Portfolio Management Specialist

UNOPS helps its partners in the United Nations system meet the world’s needs for building peace, recovering from disaster, and creating sustainable development. UNOPS is known for its ability to implement complex projects in all types of environments around the globe. In an effort to promote organizational excellence, UNOPS seeks highly qualified individuals for the following position:

Vacancy Details

Vacancy Code
UNOPS/2011/AFO-CLUSTER
Post Title
Portfolio Management Specialist

Post Level ICA- 3
Contract type International Individual contractor(ICA)
Org Unit AFO Cluster
Duty Station Daresaalam , Tanzania

Duration
6 Months

Closing Date
13 April 2011

Background

The Tanzania Investment (TIB) is a licensed financial institution which is in the process of transforming itself into a strong, profitable and sustainable Development Financial Institution (DFI) in order to support and promote large scale investments in Tanzania. The bank plans to discharge this mandate while maintaining commercial banking activities which will be run through a registered subsidiary company. This move was approved by the Government of Tanzania as part of the Second Generation Financial Sector Reform Programme in mid 2010.

With the assistance of the regional technical assistance facility spearheaded by the Development Bank of Southern Africa (DBSA), the SADC Development Finance Resource Centre (DFRC) and UNOPS, the bank seeks a highly qualified and experienced expert in Portfolio Management to develop required systems, procedures and standards as well as provide appropriate hands-on training to its staff as stipulated in these terms of reference.

Duties and Responsibilities

A. The candidate is expected to undertake the following tasks:

1) Review existing skills audit reports prepared by consultants and develop interventions required to close identified gaps.
2) Develop a short (12 months) to a medium term (3 years) capacity building program for the Portfolio Management Division.
3) Develop a Monitoring and Evaluation plan of the capacity building programme.
4) Motivate and secure the financing of the capacity building programme
5) Develop core competencies in project monitoring in the Portfolio Management Division.
6) Develop and implement appropriate capacity building interventions such as coaching, mentoring, training, exchange programs.
7) Successfully implement the capacity building plan in (3) above.
The scope of services shall cover all the tasks outlined in the terms of reference. It shall also require imparting practical on- the job skills transfer by leading the professionals in the Portfolio Management Division in performing monitoring activities which include but may not be limited to formulation of monitoring and evaluation frameworks, designing of contracts, contract administration, project monitoring, project evaluation, loss management, project management, carrying out of impact development assessments, the development and implementation of project rehabilitation/workout strategies, project risk identification and mitigation, the development and implementation of project monitoring and evaluation guidelines, and the production of project monitoring and evaluation reports.

B. The consultant shall impart to Portfolio Management staff knowledge on procedures and performance management standards to be followed in monitoring of the under mentioned accounts :
1) Projects under implementation
2) Operating companies
3) Accounts under Agency Funds
4) Financial Leasing
5) Overdrafts
6) Structured Financing
7) Syndicated loans
8) Equity Financing
9) Accounts under Loan Recovery i.e. accounts under receivership, accounts under litigation, accounts under work outs, and accounts under debt collectors.

C. The Consultant shall impart knowledge on project procurement procedures covering services of Architects, Engineers, Quantity Surveyors, Valuers, Auditors, Receiver &Managers, Management Consultants, Clearing and Forwarding.
1) The consultant shall impart knowledge on loan funds disbursement procedures and procedures for monitoring of loan repayments.
2) The Consultant shall impart knowledge on project evaluation reporting system after project completion.
3) The Consultant shall impart knowledge on procedures for rescheduling of accounts under implementation and accounts under Operating Companies.
4) Develop software systems for assignments under Agency Funds
5) Comment on the existing Portfolio Management Structure and propose areas of improvement, if any.
6) Provide hands on training to staff on the policies, procedures and standards, use of tools, reporting and decision making.
7) Develop a skills transfer plan at the beginning of the assignment and ensure that it is implemented.

Education/Experience/Language

At least a Masters degree in Banking, Public Finance, Economics and/or Business Management

Work Experience
1) At least 11 years in the banking sector, 5 of which should be in monitoring and supervising projects in a well established Development Financing Institution(s). Should have at least 3 years experience at management level.
2) Experience in project financing, capacity building.

Selection Criteria

Competencies

The Candidate should posses the following attributes:
1) Demonstrated in-depth understanding of credit monitoring and supervision in development finance institutions and other relevant international organisations
2) Good appreciation of monitoring procedures of key DFIs such as AfDB, DBSA, PTA Bank, IMF, WB, etc.
3) Team management as well as good leadership skills.

How to apply

Submission of Applications

Qualified candidates may submit their application, including a letter of interest, complete Curriculum Vitae and an updated United Nations Personal History Form (P.11) (available on our website), via e-mail to afoclustervacancies@unops.org

Kindly indicate the vacancy number and the post title in the subject line when applying by email.

Additional Considerations

- Applications received after the closing date will not be considered.
- Only those candidates that are short-listed for interviews will be notified.
- Qualified female candidates are strongly encouraged to apply.
- UNOPS reserves the right to appoint a candidate at a level below the advertised level of the post.

For more information on UNOPS, please visit the UNOPS website at www.unops.org