Project Execution Unit Project Analyst

search for a PEU Project Analyst

THIS POSITION IS OPEN ONLY TO NATIONALS OF TRINIDAD AND TOBAGO AND THOSE HOLDING VALID AUTHORIZATION TO WORK IN THE COUNTRY. MUST BE LIVING IN THE COUNTRY AT THE PRESENT TIME.

Our client located in the Port of Spain, in the Financial Industry is seeking to fill the position of a Project Execution Unit Project Analyst (CONTRACT 1 YEAR): 

Duration: 1 years 

Salary: $12,000.00

Background/Project Description

• Increase the banks's access to financing sources to improve its supply of financial services for Small and Medium Enterprises (SMEs) and large companies with potential exporters.
• Improve the bank's debt profile and sustainability.

• Contribute to the strengthening of the institutional capacities of the bank through the adoption of best practices of environmental, social and governance (ESG) criteria to improve its profile with its stakeholders.

These objectives are further detailed into three components: -

Component 1 – Financial support to small and medium sized entities through lending. This attention to SMEs will represent a renewed focus and is in line with the GORTT commercial objectives to support economic diversification and national development in general.

Component 2 – Refinancing of the bank's current debt which will enable the bank to improve its interest margin, competitiveness and profitability.

Component 3 – This component relates to technical support in the areas of corporate governance and environmental, social and governance (ESG) practices. A corporate governance diagnosis will be done, and corporate governance consultancy is to be engaged to implement the recommendations of the consultancy. Consultancy will also be required to design and implement an Environmental and Social Risk Management System (SARAS) to help the bank assess, manage and mitigate environmental and social risks associated with its operations and lending practices.

Scope of works

The Project Executing Unit (PEU) is the project coordinator for the program and will be directed by the mutually agreed Project Operating Manual (POM) that guides the implementation, management and administration of the project. Note that the PEU scope is not limited to the POM, which is specific to the CAF funding arrangement, but also any other agreements that emerges from the Catalytic Fund. The scope of works is as follow: -

• Administration of the program, monitoring and enabling execution of all facility components detailed in the CAF Project Operations Manual.

• Working with the bank's leadership team to ensure each component is executed effectively through oversight, resource management and continuous communication.

• Perform project planning through the creation of a work plan, timelines, resource requirements and coordination among project stakeholders.

• Tracking actual financial amounts incurred and updating budgetary amounts and allocations for monitoring and reporting activities.

• Completion and submission of all reporting requirements as defined in the facility’s project Operating manual. These deliverables must meet required specifications and standards.

• Coordinate the relationship among CAF, the Ministry of Finance and

the bank in ensuring that all conditions of the agreement, reporting requirements, communications among entities, engagement of consultants and any other requirements as defined by CAF and the MOF is done effectively and in a timely manner.

• Manage relationship between the bank and partnering financial institutions to ensure achievement of program objectives and adherence to requirements as detailed in individual signed agreements.

• Ensuring that reporting obligations are fulfilled by partner FIs in accordance with agreements and performing required analysis and tracking of data.

• Anticipate and address challenges and resolve issues that arise during the project execution.

• Contribute to strategy by ensuring that projects and initiatives are aligned with the program’s strategic objectives and providing insight where applicable.

• In coordination with the bank, ensure that procurement processes conducted with this fund resources are compliant with local legislative framework.

Required Expertise and Qualifications

• A Bachelor’s degree in Finance, Economics, Business Administration or equivalent.

• At least 3-5 years of experience at a senior level in a financial institution or agency, preferably in a lending environment.
• Experience in administering a similar development financing credit execution scheme that is governed by an operational framework, and which requires procedures in implementation, monitoring and reporting.
• Capacity to communicate fluently with different stakeholders (Financial Institutions and government authorities)
• Experience in drafting project plans and progress reports in accordance with agreed formats.
• Relevant experience in a Project Execution Unit for a Development Bank financial and technical support program will be an added advantage.