidates should have eight years relevant working experience, of which the last three years should have been in middle to senior management positions in operations, policy making or regulation of the financial sector (i.e. Banking, Pensions, Insurance or Microfinance). Candidates should have good working knowledge, contacts and experience, in the Rwandan financial sector.

SKILLS AND COMPETENCIES:

The Country Coordinators will be expected to be in possession of high-level contacts in their areas of operation. The post will require excellent analytical and communication skills in written and spoken English and French, with a demonstrated competence in writing concept/strategy notes, project proposals and progress reports.

TERMS AND CONDITIONS OF SERVICE:

This post is a non-established EAC-FSDRP project position, supported by donor funds. Contract terms are limited to the period of the project (i.e. March 2014). Renewal is possible subject to extension of the funding and individual staff’s performance. Attractive consolidated remuneration packages for fixed contract positions will be paid in accordance with the EAC-FSDRP budget.

FINANCIAL STATISTICS SPECIALIST

(1 POST) – REF: EAC/HR/2012/41 )


Directorate: Planning
Reports to: Regional Financial Policy Advisor, Sectoral Analysis
Duration of Contract: 2 years Fixed Term (Non-Established)
Station: East African Community (EAC) Headquarters,


1.0 MAIN PURPOSE OF THE POSITION

The overall objective of the position is to collect and organize harmonized financial sector statistics aimed at enhancing the availability of timely, reliable, comprehensive and comparable financial data. Analysis of this data will inform the development of policy and reform initiatives required for achievement of an integrated market for financial services.

1.1 SCOPE OF THE WORK

THE FINANCIAL STATISTICS SPECIALIST’S RESPONSIBILITIES WILL INCLUDE:

1. Review and appraise the existing frameworks on compilation of harmonized Financial Soundness indicators (FSI), Financial Statistics (MFS) and statistics necessary for the development of policies in the banking, pensions, insurance and securities subsectors sectors among the EAC Partner States.

2. Review and harmonize concepts/definitions, processes and methodologies for designing, and compilation of the financial sector statistics, including monetary and financial statistics and Financial Soundness indicators for the region.

3. Create a framework for the generation of regional aggregates where necessary for the above mentioned sectors together, with Micro-Finance Institution and other Financial Sector Institutions and validate it in consultation with the relevant partner state institutions.

4. Develop a framework for ensuring compliance to regionally harmonized compilation practices and the associated institutional arrangements.

5. In liaison with other statistics specialists in the department of planning, facilitate the adoption by Partner States of the manuals necessary for generation of financial soundness indicators following the Basle Committee guidelines and other relevant manuals for compilation of statistics, relating to the capital markets, pensions and insurance sectors.

6. Compile and analyse data relating to formal and informal cross- border financial flows between EAC member states.

7. Build capacities of Central Banks, Capital Markets Agencies, National Statistics Offices, Pensions, insurance and other players in the financial sector in compilation of regionally harmonized statistical data, relating to both formal and informal financial flows.

8. Facilitate the creation of a platform for comprehensive exchange of experiences and sharing the regional capacities, relating to statistical data collection and analysis, among EAC Partner States.

9. Provide technical backstopping to Partner States at various stages of compilation of financial sector statistics.

10. Identify challenges in the harmonization process and suggest policy options.

1.2 DELIVERABLES

THE FINANCIAL STATISTICS SPECIALIST WILL DELIVER THE FOLLOWING:-

i. Comprehensive strategy and policy options for compilation of reliable financial sector statistics developed

ii. Harmonized definitions, concepts, methods and tools for compilation of financial sector statistics and create a mechanism for their adoption by the national experts in the EAC Partner States

iii. Standardized reporting formats based on the international manuals and best practices.

iv. Regional manual and relevant documents on compilation of statistics necessary for policy formulation in the financial sector.

v. Establish the EAC financial statistics database to facilitate surveillance for financial stability
vi. Quarterly progress reports on harmonization of financial sector statistics.

vii. Half yearly reports analysing regional financial flows and where appropriate extract recommendations for policy or reform interventions.

