Senior Specialist: Monitoring and Evaluation at IDC

Qualifications

• A post graduate or master’s degree in a relevant field such as economics, development studies, Social Science or Business administration.
• Master’s degree will be added advantage.

Knowledge and Experience

• 8-10 years' experience in monitoring and evaluation, preferably in a development finance or related organization.
• In-depth knowledge of monitoring and evaluation methodologies, frameworks, and best practices.
• Proven capability in strategy and policy development
• Ability to be a thought leader on the subject matter
• Excellent stakeholder management capability and ability to engage with Executives, Board and Shareholder on the subject matter
• Familiarity with key development aspects, including industrialisation, green economy, sustainable investment, spatial equity, jobs creation, exports, and broad-based black empowerment.
• Proficiency in data analysis software and statistical tools.
• Strong understanding of quantitative and qualitative data collection and analysis methods.
• Proficiency in statistical analysis techniques and data visualisation tools.
• Experience in developing and implementing monitoring and evaluation frameworks.
• Ability to work independently and manage complex projects.

Roles and Responsibilities

• Strategic Guidance: Collaborate with IDC Senior Management to establish key performance metrics and advise Executive Committee on strategic approaches to monitoring and evaluation and approaches that are relevant to a Development Finance Institution
• Strategic Planning and Oversight: Ensure alignment of SBU and Departmental strategies with overall corporate goals.
• Policy and strategy design: Develop IDC’s M&E Policy and Strategy and maintain it, ensuring it is up to date and relevant to IDC’s mandate.
• Framework Design: Designing and developing monitoring and evaluation frameworks aligned with the IDC’s corporate plan, strategic objectives, focusing on productive economy aspects, environmental impact, social impact, governance, and innovation.
• Data Collection and Analysis: Design and manage data collection systems to track programme performance. Analyze and interpret data to identify trends, successes, and areas for improvement. Prepare regular progress reports for Exco and key stakeholders (Board and Shareholder
• Championing M&E across the Corporation: Providing guidance and training to the monitoring and evaluation team and other relevant stakeholders to enhance their understanding of monitoring and evaluation principles and practices. Foster a culture within the Corporation of data-driven decision making
• Compliance and Risk Management: Ensure compliance with organisational policies and regulatory requirements. Conducting regular reviews and quality checks of monitoring and evaluation processes, reports, and methodologies to ensure compliance with standards and best practices. Identify and mitigate risks associated with strategy implementation.
• Stakeholder Management: Prepare a report and effectively communicate M&E findings and recommendations to all stakeholders (including Exco, IDC Board and Shareholder) and collaborate with SBU’s and Departments to develop corrective actions.
• Continuous Improvement: Identifying areas for improvement in the monitoring and evaluation function, recommend innovative approaches, and contribute to the development of new measurement tools and methodologies.
• Team Management: Supervise and mentor junior M&E team members (Business Analysts, etc). Foster collaboration and teamwork within the M&E team
• Thought Leadership: Provide thought leadership on M&E issues within and outside of IDC