Innovative Finance Analyst

United Nations Development Programme

Istanbul, Turkey

Experience: 0 to 3 Years

Skill Required: Finance & Accounting

The Innovative Finance Analyst will support the implementation of the STF’s strategic approach to innovative finance by identifying, co-designing, and enabling the testing and/or implementation of financing mechanisms that unlock, blend, and leverage new resources for urban transformation. This role bridges strategic innovation with systemic financing approaches and works closely with BOOST, City Experiment Fund (CEF), and country-level partners.

Responsibilities:

  • Capture lessons from financial pilot initiatives and support the synthesis of learning into accessible case studies, policy briefs, or internal playbooks, with an aim for regional knowledge and practice sharing.
  • Support the preparation and facilitation of regional peer exchange sessions, trainings, or workshops on urban and innovative finance.
  • Engage in cross-team learning across IRH and COs to strengthen collective understanding of what works in city-level financing for green and digital transitions.
  • Map and analyze funding opportunities from international, regional, national, and sub-national levels, including donors, IFIs, philanthropic actors, and private sector investors.
  • Explore the application of innovative and alternative finance tools such as social impact bonds, blended finance, guarantees, tokenized instruments, and outcome-based payment models for urban and systems transformation.
  • Contribute to the development and testing of financing models for initiatives supported under the BOOST acceleration platform and CEF portfolios.
  • Support the creation of feasibility assessments and investment-readiness diagnostics for early-stage urban transformation initiatives.
  • Support the integration of financing logic into mission- and portfolio-based urban transformation strategies.
  • Contribute to the design of systems finance strategies that link multiple urban interventions (grants, missions, experiments) with long-term, scalable financing structures.
  • Work with the Innovation and BOOST teams to refine and apply portfolio financing models that allow flexible, learning-driven resource allocation.
  • Help craft guidance and internal tools to operationalize portfolio-level financing approaches in collaboration with Country Offices.

Education:

  • Advanced university degree (master's degree or equivalent) in international development, development economics, urban studies, natural sciences or other relevant field is required.
  • A first-level university degree (bachelor’s degree) in the above fields in combination with an additional two years of qualifying experience will be given due consideration in lieu of the advanced university degree.

Work Experience:

A minimum of 2 years (with master’s degree) or 4 years (with bachelor’s degree) of relevant experience working with innovative financing mechanisms, methods of development or relevant related fields is required

Languages:

Fluency in written and spoken English.

Source: https://estm.fa.em2.oraclecloud.com/hcmUI/CandidateExperience/en/sites/CX_1/job/28903