The African Guarantee Fund (AGF): The African Guarantee Fund for Small and
Medium-sized Enterprises (AGF) is incorporated and licensed in Mauritius as a
limited liability company and has its office of operation in Nairobi,
Kenya.
The AGF contributes to the promotion
of economic development, vital for prosperity, stability and poverty reduction
in Africa through two lines of activity:
a) Provision of a mix of financial guarantees and other products which reduce the risks supported by the financial sector when lending to SMEs that have insufficient collateral. These guarantees contribute to reduce the inability of SMEs to provide acceptable guarantees to financial institutions. Loan Guarantee based on a hybrid approach, Bank’s Fund Raising Guarantee and Equity Guarantees are offered.
a) Provision of a mix of financial guarantees and other products which reduce the risks supported by the financial sector when lending to SMEs that have insufficient collateral. These guarantees contribute to reduce the inability of SMEs to provide acceptable guarantees to financial institutions. Loan Guarantee based on a hybrid approach, Bank’s Fund Raising Guarantee and Equity Guarantees are offered.
b) Support for capacity development
of the client financial institutions.
The AGF operates according to market principles and is a commercially viable venture with operations in a number of countries in Africa and its gradually expanding to other countries to cover the whole of Africa.
The AGF operates according to market principles and is a commercially viable venture with operations in a number of countries in Africa and its gradually expanding to other countries to cover the whole of Africa.
The African Development Bank (AfDB)
together with the governments of Denmark (through Danida) and Spain (through aecid),
are the founding shareholders of AGF.
Vacancy: Head of Business Development
Reporting: The Head of Business Development reports directly to the Chief Executive Officer - CEO.
Responsibility: The Head of Business Development will be in charge of the whole Business Development department activities and supervises Senior and Junior Business development officers.
Position Location: AGF offices in Nairobi, Kenya with frequent travels
Position Summary: Under the guidance and supervision of the CEO, this position is a high level strategic role in coordinating and driving the development of AGF’s Guarantee and Capacity Building products across Africa which includes the achievement of defined revenue targets, the development of organizational capacity, and the growth of the guarantee service offerings to partner lending institutions and its related social impact.
Major Duties and Responsibilities
Business Development
Reporting: The Head of Business Development reports directly to the Chief Executive Officer - CEO.
Responsibility: The Head of Business Development will be in charge of the whole Business Development department activities and supervises Senior and Junior Business development officers.
Position Location: AGF offices in Nairobi, Kenya with frequent travels
Position Summary: Under the guidance and supervision of the CEO, this position is a high level strategic role in coordinating and driving the development of AGF’s Guarantee and Capacity Building products across Africa which includes the achievement of defined revenue targets, the development of organizational capacity, and the growth of the guarantee service offerings to partner lending institutions and its related social impact.
Major Duties and Responsibilities
Business Development
- Lead the Business Development team in
sourcing, managing and implementing new business opportunities;
- Develop and implement new business development
strategies to grow AGF’s guarantee business;
- Oversee the entire Guarantee process cycle
right from Lead Generation, Credit appraisal which include credit / risk
rating of the country PLI and borrower on the basis of business &
financial analysis, due diligence and site visits;
- Present guarantee requests for approval by the
institution’s approval bodies;
- Develop and manage relationships with AGF
partner lending institutions to meet their guarantee requirements;
- Continuously carry out market and competitor
analysis as part of gathering market intelligence to inform business
decisions;
- Manage the department’s resources within
budgetary guidelines approved by the CEO according to company policy and within
ethical corporate governance guidelines;
- Manage an existing portfolio to ensure that
credit quality is maintained while adding incremental growth;
Capacity Development
- Proactively develop and implement capacity
development strategies, approach papers and operational policies;
- Coordinate external relations and support the
CEO in negotiating support for the AGF Capacity Development facility;
- Prepare and implement annual capacity
development budgets and work plans;
- Manage the capacity development sub facility
for partner lending institutions and business development support
providers;
- Organize capacity development needs
assessments of the identified business development support providers;
- Identify and manage the procurement and
contracting of qualified providers of capacity development to business
development support providers;
- Actively contribute to building relationships
between partner lending institutions and business development support
providers and promoting effective tripartite; relationships between
partner lending institutions and business development support providers
and SMEs;
- Reporting on progress and results as part of
the AGF reporting schedule.
