International Consultant to Improve Securities Market Legislation & Instit.Envir

Job Posting Organization:
The job is posted by the United Nations Development Programme (UNDP), which is a global development network advocating for change and connecting countries to knowledge, experience, and resources to help people build a better life. Established in 1965, UNDP operates in approximately 170 countries and territories, working to eradicate poverty and reduce inequalities through sustainable development. The organization employs thousands of professionals worldwide, focusing on various areas including democratic governance, sustainable development, and resilience to crises.

Job Overview:
The position of International Consultant to Improve Securities Market Legislation & Institutional Environment is aimed at providing expert assistance to the Ministry of Finance and Economy of Turkmenistan. The consultant will be responsible for enhancing the legislative framework and institutional setup of the securities market in Turkmenistan. This role involves preparing a comprehensive draft Programme for the development of the securities market, which is crucial for fostering a robust financial environment conducive to investment and economic growth. The consultant is expected to leverage their expertise in securities legislation and institutional frameworks to propose actionable recommendations that align with international best practices. The assignment is set to take place from April 2025 to July 2025, during which the consultant will engage with various stakeholders to gather insights and ensure that the proposed changes are practical and implementable.

Duties and Responsibilities:
The consultant will undertake a variety of duties and responsibilities, including but not limited to: conducting a thorough analysis of the current securities market legislation and institutional environment in Turkmenistan; identifying gaps and areas for improvement; drafting a detailed report outlining the necessary legislative changes and institutional reforms; collaborating with the Ministry of Finance and Economy to develop a strategic plan for the implementation of the proposed changes; facilitating workshops and discussions with relevant stakeholders to gather feedback and build consensus around the proposed reforms; providing ongoing support and guidance throughout the implementation phase; and preparing final documentation and reports summarizing the outcomes of the consultancy.

Required Qualifications:
Candidates must possess a strong background in finance, law, or a related field, with specific expertise in securities market legislation and institutional frameworks. A proven track record of working with governmental or international organizations on similar projects is essential. The consultant should demonstrate excellent analytical and communication skills, with the ability to convey complex legal concepts in a clear and accessible manner. Familiarity with the financial landscape of Turkmenistan or similar emerging markets will be considered an asset. Additionally, the consultant should be adept at stakeholder engagement and possess strong negotiation skills.

Educational Background:
A minimum of a Master's degree in finance, law, economics, or a related discipline is required. Advanced qualifications such as a PhD or equivalent professional certifications in securities law or financial regulation will be highly regarded. Continuous professional development in relevant areas will also be beneficial.

Experience:
The ideal candidate should have at least 5-7 years of relevant professional experience in the field of securities market legislation and institutional development. Experience working with international organizations, particularly in the context of developing or transitioning economies, is highly desirable. The consultant should have a demonstrated ability to manage complex projects and deliver results within specified timelines.

Languages:
Fluency in English is mandatory, as all documentation and communication will be conducted in this language. Proficiency in Russian or Turkmen would be considered an advantage, as it may facilitate better engagement with local stakeholders and enhance the effectiveness of the consultancy.

Additional Notes:
This consultancy is structured as an individual contractor position, with a contract duration from April 2025 to July 202

• The role is expected to be full-time during the assignment period, and the consultant will be required to submit proposals directly through the UNDP supplier portal. Compensation details will be discussed during the negotiation phase, and the consultant may be required to travel within Turkmenistan as part of their duties.