Resident Advisor Pashtany Bank (PB)

Master's Degree   Kabul, Afghanistan Full Time 1149
Date Posted:Jun 11, 2018
Reference:MoF/MOSB/5
Closing Date:Jun 25, 2018
Work Type:Full Time
Number of Vacancies:1
Gender:Any
Functional Area:Account/Finance
Nationality:International
Salary Range:Salary is negotiable
Years of Experience:10 Years
Contract Duration:Open Ended
Extension Possibility:No
Contract Type:Fixed-term
Probation Period:3 months
Required Languages:90

About Ministry of Finance:

وزارت مالیه: وزارت مالیه نقش مشخص غرض ارائه خدمات به مردم افغانستان را دارد که عبارت از جمع آوری عواید و اداره امور مالی دولت میباشد. همچنان مدیریت درست مصارف و بسیج سازی عواید بیشتر غرض تأمین ثبات مالی از جمله اولویت های عمده این وزارت بشمار میرود. وزیر مالیه مسئولیت کنترول و مدیریت امور مالی و سایر صلاحیت های قانونی که توسط پارلمان به وی تفویض شده عهده دار میباشد. مسئولیت مدیریت ، نظارت ، کنترول و استقامت دهی تمام مسائل مربوط به امور مالی افغانستان به دوش وزیرمالیه گذاشته شده و شخص وي طبق قانون اداره مالی ومصارف عامه اجراات مینماید. وظایف وزارت مالیه دربرگیرنده موارد ذیل میباشد: • ایجاد سیستم های مالی ، طرزالعمل های محاسبوی و تادیاتی • اجرای تخصیص وجوه مالی بودجوی برای مصارف دولت ، حصول اطمینان ازمحاسبه دقیق و درست آن • ترتیب حسابات قطعیه برای هرسال مالی طبق قانون اداره مالی و مصارف عامه . یکی از اولویت کلیدی وزارت مالیه اداره سالم مصارف ، وصول اطمینان از خودکفای مالی می باشد. وزارت مالیه برای هرسال مالی چارچوب مالی میان مدت ویک چارچوب بودجوی مصارفاتی میا ن مدت راانکشاف وانرا تجدید می نماید . همچنان سقف بودجه مصارفاتی ادارات دولتی را به تفکیک بودجه عادی وانکشافی پیشکش وپلان جمع اوری مالیه .سایرمنابع عوایدی ، محصولی برای سالهای ۱۳۸۸الی۱۳۹۲ که باتوجه به اصل عدالت و مثمریت بنا یافته وتا حدی قابل ملاحظه ئی خود کفائی مالی ویک بخش از چارچوب مالی میان مدت 5ساله را به تصویر می کشد ترتیب داده است. وزارت مالیه، قوانین مالی ، مصارفاتی ، عوایدی ومحصولی رادر امورمحوله املاک عمل قرارداده ومقررات موضوعه مربوط به آنرا پذیرفته که میتوان ازقانون اداره مالی ومصارف عامه ،قانون گمرکات ،قانون تدارکات ، قانون عواید مالیات وسایرمقرره ها وطرزالعمل های مربوط به انها نام برد .

Job Summary:

To support its ambitious reform and modernization efforts for the SB sector and the envisaged consolidation and stabilization of PB, with a medium term view to attract private capital or consolidate PB within a unified SB, GoIRA is seeking to contract qualified consultant services as long term resident advisors to PB.
The consultant is expected to provide support to PB management and Board of Supervisors, and other relevant stakeholders in formulating and implementing the consolidation and stabilization plan for PB, the business plan and as well as proposals for crowding-in of private capital or consolidating PB in a single SB, based on the macro strategic visions outlined by GoIRA for the sector. This will include – but not be limited – to the detailed definition of a transition road-map, identification of implementation steps and resources requirements, including a HR transition plan, establishment of relevant operational and risk control measures and design of adequate internal and external communication strategy

Skills Required:

Not available

Provinces to travel:

Skills Description:

Duties & Responsibilities:

