Location: Kigali
Deadline for submitting the application: 11/02/2024
Start date: 01/04/2024
Contract type: Limited
Contract term (months): 60,00
1. Background
The “Support to the development of the Kigali International Finance Center (KIFC)” project – RWA/024 will contribute to Rwanda’s ambition to increase domestic savings and establish and position the country as an international financial service center in order to attract the necessary domestic and international investments to achieve its long-term development goals as outlined in its Vision 2050. The first ambition of particular relevance to the RWA/024 project is to reach high-quality living standards for all Rwandans, ensuring universal access to amenities, safety and security and investments in human capital. The second ambition is for Rwanda to be a carbon-neutral and climate resilient economy by the middle of the century.
The ambitions of the project perfectly align with Luxembourg’s general Development Cooperation strategy “Road to 2030” as well as with Luxembourg’s Inclusive and Innovative Finance Strategy which considers that working on inclusive and innovative finance will contribute to the eradication of all forms of poverty by:
- Promoting inclusive and sustainable growth;
- Enhancing the socio-economic integration of women and youth by assisting and financing predominantly youth- and women-led MSMEs;
- Improving access to quality basic social services, especially the access to financial services;
- Strengthening inclusive governance by working on adequate regulation for the financial sector.
The project will run from 2024 to 2028, with a budget of 9 000 000 EUR, and will focus on the development of Kigali as an international financial center in Africa.
2. OBJECTIVES
The CTA represents LuxDev in the implementation structure of the project.
The CTA will promote LuxDev’s values in the field. He/She passes LuxDev’s main mission, namely capacity building. He/She participates in the implementation of the Agency’s vision.
In this view he/she ensures that all processes defined by the Agency are implemented in accordance with the Agency’s Quality Manual.
The CTA receives delegation of signature authority on the project bank account opened in the implementation country. The CTA is the representative of the donor (first-level authority) for the execution of financial commitments of the Luxembourg Government’s contribution to this project.
3. RESPONSIBILITIES
Implementation of the activities:
- Ensure project launch;
- Prepare, follow up and conclude Operational Partnership Agreements (OPA);
- Plan the tasks and activities;
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- design all or part of the multi-year action plan,
- present the action plan to the steering committee and get it validated,
- prepare and update the plan, taking into account the partner’s priorities, wholly or partly (only including the tasks and activities under the expert’s responsibility according to their ToR) on a yearly or multi-yearly basis and get Country Office (ROF) validation.
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- Organise and participate to steering committees (role of secretary), organise progress monitoring meetings and meetings with the technical and financial partners.
- Implement specific technical activities;
- Ensure project wrap-up.
Administrative management of the project :
- Office (equipment, vehicles, rent…);
- Human resources (job descriptions for staff recruitment, annual appraisal of local staff…);
- Procurement (draft tenders according to LuxDev procedures, manage contracts…)
- Audit follow up.
Financial management of the project:
- Draft the budget and financial planning;
- Expenditure follow-up.
Monitoring and reporting results
- Update and follow-up the Objectively Verifiable Indicators (OVI).
Managing information
- Reporting;
- Knowledge Management;
- Ensure capitalisation;
- Manage communication.
Representing LuxDev within the parameters defined in the agreements between LuxDev, the partner and the Embassy, as well as any relevant clause in the TFD and work in close collaboration with other execution agencies.
Developing capacity at individual, organisational and institutional levels.
4. PROFILE
- master’s degree in finance, economics or related subject ;
- at least 15 years of experience in, or working with, one of the main international centres, with a focus on sustainable finance and fintech ;
- proven and well recognized experience in assisting the development of financial centres in developing or emerging countries;
- excellent spoken and written English and French skills;
- sound knowledge of the Luxembourgish and Rwandan financial ecosystem is a strong advantage;
- mandatory experience in managing teams.
N.B. suspensive clause: this recruitment is launched before the signature of the Memorandum of Understanding of the Project. No contract can be concluded without the signature of this agreement.
More info can be found here
