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Trust Funds Senior Innovative Finance Advisor
United Nations Capital Development Fund (UNCDF)
IPSA-12 Consultancy Internationallly Recruited
Closing soon: 28 Feb 2026
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Posted 23 hours ago
Job Description

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. 

As a Flagship Catalytic Blended Financing platform of the UN, 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:  

  • SME Finance 

  • Sub-National Finance 

  • Digital Finance 

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. 

Duties and Responsibilities

UNCDF’s structure includes within the IID, a Strategic Funds Unit (SFU) to augment its capacity to deploy grants, loans, and guarantees to crowd-in finance for the scaling of development impact.  The SFU is dedicated to developing and overseeing trust funds, in partnership with UN agencies and other partners, that deploy blended finance approaches to leverage investment and sustainable revenue streams to mobilize capital at scale, expand pipelines of investable solutions, and strengthen alignment with global climate, biodiversity, and SDG commitments. The SFU provides integrated secretariat services from its liaison office in Geneva Switzerland.  

To facilitate the achievement of these objectives, UNCDF seeks to hire a Trust Funds Senior Innovative Finance Advisor within the Strategic Fund Unit – integrated fund secretariat services to support UNITLIFE, Central Africa Forest Initiative, Global Fund for Coral Reefs, the Plastic Transition Investment Facility, and other relevant Trust Funds. The incumbent will also contribute to UNCDF corporate activities as required by the UNCDF Investment and Finance Oversight Division. 

 The incumbent will provide strategic leadership for UNCDF’s Innovative Finance agenda, with a focus on pioneering financial solutions, debt restructuring, and cross-sectoral partnerships that mobilize resources and scale impact in collaboration with governments, UN organizations, IFIs, MDBs, international development actors and private sector partners. 

 

Develop new Trust Fund revenue models 

  • Drive Strategic Vision on Innovative Finance: Design and execute bold strategies to mobilize non-traditional revenues across UNCDF Strategic Trust Funds (UNITLIFE, GFCR, PTIF, CAFI, and other trust funds), including private capital, through pioneering financing models and cross-sector partnerships. 

  • Pilot New Mechanisms: Develop sandbox environments to test innovative finance approaches aligned with UN standards. 

  • Advise on Public Financial Strategy: Provide expert advice to governments and Trust Funds on debt restructuring and fiscal transition optimization. 

 Develop Debt Swaps/Conversions instruments 

  • Conceptualize and Scale Instruments: Coordinate the design, structuring, execution, and scaling of debt swaps/conversions, credit enhancement and blended finance strategies, Islamic finance and digital fundraising across UNCDF Trust Fund secretariat services (UNITLIFE, GFCR, CAFI, PTIF). 

  • Leverage Structured Finance Solutions: Apply proven structured and capital market models to adapt solutions for resource-constrained environments, in close collaboration with UNCDF Investment and Finance Oversight Division. 

  • Drive Flagship Cross-Sector Partnerships: Build multi-stakeholder alliances with governments, MDBs, DFIs, IFIs, philanthropies, and private capital, including top financial institutions and legal firms in debt restructuring. 

 Mobilize Co-Financing for DS-C instruments 

  • Operationalize Co-Financing Mechanisms: Design and implement matching and co-financing strategies that leverage host governments, MDBs, DFIs, and private capital. 

  • Inform Strategy Through Research: Track emerging modalities, market trends, and risks to strengthen UNCDF’s positioning. 

  • Deploy Digital Solutions: Explore AI, blockchain, and other technologies to enhance transparency, efficiency, and financial inclusion. 

 Private Sector Engagement, and Institutional Collaboration  

  • Mobilize Private Sector Participation: Facilitate negotiations and structuring with private sector actors, aligning incentives through guarantees, concessional finance, or performance-based arrangements. 

  • Coordinate with LDC Governments and Development Partners: Align UNCDF/UNITLIFE and other Trust Funds and Investment Facilities interventions with national nutrition plans, working directly with LDC governments to institutionalize finance models. 

