Consultancy ? Senior Investment Specialist

Job Description

Consultancy ? Senior Investment SpecialistLocation :Erbil, IRAQApplication Deadline :19-Jun-22(Midnight New York, USA)Time left :13d 11h 46mType of Contract :Individual ContractPost Level :International ConsultantLanguages Required :EnglishStarting Date :(date when the selected candidate is expected to start)10-Jul-2022Duration of Initial Contract :100 working days over 7 Months DurationExpected Duration of Assignment :100 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.**FUNDING FACILITY FOR ECONOMIC REFORM ? KRG (FFER-KRG)Funding Facility for Economic Reform (FFER) is a programme of support financed by the USAID and implemented by the UNDP to support the Government of the Kurdistan Region of Iraq in carrying out their economic reform agenda.ASSIGNMENT CONTEXTInvestment in the Kurdistan Region of Iraq (KRI) is governed by the Investment Law of 2006 and various other government policies and regulations. Under the investment law, the Kurdistan Regional Government Board of Investment (KRG BOI) was established as a ministerial-level government entity with the responsibility for implementing the Investment Law and developing investment strategies, plans, and policies. BOI is also responsible for setting up an investment friendly climate to attract investments and promote economic development in the region. This aspect of BOI?s work entails promoting, facilitating, and regulating investment, and channelling investment into priority sectors to enhance local production and generate job opportunities for the KRI citizens. The KRG Economic Reform Roadmap 2016 recognizes the importance of domestic and foreign direct investment (FDI) in contributing to growth and employment, and has identified several investment-related priorities, including development of a regional investment policy, establishment of a one-stop investment registration center, and the promotion of investment in the industry, agriculture and tourism sectors. Acting on the recommendations proposed KRG Economic Reform Roadmap 2016, BOI, supported by the UNDP Funding Facility for Economic Reform ? KRG (FFER-KRG), has conducted a thorough analysis on existing legislation, regulation, policies, strategies, institution structure, incentive schemes and promotional techniques to identify current barriers to investment and determine needed reforms. As a result, BOI has developed an Investment Reform Map, which recommends needed reforms to promote investment in KRI, sets up reform priorities, and creates a reform action plan. To implement the Investment Reform Map, BOI has set up an International Investment team, responsible for setting investment strategies and conduct studies. The Vision of the team is as follows: - Development of an economically sound methodology for the strategic 5-years plan for how the FDI unit can most effectively meet its objectives for its strategic sectors.- Conducting market segmentation.- Conducting research and compiling information required for investors inquiries.- Identify opportunities for investment and presenting them.- Reaching to targeted international investors.- Promoting investment environment in Kurdistan.- Connecting domestic and foreign investors.- Advocating for policy reforms. It is under this background that BOI is recruiting a senior investment Specialist to provide technical assistance to the International Investment team on investment strategy and policy. The Specialist will be embedded in BOI office and work with a dedicated team of five junior economists with prior investment experience and is expected to lead an effective capacity building to the team for sustainable project management.Competencies Required:* Ability to lead strategic planning, results-based management and reporting;* High analytical skills oriented towards problem-solve;* Leadership and self-management;* Focus on results and respond positively to feedback;* Consistently approach work with energy and a positive attitude;* Demonstrate openness for approaches to manage complexity;* Team spirit and excellent interpersonal skills;* Demonstrates integrity by modelling the UNs values and ethical standards;* Promotes the vision, mission, and strategic goals of UNDP and the UN; and* Displays cultural, gender, religion, race, nationality and age sensitivity and adaptability;Languages Required:* Fluent in English written and oral and Knowledge of Arabic/Kurdish is a distinct asset.QUALIFICATIONS AND REQUIREMENTSThe Specialist will require the following qualifications, experience, competencies and language skills. Only applicants who meet these criteria will be short-listed and will be contacted.A. Education and Professional Qualifications Required:* An advanced degree (Phd or equivalent) in Economic, Finance, public administration or related field.B. Experience Required:* At least 10 years of relevant working experience in investment Promotion planning and implementation.* Expertise in conducting situation analyses and needs assessments related to investment promotion in developing countries.* Experience in the design and preparation of Investment promotion materials. * Experience in provision of capacity building to investment management institutions.Shortlisted candidates (ONLY) will be requested to submit a Financial Proposal.The consultant shall then submit a price proposal when requested by UNDP, in accordance with the below:-Daily Fee? The contract will be payable based on lumpsum ? deliverables. The lumpsum proposed by the applicant shall consist of a breakdown demonstrating his/her daily fee, which should be inclusive of his professional fee, local communication cost and insurance (inclusive of medical health insurance and evacuation).-Travel? The Consultant shall include Economy Airfare costs per trip for Home-Erbil-Home (estimated 4 trips) in the Financial Proposal.-DSA/Living Allowance? The Consultant shall quote separately for Living allowance/DSA not to exceed applicable UNDP rate for stay in Erbil as per actual number of nights spent in Erbil or other locations.-Travel & Visa? The contractor shall propose an estimated lump-sum for home-Erbil-home travel (economy most direct route) and Kurdistan visa expenses.-The total professional feeshall be converted into a lump-sum contract and payments under the contract shall be made on submission and acceptance of deliverables under the contract in accordance with the schedule of payment linked with deliverables and at the end of assignment. UNDP reserves the right to withhold all or a portion of payment if performance is unsatisfactory, if work/outputs is incomplete, not delivered or for failure to meet deadlines.Evaluation Method and CriteriaIndividual consultants will be evaluated based on the following methodology:1. Cumulative analysisThe award of the contract shall be made to the individual consultant whose offer has been evaluated and determined as:a) responsive/compliant/acceptable, andb) Having received the highest score out of a pre-determined set of weighted technical and financial criteria specific to the solicitation.* Technical Criteria: weight 70%* Financial Criteria weight 30%Only candidates obtaining a minimum of 49 points (70% of the total technical points) would be considered for the Financial Evaluation*Technical Crite

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