Apply for the Financial Services Advisor Position at IITA in Nigeria. The name of organization is International Institute of Tropical Agriculture (IITA)
Duties
The incumbent will do the following duties
- Identify Financial Institutions that would partner with the Activity in providing
access to finance for the beneficiaries; - Furthermore, facilitate Financial Institutions’ lending to the Activity’s beneficiaries
(smallholder farmers, women and youth micro-entrepreneurs) in the target states of Adamawa and Borno by identifying finance requirements at each stage of the agricultural commodities value chains through a structured assessment, assist beneficiaries in developing bankable proposals. Also, linking them to sources of finance through negotiating MOUs with qualified/interested financial institutions; determine and provide required technical assistance to prepare beneficiaries for accessing loan fund; - Likewise, identify and negotiate the use of appropriate funding and guarantee mechanisms, such as USAID-DCA, NIRSAL etc as requested by Financial Institutions or deemed appropriate;
- Moreover, monitor partner financial institutions and ensure timely disbursement of loan
facility to networked farmers, youths and women entrepreneurs; - Also, collaborate with partner financial institutions, guarantee agencies to monitor
farmers’ use of loan fund and ensure timely payment of loan; - Furthermore, team with other Activity staff as necessary and ensure that transactions are concluded, and targets are met
Qualifications for Financial Services Advisor Position
The incumbent must meet the given requirements
A post graduate degree in Banking and Finance, Economics, Business Administration or
related fields from an accredited university. Additionally, the ideal candidate must be a financial services expert with a minimum of seven (7) years’ working experience as Financial
Services Advisor/consultant or a related role in a donor funded (preferably USAID)
market-driven agricultural and livelihood development project in Nigeria.
Competencies
- Identify Financial Institutions that would partner with the Activity in providing
access to finance for the beneficiaries; - Furthermore, facilitate Financial Institutions’ lending to the Activity’s beneficiaries in the target states of Adamawa and Borno by identifying finance requirements at each stage of the agricultural commodities value chains through a structured assessment.
- Also, assist beneficiaries in developing bankable proposals, and linking them to sources of finance through negotiating MOUs with qualified/interested financial institutions.
- Likewise, determine and provide required technical assistance to prepare beneficiaries for accessing loan fund
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