Project Officer (FINANCIAL LITERACY)

Job Description

Title: Project Officer (FINANCIAL LITERACY)

Company Name: PROTTYASHI

Vacancy: 1

Age: At least 25 years

Job Location: Feni

Salary: --

Experience:

• At least 3 years
• The applicants should have experience in the following business area(s): NGO, Development Agency, Micro-Credit

• Bachelor/Honors
• Masters

• Bachelor/Master's degree in business studies from any reputed university.

• At least 3 years
• The applicants should have experience in the following business area(s): NGO, Development Agency, Micro-Credit

• Age At least 25 years
• Only Female

Experience

• At least 03 years of professional experience in national or international organizations in the relevant job responsibilities.

Technical Skills

• Must have professional writing and speaking capacity in English and Bangla, i.e. field visit report, event report, case study/story, content writing, etc.

• Proficient with MS office suite

• Able to take decision in a timely manner, priorities and multi-task work seamlessly

Job Summary

PROTTYASHI, a social development organization has been working for the development of disadvantaged population of the country since its establishment with an aim to ensure everyone to live with dignity and prosperity. PROTTYASHI reaches the community with basic needs and supports to save lives and facilitate all the people of the community to live with equal value and priority. PROTTYASHI works for the disadvantaged portion of the population in community addressing their pressing needs following the strategies contextually viable and environmentally sustainable.

Remittance is one of the key driving forces of Bangladesh economy largely contributing to the socioeconomic development of Bangladesh since the independence of the country. Bangladesh received an amount of 23.91 billion USD as remittance in Fiscal Year 2023-2024 (Bangladesh Economic Review 2024). According to the World Bank, without remittances, 48 percent of Bangladeshi households with at least one migrant would be poor, increasing Bangladesh's poverty rate by 5 percent. However, the utilisation of remittances remains a challenge. Two-thirds of the remittance-receiving households do not have any savings and more than half do not have investments due to lack of access to information about the proper utilisation of remittances. This makes them more vulnerable to economic shocks that can potentially push them back into poverty. On the other hand, financial institutions are mostly unaware of this potential clientele and there is a general lack of coordination among various service providers and duty-bearers.

To strengthen remittance management in Bangladesh improving digital financial literacy of the returnee migrants and the family members of the migrants in Bangladesh, PROTTYASHI is going to implement “Fostering Digital Financial Inclusion and Entrepreneurship Development for Migrants and Their Families” project in Chattogram and Feni District in partnership with UNCDF. PROTTYASHI invites applications for the vacant position titled- Project Officer (Financial Literacy) for the Project and encourages the persons enthusiastic to contribute to the strengthened remittance management in Bangladesh.

Reporting

Project Officer (Financial Literacy) will report to Project Manager. She has to maintain functional relationship with her peers, project teams and organization’s other priority teams. She must be able to communicate with other teams and units both program and operational of the organization.

Contract Duration: Initially till 31st July 2027 with the potentiality of extension.

Key Responsibilities

• Organize and conduct Financial Literacy and resource utilization training for the left behind family member of the migrant workers and guide families of the migrant workers to better manage the remittances and encourage them to invest in productive initiatives.

• Provide regular supports to the participants through digital platforms, hotlines, and in-person visits to encourage them on productive utilization of remittances they receive.

• Conduct trade-based entrepreneurship development training programs tailored to the identified needs, focusing on business management, financial planning, and market analysis.

• Maintain coordination and organize linkage building meeting with MFIs, Banks, financial service providers, retailers, distributors to avail financial services for the project targeted beneficiaries and sensitize service provider for providing feasible services.

• Select and organize aspirant migrant workers and migrant family members for the referral to skill development training.

• Profiling the public and private skill training providers and establish MOUs with them to send beneficiaries for skill training

• Provide business development finance support to women returnee migrants in the project locations and guide them in successfully accomplishment of their business development process.

• Provide market linkages for the business enterprises along with follow up support to make their business sustainable.

• Following up the IGA established by project beneficiaries through regular field visit, sort out potential challenges and suggest the entrepreneurs to take preventive measures.

• Maintain communication and coordination with business entities in the project locations to find out potential business opportunities for the project beneficiaries.

• Develop business and marketing plans for the entrepreneurs in coordination with project manager to ensure positive outcomes.

• Prepare reports, case studies and other documents to sort out the achievement of the project.

• Work with project manager and other filed staffs to ensure the collection of relevant and appropriate data needed in monitoring strengths, weaknesses and gaps in project implementation and for reporting on donor commitments.

• Share learning and provide constructive comments to colleagues in order to ensure programme quality.

• Assist the project team in following the project Work Plan and keep it updated in accordance with project activities and timeframes as relevant.

• Collect data on a regular basis to measure achievement against the performance indicators.

Organizational values and norms towards Safeguarding and PSEA

PROTTYASHI is committed to preventing any type of unwanted behaviour at work including sexual harassment, exploitation and abuse, lack of integrity and financial misconduct and expects staff to promote the welfare of children, young people and adults at all times. PROTTYASHI expects all staff and volunteers to share this commitment through our Code of Conduct. We place a high priority on ensuring that only those who share and demonstrate this commitment are recruited to work with us.

Salary and benefits:

• Monthly Gross Salary will be 35,763 BDT with contributory provident fund 1,737BDT, monthly bonus 2500 BDT and regular traveling and communication bill.