Senior Manager (Innovative Financing), P-5, FT, Copenhagen, Denmark

Contract

This is a P-5 contract. This kind of contract is known as Professional and Director staff. It is normally internationally recruited only. It's a staff contract. It usually requires 10 years of experience, depending on education.

Salary

The salary for this job should be between 201,227 USD and 252,183 USD.

Please keep in mind that the salary displayed here is an estimation by UN Talent based on the location and the type of contract. It may vary depending on the organization. The recruiter should be able to inform you about the exact salary range. In case the job description contains another salary information, please refer to this one.

UNICEF works in some of the world’s toughest places, to reach the world’s most disadvantaged children. To save their lives. To defend their rights. To help them fulfill their full potential.

Across 190 countries and territories, we work for every child, everywhere, every day, to build a better world for everyone.

And we never give up.

For every child, Care

The fundamental mission of UNICEF is to promote the rights of every child, everywhere, in everything the organization does - in programmes, in advocacy and in operations. The equity strategy, emphasizing the most disadvantaged and excluded children and families, translates this commitment to children’s rights into action. For UNICEF, equity means that all children have an opportunity to survive, develop and reach their full potential, without discrimination. To the degree that any child has an unequal chance in life - in its social, political, economic, civic and cultural dimensions - her or his rights are violated. There is growing evidence that investing in the health, education and protection of a society’s most disadvantaged citizens - addressing inequity - not only will give all children the opportunity to fulfill their potential but also will lead to sustained growth and stability of countries. This is why the focus on equity is so vital. It accelerates progress towards realizing the human rights of all children, which is the universal mandate of UNICEF, as outlined by the Convention on the Rights of the Child, while also accelerating the equitable development of nations to attain SDGs.

How can you make a difference?

The purpose of this position is to provide oversight to Supply Division’s portfolio of innovative financial partnerships which in turn will ensure the timely delivery of affordable products which requires good forecasting, planning and adequate budgeting, financing and execution on that financing. This is to be completed with the aim of preventing the delayed release of funding, including domestic budgets which has been a leading cause of stock-outs in countries. Oversee the deployment of pre-financing interventions to help bridge short-term funding gaps, thereby temporarily resolving cash flow timing issues that would have otherwise interrupted the supply of critical commodities. Oversee UNICEF’s main tool for supply pre-financing, the Vaccine Independence Initiative (VII) Revolving Fund, which accelerates access to essential supplies, including vaccines and other non-immunization commodities, while providing a platform to ensure a systematic and sustainable supply for country partners facing temporary budget shortfalls.

Key Functions, Accountabilities and Related duties/tasks:

The Senior Manager (Innovative Financing) who have overall strategic leadership of the VII and other financing instruments:

1. Set the strategic vision for the next iteration of the VII (and VII-associated) activities.
2. Building upon a well-established foundation and risk management process, take VII to the next level in terms of professionalization and sustainability.
3. Lead day-to-day resource mobilization activities with donors and financing partners to the VII.
4. Have oversight of forecasting of demand for pre-financing.
5. Coordinate the financial management of country pre-financing related activities, including special contracting and support the internal and external work on expansion of VII and other bridge financing with the objective of helping improve operational timeliness for the provision of essential commodities and/or market dynamics.
6. Coordinate underwriting process of country-subscription, ad-hoc pre-financing, and financings to back special contracting ensuring that duly process is followed, and pre-financing capital risk management is followed.
7. Oversee, monitor capital base utilization to optimize use for financing, including in-depth forecasting.
8. Provide technical advice, guidance, and design processes to ensure supply financing activities are fully compliant to UNICEF FRR and applicable Donor agreements.
9. Provide technical advice, guidance, and design processes to ensure VII credit lines allocated to countries are optimized, including VII action plans for long-term financial sustainability, including domestic financing.
10. Work with partners (including other UN agencies) as a thought leader and collaborator on initiatives which can leverage VII’s performance and support the strengthening of domestic resource mobilization activities.
11. Coordinate the development and implementation of financing instruments and initiatives that leverage UNICEF’s expertise in supply financing and target domestic resource mobilization, including for example, the Nutrition Match Fund, the ACT-A SFF, and other new instruments.

To qualify as an advocate for every child you will have…

Education

• Advanced university degree (Master’s Degree) in Finance, Economics, Business Administration or other related field.
• *A first University Degree in a relevant field combined with 2 additional years of professional experience may be accepted in lieu of an Advanced University Degree.

Work Experience

• Ten years of progressively responsible managerial experience in complex and large operations involving planning and operation of financing initiatives and tools, such as (for example) loan facilities, revolving funds, credit facilities and sovereign financing and/or other innovative or alternative financing instruments.
• Varied experience in UN/UNICEF or other development agencies or Private Sector
• Demonstrated strategic vision to provide leadership in the development of procurement services.
• Capacity to diagnose and resolve multiple, concurrent problems, a conceptual and strategic analytical capacity
• Knowledge of current trends, practices in the specialized field of UNICEF work an asset.

Languages

• Fluency in English is required. Knowledge of another UN language is highly desirable.

For every Child, you demonstrate…

The value and competencies required for this post are (CRITA)…

Core Values

• Care
• Respect
• Integrity
• Trust
• Accountability

Core Competencies

• Nurtures, leads and manages people (2)
• Demonstrates Self Awareness and Ethical Awareness (2)
• Works Collaboratively with others (2)
• Builds and Maintains Partnerships (2)
• Innovates and Embraces Change (2)
• Thinks and Acts Strategically (2)
• Drives to achieve impactful results (2)
• Manages ambiguity and complexity (2)

Skills:

• High level of leadership, analytical and negotiation skills.
• Ability to articulate and conceptualize 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.
• Computer skills, including internet navigation and various office applications.

To view our competency framework, please visit here.

Click here to learn more about UNICEF’s values and competencies.

UNICEF is committed to diversity and inclusion within its workforce, and encourages all candidates, irrespective of gender, nationality, religious and ethnic backgrounds, including persons living with disabilities, to apply to become a part of the organization.

UNICEF is committed to achieving gender balance at P5 level and will prioritize eligible and suitable female candidates, especially from programme countries.

UNICEF has a zero-tolerance policy on conduct that is incompatible with the aims and objectives of the United Nations and UNICEF, including sexual exploitation and abuse, sexual harassment, abuse of authority and discrimination. UNICEF also adheres to strict child safeguarding principles. All selected candidates will be expected to adhere to these standards and principles and will therefore undergo rigorous reference and background checks. Background checks will include the verification of academic credential(s) and employment history. Selected candidates may be required to provide additional information to conduct a background check.

Remarks:

Only shortlisted candidates will be contacted and advance to the next stage of the selection process.

Mobility is a condition of international professional employment with UNICEF and an underlying premise of the international civil service.

Female candidates, especially from programme countries, are highly encouraged to apply for this role and will be prioritized.