Job Description

"This vacancy is open to All Applicants"

Job Identification (Reference Number): VN-US10-2026-080
Position Title: Finance Consultant
Duty Station City: Washington D.C. 
Duty Station Country: United States of America 
Grade & Salary: UG (USD 22,000-26,000)
Contract Type: Consultancy
Vacancy Type: Call for Application 
Initial duration: 3-5 months 

Established in 1951, IOM is a Related Organization of the United Nations and the leading UN agency in the field of migration. Working closely with governmental, intergovernmental and non-governmental partners, IOM promotes humane and orderly migration for the benefit of all. It saves lives and protects people on the move, drives solutions to displacement, and facilitates pathways for regular migration, while providing services and advice to governments and migrants. 

IOM is committed to fostering a respectful, inclusive and supportive workplace where all employees can thrive professionally and feel valued. By creating such an environment, IOM aims to better harness the full potential of migration and strengthen its support to people on the move.

IOM invites candidates from diverse backgrounds to apply and provides reasonable accommodation throughout the recruitment process when required. Learn more about IOM’s workplace culture at IOM workplace culture | International Organization for Migration.
 

Project Context and Scope

The International Organization for Migration (IOM) is implementing the Diaspora Guarantee Facility (DGF) for Safe Shelters, an innovative financing mechanism that leverages diaspora contributions as a guarantee to enable Microfinance Institutions (MFIs) to provide affordable loans for resilient housing and shelter improvements in disaster-prone communities.

The model was piloted in the Philippines through the Resilient Shelter Loan initiative, which demonstrated the viability of using diaspora-backed guarantees to reduce lending risk, improve access to finance for underserved households, and support the construction and retrofitting of safer, climate-resilient shelters. The pilot engaged microfinance institutions, diaspora organizations, local governments, and technical partners in a collaborative ecosystem supporting disaster preparedness and housing resilience.  

As IOM seeks to scale and replicate the model in new contexts, including potential expansion to additional countries, a comprehensive feasibility study is required to assess the model's financial sustainability, operational requirements, governance structure, legal and regulatory considerations, market demand, and scalability.

Responsibilities

• Loan performance and repayment rates
• Default risk management practices
• Utilization of guarantee funds
• Cost-effectiveness
• Impact on housing resilience and financial inclusion
• Governance 
• Fundraising strategies
• Blended finance mechanisms
• Scaling strategies
• Assess strengths, weaknesses, opportunities, and limitations of the current model.
   

• Assess demand for resilient shelter financing among vulnerable and disaster-affected populations.
• Preform stakeholder mapping 
• Identify barriers faced by households in accessing shelter finance.
• Assess interest among diaspora communities for participation in innovative financing mechanisms.
• Identify opportunities for expanding diaspora engagement and fundraising approaches.
• Analyze the role and willingness of MFIs, banks, and other financial institutions to participate in the model.
   
  C. Financial Feasibility Assessment
   
• Review the current guarantee structure to assess financial sustainability at scale.
• Assess financial models and scenarios assessing: 
• Different guarantee-to-loan ratios
• Default-rate assumptions
• Fund capitalization requirements
• Associated fundraising and guarantee maintenance fees 
• Fund growth strategies
• Cost-benefit analyses
• Operational cost structures
• Long-term sustainability pathways
• Assess opportunities for blended finance, impact investing, CSR contributions, philanthropic capital, and development finance partnerships.
   

• Review legal and regulatory requirements affecting: 
• Management of guarantee funds
• Cross-border fundraising from diaspora communities
• Financial sector compliance
• Consumer protection and lending regulations
• Oversight and fiduciary responsibilities
• Identify risks and recommend governance and compliance arrangements.
   

• Assess institutional arrangements required for scaling the model.
• Evaluate roles and responsibilities of key stakeholders, including: 
• IOM
• Diaspora organizations
• MFIs and financial institutions (including MDBs, commercial banks, and national banks)
• Government agencies
• Technical partners
• Private sector actors
• Donors
• Review and recommend governance structures for management and oversight of the DGF.
• Identify operational requirements, staffing needs, monitoring systems, and risk management mechanisms.
   

• Assess the suitability of the model for replication in new country contexts and sectors including:
• Review criteria for country selection and readiness assessment.
• Identify key success factors and risks for expansion.
• Recommend pathways for scaling both geographically and programmatically.
   

