<8 U N C. . D . F TERMS OF REFERENCE POST TITLE: AGENCY/PROJECT NAME: Duty Station: Duration of Appointment: Expected Starting Date: The Fund for Inclusive Finance Assistant cum M&E (Lao National) UNCOF; Making Access to Finance More Inclusive for Poor People (MAFIPP) Vientiane, Lao POR 12 months with possible extension 15 August 2014 1) GENERAL BACKGROUND "Making Access to Finance More Inclusive for Poor People" (MAFIPP) is a four year UNCDF's initiative founded by DFAT and implemented by the Bank of the Lao POR (BOL). MAFIPP's objective is to increase access to financial services to low income households and micro-entrepreneurs on a sustainable basis. In this sector based programme, MAFIPP will playa role of market facilitator to advance financial inclusion in the Lao POR. Therefore, MAFIPP interventions are at micro, meso and macro levels. At macro level MAFIPP will undertake, for the first time in the Lao PDR, a comprehensive financial diagnostic survey to provide market information on the depth of financial inclusion in the Lao PDR, and it will make this information available to the market actors. In addition, MAFIPP will work on regulatory and policy issues. At meso level MAFIPP will build capacity of financial service support organizations so that they can provide continuing support to the retail sector. Finally, at retail level MAFIPP will provide technical assistance and financing support to a broad array of market players to strengthen institutional capacity and facilitate the development of the retail actors to advance financial inclusion. As a result of these efforts 140,000 low income people will be left with better financial products and services. Within this context, MAFIPP goals are to: increase numbers of people who have access to financial services in the Lao PDR with a focus on low income people, improve financial and operational performance of organizations serving low - income and poor people, diversify financial product offerings for low - income consumers, strengthen willingness and ability of commercial banks to understand and respond to the needs of low - income groups, improve technical capacity of financial service support organizations improve scope and accuracy of market information and build body of knowledge, and; build a body of local experts on micro finance and inclusive finance. These activities will be implemented through a special Fund for Inclusive Finance (FIF) modality of MAFIPP. MAFIPP, is a programme implemented through a National Implementation Modality (NIM) and complies with rules and regulations ofNIM. 2) OBJECTIVES OF THE ASSIGNMENT The FIF Assistant provides analytical and practical support to FIF activities of MAFIPP programme. The FIF Assistant will receive technical guidance from MAFIPP'S Technical Specialist. Slhe will collaborate with other MAFIPP staff on issues concerning MAFIPP. Summary of Key Functions: FIF support 1. Assists Technical Specialist and FIF manager in implementation of FIF activities; 2. Participates to the assessment of FIF applicants and to due diligence visits; 3. Monitors FIF partners' performance. MAFIPP Monitoring & Evaluation 4. Monitors MAFIPP performance across all indicators defined in the results framework. Liaises with the Laos-Australia Development Learning Facility (LADLF) M&E officer to comply with all reporting requirements pertaining to the Laos-Australia Rural Livelihoods Program (LARLP) to which MAFIPP contributes. 3) SCOPE OF WORK 1. Assists Technical Specialist in Implementation of FIF activities • Organizes workshops, meetings and visits as per FIF needs; Assures logistical support to FIF activities; • Participates to the assessment of EO I applications and verification of documents submitted ensuring compliance of all MAFIPPIFIF objectives as per FIF Operations Manual; • Assist applicants in drafting investment proposals; • Follows-up on the execution of (grant, loan) performance based agreements (PBAs) signed with partners; • Performs other complementary duties as required, including a variety of administrative tasks necessary to ensure the complete, timely and successful delivery of the FIF work plan. 2. Participates to the assessment of FIF applicants and to due diligence visits • Participates in assessment of business and strategic plans ofFIF partners; • Compiles relevant information of each applicant institutions and verifies documentation submitted; • Assists in assessment of financial and administrative capacity of applicants and training and provision of technical assistance; • Assists in canying out and/or overseeing due diligence assessments (loans, grants); • Prepares funding applications (loans, grants) in accordance with FIF guidelines. 4. Monitors FIF partners performance • Ensures compliance of partners with requirements determined in PBAs; • Monitors portfolio and financial performance of FIF partners; • Assists in the development of the monitoring framework for FIF, and alignment of the same with MAFIPP Monitoring Policy; • Reviews portfolio, narrative and financial reports ofFIF partners: sees to timely submission and conducts report and indicator audits (off- and on-site) to maintain quality control of internal and external reporting; • Maintains and feeds all required systems, tools, reports and indicators, required for efficient, effective monitoring of FIF partners; • Writes monitoring progress reports. 5. Monitors MAFIPP performance across all indicators defined in the results framework; Liaises with the LADLF M&E officer • Feeds the MAFIPP results framework with progresses on all indicators; • Synthetizes the progress of MAFIPP against annual targets; • Participates to the review of annual targets; • Liaises with the LADLF M&E officer to ensure that all reporting requirements from LADLF are met timely. 4) EXPECTED OUTPUT • Assessment reports and funding applications (Grant/Loan); • Active liaison with FIF partners; documentation of engagement and follow-up with FIF partners; • Translated FIF relevant documents; • Portfolio and financial performance reports of FIF partners; • Quarterly performance tables for FIF and MAFIPP with historical graphs of achievements vs. targets. Narrative of progresses and challenges for attaining results. • Monitoring progress reports (quarterly, annual reports) for FIF and MAFIPP; 5) PROVISION OF MONITORING AND PROGRESS CONTROLS • The FIF Analyst will report to the MAFIPP Project Manager and the International Technical Specialist (ITS) and work closely with the project team. • The performance to be evaluated by the Project Manager in coordination with the ITS. 6) DEGREE OF EXPERTISE AND QUALIFICATIONS • Bachelor's degree in Social Sciences, Economic Development, MBA, International Relations, Economics, Finance, Accounting or related fields with a preference for Master Degree and for Business Administration, Finance, Economics and Accounting; • At least 3 years of professional experience in progressively more responsible positions; • At least 1 year experience in the financial sector; understanding of financial inclusion trends/microfinance sector in the Laos PDR is an advantage; • Assessment of funding applications (loans, grants or other funding modalities) is a strong advantage; • Excellent financial analysis skills, ability to synthetize, present in an intelligible manner numerous data points and interpret trends; • Demonstrated ability to speak and write well in English and Laos; • High proficiency in all Microsoft Office Applications particularly Excel, and ability to use them independently without support. Reviewed by: Approved by: Mr. Vilaymit AKKHA VONG Deputy Director General, FISD Acting Project Manager MAFIPP Bank of. tue ~'10N PDR Date: l I JU 2014 Dr. Akhom PRASEUTH Director General, FISD National Project Director MAFIPP ~:~ ofl 1 ~ffl!2~4
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