Sr. Manager, Innovative Finance

5 days ago

Bogor, West Java, Indonesia Rare Full time

POSITION OVERVIEW

Rare is a fast-growing international conservation organization whose mission is to inspire change, so people and nature thrive. Rare advances this mission through innovative behavior change strategies that boost the adoption of proven environmental solutions. Rare's culture is results-oriented and entrepreneurial. We are working toward ambitious goals in creating measurable social and environmental impacts.

Reporting to the Director for Innovative Finance, Asia-Pacific, the Senior Manager will contribute to the overall objectives of Rare's Innovative Finance (IF) Program. Through IF, Rare aims to unlock capital to foster sustainable economies, implement climate-based and nature-based solutions, and de-risk investments to support local and underserved communities and ecosystems. The program focuses on:

  • Promoting economic growth and sustainability by enhancing the financial resilience of local community households and Micro, Small, and Medium Enterprises (MSMEs) within domestic value chains.
  • Adoption of nature-based and behavior-driven finance strategies to aid in climate change mitigation, adaptation, and resilience, reinforcing the management of community-based resources and ecosystems.
  • Overcoming institutional and market barriers that currently impede the flow of capital into sustainable economies and climate-based and nature-based initiatives, ensuring these efforts are in line with global sustainability and development objectives.

This is a full-time position with an initial contract of 1 year with possible extension. This position is based in Indonesia and will require domestic travel.

ESSENTIAL FUNCTIONS

Program Management

Manage a portfolio of projects under Rare's Innovative Finance Program that are implemented in Indonesia, which include:

  1. Supporting the IF Director for Asia Pacific to ensure all projects are delivered on time, within scope and within budget.
  2. Regularly updating Indonesia team on Innovative Finance activities and ensuring alignment with the broader organizational strategy.
  3. Preparing and managing workplans, contracts, and sub-agreements.
  4. Collaborating with the Rare Indonesia team, external consultants, and partners to implement project initiatives, including feasibility studies, landscape analyses, sector formalization, and enhancing access to social protection for local communities.
  5. Ensuring compliance with donor reporting requirements and timelines, including the preparation of progress and financial reports, and monitoring project risk to adapt plans as necessary
  6. Traveling to local communities to build and maintain relationships with local governments, MSME owners, and coastal community members, fostering strong partnerships that support the implementation of the program's goals.
  7. Facilitating capacity-building efforts within local communities to enhance resilience and ensure long-term sustainability of the financial initiatives.

Stakeholder Engagement

  1. In collaboration with the Rare Indonesia Policy and Government Team, work closely with relevant local and national government agencies and support the convening of high-level working group meetings between relevant government agencies and Rare.
  2. Explore and support collaborative opportunities with relevant partners, like development finance institutions, multilateral banks, and international organizations.
  3. Analyze legal and policy frameworks to identify opportunities for innovative finance, and strategically tap into existing pools of capital, such as undeployed funds from Indonesia's debt-to-nature swap earmarked for OECMs, as well as other emerging financial mechanisms.

Fundraising Support

  1. Support the identification of fundraising opportunities for innovative finance solutions.
  2. Assist in the process of preparation and design of project concepts and full-fledged proposals.

Communications

  1. Promote internal and external communications with relevant audiences, establishing thought leadership in appropriate venues.
  2. Represent IF in speaking engagements or related workshops/events to promote IF projects.

Travel

Support both domestic and international travel:

  1. Domestic travel is required, comprising up to 15% of the employee's time, to engage with local communities, partners, and stakeholders.
  2. International travel is expected at least once a year to participate in global program initiatives, conferences, or training sessions.

REQUIRED EXPERIENCE

  • Bachelor's degree in a relevant field required such as economics, finance, or banking. Master's degree preferred.
  • Experience in corporate social responsibility, development finance, international or government relations, and engagements with bilateral, multilaterals, and international organizations, with a strong background in finance or economics.
  • Exceptional written, oral, interpersonal, and presentation skills and the ability to effectively communicate across all levels within a culturally diverse organization.
  • Understanding of Indonesia legal systems, policies, and regulations relevant to investment and finance.
  • Excellent organizational capacity in managing tasks, people and government relationships.
  • Excellent ability to work as part of a multi-disciplinary team with proven success in being able to thrive in a fast paced, high expectation, project environment.
  • Working knowledge on marine, fishery, and agricultural issues and work with relevant government agencies.
  • Experience in solving problems and ability to apply conflict resolution and negotiation techniques to achieve results.
  • Ability to self-manage, adjust to competing priorities, and allocate time as necessary to get the job done.
  • Fluent in Bahasa and professionally fluent in English – both written and oral.

Rare is an equal-opportunity employer that is committed to diversity and inclusion in the workplace. We prohibit discrimination and harassment of any kind based on race, color, gender, religion, sexual orientation, national origin, disability, genetic information, pregnancy, or any other protected characteristic.

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