EAC FSDRP I Project RESEARCH ANALYST

BACKGROUND

The EAC Financial Sector Development and Regionalization Project I (EAC - FSDRP I), which is funded by a $16 million IDA grant, became effective in June 2011. The project aims to support the development of the East African financial sector, through the establishment of a single market in financial services. Creation of a single financial services market, will also contribute to realization of the Common Market Protocol, by facilitating the attainment of the four freedoms i.e. movement of goods, labour, services and capital.

Under FSDRP I, the Project Administration Team (PAT) has begun work to establish foundations for EAC financial sector regionalization through; establishing core capacity at the institutional level to support the EAC financial sector integration process; producing EAC model directives for financial sector laws and regulations; and achieving early wins in regional integration of market infrastructure.

The FSDRP I is structured into six components. The components are: (i) financial inclusion and strengthening market participants (ii) harmonization of financial laws and regulations against common standards; (iii) mutual recognition of supervisors; (iv)integration of financial market infrastructure; (v) development of a regional bond market; and (vi)capacity building. The East African Community Secretariat intends to use part of the project’s funding for recruitment to fill various vacant positions.

RESEARCH ANALYST

(1 POST) – (REF: EAC/HR/2012/44)

Directorate: Planning
Reports to: Regional Financial Policy Advisor, Sectoral Analysis
Duration of Contract: 2 years Fixed Term (Non-Established)
Station: East African Community (EAC) Headquarters,

Arusha, Tanzania

PURPOSE OF THE POSITION:

Contribute to and where necessary undertake research on financial sector policy and operations to aid decision making, and inform policy analysis and formulation at EAC Secretariat level. The incumbent will report to the Regional Financial Policy Advisor -responsible for financial sector analysis.

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SCOPE OF WORK:

1. Contribute to identification and/or where required identify topical research issues with regional focus in the EAC financial sector;

2. Produce quality research proposals on EAC financial sector issues preceded by a comprehensive review of relevant literature;

3. Present research proposals to a team of relevant technical staff of the EAC Secretariat for discussion and endorsement;

4. In collaboration with relevant staff at the EAC Secretariat and Partner States, undertake data gathering, collation, and analysis in respect of research proposals above;

5. Produce and disseminate quality research reports with policy implications to aid management decisions, and inform policy analysis and formulation at relevant levels;

6. Contribute to policy analysis, policy research and policy formulation on financial sector issues mainly at the EAC Secretariat level, and occasionally at Partner states’ level;

7. Conduct evaluations of selected programs at the EAC Secretariat level;

8. Regularly analyze statistical data prepared by the financial statistics specialist and use it prepare to up-to-date information and data systems as well as prepare reports on sectoral performance at regional level.

9. Write half yearly articles and updates on monetary and financial policy developments and operations of the Partner States;

10. Produce progress reports of research activities undertaken by the Directorate of Planning;

11. In consultation with Country Coordinators and Regional Financial Policy Advisor, participate in the creation of a platform for comprehensive information exchange and experience sharing among EAC Partner States on aspects of monetary and financial sector integration; and

12. Undertake other duties as may be required.




DELIVERABLES:

i. Research Proposals relating to financial integration.

ii. Competent research and other reports produced relating to priorities for financial sector integration.

iii. Databases for research topics and outputs relating to financial sector integration.


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iv. Quarterly and annual reports produced in time.

v. Articles published in reputable publications, relating to regional trade and business.




QUALIFICATIONS AND EXPERIENCE:

A development researcher with a relevant post graduate degree in Economics, Statistics, Banking, Finance, social sciences, or related disciplines, together with specific training in Financial Sector Policy, Regulations, and Operations.

She/ he should have at least 5 years’ experience in a financial sector setting and be able to demonstrate successfully having developed and executed research projects using modern research methods and tools. Demonstrable experience in policy analysis and research.



COMPETENCIES AND SKILLS:

Strong, analytical skills with demonstrated ability to apply them in analysis of financial sector policy, regulations and operations. Experience in monitoring and evaluation processes. Experience in design of databases for research themes and topics. Strong English oral and written communication skills, together with Strong IT skills, particularly (STATA, SPSS, E-Views, Excel, Power point).





TERMS AND CONDITIONS OF SERVICE:

This post is a non-established EAC-FSDRP project position, supported by donor funds. Contract terms are limited to the period of the project (i.e. March 2014). Renewal is possible subject to extension of the funding and individual staff’s performance. Attractive consolidated remuneration packages for fixed contract positions will be paid in accordance with the EAC-FSDRP budget.




HOW TO APPLY:

Suitably qualified candidates should submit their applications quoting the reference number of the position applied for, by registered mail, courier service, e-mail (all soft copies should be in MS Word) or dispatch together with Curriculum Vitae, copies of both academic and professional certificates and testimonials, names and addresses of three referees, and day time telephone/cell phone contact details to:

The Secretary General
East African Community


Arusha International Conference Centre 5th Floor, Kilimanjaro Wing

P.O. Box 1096 Arusha - Tanzania.

Fax No: 007 27 2502455/2504481 E-mail: vacancies@eachq.org


To be received not later than October 15th 2012