Digital and Financial Literacy Training Manager
Project Overview
The Millennium Challenge Corporation (MCC) is a U.S. government corporation established in 2004. Its mission is to provide assistance that will support inclusive and sustainable economic growth and poverty reduction in carefully selected developing countries that demonstrate a commitment to just and democratic governance, economic freedom, and investments in their citizenry.
In December 2018, MCC’s Board of Directors selected Indonesia as eligible to develop a second compact. The compact agreement will be valid for a period of five years. MCC’s work with Indonesia on the second compact is currently in the pre-implementation preparation stage, prior to “Entry-Into-Force” (EIF) of the compact agreement at which time the five-year implementation period begins. The Government of Indonesia is in the process of establishing an implementation entity, called the Millennium Challenge Account – Indonesia II (MCA-Indonesia II or “MCA”), to act as a designee in supervising and managing the implementation of the five-year MCC Compact Program in Indonesia.
The MCC Indonesia Compact is designed to improve the country’s transport and logistics infrastructure, developing high-quality, climate-conscious transportation infrastructure in five provinces while increasing access to finance for micro-, small, and medium-sized enterprises (MSMEs).
To support the MCA-Indonesia II and the implementation of the Indonesia Infrastructure and Finance Compact, the MCA-Indonesia II seeks motivated and qualified Indonesian candidate for the position of the Digital and Financial Literacy Training Manager.
Position Objective
The Digital and Financial Literacy Training Manager collaborates closely with the Capacity Building Lead to ensure the effective implementation of the digital and financial capacity building activities for MSME Finance and Ensure the implementation entity and consultants to work according project charter and/or term of reference including budget and timeline to achieve desirable outputs and outcomes and achieve target program to generate 28,000 new loans in five years, with a long term goal of helping MSMEs to use digital tools to effectively enter and serve the market while digitizing information on their businesses for communication with potential investors or financiers.
Tasks and Responsibilities
- Work under the guidance of the Capacity Building Lead to ensure successful implementation of the Digital and financial literacy Capacity Building activities consistent with the objectives, budget, investment criteria, and other requirements stipulated in the Compact and project charter.
- Work under the guidance of the Capacity Building Lead to prepare quarterly budgets, Terms of Reference (TOR), procurement documents, and reimbursement documents in accordance with MCC and MCA policies and procedures.
- Work under the guidance of the capacity building lead to develop digital and financial training program strategy and business model using Market System Development approach to achieve target of program beneficiaries and 28,000 loans.
- Manage day-to-day digital and financial training operations from planning/designing, implementation, supervision to reporting.
- Provide strong leadership in managing consultants, implementing entity, SME service providers and stakeholders to achieve target of program beneficiaries and 28,000 new loans.
- Develop close relationship with financial institutions, government officials, consulting companies, and other related institutions.
- Prepare regular reports to Capacity Building Lead and Deputy Executive Director (DED), MSME Finance on program implementation progress, performance on M&E indicators, target achievement, workplan oversight, performance analysis, and budget implementation.
- Work and collaborate closely with MSMEs Business development training managers in provide training to MSME especially related to MSMEs digital and financial literacy to achieve 28,000 new loan for 5 years.
- Support the project’s objectives to strengthen the capacity of and increase lending to women-owned businesses, including coordination with the ATLAS project on One stop services and childcare provision.
- Assist with procurement operations, including helping to develop terms of reference, independent cost estimates, and technical evaluations, as needed.
- Coordinate with other cross-functional MCA team members to ensure effective program implementation.
Key Qualifications (Education, Experience, Technical Competencies)
- Pass/Fail Qualifications
- Degree in any discipline with preference for economics, finance or business
- Excellent mastery of English and Bahasa Indonesia
2. Required Qualifications
- At least Seven (7) or more years of professional experience in managing capacity building in MSME finance or Financial Inclusion programs (training, technical assistance, access to finance, market development, financial/digital literacy).
- Experience in programs to expand women’s financial inclusion, including demonstrated in-depth knowledge of the barriers women experience in formal financial services and strategies to address these.
- Experience in capacity building programs to provide digital and financial literacy training to MSMEs.
- Experience partnering with MSME financial literacy training programs, e-commerce platforms, startups, fintech companies, and other relevant digital businesses aimed at supporting MSMEs.
3. Desired Qualifications
- Having experience and knowledge about financial products, especially MSME loans
- Having broad experience and knowledge in market system development
- Having broad experience in training management for MSME Finance and MSME development program
- Having experience in implementing capacity development activity for financial institutions (product development, technical assistance, training, digital finance), with a specific focus on women and under-served groups
- Having experience in MSME linkage programs (financial institutions and MSME partnership) such Kredit Program, KKMB, KUR, Umi
- Having experience with international development agency/donor, or International NGO
Please note this will be a full-time position for a base period of 12 months with duty station in Jakarta.
Attractive and competitive monthly service fee for successful applicants shall be offered to the best selected candidates. This recruitment respects diversity, equity and inclusiveness. Highly qualified female candidates are encouraged to apply.
How to Apply
Please submit your application letter, which should discuss how you meet the aforementioned position requirements, emphasizing relevant skills and experiences, as well as why you are interested in working with MCA-Indonesia II and comprehensive resume as attachments to [email protected] and cc to [email protected] by 28 June 2024, with subject line.
Please name your file as follow format:
Your Complete Name_Application Letter and Your Complete Name_CV.
Given the volume of applications received, only short-listed candidates will be contacted for an interview.
More Information
- Salary Offer Rp25.745.727 – Rp34.756.732