Credit Union Expert (Short-term Consultancy)

World Council of Credit Unions
  • Location
    Kyiv, Ukraine
  • Sector
    Non Profit
  • Experience
  • Apply by
  • Posted
    Feb 06

Position description


Issued on:  February 5, 2020

Submit by:  February 15, 2020

For:   Credit Union Regulator Trainings: Supervision and Audit of Credit Unions - Capacity Building of Regulator staff;

Location:  Kyiv, Ukraine

Period of Performance: March – June 2020




The Credit for Agriculture Producers (CAP) Project is a four-year project (2016-2020) funded by the United States Agency for International Development that is implemented by World Council of Credit Unions (WOCCU). The purpose of the project is to strengthen the credit union (CU) sector in Ukraine to improve the quality of the financial services and products offered to farmers and agribusinesses in rural areas in Ukraine. The CAP Project supports broad-based resilient economic development through a multi-faceted approach to further develop Ukraine’s credit union sector.




World Council of Credit Unions is seeking a credit union expert with experience in the European Union and with familiarity with the Ukrainian credit union market to carry out training for the new regulator – the National Bank of Ukraine (NBU) that will focus on CU supervision, with particular “on-site” and/or “off-site” inspections and examinations, as well as tools for CU financial data analysis from the perspective of early-warning and compliance. Training participants will be selected employees of the NBU.


Specific objectives of the consultancy include: 


  1. Prepare training materials and conduct trainings for the staff NBU staff in Kyiv covering the following topics:


    1. Cooperative / credit union market supervision – overview an example from a European Union:
      1. Cooperative/credit union market – structure of supervision;
      2. Negotiations between Supervision Authorities, Cooperative Banks Audit Associations and Cooperative banks. Specifics of audit procedure on request of Supervision Authorities; and
      3. Elements of proper supervision process


    1.  Methodology and key elements of audit – practical approaches:
      1. Risk management;
      2. Loan portfolio quality;
      3. Reporting; and
      4. Governance.


    1. Applicability for the Ukrainian CU market regulation.


  1. Following the first training, if requested by NBU, provide additional follow-up training on topics identified jointly by NBU and CAP.


The trainings should include practical exercises, tools and examples from other countries.




The initial consultancy will take place between March and April 2020. The anticipated work will include up to*: 


  • 3 days of preparation and drafting training materials; 
  • Up to 2 estimated days of training in Kyiv, Ukraine;
  • 1 day post-trip for writing training trip reports; and
  • Up to 1.5 travel days.


*These figures are best estimates and might slightly vary upon assignment finalization


As noted above, additional follow-up training may be requested following the first training. Additional trainings, if requested, are anticipated to run through July 2020.



  1. Training materials in Microsoft PowerPoint and/or Word formats in English or Russian or Ukrainian language.
  2. Report after training with evaluation of participants skills and recommendation for next training activity.



  • Master’s degree in finance, economics, international development or a related field;
  • At least 10 years of experience inspection or audit for financial cooperatives;
  • Strong working knowledge of Ukrainian credit unions, their systems and market highly preferred;
  • Experience in credit union market development, staff training and management at a senior leadership level;
  • Working knowledge of Central and Eastern European Credit Union markets strongly preferred;
  • Creativity, dedication and a passion for the subject area and strategic planning and execution;
  • Experience conducting multi-day trainings to credit union executive leadership, management, and staff;
  • Proficiency in written English, Russian or Ukrainian language is highly preferred, but not required, and a translator will be provided if needed; and
  • Computer proficiency (Microsoft Word, Excel, and PowerPoint).

Application instructions

To apply, please submit the following to [email protected] by February 15, 2020.

  • A copy of your CV;
  • Cover letter detailing why you can do the work, including your relevant work and training experience;
  • Proposed rate; and
  • Should your application be selected for consideration, WOCCU will request contact information for 2-3 references.



This bid solicitation in no way obligates World Council of Credit Unions to award a contract, nor does it commit World Council of Credit Unions to pay any costs incurred in the preparation and submission of the application. World Council of Credit Unions reserves the right to vary any part of this bid solicitation at the time of award if it becomes necessary.

follow us on Twitter