GuaranteesManagerUSAID FtF Kenya Private Sector Activity (KPSA)About Palladium:Palladium is a global company workingto design, develop and deliver positive impact on the lives and livelihoods ofpeople around the globe; broaden access to health, water, power, andinfrastructure; build enduring, sustainable, and transformative institutionsand market systems to address global challenges; and conserve the naturalworld.
We operate in over 90 countries and have a workforce of 4, talented,motivated, and diverse staff of all religions, races, languages, and genderidentities.Project Overview andRole:The Kenya Feed theFuture Private Sector Activity (KPSA) is a $48 million, USAID-funded, Palladiumimplemented project that will accelerate inclusive economic growth in Kenyathrough partnerships with large agricultural firms, health firms and other sectors.Using a systems approach, KPSA will provide a suite of customized, high-impactservices that increase the productivity of firms such as SMEs, smallholders,Business Advisory Service Providers (BASPs) and Financial Institutions (FIs),increase market linkages, and mobilize finance to support targeted sectors.From – , KPSA will use its Inclusive Growth Platform to mobilize $million in finance, create new jobs, increase exports and sales, and increaseaccess to healthcare services.TheGuarantees Manager will support guarantee management with partner FIsto ensure maximum utilization and seek to overlap interventions with InclusiveGrowth Partner business models.
The Guarantees Manager will also supporton-going implementation of the Kenya Credit Guarantee Scheme (KCGS) with aparticular focus in expanding access to KCGS financing for SMEs in KPSA valuechains and geographies.Location: Nairobi, KenyaRoles and Responsibilities:Conduct rapid review of financial institutions with DCA guarantees based on Palladium previous work to establish a strategy to address access to financing in targeted value chainsConnect prospective investors with DCA guarantees to ensure risk is sufficiently mitigated to finance target value chain SMEsAnalyze reasons for DCA under-utilization as well as success factors and develop methods to increase their utilization among Kenya's financial institutionsSeek opportunities to support KCGS including implementation of strategies to diversify loan recipientsIdentify and secure opportunities for Inclusive Growth Partners' value chain actors to access financing via KCGS and DFC partner FIs guarantee productsIn collobaration with others in the Investment Team, support Fis to create financial products aligned with the supply chain finance needs of Inclusive Growth PartnersSupervise the work of subcontractors on KIM working to provide technical assistance and training to financial institutionsLead conversations with USAID Kenya and DCA in Washington to negotiate changes to existing DCA guarantee instruments and how they can be modified to align with a changing Kenyan marketWork with the Inclusive Growth Team to develop a pipeline of private sector firms whose loans could potentially be backed by DCA guaranteesMonitor DCA utilization in the Kenyan market each quarter and report this information to USAIDDevelop and maintain a community of practice among financial institutions with DCAs to share lessons learned, highlight successes, and develop best practicesPositionRequirements:Master's Degree in a relevant subject (MBA, MA in Business, Economics, International Development, Agriculture, or a .
and 10+ years of similar experienceFive years or more of work experience required in the finance and investment fieldSignificant experience and/or exposure to USAID's Development Credit Authority mechanism requiredOverall experience with loan guarantee mechanisms, financial inclusion services, and/or alternative financing schemes requiredDemonstrated experience providing training to financial sector actors requiredExcellent contacts within Kenyan international banking/investment fieldsImpeccable professional record and integrityExcellent verbal and written communication skills in EnglishLocal Kenyan candidates are preferredEquity, Diversity & Inclusion - Palladium is committed to embeddingequity, diversity, and inclusion into everything we do.
We welcome applicationsfrom all sections of society and actively encourage diversity to driveinnovation, creativity, success and good practice.
We positively welcome andseek to ensure we achieve diversity in our workforce; and that all jobapplicants and employees receive equal and fair treatment regardless of theirbackground or personal characteristics.
These include: (but are not limited to)socio-economic background, age, race, gender identity and expression, religion,ethnicity, sexual orientation, disability, nationality, veteran, marital orIndigenous status.