Company Profile

Medical Credit Fund 
One of the PharmAccess initiatives is the Medical Credit Fund (MCF), which was awarded for its innovative 'layered capital' structure, blending grants, equity and debt financing. MCF is expanding its capital to USD 50 million in 2016. The MCF Investors and contributors are (among others) the Dutch Ministry of Foreign Affairs FMO, IFC/G-20, USAID, Overseas Private Investment Corporation (OPIC), Calvert Foundation, Pfizer Foundation, a Dutch family office, a private foundation and the AHME (African Health Markets for Equity) programme which is jointly funded by DFID and the Bill & Melinda Gates Foundation. MCF works with banks in Africa to provide loans (up to USD 2.5 million) to small and medium-sized companies in the health sector with the aim to improve their business and quality. The loans are provided in partnership with local financial institutions and combined with a business and quality improvement programme using the internationally recognised Safe Care standards. MCF currently works with 12 financial partners in Ghana, Kenya, Nigeria and Tanzania and has disbursed over 915 loans totalling USD 16.7 million. Over the coming years, MCF expects to grow its portfolio Significantly and will venture into new partnerships and other countries in sub- Saharan Africa, including but not limited to West Africa (Cameroon, Senegal, and Cote d'lvoire), Uganda and Zambia. 

Job Description

Responsibilities:

• Bank coordination
  • Close coordination and active pipeline management of bank recruited and PharmAccessGroup recruited business cases with the banks' program and branch managers In order to ensure !timely processes and short turnaround times.
  • Active  monitoring of loan applications at the bank's credit risk department and close consultation with the banks' credit risk officers on the applications' progress and/or possible bottlenecks in process
• Business assessments/underwriting
  • The SBA ensures that PharmAccessGroup (or one of its Technical Assistance Partners) recruited business cases get a Business Assessment that meets MCF's business appraisal and underwriting standards.
  • The SBA    reviews    and preapproves    credit     memos     of business cases as prepared by its partner banks, prior to formal under-writing by the MCF.
  • The SBA acts as a senior team member for business advisors in the PharmAccessGroup team and of its Technical Assistance Partners, supervises their work and trains team members on the job.
  • Planning of business assessment activities will involve quarterly and monthly workload planning and synchronisation with the partner banks.
  • Monitoring, Coordination and Facilitation
  • The SBA will make sure that SafeCare Assessments and Quality Plans will be completed within a month after loan disbursement.
  • The SBA will monitor healthcare providers as long as an underwritten loan is outstanding on a six-monthly basis.
  • If so requested, the SBA may facilitate deal making with the borrowing healthcare provider in the areas    of provision of    support    services related to the implementation of a Quality Plan or Business Plan. If anticipated. the SBA may advise or arrange to include adequate budgets In the loan request.
• Product development
  • The SBA is proactively involved in the development of new services tools, monitoring systems and training materials.

Positioning & Reporting

• Positioning
  • The SBA will be employed by PharmAccessGroup in Ghana and be stationed at its office in Accra. 
  • The SBA is expected to travel extensively in the country.
  • The SBA may be temporarily stationed in other countries in the region with the purpose of settling up business assessment and underwriting capacity similar to the Ghana practice.

Reporting

• Functionally and formally the SBA reports to the Country Director for PharmAccessGroup wno is stationed in Accra, Ghana.
• Operational reporting     takes the form     of monthly monitoring of activities, plan which will be related to on-rolling overall MCF planning and pipeline tools. Operational communication and coordination lines need to be maintained at all times with the MCF Senior Financial Analyst and the MCF Finance Director in Amsterdam.          .
• The SBA will directly contact the PharmAccessGroup Country Director in     case of    major developments or challenges as per his/her own initiative and perception of the situation.
• The SBA will be part of a dynamic organization and work closely together with a team of local and international experts in the field of health care, finance, data analysis, banking and research.    

PharmAccessGroup Offers

• PharmAccessGroup oilers an excellent Job opportunity in a dynamic international environment with solid terms and conditions that conform to Industry standards.
• PharmAccessGroup has a fulltime workweek of 40 hours a collective pension scheme and a medical insurance cover for employees and dependents.
• We offer 22 vacation days a year based on a fulltime employment agreement

Required Skills or Experience

Qualifications

• Essential: BSc Business Administration or equivalent.
• Desirable: MBA or post graduate qualification in Banking, Accounting or Finance.

Working Experience

• Essential: five years post qualification experience in the banking/financial sector
• Desirable: management experience in the health sector. Experience in credit risk assessment. microfinance or SME lending is major added advantage.

Skills

• Financial analytical and planning skills.
• Computer literate, including use of tablets and databases web applications.
• Display a commitment for healthcare development organisational skills.
• Communication and interpersonal skills.
• Business writing skill.
• Advocacy and negotiating skills.