Job Description

Title: Financial Institutions Manager

Company Name: Palladium International

Vacancy: --

Location: Dhaka

Minimum Salary: Negotiable

Published: 1 Oct 2024

Responsibilities & Context:
∎ Under the management of the Director of Financial institutions, identify innovative financial products/services, implement strategies to deliver financial products/services and expand growth of financing into Bangladesh’s agricultural sector
∎ Proactively seek opportunities to form and cultivate partnerships with local financial institutions and help structure smart incentives to increase financing to targeted geographies and demographics
∎ Coordinate technical programming to increase access to tailored financial products
∎ Form and cultivate partnerships with financial institutions and structure smart incentives to increase financing to targeted geographies and demographics
∎ Implement technical assistance efforts with finance providers (banks and non-bank intermediaries) to enhance their products and services
∎ Contribute to work planning and monitoring the budget tied to FI activities in collaboration with the Director of FIs and team
∎ Attend and substantively contribute to meetings with public and private sector actors including the Government of Bangladesh, non-governmental organizations, business associations, among others
∎ Supervise implementing partners, subcontractors, and grantees as they undertake tasks relating to expanding and supporting financial institutions
∎ Participating in and/or preparing Activity-related reports, presentations, and white papers
∎ Any other tasks required by the Director of FIs and Chief of Party (COP)
∎ Strong knowledge of the financial sector in Bangladesh, key stakeholders, and existing products and services
∎ At least five (5) years of work experience with a relevant organizations, preferably large MFIs
∎ Experienced in forming collaborative relationships with consortium partners, institutions, governmental and intergovernmental representatives, subcontractors, consultants, and grantees
∎ Established networks and working relationships within the Bangladeshi financial sector
∎ Proven track record working with finance providers to enhance their products and services
∎ High business acumen, understanding of business drivers and financing needs
∎ Excellent interpersonal skills, including the ability to manage high-level relationships
∎ Experience in gender equality and women’s empowerment preferred
∎ Experience with other USAID projects, especially in access to finance, preferred
∎ Written and verbal communication skills in English
∎ Manager, Financial Institutions
∎ About Palladium: Palladium is a global company working to design, develop and deliver positive impact on the lives and livelihoods of people around the globe; broaden access to health, water, power, and infrastructure; build enduring, sustainable, and transformative institutions and market systems to address global challenges; and conserve the natural world. We operate in over 90 countries and have a workforce of 4,000 talented, motivated, and diverse staff.
∎ Project Overview: The Feed the Future Bangladesh Inclusive Access to Finance Activity (IAF) is a $34 million, USAID-supported project that will unlock finance for small businesses and farmers, make agricultural supply chains more inclusive and sustainable, and improve inclusivity in the financial sector in Bangladesh. To accomplish this, IAF will engage strategic partners to deploy innovative solutions to address constraints in agriculture value chains and agriculture financing; deploy incentives and capacity building to financial institutions to expand appropriate and inclusive lending to or investment in agriculture; and engage the private sector to advocate for systemic improvements and scale social impact. From 2024 to 2029, The Bangladesh Inclusive Access to Finance Activity will unlock $448 million in finance, driving sustainable agricultural lending and promoting inclusive growth. By improving access to finance for farmers and MSMEs, and the policy environment in the financial sector, IAF with increase farmer revenue, create jobs, and contribute to Bangladesh’s economic growth in an inclusive and environmentally friendly manner.
∎ The Financial Institutions Manager will be responsible for implementing partnerships with Financial Institutions (including commercial banks, MFIs and non-banking financial institutions) to develop, deliver and scale innovative inclusive credit practices, approaches and products that increase access to finance in targeted areas and for marginalized groups.
∎ Role and Responsibilities:
∎ Under the management of the Director of Financial institutions, identify innovative financial products/services, implement strategies to deliver financial products/services and expand growth of financing into Bangladesh’s agricultural sector
∎ Proactively seek opportunities to form and cultivate partnerships with local financial institutions and help structure smart incentives to increase financing to targeted geographies and demographics
∎ Coordinate technical programming to increase access to tailored financial products
∎ Form and cultivate partnerships with financial institutions and structure smart incentives to increase financing to targeted geographies and demographics
∎ Implement technical assistance efforts with finance providers (banks and non-bank intermediaries) to enhance their products and services
∎ Contribute to work planning and monitoring the budget tied to FI activities in collaboration with the Director of FIs and team
∎ Attend and substantively contribute to meetings with public and private sector actors including the Government of Bangladesh, non-governmental organizations, business associations, among others
∎ Supervise implementing partners, subcontractors, and grantees as they undertake tasks relating to expanding and supporting financial institutions
∎ Participating in and/or preparing Activity-related reports, presentations, and white papers
∎ Any other tasks required by the Director of FIs and Chief of Party (COP)
∎ Minimum Qualifications:
∎ Strong knowledge of the financial sector in Bangladesh, key stakeholders, and existing products and services
∎ At least five (5) years of work experience with a relevant organizations, preferably large MFIs
∎ Experienced in forming collaborative relationships with consortium partners, institutions, governmental and intergovernmental representatives, subcontractors, consultants, and grantees
∎ Established networks and working relationships within the Bangladeshi financial sector
∎ Proven track record working with finance providers to enhance their products and services
∎ High business acumen, understanding of business drivers and financing needs
∎ Excellent interpersonal skills, including the ability to manage high-level relationships
∎ Experience in gender equality and women’s empowerment preferred
∎ Experience with other USAID projects, especially in access to finance, preferred
∎ Written and verbal communication skills in English
∎ Equity, Diversity & Inclusion - Palladium is committed to embedding equity, diversity, and inclusion into everything we do. We welcome applications from all sections of society and actively encourage diversity to drive innovation, creativity, success and good practice. We welcome and seek to ensure we achieve diversity in our workforce; and that all job applicants and employees receive equal and fair treatment regardless of their background or personal characteristics. These include: (but are not limited to) socio-economic background, age, race, gender identity and expression, religion, ethnicity, sexual orientation, disability, nationality, veteran, marital or Indigenous status.
∎ Should you require any adjustments or accommodations to be made due to a disability or you are a neurodivergent individual or for any other circumstance, please email our team at accessibility@thepalladiumgroup.com.
∎ Safeguarding - We define Safeguarding as “the preventative action taken by Palladium to protect our people, clients and the communities we work with from harm”. We are committed to ensuring that all children and adults who come into contact with Palladium are treated with respect and are free from abuse.  All successful candidates will be subject to an enhanced selection process including safeguarding-focused interviews and a rigorous due diligence process.

Employment Status: Full Time

Job Location: Dhaka

Read Before Apply:

Please apply on Palladium’s site at: https://palladium.csod.com/ux/ats/careersite/2/home/requisition/22193?c=palladium