Scope of Services:
The Resident Advisor will provide on-going support and input to the consolidation process of PB and the efficient development of its ‘narrow banking’ business to NKB management and Supervisory Board, ownership representatives and other relevant stakeholders. The Scope of Services is expected to cover support in all relevant strategic, policy and technical aspects of the process, ranging from supporting high level definitions of strategy to hands-on support in the implementation process.
Broadly the Scope of Services is divided in activities in three areas, as outline below in more details:
1. Strategic and policy advisory
The Resident Advisor will provide support and technical advice in operationalizing and implementing the consolidation process of PB and the development and implementation of a sustainable business plan as per the defined strategy of GoIRA. Specifically, the Resident Advisor will support PB management and Supervisory Board in:
 An in-depth assessment of PB’s market potential, customer outreach and competitive advantages.
 Assessing current branch structure and network, establishing performance and efficiency criteria
 Developing an Alternative Delivery Channel approach to enhance outreach and reduce transaction costs.
 Evaluating, streamlining and adjusting HR and operational resources.
 Assessing resources needs and HR requirements; including determination of HR capacities, and training and replacement requirements.
 Designing and implementing training efforts to enhance operational staff capabilities and strengthen risk management and oversight.
 Assessing, reviewing and recommending the development and implementation of a detailed business plan to expand on the ‘narrow banking’ business to be undertaken.
 Advising on the definition and implementation of a product and services strategy aimed at attending defined market segments.
 Undertaking the annual assessment of business strategy and performance, and analyze and recommend adjustments in order to maximize financial sustainability and development impact of the institution.
 Assessing, reviewing and recommending the development and implementation of policy statements and manuals; including strengthening of operational risk management.
 Establishing arrangements for regular structured assessments for the operational and resources strategy in line with the business strategy of the institution.
 Documenting progress and challenges in the transformation and modernization process and implementing appropriate M&E approaches to evaluate the institutions financial, operational and outreach performance.
 Identifying non-strategic assets and determining an implementation plan for their divestment, including the identification of qualified equity investors.
 Identifying PB’s long term capital need and optimal equity structure, including identifying opportunities and qualified investors for capital raises or partial or full divestment of GoIRA’s equity stake in the institution; including developing the corresponding divestment strategy.
 Preparing and implementing any capital raise or divestment strategy for GoIRA equity stake in PB.
 Establishing outreach and communication with all relevant stakeholders
2. Operational and business execution support
Given the tenuous financial position of PB shoring-up and stabilizing its business performance and increasing efficiency is condition sine qua non for the successful development and implementation of a longer term business strategy. The Resident Advisor will support PB Management and Supervisory Board to that effect by supporting a two-step approach of (a) stabilization and consolidation, and (b) development and implementation of a medium term business approach which maximizes the institution’s financial results. Specifically, the Resident Advisor will support Management and the Supervisory Board in:
 Reviewing the current product portfolio mix, market position and institutional capacity with regards to attending to the strategic mandate outlined for the institution by GoIRA
 Determining market and segment strategy, including exposure and risk limits.
 Identifying institutional strengthening needs, designing strategy and implementation plan to address.
 Reviewing organization structures to effectively cater to the cores strategic market segment, including corresponding risk management, control and supervision structures.
 Establishing regular branch performance review and market assessments.
 Identifying alternative delivery channel options and risk assessment technologies to enhance efficiency and outreach; including virtual wallet, agent banking and other delivery mechanism approaches.
 Determining operational and business requirements for the consolidation and stabilization period.
 Developing a detailed implementation plan to address HR and branch adjustments to enhance efficiency.
 Establishing and implement business continuity and contingency plans.
 Establishing operational risk control measures and oversight arrangements.
 Undertaking performance reviews of branches and outlets to determine potential for consolidation and efficiency gains.
3. Coordination and oversight of specialized consulting services
The institutional consolidation and strengthening process for PB is a multipronged endeavor, encompassing engagements and support in a number of different strategic aspects, including (a) the strengthening of Governance structures, (b) focused communications efforts to support the rebranding and market positioning of the SB, and (c) significant investments in the modernization of the technological infrastructure and processes. The Resident Advisor is expected to support PB Management and Supervisory Board in coordinating and overseeing the various activities to be undertaken, in order to ensure that outcomes align with the strategic priorities for PB as defined by GoIRA.
Furthermore, the Resident Advisor is expected to coordinate and consult closely and as needed its work efforts with the Project Banking Expert Advisor assigned to the project implementation team in MoF.
Deliverables:

Policies, procedures and manuals for the new product mix and internal operations

Quarterly budget and financial plans including analysis of actual historical performance against planned and defining projected targets.

Branch network assessment and outreach strategy and the action plan for the branch network operations.

Monthly progress reports submitted to MoF and World Bank on the resident advisor’s activities, and issues of relevance to BMA operations and adoption of the reform strategy.

As requested by the World Bank TTL provide periodic reports on the operational and financial performance of PB and improvement recommendations.

As per request by the World Bank TTL provide periodic reports on particular issues of risk management.
Duration and Type of contract:

The contract shall be Time/ Based

The entire scope of services need to be as executed and the listed deliverables be delivered in Kabul, for a duration of 36 months from the day of commencement of the contract.

Job Location:

Afghanistan, Kabul

Qualifications:

The Consultant must have minimum ten years’ relevant professional experience in the domain of Banking, Finance, Accounting, Audit, Strategic planning and budgeting, costing, asset management and Risk management.
The Consultant must have successfully participated in the implementation of at least two similar consultancy projects of like magnitudes (multi-year, policy level intervention) in (post) conflict and fragile states.
Experience in the management of ‘narrow banking’ approaches or ‘savings banks’ would be desired. Direct experience in the development and implementation of ADC, agent banking networks and virtual wallet systems is required.
The Consultant must have minimum Masters level qualification and/or qualified certification of equal level.
Fluency in spoken and written English is a must, knowledge of Dari or Pashto an advantage.
The selection shall be based on World Bank procurement guidelines for Services.
Selection Method:
Selection will be carried out through Limited Competitive Selection of Individual Consultants in accordance with paragraph 7.38 of the Bank’s Procurement Regulations for Borrowers for Goods, Works, Non-Consulting and Consulting Services dated July 1, 2016 (Procurement Regulations)

Job Keywords:

Account/Finance
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