Role Description
The Change Management and Business Innovation Unit (BIU) was established in 2015 to manage change and to promote innovation as part of WFP’s Innovation division:
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BIU acts as the “advisory arm” of WFP
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BIU is composed of staff with top-tier management consulting backgrounds as well as UN experience
We execute projects on behalf of Executive Directors, Assistant Secretary Generals, and Directors across the UN system, and have become a trusted advisor to WFP and other entities (e.g. UN Women, UNFPA, Business Innovation Group). Our focus is on end-to-end solutions, including:
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Problem assessment
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Data analysis
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Operational model design
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Change plan and implementation monitoring
This consultancy will focus on designing and implementing cutting-edge financing instruments that can unlock new funding flows, alternative to traditional Official Development Assistance (ODA), for our partners.
Accountabilities/Responsibilities
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Execution of Business Innovation projects in Innovative Finance
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Additional activities and needs
Depending on the time of joining, the candidate’s specific experience and current corporate priorities, the candidate will be responsible for the full delivery of a project work stream. Specifically, such workstream could be part of initiatives aimed at the definition of innovative financing strategies, the design and launch of innovative financing instruments such as:
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Blended finance instruments
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Impact investment funds
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Fundraising platforms
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Results-based financing
Examples of specific deliverables include:
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Support the design and structuring of innovative financing mechanisms aligned with our partners’ strategic priorities
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Support the development of innovative financing strategies
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Conduct landscape reviews of existing and emerging financing models across the UN system and development finance ecosystem
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Develop investment theses, business cases, and financial models for new instruments
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Engage with donors, investors, and implementing partners to co-develop and validate financing structures
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Support the operationalization of selected mechanisms, including legal, governance, and risk frameworks
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Provide strategic advisory support to senior leadership on financing innovation
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Prepare high-quality reports, presentations, and briefing materials for internal and external stakeholders
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Contribute to internal capacity-building efforts on innovative finance
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Support knowledge management reviews and best practices sharing
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Guide and supervise more junior staff, acting as a point of referral and supporting them with more complex analysis and queries
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Additional project support based on pipeline and new projects contracted during time of contract, as required
Qualifications
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Preference for a degree in finance, economics, business administration, public policy, or related field
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At least 7 years of relevant work experience in innovative finance, impact investing, development finance, investment banking, or related fields
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Experience in a top tier management consulting firm or investment bank
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Experience working with multilateral organizations, development banks, or philanthropic investors is highly desirable
Requirements
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Demonstrated expertise in designing and implementing innovative financing instruments such as blended finance mechanisms, results-based financing, social impact bonds, impact investment funds, digital fundraising platforms in the development or humanitarian context
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Strong financial modeling and structuring capabilities
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Deep understanding of resource mobilization tools and strategies
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Ability and experience leading and overseeing the work of a team of more junior resources
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Good analytical abilities, both quantitative and qualitative
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Good stakeholder engagement and communication skills
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Collaborative spirit to engage effectively with internal teams and external partners
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Time management skills with an ability to plan ahead, anticipate requirements, problems and obstacles
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Self-motivated and able to work with a certain degree of autonomy and/or in a team
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Fully committed and motivated to achieve the aims of the UN World Food Programme
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In addition to a high proficiency in written and spoken English, knowledge of a second UN language is a plus
Benefits
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WFP is a 2020 Nobel Peace Prize Laureate
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WFP offers a highly inclusive, diverse, and multicultural working environment
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WFP invests in the personal & professional development of its employees through a range of training, accreditation, coaching, mentorship, and other programs
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A career path in WFP provides an exciting opportunity to work across various country, regional and global offices around the world
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We offer an attractive compensation package