Based in West Africa, the Payment Specialist will come with strong expertise in the technological aspects of the national instant and interoperable payment systems (IIPS), regulation of interoperable payment systems, an understanding or working knowledge of ISO20022, capacity building of digital financial service providers on integration requirements and participation rules, regulation around fintech innovation and open APIs. The perfect candidate will come with an in-depth understanding of specifically the West African market and the ability to travel between countries as required.
TERMS OF REFERENCE – PAYMENT SPECIALIST
TYPE OF CONTRACT: CONSULTANT FULL TIME (Remote with some field missions)DURATION: ONE (1) YEAR RENEWABLE, SUBJECT TO PERFORMANCE REACHED AND FUND AVAILABILITY
Institute for Inclusive Digital Africa (IIDIA)
IIDiA’s vision is a continent where everyone enjoys the benefits and can fully participate
in the digital economy regardless of their socio-economic status, gender, age, or
location. IIDiA’s mission is to contribute to the digital equity by assisting all stakeholders
of the digital economy to define inclusive disruptive business models, continuously build
the capacities of African leaders and professionals to bridge skills gaps, addressing
digital literacy skills through sustainable approaches, provide technical backstopping to
make the economics work out to achieve digital economy inclusion, researching and
advocating for policies that support equitable growth in the digital sector. By doing so,
IIDiA contributes to a more just society where everyone has a fair chance at success.
IIDiA works with a range of partners from the digital ecosystem either private or public
organizations including financial institutions, digital financial service providers, fintech,
policy makers, regulators, telecom operators, aggregators, donors, etc. IIDiA is focused
on digital inclusion and the development of the digital economy in Africa. This
multifaceted intervention will help promote economic growth, political stability, and
educational advancement. More information at the website www.iidia.org
Profile
Based in West Africa, the Payment Specialist will come with strong expertise in the
technological aspects of the national instant and interoperable payment systems (IIPS),
regulation of interoperable payment systems, an understanding or working knowledge
of ISO20022, capacity building of digital financial service providers on integration
requirements and participation rules, regulation around fintech innovation and open
APIs. The perfect candidate will come with an in-depth understanding of specifically the
West African market and the ability to travel between countries as required.
Responsibilities
Under the direct supervision of the Executive Director, the Payment Specialist will be
responsible for the following key duties and responsibilities
● Guide on how best to adhere to regulations governing participation and
integration into the instant, interoperable payment systems real time payment
systems
● Advise and offer technical inputs in the design of use-cases (P2P, P2B, G2P and
CICO payments) made possible by integrating into an instant, interoperable
payment systems the real time payment systems
● Document technical inputs on the technological and regulatory specifications for
Digital Financial service providers integration and create guides for
interoperability integration
● Support the Regional Director in ensuring continued and strong communication
between stakeholders such as instant payments infrastructure partners
● Ensure training is prepared, performed, and customized to the digital ecosystem
stakeholders’ needs
● Follow-up with partners to ensure training is relevant and appropriate
● Support IIDIA’s team in providing Technical Expert to (and liaising with) regulatory
authorities and other relevant stakeholders in formulating standards meant to
guide fintech integration and open APIs
● Support Central Banks, FinTech’s and e-commerce platforms in instant payment
systems’ integration
Competencies
Technical competencies
Strong knowledge of Financial Markets Infrastructure, with a minimum of 5 years
experience
Experience working with central banks, payment aggregators and open payment
system vendors on National Instant Payment Systems
Consulting and Gap Analysis experience
Track record in facilitating discussions or understanding rules and standards that
determine how a payment system is governed, managed, and operated
Demonstrated experience in developing and implementing projects/programs in
the payments ecosystem, and around digital payments is mandatory
Previous working experience in the West and Central African region is required
Previous Experience and ability to work with central banks, regulators,
government and fintech’s on the regulation of new (FinTech related) technologies
and innovation
Experience of carrying out feasibility studies or gap analysis assessments
Ability to translate complex technical ideas to a non-technical audience both
verbally and in writing
Understanding of the need for sensitivity and confidentiality of information
Excellent writing and presentation skills
Functional competencies
Strong ability to communicate and function effectively in
local/international/multicultural environment
Excellent networking skills with a demonstrated ability to build and maintain
professional relationships
Ability to meet deadlines and work under pressure
Project management skills
Excellent PowerPoint and Excel skills
High level planning, organizational and time management skills, including
flexibility, attention to detail and the ability to work under pressure to meet
challenging deadlines
Education & Experience
Education
Master’s degree in Information and Communication Technology, Banking,
Business Management, or related field is mandatory
Experience
At least 5 years of experience working with central banks, payment aggregators
and/or open Payment
Experience working with infrastructure partners on National Instant Payments
Systems is mandatory
Experience in developing and implementing projects/ programs in the payments
ecosystem, and around digital payments is highly desired
Experience with policy formulation and design/contribution to national payment
strategies is highly desired
Experience working with financial service providers and/or financial technology
companies on payment integration and digital financial services is desired
Experience supporting digital financial service providers with open APIs is
desired
Language
Excellent written and oral English is mandatory
How to Apply
● Send your CV and Motivation Letter to the following email address:
iidia@iidia.org
● Email should Object should include the position that you apply for: Payment
Specialist
