The world of finance is evolving and playing an increasingly crucial role in supporting NGOs and financing humanitarian crises. Beyond traditional donor funding for humanitarian crises, more and more financial instruments focused on social impact are emerging. These include social impact bonds, participatory finance, new forms of insurance and other mechanisms that enable investors to support projects with a positive social impact, including humanitarian initiatives. The private sector is also realizing that it has a role to play in making human and financial resources available for actions that have a positive impact on the world and society around us. They know that investors are increasingly looking for investment opportunities aligned with social and environmental objectives.
Finally, some innovative financial mechanisms, such as catastrophe bonds, are designed to provide rapid financing in the event of a humanitarian crisis. These instruments are structured to trigger funds as soon as an emergency situation arises.
At MSF, we’re looking for someone who can model these initiatives and put them to work for our NGO, to finance our humanitarian response in a different way.
Analyze innovative financial and insurance products and mechanisms corresponding to MSF’s needs and requirements, with a view to financing our humanitarian response in new ways.
Investigate new forms of solidarity in the world of finance
Pursue ongoing research and discussions with our partner AON, as well as with other external partners, on the modelling of an insurance fund for humanitarian catastrophes.
To map out and make intelligible the mechanisms for financing emergencies within the MSF movement. If the feasibility studies are satisfactory and the project is viable, draft a “concept note” together with a provisional budget for the creation of this fund, which will be presented to MSF international bodies.
Business school or Master’s degree in Finance / Insurance – 5 years’ higher education in banking, economics, taxation, law or equivalent experience of at least 5 years in banking.
Required skills in financial innovation, project management and knowledge of the insurance industry
Previous experience in similar projects with NGOs or social organizations.
French and English required
OUR MANAGERIAL VALUES ARE YOUR PERSONAL VALUES: Respect, Transparency, Accountability, Integrity, Trust, Empowerment
Adhere to our Behavioral commitments
Understanding of the challenges of the humanitarian sector
Aptitude for analysis and research
Ability to develop and project innovation
Autonomy, sense of priorities and organization
Thoroughness and ability to summarize
Ability to interact with management and other stakeholders
6-month full-time fixed-term contract
Position based in Luxembourg* with the possibility of teleworking up to 2 days a week
*Other location/s where there is a contractual MSF entity within maximum +/- 3 hours difference to Luxembourg time zone could be exceptionally discussed. The final outcome depends on local legal limitations (residency, work permit, etc.) and on agreement with the MSF contracting office MSF entity/office of the/se location/s.
If based in Luxembourg:
Gross monthly salary from 3850 euros according to MSF experience or related
18 lunch vouchers with a face value of €8.40 (2/3 paid by MSF)
If other location: a local contract and MSF standard salary grid will then apply.
Starting date: as soon as possible