News

New Vacancy – Fiduciary Risk Officer

JOB CONTEXT

Because of the central importance of ensuring that funds are used for intended purposes, are managed transparently and effectively and are accounted for in keeping with good international practice, MannionDaniels wishes to strengthen its fiduciary risk team with the recruitment of a Fiduciary Risk Officer (FRO) to work across both funds and international projects.

The FRO will work closely with the Fiduciary Risk Manager and with the grant management teams of the UK Aid Direct and AmplifyChange funds. The FRO will provide support and oversight through individual grants and across the allocated grant portfolio ensuring that fiduciary risk and due diligence work streams are proactively delivered and that the financial management of grants is in keeping with acceptable standards.

The FRO role will require direct engagement with grant holders and beneficiaries, as well as the opportunity for international travel.

MAIN RESPONSIBILITIES:

  1. Working to ensure strong financial management systems on both the AmplifyChange and UK Aid Direct funds.
  2. Complete the fiduciary risk requirements of new grant applications, including due diligence assessment, and liaison with contractors/consultants assigned to due diligence deliverable tasks
  3. Carry out regular financial management checks on grant holders including verification of claims made by grant holders, assessment of financial reports and regular reporting on status of ongoing activity to the donor and to the fund managers
  4. Monitor the in-house grant management database to identify fiduciary and other risks, such as defaults and delays, and negotiate and implement important mitigating measures and safeguards as and when needed
  5. Ensure that disbursements to grantees are made in keeping with the portfolio funds disbursement schedule and that mechanisms are established to ensure that funds are received as and when required, also that any delays in timely disbursements are detected and followed up as quickly as possible
  6. Review each grantee financial report to ensure that expenditure against budget is recorded, that any significant variances are noted and explained and that significant under- or over-performance against agreed budgets is elevated with the PRM/TPM and to the Fund Manager.
  7. Provide fiduciary technical support for PRMs/TPMs as well as the wider team, acting as the expert point of contact for all financial and fiduciary risk related issues arising on grants, for example to ensure budget templates and financial reporting processes are understood and adhered to.
  8. Providing technical guidance to the grant holders directly as well as supporting them to strengthen fund management capacity and financial management arrangements using consultants and/or Strategic Advisors
  9. Carry out international site or country visits as and when necessary to perform the duties of the position
  10. Ensure all communication and recording of due diligence information is completed and stored accurately
  11. Provide support to new business development in the areas of fund management and international PFM consultancy, maintaining and developing any existing and potential relationships to develop on-going and new business opportunities internationally
  12. Provide international consultancy on on-going projects and any new opportunities that emerge in fiduciary risk management or Public Financial Management at country level

PERSON SPECIFICATION:

Essential:

  • Qualified to degree level or equivalent in a related subject.
  • Minimum 3 years’ experience of working in a financial/fiduciary role with proven experience in risk management, due diligence, audit or financial management
  • Experience in proposal writing and working as a team under tight deadlines to develop proposals
  • Essential IT skills inclusive of MS Office and in particular Excel at a high level
  • Understanding of and sensitivity to the work of our grantees
  • Ability to work flexibly and to undertake international travel
  • Proven ability to operate in a team environment liaising with diverse teams.
  • Ability to manage a varied workload and prioritise tasks, work under pressure and meet deadlines.
  • Experience of using own initiative, with a proactive and problem solving attitude.

Desirable

  • Accountancy qualifications
  • Fluency in written and spoken French language
  • Experience working within a CSO/NGO grant awarding mechanism
  • Experience of public financial management

To view this job description as a PDF document please click here.

To apply please send your CV and cover letter to recruitment@manniondaniels.com by midday on Thursday 24th August 2017



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