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Results Measurement Specialist (Financial Markets & Access to Finance)- Jakarta, Indonesia


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Results Measurement Specialist (Financial Markets & Access to Finance)- Jakarta, Indonesia- 121717
Job #:121717
Title:Results Measurement Specialist (Financial Markets & Access to Finance)
Job Stream:Technical Assistance & Advisory Services
Location:Jakarta, Indonesia
Closing Date:11/23/2012
Background / General description:
*NOTE: This position could be based in Jakarta or Hanoi.

The International Finance Corporation is the largest global development institution that is focused exclusively on the private sector. Part of the World Bank Group, IFC’s vision is that people should have the opportunity to escape poverty and improve their lives. IFC finances private sector investments, mobilizes capital in international financial markets, facilitates trade, helps clients improve social and environmental sustainability, and provides technical assistance and advisory services to businesses and governments. IFC has significantly strengthened its focus on measuring development results over recent years, driving our strategy, operations and staff incentives. A results-focused culture expands the value we bring to our clients and beneficiaries, helps foster best practice among development finance institutions, and demonstrates IFC’s development impact to all stakeholders. 

The Results Measurement Network plays a critical role in the success of IFC’s mission. Staff in the Network, located across the institution, measures, monitors, and evaluates operations and their results; develops methodologies to support these functions; and sets global standards for measurements. In addition, the Network staff ensures that results, lessons and evidence continuously inform strategy, operations and incentives across the organization, supporting the alignment of IFC’s intended and actual impact and the achievement of IFC’s mission. The regional Results Measurement function partners with the operations teams to design projects and to track, monitor and report on their results.

The Results Measurement (RM) Team in East Asia Pacific (EAP) is organized by Industry and Business Line. The Results Measurement Specialist (Financial Markets and Access to Finance – A2F/FM) will support Industry Services Financial Markets projects and Advisory Services Access to Finance projects. The RM Specialist (A2F/FM) will collaborate closely with the other RM Specialist (A2F/FM) in the region and with the Investment Officers who acts as FM DOTS champions to provide technical support through expert advice. In addition, the RM Specialist (A2F/FM) will serve as a point-person for any required analysis and aggregation of development targets and results data at the country level for both Investment and Advisory Services in Indonesia or the Mekong sub-region depending on final location. The RM Specialist (A2F/FM) will be supervised by the Regional Head of M&E and co-supervised by the FM Portfolio Manager. S/he will also closely liaise with the Results teams of the Access to Finance Business Line and the Financial Markets Global Industry Department.
Duties and Accountabilities:
The Department is looking for a Results Measurement Specialist (Financial Markets and Access to Finance – A2F/FM) with a minimum of 5 years experience with private sector operations, results measurement and/or project management, including significant experience in the financial sector.

The candidate is expected to have an advanced degree in economics, finance, international development or business administration, and have understanding and consideration of results measurement across the region and specific regional clients. This is a strategic support and implementation role focused on monitoring the quality of project-specific results measurement work and advising operations staff on best practices.

In this role, the incumbent, supporting the development and implementation of operations and strategies in Financial Markets and Access to Finance, will:

Development, oversight and coordination of Results Measurement Frameworks: 

• Work with Advisory and Investment Services project teams in Financial Markets and Access to Finance throughout the project lifecycle to ensure consistent understanding and application of global results measurement standard frameworks and methodologies.

• Make changes as needed to incorporate best use of results measurement frameworks into project design and develop project-specific performance monitoring plans for Advisory Services projects. 

• Perform/provide technical oversight to on-site program audits and surveys, to assess project implementation and results.

• Shape continuous improvement of results measurement work by providing feedback and best practices to the Development Impact Department and the Global Financial Markets and Access to Finance Departments on RM frameworks, methodologies and tools.

• Develop results measurement frameworks for the IFC Country Strategy across Investment and Advisory Services and for Advisory Services donor proposals in Access to Finance. 

Data quality assurance:

• Monitor data quality and strengthen and improve quality where necessary.

• Collate and verify IDG 3 (access to finance) and support the implementation of IDG 3 target setting at project level and for the region.

• Ensure standards for quality of project documents, accurate reporting and evidential support for results reported, working with project teams to resolve potential problems.

Evaluation:

• Design, commission, oversee and conduct evaluations implemented within the region in the area of Financial Markets.

• Disseminate regional evaluation findings within the RM Network and to regional operations colleagues. 

Results training and capacity development

• Train regional management and staff on results measurement related to Access to Finance and Financial Markets.

• Develop client capacity for results measurement 

Communication of development results:

• Communicate regional results and findings in Access to Finance and Financial Markets internally and externally to share findings and best practices, and to create value for clients.

• Work closely with other RM colleagues in the region to provide aggregation of results data across all sectors and business lines for Investment and Advisory services as required by the Country Manager for strategy meetings and other purposes.
Selection Criteria:
• Advanced degree in economics, finance, international development or business administration.

• At least 5 years of relevant experience with private sector operations, results measurement and/or project management, particularly in the banking and financial sector.

• Fluency in Chinese a distinct advantage.

• Experience with the private sector in emerging markets and/or international financial institutions an advantage.

• Knowledge of IFC investments or investments of other international financial institutions a strong plus.

• Additional specialty requirements: 

- Training in financial economics

- Knowledge of financial performance metrics 

• Solid understanding and ability to apply:

- Knowledge of results measurements methods

- Knowledge of the logical framework approach

- Application and development of policies and procedures

- Problem solving by examination from multiple angles, taking stakeholders perspectives into account, considering various solutions and making informed, credible and actionable decisions

- Produce and interpret strategic information

- Oral and written communications

- Knowledge of specialized or organizational-specific technologies, software, databases and systems, especially as they relate to Management Information Systems in the banking and financial sector

- Corporate contributions, such as those related to strategy documents, and donor reporting

• Advanced understanding and ability to apply project management skills in complex situations to manage projects within the results measurement functions in the region and to ensure completion of projects.

• Demonstrated ability: 

- To persuade and influence others across organizational boundaries by seeking to understand stakeholder concerns and formulating an approach that specifically addresses them;

- To think broadly about results measurement and its value to IFC and clients, incorporating input from other areas (e.g., functions, geographies, etc.) to create common goals and objectives;

- To build partnerships for success, through understanding stakeholder needs and aligning results measurement advice to those needs, and by negotiating win/win solutions with stakeholders.