Overview
JOB TITLE: Associate Investment Officer
Job type: Full-time
General Description of assignment Title: Associate Investment Officer
Assignment country: United Republic of Tanzania
Expected start date: 03/02/2025
Sustainable Development Goal 7. Affordable and clean energy
Volunteer category: National UN Volunteer Specialist
Host entity UNCDF
Type Onsite
Duration: 12 months (with option of extension)
Number of assignments 1
Duty stations Dar es Salaam
Details
Mission and objectives
UNCDF delivers “last mile” finance models that unlock public and private resources, notably at the home level, to decrease poverty and assist local economic growth.
Context
The United Nations Capital Development Fund (UNCDF) makes public and private money work for the poor in the world’s 46 least developed countries (LDCs). Especially at the domestic level, UNCDF provides “last mile” finance methods that unlock public and private resources to lower poverty and assist local economic growth.
Established by the Government of Tanzania in association with the Delegation of the European Union (EU), the Clean Cooking Solutions Project (the “CookFund”) is a major component of the Integrated Approach to Sustainable Cooking Solutions Programme, and UNCDF is a fund manager and main implementing partner of this project. By raising the percentage of Tanzanian people utilising clean cooking solutions, the CookFund Project seeks to lower the effect of climate change.
Under this background, UNCDF is seeking a passionate and seasoned UNV Associate Investment Officer to join its CookFund Program team for funding and project development. Under the direct CookFund Program Manager based in Dar es Salaam, Tanzania, the Associate will concentrate on the implementation side of the fund.
Task definition
The UN Volunteer will complete the following under CookFund Program Manager direct oversight:
Organisation and facilitation of main program operations concerning commercially feasible investments, project development, transaction structuring, and financing 50%.
2. 25% on portfolio management and implementation of investment processes
3. Development of capacity of important programme participants in 25% commercially feasible investment areas.
1. Organisation and facilitation of important program activities connected to economically viable investments, project development, transaction structure and funding 50%
• Support the process of investment identification, data analysis, and the creation of a basic information memorandum for the senior investment officers’ evaluation and project structuring.
• Build, own, and run high-quality financial models for renewable energy, SMEs, and public and private infrastructure projects across the portfolio.
• Produce studies from those models to optimise returns, financial viability, support decision-making in the development team, and facilitate financing.
• Support project development for those project sponsors found.
• Actively look for enhancements in the UNCDF project structuring and finance.
• Get ready and support technical missions aimed at pipeline development and validation of investment projects.
{{{ Work closely with other UNCDF teams handling measurement of transformative impact of investment projects in climate change, food security, women’s economic empowerment and local economic development. Share information and data to make sure chosen initiatives satisfy transformational standards.
• Additional tasks are assigned.
2. Management of portfolios and execution of investments 25%
• Help the team with CookFund programme planning and execution.
• Support weekly progress reporting on programmes, as needed.
• Support timely budgeting, planning, and reporting following UNCDF policies.
• Help the programme manager to update routinely risk and issue logs and set and preserve an efficient and effective project monitoring system offering consistent feedback on the project performance.
• Apart from financial viability criteria, document and track the development impact of the investment.
3. Development of capacity among important program participants in the spheres of commercially feasible investments. 25%;
• Help in capacity building and training to guarantee program knowledge production and distribution.
• Help the initiatives of the program with CookFund workshops and training delivery.
• Provide simple inputs in the development and execution of the investment management processes and tools to support top investment officers in developing and promoting knowledge transfer, training, and the development of the capacities of local players in the public and private sectors.
Expectations and outcomes
• Client orientation; building partnerships; demonstrating corporate knowledge and sound judgement.
• Self-development, initiative-taking • Acting as a team player and facilitating teamwork • Facilitating and encouraging open communication in the team, communicating effectively
• Creating synergies through self-control; managing conflict; learning and sharing knowledge; and encouraging the learning of others. Promoting learning and knowledge management/sharing is the responsibility of each staff member.
• Informed and transparent decision-making.
Furthermore, UN Volunteers are obliged to: • Strengthen their knowledge and comprehension of the notion of volunteerism by reading relevant UNV and external publications and take active part in UNV activities (for instance, in events that celebrate International Volunteer Day).
• Be acquainted with and build on traditional and/or local traditions of volunteerism in the host nation.
• Reflect on the type and quality of voluntary action that they are conducting, including involvement in continuing reflection activities.
• Contribute articles/write-ups on field experiences and submit them for UNV publications/websites, newsletters, press releases, etc.
• Assist with the UNV Buddy Programme for newly arrived UN Volunteers.
• Promote or advise local groups in the use of online volunteering or urge relevant local individuals and organisations to use the UNV Online Volunteering service whenever technically possible.
Eligibility criteria
Age 18-80
Required experience: 3 years
Nationality
The candidate must be a national or legal resident of the nation of assignment.
Project requirements for assignments
Relevant experience: three years
Languages English, Level: Fluent, Required Swahili, Level: Fluent, Desirable
Appropriate degree of required knowledge
Bachelor degree in finance, accounting, economics, investing, or a business-allied degree.
Skills and moral principles
Accountability; adaptability and flexibility; creativity; commitment to lifelong learning; ethics and values; planning and organising; professionalism; self-management; team work
Knowledge and ability
• Project finance working experience covering development finance, commercial debt, public-private partnerships, and capital markets.
• Has expertise creating and funding commercially viable projects.
• Shows understanding of creating and defending investment recommendations for fund, lender, or investor review and approval.
• Showed knowledge in the financing phases for investments via single-purpose investment vehicles (SPVs) and the whole project development life.
• Showed knowledge and/or experience in creating and evaluating advanced and sophisticated financial models as well as in preparing project financial analysis.
• Showed expertise in assessing technical and financial viability for private sector financing as well as project proposal evaluation.
• Show proved capacity to interact with several stakeholders, including financial institutions, government partners, and project sponsors.
• Uses a general awareness of appropriate management and investing techniques.
• Aspires to grow personally and stays current with fresh ideas in public infrastructure, development finance, and project management.
• Shows thorough understanding of information technology and uses it for job tasks.
Domain(s) of competence
Administration; energy and environment; social work
Driving licence:
Other details
Notes about living circumstances and conditions
The living condition in Dar es Salaam and Tanzania in general is satisfactory, and the duty station is classified at level B by the UN International Civil Service Commission.
Inclusivity statement
United Nations Volunteers is an equal opportunity programme that welcomes applications from qualified professionals. We are committed to achieving diversity in terms of gender and care-protected characteristics. As part of their adherence to the values of UNV, all UN Volunteers commit themselves to combating any form of discrimination and to promoting respect for human rights and individual dignity without distinction of a person’s race, sex, gender identity, religion, nationality, ethnic origin, sexual orientation, disability, pregnancy, age, language, social origin, or other status.
Note on Covid-19 vaccine required
Selected applicants for particular occupational categories may be subject to inoculation (vaccination) requirements, including against SARS-CoV-2 (Covid-19), in compliance with the applicable host entity policy
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Applying:
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