Innovative Finance Coordinator

Overall purpose of the role:

The Innovative Finance Coordinator will support DRC Kenya in delivering its innovative finance and private sector development portfolio, with a key focus on operationalizing the Refugee Investment Facility (RIF), developed by DRC and Swiss impact investment firm iGravity. The RIF provides impact-linked and concessionary loans to enterprises benefiting refugees and host communities across four areas: employability, decent employment, access to services/products, and financial inclusion. It also includes a Technical Assistance Facility (TAF) offering mentoring and advisory services to help investees maximize their social impact. The Innovative Finance Coordinator will lead the RIF’s Technical Advisory Facility at DRC Uganda, working with HQ specialists. The role includes identifying and screening high-impact companies, leading impact development and due diligence from a refugee perspective, managing technical assistance to enhance refugee impact, monitoring investee outcomes, and linking investees to DRC and broader humanitarian/development programs. The Coordinator will also support implementation of various other innovative finance initiatives under the portfolio as well as working with HQ colleagues on new initiatives as they are developed.

The Innovative Finance Coordinator will also offer technical support to DRC Kenya’s programmes that focus on private sector engagement and development, offering support to implementing teams, managing relationships with strategic partners and scoping new private sector partnership and financing opportunities for refugee impact.

Duties & Responsibilities:

Refugee Investment Technical Assistance

Lead the scoping and development of technical assistance activities both prior to and during investment under the RIF, which seeks to offer patient investments of up to 5 years to local companies and start-ups that have the potential to positively impact refugees and host communities. This includes:

Pre-Investment Technical Assistance

Identify companies with potential refugee impact through networks and country programming and refer such to the RIF /iGravity Investment Officers for screening

Lead on identification of potential enterprise impact within target displacement affected communities, aligning with community needs as part of screening of potential investees

Investee Technical Assistance:

Lead the design and defining of focus for technical assistance allocations for each investee, in line with the Technical Assistance Facility framework, and in cooperation with the DRC country teams, DRC RIF Global Lead, Regional Specialists and the RIF in-country Investment Officer

Identify business capacity building needs, opportunities for impact and ways to further connect businesses to displacement-affected communities

Identify key refugee impact metrics relevant for each company and define an impact framework for each investee

Prepare and submit proposals for technical assistance grant allocations to the RIF Investment Committee

Provide technical assistance and advice to investees on refugee impact, such as support developing impact management and monitoring systems, assistance engaging effectively with refugee communities and their needs, analysis of markets and ecosystems within refugee hosting areas to enhance business engagement, and support in development of best practice around refugee-inclusive business approaches

Manage impact monitoring for RIF investees, through annual review of impact reports of investees, meeting with investee management teams, on-site monitoring, and on this basis make recommendations for strengthening the impact of investees

Identify links between investees and DRC’s other economic recovery programming in country to build complementarity in approaches

Industries:Non-profit Organization Management

Function: Accounting and Finance