Loan Management Specialist – Head of Loan Management Unit (LMU)

BACKGROUND

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Since the Government of Japan’s (GoJ) announcement of USD 5 billion help package deal to help Iraq’s reconstruction at Madrid Conference in October 2003, which initially consisted of USD 3.5 billion Official Development Assistance (ODA) mortgage and USD 1.5 billion ODA grant, Japan International Cooperation Agency (JICA) concluded 33 ODA mortgage agreements with the Government of Iraq (GoI), comprising 31 challenge loans and a couple of budgetary help loans amounting to roughly USD 11 billion over the interval January 2008 – December 2023. 

The GoI is the proprietor and executing company of the Japanese ODA mortgage-financed tasks. Key challenge implementation actions, reminiscent of procurement, contract administration and monetary administration, are undertaken by the implementing ministries and businesses of the GoI. As a standing mandate, JICA promotes environment friendly use of the loans and wishes to make sure that the challenge implementation is undertaken in an accountable, clear, and environment friendly method in step with JICA tips and procedures and that the loans are correctly used for the aim of attaining every challenge’s aims expeditiously.

As one sufficient and sound monitoring mechanism to make sure accountability, transparency and effectivity in challenge implementation and utilization of the mortgage, GoI, GoJ and JICA agreed to ascertain a joint Monitoring Committee (M/C) to satisfy on a quarterly foundation. The M/C, experiences to the Prime Minister’s Office, is chaired by the Chairperson of the Prime Minister’s Advisory Commission (PMAC) with membership of senior officers from the Ministry of Planning (MoP) and the Ministry of Finance (MoF), the Embassy of Japan (EoJ) and JICA consists of excessive-degree officers from the road ministries.

The Loan Management Unit (LMU) has been established inside UNDP Iraq Country Office (CO) in 2009 to facilitate and speed up implementation of the Japanese ODA mortgage-financed tasks in Iraq by offering fiduciary monitoring on behalf of the GoI and JICA, implementation monitoring and analysis and capability improvement help to the M/C specifically and the GoI usually. The help targets procurement, contract administration and monetary administration for the ODA Loan challenge implementation, in addition to growing the capacities of oversight and implementing ministries.

DUTIES & RESPONSIBILITIES

The Loan Management Specialist  – Head of Loan Management Unit shall direct, supervise and administer the LMU actions, symbolize the LMU as a element of the Development Finance Unit (DFU) inside the CO, the Monitoring Committee (M/C) and GoI counterparts in addition to JICA, ensures that the LMU adequately delivers the duties, tasks and duties units within the Project Agreement between JICA and UNDP for Partnership Services for Support Unit to the M/C on the Japanese ODA Loan Projects and assures the standard, reliability and timeliness of the deliverables and providers supplied. S/he’s additionally accountable for the efficiency improvement of LMU’s employees and for growing and implementing the LMU’s annual work plan and finances. S/he shall report back to the Head of the Strategic Advisor-Head of Development Finance Unit.

UNDP adopts a portfolio method to accommodate altering enterprise wants and leverage linkages throughout interventions to attain its strategic objectives. Therefore, UNDP personnel are anticipated to work throughout items, features, groups, and tasks in multidisciplinary groups to be able to improve and allow horizontal collaboration.

Key duties and accountabilities embody: 

Ensure GoI – GoJ inter- and intra-governmental coordination and processes to facilitate Japanese Official Development Assistance (ODA) plans and memoranda / authorized agreements inside GoI system in accordance with Iraq’s authorized and regulatory framework and inside processes / practices, Japanese public administration and IFI operations coverage, and lead the coordination inside triangular coordination framework amongst GoI-GoJ/JICA-UNDP: 

• Review and analyse GoI’s improvement insurance policies, methods, plans, wants and challenges and GoJ’s Country Development Cooperation Policy for Iraq, then present recommendation and suggestions to the GoI and GoJ on prospects improvement cooperation interventions and help.
• Facilitate communication and coordination amongst related GoI and GoJ events for brand new ODA Loan tasks formulation, endorsement and dedication.
• Facilitate the authorized and regulatory processes inside the GoI, notably Ministry of Planning (MoP) and Ministry of Finance (MoF) and making certain Council of Ministers (CoM) approval of new ODA Loan challenge proposals, memoranda, authorized notes and agreements.
• Advance deliberations, communication and authorized steps inside the GoI to expedite itemizing of new ODA Loan tasks on the Annual Investment Programme and the Investment Budget element of Federal Budget Law and the pursuant effectuation of authorized paperwork. 
• Pursue with GoJ, notably JICA, the inner processes and authorized steps for brand new ODA Loan tasks.
• Lead the coordination with the M/C and JICA for the preparation of the quarterly M/C conferences, the preparation of aggregated progress report and presentation on procurement. Contract administration (together with procurement and technical / engineering theme), disbursement and overarching points and oversee the preparation of the minutes of assembly.
• Promote the ODA Loan monitoring set – up and mechanism, notably the ODA Loan M/C, as mannequin for GoI – and different IFI – funded improvement tasks in Iraq.
• Attempt to copy Iraq’s expertise with GoI-GoJ/JICA-UNDP monitoring set – up and mechanism as mannequin case for triangular cooperation amongst growing nations. 
• Provide recommendation and consultations to the GoI and GoJ / JICA and promote the tradition of triangular cooperation inside the UN System and IFIs.

