Junior Financial Assessment Specialist Consultant

World Food Programme, Rome, Italy

Skill Required:, Finance and Accounts
Preferred Experience: 
3 Years
Closing Date for Applications: 
9th December, 2020


Job Description

Cash-based transfers (CBT) represent an increasing share of WFP’s total humanitarian assistance (35 percent in 2018), and include assistance distributed as physical banknotes, e-money, mobile money, vouchers or debit cards. In 2018, WFP transferred US$1.76 billion to 24.5 million people in 62 countries, empowering them to meet their essential needs.

In support of WFP’s global scale up of cash-based transfers, the Finance function through the Business Development and Cash Based Transfers Branch (FINB) is developing corporate tools and guidance, providing day-to-day technical advice and assistance to Country Offices while also undertaking a range of other strategic activities and engagements internally as well as with external service providers. The Consultant will be supporting Country Offices and Regional Bureaux with the completion of the mandatory Financial Assessments for CBT under the Market Engagement team within FINB.

ACCOUNTABILITIES/RESPONSIBILITIES:

The Consultant will undertake the following tasks:

  • Assist Country Offices with the completion of MacroFinancial Assessments (MaFA)
  • Review need for updating MaFA
  • Provide MaFA guidance and timelines for assigned Country Offices (CO)
  • Guide COs through the process of conducting and reviewing MAFAs
  • Complete MaFAs individually if required and/or add missing data to support completion of MaFA for the CO
  • Review MaFAs and conduct coaching and review sessions
  • Collect lessons learned
  • Collect and regularly update data on country and Financial Service Provider (FSP) level to further improve automation and benchmarking
  • Collect FSP related information for the roll-out of FSP Capability Assessments both in the preparatory and emergency context
  • Conduct updates of the benchmarking data file
  • Conduct data collection and analysis in preparation of the roll-out of new Market Engagement tools
  • Support creation of local and regional FSP rosters and
  • Adjust templates according to lessons learned
  • Regularly update CBT databases with details of FSPs, MAFAs and contract status
  • Provide overall support to the Market Engagement team in its various activities
  • Provide CO with support during the various stages of CBT implementation
  • All other duties as required

DELIVERABLES AT THE END OF THE CONTRACT:

  • Reviewed and cleared MaFAs as agreed within the Market Engagement team
  • Up-to-date benchmarking data file
  • FSP data for local and regional rostering
  • Collection of lessons learned into various types of communication material

QUALIFICATIONS AND EXPERIENCE REQUIRED:

Education:

  • University Degree in Economics or Finance, Business Administration or related fields

Experience:

  • 3 years of related work experience, preferably in one or more of the following
  • Financial sector assessment or consulting
  • Solution or market development for financial institutions
  • Macro Economic/regulatory/humanitarian setting

Knowledge & Skills:

  • Knowledge of global financial markets, sub-sectors and its institutions and stakeholders
  • Overview of payment instruments, respective features and functionalities in developing markets
  • Understanding of the regulatory setting for payment instruments in the context of humanitarian interventions
  • Demonstrated ability to work both independently and as part of a diverse team

Languages:

  • Good oral and written communication in English; knowledge of French and/or another additional UN language is a plus.

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