The Republic of Indonesia
and the United States of America, acting through the Millennium Challenge
Corporation (MCC) entered into a Millennium Challenge Compact on November 19,
2011. The Millennium Challenge Account-Indonesia
(MCA-Indonesia) is a Trustee Institution established by the Government of
Indonesia to act as its designee in supervising and managing the implementation
of the five-year US$ 600 million MCC Compact Program in Indonesia. The
MCA-Indonesia has been fully operational since April 2013.
MCA-Indonesia is looking for a
qualified and dynamic Finance & Investment Manager.
The Manager will
assist the Associate Director for the establishment, implementation and
operation of the Green Prosperity (GP) Finance Facility.
Interested
and qualified candidates are invited to send a letter of interest
highlighting the suitability for and the potential contribution to the
position, a detailed CV and contact details for three referees to hrd@mca-indonesia.go.id ------
Detailed Duties and Responsibilities:
1.
Assist the Associate Director in the
preparation of terms of reference for the Finance Facility Manager(s) and
implementing entity agreement(s).
2.
Prepare, discuss, execute and monitor
contractual relationship with the GP Finance Facility Manager (FFM), and any
other partnering or contractual arrangements with banks or other financial
services providers that may be necessary to carry out the GP Facility
Activity.
3.
Develop and execute the operation manual
and monitors compliance of the finance facility toward manual and facilitating
approval from MCC and MCA-I management for amendments to those manuals as
appropriate.
4.
Assist the Associate Director in
developing and overseeing commercial facility for GP’s investments in renewable
energy, agriculture, forestry, fisheries, and natural resource management (NRM)
sector.
5.
Responsible for ensuring GP Finance
Facility is executed in consistency with relevant Indonesian laws and
regulations and Compact requirements.
6.
Works together with the Manager of Project Development and Oversight
(PDO) and PDO/PF team to establish and operationalize the Project
Preparation Facility (PPF) and coordinate relevant components of that facility,
particularly with respect to the potential pipeline of investment opportunities
being prepared for approval.
7.
Assist the Associate Director to report
and discuss potential investment and commercial scheme to Investment Committee.
8.
Works closely with the staff of PPF and
GPFF Manager to develop a sound portfolio investment strategy across the
renewable energy, sustainable agriculture and forestry and natural resource
management (NRM) sectors and closely monitors the preparation and execution.
9.
Coordinate with the PPF and GPFF Manager
to examine investment opportunities qualitatively (business strategy of project
sponsor and industry outlook) and quantitatively (projected financial
statements, investment scheme) and conducts independent research when
necessary.
10.
Reviews, and when appropriate advises on,
the type and scheme of financing (grant, loan, equity) and deal structures
arranged by GPFF Manager(s) to verify transactions adhere to GP requirements
and foster effective and sustainable GP investments, including appropriate debt
and equity ratios which reflect the benefits of taking risk in investing in a
particular project.
11.
Reviews, and when appropriate advises on,
the risk management policy, tools and practices put in place by the GPFF Manager(s)
to identify, evaluate, mitigate, and monitor the financial risk of GP
investments.
12.
Analyze financial risk activities across
GP investment portfolio, assiste the Associate Director to provide key inputs
to the Investment Committee, and advises on any potential financial risks to
the sustainability of GP investment portfolio.
13.
Reports progress and the work of the GP
Finance Facility to the Associate Director, drawing on PMC reporting tools and
resources as necessary.
14.
Works with the Environment and Social Performance Director to ensure that all
activities adhere to the principles articulated in the Environment and Social
Management System (ESMS) Framework and that GP-funded investments comply with
the detailed guidance provided in Tier 2 of the ESMS.
15.
Works with the Social and Gender Director to ensure that all activities are
undertaken in accordance with the Social and Gender Integration Plan and
promote the active participation of women and vulnerable groups.
16.
Works with the Chief Economist and Monitoring & Evaluation Director to ensure implementation of
the GP Finance Facility Activity supports the core economic and poverty
reduction objectives of the GP Project.
17.
Works with the Monitoring and Evaluation Director to help monitor and periodically
update the economic logic, key assumptions, and performance indicators
associated with the GP Finance Facility Activity.
18.
Performs other tasks as may be identified
by the Associate Director during the course of Compact Program.
Requirement:
Education, experience and technical competencies:
- Advanced degree in Finance, Business, Investment Management, Accounting, Economics, MBA or other related professional qualification
- Preferably holds level 1 (one) or higher CFA (Chartered Financial Analyst) charter degree
- Experience in investment banking, corporate banking, insurance, securities, or private equity fund, preferably from corporate finance or investment banking background
- Have experience analyzing, managing and/or overseeing investment portfolios and/or transactions, preferably in green growth sectors such as renewable energy, sustainable agriculture and forestry, and natural resource management.
- Demonstrated experience structuring and negotiating the financing of infrastructure investments using debt, equity and/or other financial instruments
- Ability to work effectively with senior level representatives in financial services industry, as well as other private sector, government, and civil society stakeholders
- Experience working with legal and financial authorities in developing and preparing lending agreements, legal documents and prospectuses
- Familiar with risk management techniques related to investment or financing of infrastructure projects, such as regulatory risk, management risk, demand risk, financial risk and returns, and other related investment risks.
- Excellent spoken and written English and Bahasa Indonesia.
Personal attributes and competencies:
- Excellent interpersonal and communication skills, and demonstratedability to effectively interact and collaborate with people/peers in multidisciplinary teams as well as work across departments, divisions and institutions.
- Excellent team building and facilitation skills.
- Demonstrated management experience and business acumen.
- Excellent management and supervisory skills with the ability to supervise small to medium size teams of staff and consultants.
- Good in personal organization, planning and priority setting. Demonstrated flexibility and capable of managing a variety of tasks with minimal supervision.
- Values the continuous improvement and learning, and committed to mentoring and coaching of staff.