Supervisory Responsibilities
- Manage and lead the business development and
capacity development team.
In addition to the above duties, the
Head of Business Development may be required to perform other related or
unrelated duties based on the company’s needs.
Qualifications, Knowledge, Skills & Experience Required
Qualifications, Knowledge, Skills & Experience Required
- Masters degree in Finance, Business Administration
or a related field;
- At least 10 years’ managerial and leadership
experience, preferably gained in a financial institution;
- Strong oral and written communication skills
- Desirable knowledge of guarantee and banking
systems.
- Strong knowledge of strategies, approaches and
tools in capacity development;
- Have a good understanding of financial
institutions’ approaches to SME lending, risk mitigation strategies, loan
appraisal criteria etc.;
- Good knowledge and understanding of the SME
context in Africa.
- Demonstrated ability to compile and report
results of management activities
Additional Eligibility Competences
and Desired Characteristics
- Self-driven individual with a passion and
flair for helping SMEs succeed;
- Excellent project management and consulting
skills;
- Excellent IT skills;
- Ability to work in a professionally and
culturally diverse setting;
- Willingness to travel and work under minimum
supervision
- Bilingual – fluent in English with a working
knowledge of French.
- Team player with strong interpersonal and
leadership skills
- Must have strong analytical and coaching
skills;
Eligibility: The position is open to bilingual candidates of
any country
Vacancy: Head of
Monitoring and Evaluation
Reporting: The Head of Monitoring and Evaluation reports directly to the Chief Executive Officer - CEO.
Position Location:AGF offices in Nairobi, Kenya with frequent travels
Reporting: The Head of Monitoring and Evaluation reports directly to the Chief Executive Officer - CEO.
Position Location:AGF offices in Nairobi, Kenya with frequent travels
Position Summary: The Head of M&E will be responsible for
designing, implementing, and managing a monitoring and evaluations system which
will help to analyze the social and development impacts of AGF’s activities.
Major Duties and Responsibilities
Under the supervision of the CEO, the Head of M&E will have the responsibility to:
Under the supervision of the CEO, the Head of M&E will have the responsibility to:
- Coordinate the planning and monitoring of
AGF’s progress and results;
- Measure input and outputs;
- In coordination with relevant AGF operating
units on matters of data collection, provide rapid
information on all AGF activities while ensuring transparency and
integrity;
- Coordinate the creation of a Guarantee and Capacity
Development Performance Monitoring Plan including assessing the validity
of the information and indicators that contribute to that plan;
- Select data collection methods for adequate
monitoring and evaluation of performance and of the program as a whole;
and
- Develop substantive input for the annual
reporting requirements and coordinate data collection on results in the
SME sector with partner institutions.
These methods may include:
- Field visits, quarterly reports, specialized
surveys and other sources of information like government and multilateral
agencies and other organization statistics;
- Reviewing these methods and making
improvements to them monitoring and evaluation procedures and systems;
- Coordinate the process in collaboration with
other AGF’s operating units for updating policy and procedure documents in
the areas of monitoring and evaluation to align with the most current AGF
Polices and requirements.
- Assist in building local M&E capacities in
the spirit of inclusive development and in concert with the development
goals and prudential operation of a financial institution.
- The Head of M&E will assist in the
monitoring and evaluation of the implementation of activities (guarantees,
capacity building). This may involve:
- Reviewing work plans, quarterly reports,
participating in site visits, initiating regular portfolio reviews and
contributing to guarantee and capacity building design and evaluations.
Supervisory Responsibilities
- Manage and lead the Monitoring and Evaluation
department.
In addition to the above duties, the
Head of Monitoring and Evaluation may be required to perform other related or
unrelated duties based on the company’s needs.