QUALIFICATIONS AND EXPERIENCE:

Applicant should have a Master’s degree in Statistics or Economics or any relevant area, with bias in Financial Economics from a recognized University/ institution. Holders of PhD in the relevant areas will have an added advantage.

At least ten (10) years demonstrated working experience in compilation or interpretation of financial sector statistics in a National, Regional or International organization such as Central Bank, Statistics Office, capital markets, Insurance and Pensions Sector or any relevant financial sector institution. Four of the above years should have been at a senior level.

SKILLS AND COMPETENCIES

Strong familiarity with relevant statistical software such as Stata and SPSS Knowledge of the financial sector statistics requirements necessary for development of policies relevant for ensuring financial stability. Ability to conduct independent research. Demonstrated knowledge of the East African region. Effective communication, presentation, computer, conceptual, analytical and writing skills. Working experience in a multi-cultural and multinational environment is an added advantage. Leadership, team- building and people management skills. Fluent in both written and spoken English.

MONITORING AND EVALUATION SPECIALIST

(1 POST) – (REF: EAC/HR/2012/45)


Directorate: Planning
Reports to: Regional Financial Policy Advisor, Sectoral Analysis
Duration of Contract: 2 years Fixed Term (Non-Established)
Station: East African Community (EAC) Headquarters,

Arusha, Tanzania

MAIN PURPOSE OF THE JOB:

A Monitoring and Evaluation (M & E) specialist is required to lead the M&E function and promote knowledge sharing, in order to facilitate the financial sector integration process. He/ she will collect and analyse information to keep track of project implementation and communicate “lessons learnt” to key project stakeholders.

SCOPE OF THE ASSIGNMENT:

The detailed tasks to be addressed are as follows:

1. Verify and adjust as appropriate, the project existing baseline figures and take the lead in designing and managing the monitoring systems required to track project activities, in line with the project’s results matrix as outlined in the Project Appraisal Document and amended by subsequent project missions and reviews.

2. Develop a comprehensive set of tools for implementation of the results monitoring system and support development of a results measurement culture, within the project team.

3. Ensure that project M & E framework, is in line with latest policy development, data collection and analysis tools for the financial sector M&E systems, used by development agencies and maintain a flow of monitoring information with key Financial sector development institutions and agencies within the region.

4. Ensure timely data collection and analysis for the purpose of preparing quarterly and annual reports, which take stock of project progress and highlight actual and potential problems affecting project deliverables.

5. Design monitoring tools to be used by Country Coordinators and other PAT members in compilation of member states’ and regional data and train staff in their use.

6. Communicate monitoring information to management and key stakeholders in a timely manner, so as to ensure that “lessons learnt” are taken into account when drawing up future project plans and Identifying corrective actions

7. Put in place arrangements to facilitate sharing of financial sector monitoring information with both internal teams and external partners and promote knowledge sharing within the region.

8. Undertake any other duties as assigned by the management, in his/her field of competence.


DELIVERABLES:

i. A detailed Project Monitoring and Evaluation Framework

ii. Instruments, methods and/or tools to collect, share and communicate monitoring information

iii. Timely quarterly and annual monitoring reports


QUALIFICATIONS AND EXPERIENCE:

This post requires a development practitioner, with a relevant post graduate degree in Statistics, Economics, Business, Financial Management, Social Sciences, or related discipline, together with specific training in Monitoring and Evaluation. She/he should have at least 5 years’ experience in Monitoring & Evaluation of large-scale projects and be able to demonstrate successfully having developed and managed M & E systems using different data measurement and analysis methods.


