ABOUT MASTERCARD FOUNDATION
Mastercard Foundation seeks a world where everyone has the opportunity to learn and prosper. Through its Young Africa Works strategy and Canadian EleV program, the Foundation works with partners to ensure that millions of young people, especially young women, access quality education, financial services and dignified work. Mastercard Foundation was established in 2006 through the generosity of Mastercard when it became a public company. The Foundation is independent with its own Board of Directors and CEO.
THE WORK AT THE FOUNDATION
We are currently in an exciting period at the Mastercard Foundation as we intensify the implementation of the Young Africa Works strategy, aiming to empower 30 million young people throughout Africa to access dignified and fulfilling employment.
To ensure the Foundation's accessibility to our partners and program participants, we have established offices in Rwanda, Kenya, Ghana, Senegal, Ethiopia, Nigeria, and Uganda. These offices provide strong in-country support for the implementation of Young Africa Works. We collaborate with governments, the private sector, educators, and other funders to enhance the quality of education and vocational training, equip young individuals with the necessary skills for the workforce, expand access to financial services for entrepreneurs and small businesses, and facilitate connections between job seekers and meaningful employment opportunities.
Our values serve as our guiding principles, transcending and surpassing all other considerations. We wholeheartedly encourage you to bring your bold ideas, curiosity, and expertise to your work.
If you are an experienced Finance professional looking to increase your impact, read on!
THE OPPORTUNITY
Reporting to the Country Director, the Finance Lead has a primary focus on broadening access to financial services and providing strategic guidance for our country's programs. S/he will play a central role in shaping and implementing strategies that empower underserved communities, improve access to financial services, and enhance economic opportunities in these vital sectors across Nigeria.
WAYS YOU CAN CONTRIBUTE
- Develop and execute a comprehensive financial inclusion and access to finance strategy that aligns with the Mastercard Foundation's mission and values, focusing on expanding access to financial services for underserved populations.
- Collaborate with internal stakeholders, partners, regulators, and governmental agencies to drive sustainable and impactful financial inclusion and access to finance initiatives.
- Lead the creation of a long-term vision for financial inclusion and access to finance in Nigeria, with special attention to the agriculture, creative, and digital sectors, ensuring alignment with the Foundation's objectives.
- Design, lead, and oversee access to finance initiatives that enhance the availability and affordability of financial services for underserved communities.
- Develop and implement innovative and blended financing models, including digital financial services and risk mitigation instruments, to reach remote and marginalized populations.
- Foster the growth of microfinance institutions and community-based financial service providers to extend financial access.
- Develop and deliver sector-specific capacity-building programs for stakeholders, enhancing their ability to provide and utilize financial services effectively. Organize training workshops, seminars, and knowledge-sharing events within the agriculture, creative, and digital sectors to promote skill development and growth.
- Identify, cultivate, and manage partnerships with financial institutions, technology providers, government bodies, regulators, NGOs, and other relevant stakeholders to enhance the reach and impact of financial inclusion and access to finance programs.
- Establish and maintain effective working relationships with key stakeholders to foster collaboration and drive collective action towards achieving financial inclusion and access to finance goals.
- Provide expert advisory for sector programs in agriculture, creative, and the digital economy, identifying opportunities to integrate financial inclusion and access to finance strategies for maximum impact.
- Design, implement, and oversee innovative financial inclusion and access to finance programs tailored to the agriculture, creative, and digital sectors. Leverage technology, data analytics, and best practices to expand access to financial services, credit, savings, and insurance.
- Monitor the progress of programs and initiatives, ensuring alignment with sector-specific objectives and desired outcomes.
- Advocate for policies and regulatory reforms that foster inclusive financial systems and support sector growth, using insights from foundation-sponsored research to drive tangible economic impact.
- Define sector-specific KPIs and metrics to assess the impact of financial inclusion and access to finance programs and advisory efforts.
- Prepare regular reports and presentations for internal and external stakeholders, showcasing progress and outcomes within the agriculture, creative, and digital sectors.
WHO YOU ARE
- A minimum of 10 years of professional experience in financial services, Impact Investing, inclusive and blended finance, microfinance, fintech, or related fields.
- Master's degree in finance, economics, business administration, or a related field (Ph.D. is a plus).
- Strong knowledge of the Nigerian financial landscape, regulatory environment, and the entrepreneurship, agriculture, creative, and digital sectors.
- Proven track record in designing, implementing, and enabling successful financial inclusion strategies and initiatives, with expertise in providing advisory for sector programs.
- Demonstrated experience in partnership development, stakeholder engagement, and coalition building.
- Experience working with international development organizations, such as the World Bank, USAID, CGAP, and DFIs, is a valuable advantage.
- Ability to think strategically, analyze complex problems, and make data-driven decisions.
- Flexible, adaptable, agile, and able to execute a range of job duties with multiple deadlines and changing priorities.
- Proven excellence in verbal, written, and presentation skills with the ability to articulate information to a variety of constituents across cultures and to distill complex information and data into accessible conversation and written pieces.
- Possess professional maturity, sensitivity with different cultures, and impeccable integrity that exemplify the Foundation’s values.
- You have a commitment to Mastercard Foundation’s values and vision.
Deadline for Applications is July 1, 2024.
Mastercard Foundation (the “Foundation”) values and respects your privacy. By submitting an application for this opportunity, you hereby agree to the Foundation’s collection, use and disclosure of your personal information in accordance with its Privacy Policy (available at https://mastercardfdn.org/privacy/). Please note that the Foundation may share your personal information with third-party agencies that support the Foundation’s recruitment activities, and such third-party agencies may contact you directly regarding this opportunity. If you have any questions or concerns, please contact the Foundation’s Privacy Officer at the address indicated in its Privacy Policy.
The Mastercard Foundation values the unique skills and experiences each individual brings to the organization and we are committed to creating and maintaining an inclusive and accessible environment for everyone.
Completion of satisfactory business references and background checks are essential conditions of employment.
For more information and to sign up for the Foundation’s newsletter, please visit http://www.mastercardfdn.org/
Follow the Foundation on Twitter at @MastercardFdn
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