Qualifications, Knowledge, Skills & Experience Required
The Head of M&E shall have:
Qualifications, Knowledge, Skills & Experience Required
The Head of M&E shall have:
- A Master’s degree in Economics, Business
Finance, Social Sciences, or related field is required,
- At least 10 years of relevant, progressively
responsible experience, with a proven track record of monitoring and
evaluating activities focusing on economic development, banking, capacity
building and technical assistance activities related to small and medium
enterprises;
- She/he shall possess technical familiarity
with evaluation methods and standards under the AGF Evaluation Policy;
- She/he will be responsible for further developing,
implementing, and regularly updating the AGF’s Monitoring and Evaluation
Policies and Procedures;
- Strong oral and written communication skills
- Desirable knowledge of guarantee system
- Strong knowledge of strategies, approaches and
tools in capacity development;
- Have a good understanding of financial
institutions’ approaches to SME lending, risk mitigation strategies, loan
appraisal criteria etc.;
- Demonstrated ability to compile and report
results of management activities
Additional eligibility competences
and desired Characteristics
- Self-driven individual with a passion and
flair for helping SMEs succeed;
- Excellent project management and consulting
skills;
- Excellent IT skills;
- Ability to work in a professionally and
culturally diverse setting;
- Willingness to travel and work under minimum
supervision
- Bilingual – fluent in English and French.
- Team player with strong interpersonal and
leadership skills
- Must have strong analytical and coaching
skills;
Eligibility: The position is open to bilingual candidates of
any country
Vacancy: Senior Business Development Officer
Reporting: The Senior Business Development Officer reports to the Head of Business Development.
Reporting: The Senior Business Development Officer reports to the Head of Business Development.
Position Location:AGF offices in Nairobi, Kenya with frequent travels
Position Summary: Under the supervision and guidance of the
HOBD,the Senior Business Development Officer supports the HOBD in the
Implementation of AGF’s business development strategies and plans to meet the
department’s targets.
Major Responsibilities
Business Development
Major Responsibilities
Business Development
- Identify and develop new business proposals to
meet the department’s revenue targets;
- Use multiple prospecting methods to generate
leads, set up sales meetings and pitch appropriate solution-offerings to
prospects;
- Assist the HOBD to manage the Guarantee process
cycle right from Lead Generation, Credit appraisal which include credit /
risk rating of the PLI and the end borrower on the basis of business &
financial analysis, due diligence and site visits, etc;
- Prepare guarantee requests for the HOBD for
presentation for approval by appropriate approval bodies;
- Assist the HOBD in developing and managing
relationships with AGF partner lending institutions to meet their
guarantee requirements;
- Assist the HOBD to carry out market and
competitor analysis as part of gathering market intelligence to inform
business decisions;
- Monitor the guarantee portfolio under his/her
responsibility
Supervisory Responsibilities
- Manage assigned projects effectively;
- Manage assigned work teams including coaching
and mentoring staff within the department;
- Supervises Business development officers
assigned to you.
In addition to the above duties, the
Senior Business Development Officer may be required to perform other related or
unrelated duties based on the company’s needs.
Desired Qualifications, knowledge, skills & Experiences
Desired Qualifications, knowledge, skills & Experiences
- Masters’ degree in finance, or business
administration or related field;
- 7 years’ experience in a professional or
technical role in the Financial services or Banking sector;
- Experience in bank financing (specifically
SME), including 3 years in a management role in the financial services
sector;
- Sound understanding of SME lending and the SME
context in Africa;
- Demonstrated track record in the banking
industry in portfolio management with focus in consultative and solution
oriented sales and marketing approaches;
- Strong marketing skills
- Demonstrated understanding of guarantee
products;
- Good knowledge of CAMELS;
- Demonstrated experience as client-facing
staff.
- Ability to compile and report results of
activities
Additional eligibility competences
and desired characteristics
- Self-driven individual with a passion and
flair for helping SMEs succeed;
- Excellent communication, interpersonal and
management skills;
- Excellent marketing and IT skills;
- Excellent negotiation and problem solving
skills;
- Detail oriented and systematic with a high
level of accuracy;
- Ability to work in a professionally and
culturally diverse setting;
- Willingness to travel;
- Bilingual – fluent in English and French.
Eligibility: The position is open to bilingual candidates of
any country.
Vacancy:Communication Officer
Reporting: The Communication Officer reports to the
CEO.
Position Location:AGF offices in Nairobi, Kenya
Position Location:AGF offices in Nairobi, Kenya
Position Summary: The position focuses on increasing the
visibility of the African Guarantee Fund by providing feedback to its clients
and partner institutions by creating and developing the institution image and
building the brand AGF.
