Investment Officer
Agency UNCDF
Title Investment Officer
Job ID 37129
Practice Area - Job Family Management - INVESTMENT OFFICER, Capacity Development - INVESTMENT OFFICER
Duty Station Dar es Salaam, Tanzania, United Republic of
Education & Work Experience I-Master's Level Degree - 2 year(s) experience
Languages
Required: English
Desired: Swahili
Grade NOB
Vacancy Type FTA Local
Posting Type External
Bureau Africa
Contract Duration 2 Year with possibility for extension
Open only for Tanzania Nationals and People with disability are encouraged to apply.
Agency UNCDF
Title Investment Officer
Job ID 37129
Practice Area - Job Family Management - INVESTMENT OFFICER, Capacity Development - INVESTMENT OFFICER
Duty Station Dar es Salaam, Tanzania, United Republic of
Education & Work Experience I-Master's Level Degree - 2 year(s) experience
Languages
Required: English
Desired: Swahili
Grade NOB
Vacancy Type FTA Local
Posting Type External
Bureau Africa
Contract Duration 2 Year with possibility for extension
Open only for Tanzania Nationals and People with disability are encouraged to apply.
Recommended:
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Background
The UN Capital Development Fund makes public and private finance work for the poor in the world’s 46 least developed countries (LDCs). UNCDF offers “last mile” finance models that unlock public and private resources, especially at the domestic level, to reduce poverty and support local economic development.
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 drives structural transformation of localities through policy and regulatory reform, fiscal decentralization, innovative municipal finance, and project finance to unlock capital flows to the local level, combined 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’s Local Development Finance Practice (LD) aims to be center of excellence and innovative fund for local government finance and local economic development finance in the world’s 46 LDCs. LD promotes and supports transformative investments through local governments and domestic financial institutions (banks, pension funds) in LDCs by piloting and scaling up innovative financing mechanisms and policies in the public and private sectors. UNCDF’s work in Local Development Finance is best understood as an appreciation that the local dimension to development is essential for least developed countries (and least developed regions in all developing countries) to transform their economies and societies into an inclusive, diverse and sustainable system for human realization and planetary health. Local development is clearly defined not just as a local initiative, because everything happens somewhere, but as an initiative that draws from local assets to add value that is inclusively shared locally: infrastructure, services, value chains and environmental value – in other words an initiative with transformative impact.
The Local Finance Initiative (LFI) programme is designed to unlock the flow of capital to invest small and medium-sized infrastructure projects that are required to accelerate local economic development and private sector development. It is a UNCDF front office capacity that help to deliver local economic development in collaboration with national institutions, local authorities and SMEs in developing countries. Furthermore, LFI through the UNCDF’s International Municipal Investment Fund Technical Assistance Facility (IMIF-TAF) help municipalities to prepare projects to be investment ready and support to ensure that they meet the requirements for accessing financial markets.
The UNCDF is seeking to hire an experienced Investment Officer with expertise in developing and financing municipal investment projects and the formulation of public private partnership investment frameworks. The Investment officer will be based in Tanzania and work under the direct supervision of the Global LFI Manager based in Dar es Salaam, Tanzania. There is a secondary coordination reporting line to the Municipal Investment Finance (MIF) Manager based in New York.
Duties and Responsibilities
Summary of Key Functions
Organization and facilitation of project development and financing activities of the IMIF-TAF investment pipeline - 40%
Organization and facilitation of key LFI and Tanzania country programme activities related to commercially viable investments, project development, transaction structuring and financing - 40%
Knowledge mangement, capacity development and support to develop and disseminate knowlege tools for IMIFTAF and Global LFI work -20%
1. Organization and facilitation of project development and financing activities of the IMIF-TAF investment pipeline: 40%
2. Organization and facilitation of key Global LFI and Tanzania country programme activities related to commercially viable investments, project development, transaction structuring and financing: 40%
3. Capacity development of key stakeholders of the programme in the areas of commercially viable investments: 20%
Competencies
Required Skills and Experience
Education:
Experience:
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Language Requirements:
Fluency in English and Swahili essential
Disclaimer
Important applicant information
All posts in the GS categories are subject to local recruitment.
Applicant information about UNDP rosters
Note: UNDP reserves the right to select one or more candidates from this vacancy announcement. We may also retain applications and consider candidates applying to this post for other similar positions with UNDP at the same grade level and with similar job description, experience and educational requirements.
