Background

The UN Capital Development Fund (UNCDF) is the UN’s capital investment agency for the world’s 49 least developed countries. It focuses on Africa and the poorest countries of Asia and the Middle East, with a special commitment to countries emerging from conflict or crisis. Within its economic development mandate UNCDF specializes in public and private financing mechanisms that catalyse economic growth and make it more inclusive and sustainable.

Through country programmes and global thematic programmes, UNCDF offers a unique combination of investment capital, capacity building and technical advisory services to promote Local Development Finance and Inclusive Finance in the Least Developed Countries (LDCs). UNCDF’s Local Development Finance Initiative (LFI) is an innovative programme designed to unlock financial sectors in developing countries for financing small and medium-sized infrastructure projects that are needed for local economic and private sector development.

The LFI Finance Specialist will work under the direct supervision of the LFI Chief Technical Advisor (CTA), based in Dar Es Salaam.

Duties and Responsibilities

  • Organization and facilitation of key programme activities related to project development and project finance;
  • Capacity building and knowledge management;
  • Project management and resource mobilization.

Competencies

Functional Competencies
 
 Building Strategic Partnerships:
  • Makes effective use of UNCDF’s resources and comparative advantage to strengthen partnerships;
  • Creates networks and promotes initiatives with partner organizations;
  • Strong networking capabilities and ability to associate him/herself with a range of actors (including policy makers, regulators, FSPs and donors) with a view to building relations and facilitating links;
  • Resource mobilization experience and record of success in reporting to and managing donor grants and reporting mechanisms.
 Innovation and Marketing New Approaches
  • Creates an environment that fosters innovation and innovative thinking;
  • Conceptualizes more effective approaches to programme development and implementation and to mobilizing and using resources.
  Client Orientation
  • Anticipates constraints in the delivery of services and identifies solutions or alternatives;
  • Proactively identifies, develops and discusses solutions for internal and external clients, and persuades management to undertake new projects or services;
  • Advises and develops strategic and operational solutions with clients that add value to UNCDF programmes and operations.
Core Competencies
  • Managing complex projects and processes, with strong organizational and communication skills;
  • Developing programme activities, planning events, preparing presentations, and conducting training events;
  • Promoting ethics and integrity, creating organizational precedents;
  • Building support and political acumen;
  • Building staff competence, creating an environment of creativity and innovation;
  • Ability to work and excel in a small team environment;
  • Good listener with demonstrated ability to present and win support for ideas as well as make effective and timely decisions;
  • Creating and promoting enabling environment for open communication;
  • Sharing knowledge across the organization and building a culture of knowledge sharing and learning;
  • Fair and transparent decision-making; calculated risk-taking.

Required Skills and Experience

Education:
  • A Master’s Degree in Business Administration, Finance, Banking or related areas, plus preferably a Bachelor Degree in engineering, finance or economics.
Experience:
  • A minimum of five (5) years progressively more responsible relevant experience;
  • Knowledge of investment, finance and project analysis tools and methodologies;
  • Proven experience in managing a portfolio of projects and investments;
  • Experience in providing advisory service on project formulation, project development cycles and project within the private or public sector;
  • Experience in the usage of computers and office software packages (MS Word, Excel, etc.) and advance knowledge of web based management systems.
Language:
  • Fluency in English required. Working knowledge of Swahili and any other UN language is an asset.