UNEP Finance Initiative (UNEP FI) -Indonesia SME Financing Consultant

Support development of sustainability linked loans for SMEs in Indonesia

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Application deadline 3 years ago: Saturday 10 Dec 2022 at 23:59 UTC

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Overview

Support development of sustainability linked loans for SMEs in Indonesia

You have:

  • A Master's Degree in finance, business administration, economics, urban studies, science, social sciences, environmental studies or sustainable development is required.
  • At least 7 years working experience in finance and/or sustainable development is required.
  • Fluency in English and Bahasa Indonesian is required, knowledge of other UN languages is an asset.
  • Good coordination, organization and planning skills with the ability to work under pressure are required.
  • Knowledge of project development and planning is an asset.

Result of Service Project partner bank(s) develop and offer new sustainability linked loans for SMEs in Indonesia. SMEs will commit to adopt new sustainability practices and gain access to the new sustainability linked loans.

Work Location Home based - Jakarta, Indonesia

Expected duration 12 months

Duties and Responsibilities The United Nations Environment Programme (UNEP) is the leading global environmental authority that sets the global environmental agenda, promotes the coherent implementation of the environmental dimension of sustainable development within the United Nations system and serves as an authoritative advocate for the global environment.

The overall objective of the UNEP’s Economy Division is to encourage decision makers in government, local authorities and industry to develop and adopt policies, strategies and practices and technologies that promote sustainable patterns of consumption and production, make efficient use of natural resources, ensure safe management of chemicals and contribute to making trade and environment policies mutually supportive. It promotes the development, use and transfer of policies, technologies, economic instruments, managerial practices and other tools that assist in environmentally sound decision making and the building of corresponding activities.

The United Nations Environment Programme Finance Initiative (UNEP FI) is the strategic partnership between the United Nations and over 400 banks, insurers and investors. For over 29 years UNEP FI has been shaping and driving the international sustainable finance agenda, setting global standards and growing a global network of leading financial institutions. Through its work-streams and regional activities, peer learning, methodology development, training and research, UNEP FI carries out its mission to help the financial industry align with and contribute to the Sustainable Development Goals and with that take on the crucial role it must play in achieving a sustainable future.

By 2100, climate change is expected to result in up to a 7% drop in Indonesia’s GDP, yet 38% of the country’s Nationally Determined Contributions (NDC) to the Paris Agreement remain underfunded. Indonesia requires around USD 20.6 billion annually to implement climate action by 2030. If funding gaps are not addressed, Indonesians will experience direct negative impacts from climate change. These negative impacts will directly harm Indonesia's most vulnerable populations and particularly women. Market failures and the lack of enabling environment are impeding public and private investments at scale.

UNEP is part of the Participating UN Organisations (PUNOs) to the UN Joint SDG Fund project, “Driving Public and Private Capital Towards Green and Social Investments in Indonesia”. The Joint Project (JP) intends to support the Government of Indonesia in reducing the financing gap and accelerating the achievement of the SDGs through increased financing from innovative financing mechanisms and instruments from both government and non-government sources.

Within this joint project, this consultancy aims to support UNEP whom together with UNIDO are providing technical assistance to Indonesian banks and Small and Medium-sized Enterprises (SMEs) to improve institutional capacities to access and utilize finance towards the achievement of the SDGs through the development of a series of SDGs-linked loans.

The objective:

Objective is to support Indonesia to mobilize domestic SDGs financing by supporting the capacity development and experience of bank managers in rural branches.

Specific tasks and responsibilities

  • Secure the MOU with a partner bank
  • Support the coordination of the activities of the project. In particular, coordinate with project partners - UNIDO Indonesia, bank(s), off-takers and Indonesia national and local governments.
  • Support the finalization of the first Green Catalogue and obtain the SPO.
  • Provide technical assistance to the partner bank in developing standardized processes for loan applications and approvals for the inception project’s SDGs-linked loan.
  • Coordinate with UNIDO to engage with SMEs to raise awareness of the SDG linked loan.
  • Support partner bank in its marketing campaign for the SDGs-linked loan.
  • Ensure smooth loan underwriting and disbursement processes
  • Monitor loan repayments from the borrowers
  • Working with the partner bank to scale up the first loan product
  • Support the coordination of the activities of the project. In particular, coordinate with project partners - UNIDO Indonesia, bank(s) and Indonesia national and local governments - on the second project of the SDGs-linked loan.
  • Support the UNEP FI Regional Coordinator in engaging with Indonesian banks on PRB outreach and implementation.

The Consultant will be reporting to the UNEP FI Secretariat and the UNEP FI Programme Officer and work directly with Asia Pacific Coordinator at UNEP FI and the UNEP Indonesia National Coordinator.

Qualifications/special skills Academic background – A Master’s Degree in one or several of the following areas: finance, business administration, economics, urban studies, science, social sciences, environmental studies or sustainable development.

Experience – At least 7 years working experience in finance and/or sustainable development. Knowledge of and experience in sustainable banking is considered a strong advantage.

Languages Languages – English is the working language of UNEP FI. Bahasa Indonesian is also required for this position. Knowledge of other United Nations languages is an asset.

Additional Information Skills & knowledge – Knowledge of project development and planning; Good coordination, organization and planning skills, with the ability to work under pressure; Manages competing demands and changes approach or methods to suit the situation. Has good knowledge of banking sector or sustainable finance.

No Fee THE UNITED NATIONS DOES NOT CHARGE A FEE AT ANY STAGE OF THE RECRUITMENT PROCESS (APPLICATION, INTERVIEW MEETING, PROCESSING, OR TRAINING). THE UNITED NATIONS DOES NOT CONCERN ITSELF WITH INFORMATION ON APPLICANTS’ BANK ACCOUNTS.

Potential interview questions

Can you describe a time when you successfully managed a project under tight deadlines? The interviewer is assessing your project management and time management skills. Provide an example that highlights your ability to prioritize tasks and achieve project goals.
How do you engage stakeholders in a project to ensure collaboration and support? This question evaluates your stakeholder management and communication skills. Pro members can see the explanation.
What strategies would you use to promote SDG-linked loans to potential SME clients? Pro members can see the explanation. Pro members can see the explanation.
Can you provide an example of how you adapted to unforeseen challenges during a project? Pro members can see the explanation. Pro members can see the explanation.
Describe your experience with capacity development in the banking sector. Pro members can see the explanation. Pro members can see the explanation.
Added 3 years ago - Updated 1 year ago - Source: careers.un.org