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Established in 1951, IOM is the leading inter-governmental organization in the field of migration and works closely with governmental, intergovernmental and non-governmental partners. IOM is dedicated to promoting humane and orderly migration for the benefit of all. It does so by providing services and advice to governments and migrants.
Job Description
Job Posting Organization: The job posting organization is the European Union-funded RRR Project, which focuses on enhancing migration governance in Cameroon. The project aims to strengthen reintegration governance and promote sustainable economic reintegration for returning migrants. It emphasizes the importance of financial inclusion and access to appropriate financial services as critical components for successful reintegration pathways. The project is designed to build public-private partnerships and strengthen socioeconomic reintegration frameworks, indicating a commitment to collaborative efforts in addressing migration challenges. The organization operates within the context of international development and migration management, working closely with local and national stakeholders to implement its objectives.
Job Overview: The Reintegration Assistant – Finance Analyst will play a pivotal role in the RRR Project by leading efforts to identify, negotiate, and prepare partnerships with financial institutions. This position is crucial for developing a financial partnership model that supports the financing of migrant reintegration projects under optimal conditions. The analyst will conduct comprehensive mapping of financial institutions, including banks and microfinance institutions, to evaluate their products and services relevant to migrants. The role involves designing financial mechanisms tailored to the needs of migrant businesses, facilitating consultations with financial institutions, and drafting partnership agreements. The analyst will also contribute to capacity building and stakeholder coordination, ensuring that financial mechanisms align with national reintegration strategies. Overall, this position requires a blend of analytical, technical, and negotiation skills to effectively support the project's objectives.
Duties and Responsibilities: The duties and responsibilities of the Reintegration Assistant – Finance Analyst include: conducting comprehensive mapping of banks, microfinance institutions, fintechs, and guarantee funds in Cameroon; analyzing financial products and services offered by these institutions; producing financial profiles and comparative assessments to shortlist promising institutions; designing draft financial mechanisms adapted to migrant businesses; facilitating bilateral consultations with targeted banks and MFIs; drafting negotiation notes and technical annexes; contributing to the development of partnership instruments such as MoUs and operational guidelines; supporting capacity building efforts with government ministries; producing various reports and knowledge products related to financial institutions and reintegration financing models; and preparing meeting minutes and technical summaries to document discussions and agreements.
Required Qualifications: The required qualifications for the position include a high school diploma with six years of relevant experience or a Bachelor’s degree in Finance, Banking, Economics, Business Administration, Development Studies, or a related field from an accredited institution with four years of relevant professional experience. Candidates should possess a strong understanding of credit products, SME finance, and risk analysis, as well as the ability to design financing mechanisms for vulnerable groups. Excellent drafting, negotiation, and analytical skills are essential, along with proficiency in Excel and financial modeling tools. Experience in financial analysis, microfinance, SME banking, or economic development is necessary, with additional experience in public-private partnerships or financial sector regulation considered an asset.
Educational Background: Candidates must have either a high school diploma with six years of relevant experience or a Bachelor’s degree in a relevant field such as Finance, Banking, Economics, Business Administration, or Development Studies. The educational background should be from an accredited institution, ensuring that candidates have a solid foundation in financial principles and practices that are applicable to the role of Finance Analyst.
Experience: The position requires a minimum of three years of experience in financial analysis, microfinance, SME banking, or economic development. Experience in public-private partnerships or financial sector regulation is considered an asset, while experience in livelihood, entrepreneurship, or reintegration programs is desirable. Candidates should have a proven track record of engaging with banks, microfinance institutions, or fintechs, as well as experience in drafting concept notes, financial models, or partnership documents, which are critical for the successful execution of the role.
Languages: Fluency in English and French is required for this position, both oral and written. This bilingual requirement is essential for effective communication with various stakeholders, including financial institutions, government counterparts, and project partners, ensuring that all parties are aligned and informed throughout the partnership development process.
Additional Notes: The position is likely to be full-time, and while the job ad does not specify the contract duration, it is common for roles associated with project funding to align with the project timeline. The seniority level appears to be mid-level, given the experience requirements and the responsibilities outlined. The role may involve recruiting nationally, focusing on candidates who are familiar with the local context and financial landscape in Cameroon. Compensation and benefits details are not provided in the job ad, but candidates can expect a competitive package commensurate with their experience and qualifications.
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