UNCDF is the UN’s capital investment agency for the world’s least developed countries. It creates new opportunities for poor people and their communities by increasing access to microfinance and investment capital. UNCDF focuses on Africa and the poorest countries of Asia and The Pacific, with a special commitment to countries emerging from conflict or crisis. It provides seed capital – grants and loans – and Technical Support to help microfinance institutions reach more poor households and small businesses, and local governments finance the capital investments – water systems, feeder roads, schools, irrigation schemes – that will improve poor peoples’ lives. Recently, UNCDF has formulated its strategy ‘Leaving no one behind in the digital era’ based on over a decade of experience in digital finance in Africa, Asia and the Pacific. UNCDF recognizes that reaching the full potential of digital financial inclusion in support of the Sustainable Development Goals aligns with the vision of promoting digital economies that leave no one behind. The vision of UNCDF is to empower millions of people by 2024 to use services daily that leverage innovation and technology and contribute to the Sustainable Development Goals. For further detail on UNCDF strategy, refer to; https://www.uncdf.org/article/4931/global-strategy-leaving-no-one-behind-in-the-digital-era. UNCDF in Myanmar UNCDF has been operating in Myanmar since 2012 with a capital mandate to expand savings-led financial inclusion and use localized investments to drive poverty reduction and sustainable development. The country program seeks to improve financial service access and usage to achieve equitable, sustainable, and inclusive growth within the UN’s Sustainable Development Goals (SDGs) and the Myanmar Sustainable Development Plan (MSDP), which includes the use of innovate solutions to bring formal services for people at the bottom of the pyramid. In 2020, a new Financial Inclusion Roadmap will be launched in conjunction with the Government of Myanmar, as the nation’s highest-level financial inclusion policy document. In a pre-pandemic scenario, the need for digital products such as digital loan repayments or electronic cash transfers was a good accomplishment for the financial sector and humanitarian and development actors. Unfortunately, in the current Covid-19 pandemic, with an increasing number of destroyed livelihoods, restricted mobility, and a stringent need for maintaining social distancing, digital payments became critical to deliver resources to vulnerable population in hard-to-reach areas; and critical to reduce the number of contagions.Apply Now
Duties and ResponsibilitiesUnder the supervision of the UNCDF Myanmar Country Coordinator and in close collaboration with the Asia Regional Manager (based in Bangkok) and UNCDF Global Digital Lead (based in Kuala Lumpur), the Payment Expert will complete the following activities and deliverables. The consultant will support UNCDF in Myanmar developing an inclusive Level-one aligned integration platform for financial services providers, with a focus on last-mile FSPs. The consultant will liaise with the regulator and the private sector in the design and implementation of an interoperable platform, developing schemes and use cases adapted to the local context of Myanmar. The platform does not intend to be the only Payment System of the country, or to compete with a future National Payment System. Scope of Work (1) Provide technical assistance to the Government of Myanmar in the implementation of payment-related solutions. The work with the Government will have two main workstreams:
- Guiding and supporting the Central Bank of Myanmar and the Financial Regulatory Department, in the design and implementation of an interoperable payment scheme inclusive with different types of financial services providers, such as MFIs.
- Be the technical expert for the Department of Social Welfare in the design of electronic social payments programmes, such as the ongoing Maternal Child-Cash Transfer Programme of the Government of Myanmar, and future COVID-19 related solutions
- Advise on policy reform and improving the capability in payment-related topics
- Link ongoing or future governmental payment related initiatives to the Level-One aligned integration platform
- Payments are subject to UNCDF’s approval of the Project Progress Reports and the acceptance of the finalized documents, after incorporating the relevant feedback.
- Final payment shall require a signed performance evaluation of the consultant.
- submission of an Invoice and Certificate of Payment (COP).
- submission of all deliverables / workplan / progress report with relevant supporting documentation; and review, approval, and written acceptance of each deliverable by the UNCDF Country Lead and/or his designate.
- Excellent organizational, inter-personal and analytical skills;
- Strong written communication and presentation skills;
- Focus on impact and results for clients and stakeholders;
- Committed to teamwork, working with other stakeholders;
- Remains calm, in control and good humored even under pressure.
Required Skills and ExperienceEducation:
- A Master’s degree in economics, Administration, social sciences, or related discipline. Or equivalent of related experience
- Minimum 5 years of experience in developing contexts is mandatory
- Minimum 8 years demonstrated experience in developing and implementing projects/ programs around digital payment is mandatory
- Experience working with the regulator is mandatory.
- Previous working experience in South East Asia is preferred but not mandatory.
- Previous working experience in entrepreneurial environment, such as startups, social enterprises or new ventures is preferred.
- Experience working with international organizations is preferred but not mandatory.
- Experience in projects with financial inclusion and digital financial services is preferred but not mandatory.
- Written and spoken fluency in English is mandatory.
- Other regional languages, such as Burmese, are an asset but not mandatory.
- Cover letter with a summary statement of competencies and motivation rationalizing how the applicant meets the qualifications and can deliver the requirements of the Terms of Reference (TOR);
- Earliest availability and proposed schedule for consultancy;
- Personal CV or P11, Personal History Form with names and current contacts of 3 referees (available from http://sas.undp.org/documents/p11_personal_history_form.doc)
- Signed financial proposal for the assignment outlining: all-inclusive fee (including professional fees and other professional expenses, such as insurance, taxes, etc.). Template for this is available at http://procurement-notices.undp.org/view_file.cfm?doc_id=29916).
- p = points for the financial proposal being evaluated;
- y = maximum number of points for the financial proposal;
- µ = price of the lowest priced proposal;
- z = price of the proposal being evaluated