Financial Policy Advisor Job Vacancy at East African Community

Job Title:
REGIONAL FINANCIAL POLICY ADVISOR- SECTORAL ANALYSIS
(1 POST) – (REF: EAC/HR/2012/42)
Directorate: Planning
Reports to: Project Manager
Duration of Contract: 2 years Fixed Term (Non-Established)
Station: East African Community (EAC) Headquarters,
Arusha, Tanzania


MAIN PURPOSE OF THE POST
To facilitate efficient and effective implementation of the EAC- Financial Sector Development and
Regionalization Project, by improving the performance of East Africa’s financial markets.
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SCOPE OF WORK
The key responsibilities of the Regional Financial Policy Advisor will include:
1. Provide guidance and advice on the operations of the financial sector in the Partner States;
2. Provide substantive technical input into policies and strategy facilitating the operations of the
financial market with a view to establishing a single market in financial services among EAC
Partner States;
3. Play a leading role in the adoption of the international best practices by Partner States;
4. Facilitate the improvement of standards with a view to creating an efficient surveillance of
securities transactions across borders of the Partner States;
5. Develop programs for capacity building with a view to ensure integration of EAC Financial
Markets;
6. Facilitate the implementation of Council and Summit decisions/ directives related to the sector;
7. Facilitate sharing of data and other relevant information with a view to ensuring transparency in
the sector;
8. Develop a comprehensive financial surveillance database, monitoring and evaluation system;
9. Facilitate the creation of a platform for comprehensive exchange of experiences and sharing the
regional capacities among EAC Partner States;
10. Provide technical backstopping to Partner States at various stages of creating an efficient
financial market;
11. Identify challenges in the harmonization process and suggest policy options;
12. Provide leadership on policy dialogue with EAC Governments and stakeholders and providing
guidance to management on technical issues;
13. Cultivate strategic relationships with stakeholders and line up specialists, as needed, to follow
up;
14. Ensuring alignment of policy development activities with the World Bank guidelines;
15. Manage tasks related to strategic initiatives;
16. Lead and coordinate the team responsible for sectoral analysis;
17. Take responsibility for overall quality of deliverables and follow-up to ensure on-time delivery
with regard to staff under his/her supervision;
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18. Upstream review of technical/study reports/ project documents and provide comments as
required;
19. Present monthly reports on the FSDRP I progress in a format and level of detail agreed with
EAC Secretariat and stakeholders;
20. Assist the EAC Secretariat in preparing quarterly project progress reports, a project completion
report, and monitoring and evaluating operational and strategic reports;
21. Foster a team environment, mentor staff and ensure that capacity building is well integrated into
all project activities;
22. Undertake other duties as may be requested by the EAC Secretariat.


DELIVERABLES
The Regional Financial Policy Advisor will deliver the following:-
i. Harmonized standards and policies on operations of an efficient financial market in place
and adopted by the Partner States;
ii. Enhanced Capacity of the national experts and other relevant stakeholders in the integrated
financial market;
iii. A comprehensive strategy on policy options for the improvement of the performance of the
financial markets;
iv. Progress reports on the development of an efficient market.


QUALIFICATIONS AND EXPERIENCE:
Applicants should have a master’s degree in Finance Economics or any relevant areas, with bias in
Finance, from a recognised University/ institution. Holders of PhD in the relevant areas will have
an added advantage.
At least eight (8) years demonstrated working experience in operations of financial markets at
national, regional or international organizations level with a master’s degrees or three (3) years with
a PhD

COMPETENCIES AND SKILLS:
Ability to develop practical and innovative approaches to difficult policy institutional and
operational issues. Practical knowledge in policy formulation for operations of financial markets
and ability to engage in a broad range of financial policy issues,- including financial sector policy
and regulation, banking, capital markets, insurance, access to finance, rural finance, banking
governance, and the financial aspects of PPP. Knowledge of the East African Community
integration processes. Effective communication, presentation, analytical and writing skills.
Leadership, team building and people management skills. Fluent in both written and spoken
English. Working experience in a multi-cultural and multinational environment is an added
advantage.
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TERMS AND CONDITIONS OF SERVICE:
This post is a non-established EAC-FSDRP project position, supported by donor funds.
Contract terms are limited to the period of the project (i.e. March 2014). Renewal is possible
subject to extension of the funding and individual staff’s performance. Attractive
consolidated remuneration packages for fixed contract positions will be paid in accordance
with the EAC-FSDRP budget.



HOW TO APPLY:
Suitably qualified candidates should submit their applications quoting the reference number of the
position applied for, by registered mail, courier service, e-mail (all soft copies should be in MS
Word) or dispatch together with Curriculum Vitae, copies of both academic and professional
certificates and testimonials, names and addresses of three referees, and day time telephone/cell
phone contact details to:
The Secretary General
East African Community
Arusha International Conference Centre
5th Floor, Kilimanjaro Wing
P.O. Box 1096
Arusha - Tanzania.
Fax No: 007 27 2502455/2504481
E-mail: vacancies@eachq.org
To be received not later than October 15th 2012


Deadline: 15th Oct 2012