Financial Policy Specialist

Established in 1951, IOM is a Related Organization of the United Nations, and as the leading UN agency in the field of migration, works closely with governmental, intergovernmental and non-governmental partners. IOM is dedicated to promoting humane and orderly migration for the benefit of all. It does so by providing services and advice to governments and migrants.

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Applications are welcome from first- and second-tier candidates, particularly qualified female candidates as well as applications from the non-represented member countries of IOM. For all IOM vacancies, applications from qualified and eligible first-tier candidates are considered before those of qualified and eligible second-tier candidates in the selection process.

For the purpose of this vacancy, the following are considered first-tier candidates:

• Internal candidates
• Candidates from the following IOM Member States:

Antigua and Barbuda, Bahamas, Barbados, Comoros, Congo (the), Cook Islands, Dominica, Federated States of Micronesia, Grenada, Guinea-Bissau, Holy See, Iceland, Israel, Kiribati, Lao People's Democratic Republic, Madagascar, Marshall Islands, Namibia, Nauru, Palau, Saint Kitts and Nevis, Saint Lucia, Samoa, Sao Tome and Principe, Solomon Islands, Suriname, Tonga, Tuvalu, Vanuatu

Second tier candidates include:

All external candidates, except candidates from non-represented member states of IOM.

Under the overall supervision of the Deputy Comptroller/Director of the Financial Coordination and Policy Division and the direct supervision of the Senior Financial Policy Officer, the Financial Policy Specialist will lead the development and updating of corporate policies and guidelines related to financial management and oversight, including those related to innovative financing solutions. This role involves providing expert guidance on complex financial policy interpretation and practical implementation, supporting the negotiation of donor conditionalities, and advising on financial risks, fraud prevention and mitigation strategies to ensure alignment with organizational objectives and compliance with financial regulations.

Additionally, the Financial Policy Specialist will ensure that these policies account for IOM’s decentralized structure, enhancing the organization’s overall financial governance and risk management framework.

• Provide expert support and guidance for the development and revision of financial and administrative policies, ensuring alignment with organizational goals, regulatory requirements, and best practices, while addressing operational challenges and promoting efficiency.
• Lead negotiations on financial terms with donors and third parties, ensuring compliance with IOM’s regulatory framework, reviewing critical contractual clauses, and providing expert guidance on non-standard financial provisions.
• Provide expert input on comprehensive impact assessments for implementing new business models and innovative financing solutions, ensuring thorough evaluation of financial implications.
• Advise on the application and interpretation of IOM’s financial regulatory framework, maintaining robust internal controls within a decentralized resource management structure.
• Proactively identify and elevate financial risks, driving timely resolution and mitigation strategies.
• Ensure that fraud prevention measures and effective financial controls are embedded within all financial and administrative policies effectively.
• Provide guidance and advice on interpreting and applying UN system-wide financial policies, procedures, guidelines, and reporting requirements.
• Offer expert guidance in preparing IOM’s consolidated financial data for central UN system-wide financial reporting processes.
• Liaise with professional working groups and networks within and outside the United Nations system, representing IOM as assigned.
• Conduct detailed analysis of audit recommendations…