Duties and Responsibilities:
The Communication officer will have the following duties and responsibilities that will contribute to reflect the image of AGF:
Duties and Responsibilities:
The Communication officer will have the following duties and responsibilities that will contribute to reflect the image of AGF:
- Assist in the development and implementation
of an e-communication strategy to ensure effective communication with key
stakeholders, including both internal and external audiences;
- Coordinating media press briefs in
consultation with the CEO
- Organising round table discussions or
breakfast meetings for publicity of AGF with partners.
- Develop and maintain the Web site, expanding
AGF’s outreach capacity through use of digital media tools; Facebook,
twitter etc.
- Coordinate AGF bi-monthly electronic
newsletter: write content, distribute via e-mail, maintain mailing lists;
- Maintain database of AGF resource persons
within the regions;
- Assist in event planning, including workshops,
media conferences;
- In consultation with concerned departments,
respond and direct email queries from clients and partners on the AGF info
email; and
- Implement and maintain corporate brand
standards in all materials developed.
In addition to the above duties, the
Communication Officer may be required to perform other related or unrelated
duties based on the company’s needs.
Desired Qualifications, knowledge, skills & Experiences
Desired Qualifications, knowledge, skills & Experiences
- Degree in journalism, public relations,
communications, or related field, preferably in the development, Banking
and Finance sector;
- At least five (5) years of relevant
professional work experience;
- Good written communication skills, with
demonstrated experience in the application of professional editorial
standards, journalistic news writing and corporate brand style;
- Bilingual with fluent English and French
(speaking and writing).
Additional Eligibility Critical
Competencies and Desired Characteristics
- Ability to organize and manage multiple
priorities, work under pressure and meet deadlines;
- Strong self-starter with initiative to
identify opportunities and take appropriate action;
- Excellent interpersonal skills and
demonstrated ability to work effectively in a multicultural
team;
- Proficiency in Microsoft Office, In Design and
Web content management software such as Drupal;
- Direct, demonstrated experience with and
knowledge of:
- social networking strategies, networks, tools
- blogs
- graphic design (Adobe suite);
- Good command of written and spoken French and
English
- Enthusiastic, personal commitment to the issues
promoted by AGF and display the highest standards of personal integrity.
Eligibility: The position is open to bilingual nationals of
any African country.
Vacancy: Credit Officer
Reporting: The Credit Officer reports to the Risk
Manager.
Position Location:AGF offices in Nairobi, Kenya
Position Location:AGF offices in Nairobi, Kenya
Position Summary: The position focuses on supporting the Risk Manager
in conducting risk assessment of guarantee approval requests presented by
implementing the risk policies and procedures.
Duties and Responsibilities
Duties and Responsibilities
- Conduct Credit Risk assessment of guarantee
approval requests (GAR) presented.
- Discuss the GAR both with Business Development
Officers and Risk Manager
- Highlight all identified risks and make risk
mitigation strategies recommendations including proposing of conditions
and covenants.
- Monitor utilization of guarantee limits and
facilities covered under the guarantees
- Ensure conditions and covenants of approvers
are complied with and are appropriately captured in the guarantee
agreements.
- Follow-up on all outstanding information and
documentation required for Risk Departments day-to-day operations.
- Support Risk Manager in the implementation of
the Risk processes and procedures
- Compile regular and ad-hoc risk reports as
required
- Perform other duties allocated to him/her by
the Risk Manager
In addition to the above duties, the
Credit Officer may be required to perform other related or unrelated duties
based on the company’s needs.
Desired Qualifications, Knowledge, Skills & Experiences
Desired Qualifications, Knowledge, Skills & Experiences
- Bachelor’s degree in Commerce, Accounting,
Finance, or Business administration;
- A Minimum of five (5) years’ experience in
Credit Risk department of a bank or financial institution that is a credit
provider. Experience in FI Credit Analysis and/or in SME Credit analysis
is an added advantage.
- Good financial analysis skills
- Demonstrated understanding of insurance,
guarantee and bonding facilities
- Demonstrated track record in business
development and portfolio management.
