Program Officer, Payment Systems 474 views2 applications

Fixed Term Nigeria Finance - Program/Project Management Print


The Economic Community of West African States (ECOWAS) is a regional group of fifteen West African countries. Founded on 28 May 1975, with the signing of the Treaty of Lagos, its mission is to promote economic integration across the region.

We are recruiting to fill the position below:

Program Officer, Payment Systems

Location: Abuja
Institution: ECOWAS Commission
Grade: P3 / P4
Status: Permanent
Directorate: Private Sector
Department: Industry And Private Sector
Division: Investment Promotion/Financial Markets Development
Line Supervisor: PPO Investment Promotion & Payment Settlement

Role Overview

  • Under the supervision of the PPO, Investment Promotions and Payment /Settlement Systems, the incumbent will support the formulation and implementation of programs and action plans to facilitate the emergence of an integrated financial markets in the region.

Role and Responsibilities

  • Develop short, medium and long-term work programs and action plans to facilitate the integration and development of financial markets in the region
  • Facilitate networking among financial sector participants in the region and develop linkages to the global financial market to increase investment and access to finance;
  • Facilitate interconnectivity of financial markets infrastructure in member-states to engender free flow of capital across borders and promote financial inclusion;
  • Support implementation of short, medium and long-term work programs and action plans for regional investment facilitation through enhancement of financial intermediation in the region;
  • Facilitate the harmonization of regulations on capital issues, listing and trading requirements on the stock exchanges in the region;
  • Collaborate with associations and institutions in the regional and international financial sector to facilitate the adoption of best practices on the stock exchanges and other segments of financial markets in the region;
  • Collaborate with financial markets stakeholders to promote cross listings and the establishment of a regional stock exchange with diversified linkages in members states;
  • Promote activities that will increase the use of diverse financial market instruments and institutions in raising capital for business in the region;
  • Collaborate with stakeholders in the insurance industry to promote a regional risk mitigation and management framework and instruments for cross border business risks management in the region.
  • Collaborate and organize meetings with experts and donors as necessary to promote the Regional financial markets;
  • Perform other related duties as may be assigned by the PPO Investment Promotion and Financial Markets Development.

Academic Qualifications and Experience

  • Bachelor’s degree (or equivalent) in Business Administration / Management, Economics, Finance, Banking or in a related field from a recognized University.
  • 5 years of professional experience in industry, private sector or in an international organization in the area of industry and private sector promotion;
  • Understanding of the functioning and operation of financial markets and respective financial markets infrastructure;
  • Understanding of best practice financial markets and financial markets infrastructure governance and regulatory frameworks in a regional environment;
  • Knowledge of institutional capacity building initiatives and experience in program planning, implementation, monitoring and evaluation;
  • Experience in establishing linkages to improve access to finance, employment and business advisory services in a regional environment;
  • Understanding of the development sector;
  • Technical capacity to lead formulation and implementation of comprehensive policy framework for financial markets governance in a regional environment;
  • A professional qualification in finance, banking and allied professions will be an added advantage.

Age Limit:

  • Be below 50 years old. This provision does not apply to internal candidates.

ECOWAS Key Competencies:

