Financial Health Technical Associate

United Nations Development Programme, Beijing, China

Skill Required:, Finance and Accounts
Preferred Experience: 
5 years
Closing Date for Applications: 
1st October, 2021


Job Description

BACKGROUND

  • UNCDF is the UN’s capital investment agency for the world’s 47 Least Developed Countries (LDCs). UNCDF uses its capital mandate to support LDCs pursue inclusive growth. UNCDF promotes financial inclusion, also through digital financial services (DFS), as a key enabler of poverty reduction and inclusive growth; and it demonstrates how localizing finance outside the capital cities can accelerate growth in local economies, promote sustainable and climate-resilient infrastructure development, and empower local communities. Using capital grants, loans and credit enhancements, UNCDF tests financial models in inclusive finance and local development finance; ‘de-risks’ the local investment space; and provides proofs of concept, paving the way for larger and more risk-averse investors.
  • Hosted by UNCDF, the Centre for Financial Health is set-up as an umbrella platform towards convening a global coalition and thought leadership. The Centre for Financial Health acts as a convener, providing a platform to bring together global, regional and local actors committed to using financial and digital solutions to improve the financial lives of low-income families—helping them climb - and stay - out of poverty. The Centre creates space for thought leadership where best financial health (FH) practices and models are exchanged and lead to concrete action with governments and the private sector.
  • The Centre is implementing programmes in different countries called Living Labs which support players with a combination of high quality financial, advisory and networking support to design, test and scale financial health solutions. The aim of the programmes is to improve the financial health of five million people over the next four years. In China with partnership with MetLife Foundation through the i3 programme, the focus is to drive financial health of a few key segments, like the ageing population, smallholder farmers, women, etc. The programme has current partnerships with the private sector to achieve the results of achieving the financial health outcomes with these segment groups. A strong focus of these partnerships is to build evidence to demonstrate how the focus on financial health with use of data, behavioural science and design thinking can improve the business goals and also the outcome for customers while delivering required impact.
  • Under the current period, UNCDF in China is working within the legal framework of UNDP, through the umbrella programme on “Research and Promotion on SDGs Impact Financing in China”. This project is a joint partnership between UNDP and the China International Center for Economic and Technical Exchanges (CICETE) and is managed through a Steering Committee that meets regularly to drive programme activities. UNCDF will be reporting its activities under this arrangement to the Steering Committee including UNDP and CICETE.
  • CICETE is the anchor agency under the Ministry of Commerce responsible for coordination of UN programmes and international agencies in China.

DUTIES AND RESPONSIBILITIES

Office/Unit/Project

  • UNCDF/FIPA/Centre For Financial Health/China
  • Duty station (City and Country)
  • Shenzhen, China  Home- Based

Summary of key functions:

  • Conducts and/or manages financial health research efforts in country. Facilitates the flow of information and knowledge between key stakeholders (local, regional and international) in research efforts and assists in organizing local surveyors for field-based research, focus group discussions and stakeholder workshops related to research. Stakeholders are informed on current trends, market conditions, and special topics as needed.
  • For all projects as assigned and under the direction of the Technical Lead on FH in China, ensure the delivery of project milestones for partners and customer outcomes on FH.
  • Take stock of and monitor progress of projects and initiatives to ensure projects are running on time and smoothly, problems are identified early and remedial steps proposed.
  • Support global FH activities, including learning, sharing, policy and coordination.
  • Provide programme and corporate support including fulfilling reporting requirements and assisting with research work and preparing suitable documentation to advance the fundraising efforts.
  • Conducts and/or manages financial health research efforts in country. Facilitates the flow of information and knowledge between key stakeholders (local, regional and international) in research efforts either undertaken independently or assists in organizing local surveyors for field-based research, focus group discussions and stakeholder workshops related to research. Ensure Stakeholders are informed on current trends, market conditions, and special topics as needed.
  • Identify research priorities with UNCDF partners on FH in China, build research projects including research designing methodology and tools.
  • Execute research studies with the support of the research and insights team, and project teams, monitor data collection and ensure data quality.
  • Abased on project requirement, organise local field research team and train them for quantitative and qualitative data collection.
  • Assist the human-centric design team in prototyping interventions and testing their effectiveness.
  • Update country evidence base with research and sources relevant to financial health and financial services (including digital).
  • Set process and outcome indicators for projects and track their progress through project cycles.
  • Contribute to project, programme and donor reporting including narrative reports.
  • Make sound contributions to knowledge networks and communities of practice on behalf of FH through identification and dissemination of best practices and lessons learned.
  • In concert with FH’s Research and Insights Team and Technical Lead in China ensure FH work is communicated and publicized appropriately and highlights linkages to the wider UN family.

