Program Officer (MCDF)

Program Officer

Multilateral Cooperation Center for Development Finance

Background

The Multilateral Cooperation Center for Development Finance (MCDF) is a multilateral platform designed to increase high-quality connectivity investments in developing countries through wider application of accredited international financial institutions (IFIs) standards and to encourage other investors and financial institutions to adopt these standards. The MCDF activities include information sharing, building capacity and project preparation.

The MCDF comprises:

• A Collaboration Platform, overseen and directed by the Coordination Committee (CC), to promote communication and collaboration among the IFIs and other development partners about their plans and activities relating to infrastructure and connectivity investment, investment standards, debt sustainability and other social and economic issues that help ensure the sustainability and transparency of investments.
• A Finance Facility, overseen and directed by the Governing Committee (GC), that would fund grants:
  • To the accredited implementing partners of the MCDF when they carry out preparation activities for connectivity projects, prioritizing projects that are undertaken in collaboration with new development partners interested in implementing projects with stronger investment standards;
  • For capacity building activities for developing countries and/or new development partners in the areas of sustainable investments; and
  • For activities proposed by the collaboration platform.
• A Secretariat to support the day-to-day operations of the MCDF led by a CEO.
• An Administrator to provide corporate, mainly financial, services to the MCDF.

The Asian Infrastructure Investment Bank (AIIB) serves as the Administrator of the MCDF and host of the Secretariat effective June 30, 2020. The Secretariat will provide program management and administrative services to support the Finance Facility and the Collaboration Platform. It will be administratively established by, but functionally independent from, AIIB. Recognizing its functional independence, the Secretariat will be accountable to the GC for its substantive activities while remaining accountable to the Administrator for complying with AIIB’s administrative rules and procedures. The operations of the MCDF, including positions of the MCDF Secretariat, are subject to the availability of funds contributed to the MCDF.  MCDF Secretariat staff are hired under AIIB staff rules, receiving the same remuneration and benefits as regular AIIB staff with an equivalent level of seniority.

Program Officer – Duties and Accountabilities

• Support the development of MCDF’s medium-term strategy to attain results.
• Prepare, for review and approval of MCDF Governing Bodies, programming and monitoring policies, operations manual and other documents, proposals for funding priorities and project selection criteria, and reporting formats to be used by the Implementing Partners (IPs).  
• Oversee and maintain the MCDF pipeline, in coordination with the IPs, and ensure a matching of the pipeline with available resources.
• Prepare pipeline reviews and reports for submission to the MCDF Governing Bodies.
• Funding proposals prepared by the IPs for submission to the MCDF Governing Bodies.
• Compile proposed work programs. 
• Monitor and prepar reports on results in accordance with the MCDF Results Framework.   
• Support the development of the accreditation criteria and framework.
• Participate and/or chair consultations, workshops, and information exchange among Implementing Partners with a view to strengthening the pipeline.  And
• Any other duties as assigned by the Program Head or the CEO of the MCDF.

Candidate Requirements:  

• Minimum 5-8 years of working experience in planning, preparing and assessing feasibility of infrastructure projects in areas of transport, energy, information and communication technology, and water. Experience in strategy development and results monitoring would be plus.
• Understanding of how MDBs work, including their project cycle.  Work experience in MDBs would be a strong advantage. 

• Ability to work collaboratively in a multi-cultural environment. 
• Excellent oral and written communication skills in English. 
• Master’s degree or equivalent in engineering, science, business administration, finance, economics or related fields from a reputable university.