UA 57,817.17/ USD 91,223.93

ROLE OVERVIEW

Reporting to the PPO, Investment Promotions and Payment Settlement Systems, the Payment Systems Program Officer will support the formulation and implementation of programs and action plans to facilitate the emergence of an integrated financial markets in the region.

ROLE AND RESPONSIBILITIES

·       Develop short, medium, and long-term work programs and action plans to facilitate the integration and development of financial markets in the region.

·       Facilitate networking among financial sector participants in the region and develop linkages to the global financial market to increase investment.

·       Facilitate interconnectivity of financial markets infrastructure in member-states to engender free flow of capital across borders.

·       Support implementation of short, medium, and long-term work programs and action plans for regional investment facilitation through enhancement of financial intermediation in the region.

·       Facilitate the harmonization of listing requirements on the stock exchanges in the region.

·       Collaborate with associations and institutions in the regional and international financial sector to facilitate the adoption of best practices on the stock exchanges and financial markets in the region.

·       Collaborate with financial markets stakeholders to promote cross listings and the establishment of a regional stock exchange with diversified linkages in members states.

·       Promote activities that will increase the use of diverse financial market instruments and institutions in raising capital for business in the region.

·       Collaborate with stakeholders the insurance industry to promote a regional risk mitigation and management framework and instruments for cross border business risks management the region.

·       Collaborate and organize meetings with experts and donors as necessary to promote the Regional financial markets.

·       Perform other related duties as may be assigned by the PPO Investment Promotion and Financial Markets Development.

ACADEMIC QUALIFICATIONS AND EXPERIENCE

·       Bachelor’s degree (or equivalent) in Business Administration/ Management, Economics, Finance, Banking or in a closely related field from a recognized university.

·       A professional qualification in Finance, Banking and allied professions will be an added advantage.

·       5 years of professional experience in industry, private sector or in an international organization in industry and private sector promotion, with at least 3 years’ experience at supervisory level.

·       Understanding of the functioning and operation of financial markets and respective financial markets infrastructure.

·       Understanding of best practice financial markets and financial markets infrastructure governance and regulatory frameworks in a regional environment.

·       Knowledge of institutional capacity building initiatives and experience in program planning, implementation, monitoring, and evaluation.

·       Experience in establishing linkages to improve access to finance, employment, and business advisory services in a regional environment.

·       Understanding of the development sector.

·       Technical capacity to lead formulation and implementation of comprehensive policy framework for financial markets governance in a regional environment.

AGE LIMIT

Be below 50 years old. This provision does not apply to internal candidates.

ECOWAS KEY COMPETENCIES

·       Ability to persuade/influence others to consider a certain point of view, adopt a new idea or implement new methods and practices.

·       Ability to lead a team of trainees/junior staff and instil a spirit of teamwork to engage employees and achieve a well-defined set of activities.

·       Ability to respect chain of command in an appropriate manner.

·       Ability to resolve challenges that occur with minimal direction and/or to recommend and explain solutions or alternatives for approval.

·       Ability to utilize the Code of Ethics to manage self, others, information, and resources.

·       Ability to mentor others and create feedback loops with supervisors, colleagues, and the subordinates to build strong working relationships and improve performance.

·       Contribute to maintaining organizational unit’s performance goals and standards.

·       Interpersonal skills with ability to keep a client informed of progress or setbacks in projects of relevance to timeline, quality, and quantity.

·       Ability to proactively interact with clients and build strong trusting relationships based on mutual respect and regular discussions.

·       Ability to establish and sustain professional credibility with clients/stakeholders in a manner that anticipates their need, mitigates issues and that carefully balances professional obligations with the need to be sensitive and responsive to their needs.

·       Ability to counsel, advise, consult, and guide others on matters pertaining to assigned client service responsibilities and established client service standards.

·       Demonstrate respect for cultural differences, fairness, and ability to relate well with people from varied backgrounds, nationality, gender, ethnicity, race and religion.

·       Understanding of diverse cultural views especially within West Africa, with sensitivity to group differences; ability to challenge bias and to practice tolerance and empathy.

·       Ability to listen actively, consider people’s concerns and apply judgement, tact, and diplomacy.

·       Ability to work in a diverse and inclusive interactive environment that benefits from diverse strengths.

·       Ability and responsibility for incorporating gender perspectives and ensuring the equal participation of women and men in all areas of work.

·       Ability to encourage, empower, and advocate for people in an unbiased and transparent manner.

·       Knowledge of ECOWAS institutions, sectors, programmes, and policies.

·       Knowledge of ECOWAS internal operational requirements of programs, projects, services, and systems required to achieve work assignments and meet performance goals.

·       Knowledge of rules and procedures of ECOWAS associated assigned responsibilities and ability to explain these clearly to others.

·       Knowledge of the ECOWAS culture, structures and performance issues and priorities impacting assigned responsibilities.

·       Knowledge of member states development trends, indicators, challenges, and opportunities as it relates to project/program assigned to own position.

·       Ability to study data/information from a variety of sources, identify anomalies, trends and issues, present findings, and make recommendations.

·       Ability to break down problems or processes into key parts to identify and solve gaps in service, quality assurance, compliance, and performance targets.

·       Knowledge of and ability to apply techniques to generate creative ideas and new approaches to meeting goals.

·       Ability to use evidence and research to inform policies and programs and identify relevant and appropriate sources of information, including stakeholders, regional institutions and/or internal committees.

·       Demonstrate operational computer proficiency using appropriate tools.

·       Ability to make sound use of graphics and tables to effectively present numerical data to write semi-complex technical reports/proposals and edit/check templates, letters, etc.

·       Ability to convey information clearly and concisely in a succinct and organized manner through both writing and verbal means.

·       Exhibit interpersonal skills, make presentations, express opinions, and debate ideas with others in a constructive manner.

·       Proficiency in information communication technologies (ICT).

·       Fluency in oral and written expressions in one of the ECOWAS official languages of the Community (English, French & Portuguese). Knowledge of an additional one will be an added advantage.

·       Ability to develop, implement an individual action plan for achieving specific work goals.

·       Identify, organize, and monitor tasks throughout to facilitate execution.

·       Ability to contribute and/or lead on projects as per accepted project management standards and techniques, to co-ordinate contributions by others to set and meet deadlines.

·       Ability to organize work, set priorities, and work within timelines, giving attention to details, stakeholders, indicators, and risks.

·       Ability to identify, collect and assess indicators to monitor performance and to take proactive remedial action as required.