Component Lead – Innovative Financial Products 125 views

Component Lead – Innovative Financial Products

Company Overview:

About Palladium – Palladium is a global leader in the design, development and delivery of Positive Impact – the intentional creation of enduring social and economic value.  We work with governments, businesses, and investors to solve the world’s most pressing challenges. With a team of more than 3,000 employees operating in 90 plus countries and a global network of over 35,000 experts, we help improve economies, societies and, most importantly, people’s lives. 

Diversity, Equity & Inclusion – We welcome applications from all sections of society and actively encourage diversity to drive innovation, creativity, success and good practice. We positively 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, 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 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.

Project Overview and Role:

The position will be on the upcoming Georgia Financial Innovation Program (FIP), a 5-Year USAID-funded activity with the potential following components: (a) support for the development of financial market infrastructure and intermediary institutions; (b) support for the development of diversified financial products and services; (c) support to stimulate the local market for private equity, quasi-equity, and blended finance instruments; (d) support to improve the capacity of businesses to access fit-for-purpose financing; and (e) incorporation of innovative financial technology (FinTech) into the local financial markets ecosystem.

The Component Lead – Innovative Financial Products will support?achievement of project component 2?of?the?USAID-funded Georgia Financial Innovation Program.?S/he will report directly to the Deputy Chief of Party.

Location: Tbilisi, Georgia 

 Primary Duties and Responsibilities: 

The Component Lead – Innovative Financial Products will be responsible for the following:  
– Define Georgia FIP’s strategy to deliver innovative, alternative financial products/services to the private sector 
– Provide technical leadership to increase access to tailored financial products and stimulate the local market for private equity and blended finance instruments. This may include overseeing the provision of technical assistance to financial services providers (banks and non-bank intermediaries) to enhance their products and services, and private equity funds to help them mobilize capital from local and international financial institutions and investors 
– Represent Georgia FIP in meetings with public and private sector actors including GOG, non-governmental organizations, business associations, among others 
– Supervise implementing partners, sub-contractors, and grantees as they undertake tasks relating to component 2 
– Lead work planning and monitor the budget tied to component 2 
– Traveling around to various regions of Georgia (and potentially outside) as needed 
– Any and all other project-related tasks as required by the Project Director in Palladium HQ 

Required Qualifications:

– Advanced knowledge of the financial sector in Georgia, including key stakeholders and existing products and services 
– Robust networks within the Georgian financial sector 
– Proven track record working with various financial institutions and private equity funds to enhance their products and services, and to increase enterprises’ private equity funds’ access to capital from local and international institutions and investors 
– Experience?working?on?USAID or other donor-funded programs of a similar size? 
– Excellent communications, organizational, and?interpersonal skills? 
– Written and oral proficiency in?English and Georgian required? 
– Knowledge of USAID policies, procedures, and reporting requirements?preferred? 
– Experience working for large donor organizations such as USAID preferred?