  • Ability to persuade/influence others to consider a certain point of view, adopt a new idea or implement new methods and practices;
  • Ability to lead a team of trainees/junior staff and instill a spirit of teamwork to engage employees and achieve a well-defined set of activities;
  • Ability to respect chain of command in an appropriate manner;
  • Ability to resolve challenges that occur with minimal direction and/or to recommend and explain solutions or alternatives for approval;
  • Ability to utilize the Code of Ethics to manage self, others, information and resources;
  • Ability to mentor others and create feedback loops with supervisors, colleagues and the subordinates to build strong working relationships and improve performance.
  • Contribute to maintaining organizational unit’s performance goals and standards.
  • Interpersonal skills with ability to keep a client informed of progress or setbacks in projects of relevance to timeline, quality and quantity;
  • Ability to proactively interact with clients and build strong trusting relationships based on mutual respect and regular discussions;
  • Ability to establish and sustain professional credibility with clients/stakeholders in a manner that anticipates their need, mitigates issues and that carefully balances professional obligations with the need to be sensitive and responsive to their needs;
  • Ability to counsel, advise, consult and guide others on matters pertaining to assigned client service responsibilities and establishedclient service standards;
  • Demonstrate respect for cultural differences, fairness and ability to relate well with people from varied backgrounds, nationality, gender, ethnicity, race and religion;
  • Understanding of diverse cultural views especially within West Africa, with sensitivity to group differences; ability to challenge bias and to practice tolerance and empathy;
  • Ability to listen actively, consider people’s concerns and apply judgement, tact and diplomacy;
  • Ability to work in a diverse and inclusive interactive environment that benefits from diverse strengths;
  • Ability and responsibility for incorporating gender perspectives and ensuring equal participation of women and men in all areas of work;
  • Ability to encourage, empower, and advocate for people in an unbias and transparent manner.
  • Knowledge of ECOWAS institutions, sectors, programmes and policies;
  • Knowledge of ECOWAS internal operational requirements of programs, projects, services and systems required to achieve work assignments and meet performance goals;
  • Knowledge of rules and procedures of ECOWAS associated assigned responsibilities and ability to explain these clearly to others;
  • Knowledge of ECOWAS culture, structures and performance issues and priorities impacting assigned responsibilities;
  • Knowledge of member states development trends, indicators, challenges and opportunities as it relates to project/programme assigned to own position.
  • Ability to study data/information from a variety of sources, identify anomalies, trends and issues, present findings, and makerecommendations;
  • Ability to break down problems or processes into key parts to identify and solve gaps in service, quality assurance, compliance and performance targets;
  • Knowledge of and ability to apply techniques to generate creative ideas and new approaches to meeting goals;
  • Ability to use evidence and research to inform policies and programs and identify relevant and appropriate sources of information, including stakeholders, regional institutions and/or internal committees.
  • Demonstrate operational computer proficiency using appropriate tools;
  • Ability to make sound use of graphics and tables to effectively present numerical data to write semi-complex technical reports/proposals and edit/check templates, letters, etc.
  • Ability to convey information clearly and concisely in a succinct and organized manner through both writing and verbal means, ;
  • Exhibit interpersonal skills, make presentations, express opinions and debate ideas with others in a constructive manner;
  • Fluency in oral and written expressions in one of the ECOWAS official languages of the Community (English, French & Portuguese). Knowledge of an additional one will be an added advantage.
  • Ability to develop, implement an individual action plan for achieving specific work  goals;
  • Identify ,organize and monitor tasks throughout to facilitate execution;
  • Ability to contribute and/or lead on projects as per accepted project management standards and techniques, to co-ordinate contributions by others to set and meet deadlines;
  • Ability to organize work, set priorities, and work within timelines, giving attention to details, stakeholders, indicators and risks;
  • Ability to identify, collect and assess indicators to monitor performance and to take proactive remedial action as required.

Annual Salary
UA49,106.81, USD77480.72 / UA56,591.37, USD89,289.87

Application Closing Date
16th August, 2020.

How to Apply
Interested and qualified candidates should download the Application Form below, fill it out correctly; attach a Curriculum Vitae (CV) and a Motivation Letter and send to: [email protected] using the “Job Title” as the subject of the email.

Click here to download Application Form (Ms Word)

Click here for more information

More Information

  • Job City Abuja
  • This job has expired!
Abuja
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Economic Community of West African States (ECOWAS)

Before the creation of ECOWAS, the collective territory known as West Africa, from a regional point of view, was made up of an aggregation of states that had emerged from different colonial experiences and administrations which largely defined the boundaries of the 15 states domiciled in the area.

 Even though member states of the community, today make use of three different imported official languages (English, French and Portuguese), there are well over a thousand existing local languages including cross-border native tongues such as Ewe, Fulfulde, Hausa, Mandingo, Wolof, Yoruba, Ibo, Ga, etc. that constitute its over 300 million people tucked in a vast land of about 5.1 million square kilometres.

 Prior to colonialism, the area played host to many proud empires and kingdoms that spanned centuries some of which included Ghana, Mali Songhai, Wolof, Oyo, Benin and Kanem Bornu.

 The region’s cultural, linguistic and ecological diversity presents both opportunities and challenges for the integration process. The longing to combine forces politically and economically has always been recognised as a step forward in the desire to engender co-prosperity in the area.

 In this regard, the first effort at integration dates back to 1945 with the creation of CFA franc that brought the francophone countries of the region into a single currency union. Then in 1964, Liberian president William Tubman proposed an economic union for West Africa leading to an agreement which was signed in 1965 by the four states of Cote d’Ivore, Guinea, Liberia and Sierra Leone.

 However, nothing concrete emanated from these until 1972 when Nigerian head of state Gen Yakubu Gowon and his Togolese counterpart Gnassingbe Eyadema toured the region in support of the integration Idea. Thanks to the drafts that emanated from their efforts as they formed the basis for the emergence of the treaty of Lagos in 1975 which birthed ECOWAS. The treaty of Lagos was initially limited to economic policies but emerging political events led to its revision and therewith the expansion of scope and powers in 1993.

