Chief of Party, Kenya Investment Mechanism (KIM) Project
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Project Overview and Role
The Feed the Future Kenya Investment Mechanism (KIM) Program
is a five-year project that will unlock financing and investment by addressing two principal market failures that have discouraged investors from financing certain segments of the clean energy and agriculture sectors: 1) insufficient quality consulting services (financial, transaction advisory, strategy and business performance), and 2) limited availability of financial products tailored to agriculture and clean energy.
To address these failures, KIM will create a sustainable, market-based ecosystem for finance and investment through mobilizing capital
into the horticulture, dairy, livestock
, and clean energy
value chains (VCs), and facilitating an enabling environment
conducive to investment. This program will mobilize private capital into target VCs through innovative smart incentives
and building partnerships with key actors that can deliver access to market, know-how, and technology to drive VC competitiveness. Concurrently, KIM will lead policy reform
efforts focused on removing barriers inhibiting large-scale investment into the target sectors, therefore unlocking further finance. The two objectives of KIM will result in the project serving as an investment platform that mobilizes substantial capital from the public and private sectors and builds partnerships between stakeholders in the financial ecosystem, ultimately contributing to USAID's overall goal of fostering broad-based, sustained, and inclusive economic growth in Kenya.
The Chief of Party will provide overall leadership and technical direction to KIM, both administratively and programmatically, and in line with client expectations. This individual must be based in Nairobi to enhance the opportunities to link more closely with other USAID/Kenya Mission-sponsored projects, other USG-sponsored cross-sector activities, private sector players and Government of Kenya (GoK) agencies and ministries on the urgent actions and partnerships needed to achieve the expected results.
- Responsible for the successful management of all administrative and programmatic functions and activities in line with the project's Scope of Work and approved annual work plans
- Serve as the project's local representative, acting as the principal liaison with USAID, GOK, Palladium HQ, local implementing partners and the local private sector
- Provide technical assistance and training as required to financial sector actors and small, medium and large firms within the target value chains with the goal of mobilizing significant private capital to these sectors
- Support the development of strategic partnerships to mobilize capital, enact improved policies and improve DCA guarantee utilization
- Supervise local project staff and provide oversight of human resources matters, including ongoing performance reviews, recruitments, and teambuilding
- Ensure safety and security of project personnel and resources
- Ensure excellent quality of all project deliverables and judicious use of U.S. government resources in line with USG requirements
- Identify issues and risks related to program implementation in a timely manner, and suggest appropriate program adjustments
- Conduct communications and media relations in close coordination with USAID
- Conduct internal travel as required to ensure successful project implementation
- Other duties as required
The position requires significant coordination skills, broad general and technical knowledge, experience in developing countries, and the ability to ensure coherence and consistency while under urgent deadlines. The minimum qualifications are as follows:
- A minimum of 15 years of professional experience in fields related to the successful implementation of this project such as financial services and investment advisory expertise, private sector capacity development, and public and private sector engagement.
- An advanced graduate degree in a related field of study, e.g. Finance and Investment, Business Management and Enterprise Development.
- Proven leadership in the administration of similar size international donor support programs with skills in strategic planning, management, supervision and budgeting.
- Proven ability to develop and communicate a common vision among diverse partners and the ability to lead multi-disciplinary teams.
- Evidence of strong communication skills, both interpersonal and written, to fulfill the diverse technical and managerial requirements of the contract.
- Knowledge of Kenyan Finance and Investment Sector issues preferred.