SKILLS AND COMPETENCIES:

Strong analytical skills preferably with demonstrated ability to apply them in analysis of Monitoring and Evaluation data for the business or financial sectors.Strong understanding of Results Based Management (RBM), together with Logic modeling/logical framework analysis

.Experience in design and management of evaluation processes, involving multiple stakeholders.Previous experience in managing monitoring and evaluation of programs related to sectoral reform interventions will be highly desirable. Strong English oral and written communication skills, together with strong IT skills, particularly (Word, Excel, PowerPoint, Outlook).

PAYMENT SYSTEMS SPECIALIST

(1 POST) – (REF: EAC/HR/2012/46)


Directorate: Planning
Reports to: Regional Financial Policy Advisor, Market Development
Duration of Contract: 2 years Fixed Term (Non-Established)
Station: East African Community (EAC) Headquarters,

Arusha, Tanzania


MAIN PURPOSE OF THE POSITION:

The purpose of this position is to enable the project and the EAC secretariat, to prepare and plan for coordinated development and where appropriate, progressive linking of payments systems within the region. This professional will take charge of payment systems development activities relating to payment systems development under component four (4) of the project (Integration of financial markets infrastructure)


SCOPE OF THE WORK:

The assignment objective is to provide the technical input required to plan for payment system integration and harmonization, relating to the project’s components listed above. This should be done in accordance with best international technological and communication standards and within the bounds of the common regulatory and legal framework of the region. To achieve this objective the specialist is expected to carry out the following tasks:

1. Work jointly with other experts and consultants to undertake reviews of the current state of financial sector payment systems (high value and retail), in the EAC region.

2. Identify and benchmark regional and international projects, for the purpose of extracting appropriate Financial Market infrastructure practices for the EAC.

3. Develop, oversee and coordinate the EAC’s financial sector payment systems agenda

4. Provide analysis and market information to guide the payment systems development modernization and integration, relating to regional bond market, commodities exchanges, stock exchange, CDS, and mobile phone platforms.

5. Identify and prioritize systems development requirements for integrating and harmonizing payments systems, within the region for the subsectors listed in four (4) above and advisee the EAC on cost-effective sourcing options.

6. Implement or co-ordinate the implementation of appropriate information and technological platforms in the areas identified above

7. Work with other financial sectors towards implementing a sustainable, reliable, effective and seamless integration of mobile phone systems, with the systems for the exchange of financial information.

8. In consultation with sectoral experts recommend for implementation, payments infrastructure that secures the privacy and identity of all participants communicating on the platforms implemented in accordance to parts 7 above.

9. Supervise and contribute to studies aimed at development of the legal and regulatory framework for both high value and retail payment systems. This framework will include inter-alia, development of laws and regulations relating to electronic signatures and admissibility of electronic records, insolvency and contractual relations between parties; the transparency and security of payment instruments and the responsibilities of regulatory authorities etc

10. Coordinate development of Terms of References and participate in the process of identifying and hiring of consultants in his/her area of responsibility. Backstop these consultancies and carry out quality assurance of consultancy outputs.

11. Liaise with development partners and other specialists working on Financial Market Infrastructure in the region, together with those responsible for technical assistance programs within the East Africa Region.

12. Assist in monitoring and coordinating on-going payment systems and Market Infrastructure Initiatives in EAC.

DELIVERABLES:

i. Periodic six monthly reports on current technology and communications platforms in use for financial sector integration projects across the region, outlining inter alia priorities for system harmonization.

ii. Recommendations on policy priorities to be addressed in order to facilitate payment systems integration.

iii. Advice to the EAC and the project on cost effective options for procurements required under component four (4)

iv. Recommended strategy for integrating and harmonizing regional payments systems developed.

v. Regional Capacity building program for users and relevant taskforces.

QUALIFICATIONS AND EXPERIENCE:

The suitable candidate for this position will be expected to possess: Masters in Business, Finance and Banking, Economics, Information technology, or finance/ business related subjects, with a good knowledge of Information Science relating to payments systems. He/she should have more than 6 years’ experience in relevant financial sector management or operations. At least three years of the above mentioned experience, should have been at middle to senior management level and include experience in payment systems development and operations; expertise in assessing and reporting on existing telecom infrastructure, knowledge of technologies and resources currently in place; and expertise in assessing potential software development for the banks and financial service providers. Experience in undertaking similar assignments in developing countries, preferably within East Africa, will be an added advantage.


