Financial Policy Officer - Private Sector Funding and Partnership (P)

Introduction

Established in 1951, IOM is a Related Organization of the United Nations and the leading UN agency in the field of migration. Working closely with governmental, intergovernmental and non-governmental partners, IOM promotes humane and orderly migration for the benefit of all. It saves lives and protects people on the move, drives solutions to displacement, and facilitates pathways for regular migration, while providing services and advice to governments and migrants.

IOM is committed to fostering a respectful, inclusive and supportive workplace where all employees can thrive professionally and feel valued. By creating such an environment, IOM aims to better harness the full potential of migration and strengthen its support to people on the move.

Applications are welcome from first- and second-tier candidates, particularly qualified female candidates as well as applications from the non-represented member countries of IOM. For all IOM vacancies, applications from qualified and eligible first-tier candidates are considered before those of qualified and eligible second-tier candidates in the selection process.

For the purpose of this vacancy, the following are considered first-tier candidates:

• Internal candidates

Organizational Context and Scope

Under the overall supervision of the Chief, Financial Policy Unit and the direct supervision of the Financial Policy Specialist, and technical supervision of the Private Finance Officer (PSP) the Financial Policy Officer - Private Sector Funding and Partnership will focus on financial policy and structuring related to private sector engagements, providing dedicated support to the Private Sector Partnerships Division (PSP) and field offices in the development of tailored financial guidance, design of innovative funding approaches, and financial governance frameworks that facilitate partnerships, and fundraising initiatives, and scaledup collaboration with private sector actors.

• Provide technical support and guidance in the development, revision and implementation of financial policies, procedures and guidance related to private sector contributions and partnerships, ensuring alignment with IOM’s institutional objectives, regulatory framework and recognized best practices, while addressing operational challenges and promoting efficiency.
• Contribute to financial and risk impact assessments for the introduction of new business models and innovative financing approaches involving the private sector, including analysis of financial implications, support to the design or adaptation of financial structures, contribution to risk informed decision making, identification of financial risk mitigation measures, and definition of appropriate internal controls.
• Support negotiations on financial terms with private sector donors and partners by reviewing financial provisions, assessing compliance with IOM’s regulatory framework and financial implications, and providing advisory input on risk management, compliance and internal controls.
• Support the review and strengthening of private sector financial due diligence processes, including the revision of standard documentation and guidance, and follow up on the implementation of corrective actions, in coordination with PSP and other relevant institutional stakeholders.
• Provide transaction specific financial policy advisory support on innovative or first of type private sector arrangements, including the design of financial sustainability plan, identifcation of financial risks, and advice on structured financial solutions in line with IOM’s policies and internal control framework.
• Support clarification on the financial characterization and treatment of PSP-managed private sector engagements in relation to other modalities involving private sector counterparts, supporting consistency with existing institutional instructions and advising on any required policy financial design, clarification or adaptation.
• Prepare high level financial guidance and capacity building materials, including financial policy notes, guidance documents, information papers, presentations and training content, and support the delivery of trainings for IOM colleagues engaged with private sector donors and partners.
• Conduct research and comparative analysis on best practices across the UN system and comparable international organizations in relation to financial management of private sector contributions and partnership, and support the integration of relevant practices into IOM financial policies and guidance, as appropriate.
• Act as DFAM focal point for private sector financial policy matters, coordinating DFAM inputs to PSP requests and maintaining regular technical exchange with the Finance Officer (PSP) and other relevant stakeholders.
• Perform such other duties as may be assigned.

Education

• Master’s degree in Business Administration, Finance, Audit, Law , or a related field from an accredited academic institution with five years of relevant professional experience; or
• Bachelor’s degree in the above fields with seven years of relevant professional experience.
• Professional certification as Chartered Accountant (CA) or Certified Public Accountant (CPA), Certified Management Accountant (CMA), Certified Internal Auditor (CIA), Certified in Risk Management Assurance (CRMA) or enrolment in the Association of Chartered Certified Accountants (ACCA), or similar will be a distinct advantage.

Experience

• Experience in financial oversight and public administration is considered an advantage.
• Proven experience in financial management, internal control assessment, and compliance advisory roles;
• Demonstrated experience in researching, drafting policies and procedures and formulating related recommendations;
• Demonstrated experience in negotiations with donors and partners, especially from private sector; and,

Skills

• Demonstrated negotiation and communication skills, ability to present information in a comprehensive, clear and concise manner both in writing and verbally;
• Ability to conduct analyses, accompanied with ability to edit a range of different materials, including but not limited to financial policies, related instructions, guidelines and reports for different audiences; and,

Languages

IOM’s official languages are English, French, and Spanish. All staff members are required to be fluent in one of the three languages.

For this position, fluency in English is required (oral and written).

Working knowledge of French is an advantage.

Required Competencies

Notes

Appointment will be subject to all clearances, including medical and security as well as accreditation, any residency or visa requirements. Vacancies close at 23:59 local time Geneva, Switzerland on the respective closing date. No late applications will be accepted.

IOM has a zero-tolerance policy on conduct that is incompatible with the aims and objectives of the United Nations and IOM, including sexual exploitation and abuse, harassment, sexual harassment, abuse of authority and any forms of discrimination. IOM is committed to promote the protection and safeguarding of all children.

IOM conducts reference checks and background verification, including through system wide databases such as ClearCheck, to help ensure that candidates have no record of misconduct, including on sexual harassment, sexual exploitation and abuse, or fraud. Candidates are expected to uphold these standards and principles at all times.

IOM does not charge any fees at any stage of the recruitment process—whether for application, interview, processing, training, or otherwise—and does not request any information related to bank accounts.