United Nations Children's Fund
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Job Description
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Description
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How can you make a difference?
The purpose of this position is to provide leadership and oversight management to SD’s portfolio of innovative financing tools to support the timely availability of affordable essential supplies. Timely access requires good forecasting, planning, and adequate budgeting, financing, and execution on that financing. However, funding delays, market constraints, and other factors jeopardize systematic access and are a leading cause of commodity stockouts in countries. . The position will lead the deployment of pre-financing interventions to help bridge these short-term funding gaps and deploy risk financing to improve access and market dynamics of these supply of critical essential commodities supplies. The position will oversee UNICEF’s main tool for supply pre-financing and other supply financing interventions, the Vaccine Independence Initiative (VII), which is deployed to improve access to vaccines and other non-immunization commodities.
Key functions, accountabilities and related duties/tasks:
- The Senior Manager (Innovative Financing) has the overall strategic leadership of the VII and other financing tools and will:
- Building upon a well-established foundation and risk management process, take VII to the next level in terms of professionalization and sustainability;
- Lead the internal and external work on expansion of VII and other bridge financing tools with the objective of helping improve operational timeliness for the provision of essential commodities and/or market dynamics, and improved domestic resource mobilization;
- Identify opportunities from both a country financing and market dynamics perspective that would benefit from a financing intervention, including by engaging with respective UNICEF SD business units and external partners.
- Originate transactions from both a country-facing and markets-facing perspective which will utilize the VII and VII-enabled transactions, including on design and negotiation of terms with countries and suppliers.
- Develop and pursue a smart risk management strategies, including with active recovery efforts for executed transactions to protect the VII capital base.
- Oversee & monitor capital base utilization to optimize use for financing and reporting
- Manage a team that seamlessly executes on transactions and actively manages risks and opportunities.
- Manage forecasting of demand for pre-financing and other financing interventions;
- Coordinate the underwriting process and financial management of country-subscriptions (including efficient credit line applications and VII action plans are followed), ad hoc prefinancings special contracting ensuring the good stewardship of the VII
- Provide technical advice, guidance and design improved operational processes and systems improvements to ensure supply financing activities are compliant to UNICEF FRR, applicable financing agreements, and overall operational efficiency.;
- Lead day-to-day resource mobilization activities with donors and financing partners the VII;
- Work with external partners (including other UN agencies) as a thought leader and collaborator on initiatives which can leverage VII’s capabilities and support the strengthening of domestic resource mobilization activities;
To qualify as an advocate for every child you will have…
Minimum requirements:
Education:
- Advanced university degree in Finance, Economics, Business Administration or other related field.
Work Experience:
- Minimum ten years of progressively responsible managerial experience in complex and large operations involving planning and operation of financing initiatives and tools, (for example) loan facilities, revolving funds, credit facilities and sovereign financing and/or other innovative or alternative financing instruments.
- Demonstrated experience in markets, market dynamics and/or analysis for health supplies. Experience with vaccines is an added advantage.
- Demonstrated experience in engaging with countries on the mobilization of domestic resources and/or credit recovery processes.
- Experience in UN/UNICEF or other development agencies or Private Sector including:
- Capacity to diagnose and resolve multiple, concurrent problems; a conceptual and strategic analytical capacity.
- Knowledge of current trends, practices in specialized field of UNICEF work.
- High level of leadership, analytical and negotiation skills.
- Ability to articulate and conceptualise ideas and influence policies, strategies and priorities.
- Ability to express clearly and concisely, ideas and concepts in written and oral form.
- Strong problem solving orientation.
- Ability to plan, co-ordinate and manage multiple activities. Experience with project management work.
- Ability to work in a multi-cultural environment and establish harmonious and effective working relationships.
Skills
- Computer skills, including preparation of PowerPoint presentations, draft written documents for senior leadership audience and various office applications.
Language Requirements:
- Fluency in English required and preferably another UN language.
Source: https://jobs.unicef.org/cw/en-us/job/577845
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