MEFMI Banking Jobs – Director, Financial Sector Management Programme

Organisation: The
Macroeconomic and Financial Institute of Eastern and Southern Africa (MEFMI)
Job Ref: 160913DFSMP
Duty Station: Harare,
About MEFMI:
The Macroeconomic and Financial
Management Institute of Eastern and Southern Africa
(MEFMI) is a regionally owned
institute with 13 member countries: Angola, Botswana,
Kenya, Lesotho, Malawi,
Mozambique, Namibia, Rwanda, Swaziland, Tanzania, Uganda, Zambia and
Zimbabwe.  Established in 1997 under an
expanded mandate, MEFMI was
founded with the view to
building sustainable capacity in identified key areas in
ministries of finance, planning
commissions and central banks, or equivalent institutions.  MEFMI strives to improve sustainable human
and institutional capacity in the critical areas of macroeconomic and financial
management; foster best practices in related institutions; and bring emerging
risks and opportunities to the fore among executive level officials.   MEFMI seeks to achieve, within its member
states, prudent macroeconomic management, competent and efficient management of
public finances, sound, efficient and stable financial sectors and stable
economies with strong and sustained growth. 
The long term objective is to contribute to the poverty reduction among
people in MEFMI’s operational zone of Eastern and Southern Africa. 
Job Summary: The
incumbent will report to the Executive Director and will work in close
consultation with senior officials of Central Banks, Ministries of Finance and
Economic Planning and other relevant departments in MEFMI member states. The
job also requires strong networking with key technical cooperating partners.
He/she will be responsible for managing and supervising all aspects of the
Financial Sector Management Programme and contributing to the enhancement of
capacity building initiatives in the financial sector in MEFMI member states.
Key Duties and Responsibilities:
  • Offer
    strategic direction to capacity building activities in the Financial
    Sector Management Programme;
  • Conduct
    implementation missions for client institutions and provide advisory service
    to member states on capacity building for the financial sector;
  • Identify
    technical and financial resources for undertaking capacity building
    activities; Administer the preparation and implementation of the
    Programme’s annual work plan and budget;
  • Ability
    to help clients develop frameworks, guidelines, operational manuals and
    the associated institutional arrangements;
  • Conduct
    needs assessment surveys; Plan, design and conduct regional and in country
    capacity building activities;
  • Manage
    the selection and training of Fellows under the Fellows Development
  • Backstop
    consultancies and carry out quality assurance of resource persons’ outputs
    and the selection of participants for the capacity building events;
  • Network
    with technical cooperating partners, experts and relevant organizations on
    financial sector management issues;
  • Undertake
    other managerial responsibilities which include corporate strategic
    planning, membership of the management team, recruitment, training.
    supervision and management of programme staff.
Qualifications, Skills and Experience:
  • The
    applicant must possess at least a Masters degree in Economics, Finance,
    Banking or related areas from a recognized university. A PhD or
    professional qualification such as Chartered Financial Analyst (CFA),
    Certified Financial Consultant (CFC), etc. in a related area will be an
    added advantage.
  • At
    least ten (10) years hands-on experience as Director/Head of Department or
    an equivalent position in at least two of the following areas: financial market
    operations, foreign exchange and reserves management, payment, clearing
    and settlement systems, and/or supervision and regulation of banks and
    non-bank financial institutions;
  • Five
    or more years relevant professional experience in teaching, consulting and
    capacity development in any of the above areas;
  • Practical
    experience in global fixed income investment with familiarity in strategic
    asset allocation and portfolio management of FX reserves;
  • Financial
    markets analysis and research to identify investment opportunities and
    suitable instruments;
  • Good
    understanding of domestic market operations, including issuance and
    management of government debt securities, and ability to advise
    governments on issuing strategies to facilitate development of the local
  • Stay
    updated with latest financial sector regulatory and supervisory
    developments or principles such as risk based supervision, consolidated
    supervision, Basel I, Basel II and Basel III;
  • Familiarity
    with developments in the financial markets infrastructure – FM’s (payment
    systems), particularly oversight of both large value and retail payment
  • Hands-on
    experience in open market operations (MAO);
  • Proficiency
    in regional Financial Sector Management Ref Programs;
  • Experience
    in an international or regional organization will an added advantage;
  • Proven
    ability to manage and work with a multi-disciplinary in a multi-culture
How to Apply:
All suitably qualified
candidates should send their applications with written applications, clearly
stating the position applied for, accompanied by a detailed CV with names and
addresses (including telephone, fax and e-mail) of three referees to be
received by 9
September 2013. 
MEFMI is an equal opportunity
employer and female candidates are strongly encouraged to apply. 
Applications for positions 2 –
5 should be sent to:
The Executive Director,
9 Earls Road
Alexandra Park
P O Box A1419
Or via Email: stating the position applied for and the reference e.g.
Only shortlisted candidates
will be contacted.
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