Vacancy title:
Rural Finance Manager
Jobs at:
Ministry of Agriculture, Animal Industry and FisheriesDeadline of this Job:
03 January 2022
Summary
Date Posted: Wednesday, December 15, 2021 , Base Salary: Not Disclosed
JOB DETAILS:
Contract Duration: Two-year contract, with six months’ probation period, renewable based on satisfactory
Main Functions:
• Responsible for the Rural Financial Services activities of NOSP.
• Provide technical assistance for product innovation for VSLA linkage banking for agriculture, value chain financing and loan risk management for financial institutions, technical assistance to SACCOs and other co-operatives, and working with insurance companies for piloting and scaling-up crop insurance and facilitate bundled crop insurance products access to the project target groups.
• Work closely with the formal financial institutions, insurance companies and the Agriculture Insurance Consortium at the national, regional and hub level as well as with Tier 4 financial institutions from the project area particularly focussing on the linking of VSLAs with the formal financial institutions, insurance companies and other service providers in the oil seed crop value chain.
Specific Responsibilities:
• To take overall responsibility and leadership on the planning, implementation and monitoring of the Rural Financial Services activities of NOSP. This involves the preparation and monitoring of Annual Work Plans and Budgets (AWPB), progress reports and analytical reports;
• Manage the rural finance activities in accordance with the approved annual work plans, coordinate and ensure complementarities with Oil Seed Value Chain Development activities;
• Participate in multi-stakeholder platforms and address issues related to credit and agriculture crop insurance;
• Develop TORs and selection criteria for contracting national technical assistance consultants, ensuring quality of their work and providing advisory support as required;
• Carry out due diligence of interested financing institutions, prepare the ToRs for technical assistance and develop partnership with the Bank of Uganda, Agricultural Credit Facility, financing banks and project to facilitate affordable credit for target groups.
• Develop MOUs with the Agriculture Insurance Consortium (AIC), individual insurance companies, financing institutions, other significant players in the oil seed value chain and the project to facilitate crop insurance services.
• Ensure an assessment of seasonal credit requirement plans for the VSLA members and agri businesses and facilitate and monitor flow of credit for financing production;
• Participate in evaluation committees for selection of co-financing applicants for mechanisation and post harvest cleaning equipment and ensure financial services for co financing;
• Maintain close coordination with implementation partners (banking and financial institutions, insurance companies, private service providers, NGOs and other stakeholders) and ensure satisfactory results;
• In close coordination with hub-level agriculture finance consultants, ensure that all policy and operational issues are sorted out in a timely manner for flow of financial services;
• Plan, supervise and monitor the trainings on financial literacy trainings for effective results;
o Assume a lead responsibility for the organisation of rural finance-related trainings, study tours, conferences and workshops;
• Provide support and guidance for the gathering of data and information needed to undertake an effective monitoring and evaluation of all the rural finance activities;
• Oversee the design and establishment of channels for regular information dissemination, sharing, and networking among stakeholders including VC members.
Specific Qualifications and Experience:
Interested candidates should have the following qualifications, experience and competencies:
• University degree in economics, business administration, agri business, or in a related field
• A Master’s degree in any of the above related fields.
• A certificate in insurance would be an added advantage.
• Work experience in banking for 15 years out of which at least seven years in agri-banking and small farmer and agri-business credit;
• Experience in implementation of internationally financed projects will be an added advantage;
• Good knowledge of the different national banking and financial institutions, insurance companies, concerned with agriculture finance and insurance strong ability and readiness to communicate, and work with them;
Required skills:
• Communication skills, especially written communication, group facilitation skills
• Gender sensitivity in working with both men and women understanding and addressing their needs;
• Team player with ability to work with different stakeholders and programme team;
• Fluent written and spoken English and national local language.
• Problem solving skills;
Work Hours: 8
Experience in Months: 180
Level of Education: Bachelor Degree
Job application procedure
All candidates should send their written applications with copies of academic credentials, testimonials and detailed Curriculum Vitae (CV) indicating contact details of (03) referees addressed to the Permanent Secretary, Ministry of Agriculture, Animal Industry and Fisheries, and hand delivered to the
Ministry Registry located at Plot No.14 Lugard Road Entebbe,
P. 0. Box 102, Entebbe – Uganda
NB: Only shordisted candidates will be contacted.
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