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Access to Finance Specialist – Nigeria Rural Resilience at The International Fertilizer Development Center

Access to Finance Specialist – Nigeria Rural Resilience

Job Description

The International Fertilizer Development Center (IFDC) is currently seeking a qualified candidate for the position of Access to Finance Specialist for the anticipated USAID/Nigeria Rural Resilience Project in northern Nigeria. Recruitment is contingent upon successful award of the project and the selection of final applicant is subject to USAID approval.

Key Responsibilities:

Work with commercial banks, Savings and Credit Cooperatives (SACCOs), and Village/Community Savings and Loan Associations (VSLAs) and provide technical support and guidance to these institutions as well as smallholders owned Cooperatives, agribusinesses operators and other value chain actors

Identify and document financial constraints in agribusiness clusters and value chain and develop strategies to address them

  • Building on the capacity gap(s) identified for SACCOs and VSLAs, lead the implementation of capacity building support designed to improve their lending and savings products to the agricultural sector; improve financial & risk management capacity
  • Pilot solutions and innovations practices for agro-inputs and small equipment financing, agricultural production risk management, supply chain financing, Income generating activities financing, chain upgrading financing for small and medium enterprises (SMEs)
  • Develop and deliver trainings programs and technical assistance to financial institutions as well as clusters and chain actors
  • Support the identification, appointment, and training of community-based trainers (CBTs) and/or village agents to guide formation of VSLA and SACCO groups and offer technical assistance to ensure sustainability.

Any other tasks that may be assigned

Required Skills

  • Master’s degree in finance, economics, business administration or other related field
  • Up-to-date knowledge of the agricultural finance environment in West Africa
  • Resourceful, innovative and ready to test new approaches
  • Result-orientation and ability to take initiatives under minimal supervision and reach targets
  • Ability to strictly meet deadlines
  • Team player, at ease in a multi-cultural and multi-disciplinary environment
  • Professional fluency in English
  • Competency in the use of computers and MS Office software, including Word, Powerpoint, and Excel

Required Experience

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