IESC seeks an SME Banking Specialist for an anticipated five year, $20 million investment and private sector development project for Kenya. The anticipated project, the Kenya Investment Mechanism (KIM), is expected to promote private sector growth for development gains. The effort will identify mostly small businesses (larger when applicable) and entrepreneurs, and mobilize all forms of capital with technical assistance and transaction advisory services to seed enterprise growth at scale for the agriculture and energy sectors. The role will be based in Nairobi.
- Acts as the primary relationship manager with banks, investors, microfinance institutions (MFIs) interested and involved in SME finance.
- Advises commercial banks in the product development process for adapting existing and creating new products focusing on SME finance, particularly in the agriculture and clean energy sectors.
- Assists Kenya financial institutions with guarantee mechanisms on the proper use and compliance of these guarantees.
- Assists Kenyan financial institutions (mainly MFIs, SACCOs and Tier III banks) to access additional capital investment to support SME loan portfolio expansions.
- At least 7 years of loan or investment origination experience with a commercial bank or other financial institution, including hands-on project administration and experience utilizing loan guarantees, analyzing credit risks, syndicating financial transactions, and structuring and processing loans and equity investments for projects, corporate and financial institutions.
- Bachelor’s degree in business administration, finance, or relevant field; CFA/ Professional Designation a plus.
- Experience working with at least one of the targeted sectors/market segments (agriculture or clean energy).
- Fully fluent English.
- Must be legally able to live and work in Kenya.