United States of America
The UN Capital Development Fund makes public and private finance work for the poor in the world’s 46 least developed countries (LDCs).
UNCDF offers “last mile” finance models that unlock public and private resources, especially at the domestic level, to reduce poverty and support local economic development.
UNCDF pursues innovative financing solutions through: (1) financial inclusion, which expands the opportunities for individuals, households, and small and medium-sized enterprises to participate in the local economy, while also providing differentiated products for women and men so they can climb out of poverty and manage their financial lives; (2) local development finance, which shows how fiscal decentralization, innovative municipal finance, and structured project finance can drive public and private funding that underpins local economic expansion, women’s economic empowerment, climate adaptation, and sustainable development; and (3) a least developed countries investment platform that deploys a tailored set of financial instruments to a growing pipeline of impactful projects in the “missing middle.’’
The internship manager is committed to providing the intern with the training, guidance and support necessary to complete the below duties and responsibilities effectively and within the internship period. This will include, but not be limited to, scheduled meetings (weekly) to assess output progress, systems training (where required) and completion of required university reports for the purpose of meeting any necessary Degree requirements.
Duties and Responsibilities:
Under the supervision of the Head of Partnerships, Policy and Communications PPC Unit, and in close collaboration with the Sustainable Finance and Partnerships Specialist in the PPC Unit, the intern will assist in any of the following tasks:
Summary of key functions:
- Support to Strategic advocacy and partnership development;
- Support for creation of new innovative finance vehicles and instruments;
- Support to mobilization of core and non-core resources;
- Support to effective Internal and External Donor Relations;
- Support to facilitation of knowledge building and knowledge sharing.
1. Strategic advocacy and partnership development:
- Support the development of corporate strategies tailored to specific donors;
- Support to building and maintaining relationships with the financial sector, private sector investors, and family offices;
- Support for providing strategic advice and policy recommendations with a view to positioning UNCDF strongly;
- Analyze donor trends in the UNCDF funding landscape.
- Define and regularly ‘connect’ UNCDF value propositions in the LDCs in alignment, and when possible, in anticipation of the changing aid architecture and evolving resource mobilization drivers;
- Identification of opportunities for UNCDF programmes in its relationship with other UN Agencies;
- Implementation of PCU strategy for partnering with UN Agencies around UNDAF, MDG and other joint programming for implementation of UN Reform;
- Identification of specific areas for support, building on UNCDF comparative advantages and UNCDF programmatic objectives in country.
- Assist in building and maintaining relations with other UN agencies that support the effective implementation of the IF and LDF business plans, with special focus on jointly mobilization of resources;
- Provides technical support during negotiation processes at the corporate level (HQ) with key partners (relevant to the new thematic areas such as with the EC, GEF, etc.)
- Provides timely and professional response to COs requests for support on matters of partnerships-building.
- Enhances capacity by UNCDF country and regional offices to pursue and capitalize on strategic partnerships and resource mobilization opportunities.
2. Support to mobilization of core and non-core resources:
- Provide effective and efficient support to the Executive Secretary and senior management in the mobilization of core and non-core resources in all aspects of resource mobilization;
- Support and create new partnerships with non-traditional donors, particularly corporations, the investment sector, and the financial sector;
- Specifically, support UNCDF senior management in the mobilization of core and non-core resources through in-depth analysis of donor-specific ODA trends, political and economic developments, aid policies, practices and budget allocations in specific donor countries;
- Identify and develop opportunities for non-core resource mobilization and advise country offices and headquarters units on appropriate strategies and approaches to seize them; and
- Contribute to the development of corporate policies and procedures for core and non-core resource mobilization, including through strategic partners.
3. Effective Internal and External Donor Relations:
- Based on in-depth knowledge of national environments, identify targeted interventions to mobilize support for UNCDF and influence positively donor countries’ national budgetary and other decision-making processes;
- Build and maintain UNCDF’s visibility and reputation at relevant financial conferences and investor events;
- Build, nurture and maintain effective internal and external working relations, including with relevant Representation Offices (Global or locally) and Practice Area Leaders responsible for specific donor countries and/or partners in the private sector.
4. Facilitation of knowledge building and knowledge sharing:
- Identification and formulation of lessons learned and recommendations to be integrated into broader CO knowledge management efforts;
- Contributions to knowledge networks and communities of practice; and
- Organization and conduct of trainings on RM and partnerships building in the Country Office.
Opportunity is About:
Candidates should be from:
Description of Ideal Candidate:
Core values/guiding principles
- Demonstrates consistency in upholding and promoting the values of UNCDF in actions and decisions, in line with the UN Code of Conduct.
- Demonstrates an appreciation of the multicultural nature of the organization and the diversity of its staff.
- Demonstrates an international outlook, appreciating difference in values and learning from cultural diversity.
- Demonstrates an intellectual curiosity and deep desire to learn.
- Demonstrates a consistent commitment to pro-actively helping fellow members of the PPC Unit and UNCDF more broadly in their day-to-day activities to the reasonable extent possible.
- Demonstrates strong writing skills, particularly the ability to present persuasive, coherent and well-founded arguments.
- Demonstrates ability to write in a style that is accessible to a broad audience of policymakers, academics and activists.
- Demonstrates drive to achieve results in timely manner and to seek and find solutions to any problems encountered.
- Demonstrates ability to communicate clearly and persuasively.
- Ability to convert complex and abstract ideas into simple visual concepts.
- Strong organizational skills and ability to multi-task.
- Must be able to work in a multicultural environment and be aware of political sensitivities.
Required Skills and Experience
Candidate must be enrolled in a degree programme in Business Administration, Economic Development, Economics, Finance, or another related field.
Applicants to the UNCDF internship programme must at the time of application meet one of the following requirements:
- Be enrolled in a graduate school programme (second university degree or equivalent, or higher);
- Be enrolled in the final academic year of a first university degree programme (minimum Bachelor’s level or equivalent);
- Have graduated with a university degree (as defined in (a) and (b) above) and, if selected, must start the internship within one-year of graduation.
Desirable Skillset & Experience:
- Experience creating presentations, creating Excel files and writing papers that capture complex concepts and put them into simple language;
- Experience in working on finance transactions or creating financial models;
- Experience in a consulting firm or an investment bank will be an added advantage;
- Self-starter; organized; able to multitask, balance multiple responsibilities, and work to deadline.
Additional assignment-specific qualifications:
- Solid understanding of international development.
- Fluency in English required. Fluency in French very desirable;
- Knowledge of other UN languages will be considered a plus.
Deadline: September 30, 2021
Cost/funding for participants:
- Under the new revised UNDP Internship Policy, UNCDF will provide a modest monthly internship stipend to its interns, in accordance with the provisions of the UNDP Internship policy. All expenses connected with the internship will be borne by the intern or her/his sponsoring entity/institution. Stipends are available only for full-time/on-site internships at this time.
- Selected Interns must be able to share proof of education enrolment and/ or graduation, medical/health and life/accident insurance, valid for the location in which the internship will be carried out and be able to provide insurance documentary proof at the time of their selection.
- The purpose of the Internship Programme is not to lead to further employment with UNCDF but to complement an Intern’s studies and learning growth.
- There is no expectation of employment at the end of these internships.