Application Deadline : 21-Dec-21 (Midnight New York, USA)
Time left : 13d 14h 52m
Type of Contract : Individual Contract
Post Level : International Consultant
Languages Required :
English
Starting Date :
(date when the selected candidate is expected to start) 15-Jan-2022
Duration of Initial Contract : 15 January 2022–15 July 2022 (approximately 90 working days with a 5-day mission in Doha)
Expected Duration of Assignment : 90 working days
UNDP is committed to achieving workforce diversity in terms of gender, nationality and culture. Individuals from minority groups, indigenous groups and persons with disabilities are equally encouraged to apply. All applications will be treated with the strictest confidence.
UNDP does not tolerate sexual exploitation and abuse, any kind of harassment, including sexual harassment, and discrimination. All selected candidates will, therefore, undergo rigorous reference and background checks.
Background
BACKGROUND
Within the context of SDG Financing, UNDP has launched the Finance Sector Hub, which is a finance and innovation platform that draws on a critical mass of UNDP expertise, initiatives, and partnerships to support the mobilization and leveraging of resources for the Sustainable Development Goals (SDGs) and lead the implementation of the new UNDP private sector strategy. As part of UNDP’s Finance Sector Hub, development finance has a central role to play in delivering support to our member-countries, in leveraging new sources of capital, offsetting high debt burdens, and in innovating for long term solutions to challenges around climate change, disaster resilience, and fragile ecosystems.
The Istanbul International Center for Private Sector in Development (IICPSD) is the United Nations Development Programme (UNDP) global organization mandated to leverage the role of the private sector in development. The IICPSD was established in Istanbul, Turkey on the basis of the Partnership Framework Agreement signed between the Government of the Republic of Turkey and the United Nations Development Program in March 2011. The Center is one of the five global thematic centers of UNDP, advocating and facilitating the contribution of the private sector to human development and inclusive growth through the following thematic priority areas:
- Private sector engagement through South-South cooperation for the SDGs
- Role of the Private Sector in Skills Development
- Impact Investing
- Private Sector Resilience and Crisis Response.
Furthermore, the Center supports the UNDP’s Bureau for Policy and Programme Support (BPPS) by leading UNDP’s strategic offer to partner and work with the private sector.
Under its impact investment thematic area, IICPSD and the Islamic Development Bank (IsDB) established the Global Islamic Finance and Impact Investing Platform (GIFIIP) in 2016 to position Islamic finance and impact investing as leading enablers of SDG implementation around the world. Bringing together the private sector, governments and key stakeholders operating in the Islamic finance and impact investing markets, the platform aims to promote market-based solutions to sustainable development challenges. It focuses on enabling the private sector, using Islamic finance in tandem with impact investing to achieve SDGs on a global scale.
Duties and Responsibilities
SCOPE, RESPONSIBILITIES AND DESCRIPTION OF THE PROPOSED ANALYTICAL WORK
UNDP IICPSD is looking for an International Consultant to support the implementation of the activity plan of the GIFIIP. The International Consultant will report to UNDP IICPSD Deputy Director and the Islamic Finance Portfolio Project Manager based in Istanbul.
The expected outputs of the consultant include the following:
Provide necessary desk research to determine the countries to conduct the prefeasibility study on Green Sukuk, engage in discussions with UNDP Country offices, coordinate consultations and agreements and initiate the prefeasibility study.
Design the concept note for the knowledge product on Digital Solutions for Financial Inclusion through Islamic Finance and coordinate the research, review and recommendation of a digital solution prototype which can facilitate access to finance through Islamic financial products and services.
Replicate the Impact Investing and Islamic Finance Training Programme in OIC countries (minimum 2).
Provide continues support to GIFIIP communication plan and assistant.
Lead and coordinate the UNDP IICPSD side event at the 5th United Nations Conference on the LDCs (LDC 5) which will take place in Doha from 23 to 27 January 2022.
The International Consultant is expected to provide the following deliverables:
Deliverables
Due date
Lead and coordinate the UNDP IICPSD side event at the 5th United Nations Conference on the LDCs (LDC5).
27 January 2022
Submission of the potential country list to provide Consultancy Services under GIFIIP’s Green Sukuk Initiative: Engage in discussions with country offices
15 March 2022
Delivery of the Green Sukuk Prefeasibility Study Country#1:
Coordinate the necessary desk research, consultations, agreements and interviews for the prefeasibility study
30 June 2022
Submission of a preliminary report detailing the findings of the Green Sukuk Prefeasibility Study Country #2
15 July 2022
Replication of the Impact Investing and Islamic Finance Training Programme:
Implementation and delivery are expected for Country #1.
15 May 2022
Determination of the Country #2 for the Impact Investing and Islamic finance training programme and setting up the implementation plan.
15 July 2022
Support to GIFIIP communication plan and assistant.
15 July 2022
Competencies
REQUIREMENTS FOR EXPERIENCE AND QUALIFICATIONS
I. Academic Qualifications:
Master’s degree in Islamic Finance, Finance, Business Administration, International Development, International Relations or any other relevant field is required.
