Job - Financial Incentive Task Leader – De-Risking and Scaling up Investment in Energy Efficient Building Retrofits in Armenia Project, UNDP, Armenia

United Nations Development Programme (UNDP)


December 20, 2018

Opportunity Cover Image - Job - Financial Incentive Task Leader – De-Risking and Scaling up Investment in Energy Efficient Building Retrofits in Armenia Project, UNDP, Armenia

Job ID - 19885

Practice Area - Job Family


Duty Station - Yerevan, Armenia

Education & Work Experience

I-Master's Level Degree - 10 year(s) experience

Languages - Armenian E, English

Grade - SB4

Vacancy Type - Service Contract (SC)

Contract Duration - 1 year with potential extension

Only nationals of the Republic of Armenia are eligible to apply


Objective of the UNDP-GCF project “De‐Risking and Scaling‐up Investment in Energy Efficient Building Retrofits in Armenia” (Project) is to support the creation of a favorable market environment and a scalable business model for investment in EE buildings retrofits, leading to sizeable energy savings and accompanying GHG emission reductions. The project has four components indicated below:

  • Component 1: Establishment of Building Sector MRV: Provision of technical assistance to estab-lish and implement energy measurement, reporting and verification (MRV) systems for the building sector for various categories of buildings.
  • Component 2: Policy de-risking: Provision of technical assistance to (i) national, sub-national and local authorities to adopt and implement an enabling policy framework for EE retrofits using UNDP’s framework to support policy-makers in selecting public instruments to promote renew-able energy investment; (ii) support on-going legislative reform; and (iii) building owners, asso-ciations and energy service companies on legal matters related to energy efficiency. 
  • Component 3: Financial de-risking: Provision of technical assistance to banks, financial institu-tions and local banks in developing and implementing financial instruments to finance EE retro-fits in private and public owned buildings.
  • Component 4: Financial Incentives: Project will design and implement the Financial Incentive (FI) Program for Multi-Apartment Buildings (MABs) and for the Public Buildings (PBs) to stimu-late investment in EE building retrofit.

Duties and Responsibilities

Under the overall supervision of the UNDP Climate Change Programme Coordinator and direct supervision of the UNDP-GCF Project Manager, the Financial Incentive Task Leader will be responsible for co-ordination and execution of the Component 4 of the Project.  

As regards public building, the Financial Incentive Program has been designed and the Task Leader will have to operationalize its implementation. As far as financial incentive program for MABs are concerned, its design has been initiated and the Task Leader will have to oversee the process from the initial stage. Four independent consultants/sub-contractors will be engaged by UNDP to support the design and implementation of the Program under the Project’s Component 4. Task Leader will provide technical guidance, supervise and ensure the overall quality of the work of Consultants will liaise and collaborate with sub-contractors.

Task Leader will also have to liaise closely with various UNDP-GCF project partners, including national and international financial institutions (EIB), municipalities, governmental agencies and other stakeholders.  


  • Supervise and coordinate (with other Project’s components) implementation of the Compo-nent 4 of the project, i.e. the design and implementation of the Financial Incentive Program for Public and Residential Buildings, to ensure its results are in accordance with the Project Docu-ment,  and the rules and procedures established in the UNDP Programming Manual, as well as specifically in the Operational Manual of the Financial Incentive Program;
  • Supervise and coordinate the work of subcontracted individuals and legal entities, as illustrated in the Figure 1 above, specifically Consultants 1 and 2;
  • Identify appropriate implementation structure and partners (IPs) for Financial Incentive Pro-gram, facilitate preparation and signature of partnership agreement with (IPs) and oversee their work, delivery of outputs and regular financial and technical reporting; 
  • Assume primary responsibility for the daily management   both organizational and substantive matters, budgeting, planning and general monitoring of the Component 4 of the Project;
  • Prepare and regularly update/revise detailed annual work plan for Component 4;
  • Prepare terms of reference for national consultants and subcontractors in line with relevant na-tional and UNDP procedures;
  • Provide substantive contribution to the preparation of the annual project report (APR), Project implementation report (PIR) as well as any other reports requested by the GCF or UNDP as far as they relate to project results and activities under Component 4;
  • Monitor the expenditures, commitments and balance of funds under the project budget lines under Component 4;
  • Assume overall responsibility for meeting financial delivery targets set out in the agreed annual work plans, reporting on project funds and related record keeping under Component 4 of the project
  • Guide and coordinate the work of national and international consultants and subcontractors and oversee its compliance with the agreed work plan;
  • Organize and supervise workshops and trainings needed for successful delivery of the Compo-nent 4 outputs;
  • Liaise with relevant ministries, national institutes, financial organizations and other relevant in-stitutions in order to involve their staff in activities as necessary and gather and disseminate in-formation relevant to the Project;
  • Ensure close coordination of Component 4 activities with those under other Project compo-nents, as well as coordinate project activities with other relevant technical and financial assis-tance projects\programs in Armenia;
  • Undertake any other actions as requested by the Project Manager, UNDP or the National Pro-ject Coordinator.


Corporate Competencies:

  • Demonstrates commitment to UN and UNDP’s mission, vision and values.
  • Displays cultural, gender, religion, race, nationality and age sensitivity and adaptability.

Functional Competencies:

Knowledge Management and Learning

  • Shares knowledge and experience
  • Actively works towards continuing personal learning, acts on learning plan and applies newly acquired skills. 

Development and Operational Effectiveness

  • Ability to perform a variety of specialized tasks related to Results Management, including support to design, planning and implementation of programme, managing data, reporting.
  • Ability to provide input to business processes re-engineering, implementation of new system, including new IT based systems.
  • Proficiency in professional writing and reporting;

Leadership and Self-Management

  • Focuses on result for the client and responds positively to feedback
  • Consistently approaches work with energy and a positive, constructive attitude
  • Remains positive and composed even under pressure
  • Demonstrates openness to change and ability to manage complexities.

Required Skills and Experience


  • Strong interpersonal, communication and analytical skills;
  • Ability to take decisions, establish and maintain effective work relationships with people of different social and cultural backgrounds;
  • Proven ability to work under time pressure and handle multiple activities and tasks concurrently;
  • Proven knowledge of communication tools, excellent writing skills, track record with producing high quality research/analytical reports and papers.
  • Ability to work independently and to participate effectively in a team based information sharing.

Education: PhD or Master’s Degree in finance, economics, management or related fields.

Experience: At least 10 years of experience in financial sector and/or international financial assistance sector in Armenia. At least 3 years of experience or experience with min 3 projects providing financing for energy/energy efficiency/housing sector.

Proven experience in managing similarly complex and large operations (e.g. min 10 mln USD).  

Languages: Excellent knowledge of Armenian and English. Ability to review, prepare and present technical reports and make oral presentations, both in Armenian and English.

Computer Skills: Good knowledge of computer software (MS Office, and task relevant specific software).


Important applicant information

All posts in the SC categories are subject to local recruitment.

Applicant information about UNDP rosters

Note: 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.

Workforce diversity

UNDP is committed to achieving diversity within its workforce, and encourages all qualified applicants, irrespective of gender, nationality, disabilities, sexual orientation, culture, religious and ethnic backgrounds to apply. All applications will be treated in the strictest confidence.

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APPLICATION PROCEDURES: Interested candidates can apply for the position here.

This opportunity has expired. It was originally published here:

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Publish Date
December 13, 2018