SKILLS AND COMPETENCIES:

The Payments Specialist will be required to have a sound knowledge and experience in a large number of the following areas: international information technology best standards and practices; payments system regulation and supervision; protocols for financial transactions; protocols for paperless securities settlement transactions; financial clearing house operations; IT Security measures; disaster recovery systems; risk management; capacity building for payment system


TERMS AND CONDITIONS OF SERVICE:

This post is a non-established EAC-FSDRP project position, supported by donor funds. Contract terms are limited to the period of the project (i.e. March 2014). Renewal is possible subject to extension of the funding and individual staff’s performance. Attractive consolidated remuneration packages for fixed contract positions will be paid in accordance with the EAC-FSDRP budget.

PENSIONS SPECIALIST

(1 POST) – (REF: EAC/HR/2012/47)


Directorate: Planning
Reports to: Regional Policy Advisor, Market Development
Duration of Contract: 2 years Fixed Term (Non-Established)
Station: East African Community (EAC) Headquarters,

Arusha, Tanzania


MAIN PURPOSE OF THE POSITION:

The EAC- FSDRP 1 requires the services of an experienced pensions’ sector professional, familiar with the operations and management of pension schemes within the region and/or developing economies, to provide technical leadership for the interventions required to integrate the sector. To carry out his/ her tasks the Pension Specialist should liaise with relevant financial and pension sector institutions. These include but are not limited to central banks capital markets regulators, insurance and pension regulators, fund managers

SCOPE OF THE ASSIGNMENT:

The position requires delivery of the incumbent’s own direct technical inputs, together with guiding analytical work and consultative processes relating to pension sector development. The Pension Specialist’s responsibilities will be as follows:

1. To provide technical inputs, knowledge and analysis in the identification, design, and development of regional interventions aimed at integration of the sector.

2. Working alone or jointly with consultants, to assess the pension sectors in the partner states, by identifying the economic, institutional, social and demographic factors, affecting sectoral development.

3. Carry out analysis and consultations, with the aim of informing regional policies and strategies.

4. Using the appropriate pension sector analytical software, the Pension Specialist will model the outcome of various scenarios for the future of the pension sector in partner states, this will include inter alia simulating the effects of reform options for both defined benefit and defined contribution schemes.

5. Work jointly with sectoral stakeholders and where required, specialist resource persons or consultants, in the preparation of draft pension legislation and regulations.

6. The specialist will back- stop technical committees or taskforces together with other structured consultative processes relating to pension sector development and integration, with the aim of consensus development on key project objectives under the project components mentioned in the background section above.

7. Based on the above and other analyses, the specialist will develop recommendations with respect to strategies for regional pension sector reform and integration.


DELIVERABLES:

i) Final Report on East Africa Community Pensions Study. The report should address the number of schemes, how they have been incorporated, their statistical data, including funds under management, members, retirees etc. The report should address the legal framework and the supervisory arrangements in each partner state. The report will also disclose the financial position of each of the schemes.

ii) Policy dossier on recommendations for policy interventions for the regional pensions industry to support the preparation of the EAC Pensions Act, which will enable portability of pensions benefits between schemes across the region;

iii) Input into the draft Pensions Bill and Regulations.


QUALIFICATIONS AND EXPERIENCE:

A Master’s degree or equivalent in Economics, Business, Finance and/or related fields with a first University degree in Economics, Business, Finance or related fields and specialized experience or a qualification in pension sector management.

At least 8 years of relevant experience, working in developing countries or an emerging market pension sector, including both operational and policy level experience.