For all projects as assigned and under the direction of the Technical Lead on FH in China, ensure the delivery of project milestones for partners and customer outcomes on Financial Health.

  • For technical assistance, provide technical review of project descriptions, terms of reference and agreements with partners.
  • For financial assistance, conduct short assessments and full appraisals of proposed partners, including on-site appraisals for large projects as needed.
  • Draft technical evaluations and endorsements of partners.
  • Recommend performance targets.
  • Review outputs with partners, providing feedback, edits and suggestions for improvements.
  • Work on development of or provide technical assistance related to current and potential partners, including business plans, pilot plans, etc.
  • Assist the FH team in the revision of the lessons learned and updating policies, procedures, planning and reporting tools.
  • Ensure that the workplans and project logs are proactively updated and completed for the purpose of portfolio reporting and project planning.

Take stock of and monitor progress of projects and initiatives to ensure that projects are running on time and smoothly, problems are identified early and remedial steps proposed.

  • With the Technical Lead FH in China, manage a reporting schedule for partners and monitor the receipt and quality of reports.  Provide analysis and feedback to partners.
  • Undertake regular contact with partners to monitor the implementation of projects supported by UNCDF. Assist partners in fulfilling reporting requirements.  Monitoring shall be made against quantifiable benchmarks and efficiency indicators agreed in the agreement – including the validation of progress reports.
  • Based on the findings of the monitoring visits, prepare regular progress reports for the purpose of reporting to the Steering Committee of the programme and locally to the committee of CICETE/UNDP or others as required.

Support global FH activities, including learning, sharing, policy and coordination

  • Contributes to technical content to all FH research activities and outputs, with a focus on in-country (or multi-country efforts).
  • Assists in execution of research work including technical review and editing of research (Between Chinese and English), providing technical feedback.
  • Provides technical input and editing to knowledge products, contributing to blogs, focus notes, the website and social media.
  • Represents UNCDF at events, as facilitator and presenter.
  • Seeks opportunities for coordinating and co-funding projects with other funders, ensure the programme’s efforts.

Provide programme and corporate support including fulfilling reporting requirements and assisting with fundraising.

  • With Technical Lead FH in China, develops FH’s country annual work plan and budget.
  • With Technical Lead FH in China, leads annual programme strategic review effort, soliciting input from FH team, partners, consultants and funders.
  • Assist with drafts of semi-annual and annual reports.
  • Supports annual and cumulative UNCDF results analyses and substantive inputs work plan and UNCDF.
  • Assists in implementation of mid-term and final evaluations of the programme.

Impact of Results:

  • Results of the work of the FH will be the significant contribution to China achieving its outcome of 500,000 clients served and FH indicators improved.

COMPETENCIES

Required skills and competencies

  • Ability to navigate and work effectively within diverse organizational cultures, including large multilaterals, government agencies, and private sector companies from different industries
  • Passionate about development problems
  • Fast learner and self-driven
  • Excellent communication skills and a team player
  • Good command of English language skills
  • Understands social and cultural context of the country

Desired additional skills and competencies

  • Subject matter knowledge in space of financial inclusion, banking, etc. will be a plus
  • Subject matter knowledge in space of digital product design will be a plus
  • Experience in designing or executing qualitative research will be a plus

REQUIRED SKILLS AND EXPERIENCE

Min. Academic Education

  • Bachlor’s degree in development, economic, business administration, international relations or a related field. Master as an advantage.

Min. years of relevant Work experience

  • Minimum 4  years of successful professional experience in shaping consumer level insights including developing research plans, evaluating and managing projects.
  • Minimum 4 years of experience in space of financial services or technology or related domain.

Desired additional skills and competencies

  • Subject matter knowledge in space of financial inclusion, banking, etc. will be a plus
  • Subject matter knowledge in space of digital product design will be a plus
  • Experience in designing or executing qualitative research will be a plus

Required Language(s) (at working level)

  • English and Mandarin Chinese.

Source:https://jobs.partneragencies.net/erecruitjobs.html?JobOpeningId=39493&hrs_jo_pst_seq=1&hrs_site_id=2


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