Job Description
Position: Digital Financial Inclusion Specialist
Company: Mastercard Foundation
Location: Baidoa, Somalia
Experience: 3-5 years
Education: Bachelor’s Degree in Finance, Economics, or related field
Employment Type: Full-time
Industry: Financial Services and Digital Innovation
Department: Financial Inclusion
Salary: 15,000 – 20,000 SSP
Vacancies:1
Company Overview
The Mastercard Foundation is a global organization committed to advancing financial inclusion and digital innovation in emerging markets. In Somalia, we partner with local institutions to build sustainable financial ecosystems that empower underserved communities. Our mission aligns with Somalia’s Vision 2030 to create equitable access to financial services through technology-driven solutions.
Job Overview
This role focuses on designing and implementing digital financial inclusion programs tailored to Somalia’s unique economic landscape. The specialist will collaborate with fintech startups, mobile money operators, and microfinance institutions to expand access to digital financial tools for rural and urban populations. The position requires strategic thinking, stakeholder engagement, and a deep understanding of Somalia’s evolving financial sector.
Key Responsibilities
- Develop and execute digital financial inclusion strategies aligned with national financial inclusion goals.
- Collaborate with local banks, fintechs, and NGOs to design inclusive digital payment solutions.
- Conduct market research to identify gaps in financial access and propose scalable solutions.
- Provide technical assistance to financial institutions for digital transformation initiatives.
- Monitor and evaluate program impact using KPIs such as account penetration rates and transaction volumes.
- Represent the Foundation at industry forums and policy discussions on financial technology.
Required Skills
- Proven experience in digital financial services, mobile money, or fintech ecosystems.
- Strong analytical skills with proficiency in data visualization tools (e.g., Tableau, Power BI).
- Excellent stakeholder management and cross-sector collaboration abilities.
- Knowledge of Somalia’s financial regulatory framework and mobile money regulations.
- Fluency in English and Somali; working knowledge of Swahili is an asset.
- Experience with financial literacy programs and digital onboarding processes.
Education
- Bachelor’s Degree in Finance, Economics, Business Administration, or related field.
- Master’s Degree in Public Policy or Digital Innovation preferred.
Experience
- 3-5 years of professional experience in financial inclusion, fintech, or digital payments.
- Previous work in Somalia or other East African markets is highly advantageous.
Salary
15,000 – 20,000 SSP per month, commensurate with experience and performance.
Benefits
- Comprehensive health insurance covering medical, dental, and vision care.
- Professional development budget for certifications and conferences.
- Annual performance-based bonuses and career advancement opportunities.
- Relocation assistance for qualified candidates.
- Flexible work arrangements including remote work options.
Training
- Onboarding program covering Somalia’s financial ecosystem and regulatory environment.
- Specialized training in digital financial tools and customer-centric design principles.
- Leadership development workshops for strategic decision-making.
Working Environment
The role operates in a dynamic, mission-driven environment with opportunities to work remotely and travel across Somalia. The position requires occasional field visits to rural financial hubs and digital kiosks to assess program impact firsthand.
Application Process
Submit your resume and a cover letter detailing your experience in digital financial inclusion to our portal. For more information about career opportunities in Somalia, visit https://somaliajobsearch.com or explore global opportunities at https://www.liberiajobsearch.com.
Equal Opportunity Statement
Mastercard Foundation is an equal opportunity employer committed to diversity and inclusion. We encourage applications from qualified candidates regardless of gender, ethnicity, religion, or disability status.