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Fund Portfolio Manager

New York City

  • Organization: UNDP - United Nations Development Programme
  • Location: New York City
  • Grade: Mid level - P-4, International Professional - Internationally recruited position
  • Occupational Groups:
    • Operations and Administrations
    • Managerial positions
  • Closing Date: Closed

Background

The Portfolio Manager leads the substantive development and administration of the MPTFO’s Humanitarian portfolio, and contributes to MPTFO strategic planning. 
 
The MPTF Office is a UN centre of expertise on pooled financing mechanisms. It supports development effectiveness and UN coherence through the efficient, accountable and transparent design and administration of innovative pooled financing instruments as well as provision of advisory services for fund operations. 
 
Housed within UNDP, the MPTF Office is firewalled from all UN implementing entities, UNDP included. The MPTF Office has put in place a number of tools and systems to support its fund administration services, including a separate General Ledger Business Unit in ATLAS (MDTF1) and the MDTF Office GATEWAY (see mdtf.undp.org).
 
The MPTF Office’s current portfolio is over $10 billion in total (> 750 million/year) and includes over 100 pooled financing mechanisms (country-level and global MDTFs, Joint Programmes (JPs) and National Funds), established for humanitarian, transition, development and climate change activities. 
 

Duties and Responsibilities

Under the overall guidance and direction of the Executive Coordinator of the MDTF Office, the Portfolio Manager’s responsibilities will include the following main functions

Humanitarian Cluster Strategic Planning, Management and HR Development

  • Leads MPTFO strategic planning in Humanitarian 
  • Leads the humanitarian cluster and is responsible to talent management for the humanitarian team

Fund  Formulation, Establishment, and Policy Analysis 

  • Leads the development of the Humanitarian portfolio and contributes to the development of other thematic portfolios.
  • Translates new fund objectives and theory of changes into detailed fund architecture, scope and governance structures; identifies cost and risk drivers; evaluates and monitors financial viability; and designs and develops systems solutions to support fund design. 
  • Negotiates and finalises contribution agreements using pre-established legal agreements and making adjustments as required.
Fund Administration and Result-Based Reporting
  • Oversees the administration of the Humanitarian portfolio and of other medium to high complexity funds in her/his portfolio. 
  • Manages annual reporting for the Humanitarian cluster. 
  • Coordinates and responds to audit observations made on the fund operations in the humanitarian cluster and ensure follow-up actions are taken on agreed recommendations.
Coordination, Representation, Networking
  • Raises awareness amongst the donor community and UN agencies of the MPTFO activities, and represents the MPTF Office in the appropriate inter-agency fora dealing with humanitarian issues. 
  • Actively collaborates and coordinates with UN OCHA and other Fund Secretariats regarding the external communication on the humanitarian portfolio through website postings, periodic publications and public meetings. 
  • Creates networks and promotes initiatives with partner organizations to enhance fund development, capitalization and implementation.
Knowledge Management and Advisory Services
  • Identifies and articulates lessons learnt on the operations of the Humanitarian Funds and other Funds in her/his portfolio and leads and actively contributes to the formulation of guidelines, procedures and policies that would further improve the efficiency and effectiveness of their operations.  
  • Provides advisory services upon request for new fund start-up including (a) the establishment of fund secretariats (interim staffing, formulation of operational manuals, etc.); (b) risk management (including assessment and accreditation of the fiduciary capacity of partners); and (c) support to development and operationalization of innovative financing instruments. 
 

Competencies

Core
  • Innovation
  • Ability to make new and useful ideas work
  • Leadership
  • Ability to persuade others to follow
  • People Management
  • Ability to improve performance and satisfaction
  • Communication
  • Ability to listen, adapt, persuade and transform
  • Delivery
  • Ability to get things done
Key Functional 
  • UN Coordination and Knowledge Management Skills on Pooled Financing Instruments
  • Knowledge of UN inter-agency and national pooled financing instruments, including applicable legal arrangements.
  • Humanitarian Finance
  • Knowledge of theories of change, global funding environment and pooled financing instruments for humanitarian situations
  • Fund Architecture Design
  • Knowledge of issues related to fund establishment and viability, including analysis of comparative advantages of specific funds, business case development, translation of a theory of change into a fund result matrix and result-based management system linking programmatic outcomes and financial flows, advice on options for governance arrangements; and negotiating and finalizing legal agreements and structures
  • Financial Expertise & Process Innovation
  • Financial and business process engineering expertise required to design, implement and innovate upon standard fund capitalisation instruments and standard business processes related to the receipt and deposit of financial contributions from donors, treasury and investment management, disbursement of funds, the production of annual Fund reports and certified financial reports and timely closure of projects and funds
  • Partnerships
  • Ability to engage with other agencies, donors, and other development stakeholders and forge productive working relationships
Supporting Technical/Functional
  • Thematic and Analytic (humanitarian, development, climate change)
  • Knowledge of global theories of change, global funding environment and pooled funding instruments in specific thematic areas (humanitarian, transition, development, climate change).
  • Technical Advisory
  • Capacity to assess scope of request for advisory services, prepare detailed TORs, brief and manage a variety of technical consultants; assess quality of services provided by technical consultants and take remedial measures as appropriate
  • Knowledge Management
  • Ability to efficiently handle and share information and knowledge
  • Results-based Management
  • Ability to manage programmes and projects with a strategy aimed at improved performance and demonstrable results
  • Employee Engagement
  • Ability to motivate and inspire internal resources
 

Required Skills and Experience

Education
  • Advanced university degree in development, public administration, business administration or other relevant social sciences (Master and above).
Experience
  • Minimum seven years of increasingly responsible experience in international development and with international organizations, including experience with UNDG agencies 
  • On-the-ground experience in conflict affected and fragile states with UN organizations
  • Proven experience in development project/programme formulation and execution/implementation
  • Proven track record in fund mobilization; knowledge of innovative financing instruments an asset 
  • Experience of facilitation of multi-agency and multi-donor committees
Language Requirements
  • Fluency in English both written and spoken; Working knowledge of French is an advantage.  

Disclaimer

Important information for US Permanent Residents ('Green Card' holders)

Under US immigration law, acceptance of a staff position with UNDP, an international organization, may have significant implications for US Permanent Residents. UNDP advises applicants for all professional level posts that they must relinquish their US Permanent Resident status and accept a G-4 visa, or have submitted a valid application for US citizenship prior to commencement of employment. 

UNDP is not in a position to provide advice or assistance on applying for US citizenship and therefore applicants are advised to seek the advice of competent immigration lawyers regarding any applications.

Applicant information about UNDP rosters

Note: UNDP reserves the right to select one or more candidates from this vacancy announcement.  We may also retain applications and consider candidates applying to this post for other similar positions with UNDP at the same grade level and with similar job description, experience and educational requirements.

Workforce diversity

UNDP is committed to achieving diversity within its workforce, and encourages all qualified applicants, irrespective of gender, nationality, disabilities, sexual orientation, culture, religious and ethnic backgrounds to apply. All applications will be treated in the strictest confidence.

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This vacancy is now closed.
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