Cash Based Transfers (CBT) Financial Inclusion Officer, NOA
Lead financial inclusion initiatives to enhance cash-based transfers.
Overview
Lead financial inclusion initiatives to enhance cash-based transfers.
You have:
- Bachelor degree in a relevant field Economics/Development Economics/ Development Studies/ Social Protection/Gender Studies.
- 3 years or more of relevant progressive work experience in financial inclusion, education, cash based transfers, financial services, or adjacent field.
- Knowledge in humanitarian and development challenges with familiarity with financial inclusion, social protection, and cash based transfers.
- Knowledge and understanding of the United Nations and its role in humanitarian and development cooperation.
🚩 Vacancy Announcement n°: 168204
✨Grade: National Officer (NO-A)
📢 Job Title: CBT Financial Inclusion Officer
📌Type of Contract: Fixed-Term
➡️ Unit / Division: Programme Support Unit
⭐Location: Regional Bureau for Western Africa (RBD)
📍 Duty Station: Dakar, Senegal
⚡️ Duration: 1 year renewable
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BACKGROUND AND PURPOSE OF THE ASSIGNMENT:
Where markets and the financial sector are functioning, Cash Based Transfers (CBTs) can be an effective path to achieve food security and nutrition outcomes. The World Food Programme (WFP) uses CBTs to empower people with choice to address their essential needs in local markets, while also helping to boost these markets. In 2020, WFP transferred US$2.1 billion of purchasing power, which represented 37 percent of WFP’s total assistance portfolio for the year.
In the RBD region, cash-based transfers represent an increasing share of WFP’s total humanitarian assistance with a record high USD 277 million transferred to beneficiaries in 2021. CBT represents 33% of the region’s total portfolio with 18 country offices utilizing CBT in their operations. In 2021 a new regional strategy for CBT was formally adopted, guiding the cross-functional work within the bureau to further support and enhance CBT across the region.
WFP believes in an inclusive financial ecosystem that extends the reach of affordable digital financial products and services to all. Within this ecosystem, people and particularly women should have the required financial and digital capabilities to make informed financial decisions, and the private sector should have the right market incentives to expand the reach of its networks and provide innovative solutions. One of the cornerstones of the Regional CBT Strategy is to ensure that whenever possible WFP leverages financially inclusive mechanisms to send cash transfers and support beneficiaries to open their own individually owned accounts.
In this role, the Financial Inclusion Officer will be responsible for leading the implementation of the financial inclusion workplan under the RBD CBT Strategy. The Officer will be responsible for working jointly with COs to develop financial inclusion roadmaps and provide guidance on how financial inclusion can be further mainstreamed into WFP’s cash programming. The Officer will also be responsible for working jointly with other cross functional units and working with key public and private sector partners.
ACCOUNTABILITIES/RESPONSIBILITIES:
Under the overall direction and guidance of the Regional CBT Programme Policy Officer and in line with WFP corporate strategy, guidance materials and standards for CBT, the Financial Inclusion Officer, will have the following main responsibilities:
- Oversee the implementation of the financial inclusion workplan of the RBD CBT Strategy.
- Provide guidance to COs on how to mainstream financial inclusion and support COs in the development of financial inclusion roadmaps.
- Compile and develop financial inclusion resources in French and English.
- Work jointly with other RBD Units to support the mainstreaming of financial inclusion into other programme areas.
- Serve as the main focal person for RBD’s financial inclusion funding streams and work jointly with COs and HQ on identifying additional funding for COs.
- Work to maintain and develop additional partnerships with the public and private sector on financial inclusion.
- Serve as main focal point with HQ financial inclusion team.
- Other duties, as required.
DELIVERABLES AT THE END OF THE CONTRACT:
- Implement financial inclusion workplan.
- Support CO financial inclusion roadmaps.
- Compilation of financial inclusion resources in French and English.
- Financial Inclusion partnerships in place and supporting COs.
QUALIFICATIONS & EXPERIENCE REQUIRED:
Education:
Bachelor degree in a relevant field Economics/Development Economics/ Development Studies/ Social Protection/Gender Studies.
Experience:
3 years or more of relevant progressive work experience in financial inclusion, education, cash based transfers, financial services, or adjacent field.
Knowledge & Skills:
Knowledge of humanitarian and development challenges with a familiarity with financial inclusion, social protection, and cash based transfers. Knowledge and understanding of the United Nations and its role in humanitarian and development cooperation. Strong writing, analytical, research and reporting skills. Ability to use interactive visual collaboration and digital communication tools. Proficiency in MS Office (Word. Excel, Power Point, Outlook) is required.
Deadline for application: 20 July 2022.
This position is open to Senegalese nationals only. Qualified female applicants are especially encouraged to apply.
WFP has zero-tolerance for discrimination and does not discriminate based on race, sex, color, ethnic group, age, sexual orientation, other affiliation, or HIV/AIDS status.
No appointment under any kind of contract will be offered to members of the UN Advisory Committee on Administrative and Budgetary Questions (ACABQ), International Civil Service Commission (ICSC), FAO Finance Committee, WFP External Auditor, WFP Audit Committee, Joint Inspection Unit (JIU) and other similar bodies within the United Nations system with oversight responsibilities over WFP, both during their service and within three years of ceasing that service.
Potential interview questions
| Can you discuss your experience with financial inclusion strategies? | This question assesses your familiarity and practical experience in implementing strategies for financial inclusion. | Highlight specific examples of strategies you've developed or implemented and their outcomes. |
| How do you approach collaboration with cross-functional teams? | This question seeks to understand your teamwork and collaboration skills. | Pro members can see the explanation. |