UN Capital Development Fund (HQ)

Country Coordinator

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Last update: Jan 23, 2024 Last update: Jan 23, 2024

Details

Deadline: Feb 5, 2024 Deadline for applications has passed
Location: Micronesia
Job type:Contract, 12 months +
Languages:
EnglishEnglish
Work experience: Min 2 years
Date posted:Jan 23, 2024

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Description

Background
Diversity, Equity and Inclusion are core principles at UNDP:  we value diversity as an expression of the multiplicity of nations and cultures where we operate, we foster inclusion as a way of ensuring all personnel are empowered to contribute to our mission, and we ensure equity and fairness in all our actions. Taking a ‘leave no one behind’ approach to our diversity efforts means increasing representation of underserved populations. People who identify as belonging to marginalized or excluded populations are strongly encouraged to apply. Learn more about working at UNDP including our values and inspiring stories.
UNDP does not tolerate sexual exploitation and abuse, any kind of harassment, including sexual harassment, and discrimination. All selected candidates will, therefore, undergo rigorous reference and background checks.

The United Nations Capital Development Fund (UNCDF) is the United Nations' flagship catalytic financing entity for the world’s 46 Least Developed Countries (LDCs). With its unique capital mandate and focus on the LDCs, UNCDF works to invest and catalyse capital to support these countries in achieving the sustainable growth and inclusiveness envisioned by the 2030 Agenda for Sustainable Development and the Doha Programme of Action for the least developed countries, 2022–2031. 

UNCDF’s financing models work through three channels: (1) inclusive digital economies, which connects individuals, households, and small businesses with financial eco-systems that catalyze participation in the local economy, and provide tools to climb out of poverty and manage financial lives; (2) local development finance, which capacitates localities through fiscal decentralization, innovative municipal finance, and structured project finance to drive local economic expansion and sustainable development; and (3) investment finance, which provides catalytic financial structuring, de-risking, and capital deployment to drive SDG impact and domestic resource mobilization.

UNCDF leverages digital finance in support of the Sustainable Development Goals (SDGs) to achieve the vision of promoting inclusive digital economies. On that basis, the Inclusive Digital Economies team adopted the strategy of ‘Leaving no one behind in the digital era’, which is based on over a decade of experience in digital finance in Africa, Asia and the Pacific . The goal of UNCDF is to empower millions of people by 2024 to use digital services, which improve their quality of life and accelerate our progress towards the sustainable development goals (SDGs).

In 2021, UNCDF started to tailor its new strategy to the Pacific context with three complementary programme initiatives that are part of a bigger portfolio approach to implement UNCDF’s strategy “Leaving no one behind in the digital era” in the Pacific region. These programmes are; The Pacific Digital Economy Programme (PDEP) , the Pacific Insurance and Climate Adaptation Programme (PICAP) , DFS for Resilience programme (DFS4Resilience) . Furthermore, as a UN agency with a unique investment mandate, UNCDF is expanding its interventions that incorporate blended finance (grants, loans, guarantees and technical assistance) in various thematics ranging from digital economy, climate change, and green/blue economy . 

The Country Coordinator will coordinate UNCDF’s work in Federates State of Micronesia (FSM) and Republic of Marshall Islands (RMI). He/she will be responsible for activities, outputs and outcomes under UNCDF’s programmes and the blended finance portfolio in Federated States of Micronesia and Republic of Marshall Islands.

This involves working closely with UNCDF partners, from the government (such as relevant Ministries and regulatory authorities), the private sector (including but not limited to commercial banks, mobile network operators, fintechs, insurance companies, remittance service providers etc), as well as development partners, such as other UN Agencies, donor organizations and NGO’s. 

The Country Coordinator will be reporting to the UNCDF Regional Manager and will be based in Palikir - Federated State of Micronesia (FSM). He/she will be responsible for activities, outputs and outcomes under the above-mentioned programmes and UNCDF portfolio in FSM and RMI. 

Duties and Responsibilities:

Under the supervision of the UNCDF´s Regional Manager, the Country Coordinator will be the key person on the ground to structure the UNCDF engagement in the country and will undertake the following activities:
  • Coordinate the implementation of UNCDF’s programme activities in the countries that includes the management of project implementation according to the country strategies, annual work plan, quality assurance and ensuring achievement of outputs. 
  • Support the development of a pipeline of innovative projects and initiatives using UNCDF’s Technical Assistance facilities and blended finance instruments (e.g. grants, loans and guarantees);
  • Supervise and manage volunteers/interns/consultants, who may be onboarded depending on project requirements. 
  • Evaluate performance and provide guidance and mentorship for personnel working on programme implementation. 
  • Build and maintain strategic partnerships, capitalize on business opportunities and support in resource mobilization for the strategy in the region;
  • Support relevant ministries and other entities from the Governments, regulators to improve the countries policy and regulations;
  • Support in partner relationship management with financial service providers like commercial banks, insurance service providers, fintechs, mobile money operators, remittance service providers etc. through financial and technical support from UNCDF;
  • Represent UNCDF in all country level workshops, conferences and other events where UNCDF is invited;
  • Facilitate country visits of regional technical specialists and other colleagues by liaising with partners in organizing meetings;
  • Support timely reporting from partners that have received support as may be required;
  • Contribute to knowledge management and communication by writing blog posts, focus notes etc.; 
  • The incumbent performs other duties within their functional profile as deemed necessary for the efficient functioning of the Office and the Organization.

