Job Title: Innovations Specialist
Organisation: FSD Uganda
(FSDU)
(FSDU)
Funding Source: The Department for International Development
(DFID)
(DFID)
Duty Station: Kampala, Uganda
Reports to: Innovative Financial Services Specialist
About US:
FSD
Uganda (FSDU) is an independent, not for Profit Company. We support innovation,
conduct research and help improve policy and regulation. Our objective is a
deeper, broader and more inclusive financial sector in Uganda. Our aim is to
improve the livelihoods of Uganda’s low-income households through a market-development
approach. The Department for International Development (DFID) is committed to
funding a financial services inclusion programme to provide access to
appropriate products for poor people and small and medium enterprises.
Uganda (FSDU) is an independent, not for Profit Company. We support innovation,
conduct research and help improve policy and regulation. Our objective is a
deeper, broader and more inclusive financial sector in Uganda. Our aim is to
improve the livelihoods of Uganda’s low-income households through a market-development
approach. The Department for International Development (DFID) is committed to
funding a financial services inclusion programme to provide access to
appropriate products for poor people and small and medium enterprises.
Job Summary: The Innovations Specialist will be esponsible for
supporting FSDU partners in developing, testing and scaling innovative
financial services that are affordable and accessible to low income Ugandans.
supporting FSDU partners in developing, testing and scaling innovative
financial services that are affordable and accessible to low income Ugandans.
Key Duties and Responsibilities:
1. Actively contribute to
the development and implementation of IFS strategy having clear objectives and
targets that will achieve FSDU’s vision
the development and implementation of IFS strategy having clear objectives and
targets that will achieve FSDU’s vision
- Carry out gap analysis to identify
opportunities that can be addressed by innovative financial solutions - Identify and agree (with Program Lead)
strategic actions and milestones to address gaps - Develop work plans to implement strategic
actions related to innovations - Attend conferences, meetings and subscribe to
innovation centers to keep abreast of relevant/ and or suitable
innovations that can be included in IFS strategy - Work closely with the Research Specialist to
commission and obtain research findings on innovations that can positively
impact FSDU’s clients
2. Develop an influencing
strategy that will enable partners to have effective / sustainable innovative
solutions
strategy that will enable partners to have effective / sustainable innovative
solutions
- Develop and contribute to partner stakeholder
analysis to identify stakeholder needs and how to match these with FSDU’s
requirements - Contribute to IFS strategy by generating
influencing strategies that will increase uptake of financial innovations
by partners - Develop work plans to implement influencing
strategies with partners - Work closely with key partners to influence
them to develop and take up financial innovations (effectively “selling
ideas”)
3. Support partners in
successful development and deployment of financial products that will meet
client (poor individuals and MSMEs) needs and ensure value for money for them
successful development and deployment of financial products that will meet
client (poor individuals and MSMEs) needs and ensure value for money for them
- Work closely with Partner Support Specialist
in reviewing business and implementation plans in order to ensure they are
viable, aligned with FSDU’s requirements and can meet client needs - Meet with Partners to identify their needs
and focus areas and successfully leverage synergies between Partners and
FSDU
4. Increase the capacity
of partners to effectively transform their innovative ideas into successful
financial products that will meet client (poor individuals and MSME’s) needs
& expectations.
of partners to effectively transform their innovative ideas into successful
financial products that will meet client (poor individuals and MSME’s) needs
& expectations.
- Share latest and best practice in
financial innovations with partners - Support networking efforts between
institutions, that will result in successful financial product development - Work in liaison with Financial Services
Providers to effectively engage with / take advantage of pro-poor policies - Identify and implement methods that will support
partners in development and implementation of customer product education
initiatives suitable for low income Ugandans
5. Support partners in
conducting successful field trails of financial products
conducting successful field trails of financial products
- Provide guidance to Partners on to how to
conduct pilots including how to identify objectives, how to structure the
pilot in order to achieve objectives - Work closely with Results Management
Specialist to identify measures for assessing performance of field trials - Keenly review performance with partners &
Results Management Specialist (and recommend changes where necessary) to
ensure successful rollout - Work closely with Partner Support Specialist
and with Partner to recommend readiness for next funds disbursement
6. Ensure financial
products are effectively scaled up to achieve strategic objectives
products are effectively scaled up to achieve strategic objectives
- Work with partners to develop and implement a
“go to market” strategy (how to do customer acquisitions, customer support
and customer education etc) - Incorporate “lessons learnt” in field trial
in scale up plan - Support the development of funding proposal
for scale up of financial product piloted (with FSDU supported) - Regularly review performance with partners and
Results Management Specialist (and recommend changes where necessary) to
ensure successful rollout
Qualifications, Skills and Experience:
- The applicant should preferably hold a Degree
in Business Administration or Marketing or Commerce - Possession of a Master’s degree in Economics
/MBA / Commerce (preferred) - Chartered Institute of Marketing
Certification ( added advantage) - A minimum of four years’ experience in a
similar role - Excellent track record of product development
especially for low income markets - Experience in taking technology driven financial
products to market - Previous experience in sales and marketing (added
advantage) - Experience in marketing products to low
income segments (added advantage)
How to Apply:
All
suitably qualified and interested candidates who wish to join the DFID project
are encouraged to apply online by clicking on the link below.
suitably qualified and interested candidates who wish to join the DFID project
are encouraged to apply online by clicking on the link below.
Deadline: 17th April
2016 by 5:00PM
2016 by 5:00PM
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or find us on our facebook page https://www.facebook.com/UgandanJobline