  • Develop UNITLIFE Malnutrition/Climate nexus Consortiums: Convene stakeholders, investors, and funds to co-design and scale finance solutions that address resilience and climate risks under the UNCDF Strategic Fund portfolio.  

 Institutional Arrangement 

The Trust Funds Senior Innovative Finance Advisor will report to the UNCDF Strategic Fund Senior Advisor of the Strategic Fund Unit with a matrix reporting to the Senior Investment Specialist in the Investment and Finance Oversight Division.  

Competencies

Core Competencies 

Achieve Results: 

​​LEVEL 3: Set and align challenging, achievable objectives for multiple projects, have lasting impact ​ 

Think Innovatively: 

​​LEVEL 3: Proactively mitigate potential risks, develop new ideas to solve complex problems ​ 

Learn Continuously: 

​​LEVEL 3: Create and act on opportunities to expand horizons, diversify experiences​ 

Adapt with Agility: 

​​LEVEL 3: Proactively initiate and champion change, manage multiple competing demands ​ 

Act with Determination:  

​​LEVEL 3: Think beyond immediate task/barriers and take action to achieve greater results​ 

Engage and Partner: 

​​LEVEL 3: Political savvy, navigate complex landscape, champion inter-agency collaboration​ 

Enable Diversity and Inclusion: 

​​LEVEL 3: Appreciate benefits of diverse workforce and champion inclusivity​ 

Cross-Functional & Technical Competencies

Business Direction & Strategy  

Systems Thinking 

Ability to use objective problem analysis and judgement to understand how interrelated elements coexist within an overall process or system, and to consider how altering one element can impact on other parts of the system 

Portfolio Management 

Ability to select, prioritise and control the organization’s programmes and projects, in line with its strategic objectives and capacity; ability to balance the implementation of change initiatives and the maintenance of business-as-usual, while optimising return on investment 

Business Management 

Evaluation 

  • Ability to make an independent judgement based on set criteria and benchmarks. 
  • Ability to anticipate client's upcoming needs and concerns. 

Communication 

  • Ability to communicate in a clear, concise and unambiguous manner both through written and verbal communication; to tailor messages and choose communication methods depending on the audience.
  • Ability to manage communications internally and externally, through media, social media and other appropriate channels 

Required and Desired Skills and Experience

Education:

  • Master’s Degree (or equivalent) in Economics and Business Administration and/or other relevant field, or 
  • Bachelor’s degree with additional two (2) years of experience in lieu of Master’s Degree. 

Experience:

  • A minimum of 10 years (with master’s degree) of progressively responsible experience in providing policy and/or program strategic advice, as well as developing and executing innovative finance models and partnership at the intersection of finance, technology and sustainability. 

Required skills:

  • Experience in providing strategic advice to support effective decision making is required 
  • Proven experience in developing and implementing Innovative finance mechanisms - especially debt swaps, debt conversions, blended finance, co-financing, philanthropic and Islamic financing, digital fundraising initiatives - is required. 
  • Proven experience in developing and executing sustainable innovative finance strategies for UN organizations. 

Desirable skills:

  • Proven experience in fostering and nurturing win-win multisectoral partnerships (public, private, UN, NGOs, civil society, DFIs / IFIs, etc.). 
  • Proven track record in multisectoral resource mobilization initiatives for the benefit of development programs, ideally in development, health, nutrition and food security areas. 
  • Experience working with or as part of a UN Trust Fund is required. 
  • Professional experience engaging with multiple stakeholders and various UN workstreams/entities in UN Programs. 
  • Professional experience within governmental domains of development coordination enhancing coherence and supporting successful program implementation, particularly for sustainable development outcomes.  

Language skills:

  • Fluency in English is required.  
  • Fluency in French is required.  
  • Knowledge of another UN language (Arabic, Chinese, Russian, Spanish) is desirable. 

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.

 
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