Financial Inclusion Officer Job Vacancy in Asmara, Eritrea – Banking & Finance

Job Description

Position:Financial Inclusion Officer

Company:World Bank

Location:Asmara, Eritrea

Experience:3-5 years in financial inclusion, microfinance, or related fields

Education:Bachelor’s degree in Finance, Economics, Business Administration or related field

Employment Type:Full-time

Industry:Banking & Finance

Department:Credit & Risk Management

Salary:SSP 150,000 – 250,000 per month

Vacancies:1

Company Overview

The World Bank is a global development institution dedicated to reducing poverty and supporting sustainable development worldwide. With a strong presence in Africa, the World Bank collaborates with governments, private sector partners, and civil society to design and implement projects that foster inclusive economic growth. In Eritrea, the World Bank supports initiatives that improve financial access, promote entrepreneurship, and strengthen the resilience of vulnerable communities. This role offers a unique opportunity to contribute to transformative projects that align with the Bank’s mission of shared prosperity.

As part of its commitment to fostering inclusive finance, the World Bank in Eritrea works closely with local banks, microfinance institutions, and community organizations to expand access to affordable credit and financial services. The institution’s reputation for rigorous analysis, innovative solutions, and impact-driven results makes it an attractive employer for professionals seeking to make a meaningful difference in the region.

Job Overview

The Financial Inclusion Officer will lead the design, implementation, and monitoring of financial inclusion strategies aimed at increasing access to formal financial services for underserved populations across Eritrea. This role involves conducting market assessments, developing partnership frameworks, and supporting the rollout of digital financial solutions that empower low‑income households and small enterprises.

Working closely with the Credit & Risk Management team, the officer will ensure that inclusion initiatives align with risk policies while promoting sustainable growth. The position also requires regular interaction with government agencies, NGOs, and private sector partners to coordinate efforts and maximize impact.

For more information about our mission and current openings, please visit our main portal: https://eritreajobsearch.com.

Key Responsibilities

• Conduct comprehensive market research to identify gaps in financial service coverage and assess the needs of low‑income households and micro‑enterprises.
• Develop and implement financial inclusion strategies, including digital payment platforms, micro‑credit products, and savings schemes.
• Collaborate with local banks, microfinance institutions, fintech startups, and NGOs to design inclusive financial products.
• Monitor and evaluate the performance of inclusion initiatives, preparing detailed reports for senior management and donors.
• Provide technical assistance and capacity‑building support to partner institutions to ensure compliance with risk and regulatory standards.
• Lead stakeholder engagement workshops and training sessions to promote financial literacy among target communities.
• Prepare policy briefs and recommendations for the Eritrean government to enhance the regulatory environment for inclusive finance.

Required Skills

• Strong analytical abilities with experience in data‑driven decision making.
• Excellent communication and negotiation skills for multi‑stakeholder environments.
• Proficiency in financial modeling, risk assessment, and impact measurement.
• Knowledge of digital financial services, mobile money, and fintech innovations.
• Fluency in English and Arabic; proficiency in Tigrinya is an advantage.
• Ability to work independently and as part of a multidisciplinary team.

Education

A minimum of a Bachelor’s degree in Finance, Economics, Business Administration, Development Studies, or a related discipline is required. Advanced degrees or certifications in microfinance, financial inclusion, or development economics are highly desirable.

Experience

Applicants should have 3‑5 years of relevant experience in financial inclusion, microfinance, or development finance, preferably within the African context. Experience managing partnerships with public and private sector entities is essential.

Salary

The position offers a competitive salary ranging from SSP 150,000 to SSP 250,000 per month, commensurate with experience and qualifications. Additional performance‑based incentives may be provided.

Benefits

• Comprehensive health insurance coverage.
• Retirement savings plan.
• Paid annual leave and public holidays.
• Professional development allowance.
• Opportunities for international assignments and knowledge exchange.

Training

• On‑boarding program covering World Bank policies, Eritrean financial sector regulations, and inclusion best practices.
• Continuous learning workshops on digital finance, data analytics, and impact assessment.
• Access to World Bank’s global learning platform and mentorship network.

Working Environment

The role is based in Asmara’s central business district, offering a modern office environment with collaborative spaces, high‑speed internet, and access to a diverse team of experts. Flexible working arrangements, including occasional remote work, are supported to promote work‑life balance.

Application Process

Interested candidates should submit an online application through our career portal, attaching a tailored CV and a cover letter outlining relevant experience and motivation. Applications will be reviewed on a rolling basis until the position is filled. For additional career opportunities across the region, visit: https://gambiajobsearch.com/.

Equal Opportunity Statement

The World Bank is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees, regardless of gender, ethnicity, disability, or background. All qualified applicants will receive consideration for employment. Explore more about our inclusive hiring practices at: https://algeriajobsearch.com/.

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