Job Description

Title: Financial Institutions (FI) Officer

Company Name: Truvalu.enterprises Limited

Vacancy: --

Location: Dhaka

Salary: Negotiable

Experience:
∎ At least 2 years

Published: 8 Sep 2024

Education:
∎ Bachelor’s degree in any of the relevant fields.

Requirements:

Additional Requirements:
∎ Minimum 2 years of work experience in financial institutions i.e. banks and NBFIs, preferably in credit risk management, SME, sustainable finance, etc.
∎ Strong understanding of the Sustainable Finance Policies of Bangladesh Bank.
∎ Experience with Bangladesh Bank’s various refinance schemes for green projects.
∎ Strong knowledge of different SME and green financing products offered by financial institutions.
∎ Advanced understanding of climate change issues, green businesses, green audits, green banking, and environmental impact measurement.
∎ Excellent analytical, negotiating, problem-solving and decision-making skills.
∎ Strong network with relevant market actors and capacity to develop effective relationships with various stakeholders.
∎ Excellent time management skills, resourcefulness, with strong attention to detail.
∎ Excellent computer literacy in MS Office programs (specifically Word, Excel, PowerPoint, and Outlook) and Google Workplace.
∎ Minimum 2 years of work experience in financial institutions i.e. banks and NBFIs, preferably in credit risk management, SME, sustainable finance, etc.
∎ Strong understanding of the Sustainable Finance Policies of Bangladesh Bank.
∎ Experience with Bangladesh Bank’s various refinance schemes for green projects.
∎ Strong knowledge of different SME and green financing products offered by financial institutions.
∎ Advanced understanding of climate change issues, green businesses, green audits, green banking, and environmental impact measurement.
∎ Excellent analytical, negotiating, problem-solving and decision-making skills.
∎ Strong network with relevant market actors and capacity to develop effective relationships with various stakeholders.
∎ Excellent time management skills, resourcefulness, with strong attention to detail.
∎ Excellent computer literacy in MS Office programs (specifically Word, Excel, PowerPoint, and Outlook) and Google Workplace.

Responsibilities & Context:
∎ Work closely with financial institutions to streamline and facilitate the credit appraisal and disbursement process for green finance to SMEs.
∎ Guide the Business Development Services (BDS) team in preparing SMEs for getting green finance as per the requirements of FI partners.
∎ Assess the financial needs of SMEs and match them with appropriate financing options.
∎ Generate regular reports detailing the progress of green financing initiatives and their impact on SMEs.
∎ Advocate for the integration of sustainable and environmentally friendly practices in financial institutions' lending policies.
∎ Collaborate with banks, NBFIs, and other financial institutions to establish effective partnerships for green SME financing.
∎ Develop and maintain relationships with key stakeholders in the financial sector.
∎ Implement monitoring and evaluation mechanisms to assess the effectiveness of green financing programs.
∎ Analyse data to measure the impact of initiatives on SMEs and financial institutions.
∎ Stay updated on industry trends, regulations, and best practices related to green financing and SME development.
∎ Share relevant information with stakeholders to ensure compliance and innovation.
∎ Present findings and recommendations to senior management and relevant stakeholders.
∎ Assist in coordinating activities with program partners to leverage synergies and enhance overall impact.
∎ Contribute to facilitating regular meetings and communication channels to ensure alignment with program objectives.
∎ Support the representation of the program at relevant forums, conferences, and events to enhance visibility and collaboration opportunities.
∎ JOB CONTEXT
∎ Applications are invited from finance professionals willing to contribute as Financial Institutions (FI) Officer to the “Access to Green Financing for Enterprises” programme supported by the Embassy of Switzerland in Bangladesh and implemented by iMPACT Booster Holding B.V. in partnership with Truvalu and One to Watch.
∎ “Access to Green Financing for Enterprises” is a multi-year programme that aims to facilitate capacity development, technical assistance, and access to green financing for SMEs across all sectors in Bangladesh. The programme will actively engage with SMEs, financial institutions (FIs), investors, and policymakers to facilitate access to green financing for SMEs, aiding them in both adapting to and mitigating the risks associated with climate change. As part of the program, the focus will be on ensuring that financial institutions and investors are equipped to provide targeted green financing and pragmatic risk management for high-impact small and medium-sized enterprises (SMEs). This strategic initiative involves actively engaging with financial institutions (FIs) and investors to enhance their capacity to deliver specialised green financing solutions. By bolstering the capabilities of these key stakeholders, the program aims to strengthen the overall ecosystem for sustainable finance, ensuring that SMEs receive the necessary support to adapt to and mitigate the risks associated with climate change. The programme is expected to generate a positive impact by empowering marginalised communities and SMEs in Bangladesh, fostering climate resilience and developing low-carbon solutions.
∎ Truvalu is a Netherlands-based impact-investment company engaged in developing SMEs through equity investment, business development services (BDS), and other relevant advisory services. Truvalu employs a unique 'Co-entrepreneurship' model that strives to improve the economic viability of SMEs through capital, business development services, strategic coaching, access to finance, access to markets and networks, and access to knowledge and technology. Through a tailor-made set of business development services and investments, companies are grown to full business maturity to increase overall social impact.
∎ One to Watch is an investment management company based in Nepal, the Netherlands and Myanmar. One to Watch works with high-potential small and medium-sized companies in frontier markets, providing them with finance to realise their growth potential and enhance stakeholder value measured by the creation of local jobs, climate protection, and financial returns. It has a focus on climate change and renewable energy.
∎ JOB OBJECTIVES
∎ The Financial Institutions (FI) Officer will play a pivotal role in supporting the team with the implementation of interventions designed for the Financial Institutions.
∎ JOB RESPONSIBILITIES
∎ Work closely with financial institutions to streamline and facilitate the credit appraisal and disbursement process for green finance to SMEs.
∎ Guide the Business Development Services (BDS) team in preparing SMEs for getting green finance as per the requirements of FI partners.
∎ Assess the financial needs of SMEs and match them with appropriate financing options.
∎ Generate regular reports detailing the progress of green financing initiatives and their impact on SMEs.
∎ Advocate for the integration of sustainable and environmentally friendly practices in financial institutions' lending policies.
∎ Collaborate with banks, NBFIs, and other financial institutions to establish effective partnerships for green SME financing.
∎ Develop and maintain relationships with key stakeholders in the financial sector.
∎ Implement monitoring and evaluation mechanisms to assess the effectiveness of green financing programs.
∎ Analyse data to measure the impact of initiatives on SMEs and financial institutions.
∎ Stay updated on industry trends, regulations, and best practices related to green financing and SME development.
∎ Share relevant information with stakeholders to ensure compliance and innovation.
∎ Present findings and recommendations to senior management and relevant stakeholders.
∎ Assist in coordinating activities with program partners to leverage synergies and enhance overall impact.
∎ Contribute to facilitating regular meetings and communication channels to ensure alignment with program objectives.
∎ Support the representation of the program at relevant forums, conferences, and events to enhance visibility and collaboration opportunities.

Compensation & Other Benefits:
∎ Negotiable (competitive salary package based on competency and experience).

Employment Status: Full Time

Job Location: Dhaka

Read Before Apply:

Interested applicants are requested to email their updated CV along with a cover letter to ifthaker@truvalu-group.com specifying the job title i.e. "Application for the Position of Financial Institutions (FI) Officer" in the email subject line.

We thank all the applicants; however, only short-listed candidates will be contacted for assessments/interviews.