*JOB POSTING*
*Innovative Financing Specialist*
*SUMMARY ABOUT THE PROJECT*
Field Support Services Project (FSSP) is a five-year project (October 2019
– October 2024) funded by DFATD and managed by Cowater International. FSSP
provides administrative, financial, procurement, and logistical services as
well as support to the in-country development programming for the
Government of Canada through the provision of technical specialists in
gender equality, governance and human rights, and environment and climate
action and assisting DFATD in procuring and managing local development
initiatives. These programs will take place in Indonesia and the ASEAN
regions.
*SUMMARY OF POSITION*
FSSP is currently looking for *Innovative Financing Specialist* to provide
advices, analysis of specific finance knowledge and network development
which will offer a stock-take of some of the most important initiatives in
the realm of innovative finance – both those that have reached
implementation stage and those that remain aspirational. He/she will
explore the role of innovative finance in a changing international finance
landscape – one which has seen new finance providers, new financial
instruments and sustainable finance initiatives emerge and become more
prominent over recent years; and compile new data and reflect the
perspectives of a range of experts who will be consulted and interviewed
for their inputs. The advices and analysis services will be provided to
both Global Affairs Canada (GAC) and the Government of Indonesia. He/she
will be led by GAC Sector Team Lead in consultation with other relevant
stakeholders.
*KEY RESPONSIBILITIES*
Applicable but not limited to the Sustainable Landscape Management sector:
- Familiarize him/herself with GAC programs linked to innovative
financing, different programming modalities, and risk tolerance;
- Compile new data on current trends on innovative finance, comparing
this to historical data on innovative finance, analyze the different
innovative finance approaches by deal size, financial instruments/vehicles,
type of investors, etc.;
- Carry out a brief literature review on the range of applications of
innovative finance mechanisms, and how they are funded;
- Conduct a mapping of partnerships among public, private and
philanthropic investors in social services, SMEs and infrastructure
development. This entails identifying:
o Who are the philanthropists and foundations;
o What are philanthropists, foundations and private sector investing in,
and;
o What do they want as a result;
o How is the philanthropist and public sector partnering with the private
sector.Conduct a mapping of other donors’ initiatives in the market.
- Explore what sector and under what condition certain innovative
finance approach has worked (or not) in Indonesia, and why;
- Specifically identify opportunities where GAC should and could deploy
its concessional finance capital and technical assistance, taking into
account different program parameters and policy priorities, types of
financial instruments and authority available, and potential linkages and
priorities of other concessional capital providers in the same market.
- Offer reflections and recommendations on ways forward in this area;
- Participate in regular meetings/conference calls with GAC and key
stakeholders;
- Support GAC to carry out other analysis and support to the planning of
new initiatives;
- Comment on proposals for funding;
- Compile information; and
- Any other relevant tasks as assigned by the GAC.
*JOB REQUIREMENTS*
*Education:*
Post-graduate degree from an accredited, recognized institution in a
relevant discipline such as business administration, economics, finance,
international development, or relevant fields. Additional graduate
qualifications will be considered as assets.
*Minimum Experience:*
The Consultant must have a solid knowledge of the innovative financing
sector, a good knowledge of Indonesia context, a good knowledge of the
Canada’s Feminist International Assistance Policy (FIAP) and a good
knowledge of:
- Canada’s Approach to Innovative Financing for Sustainable Development
- the Addis Ababa Action Agenda (AAAA)
- Agenda 2030
- the Paris Agreement on Climate Change
- OECD-DAC blended finance principles
- Tri Hita Karana Roadmap for Blended Finance
- Gender-lens investing
*Competencies:*
- Demonstrates integrity by modelling GAC’s values and ethical standards;
- Promotes the vision, mission, and strategic goals of GAC, including
responsible and gender-sensitive development investments;
- Displays cultural, gender, religion, race, nationality, and age
sensitivity and adaptability;
- Demonstrated ability to interact with individuals of different
national and cultural backgrounds and beliefs, which includes the
willingness to understand different views and opinions;
- Demonstrates a rigorous analytical approach, systemic thinking, and
good judgement in reviewing secondary sources;
- Displays self-management, including capacity to plan and adhere to
deadlines;
- Displays emotional intelligence;
- Self-motivated, proactive, and reliable with good communication skills.
*Essential Skills:*
- At least 3 years of experience in working in the domains of Social
Entrepreneurship, Innovation, Venture Capital, Private Equity, Impact
Investment, Project Incubation & Acceleration, or Project Finance;
- Experience working in an International Financial
Institution/Development Financial Institution and/or other bilateral donors
in the context of innovative financing for development;
- Ability to innovate and work within and across government and private
institutions on private sector financing solutions for development (ideally
with an understanding of available solutions);
- Experience and understanding of policy, advocacy, evaluation,
business, and finance;
- At least 3 years of relevant experience in writing and researching on
public and or/private finance;
- Demonstrated experience in writing concisely and clearly on complex
economic and financing topics;
- Experience on financing for development topics/processes, especially
innovative finance;
- Strong knowledge of the international and regional sustainable
finance; and
- Other experiences on blended/innovative financing projects.
