Background

The United Nations Development Programme (UNDP) is the global development network of the United Nations system that is on the ground in 177 countries, with its Headquarters in New York. UNDP’s AML/CFT Policy reflects UNDP’s values and priorities aimed at ensuring that organization remains a trusted development partner to its funding partners, programme governments, the general public and other stakeholders. The policy affirms UNDP’s continued commitment to combating money laundering and terrorist financing as well as to improve the due diligence around the delivery of projects and programs. UNDP’s budget exceeds 6 Billion USD, executing thousands of programs around the world. For more information, please visit the UNDP Transparency Portal https://open.undp.org

The AML/CFT Policy is a part of a broader set of policies, including UNDP’s Enterprise Risk Management (ERM) policy, aimed at ensuring that UNDP funds are used for the purposes intended. It lays out a set of basic principles for guidance to complement and strengthen other policies and procedures to raise awareness and facilitate the appropriate due diligence process to prevent, detect, and report activities linked to money laundering and financing of terrorism. 

As part of BMS/BPC, and reporting to the Director of BPC, the Risk/Compliance Expert will provide guidance, undertake research, draft documents,  and provide support to the formulation of the framework, processes and procedures for UNDP’s AML/CFT policy. The Risk/Compliance Expert will:

• Draft UNDP’s internal processes and procedures, including the AML/CFT vetting process and identify gaps in / linkages required to existing policies, contractual arrangements, informational content, and standard operating procedures (SOPs),
• Support UNDP with selecting and procuring additional tools, including third-party software, needed to close the existing gaps,
• Develop an internal communication plan and training strategy, including full consultation with each Regional Bureau and select  Country Offices,
• Formulate and provide training on AML/CFT screening, to build capacity and support the policy’s effective deployment, and
• Provide advice and assistance to UNDP Headquarters to establish a framework for ongoing AML/CFT screening advisory and support to regional bureaux and country offices, including training, monitoring, reporting, and corporate database/tool/policy maintenance. 

The Risk/Compliance Expert will work with country offices, regional bureaux, global programme teams and various headquarters units to support the implementation of the AML/CFT policy and help adjust UNDP’s policies and procedures based upon lessons learned.  BMS/BPC will provide documentation and make introductions to enable the Expert to undertake consultations with other business units within UNDP.

Duties and Responsibilities

Activities under this assignment are as follows:

1. Building on UNDP’s existing policy framework, draft internal processes, procedures and communications to guide UNDP’s decision-making process to become fully compliant with the new AML/CFT policy:

• Draft vetting processes and procedures to accompany the AML/CFT policy, including review of sanctions list, identification of designated entities and individuals, and roles and responsibilities for different staff.
• Coordinate among business units to identify gaps in existing UNDP policies to bring them into compliance with the new AML/CFT policy
• Establish internal governance structures to:
  • monitor the implementation and maintenance of UNDP’s AML/CFT Policy, including the review of business units’ application of AML/CFT procedures
  • establish the criteria and communication channels to elevate risks, potential investigations, and approvals to relevant senior management, internal committees, and the Office of Audit and Investigations (OAI) 
• Collect and synthesize lessons learned on their implementation to identify risks for the organization, share learning and inform UNDP management decision-making on required revisions to policies, procedures, and screening methods.

2.  Support process to identify and procure technical tools for AML/CFT screening and establish process for ongoing database management and record keeping of AML/CFT screening output:

• UNDP will launch a new Enterprise Resource Planning System (ERP) in July 2022. During the inception phase, the expert will be given a detailed run through of UNDP systems and tools. 

3. Ensure ongoing capacity building among headquarter business units and country office/bureau staff, through advocacy, knowledge management and formulation of prescriptive content, in the use of AML/CFT screening and identification.

• Develop related training content and deliver UNDP-wide training sessions through introductory webinars, with administrative support from the hiring unit;
• Develop detailed technical training content in English and deliver to country office/bureau staff required to perform AML/CFT screening and identification.
• Draft job descriptions for specialized AML/CFT vetting unit in BMS/BPC.
• Support BMS/BPC as needed with advisory and support on complex AML/CFT screenings, corporate reporting and monitoring, maintenance of the AML/CFT policy, tools and database, and ongoing trainings. 
• Contribute to the development of knowledge management processes.

The following list of deliverables is presented

Competencies

• Strategic Thinking: Ability to think strategically and analytically on complex and high priority subjects; Ability to identify strategic issues, opportunities and risks, and recommend decisions that align with strategy, vision, and mission
• Innovation: Exceptional ability to innovate and make new and useful ideas work
• Industry knowledge: regulatory requirements and industry developments are constantly changing to keep up with the latest tactics and trends in financial crime and money laundering, and up-to-date knowledge of the current regulatory landscape is essential
• Risk Assessment Capabilities: Risk assessment is a vital component of the risk/compliance function. It is important that the Risk/Compliance Expert takes into consideration all the factors that contribute towards AML/CFT screening  
• Financial knowledge and skills: Understanding of the general financial landscape as it pertains to latest trends and tactics in financial crime and money laundering
• Communication Skills: Written and verbal communication skills are crucial. The Risk/Compliance Expert must have the ability to communicate at all levels in the organization. Good presentational skills and ability to communicate technical issues effectively to “non-technical” personnel
• Detail-oriented: Attention to detail is required for all risk/compliance functions
• Partnerships: Engage with other development stakeholders and forge productive working relationships
• Project Management: Plan, organize, and control resources, procedures and protocols to achieve specific goals
• Sound negotiation skills
• Strong understanding of regulatory frameworks and financial instruments
• Firm understanding of AML/CFT screening tools

Required Skills and Experience

Academic qualifications:

• Master's degree in Law, Finance, Economics, Corporate Finance, Business Administration, or a professional risk management qualification from an internationally recognized risk management association, required

Experience:

• Minimum10 years relevant experiencein drafting policies, procedures and tools on Anti-Money Laundering and Terrorism Financing is required. 
• Demonstrated success in implementation and compliance monitoring of said policies, procedures and tools in at least 2 projects is required.
• Experience with specially designated nationals and blocked persons data is required.
• Experience in undertaking analysis as well as advising and undertaking consultations with internal stakeholders, desirable.
• Experience in designing internal communications and training, desirable.
• Experience in procedures formulation and interpretation roles for large organizations, desirable.
• Experience dealing with more than one sanctioning entity is an advantage,
• Previous relevant experience with an international development organization is an advantage.

