Private Sector Engagement Officer – IFSPS PROGRAM

Role Overview & Purpose

The Private Sector Engagement Officer will support the implementation of the Inclusive Finance for Somalia’s Productive Sectors (IFSPS) Program by strengthening partnerships with banks, microfinance institutions (MFIs), and other private sector actors to expand inclusive financial services for MSMEs across the productive sectors. The ideal candidate will have a strong background in working with banks and financial institutions, implementing financial inclusion programs, and facilitating access to finance for underserved businesses and communities.

Key Responsibilities

• Strategy and Market Facilitation:

  • Contribute to the development and implementation of a private sector engagement strategy aligned with the IFSPS Program.

  • Identify market opportunities, constraints, and private sector-led solutions to improve access to inclusive financial services.

  • Facilitate market systems development interventions that strengthen linkages between financial institutions and market actors.

  • Design and implement strategies that promote inclusive markets and improve access to finance.

• Private Sector Engagement and Partnerships:

  • Build and maintain strong relationships with banks, MFIs, and other financial service providers.

  • Facilitate partnerships to expand access to formal financial services.

  • Support engagement with financial sector stakeholders to strengthen coordination and promote market linkages.

• Access to Finance and Financial Product Development:

  • Work with banks and MFIs to support the design and delivery of appropriate financial products for MSMEs.

  • Facilitate the development of financial solutions based on market assessments.

  • Support community-based groups to strengthen financial readiness and linkages with formal financial institutions.

• Capacity Building and Technical Assistance:

  • Support capacity-building for banks, MFIs, and financial service providers.

  • Lead delivery of financial literacy and business development trainings for community-based associations.

  • Promote the adoption of digital financial services in underserved areas.

Required Qualifications & Competencies

• Education:

  • Bachelor’s degree in business administration, Economics, Finance, or a related field.

• Experience:

  • Minimum of three years in financial inclusion, banking, or market systems development.

  • Experience working with banks and MFIs to expand access to financial services.

  • Proven experience supporting SHGs, VSLAs, or community-based associations.

  • Excellent written and spoken English; fluency in Somali required.

What We Offer & Benefits

Mercy Corps offers a dynamic work environment, competitive salary, and opportunities for professional development. We are committed to the well-being and growth of our team members, providing them with the tools and support needed to succeed. Additionally, we uphold a commitment to equal employment opportunities and the safeguarding of all individuals we encounter through our work.