 ECOWAS is meant to foster interstate economic and political cooperation. History is on its side in this regard. Dating back to pre-colonial times, West Africans have been among the world’s most mobile populations although much of the migration had been intra-regional. About 7.5 million West African migrants (3 percent of the regional population) are living in ECOWAS countries other than their own. The 1.2 million other migrants are dispersed mainly in North America and Europe. Estimated at about 149 million in 2013, women constitute over 50 percent of the region’s population. The cross-border migration of women as traders and business persons places them as potential champions for promoting integration, even though this is a reality that is yet to be fully exploited.

 Over the last few years, West Africa’s population witnessed strong growth, increasing from 70 million to nearly 300 million inhabitants between 1950 and 2010. By the end of 2014, it represents nearly 40% of the population of sub-Saharan Africa. According to the projections of the United Nations, the population of West Africa should reach between 550 and 600 million by 2050. It is the youngest region of the world. Also, with about 5 percent of the world’s population, with an area covering over 40 percent of sub-Saharan Africa, West Africa is the most densely populated on the continent.

 The diverse socio-cultural dimension of development should be a necessary building block for establishing peace and security in the region. Drawing strength from its past, leaders of the community have been making sacrifices to keep the shape of the political structure of the region. In 1976, Cape Verde, one of the two Lusophone countries in the region joined ECOWAS, and in December 2000 Mauritania withdrew its membership, having a

At all times, ECOWAS chief executive officers presiding either as Executive Secretaries or Presidents, deferred to the supreme organ of the community-the Authority of the Heads of State of Government for guidance. This body is usually headed by a Chairman. There have been 28 such Chairmen between 1978 to 2015.

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0 USD Abuja CF 3201 Abc road Fixed Term , 40 hours per week Economic Community of West African States (ECOWAS)

The Economic Community of West African States (ECOWAS) is a regional group of fifteen West African countries. Founded on 28 May 1975, with the signing of the Treaty of Lagos, its mission is to promote economic integration across the region.

