Country Director for Central Banking, and Anti-Money Laundering/Combating the Financing of Terrorism

Job Description

Position: Country Director for Central Banking, and Anti-Money Laundering/Combating the Financing of Terrorism

Location: Mogadishu, Somalia

Salary: $60,000 - $80,000

The Financial Services Volunteer Corps (FSVC) is looking for a highly motivated individual to launch our new program in Somalia. FSVC’s work in Somalia will concentrate on developing the capacity of the Central Bank of Somalia, strengthening the commercial banking sector and developing the capacity of money transfer operators to build the foundation for future anti-money laundering and combating the financing of terrorism (AML/CFT) programs in Somalia. FSVC’s mission is to provide the highest quality technical assistance to transition and emerging market countries, by recruiting senior financial experts to serve on missions. Among others, you will be responsible for managing the program, from project design through execution and post-project follow-up. As a Country Director in Somalia, you will work very closely with our regional field staff in Nairobi, Kenya, and the experts FSVC will recruit, focusing on the successful implementation of practical, results-oriented projects.

This position is based in Mogadishu, Somalia, but will involve some travel to Nairobi. This position reports to the FSVC Regional Director for East Africa based in Nairobi. Housing and transport will be provided by a U.S. Government-approved compound at the Mogadishu airport.

FSVC is a not-for-profit, private-public partnership that helps to build sound financial systems in transition and emerging market countries. The premise of FSVC’s work is that sound financial infrastructure is essential to support private entrepreneurship, promote job creation, mobilize domestic savings, attract foreign investment and create conditions that promote lasting economic opportunity. FSVC’s core work concentrates on developing central bank capabilities, strengthening commercial banking systems and building capital markets. FSVC has field offices in Albania, Egypt, Jordan, Kenya and Tunisia.

Key job functions include:

• Deliver some technical assistance on core program areas as a senior advisor to key local counterparts;
• Manage all field aspects for the technical assistance delivered by FSVC-recruited consultants and/or volunteer experts, including program and project activity design, logistical arrangements, implementation, post-project follow-up, and reporting to funders;
• Develop and maintain productive relationships with the U.S. Department of State, the International Monetary Fund, the World Bank, donor agencies and other assistance providers;
• Develop and maintain productive relationships with local Somali counterpart and technical assistance recipients, including the Central Bank of Somalia, the Special Task Force on Remittances, the Ministry of Finance, the Ministry of Justice, the Banker’s Association, commercial banks, money transfer operators, and other non-bank financial institutions;
• Liaise closely with FSVC’s regional staff in Nairobi and FSVC’s headquarters staff in New York to ensure effective program implementation and project management;
• Actively seek further business development opportunities in Somalia and the wider East Africa;
• Contribute actively to improving FSVC’s efficacy and impact; and
• Draft and submit reports for FSVC and its funders on program activity, measuring progress, achievement of performance indicators and impact, for monitoring and evaluation purposes.

Preferred qualifications:

• Master’s degree in finance/economics or other program-related field;
• Ten years of experience in central banking, bank supervision or AML/CFT supervision or compliance;
• Experience managing the delivery of international technical assistance programs;
• Excellent English speaking and writing skills; fluency in Swahili preferred;
• Excellent multi-tasking and organizational skills; and
• Ability to work independently.

For consideration, please email a cover letter, resume and relevant writing sample to hr@fsvc.org and include “Country Director” in the subject line.

About the Organization

The Financial Services Volunteer Corps (FSVC) is a not-for-profit, private-public partnership that helps to build sound financial systems in transition and emerging market countries. Sound financial infrastructure is essential to support private entrepreneurship, promote job creation, mobilize domestic savings, attract foreign investment and create conditions that promote lasting economic opportunity.