Scam warning
The United Nations does not charge any application, processing, training, interviewing, testing or other fee in connection with the application or recruitment process. Should you receive a solicitation for the payment of a fee, please disregard it. Furthermore, please note that emblems, logos, names and addresses are easily copied and reproduced. Therefore, you are advised to apply particular care when submitting personal information on the web.
Vacancy End Date (Midnight New York, USA) 18/05/2021 PAST PAPERS ZA DARASA LA 7 MPAKA FORM SIX | NECTA AND MOCK EXAMS 1988 - 2019. CLICK HERE!
Background
The UN Capital Development Fund makes public and private finance work for the poor in the world’s 46 least developed countries (LDCs). UNCDF offers “last mile” finance models that unlock public and private resources, especially at the domestic level, to reduce poverty and support local economic development.
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 drives structural transformation of localities through policy and regulatory reform, fiscal decentralization, innovative municipal finance, and project finance to unlock capital flows to the local level, combined 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’s Local Development Finance Practice (LD) aims to be center of excellence and innovative fund for local government finance and local economic development finance in the world’s 46 LDCs. LD promotes and supports transformative investments through local governments and domestic financial institutions (banks, pension funds) in LDCs by piloting and scaling up innovative financing mechanisms and policies in the public and private sectors. UNCDF’s work in Local Development Finance is best understood as an appreciation that the local dimension to development is essential for least developed countries (and least developed regions in all developing countries) to transform their economies and societies into an inclusive, diverse and sustainable system for human realization and planetary health. Local development is clearly defined not just as a local initiative, because everything happens somewhere, but as an initiative that draws from local assets to add value that is inclusively shared locally: infrastructure, services, value chains and environmental value – in other words an initiative with transformative impact.
The Local Finance Initiative (LFI) programme is designed to unlock the flow of capital to invest small and medium-sized infrastructure projects that are required to accelerate local economic development and private sector development. It is a UNCDF front office capacity that help to deliver local economic development in collaboration with national institutions, local authorities and SMEs in developing countries. Furthermore, LFI through the UNCDF’s International Municipal Investment Fund Technical Assistance Facility (IMIF-TAF) help municipalities to prepare projects to be investment ready and support to ensure that they meet the requirements for accessing financial markets.
The UNCDF is seeking to hire an experienced Investment Officer with expertise in developing and financing municipal investment projects and the formulation of public private partnership investment frameworks. The Investment officer will be based in Tanzania and work under the direct supervision of the Global LFI Manager based in Dar es Salaam, Tanzania. There is a secondary coordination reporting line to the Municipal Investment Finance (MIF) Manager based in New York.
Recommended:
CHECK SCHOLARSHIPS OPPORTUNITIES TO STUDY ABROAD CLICK HERE! Duties and Responsibilities
Summary of Key Functions
Organization and facilitation of project development and financing activities of the IMIF-TAF investment pipeline - 40%
Organization and facilitation of key LFI and Tanzania country programme activities related to commercially viable investments, project development, transaction structuring and financing - 40%
Knowledge mangement, capacity development and support to develop and disseminate knowlege tools for IMIFTAF and Global LFI work -20%
1. Organization and facilitation of project development and financing activities of the IMIF-TAF investment pipeline: 40%
- Manage a portfolio and provide specialized project development and due dilligience support that will lead to the financial closure of municipal investment projects. The activities will include but not limited to the following: credit analysis (including financial model), legal review, technical appraisal, procurement, environmental and social integrity due diligence; governance and political;
- Prepare project financing documentation to present to investment committes, potential lenders and investors having clear, transparent and relevant information that is in accordance with international standards;
- Interact with local stakeholders (such as central and local government officials, private sector banks, equity investors, project sponsors, development partners, etc.) during investment identification, project development life cycle and during external financing stages;
- Integrate and work efficiently and effectively with a team of international consultants supporting IMIF project pipeline development;
- Provide reports in the format agreed upon and other adhoc and periodic reporting;
- Timely planning, budgeting and reporting in accordance with the guidelines of the Implementing Partner, UNCDF and Global LFI Secretariat.