• Develop a practical roadmap for the next 3-5 years.
• Present and finalize a Feasibility Study with recommended considerations for: 
• Governance structure
• Financial architecture
• Fund management model
• Business model
• Resource mobilization strategy
• Risk mitigation measures
• Partnership strategy
• Scale-up scenarios
   

• Desk review of project documents and relevant literature
• Key informant interviews
• Focus group discussions
• Consultations with key stakeholders and partners
• Financial and market analysis
• Legal and regulatory review
   

Qualifications

Required Qualifications and Experience

Education

• Advanced degree in finance, economics, development studies, public policy, housing finance, humanitarian action, or a related field
• Experience working with IOM is strongly preferred 
• University degree in the above fields with 7 years of relevant professional experience 
   

Experience

• Demonstrated expertise in blended finance, guarantee funds and risk-sharing mechanisms, microfinance and financial inclusion, development finance, humanitarian or resilience financing, and feasibility studies and business case development
• Knowledge of diaspora engagement and remittance ecosystems is highly desirable
   

Skills

• Excellent writing and communication skills with the ability to prepare clear and concise documents and presentations
• Strong facilitation abilities 
• Excellent interpersonal skills 
• Ability to meet deadlines and manage multiple, complex tasks simultaneously 
• Previous work experience with migration and development issues would be an advantage 
   

Languages

For this consultancy, English is Required.

Proficiency of language(s) required will be specifically evaluated during the selection process, which may include written and/or oral assessments.

Required Competencies

IOM’s competency framework can be found at this link. Competencies will be assessed during the selection process.

Values - all IOM staff members must abide by and demonstrate these five values:

• Inclusion and respect for diversity: Respects and promotes individual and cultural differences. Encourages diversity and inclusion.
• Integrity and transparency: Maintains high ethical standards and acts in a manner consistent with organizational principles/rules and standards of conduct.
• Professionalism: Demonstrates ability to work in a composed, competent and committed manner and exercises careful judgment in meeting day-to-day challenges.
• Courage: Demonstrates willingness to take a stand on issues of importance.
• Empathy: Shows compassion for others, makes people feel safe, respected and fairly treated.

Core Competencies – behavioural indicators

• Teamwork: Develops and promotes effective collaboration within and across units to achieve shared goals and optimize results.
• Delivering results: Produces and delivers quality results in a service-oriented and timely manner. Is action oriented and committed to achieving agreed outcomes.
• Managing and sharing knowledge: Continuously seeks to learn, share knowledge and innovate.
• Accountability: Takes ownership for achieving the Organization’s priorities and assumes responsibility for own actions and delegated work.
• Communication: Encourages and contributes to clear and open communication. Explains complex matters in an informative, inspiring and motivational way.

Notes

IOM covers Consultants against occupational accidents and illnesses under the Compensation Plan (CP), free of charge, for the duration of the consultancy. IOM does not provide evacuation or medical insurance for reasons related to non-occupational accidents and illnesses. Consultants are responsible for their own medical insurance for non-occupational accident or illness and will be required to provide written proof of such coverage before commencing work. 

Any offer made to the candidate in relation to this vacancy notice is subject to funding confirmation.

Appointment will be subject to certification that the candidate is medically fit for appointment, accreditation, any residency or visa requirements, security clearances.

IOM has a zero-tolerance policy on conduct that is incompatible with the aims and objectives of the United Nations and IOM, including sexual exploitation and abuse, sexual harassment, abuse of authority and discrimination based on gender, nationality, age, race, sexual orientation, religious or ethnic background or disabilities.

IOM does not charge a fee at any stage of its recruitment process (application, interview, processing, training or other fee). IOM does not request any information related to bank accounts.

IOM only accepts duly completed applications submitted through the IOM e-Recruitment system (for internal candidates link here). The online tool also allows candidates to track the status of their application.

No late applications will be accepted. Only shortlisted candidates will be contacted.

For further information and other job postings, you are welcome to visit our website: IOM Careers and Job Vacancies

Required Skills

Job info

Contract Type: Consultancy (Up to 11 months)
Initial Contract Duration: 3-5 Months
Org Type: Country Office
Vacancy Type: Consultancy
Recruiting Type: Consultant
Grade: UG
Is this S/VN based in an L3 office or in support to an L3 emergency response?: No