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 On-Lending Window (OLW) Manager.

Position Objective

The On-Lending Window (OLW) Manager collaborates closely with the OLW Lead to ensure the effective implementation of the OLW financing for MSMEs through Financial Institutions.

OLW Manager’s main objective is to achieve targets for program beneficiaries and extension of 28,000 loans to MSMEs in five years.

Tasks and Responsibilities

–   Work under the guidance of the OLW Lead to ensure successful implementation of the OLW activities consistent with the objectives, budget, investment criteria, and other requirements stipulated in the Compact.

–   In conjunction with BLU PIP (Badan Layanan Umum Pusat Investasi Pemerintah) as the OLW Administrator, develop OLW business development and business process strategyto achieve target of program beneficiaries and 28,000 loans.

–   In conjunction with BLU PIP, manage day-to-day OLW operations from marketing, loan analysis, admin and finance, collection to monitoring.

–   Provide strong leadership in managing team and stakeholders to achieve target of beneficiaries and 28,00 loans.

–   Develop close relationship with financial institutions, government officials, consulting companies, and other related institutions.

–   Support OLW Lead to implement Capacity Development activity for financial institutions.

–   Prepare regular reports to OLW Lead and DED MSME Finance on program implementation progress, performance on M&E indicators, target achievement, workplan oversight, performance analysis, and budget implementation.

–   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)

1. Pass/Fail Qualifications

–     Degree in any discipline with preference for economics, finance or business

–     Excellent mastery of English and Bahasa Indonesia

b. Required Qualifications

–   At least Seven (7) or more years of professional experience in financial institutions (Bank, Microfinance, Fintech, Multi-finance, Financing Company, Investment Bank, Venture Capital, BPR/KSP) as Account Officer/Manager, Marketing/Relationship Manager, Risk Management, Credit Analyst/Manager, Investment Officer/Manager, Venture Capital Officer/Manager.

–   Having experience in loan management (marketing, analysis, risk management, admin, collection).

c. Desired Qualifications

–   Having broad network and knowledge in banking and finance industry.

–   Experienced in managing MSMEs loan portfolios with emphasis on executing the loan growth strategies, conducting business projection and monitoring portfolios in financial institutions.

–   Having experience in implementing capacity development activity for financial institutions (product development, technical assistance, training, digital finance)

–   Having experience in MSME linkage program (financial institutions and MSME partnership) such Kredit Program, KKMB, KUR, Umi

–   Having previous experience in women financial inclusion and financial inclusion for undeserved group initiatives.

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 hr.recruitment@mca-indonesia-2.go.id and cc to recruitment.mcai@gmail.com by 3 May 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.