A, Objectives/Purpose of Assignment
The International Finance Corporation, a member of the World Bank Group, promotes sustainable private sector investment in developing countries as a way to reduce poverty and improve people’s lives. In addition to its investment work, IFC in Europe through the Advisory Services (AS) executes a major donor-funded program of private sector technical assistance in Central Eastern Europe, the Caucasus, the Western Balkans, and other countries. For more information, visit www.ifc.org
The IFC Digital Financial Services (DFS) Europe advisory project aims to facilitate uptake in digital financial services and increase access to venture capital / private equity financing to create private investment opportunities in CEE and Caucasus. Specific objective is to support key reforms, including open banking, digital onboarding and instant payments. The project is set to launch during Q1 2024 and will be implemented for a period of up to 4 years.
The objective of this consultancy is to provide country-specific support to implement an advisory project focused on digital financial services, embedded finance development as well as building better access to private capital for FinTech’s in Kosovo. The consultant will work closely with the project team to ensure the successful implementation of the project and achieve the desired outcomes.
B. Scope of Work under this TOR
C. Deliverables/ Specific Outputs Expected from Consultant
D. Duration and Locations
The consultancy will be for a period of 100 days, starting from February 2024 until July 2024, with a possibility
of extension. The consultant will be based in Kosovo and will be required to travel within the country or region as necessary.
E. Special Terms &Conditions / Specific Criteria
The Consultant will be selected on a competitive process through a series of interviews with IFC staff. Qualified candidates will be rated according to their qualifications and interview results. By consensus the finalist will be selected and offered a position.
The Consultant shall have, at a minimum, the following qualifications:
F. Reporting
The consultant will report to the Project Manager and will work closely with the project team and relevant stakeholders.
G. Budget
The budget for this consultancy will be determined based on the qualifications and experience of the selected consultant through IFC internal salary scales.
H. Application Process
The deadline for submitting a proposal is the close of business on January 28, 2024. All interested candidates
with relevant experience should submit their CV and Cover Letter, at the address: ebelskaya@ifc.org
Documents should be submitted as one searchable PDF file, with the email subject line and PDF file indicating your last name and application number.
Confidentiality Statement:
All data and information received from IFC for the purpose of this assignment are to be treated confidentially and are only to be used in connection with the execution of these Terms of Reference. All intellectual property rights arising from the execution of these Terms of Reference are assigned to IFC. The contents of written materials obtained and used in this assignment may not be disclosed to any third parties without the expressed advance written authorization of the IFC.
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