2023-10-12

Finance Mobilisation Lead (Component 3) – Somalia/Kenya

Somalia/Kenya
Posted on October 12, 2023

Adam Smith International (ASI)

Finance Mobilisation Lead (Component 3) – Somalia/Kenya

Position: Finance Mobilisation Lead (Component 3)

Programme: Green Urban Growth (GUG) in Somalia

Location: Somalia and Nairobi, exact split to be determined

Start Date: April/May 2024 (tentative start date)

Contract: to be determined (likely fixed term, 50-100% FTE)

About GUG:

Somalia is one of the world’s poorest and most fragile states and one of the most challenging environments in which FCDO works. The GUG programme proposes to support Somali cities harness green urban growth opportunities that contribute to economic growth, poverty reduction, and stability, benefitting Somalia’s internally displaced (IDPs) and the urban poor. GUG will be delivered through three components: (1) Improved urban planning, land use control and decision making; (2) Pipeline of ‘bankable’ projects and facilitating investments in green urban infrastructure; and (3) Mobilising finance for investments. The anticipated overall value of the programme is £25 million for a period of seven years (2024-2031).

About the Role:

ASI are seeking a Finance Mobilisation (FM) Lead for the delivery of the GUG programme. The role of the FM Lead will be to effectively deliver Component 3 (Mobilising finance for investments) providing an accountable point of contact for the TL and FCDO. The FM Lead will be responsible for stakeholder engagement, ensuring transactions are executed for green urban infrastructure or ecosystems services (donor funding, DFIs, or domestic private sector). This will include leveraging opportunities for UK grant funds to de-risk or incentivise investments in project pipeline and designing, managing and overseeing project implementation.

The FM Lead will be sharing their time between Nairobi, Mogadishu and Hargeisa from which GUG will operate. Travel to other cities in Somalia is also expected based on programme needs. This is an exciting role, with a technically strong, enthusiastic and well-recognised team that will be working on many of the most interesting cities and infrastructure challenges in Somalia.

Job requirements

Key responsibilities of the Finance Mobilisation Lead:

The FM Lead will be responsible for:

Providing overall management and technical delivery of Component 3 (Mobilising finance for investments). This includes providing technical control with oversight of the delivery of programme outputs;
Working closely with the Team Leader & Programme Manager to ensure that effective and efficient systems are in place to plan, implement and monitor the programme;
Support the TL on the day-to-day relationship management with the FCDO Senior Responsible Owner/Programme Responsible Owner.

Skills and Qualifications

Key competencies / job requirements for the Finance Mobilisation Lead:

The following section outlines the minimum criteria for the candidate:

Masters equivalent with a minimum of 10-15+ years’ work experience in infrastructure finance;
Experience in mobilising climate/infrastructure finance within a large scale programmes; supporting strategy and delivery, work plan development, and managing diverse and international project teams;
Experience working in Somalia and/or similar FCAS contexts;
Comprehensive knowledge of climate finance, green infrastructure principles, resilient city planning, and urban sustainability, including demonstrated experience ability to incorporate environmental considerations into financial strategies and experience with innovative financing mechanisms such as public-private partnerships, and environmental impact bonds.
Ability to cultivate strong relationships with senior government and non-government stakeholders;
Politically aware and familiar with FCDO’s development, diplomatic and international trade priorities desirable;
Outstanding analytical and problem-solving abilities;
Excellent report writing, presentation, and communication skills (verbal and written);
Excellent “people” and team building skills.
Establish and maintain effective working relationships with Government stakeholders in UK responsible for Grant funds, Somalia (FGS, FMS, and city-level), development and humanitarian partners, the private sector, and other relevant stakeholders;
Ensure the effective dissemination of knowledge, lessons learned, in relation to climate/infrastructure finance across Somalia