SKILLS AND COMPETENCIES:

Strong knowledge and experience in the following areas gained from working in developing countries: Pension legislation; Pension regulation and supervision; The principles recommended by the International Organization of Pension Supervisors; Pension scheme operations; Valuation of defined benefit schemes; Assessing the outcomes of various pension sector options; Knowledge and experience in consumer protection and public education will be an added advantage; Should be in possession of strong analytical and communication skills both written and verbal.

TERMS AND CONDITIONS OF SERVICE:

This post is a non-established EAC-FSDRP project position, supported by donor funds. Contract terms are limited to the period of the project (i.e. March 2014). Renewal is possible subject to extension of the funding and individual staff’s performance. Attractive consolidated remuneration packages for fixed contract positions will be paid in accordance with the EAC-FSDRP budget.

REGIONAL FINANCIAL POLICY ADVISOR- SECTORAL ANALYSIS

(1 POST) – (REF: EAC/HR/2012/42)


Directorate: Planning
Reports to: Project Manager
Duration of Contract: 2 years Fixed Term (Non-Established)
Station: East African Community (EAC) Headquarters,

Arusha, Tanzania


MAIN PURPOSE OF THE POST

To facilitate efficient and effective implementation of the EAC- Financial Sector Development and Regionalization Project, by improving the performance of East Africa’s financial markets.


SCOPE OF WORK

The key responsibilities of the Regional Financial Policy Advisor will include:

1. Provide guidance and advice on the operations of the financial sector in the Partner States;

2. Provide substantive technical input into policies and strategy facilitating the operations of the financial market with a view to establishing a single market in financial services among EAC Partner States;

3. Play a leading role in the adoption of the international best practices by Partner States;

4. Facilitate the improvement of standards with a view to creating an efficient surveillance of securities transactions across borders of the Partner States;

5. Develop programs for capacity building with a view to ensure integration of EAC Financial Markets;

6. Facilitate the implementation of Council and Summit decisions/ directives related to the sector;

7. Facilitate sharing of data and other relevant information with a view to ensuring transparency in the sector;

8. Develop a comprehensive financial surveillance database, monitoring and evaluation system;

9. Facilitate the creation of a platform for comprehensive exchange of experiences and sharing the regional capacities among EAC Partner States;

10. Provide technical backstopping to Partner States at various stages of creating an efficient financial market;

11. Identify challenges in the harmonization process and suggest policy options;

12. Provide leadership on policy dialogue with EAC Governments and stakeholders and providing guidance to management on technical issues;

13. Cultivate strategic relationships with stakeholders and line up specialists, as needed, to follow up;

14. Ensuring alignment of policy development activities with the World Bank guidelines;

15. Manage tasks related to strategic initiatives;

16. Lead and coordinate the team responsible for sectoral analysis;

17. Take responsibility for overall quality of deliverables and follow-up to ensure on-time delivery with regard to staff under his/her supervision;


18. Upstream review of technical/study reports/ project documents and provide comments as required;

19. Present monthly reports on the FSDRP I progress in a format and level of detail agreed with EAC Secretariat and stakeholders;

20. Assist the EAC Secretariat in preparing quarterly project progress reports, a project completion report, and monitoring and evaluating operational and strategic reports;

21. Foster a team environment, mentor staff and ensure that capacity building is well integrated into all project activities;

22. Undertake other duties as may be requested by the EAC Secretariat.


DELIVERABLES

The Regional Financial Policy Advisor will deliver the following:-

i. Harmonized standards and policies on operations of an efficient financial market in place and adopted by the Partner States;

ii. Enhanced Capacity of the national experts and other relevant stakeholders in the integrated financial market;

iii. A comprehensive strategy on policy options for the improvement of the performance of the financial markets;

iv. Progress reports on the development of an efficient market.

QUALIFICATIONS AND EXPERIENCE:

Applicants should have a master’s degree in Finance Economics or any relevant areas, with bias in Finance, from a recognised University/ institution. Holders of PhD in the relevant areas will have an added advantage.