2. Organization and facilitation of key Global LFI and Tanzania country programme activities related to commercially viable investments, project development, transaction structuring and financing: 40%
- Perfom Peer Review of the investments managed by the network of Global LFI investment officers including the Tanzania country programme pipeline
- Supervise the work of associate investment officers and consultants;
- Provide targeted technical support to municipal project sponsors to prepare their projects to be investment ready for PPPs and municipal bonds. This includes review of technical feasibility studies, collection of relevant data to enhance business plans and confirm project bankability, technical due diligence market assessment, and advisory services;
- Provide support to local government and other public sector partners in the PPP steps of procurement, tendering, assessment, approval, concession agreement, contract management and performance management. Develop investment projects using single purpose investment vehicles (SPV)‘s;
- Provide support to the public partners in the areas of legal, policy, regulatory, risk management etc and other areas of the enabling environment;
- Facilitate the required technical studies under guidance of the Global LFI Secretariat by engaging the project sponsors, consultants, local authorities and communities as appropriate, including the development of TORs that reflect project finance requirements and support of the procurement processes;
- Prepare and facilitate technical missions for investment projects validation and pipeline development;
- Liaise closely with UNCDF local development finance investment committee and impact teams responsible for measurement of transformative impact of investment projects, including in climate change, food security, women’s economic empowerment and local economic development. Exchange data and information to ensure that selected projects meet the criteria for transformational impact.
3. Capacity development of key stakeholders of the programme in the areas of commercially viable investments: 20%
- Provide support and awareness training to key stakeholders including the local governments, capital markets, private sector and relevant ministries, ensuring programme knowledge generation and dissemination, including support to the development of IMIF-TAF and LFI tools and toolkits, case studies, briefs, research documents, and client impact evaluations.
- Support the development of training materials and workshops related to the work of IMIF-TAF and Global LFI .
- Provide specialist input in the development and application of municipal bonds; SPVs; PPP processes and tools to facilitate knowledge transfer, training, and development of capacities of local stakeholders in the public and private sectors.
Competencies
- Job Knowledge and required technical expertise;
- Client Orientation;
- Building Partnerships;
- Demonstrate corporate knowledge and sound judgment;
- Self-development, initiative-taking;
- Acting as a team player and facilitating team work;
- Facilitating and encouraging open communication in the team, communicating effectively;
- Creating synergies through self-control;
- Managing conflict;
- Learning and sharing knowledge and encourage the learning of others. Promoting learning and knowledge management/sharing is the responsibility of each staff member;
- Informed and transparent decision making.
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Education:
- Master of Business Administration (MBA) or Masters in accounting, finance, or financial management is required. In addition, a Bachelor’s degree in accounting, finance, economics, engineering or a related field of the position with additional years of experience is also acceptable.
- A Certified Public Accountant (CPA) qualification is an advantage
Experience:
- Minimum two years of relevant experience in areas of municipal investment finance and the provision of technical assistance to public and private sector project sponsors;
- Demonstrated experience of developing and financing commercially viable investments from both the public and private sector. Demonstrated experience of developing and defending investment recommendations for review and approval by investment committees of a fund, lender or investor. Demonstrated experience in development of investment projects through the entire project development life cycle and the financing stages for investments through single purpose investment vehicles (SPV)‘s;
- Demonstrated experience of creation and evaluation of advanced and complex financial models;
- Practical experience of working with PPP models, municipal bonds and sub-national finance;
- Demonstrated experience of project proposals evaluation and assessment of economic and technical feasibility.. This involves the initial screening of project application package, desk review and evaluation of financials and business plans, preparing evaluation notes for presentation to the Management Technical Team to determine a project’s suitability for investment, and detailed project concept notes to obtain clearance for full appraisal or fact-finding field trips;
- Practical experience of carrying out independent research on the investment climate for municipal investment finance, project sponsors, management, and economic, financial, marketing, technical, environmental and legal aspects of the project;
- Demonstrates ability to engage across multiple stakeholders, including project sponsors, government partners and financial institutions;
- Demonstrates comprehensive knowledge of information technology and applies it in work assignments.
Free CV Writing and Download, Cover/Job Application Letters, Interview Questions and It's Best Answers plus Examples. Click Here!
Language Requirements:
Fluency in English and Swahili essential
Disclaimer
Important applicant information
All posts in the GS categories are subject to local recruitment.
Applicant information about UNDP rosters
Note: UNDP reserves the right to select one or more candidates from this vacancy announcement. We may also retain applications and consider candidates applying to this post for other similar positions with UNDP at the same grade level and with similar job description, experience and educational requirements.
Scam warning
The United Nations does not charge any application, processing, training, interviewing, testing or other fee in connection with the application or recruitment process. Should you receive a solicitation for the payment of a fee, please disregard it. Furthermore, please note that emblems, logos, names and addresses are easily copied and reproduced. Therefore, you are advised to apply particular care when submitting personal information on the web.
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