Resident Leader, Debt Capital
Markets

The USAID-funded Pakistan Financial Market Development (FMD) Program will be a $20-25 million activity to introduce financial sector reforms that will strengthen Pakistan’s Debt Capital Markers and improve management of Sovereign Debt.  Activities will include supporting the GoP in creating an enabling environment for the development of debt capital markets, supporting the GoP in improving sovereign debt issuance and supporting development credit authority loan portfolio guarantees.

Chemonics seeks a Resident Leader, Debt Capital Markets. 

Responsibilities include:

• Providing direct support to the project team, especially the Chief of Party
• Developing sovereign debt capital markets through identification and resolution of issues constraining their development
• Coordinating with Ministry of Finance, State Bank of Pakistan, Securities and Exchange Commission and other stakeholders to increase capabilities related to: sovereign debt issuance, development of a secondary debt market, improving coordination between monetary and fiscal authorities, strengthen both the demand and supply side infrastructure of debt capital markets, and addressing overarching questions of public debt.
• Leading the provision of technical assistance and capacity building to the GOP and enabling them to make informed decisions in debt management

Qualifications:

• Master’s degree required, or advanced degree in Economics, Finance, Business Administration or a related field
• Proficiency in English required; knowledge of Urdu of Pashto preferred
• Experience in and knowledge of South Asia, specifically Pakistan, preferred

• Minimum 10 years of expertise in government debt issuance and government bond market development
• Proven ability in strengthening and deepening domestic debt markets, particularly for national government and possibly corporate issuers in developing countries
• Experience implementing comprehensive master plan for building a robust debt capital market
• Adept at strengthening and capacity building of government institutions
• Ability to build consensus among various stakeholders, including relevant government bodies and private sector stakeholders is required
• Experience strengthening financial literacy, in particular investor education relevant to investing in fixed income securities