At least eight (8) years demonstrated working experience in operations of financial markets at national, regional or international organizations level with a master’s degrees or three (3) years with a PhD

COMPETENCIES AND SKILLS:

Ability to develop practical and innovative approaches to difficult policy institutional and operational issues. Practical knowledge in policy formulation for operations of financial markets and ability to engage in a broad range of financial policy issues,- including financial sector policy and regulation, banking, capital markets, insurance, access to finance, rural finance, banking governance, and the financial aspects of PPP. Knowledge of the East African Community integration processes. Effective communication, presentation, analytical and writing skills. Leadership, team building and people management skills. Fluent in both written and spoken English. Working experience in a multi-cultural and multinational environment is an added advantage.

TERMS AND CONDITIONS OF SERVICE:

This post is a non-established EAC-FSDRP project position, supported by donor funds. Contract terms are limited to the period of the project (i.e. March 2014). Renewal is possible subject to extension of the funding and individual staff’s performance. Attractive consolidated remuneration packages for fixed contract positions will be paid in accordance with the EAC-FSDRP budget.

RESEARCH ANALYST

(1 POST) – (REF: EAC/HR/2012/44)


Directorate: Planning
Reports to: Regional Financial Policy Advisor, Sectoral Analysis
Duration of Contract: 2 years Fixed Term (Non-Established)
Station: East African Community (EAC) Headquarters,

Arusha, Tanzania

PURPOSE OF THE POSITION:

Contribute to and where necessary undertake research on financial sector policy and operations to aid decision making, and inform policy analysis and formulation at EAC Secretariat level. The incumbent will report to the Regional Financial Policy Advisor -responsible for financial sector analysis.

SCOPE OF WORK:

1. Contribute to identification and/or where required identify topical research issues with regional focus in the EAC financial sector;

2. Produce quality research proposals on EAC financial sector issues preceded by a comprehensive review of relevant literature;

3. Present research proposals to a team of relevant technical staff of the EAC Secretariat for discussion and endorsement;

4. In collaboration with relevant staff at the EAC Secretariat and Partner States, undertake data gathering, collation, and analysis in respect of research proposals above;

5. Produce and disseminate quality research reports with policy implications to aid management decisions, and inform policy analysis and formulation at relevant levels;

6. Contribute to policy analysis, policy research and policy formulation on financial sector issues mainly at the EAC Secretariat level, and occasionally at Partner states’ level;

7. Conduct evaluations of selected programs at the EAC Secretariat level;

8. Regularly analyze statistical data prepared by the financial statistics specialist and use it prepare to up-to-date information and data systems as well as prepare reports on sectoral performance at regional level.

9. Write half yearly articles and updates on monetary and financial policy developments and operations of the Partner States;

10. Produce progress reports of research activities undertaken by the Directorate of Planning;

11. In consultation with Country Coordinators and Regional Financial Policy Advisor, participate in the creation of a platform for comprehensive information exchange and experience sharing among EAC Partner States on aspects of monetary and financial sector integration; and

12. Undertake other duties as may be required.


DELIVERABLES:

i. Research Proposals relating to financial integration.

ii. Competent research and other reports produced relating to priorities for financial sector integration.

iii. Databases for research topics and outputs relating to financial sector integration.

iv. Quarterly and annual reports produced in time.

v. Articles published in reputable publications, relating to regional trade and business.


QUALIFICATIONS AND EXPERIENCE:

A development researcher with a relevant post graduate degree in Economics, Statistics, Banking, Finance, social sciences, or related disciplines, together with specific training in Financial Sector Policy, Regulations, and Operations.

She/ he should have at least 5 years’ experience in a financial sector setting and be able to demonstrate successfully having developed and executed research projects using modern research methods and tools. Demonstrable experience in policy analysis and research.

COMPETENCIES AND SKILLS:

Strong, analytical skills with demonstrated ability to apply them in analysis of financial sector policy, regulations and operations. Experience in monitoring and evaluation processes. Experience in design of databases for research themes and topics. Strong English oral and written communication skills, together with Strong IT skills, particularly (STATA, SPSS, E-Views, Excel, Power point).

