Work Location

ECA, Addis Ababa

Expected duration

6 months

Duties and Responsibilities

Private Sector Development and Finance Division The Private Sector Development and Finance Division (PSDFD) is responsible for supporting member States in their endeavour to achieve sustained economic growth and transformation through leveraging the role and resources of the private sector with an emphasis, improving the business environment, increasing private sector investment in agriculture, infrastructure, energy and services (technology), and promoting innovative financing models. Innovative Finance and Capital Markets Section (IFCMS) of PSDFD works to enhance the capacity of member States to design and implement policies and strategies that promote innovative financing for developing capital markets to support private sector development and attract investment. Therefore the Section through the Division wishes to engage two Interns in the work programme of Innovative and Capital Markets Section so that they would be involved in research works and gain practical experience in an international setting and learn from the Section’s work. This internship is located in the Innovative Finance and Capital Markets Section (IFCMS) of the Private Sector Development and Finance Division at the Economic Commission for Africa in Addis Ababa, Ethiopia. The Interns report to the Chief of IFCMS. DUTIES AND RESPONSIBILITIES Under the general guidance of the Chief of the ” Innovative Finance and Capital Markets Section” and/or and the direct supervision of a relevant responsible officer, the interns will make an important contribution to the work of the Section. Activities change according to the needs of the section, but typical tasks include the following: – Research: Assist officers of the Section to conduct analytical research on various issues related to the development and deepening of capital markets across the region, particularly for bond markets at the sovereign and corporate levels as well as the use of innovative finance technologies to accelerate financial inclusion. – Information and data: Compile, process and analyse information and data on capital markets, domestic private investment and innovative financing structures in Africa, which may require econometric skills and economic modelling approaches. – Programme and project: Support officers of the Section to conduct programme and projects related to bond markets, economic development and innovative finance. – Other task: Carry out other tasks as required by the Section and the Division.

Qualifications/special skills

To qualify for an internship with the United Nations Internship Programme, applicants must, at the time of application, meet one of the following rtwo equirements: (a) Be enrolled in, or have completed, a graduate school programme (second university degree or equivalent, or higher); or, (b) Be enrolled in, or have completed, the final academic year of a first university degree programme (minimum bachelor’s level or equivalent). Have a demonstrated ability to successfully interact with individuals of different cultural backgrounds and beliefs, which include willingness to try and understand and be tolerant of differing opinions and views is an advantage Be computer literate in standard software applications is also an advantage

Languages

English and French are the working languages of the United Nations Secretariat. For the Internship Programme, fluency in English or French is required. Working knowledge of the other is desirable. Knowledge of another United Nations language is an advantage.

Additional Information

Competencies required: Professionalism Communication teamwork Creativity

Intern Specific text

Interns are not financially remunerated by the United Nations. Costs and arrangements for travel, visas, accommodation and living expenses are the responsibility of interns or their sponsoring institutions. Interns who are not citizens or permanent residents of the country where the internship is undertaken, may be required to obtain the appropriate visa and work/employment authorization. Successful candidates should discuss their specific visa requirements before accepting the internship offer.

No Fee

THE UNITED NATIONS DOES NOT CHARGE A FEE AT ANY STAGE OF THE RECRUITMENT PROCESS (APPLICATION, INTERVIEW MEETING, PROCESSING, OR TRAINING). THE UNITED NATIONS DOES NOT CONCERN ITSELF WITH INFORMATION ON APPLICANTS’ BANK ACCOUNTS.