Direct, supervise and enhance the fiduciary and web site monitoring actions of the LMU:

• Direct and supervise fiduciary monitoring actions of the LMU to make sure compliance with JICA tips and internationally accepted procurement, contract administration and monetary administration tips, procedures and practices.
• Direct and supervise the positioning inspection and verification actions of the ODA Loan tasks to make sure adequacy, high quality and timeliness of reporting to the M/C and JICA.
•  Identify, study and analyse challenge – particular, e.g., procurement, contractual and engineering points, and overarching points and challenges, notably these associated to enforcement of GoI legal guidelines, laws, directions and interministerial coordination and supply recommendation, suggestions and options to the implementing Project Management Teams (PMTs), the M/C and JICA to deal with them.
• Promote consciousness of the M/C, oversight ministries and implementing ministries with the mandate, duties, tasks and duties of the LMU and guarantee these events’ collaboration and coordination with the LMU.
• Enhance the capability of the LMU employees in fiduciary and web site monitoring, communication and reporting.

Design and implement efficient third-social gathering challenge monitoring mechanism for giant-scale Japanese ODA Loan tasks in Iraq in compliance with worldwide procurement tips, particularly on Design-Build (D/B) and Engineering-Procurement-Construction (EPC) contracts and engineering / authorized advisory on technical challenges in massive-scale infrastructure tasks:

• Review and consider the existent construction, features and mode of operation of the M/C because the oversight and monitoring platform for the ODA Loan tasks and supply recommendation and suggestions to boost the mandates and position of M/C.
• Review, analyze and consider the fiduciary and web site monitoring features and actions of the LMU to enhance and increase these perform and actions.
• Communicate and focus on the ODA Loan monitoring set – up, mechanism, mode of operation of the LMU and improve GoI’s competent events’, notably MoP entrusted with improvement tasks planning / monitoring and analysis, for involvement within the ODA Loan general monitoring actions.

Managing and administering the LMU and lead the LMU’s capability improvement actions with oversight and implementing entities, particularly PMTs, in procurement, contract administration, monetary administration and monitoring and analysis:

• Maintain shut communication with UNDP CO Senior Management and JICA to boost UNDP – JICA partnership, added worth and strategic intervention in sustainable improvement context. 
• Develop the LMU’s annual work plan and finances for the implementation of the UNDP – JICA Partnership Agreement and submit it for overview and approval by the Head of DFU and UNDP’s Senior Management previous to submission to JICA.
• Ensure the alignment of the work plan with UNDP Country Programme Document and Sustainable Development Goals. 
• Determine the human and monetary assets required for the LMU to perform the duties and ship the outcomes set in UNDP – JICA Partnership Agreement.
• Assign roles and tasks and oversee compliance of LMU employees with these roles and tasks.
• Oversee and information LMU employees actions, guarantee pre-planning and logistics of particular person actions, notably web site inspection and verification missions and comply with-up on mission and occasion reporting.
• Discuss and approve LMU employees particular person efficiency aims and studying and capability improvement plans and supply general course, make clear efficiency expectations and desired outcomes, monitor and oversee progress, and make needed selections or actions to make sure supply and achievement of the set efficiency aims.
• Lead within the identification of capability weaknesses and capability improvement wants of ODA Loan oversight and implementing entities, notably by way of the LMU’s fiduciary and implementation monitoring actions.
• Plan capability improvement interventions by way of conventional classroom trainings and on/off-the-job technical help in session with the M/C and JICA.
• Ensure technical help to PMTs in monetary administration and worldwide banking practices, together with opening and amending L/Cs and processing of Statements of Payment. 
• Assess the influence of the LMU’s capability improvement interventions and re – design and re – align the capability improvement plan in step with the outcomes of the influence evaluation and rising wants and challenges, in session with the M/C and JICA.

Facilitate information sharing, dissemination and making certain consciousness and visibility of the LMU’s roles, actions and achievements:

• Attempt to speed up and facilitate planning, formulation and implementation of GoI improvement tasks by way of selling and sharing related LMU’s information and expertise with GoI events, notably MoP. 
• Develop information merchandise on the ODA Loan Programme design, administration, monitoring and share these inside UNDP, GoI and different stakeholders, notably IFIs, in step with UNDP inside information administration framework and in accordance with UNDP’s high quality requirements.
• Lead the information – sharing and studying actions among the many ODA Loan related events inside the GoI, notably Al Basra PMT Coordination Group and MoP’s Follow – Up Team on Grant and Loan Funded Projects.
• Promote and disseminate consciousness of the ODA Loan and the LMU’s intervention inside the GoI, notably senior choice – makers.
• Promote public consciousness and visibility of the ODA Loan Programme and UNDP’s intervention by way of social media and conventional media of communication. 