COUNTRY COORDINATOR - UGANDA

(1 POST) (REF: EAC/HR/2012/52)


Directorate: Planning
Reports to: Regional Financial Policy Advisor, Sectoral Analysis
Duration of Contract: 2 years Fixed Term (Non-Established)
Station: Arusha, Tanzania


PURPOSE OF THE POST:

The Coordinator will be responsible for ensuring effective understanding of and achievement of project objectives, analysis of and reporting on partner state development needs, together with establishment of institutional networks required for the timely collection and transmission of sector performance information. Over and above their outreach duties, they will support activities at the EAC secretariat in their areas of financial sector specialization.


SCOPE OF WORK:

1. Provide technical and policy related information to the Project Administration Team (PAT), on market trends and reform initiatives in the partner state to which the coordinator is assigned.

2. Regularly liaise with financial sector stakeholders in partner states to maintain awareness of project objectives and ensure support for implementation of project activities.

3. Build strong information sharing arrangements with key actors in partner states

4. Assist the PAT in the preparation of quarterly and annual monitoring and evaluation reports and facilitate knowledge sharing throughout the region.

5. Propose strategies and interventions for strengthening project implementation and partner states outreach.

6. Keep abreast of and regularly report on Partner State concerns and priorities, as well as the socio-economic conditions and trends, as they relate to financial sector integration.

7. Work closely with and support the national constituency of the financial sector providers’ council to identify priority issues which need to be addressed at the regional level.

8. Foster operational and policy linkages between the FSDRP and in country financial sector development projects, for the purposes of identifying potential synergies between the FSDRP and the above initiatives and make proposals as to how these should be further exploited.

9. Keep project team and EAC management informed on partner state’s developments and priorities, in particular, with respect to project themes and components.

10. Undertake research and analytical assignments in the coordinator’s area of specialization.


DELIVERABLES:

i. Quarterly reports covering sectoral trends, levels of development and progress in implementation of project initiatives at partner state level

ii. Successful execution of well-planned FSDRP/ EAC dialogues, conferences and other initiatives in Partner States

iii. A database of key contacts and development interventions of relevance to the project in partner states

QUALIFICATIONS AND EXPERIENCE:

A master’s degree in Economics, Financial Management, Commerce, Business Management, or related discipline. Suitable Candidates should have eight years relevant working experience, of which the last three years should have been in middle to senior management positions in operations, policy making or regulation of the financial sector (i.e. Banking, Pensions, Insurance or Microfinance). Candidate should have good working knowledge, contacts and experience, in the Ugandan financial sector.


SKILLS AND COMPETENCIES:

The Country Coordinators will be expected to be in possession of high-level contacts in their areas of operation. The post will require excellent analytical and communication skills in written & spoken English, with a demonstrated competence in writing concept/strategy notes, project proposals & progress reports.


TERMS AND CONDITIONS OF SERVICE:

This post is a non-established EAC-FSDRP project position, supported by donor funds. Contract terms are limited to the period of the project (i.e. March 2014). Renewal is possible subject to extension of the funding and individual staff’s performance. Attractive consolidated remuneration packages for fixed contract positions will be paid in accordance with the EAC-FSDRP budget.


HOW TO APPLY:

Suitably qualified candidates should submit their applications quoting the reference number of the position applied for, by registered mail, courier service, e-mail (all soft copies should be in MS Word) or dispatch together with Curriculum Vitae, copies of both academic and professional certificates and testimonials, names and addresses of three referees, and day time telephone/cell phone contact details to:

The Secretary General East African Community

Arusha International Conference Centre 5th Floor, Kilimanjaro Wing

P.O. Box 1096 Arusha - Tanzania.

Fax No: 007 27 2502455/2504481 E-mail: vacancies@eachq.org


To be received not later than October 15th 2012