Back Islamic Finance and Impact Investing Research Intern

Background

The Istanbul International Center for Private Sector in Development (ICPSD) offers a selected group of outstanding graduate-level students the opportunity to acquire direct exposure to ICPSD's work as a center of excellence for the private sector in development. It is designed to provide support to ICPSD’s applied research and policy advisory services and to complement the interns’ practical experience in various issues related to private sector engagement, skills generation, impact investing and other topics of international development. The Programme operates under the rules and regulations of the UNDP Internship Policy.

UNDP ICPSD leads UNDP’s private sector strategy, mobilizing the private sector to engage in development. ICPSD convenes stakeholders from public and private industry as well as foundations to facilitate knowledge sharing and partnerships, catalyzes private sector actors for developing products and initiatives for Sustainable Development Goal (SDG) implementation and provides support to raise capital through innovative financing models such as blended finance.

UNDP ICPSD’s impact investing work stream is based on two pillars: Conventional finance and Islamic finance.

ICPSD and the Islamic Development Bank (IsDB) established the Global Islamic Finance and Impact Investing Platform (GIFIIP) in 2016 to position Islamic finance and impact investing as leading enablers of SDG implementation around the world. Bringing together the private sector, governments and key stakeholders operating in the Islamic finance and impact investing markets, the platform aims to promote market-based solutions to sustainable development challenges.

Duties and Responsibilities

This intern will be responsible for the following duties:

• Provide research, writing and editing support on issues and knowledge products related to Islamic finance and impact investing;
• Support publishing knowledge stories/best practices on Islamic finance and impact investing;
• Contribute to designing and implementation of initiatives, projects, or programmes;
• Provide administrative support on an as-needed basis;
• Prepare relevant communications materials (speeches, brochures, success stories, social media, materials, etc.);
• Collaborate on the development and execution of online content (images, infographics, videos, blogs, etc.) and campaigns delivered across various social media channels such as Facebook, Twitter, YouTube, etc.
• Other relevant tasks as deemed necessary by the supervisor.

  Competencies

  Technical/Functional Competencies

  • Excellent research and writing skills, as well as strong analytical aptitude and strong communication skills;
  • Ability to manage workload with minimum supervision and collaborate with a wide range of colleagues while meeting the deadlines;
  • Excellent interpersonal skills: being able to listen and collaborate with a wide range of players, being able to work independently, being pro-active and taking initiative;
  • Be able to work both independently and as part of a team.

    Personal Competencies:

    • Commitment to UNDP's mission, vision, and values;
    • Sensitivity to cultural, gender, religion, race, nationality, and age differences;
    • Highest standards of integrity, discretion, and loyalty.

      Required Skills and Experience

      Education:

      Applicants must at the time of application meet one of the following requirements:

      a) be enrolled in a second university degree programme (Master Degree);or

      b) be enrolled in the final academic year of a first university degree programme (Bachelor Degree); or

      c) have graduated with a university degree in fields such as Islamic economics and finance, economics, finance, business, development, international relations, law, public administration or similar and, if selected, must start the internship within one-year of graduation.

      Experience:

      📚 𝗗𝗶𝘀𝗰𝗼𝘃𝗲𝗿 𝗛𝗼𝘄 𝘁𝗼 𝗚𝗲𝘁 𝗮 𝗝𝗼𝗯 𝗶𝗻 𝘁𝗵𝗲 𝗨𝗡 𝗶𝗻 𝟮𝟬𝟮𝟯! 🌍🤝 𝗥𝗲𝗮𝗱 𝗼𝘂𝗿 𝗡𝗘𝗪 𝗥𝗲𝗰𝗿𝘂𝗶𝘁𝗺𝗲𝗻𝘁 𝗚𝘂𝗶𝗱𝗲 𝘁𝗼 𝘁𝗵𝗲 𝗨𝗡 𝟮𝟬𝟮𝟯 𝘄𝗶𝘁𝗵 𝘁𝗲𝘀𝘁 𝘀𝗮𝗺𝗽𝗹𝗲𝘀 𝗳𝗼𝗿 𝗨𝗡𝗛𝗖𝗥, 𝗪𝗙𝗣, 𝗨𝗡𝗜𝗖𝗘𝗙, 𝗨𝗡𝗗𝗦𝗦, 𝗨𝗡𝗙𝗣𝗔, 𝗜𝗢𝗠 𝗮𝗻𝗱 𝗼𝘁𝗵𝗲𝗿𝘀! 🌐

      ⚠️ 𝐂𝐡𝐚𝐧𝐠𝐞 𝐘𝐨𝐮𝐫 𝐋𝐢𝐟𝐞 𝐍𝐨𝐰: 𝐏𝐨𝐰𝐞𝐫𝐟𝐮𝐥 𝐓𝐞𝐜𝐡𝐧𝐢𝐪𝐮𝐞𝐬 𝐡𝐨𝐰 𝐭𝐨 𝐠𝐞𝐭 𝐚 𝐣𝐨𝐛 𝐢𝐧 𝐭𝐡𝐞 𝐔𝐧𝐢𝐭𝐞𝐝 𝐍𝐚𝐭𝐢𝐨𝐧𝐬 𝐍𝐎𝐖!

    • Experience in academic writing, research, and analysis on sustainable development, and impact investing.
  • Knowledge of SDG financing and Islamic finance is an asset;
• Knowledge of the OIC countries is desirable;

Language:

Financial Issues

Interns will be given a stipend according to the UNDP Internship Policies, if they are not financially supported by any institution or programme, such as a university, government, foundation or scholarship programme.

The monthly amount of the stipend will be determined for each duty station based on the stipend rates published yearly by the OHR Policy and Compensation Unit. The stipend will be paid on a monthly basis and part-time internship arrangements are prorated accordingly.

Application Procedure

The application should contain:

Please group all your documents into one single PDF document as the system only allows to upload maximum one document.

Candidates who are selected must submit the following documents:

UNDP only accepts interns for a minimum of 6 weeks and a maximum of 6 months. UNDP accepts no responsibility for costs arising from accidents and/or illness or death incurred during the internship. Interns are not staff members and may not represent UNDP in any official capacity. It is important to note that interns are responsible to arrange for their own visa , and need to plan for these well in advance.

Subsequent Employment

The purpose of the Internship Programme is not to lead to further employment with UNDP but to complement an intern’s studies.
Therefore, there should be no expectation of employment at the end of an internship.
More information is available at: http://www.undp.org/internships/.

UNDP is committed to achieving workforce diversity in terms of gender, nationality and culture. Individuals from minority groups, indigenous groups and persons with disabilities are equally encouraged to apply. All applications will be treated with the strictest confidence.