Results/Expected Outputs

  • Robust relationships with Government departments, financial services stakeholders, donors and other development partners; 
  • A portfolio and pipeline of high quality and innovative projects and other initiatives to support the development of FSM’s and RMI’s digital finance, digital economy and SDG financing; 
  • Increased visibility and recognition by UNCDF’s stakeholders in FSM and RMI for its expertise and capacity to deliver development outcomes for an inclusive digital economy. 
  • The development of capacity through coaching, mentoring and formal on-the-job training, when working with (including supervising) national staff or (non-) governmental counterparts, including Implementing Partners (IPs);
  • Age, Gender and Diversity (AGD) perspective is systematically applied, integrated and documented in all activities throughout the assignment.

Competencies:

Core competencies

  • Achieve Results: LEVEL 2: Scale up solutions and simplifies processes, balances speed and accuracy in doing work
  • Think Innovatively: LEVEL 2: Offer new ideas/open to new approaches, demonstrate systemic/integrated thinking
  • Learn Continuously: LEVEL 2: Go outside comfort zone, learn from others and support their learning
  • Adapt with Agility: LEVEL 2: Adapt processes/approaches to new situations, involve others in change process
  • Act with Determination:  LEVEL 2: Able to persevere and deal with multiple sources of pressure simultaneously
  • Engage and Partner: LEVEL 2: Is facilitator/integrator, bring people together, build/maintain coalitions/partnerships
  • Enable Diversity and Inclusion: LEVEL 2: Facilitate conversations to bridge differences, considers in decision making 

People Management competencies:

  • UNDP People Management Competencies can be found in the dedicated site

Cross-Functional & Technical competencies:

Business Direction & Strategy    

  • Effective Decision Making: Ability to take decisions in a timely and efficient manner in line with one’s authority, area of expertise and resources.
  • Negotiation & Influence: Ability to reach an understanding, persuade others, resolve points of difference, gain advantage in the outcome of dialogue, negotiates mutually acceptable solutions through compromise and creates win-win situations.
  • System thinking: Ability to use objective problem analysis and judgement to understand how interrelated elements coexist within an overall process or system, and to consider how altering one element can impact on other parts of the system.

Business Management  

  • Communication: Ability to communicate in a clear, concise and unambiguous manner both through written and verbal communication; to tailor messages and choose communication methods depending on the audience; Ability to manage communications internally and externally, through media, social media and other appropriate channels

Digital and Innovation    

  • Digital Inclusion: Knowledge of how digital inclusion work, opportunities and challenges for governments and society

Business Management  

  • Digital Awareness and Literacy: Ability and inclination to rapidly adopt new technologies, either through skillfully grasping their usage or through understanding their impact and empowering others to use them as needed.

Partnership Management           

  • Private Sector Engagement: Ability to identify, conduct outreach and manage relationships with the private sector.
Required Skills and Experience:
Education:
  • Advanced university degree (master's degree or equivalent) in Economics, Finance, Accounting, Development Studies, Management or related field is required. Or;
  • A first-level university degree (bachelor’s degree) in combination with an additional two years of qualifying  experience will be given due consideration in lieu of the advanced university degree
Experience:
  • Minimum 2 years (with masters degree) or 4 years (with bachelors degree) of progressive experience in financial services or digital economy related areas, such as with commercial banks, development banks, payments service providers, eCommerce, FinTech, insurance or any other type of financial institution is required.
  • Solid experience in financial services and/or digital economy sector (e.g. Digital Finance, FinTech, InsurTech, eCommerce, Telco, etc); Expertise in Digital Payments, Financial Inclusion and Access to finance 
  • Experience working on legal and regulatory issues related to Digital Finance and Financial Inclusion is considered an advantage.
  • Experience in coordinating with internal and external stakeholders on projects is desired.
  • Experience working in development countries is considered an advantage.
  • Experience working with development partners, such as UN organizations or other multilateral organizations (e.g. World Bank, IFC, ADB) or donor agencies is considered an advantage.
  • Strong prior experience in planning and organizational skills; ability to prioritize and work independently.
  • Computer and IT skills in Microsoft applications

Required Language

  • English