Language:

• Fluency in written and spoken English is required.

Application Procedure

The application package containing the following (to be uploaded as one file):

• A cover letter with a brief description of why the Offer considers her/himself the most suitable for the assignment;
• Personal CV or P11, indicating all past experience from similar projects and specifying the relevant assignment period (from/to), as well as the email and telephone contacts of at least three (3) professional references.

Note: The above documents need to be scanned in one file and uploaded to the online application as one document.

Shortlisted candidates (ONLY) will be requested to submit a Financial Proposal.

• The financial proposal shall specify a total lump sum amount, and payment terms around the specific and measurable deliverables of the TOR. Payments are based upon output, i.e. upon delivery of the services specified in the TOR, and deliverables accepted and certified by the technical manager. 
• The financial proposal must be all-inclusive and take into account various expenses that will be incurred during the contract, including: the daily professional fee; (excluding mission travel); living allowances at the duty station; communications, utilities and consumables; life, health and any other insurance; risks and inconveniences related to work under hardship and hazardous conditions (e.g., personal security needs, etc.), when applicable; and any other relevant expenses related to the performance of services under the contract.
• This consultancy is a home-based assignment, therefore, there is no envisaged travel cost to join duty station/repatriation travel. 
• In the case of unforeseeable travel requested by UNDP, payment of travel costs including tickets, lodging and terminal expenses should be agreed upon, between UNDP and Individual Consultant, prior to travel and will be reimbursed. In general, UNDP should not accept travel costs exceeding those of an economy class ticket. Should the IC wish to travel on a higher class he/she should do so using their own resources.
• If the Offeror is employed by an organization/company/institution, and he/she expects his/her employer to charge a management fee in the process of releasing him/her to UNDP under a Reimbursable Loan Agreement (RLA), the Offeror must indicate at this point, and ensure that all such costs are duly incorporated in the financial proposal submitted to UNDP.

The Financial Proposal is to be emailed as per the instruction in the separate email that will be sent to shortlisted candidates.

Evaluation process

Applicants are reviewed based on Required Skills and Experience stated above and based on the technical evaluation criteria outlined below.  Applicants will be evaluated based on cumulative scoring.  When using this weighted scoring method, the award of the contract will be made to the individual consultant whose offer has been evaluated and determined as:

• Being responsive/compliant/acceptable; and
• Having received the highest score out of a pre-determined set of weighted technical and financial criteria specific to the solicitation where technical criteria weighs 70% and Financial criteria/ Proposal weighs 30%.

Technical evaluation - Total 70% (70 points):

• Criteria 1. Relevance of the experience in the area of AML/CFT  Weight = 20%; Maximum Points: 20;
• Criteria 2. Relevance of  thee experience in undertaking analysis as well as advising and undertaking consultations with internal stakeholders, Weight = 10 %; Maximum Points: 10;
• Criteria 3. Experience in designing internal communications and training Weight= 10 %; Maximum Points: 10;
• Criteria 4. Experience in procedures formulation and interpretation roles for large organizations Weight = 105 %; Maximum Points: 10.
• Criteria 5. Experience dealing with more than one sanctioning entity Weight = 5 %; Maximum Points: 5
• Criteria 6. Previous relevant experience with an international development organization  Weight = 5 %; Maximum Points:5 and

• Interview: Weight = 10 %; Maximum Points: 10.

Having reviewed applications received, UNDP will invite the top three shortlisted candidates for interview. Please note that only shortlisted candidates will be contacted.

Candidates obtaining a minimum of 70% (49 points) of the maximum obtainable points for the technical criteria (70 points) shall be considered for the financial evaluation.

Financial evaluation - Total 30% (30 points)

The following formula will be used to evaluate financial proposal:

p = y (µ/z), where

p = points for the financial proposal being evaluated

y = maximum number of points for the financial proposal

µ = price of the lowest priced proposal

z = price of the proposal being evaluated

Contract Award

Candidate obtaining the highest combined scores in the combined score of Technical and Financial evaluation will be considered technically qualified and will be offered to enter into contract with UNDP.

Institutional arrangement

The consultant will work under the guidance and direct supervision of Deputy Director and Chief of Budget - Budget, Performance & Compliance and will be responsible for the fulfilment of the deliverables as specified above.

The Consultant will be responsible for providing her/his own laptop.

Payment modality

• Payments are based upon output, i.e. upon delivery of the services specified above and deliverables accepted and upon certification of satisfactory completion by the manager. 

• The work week will be based on 35 hours, i.e. on a 7 hour working day, with core hours being between 9h00 and 18h00 daily. The consultant will be required to work NY hours.

Annexes (click on the hyperlink to access the documents):

Annex 1 - UNDP P-11 Form for ICs

Annex 2 - IC Contract Template

Annex 3 – IC General Terms and Conditions

Annex 4 – RLA Template

Any request for clarification must be sent by email to cpu.bids@undp.org 

The UNDP Central Procurement Unit will respond by email and will send written copies of the response, including an explanation of the query without identifying the source of inquiry, to all applicants.