Other Duties:

• The incumbent performs different duties inside their useful profile as deemed needed for the environment friendly functioning of the Office and the Organization.

Supervisory/Managerial Responsibilities: 

• The incumbent may have general accountability of managing the LMU workforce, Provide strategic focus, Engage with inside/exterior companions and stakeholders, lead, growing, and empower individuals, create a tradition of efficiency and make selections and train judgment.

QUALIFICATIONS

Education:

• Advanced University Degree (grasp’s diploma or equal) in Engineering, International Development Studies, Public Administration, Economics, Finance, or different associated areas is required.
• OR
• A primary-degree college diploma (bachelor’s diploma) within the above-talked about fields together with an extra two years of qualifying expertise will likely be given due consideration in lieu of the superior college diploma.

Experience, Knowledge, and Skills:

• Minimum of 7-years (with a grasp’s diploma) or 9 years (with bachelor’s diploma) of related expertise on the nationwide or worldwide degree in ODA mortgage (bilateral or multilateral) administration and advisory position for social and financial infrastructure tasks is required
• Working expertise with Japan International Cooperation Agency (JICA) or Japan Bank for International Cooperation (JBIC) or bilateral / multilateral monetary establishments (IFIs) on financing improvement tasks is fascinating. 
• Experience in oversight, monitoring & analysis of massive-scale infrastructure improvement challenge funded by IFIs, reminiscent of JICA, JBIC, World Bank, Asian Development Bank and have carried out tasks with JICA procurement Guidelines, FIDIC purple/ yellow/ silver e book, or every other worldwide procurement tips, is very fascinating.
• Working Experience within the Region / Middle East, particularly with Government of Iraq is very fascinating.
• Knowledge and understanding of Japanese public administration, JICA & IFIs’ methods, approaches, guidelines & laws, processes and system is very fascinating.

Language Requirements:

• Fluency in oral and written English is required.
• Working information of Arabic language could be an asset.

COMPETENCIES

Core Competencies:

• Achieve Results:  LEVEL 3: Set and align difficult, achievable aims for a number of tasks, have lasting influence 
• Think Innovatively:  LEVEL 3: Proactively mitigate potential dangers, develop new concepts to resolve complicated issues 
• Learn Continuously:  LEVEL 3: Create and act on alternatives to broaden horizons, diversify experiences
• Adapt with Agility:  LEVEL 3: Proactively provoke and champion change, handle a number of competing calls for 
• Act with Determination:  LEVEL 3: Think past speedy process/boundaries and take motion to attain larger outcomes
• Engage and Partner:  LEVEL 4: Construct strategic multi-accomplice alliances in excessive stake conditions, foster co-creation 
• Enable Diversity and Inclusion:  LEVEL 4: Create moral tradition,  establish/tackle boundaries to inclusion 

People Management Competencies: 

• UNDP People Management Competencies may be discovered within the devoted site. 

Cross-Functional & Technical Competencies:

Business Direction & Strategy: System Thinking

• Ability to make use of goal downside evaluation and judgement to know how interrelated components coexist inside an general course of or system, and to contemplate how altering one component can influence on different elements of the system.

Business Management: Portfolio Management

• Ability to pick out, prioritise and management the group’s programmes and tasks in step with its strategic aims and capability Ability to steadiness the implementation of change initiatives with common actions for optimum return on funding. Knowledge and understanding of key ideas of challenge, programme, and portfolio administration.

Business Direction & Strategy: Strategic Thinking

• Develop efficient methods and prioritised plans in step with UNDP’s mission and aims, primarily based on the systemic evaluation of challenges, alternatives and potential dangers; hyperlink the overall imaginative and prescient to actuality on the bottom to create tangible focused options; study from a spread of sources to anticipate and successfully reply to each present and future tendencies; display foresight.

Business Direction & Strategy: Effective Decision Making

• Take selections in a well timed and environment friendly method in step with one’s authority, space of experience and assets and think about potential wider implications. 

Business Development: Knowledge Generation

• Ability to analysis data and to show it into helpful information, related for context, or attentive to a acknowledged want. Ability to apply current ideas to new conditions, and to develop new ideas to generate workable options and new approaches. Knowledge of related ideas, conceptual fashions, and theories that may be helpful in addressing new conditions. 

Partnership Management: IFI Partnerships

• Knowledge and understanding of IFIs (methods, approaches, processes and techniques).

Partnership Management: OECD/DAC Partnerships

• Knowledge and understanding of OECD DAC Members coverage, technique, techniques and choice-making processes associated to ODA.

Please observe that continuance of appointment past the preliminary 12 months is contingent upon the profitable completion of a probationary interval.

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