- Demonstrated understanding of guarantee and
banking products;
- Ability to compile and report results of
activities
Additional eligibility critical
Competencies and desired characteristics
- Excellent analytical and IT skills;
- Ability to work independently and with teams;
- Self-driven individual with a passion and flair
for helping SMEs succeed;
- Ability to work in a professionally and
culturally diverse setting;
- Willingness to travel;
- Bilingual – fluent in English and French with
ability to read and write.
Eligibility: The position is open to bilingual nationals of any
African country.
Vacancy: Business Development Officer
Reporting: The Business development Officer reports to the Head of Business development
Reporting: The Business development Officer reports to the Head of Business development
Location: AGF offices in Nairobi, Kenya
Position Summary: The position focuses on implementation of business
development strategies and plans to meet the department’s revenue targets and
development impacts.
Major duties and Responsibilities
Business Development
Major duties and Responsibilities
Business Development
- Identify and develop new business proposals to
meet the department’s revenue targets and social impacts;
- Use multiple prospecting methods to generate
leads, set up sales meetings and pitch appropriate solution-offerings to
prospects;
- Assist the HBD to manage the Guarantee process
cycle right from Lead Generation, Credit appraisal which include credit /
risk rating of the borrower on the basis of business & financial
analysis, due diligence and site visits;
- Prepare guarantee requests for the HBD for
presentation for approval by the relevant approval bodies;
- Assist the HDD in developing and managing relationships
with AGF partner lending institutions to meet their guarantee
requirements;
- Assist the HBD to carry out market and
competitor analysis as part of gathering market intelligence to inform
business decisions;
Supervisory Responsibilities
- Manage assigned projects effectively;
- Manage assigned work teams;
In addition to the above duties, the
Business Development Officer may be required to perform other related or
unrelated duties based on the company’s needs.
Desirable Qualifications, Knowledge, Skills and Experiences
Desirable Qualifications, Knowledge, Skills and Experiences
- Master’s degree in Accounting, Finance, or
Business Administration;
- A minimum of five (5) years of experience in a
financial institution with sound understanding of SME lending;
- Demonstrated track record in business
development and portfolio management with focus in consultative and
solution oriented sales and marketing approaches;
- Demonstrated understanding of guarantee and
banking products;
- Good knowledge of CAMELS;
- Demonstrated experience as client-facing
staff.
- Ability to compile and report results of
activities
Additional eligibility critical
competencies and desired characteristics
- Excellent analytical skills;
- Ability to work independently and with teams;
- Self-driven individual with a passion and
flair for helping SMEs succeed;
- Excellent IT skills;
- Ability to work in a professionally and
culturally diverse setting;
- Willingness to travel;
- Bilingual – Fluent in English and French with
ability to read and write.
- Good knowledge of private equity environment
is an added advantage.
Eligibility: The position is open to bilingual nationals of
any African country.
Terms of Offer: The African Guarantee Fund for Small and Medium-sized Enterprises (AGF) is an equal opportunity employer and offers a regionally competitive salary with an excellent benefits package.
Terms of Offer: The African Guarantee Fund for Small and Medium-sized Enterprises (AGF) is an equal opportunity employer and offers a regionally competitive salary with an excellent benefits package.
AGF prides itself on its collegial,
supportive and gender sensitive working environment and believes that staff
diversity promotes excellence. The position is on local employment terms. Women
candidates are strongly encouraged to apply.
Applications: Applicants should apply by email, sending a cover letter summarizing their relevance to this position, a full C.V. names and contact information of three referees knowledgeable about the candidate’s professional qualifications and work experience to:
recruitment@africanguaranteefund.com.
“Application for Business Development Officer - AGF” should be clearly marked on the subject line of the email message.
Applications will be considered until 5th December 2014 or until the position is filled.
Only short-listed applicants meeting the above requirements will be contacted.
Applications: Applicants should apply by email, sending a cover letter summarizing their relevance to this position, a full C.V. names and contact information of three referees knowledgeable about the candidate’s professional qualifications and work experience to:
recruitment@africanguaranteefund.com.
“Application for Business Development Officer - AGF” should be clearly marked on the subject line of the email message.
Applications will be considered until 5th December 2014 or until the position is filled.
Only short-listed applicants meeting the above requirements will be contacted.
We invite you to learn more about us
at: www.africanguaranteefund.com