Title: MMU Regulatory ManagerJob ID: mob-lon-561Department: Mobile for DevelopmentLocation: London
London, EC4A 3BF, UK
Tel: +44 (0)207 356 0600
Fax: +44 (0)20 7356 0601
Description
The right candidate will join a dynamic and high performing team - currently 10 people, from strong financial services, regulatory, telecommunications and strategy consulting backgrounds. The MMU Regulatory Manager will work with the MMU Regulatory Director on the implementation of the policy engagement strategy.
Responsibilities will include:
1. Conduct research (e.g. review of draft / new regulations) and engage with relevant industry players (such as mobile network operators, regulators) to keep abreast of relevant policy developments and identify what policy solutions are working / not working to enable mobile money services
2. Create knowledge products such as regulatory case studies, policy papers and updates to the online GSMA Mobile Money Regulatory Guide, in order to share lessons effectively with the industry about what policy solutions are effective at enabling financial inclusion via mobile money
3. Leverage social media, and also create blog posts, to share regulatory insights regularly with the industry
4. Build relationships with mobile money providers, financial sector authorities and telecommunication regulators, in order to learn about policy developments and also be able to influence such stakeholders towards the development of more enabling regulatory environments
5. Develop and implement plans for how to support the development of enabling regulation for mobile money in selected markets (prioritised markets are agreed with the Regulatory Director and donors), e.g. via roundtable events to bring public / private sector together to discuss mobile money regulation in a particular market, or the creation of industry positions which represent the voice of all MNOs within a market
6. Provide support to the MMU commercial workstream (which works with MNOs to identify and implement best practices in areas such as distribution and customer adoption), to highlight what regulatory barriers exist (if any) within a specific market, and what risk (if any) they present towards MMUs successful engagement with an MNO
7. Manage the MMU Regulatory Working Group, comprising regulatory leads from MNOs. Facilitate discussions on relevant regulatory issues among the group; determine priority areas for Working Group members to work on, and support the development of members outputs, e.g., agreed industry principles and standards.
8. Participate in and present at relevant events, e.g. MMU events, and those of external partners such as CGAP and AFI, to share and disseminate regulatory insights and lessons
9. Support design and implementation of the MMU Leadership Forum, the global policy event that brings together MNOs and regulators to discuss mobile money regulation at a senior level You will also contribute towards shaping the overall strategic direction / course correction of MMU, to ensure that MMU continues to deliver valuable support to GSMA members and other stakeholders and achieves its goal of creating more successful, scalable and sustainable mobile money services. You will get first-hand experience of working with mobile money providers and financial and telecommunication regulators, and will have the opportunity of working closely with thought leaders in the mobile money space to gain a deep insight into some of the opportunities and challenges that exist within this emerging industry
Context
Mobile Money for the Unbanked (MMU) The Mobile Money for the Unbanked (MMU) programme aims to make mobile money a scalable and sustainable business for mobile network operators (MNOs), and for mobile money to be extensively available to those who have been previously unbanked. Access to financial services greatly improves the lives of the poor by increasing their ability to manage day-to-day risk, alleviating the effects of financial shocks and enabling further investment into livelihood. Arguably, the poor need such services more acutely than others: because their financial resources are limited, it is crucial that they are able to manage them effectively. Traditional financial institutions have been unable to reach low-income customers, especially those living in remote areas, due to the cost structure of retail financial services. In contrast, mobile money leverages the ubiquity of the cell phone and the extensive coverage of mobile operators to offer a profitable means of serving these customers. There are over a billion customers in developing markets who already have access to a mobile phone, but do not have a formal bank account. A huge opportunity exists to impact the lives of millions of the financially excluded through leveraging mobile operators expansive distribution networks and trusted brands to deliver such financial services. MMU regulatory activities focus on addressing the regulatory barriers that prevent MNOs from enabling greater financial inclusion. The MMU team conducts market intelligence and research to understand what it takes to create an enabling regulatory environment for mobile money to deploy successfully and applies this expertise "hands on" with mobile money providers, policy makers and regulators in the field, assessing existing regulatory challenges and developing solutions for how to overcome them. MMU supports the development of regulatory environments that enable the successful development of mobile money, by developing and sharing data, case studies, industry positions, research, and tools for comparative legal analysis, as well as by providing regulatory training directly to MNOs to help them engage with financial regulators more effectively. MMU also creates opportunities for engagement between the regulators and the private sector at both global and country level, e.g. via a Global Regulatory Leadership Forum event, as well as country- or region-specific roundtables. MMU also advocates in international fora (FATF, BIS, AFI) for the potential of mobile money to be deployed.
Criteria
Eligibility The right candidate will be able to draw on a solid foundation of regulatory expertise and industry knowledge, augmented by the ability to rapidly adapt to different cultures. Specifically:
Demonstrable policy experience, either within the mobile telecoms industry, financial services or public sector authorities, or at a think tank or consultancy, focusing on financial or telecommunication issues
Experience of coordinating / facilitating different stakeholder groups
Able to quickly grasp new concepts and ideas
Genuinely interested in both the commercial and social benefits that are presented by mobile money
Commitment to the highest quality output, with strong attention to detail
A self-starter, highly motivated to develop the programme and drive it through to completion
Ability to take initiative, solve problems, and handle a variety of activities simultaneously in a fast-paced and hard-working environment
Excellent communicator, able to express complex technical, commercial or regulatory issues in plain language, without losing the important points
Excellent English writing skills, to write blog posts, case studies, and research papers
Experience of working in emerging markets
Able to effectively work remotely, within a virtual team (MMU Regulatory Director is not UK-based; however, the rest of the MMU team is based in London) Willingness to travel internationally - significant travel (up to 50%) may be required
Language skills are a significant advantage, particularly French or Spanish.
Fluency in English is essential
how to apply:
http://unjobs.org/vacancies/1367785713064
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