Senior Financial Sector Specialist - IPSA 13

Advertised on behalf of :

Location : Home-based
Application Deadline :03-Oct-22 (Midnight New York, USA)
Type of Contract :IPSA (Regular)
Post Level :IPSA-13
Languages Required :
English   French  
Duration of Initial Contract :12 months
Expected Duration of Assignment :12 months

UNDP is committed to achieving workforce diversity in terms of gender, nationality and culture. Individuals from minority groups, indigenous groups and persons with disabilities are equally encouraged to apply. All applications will be treated with the strictest confidence.

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.


Instructions to Applicants: Click on the "Apply now" button. Input your information in the appropriate Sections: personal information, language proficiency, education, resume and motivation. Upon completion of the first page, please hit "submit application" tab at the end of the page. Please ensure that CV or P11 and the Cover letter are combined in one file.

The following documents shall be required from the applicants:

Personal CV or P11, indicating all past positions held and their main underlying functions, their durations (month/year), the qualifications, as well as the contact details (email and telephone number) of the Candidate, and at least three (3) the most recent professional references of previous supervisors. References may also include peers.

A cover letter (maximum length: 1 page) indicating why the candidate considers him-/herself to be suitable for the position.

Managers may ask (ad hoc) for any other materials relevant to pre-assessing the relevance of their experience, such as reports, presentations, publications, campaigns or other materials.


Office/Unit/Project Description

UNCDF is the UN’s capital investment agency for the world’s least developed countries (LDCs). It creates new opportunities for poor people and their communities by increasing access to inclusive finance and investment capital. UNCDF focuses on Africa and the poorest countries of Asia and the Pacific, with a special commitment to countries emerging from conflict or crisis. It can provide seed capital both grants and loans as well as technical support that will improve poor peoples’ lives.

The UNCDF digital agenda for migration and remittances falls within the organization’s broader global strategy, set forth in 2019, of “Leaving No One Behind in the Digital Era.” This vision is to empower millions of people by 2024 to use services daily that leverage innovation and technology and contribute to the Sustainable Development Goals. Through a market development approach, UNCDF continuously seeks to address underlying market dysfunctions. The Programme contributes to, and benefits from, this overarching corporate mandate. The Programme is administered by UNCDF with funding from the Swiss Agency for Development and Cooperation, or SDC, and Sida, the Swedish International Development Agency.

UNCDF’s Migration and Remittances for Development Programme, or the Programme, aims at contributing to sustainable development by making remittances more accessible and affordable, while helping build resilience for migrants and their families. For both sending and receiving countries, the Programme seeks to increase the share of migrant remittances flowing through formal channels, thereby giving policymakers at both ends greater visibility into the true picture of inbound and outbound financial flows. For remittances service providers, the Programme seeks to build the capacity to understand the financial needs and preferences of migrants and their families, and to design and deliver responsive products accordingly. For migrants themselves, the Programme aims not only to lower the costs and increase the safety and convenience of sending money, but also to link remittances to a broader suite of financial services—including insurance, savings, pensions, investments, and credit—that can help them reach their goals. The Programme recognizes digitization as the key to achieving these objectives.


Institutional Arrangement

The direct supervisor of the Senior Digital Finance Specialist will be the Lead Specialist, Migration and Remittance portfolio at UNCDF.

Duties and Responsibilities

Scope of Work

  • Supporting UNCDF’s effort and convenings on open regulated payments network, which includes following up with stakeholders on driving key recommendations, participating in external meetings and supporting the production of publications
  • Contributing to the cross-border interoperability reference guide project.
  • Contributing to research projects by participating in the provider selection, supervision of activities, project advancement, and reviewing of deliverables (Remittance-linked credit research, Portability of digital identification research, Partnership Reference guide, Innovation in Migrant Financial Resilience, Digital wages, Remittance Data Lake)
  • Contributing to the review of different assessment guides (Country and Regional, Empowered Customers, Gender mainstreaming), framework projects (Policy and Regulatory, Implementation. Inclusive Innovation, Gender mainstreaming), and feasibility studies (BCEAO Digital ID)
  • Supporting Implementation portfolio:
  • Defining Strategic Plans and Action Plans for targeted countries
  • Streamlining UNCDF technical assistance offerings to the private sector on migrant-centric financial services.
  • Managing implementation projects in different geographies
  • Reviewing the learning, observations, risks & issues identified across portfolios and projects and providing key insights
  • Supporting the review of country landscapes across 5 countries in Africa with an objective to develop country-specific interventions. (For example: Sierra Leone, Rwanda, etc.)




Achieve Results:

LEVEL 3: Set and align challenging, achievable objectives for multiple projects, have lasting impact

Think Innovatively:

LEVEL 3:  Proactively mitigate potential risks, develop new ideas to solve complex problems

Learn Continuously:

LEVEL 3: Create and act on opportunities to expand horizons, diversify experiences

Adapt with Agility:

LEVEL  3:   Proactively   initiate   and   champion change, manage multiple competing demands

Act with Determination:

LEVEL 3: Think beyond immediate task/barriers and take action to achieve greater results

Engage and Partner:

LEVEL  3:   Political   savvy,  navigate   complex landscape, champion inter-agency collaboration

Enable Diversity and Inclusion:

LEVEL 3: Appreciate benefits of diverse workforce and champion inclusivity


Cross-Functional & Technical competencies

Thematic Area



Digital and Innovation

Digital Inclusion

Knowledge of how digital inclusion works, opportunities and challenges for governments and society

Required Skills and Experience

Min. Education requirements

  • Master’s degree or equivalent in economics, finance, public/business administration, law, social sciences, international relations or related fields.

Min. years of relevant work experience

  • Minimum 15 years of professional experience in either government, international organizations or in the private sector  working on cross-border payments and remittances, digital payments and financial services, mobile money, migration, financial inclusion
  • Relevant work experience in developing countries specifically in Africa and Asia

Required skills

  • Demonstrated expertise in the implementation of digitization of remittances and financial services for migrants and expanding financial inclusion
  • Demonstrated experience on migrants and diaspora and financial  inclusion
  • Experience in areas such as digital ID, FX for cross-border payments, financial services product experience is a plus

Desired skills in addition to the competencies covered in the Competencies section

  • Integrity and professionalism: demonstrated expertise in area of specialty and ability to apply good judgment; high degree of autonomy, personal initiative and ability to take ownership; willingness to accept wide responsibilities and ability to work independently under established procedures in a politically sensitive environment, while exercising discretion, impartiality and neutrality; ability to manage information objectively, accurately and confidentially; responsive and client-oriented.
  • Accountability: mature and responsible; ability to operate in compliance with organizational rules and regulations.
  • Commitment to continuous learning: initiative and willingness to learn new skills and stay abreast of new developments in area of expertise; ability to adapt to changes in work environment.
  • Planning and organizing: effective organizational and problem- solving skills and ability to manage a large volume of work in an efficient and timely manner; ability to establish priorities and to plan, coordinate and monitor (own) work; ability to work under pressure, with conflicting deadlines, and to handle multiple concurrent projects/activities.

Required Language(s)

  • Proficiency in English and French

Professional Certificates

  • NA

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