*Experience considered as an asset:*
- International experience in the fields of business and economic
research environment and an understanding of the issues and challenges in
Indonesia;
- Experience having developed and/or facilitated complex partnerships,
ideally including between public and private parties; strong relationship
builder with excellent interpersonal skills is essential for this position;
and
- Establishment and operations of investment funds, including sovereign
investment funds that invest domestically, and including legal, regulatory,
institutional and governance aspects.
*Language Requirements*
The Consultant must possess the following levels in English:
· Oral = 4 – Advanced Professional Proficiency
· Reading = 4 – Advanced Professional Proficiency
· Writing = 4 – Advanced Professional Proficiency
*WORK ARRANGEMENTS / EMPLOYMENT CONDITIONS*
The Consultant will work from his/her home base with virtual
meetings/interviews with GAC colleagues and external experts. The
Consultant is expected to rely on his/her expertise, conduct an extensive
literature review and perform triangulation by interviewing experts. The
draft reports/deliverables produced by the Consultant will be peer reviewed
by experts, the result of which should be incorporated by the Consultant.
The Consultant will report to GAC’s Innovative Financing Sector Team Lead.
A consultant evaluation will be completed in order for regular payment to
be released upon satisfactory delivery of the assignments. In the event
that travel to other regions or cities is necessary, all necessary costs
will be borne by GAC through the Field Support Services Project (FSSP).
*DURATION AND VALUE OF CONTRACT*
The total expected duration of the assignment is for one year with maximum
number of working days is *120 days*. All reports must be finalized and
submitted within this period. The Consultant is expected to start on or
around mid *February 2020.*
Payments will be processed against the reports (deliverables), therefore a
financial report is requested for each deliverable, giving the opportunity
for the Consultant to manage the number of days to spend on each
deliverable within the defined timeframe.
*APPLICATION PROCESS*
The application is a two-step process. Failing to comply with the
submission process may result in disqualifying the applications:
*Step 1: *Interested individual consultants must include the following
documents when submitting their application to admin@xxxxxxxxxx
latest by *Friday,
7 February 2020*.
- CV indicating all past experience from similar projects relevant to
the assignment, contact details (email and telephone number) of the
Consultant and at least three (3) professional references (max 3 pages); and
- Brief statement as to why the individual considers him/herself as the
most suitable for the assignment (max 1 page).
*Step 2: *Submission of Financial Proposal
After review of applications, shortlisted candidates (ONLY) will be
contacted by FSSP and requested to submit a Financial Proposal:
- The financial proposal should specify an all-inclusive daily rate and
the lumpsum fee based on deliverables (which will be provided) with cost
breakdown for up to 120 working days;
- The financial proposal must be all-inclusive and take into account
various expenses that will be incurred during the contract, including: the
daily professional fee and, when applicable, any other relevant expenses
related to the performance of services under the contract, not including
travel expenses; and
- The Financial Proposal is to be submitted by e-mail as per
instructions provided in a separate email that will be sent to shortlisted
candidates.
Incomplete applications will not be considered, please make sure you have
provided all requested materials.
Qualified women are encouraged to apply.
Due to the large number of applications we receive, we are only able to
inform the shortlisted candidate(s) about the outcome or status of the
selection process.
*Evaluation of Application*
*Technical Evaluation*
The evaluation of the Technical criteria will be as follows:
*St No*
*Criteria*
*Points*
1
Academic qualifications of the Consultant
10 points
2
Specific experience of the Consultant relevant to the assignment
30 points
3
Consultant’s knowledge of the innovative financing sector
20 points
4
Proficiency in Spoken and Written English
20 points
5
Consultant’s knowledge of Indonesia
10 points
6
Consultant’s knowledge of other areas relevant to the assignment
10 points
*Total points*
*100 points*
NB: The minimum technical score (St) required to pass is: 70 points.
*Financial Evaluation*
The evaluation of the financial quote will be as follows:
The lowest evaluated Financial Quotation (Fm) is given the maximum
financial score (Sf) of 100. The formula for determining the financial
scores (Sf) of all other Quotations is calculated as following:
*Sf = 100 x Fm/F*
in which “Sf” is the financial score, “Fm” is the lowest price, and “F” the
price of the Quotation under consideration.
*The weights given to the Technical (T) and Financial (P) are:*
T = 70%
P = 30%
Quotations are ranked according to their combined technical (St) and
financial (Sf) scores using the weights (T = the weight given to the
Technical Criteria; P = the weight given to the Financial Quotations; T + P
= 1) as follows:
*S = St x T% + Sf x P%.*
*ABOUT US*
With more than 34 years’ experience, Cowater International is Canada’s
global leader in management consulting services specializing in
international development and has managed the implementation of over 800
projects in more than 80 countries around the globe. We work with
governments, partner organizations, communities and civil society to design
and implement sustainable solutions that generate lasting social, financial
and environmental impacts. Our adaptive approach to management has led to
our award-winning work and recognition as one of Canada’s Best Managed
Companies in 2017 and 2018. Headquartered in Ottawa, Canada, Cowater
International also has corporate offices in Montreal, Quebec, Paris,
France, Pretoria, South Africa, and London, United Kingdom, Nairobi, Kenya
in addition to project offices in a wide variety of other locations across
Sub-Saharan Africa and Asia.
*We thank you for your interest in building a better tomorrow with Cowater
International.*
