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Better Than Cash
Background
General Assembly Resolution 2186 (XXI) decided to “bring into operations the United Nations Capital Development Fund as an organ of the General Assembly which shall function as an autonomous organization of the United Nations. The UN Capital Development Fund (UNCDF) assists developing countries, especially least developing countries, in the development of their economies by supplementing existing sources of capital assistance by means of grants, loans, and guarantees. UNCDFs vision is to help mobilize and catalyze an increase of capital flows for SDG impactful investments to Member States to address the most pressing development challenges facing vulnerable communities in these countries and thereby contribute to sustainable economic growth and equitable prosperity.
UNCDF utilizes its unique capability in the UN system to deploy grants, loans and guarantees to crowd-in finance for the scaling of development impact. UNCDF focuses on where the needs are greatest, a deliberate focus and capability rooted in UNCDF’s unique investment mandate to support the achievement of the 2030 Agenda for Sustainable Development and the realization of the Doha Programme of Action for the least developed countries, 2022–2031.
As per its Strategic Framework, UNCDF works to deploy its functions as a hybrid development organization and development finance institution. UNCDF responds to Member States requests for assistance by providing targeted technical and financial advisory services on investments for development outcomes, designing bespoke financial structuring solutions, undertaking financial derisking of investments, and enhancing investment readiness of SDG aligned projects in partnership with private sector, UNOs, International and Local Finance Institutions, Development Finance Institutions as well as Foundations and Philanthropy, among others. UNCDF works to develop local financial systems, new markets and mobilize and crowd in capital from public and private sources. UNCDF is driven by a partnership mindset which enables it to deploy its different capital capabilities in highly tailored and responsive ways in order to mobilize investments flows from other sources, in particular from the private sector. By structuring transactions which are highly impactful, but also recognize the need for multiplying the impact of its own capital, UNCDF seeks to position itself as a preferred partner for different stakeholders. UNCDF’s work is focused on three priority areas, including:
UNCDF’s organizational set up includes an Investment and Implementation Division (IID), Investment and Finance Oversight Division (IFOD), Operations and Oversight Division (OOD) and a Directorate of the Executive Office. UNCDF staff and personnel are located in regional hubs based in Dakar (Senegal), Nairobi (Kenya) and Bangkok (Thailand) with sub-regional presence in a number of locations in the Caribbean and Pacific Regions. UNCDF is led by an Executive Secretary based out of New York, USA. Pursuant to General Assembly resolution 2321(XXII, para 1.a), the Administrator of the UNDP performs the function of the Managing Director of UNCDF. UNCDF is overseen by an Executive Board comprised of UN Member States.
Impact Measurement Verification and Learning (IMVL) Background
Creation of the IMVL unit underscores UNCDF’s commitment to delivering verifiable impact and transparent reporting to its partners through:
With the IMVL unit in place, UNCDF is better equipped to validate and learn from results across the UNCDF portfolio, serving as a lynch pin for credibly assessing impact under the new UNCDF Strategic Framework 2026-2029.
As part of the Directorate, the Impact Measurement Verification and Learning (IMVL) unit supports the Executive Secretary and all Divisions to strengthen UNCDF's impact credibility, verified results, evaluation function, and institutional learning.
Duties and Responsibilities
1. Impact Verification, Benchmarking and Indicator Repository Development
2. Provision of Monitoring and Evaluation Support
3. Collaboration, Coordination, Learning and Knowledge Sharing
4. Digital Tools and Innovation
5. Facilitate knowledge and capacity building and knowledge sharing
The incumbent performs other duties within their functional profile as deemed necessary for the efficient functioning of the Office and the Organization.
Competencies
Achieve Results: LEVEL 1
Think Innovatively: LEVEL 1
Learn Continuously: LEVEL 1
Adapt with Agility: LEVEL 1
Act with Determination: LEVEL 1
Engage and Partner: LEVEL 1
Enable Diversity and Inclusion: LEVEL 1
Cross-Functional & Technical competencies:
Business Development and Strategy: Strategic Thinking
Business Direction and Strategy: Systems Thinking
Business Direction and Strategy: Effective Decision Making
Data: Data Analysis
Business Management: Monitoring and Evaluation
Business Development: Knowledge Generation
2030 Agenda: Partnerships: SDG Finance
Required Skills and Experience
Min. Academic Education:
Min. years of relevant work experience:
Required skills:
Desired skills in addition to the competencies covered in the Competencies section:
Required Language(s):
Equal opportunity
As an equal opportunity employer, UNDP values diversity as an expression of the multiplicity of nations and cultures where we operate and, as such, we encourage qualified applicants from all backgrounds to apply for roles in the organization. Our employment decisions are based on merit and suitability for the role, without discrimination.
UNDP is also committed to creating an inclusive workplace where all personnel are empowered to contribute to our mission, are valued, can thrive, and benefit from career opportunities that are open to all.
Sexual harassment, exploitation, and abuse of authority
UNDP does not tolerate harassment, sexual harassment, exploitation, discrimination and abuse of authority. All selected candidates, therefore, undergo relevant checks and are expected to adhere to the respective standards and principles.
Right to select multiple candidates
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.
Scam alert
UNDP does not charge a fee at any stage of its recruitment process. For further information, please see www.undp.org/scam-alert.