Job Summary:

Expertise France is recruiting a Public debt expert, specialized in debt portfolio management and financial law, for a six (6) months mission within the framework of a project supporting the implementation of public finance management reforms in Kenya.

The person selected will also, in close collaboration with the Project Coordinator based in the Kenyan PFMR Secretariat and Expertise France's head office in Paris, ensure the operational steering and coordination of all activities, communication and other necessary cross-cutting activities of the project regarding the beneficiary administration, AFD and the technical partners in France.

DESCRIPTION OF THE MISSION

The expert will come from a French public administration. He/she will be based in Nairobi for a duration of at least  six (6) months. He/she will be part of the project team, and will be under the supervision of Expertise France’s project manager. He/she will be in charge of (i) the support to the PDMO‘s work plan implementation and (ii) the local technical assistance program management.

     i. Support to the PDMO’s work plan implementation – 70%

The support to the PDMO is one of the most important activities of the Project. The expert will have a strong experience on debt management issues and will provide his/her expertise and experience to the PDMO on debt management issues following the work plan that was agreed between the PDMO and AFD/EF in October 2019. He/she will work in close collaboration with key senior experts based in French public institutions.

The expert will thus address the following activities: 

• TA on supporting the debt management organization and governance to achieve the debt and borrowing policy objectives in the most efficient way. This activity comprises the preparation of :
  • A draft operation manual giving guidelines on responsibilities, governance and accountability of the PDMO;
  • A draft code of conduct to be prepared with the team;
  • A draft operational manual regarding transparency issues towards investors and communication guidelines.
• TA on developing a framework for risk management. This activity shall allow the development of a cartography of the risks related to PDMO’s operational activities

• TA on restructuring the debt portfolio to minimize risks and costs :
  • Propose a presentation of an operational model for optimal level and structure of public debt in Kenya and train the PDMO staff on the model, including by reviewing the Mid Term Debt Strategy towards the model;
  • Writing of a memo on new debt instruments and propose workshops to prepare a strategy for Kenya to diversify its debt instruments and restructure its loans.

He/she will be particularly associated with the key short-term expert who is already working with the PDMO since 2019. His/her work will be complementary with the remoted support of the key expert.

He/she will be responsible to the good implementation of the work plan established with the PDMO in 2019, and he/she will identify new needs if needed.

The expert will facilitate the implementation of debt management activities and will identify complementary needs of short-term expertise, if necessary.

Coming from the French Public Administration, the Expert will add value to the PDMO by supporting the teams in their functioning as well as through specific training answering the Office’s needs.

During his/ her mission, the expert will focus on maximizing the transfer of skills to the PDMO and other GESDEK implementing agencies, with the help of formal and informal relations and trainings to ensure a long-lasting impact.

     ii. Local Technical Assistance program management – 30%

Other components of the project also need support to be implemented given the constraint context. The expert will thus be mobilized to facilitate the virtual and, hopefully, physical missions. As a representative of Expertise France for this TA programhe/she will accompany the resident Project Coordinator based in the PFMR Secretariat in the identification of the TA needs considering its knowledge of the functioning of the French administration.  

In close collaboration with the resident Project Coordinator and the project manager of Expertise France, he/she will participate to :

• The preparation and support implementation of the field missions by preparing and monitoring agendas of each mission.
• Support the quality control of the deliverables.
• The implementation of the Project activities on a day-to-day basis (including visibility and communication activities).

He/she shall provide a good leadership and coordination for the technical assistance to meet the goals within the contractual time limit, based on the terms of reference, the overall project budget, and the work schedule approved by all the stakeholders. The expert will support the follow-up of the Project by reporting on the activities and updating the rolling work program, in close collaboration with the Expertise France project manager and the resident project coordinator.