Day: November 13, 2020

  • Drains weren’t compromised, they were overwhelmed – Nicholas

    Drains weren’t compromised, they were overwhelmed – Nicholas

    The flooding in some areas of the island earlier this week can be attributed to the huge amount of rain that fell within a short space of time, instead of blocked or otherwise inadequate drainage, according to Cabinet spokesperson Information Minister, Melford Nicholas. The heavy rainfall on Monday and Tuesday rendered many roads impassable, with…

  • Antigua PM talks CoinGeek Live 2020 watch party experience

    Antigua PM talks CoinGeek Live 2020 watch party experience

    Antigua & Barbuda is gunning to become a global digital currency hub, Prime Minister Gaston Browne has confirmed. Browne talked to CoinGeek during a watch party held in the island nation for CoinGeek Live 2020, revealing his government’s efforts and how he believes the nation will benefit from blockchain integration. Antigua & Barbuda passed the Digital Asset Business…

  • Antigua and Barbuda Yachting Industry gears up for international arrivals

    Antigua and Barbuda Yachting Industry gears up for international arrivals

    Antigua and Barbuda is ready to receive its yachting guests for the start of the Winter Season and is sending a clear signal that Antigua and Barbuda is open. The docks are well-booked and marine service businesses, restaurants, stores and yacht services are gearing up to receive an influx of boats who have already set…

  • NODS to provide detailed damage assessment to Cabinet today

    NODS to provide detailed damage assessment to Cabinet today

    Cabinet Notes: It was agreed that the Cabinet will re-convene on Friday morning, November 13, 2020, at 9:30 am in order to receive a further report from Mr. Philmore Mullins, Director of the National Office of Disaster Services (NODS). The Prime Minister and the Minister of Works estimated that a minimum of EC$20 million can be…

REQUEST FOR EXPRESSIONS OF INTEREST

(CONSULTING SERVICES – INDIVIDUAL SELECTION)

 

OECS MSME Guarantee Facility Project

Loan No.: IDA-62670, IDA-62660, IDA-62640, IBRD-88830, IDA-62650

Assignment Title: Senior Operating Officer (SOO)

Reference No. KN-ECPCGC-207852-CS-INDV

 

The Governments of Antigua and Barbuda, Commonwealth of Dominica, Grenada, St. Lucia and St. Vincent and the Grenadines have received financing in the amount of US$10 million equivalent from the World Bank towards the cost of establishing a partial credit guarantee scheme, and they intend to apply part of the proceeds to payments for goods, and consulting services to be procured under this project. 

The consultant will serve as the “Senior Operating Officer (SOO)” for the ECPCGC and should possess extensive knowledge of MSME lending with some direct experience lending to Micro, small and medium-sized businesses, knowledge of the internal control processes necessary for a lending operation and the ability to design and implement risk mitigation procedures. The ideal candidate should possess an Undergraduate Degree from a reputable college or university, preferably in Business, Accounting, Banking or related field, with a minimum of 5 years’ experience in lending, inclusive of MSME lending. The initial employment period will be for two years on a contractual basis. Renewal of the contract will be subject to a performance evaluation at the end of the contractual period. The assignment is expected to begin on September 30th, 2021.  The consultant will report directly to the Chief Executive Officer of the ECPCGC.

The detailed Terms of Reference (TOR) for the assignment can be viewed by following the attached link below. 

 

https://bit.ly/3iVannm

 

The Eastern Caribbean Partial Credit Guarantee Corporation (ECPCGC) now invites eligible “Consultants” to indicate their interest in providing the Services. Interested Consultants should provide information demonstrating that they have:

  • An Undergraduate Degree from a reputable college or university, preferably in Business, Finance, Banking or related field; and
  • Minimum of 5 years’ experience in MSME lending. Applicants should also have:
  • The ability to design and implement risk management procedures 
  • Extensive knowledge of MSME lending with some direct experience lending to small and medium-sized businesses
  • Extensive knowledge of MSME banking operations
  • Knowledge of the internal controls necessary for a lending operation and the ability to design and implement risk management procedures
  • Experience developing and presenting information in public, including responding to questions in real-time
  • Experience lending to MSMEs located in the ECCU
  • Knowledge of marketing and communicating with the MSME sector
  • Ability to draft procedures to be used in a lending operation
  • Familiarity with the mechanics of a loan guarantee program
  • Exceptional written, oral, interpersonal, and presentation skills, and
  • Proficiency in the use of Microsoft Office suite.

The attention of interested Individual Consultants is drawn to Section III, Paragraphs 3.14, 3.16, and 3.17 of the World Bank’s Procurement Regulations for IPF Borrowers July 2016, [revised November 2017] (“Procurement Regulations”), setting forth the World Bank’s policy on conflict of interest. A Consultant will be selected in accordance with the Approved Selection Method for Individual Consultants set out in the clause 7.34 of the World Bank Procurement Regulations for IPF Borrowers. 

 

Further information can be obtained at the address below during office hours 0800 to 1700 hours:

Eastern Caribbean Partial Credit Guarantee Corporation

Brid Rock, Basseterre,

St. Kitts.

Expressions of interest must be delivered in a written form by e-mail by August 11th, 2021, to [email protected]

 

For further information, please contact:

Carmen Gomez-Trigg                                                            Bernard Thomas

Chief Executive Officer                                                          Chief Financial Officer

Tel: 868-620-8144                                                                  Tel: 869-765-2385

Email: [email protected]                                          [email protected]