Finance Expert -Expertise France Retour vers les opportunités

Background:

The European Union for Private Sector Libya (EUPSL) is a 4-year technical assistance programme that has been entrusted by the European Union to Expertise France, the French technical cooperation agency, under an indirect management delegation agreement.

The ultimate aim of the EUPSL programme is to promote the development of a dynamic and diversified MSME sector in all regions of Libya, capable of creating employment and livelihoods for Libyans, and in particular for women and youth, through widely accessible and relevant MSME support services.

The programme relies on 3 main components which aim at:

1. Strengthening the capacities of Ministries of Finance and Economy
2. Support youth and women’s economic empowerment and start-up entrepreneurship 
3. Improving access to finance for MSMEs

Description of the Assignment:

Background of the specific mission

Libya is undergoing a complex political and economic transition in the aftermath of the conflict that overthrew the previous un-democratic regime. The country remains riven by fighting between rival militias supporting either the House of Representatives or General National Congress. The security situation has worsened since July 2014 preventing any foreigners to operate on Libya’s soil. 

To support Libyan economic recovery, Expertise France, with the financial support of the European Union and in cooperation with international partners, has developed a set of targeted activities based on several years’ experience in order to improve Libya’s business environment, including a better access to finance.

The main objectives are:

• Improve banks’ potential activity in the financial sector as well as their overall performance, leading to the supply to financial products/services being offered to MSMEs;
• Improve innovative financial tools and microfinance services (financial and non-financial);
• Increase capacities of Libyan finance and microfinance institutions to comply with international banking standards, and supply finance products to MSMEs;
• Support a conducive regulations for the development of micro-finance activities;
• Support the reactivation of the Libyan National Guarantee Fund;
• Develop a Venture Capital Fund.

The expert will bring its in-depth knowledge and understanding of the Libyan financial institutions and will focus on their role and influence on the environment of MSME’s, the international perception of Libya’s Business Environment, and on the progressive transition of Libya’s informal activities to formal.

Main Tasks:

The expert will be in charge of supporting the project team in the following activities:

• Contribute to analysis, knowledge, and solution development around all activities of the access to finance component 
• Ensure that the proposed activities, products developments, etc. are compliant with Islamic Finance
• Proactively facilitate communication, liaise, coordinate, and garner support from Libyan stakeholders
• Increase visibility of and communication on the different initiatives launched under the access to finance component 
• Provide guidance to the project team on international standards that may fit the Libyan market
• Support the Key expert in establishing connections with the Libyan authorities, Libyan Central Bank and Libyan financial institutions 
• Support Expertise France team during workshops conducted with international experts and local Libyan stakeholders

Deliverables and Reporting:

Monthly report on the activities carried out during the reporting period and results achieved.

Expert Profile:

• Master Degree in Business Administration, Economics, Finance, or a related field
• Certified Islamic Banker
• The expert must prove a minimum of 5 years of professional experience in the field of economic development/MSME development in Libya with a specific focus on access to finance and alternative non-banking sector tools 
• Excellent network within Libyan authorities, Libyan Central Bank and Libyan financial institutions
• Sound understanding of the Libyan financial system
• Good knowledge of EU technical assistance project and processes
• Excellent analytical and writing skills
• Fluent in English and Arabic
• Fully-computer literate
• Strong interpersonal skills and ability to manage a complex constellation of stakeholders

Location and Duration

Duration: up to 45 days 

Period: 01/05/2022-31/01/2023

Location: Home country, with frequent trips to Tunisia and Libya if security conditions allow.

Time Sheet: at the end of each month, the expert will present a timesheet, which will be signed by the project director. 

The timesheet should indicate a brief description of activities performed during the month and results achieved.

Language 

English and Arabic. 

Assigned Key Expert: Lisjana Hila

Deadline for sending applications: 04/05/2022

To apply, please send your information to lisjana.hila@expertisefrance.fr

Candidature Form Individual EXPERTISE