We are recruiting to fill the position below:Program Officer, Payment SystemsLocation: Abuja Institution: ECOWAS Commission Grade: P3 / P4 Status: Permanent Directorate: Private Sector Department: Industry And Private Sector Division: Investment Promotion/Financial Markets Development Line Supervisor: PPO Investment Promotion & Payment Settlement
Role Overview
  • Under the supervision of the PPO, Investment Promotions and Payment /Settlement Systems, the incumbent will support the formulation and implementation of programs and action plans to facilitate the emergence of an integrated financial markets in the region.
Role and Responsibilities
  • Develop short, medium and long-term work programs and action plans to facilitate the integration and development of financial markets in the region
  • Facilitate networking among financial sector participants in the region and develop linkages to the global financial market to increase investment and access to finance;
  • Facilitate interconnectivity of financial markets infrastructure in member-states to engender free flow of capital across borders and promote financial inclusion;
  • Support implementation of short, medium and long-term work programs and action plans for regional investment facilitation through enhancement of financial intermediation in the region;
  • Facilitate the harmonization of regulations on capital issues, listing and trading requirements on the stock exchanges in the region;
  • Collaborate with associations and institutions in the regional and international financial sector to facilitate the adoption of best practices on the stock exchanges and other segments of financial markets in the region;
  • Collaborate with financial markets stakeholders to promote cross listings and the establishment of a regional stock exchange with diversified linkages in members states;
  • Promote activities that will increase the use of diverse financial market instruments and institutions in raising capital for business in the region;
  • Collaborate with stakeholders in the insurance industry to promote a regional risk mitigation and management framework and instruments for cross border business risks management in the region.
  • Collaborate and organize meetings with experts and donors as necessary to promote the Regional financial markets;
  • Perform other related duties as may be assigned by the PPO Investment Promotion and Financial Markets Development.
Academic Qualifications and Experience
  • Bachelor's degree (or equivalent) in Business Administration / Management, Economics, Finance, Banking or in a related field from a recognized University.
  • 5 years of professional experience in industry, private sector or in an international organization in the area of industry and private sector promotion;
  • Understanding of the functioning and operation of financial markets and respective financial markets infrastructure;
  • Understanding of best practice financial markets and financial markets infrastructure governance and regulatory frameworks in a regional environment;
  • Knowledge of institutional capacity building initiatives and experience in program planning, implementation, monitoring and evaluation;
  • Experience in establishing linkages to improve access to finance, employment and business advisory services in a regional environment;
  • Understanding of the development sector;
  • Technical capacity to lead formulation and implementation of comprehensive policy framework for financial markets governance in a regional environment;
  • A professional qualification in finance, banking and allied professions will be an added advantage.
Age Limit:
  • Be below 50 years old. This provision does not apply to internal candidates.
ECOWAS Key Competencies:
  • Ability to persuade/influence others to consider a certain point of view, adopt a new idea or implement new methods and practices;
  • Ability to lead a team of trainees/junior staff and instill a spirit of teamwork to engage employees and achieve a well-defined set of activities;
  • Ability to respect chain of command in an appropriate manner;
  • Ability to resolve challenges that occur with minimal direction and/or to recommend and explain solutions or alternatives for approval;
  • Ability to utilize the Code of Ethics to manage self, others, information and resources;
  • Ability to mentor others and create feedback loops with supervisors, colleagues and the subordinates to build strong working relationships and improve performance.
  • Contribute to maintaining organizational unit’s performance goals and standards.
  • Interpersonal skills with ability to keep a client informed of progress or setbacks in projects of relevance to timeline, quality and quantity;
  • Ability to proactively interact with clients and build strong trusting relationships based on mutual respect and regular discussions;
  • Ability to establish and sustain professional credibility with clients/stakeholders in a manner that anticipates their need, mitigates issues and that carefully balances professional obligations with the need to be sensitive and responsive to their needs;
  • Ability to counsel, advise, consult and guide others on matters pertaining to assigned client service responsibilities and establishedclient service standards;
  • Demonstrate respect for cultural differences, fairness and ability to relate well with people from varied backgrounds, nationality, gender, ethnicity, race and religion;
  • Understanding of diverse cultural views especially within West Africa, with sensitivity to group differences; ability to challenge bias and to practice tolerance and empathy;
  • Ability to listen actively, consider people’s concerns and apply judgement, tact and diplomacy;
  • Ability to work in a diverse and inclusive interactive environment that benefits from diverse strengths;
  • Ability and responsibility for incorporating gender perspectives and ensuring equal participation of women and men in all areas of work;
  • Ability to encourage, empower, and advocate for people in an unbias and transparent manner.
  • Knowledge of ECOWAS institutions, sectors, programmes and policies;
  • Knowledge of ECOWAS internal operational requirements of programs, projects, services and systems required to achieve work assignments and meet performance goals;
  • Knowledge of rules and procedures of ECOWAS associated assigned responsibilities and ability to explain these clearly to others;
  • Knowledge of ECOWAS culture, structures and performance issues and priorities impacting assigned responsibilities;
  • Knowledge of member states development trends, indicators, challenges and opportunities as it relates to project/programme assigned to own position.
  • Ability to study data/information from a variety of sources, identify anomalies, trends and issues, present findings, and makerecommendations;
  • Ability to break down problems or processes into key parts to identify and solve gaps in service, quality assurance, compliance and performance targets;
  • Knowledge of and ability to apply techniques to generate creative ideas and new approaches to meeting goals;
  • Ability to use evidence and research to inform policies and programs and identify relevant and appropriate sources of information, including stakeholders, regional institutions and/or internal committees.
  • Demonstrate operational computer proficiency using appropriate tools;
  • Ability to make sound use of graphics and tables to effectively present numerical data to write semi-complex technical reports/proposals and edit/check templates, letters, etc.
  • Ability to convey information clearly and concisely in a succinct and organized manner through both writing and verbal means, ;
  • Exhibit interpersonal skills, make presentations, express opinions and debate ideas with others in a constructive manner;
  • Fluency in oral and written expressions in one of the ECOWAS official languages of the Community (English, French & Portuguese). Knowledge of an additional one will be an added advantage.
  • Ability to develop, implement an individual action plan for achieving specific work  goals;
  • Identify ,organize and monitor tasks throughout to facilitate execution;
  • Ability to contribute and/or lead on projects as per accepted project management standards and techniques, to co-ordinate contributions by others to set and meet deadlines;
  • Ability to organize work, set priorities, and work within timelines, giving attention to details, stakeholders, indicators and risks;
  • Ability to identify, collect and assess indicators to monitor performance and to take proactive remedial action as required.
Annual Salary UA49,106.81, USD77480.72 / UA56,591.37, USD89,289.87
Application Closing Date 16th August, 2020.

How to Apply Interested and qualified candidates should download the Application Form below, fill it out correctly; attach a Curriculum Vitae (CV) and a Motivation Letter and send to: [email protected] using the "Job Title" as the subject of the email.

Click here to download Application Form (Ms Word)

Click here for more information

 2020-08-17

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