Financial Solutions for Cross-border Refugee Migration Programs

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May 25

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Labor Mobility Partnerships (LaMP)

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Non-profit • Government • Social Impact

Labor Mobility Partnerships (LaMP) is an organization focused on enhancing labor mobility to provide better job opportunities for half a billion workers from low-income countries by 2050. The organization addresses the challenges faced by both developing countries, with their growing workforce and limited jobs, and high-income countries, which require more workers to maintain their economic stability. LaMP works to foster multi-stakeholder partnerships that facilitate scalable and sustainable labor migration programs, responsible recruitment, and effective migration outcomes. By coordinating efforts across businesses, governments, and workers, LaMP provides technical assistance, coalition building, and evidence-based research to improve the quality and scale of labor mobility worldwide. The organization aims to create reliable, rights-respecting, and financially sustainable pathways for labor mobility, benefiting economies, employers, and workers globally.

11 - 50 employees

🤝 Non-profit

🏛️ Government

🌍 Social Impact

📋 Description

• The consultant will provide technical support and expertise in financial data collection and analysis, scenario evaluation, and financial solution development to facilitate the design of launch-ready labor migration programs from Latin America to Spain. • Cross-border labour migration involves significant costs and financial risks for various stakeholders. Some expenses—like airfare—may be reimbursed by employers or intermediaries, while others (e.g. language training) fall on the workers, who often lack the resources to cover them and resort to informal, high-risk lending. Additionally, the pace of international recruitment varies, and dropouts or certification failures introduce operational uncertainty and financial risk at multiple stages. • This role will map these costs, risks, and dynamics across different contexts, assess stakeholder willingness to absorb these costs and risks, and support in the development of a viable, scalable financial solution to close funding gaps and mitigate risk along the migration value chain. • You can read more about the costs and risks associated with labour migration in the following blog posts by Labor Mobility Partnerships: Balancing financial risk in international labour mobility (https://lampforum.org/2024/11/26/balancing-financial-risk-in-international-labor-mobility-programs/) Unlocking migration through finance (https://lampforum.org/2024/07/03/unlocking-migration-through-finance-a-loan-product-to-make-language-learning-accessible-for-aspiring-migrants/)

🎯 Requirements

• Fluency in Spanish and English • Experience collecting, analyzing, and reporting on quantitative and qualitative data • Understanding of a wide range of financial products and concepts (preferably including impact investment and results-based financing), with an ability to assess their relevance to a given context • Understanding of impact investment and innovative finances ecosystem and the opportunities and constraints it presents • Experience creating clear and professional financial models customized to the needs of a given project • Willingness to iterate on solutions in a team environment, incorporate new data as they emerge, and adapt financial models accordingly • Ability to imagine the ideal state for a future financial solution and propose the steps to arrive there (e.g. guide a team in understanding what steps will need to be taken for a credit applicant to be approved or what scale will be needed for a solution to be viable)