A post graduate degree in the field of Islamic Finance, Finance, Economics, Business Management and International Relations is an asset.
II. Experience:
Minimum four (4) years (with Masters’ degree) of extensive working experience in Islamic Finance, project/program coordination, analysis is required; additional years of experience is an asset;
Proven experience and knowledge in the design and development of educatory and thought leadership content for Islamic Finance, preferably with a perspective on sustainable development or social finance is a requirement;
Proven experience in creating opportunities to reinforce and build the Islamic finance ecosystem globally; especially in relation to advancing sustainable finance is a requirement;
Experience in organization of events, conferences etc. is an asset;
Experience of working with international organizations and managing multi-stakeholder partnership projects is an asset.
III. Competencies:
Fluency in written and spoken English is required.
Required Skills and Experience
DOCUMENTS TO BE INCLUDED WHEN SUBMITTING THE PROPOSALS
Interested individual consultants must submit the following documents/information to demonstrate their qualifications:
Letter of Confirmation of Interest and Availability using the template provided by UNDP;
CV including at least 3 references (or contact information of at least 3 people who could provide a reference upon request);
Financial Proposal as per template attached to the Letter of Confirmation of Interest and Availability template;
Copy/-ies of University Diploma/s;
Copies of documents proving language knowledge for English (if not a native speaker);
Statement of Good Health using the template provided by UNDP and indicating medical insurance policy number and insurance provider (a copy of insurance policy is to be attached) shall be submitted prior to contract signing.
Incomplete applications will not be considered. Please make sure you have provided all requested materials.
FINANCIAL PROPOSAL
Lump sum of the contract is all-inclusive and takes into account various expenses incurred by the consultant/contractor during the contract period (e.g. fee, health insurance, vaccination, office costs and any other relevant expenses related to the performance of services). All envisaged travel costs must be included in the financial proposal.
Payment will be made according to the below payment schedule upon submission and acceptance of the contract deliverables by the UNDP IICPSD Deputy Director and Islamic Finance Portfolio Project Manager.
Description of Deliverables
Due Date
Payment (% of the total contract amount)
Upon satisfactory submission and acceptance of Deliverables A-B;
15 February 2021
Upon satisfactory submission and acceptance of Deliverables E;
15 May 2021
Upon satisfactory submission and acceptance of Deliverables C-D-F-G.
15 July 2021
Travel
The consultant will undertake one 5-day mission to Doha. All travel expenses related to this mission must be included into the consultant’s contract lump sum amount.
EVALUATION
Individual consultants will be evaluated based on cumulative analysis.
When using this weighted scoring method, the award of the contract should be made to the individual consultant whose offer received the highest score out of a pre-determined set of weighted technical and financial criteria:
Total score = Technical Score + Financial Score
Example
- Technical Criteria weight; [70%], maximum 700 points
- Financial Criteria weight; [30%], maximum 300 points
All the offers of individual consultants who scored 490 (70% from 700) and more points during the desk review/interview are acceptable for the financial evaluation.
The lowest technically qualified proposal receives 300 points and all the other technically qualified proposals receive points in inverse proportion according to the formula:
P=Y*(L/Z), where
P=points for the financial proposal being evaluated;
Y=maximum number of points for the financial proposal;
L= price of the lowest price proposal;
Z=price of the proposal being evaluated.
Criteria
Weight
Max. Points – 1000
Technical
Academic qualifications:
13%
130
Master’s degree in Islamic Finance, Finance, Business Administration, International Development, International Relations or any other relevant field
10%
100
A post graduate degree in the field of Islamic Finance, Finance, Economics, Business Management and International Relations is an asset
3%
30
Professional experience:
51%
510
Minimum 4 years (with Masters’ degree) of extensive working experience in Islamic Finance, project/program coordination, analysis confirmed by CV
17%
170
More than 4 years of extensive working experience in Islamic Finance, project/program coordination, analysis – 10 points for each additional year but not more than 30 points
3%
30
Proven experience and knowledge in the design and development of educatory and thought leadership content for Islamic Finance, preferably with a perspective on sustainable development or social finance confirmed by CV
8%
80
Proven experience and knowledge in the design and development of educatory and thought leadership content for Islamic Finance with a perspective on sustainable development or social finance is an asset
3%
30
Proven experience in creating opportunities to reinforce and build the Islamic finance ecosystem globally in relation to advancing sustainable finance confirmed by CV
9%
90
Experience in organization of events, conferences etc. is an asset
5%
50
Experience of working with international organizations and managing multi-stakeholder partnership projects is an asset
6%
60
Competencies
6%
60
Fluency in written and spoken English is required (language courses, university diploma mentioning English studies, training abroad etc.)
6%
60
Financial
30%
300
Unit price as per Financial Proposal
300
Annexes:
Annex I – Letter to UNDP Confirming Interest and Availability including Finance Proposal
Annex II – Individual Consultant Contract Form
Annex III –Individual Consultant General Terms and Conditions
Annex IV – Statement of Good Health
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