Entrepreneurship in the territories: is it the right time?
Working with: government (Bangko Sentral ng Pilipinas, SEC), banks, industry associations
Major causes of deforestation in Southeast Asia include unsustainable production of agricultural and forest commodities and infrastructure development. Aside from producers, buyers, consumers and government, the financial sector is one of the most powerful actors to stimulate sustainable commodity production as well as infrastructure development through its financial leverage and capital allocation decisions.
Southeast Asia contains some of the world's most biodiverse tropical forests, but has the fastest rates of forest loss. Mainly due to the production of palm oil, pulp and paper, rubber, as well as infrastructure projects, Indonesia, Malaysia, Thailand, the Philippines and Myanmar will lose most of their native forests and biodiversity within 20 years if business practices do not change. The finance sector offers a huge potential to help safeguard forests and biodiversity by directing investments to sustainable business models.
WWF is implementing a Project, Taking Deforestation out of Banking Portfolios, that aims to reduce negative impacts of business-as-usual financing and to support the integration of Environmental and Social (E&S) safeguards, including deforestation-free criteria, among Philippine financial institutions and financial market actors. It will provide sector specific guidance to financial institutions, e.g. review, improvement, and development, of existing and new financial products.
THE ROLE
The Sustainable Banking Specialist is under the direct supervision of the Chief of Party.
- SUSBA annual reviews. Supports engagements with financial regulators and banks through the conduct of WWF's Sustainable Banking Assessment (SUSBA) tool and Sustainable Financial Regulators and Central Bank Activities Tracker. The candidate shall assess Annual Sustainability reports of top 7 commercial banks and apply SUSBA indicators, and feedback results through bilateral sessions. He/she shall coordinate with WWF-Singapore office for quality checks.
- Training design and implementation. Develops and rolls out training materials for sustainable finance capacity building needs of banks in alignment to regulatory expectations under BSP Circular 1085. The candidate shall assist the Chief-of-Party in gap analysis, organizing zoom learning activities, design slides, document proceedings and other required training activities.
- Planning, monitoring and reporting. Assists the chief-of-party in formulating and executing the Philippines Work Package under the IKI grant. Lead in preparing quarterly work and financial plans in cooperation with the Project team, monitors project performance regularly, troubleshoots and adjusts said plans with Project team as necessary. Lead in preparing project reports as per requirements of WWF and external users, and in close cooperation with the Project Development unit.
- Partnership & Network development and third party engagement. Participate in WWF SUSFIN Regional zoom meetings, webinars and knowledge sharing sessions. Contribute quarterly articles to IKI Newsletter. Initiates strategic partnerships, and monitors implementation of partnership agreements. Keeps abreast with local, national, and international developments on sustainable finance, tools, technical information, issues and trends related to the Project.
- Project Administration and Budget Management. Supervises the Finance and Administration Officer in processing related cash payments, paperwork for liquidation reports on procurement, travel and other expenses and monitoring quarterly budgets Prepares minutes of meetings, coordinates workshops, roundtable discussions, and documents project-related activities; review workshop proceedings, package donor reports, etc. Upload meeting notes/minutes, PowerPoints, trip reports, write news articles, letter correspondences, etc. in cloud.
- Communications support. Collaborate with WWF Communications team in developing communications and campaign materials and upload in websites targeting government, banks and other finance stakeholders.
- Staff coordination. Coordinate with communications team, HR, Finance, GIS, and other WWF project staff. Assign targets and jointly plan activities contributing to project indicators and milestones. Recommend areas for improvement.
