Operational Due Diligence Associate- [Open to Tier 1 & 2 applicants]

Tiered Approach

In line with the commitment to safeguard capacity and support personnel already in the Organization, a majority of UNDP UNCDF/UNV vacancies are advertised using a tiered application process whereby:

Please make note of the Tier(s) indicated in the vacancy title, if any, and ensure that you satisfy the eligibility to apply.

Background

The Bureau for Management Services’ Office of Financial Resources Management (BMS/OFRM) supports the United Nations Development Programme (UNDP) in the implementation of the 2030 agenda and UNDP’s Strategic Plan. It achieves this by developing and making fully operational a dynamic and harmonized integrated resource management framework based on comprehensive analysis that enhances UNDP’s financial and administrative performance, as well as facilitating UN reform and coherence.

The primary role of BMS/ OFRM is to maintain the financial integrity of UNDP through providing functional leadership, supporting the efficient and effective management of its financial resources, promoting financial sustainability and responsible resource allocation. This is accomplished by the development and implementation of sound financial policies and practices, oversight of corporate financial management performance, and flexible scalable support to resource allocation. BMS/OFRM serves as a business partner to Bureaux and Country Offices, providing sound financial management, advisory and analytical services, with a view to continuously improve the financial management performance of business units and support Bureaux in the exercising of their oversight functions.

Within OFRM, the Treasury Division oversees cash, currency and banking risks globally, managing the organization’s liquidity with centralized investment of excess cash balances to meet its liabilities.

The Operational Due Diligence Team contributes to risk management and operational effectiveness across UNDP by providing enhanced vetting recommendations, conducting ongoing corporate monitoring and reporting, providing advisory services to country offices/units/bureaus, maintaining and refining corporate policy, guidance, tools and procedures as required, and supporting senior management with the implementation of policies, specifically the Anti-Money Laundering and Countering the Financing of Terrorism (“AML/CFT”) Policy and the Vendor Sanctions Policy across UNDP. The Chief of the BMS/Treasury/Operational Due Diligence Division also acts as the Chair of the UNDP Vendor Review Committee (VRC) and oversees the VRC function.

Job Purpose

Under the direct supervision of the Chief of the BMS/Treasury/Operational Due Diligence Team and day-to-day guidance of  the AML/CFT Specialist, the Operational Due Diligence Associate will be responsible for providing administrative, coordination and analytical support to the Division as it works closely with other Treasury Teams (in particular the Treasury Operations team), various units within BMS (e.g., the Office of Legal Services (BMS/OLS), the Office of Procurement (BMS/OP), the Office of Information Technology Management (BMS/ITM), etc.), functional owners in central bureaus (e.g., the Bureau for Policy and Programme Support (BPPS), the Bureau for External Relations and Advocacy (BERA), etc.), the Office of Audit and Investigation (OAI) and AML/CFT focal points in country offices, regional and central bureaus. The Operational Due Diligence Associate will provide support to the Division’s staff, while helping maintain highly confidential records and databases.

UNDP adopts a portfolio approach to accommodate changing business needs and leverage linkages across interventions to achieve its strategic goals. This is a recognition of interconnected nature of development risks & crises that the world is facing and that call for assembling of multidisciplinary teams for an integrated & systemic response. 

Therefore, UNDP personnel are expected to work across issues, units, functions, teams and projects in multidisciplinary teams in order to enhance and enable horizontal collaboration.

Duties and Responsibilities

1) Ensure administrative support for the AML/CFT Policy implementation focusing on achievement of the following results:

2) Conduct research and provide corporate reporting and analytics

3) Provide support for the overall administration and office management of BMS/Treasury/Operational Due Diligence Division

4) Work jointly with the Treasury Operations Teams on AML/CFT related queries from UNDP banks

5) Ensure knowledge sharing and facilitates knowledge building focusing on the following results:

Competencies

Cross-Functional & Technical competencies:

Business Management  Communication    

Business Development  Knowledge Generation    

Business Management  Risk Management     

Finance  Budget Management    

Partnership Management  Relationship Management    

Data  Data Analysis     

Administration & Operations  Documents and records management    

Required Skills and Experience

Education:

Experience:

Languages:

Equal opportunity

As an equal opportunity employer, UNDP values diversity as an expression of the multiplicity of nations and cultures where we operate and, as such, we encourage qualified applicants from all backgrounds to apply for roles in the organization. Our employment decisions are based on merit and suitability for the role, without discrimination. 

UNDP is also committed to creating an inclusive workplace where all personnel are empowered to contribute to our mission, are valued, can thrive, and benefit from career opportunities that are open to all.

Sexual harassment, exploitation, and abuse of authority

UNDP does not tolerate harassment, sexual harassment, exploitation, discrimination and abuse of authority. All selected candidates, therefore, undergo relevant checks and are expected to adhere to the respective standards and principles. 

Probation

For all new UNDP fixed term appointments (FTA), including for staff members being transferred or seconded to UNDP under the Inter-Organization Agreement concerning Transfer, Secondment or Loan of Staff, on an appointment of more than one year, continuation of the appointment beyond the initial 12 months is contingent upon the successful completion of a probationary period.

Right to select multiple candidates

UNDP reserves the right to select one or more candidates from this vacancy announcement.  We may also retain applications and consider candidates applying to this post for other similar positions with UNDP at the same grade level and with similar job description, experience and educational requirements.

Use of AI by candidates

Applicants are invited toread UNDP’s guidance for candidates on using AI responsibly in UNDP recruitment and selection [link removed]

Scam alert

UNDP does not charge a fee at any stage of its recruitment process. For further information, please see www.undp.org/scam-alert.