Lowongan Kerja Finance Indonesia

The Financial and Private Sector Development Department of the World
Bank is seeking for a Financial Research Analyst (the Analyst) to
conduct research on PNPM Revolving Loan Fund (RLF) financial data.

Project Background and Objectives

PNPM Mandiri Perdesaan (Rural) and Perkotaan (Urban) are long running
Government community-empowerment programmes, part-financed by the World
Bank. They have a Revolving Loan Fund (RLF) component with a combined
$750m+ in assets, making them the largest community-driven microfinance
operations in the world. The "PNPM Mandiri RLF Capacity Building
and Sustainability Pilot Project" (The Pilot Project) runs from
2010-2014 and aims to "achieve poverty reduction through ensuring
sustainable access to financial services". It will achieve this
through capacity-building RLFs (inc. operations, MIS, legal status), and
strengthening linkages with the commercial financial sector. The Pilot
Project primarily looks at Sumatera Barat, Java Tengah, DI Yogyakarta
and NTT.

As part of this work, The Pilot Project is collecting, monitoring and
analyzing large amounts of data, mostly financial, from existing and new
channels. This data will be used to guide assessments, policy setting
and monitoring of the RLFs, with respect to their ability to provide the
poor with sustainable access to credit. A basic example of the existing
data sets and analysis can be seen on the PNPM Perkotaan website:
www.p2kp.org/laporandetil.asp?mid=96&catid=22&menuid=4
<http://www.p2kp.org/laporandetil.asp?mid=96&catid=22&menuid=4> .

SCOPE OF WORK

This research work is expected to drive policy and as such, this is NOT
an operational finance/accounting role.

The main tasks of the Analyst will be:

- Provide evidence-backed policy advice on how to improve the
sustainability of RLFs

- Ensure The Pilot Project has a complete set of the latest available
monthly RLF performance related data for both PNPM Rural and Urban
through coordination with relevant parties

- Organize and `clean' the RLF financial data for ease of
further analysis. The data often comes in different formats and has
discrepancies

- Provide detailed financial analytical reports on quarterly basis of
the four pilot provinces

- Perform ad-hoc analysis and answer specific financial data
questions from the Pilot Project Team or counterparties, e.g. is RLF
liquidity seasonal?

- Assist in the testing, calibrating and dissemination of the RLF
performance monitoring indicators (`financial ratings'), and
provide monthly monitoring of RLF performance

- Assist in communicating the implications of findings and building
financial analysis capacity at all levels, starting from within The
Pilot Project Team and other counterparties

- Assist in general tasks as a member of The Pilot Project Team, e.g.
make slides, review documents

SELECTION CRITERIA

The analyst should have the following qualifications:

- A minimum bachelor's degree, and preferably a graduate degree in
a subject that requires heavy financial data analysis (e.g. finance,
economics, accounting, statistics)

- 2-6 years' work and or graduate research experience including
financial data analysis.

- Work experience in accounting or finance, preferably with exposure to
lending operations and the use of large "unclean" data-sets

- Solid accounting skills (i.e. know the relationship between
line-items in a Balance Sheet and Income Statement) and a familiarity
with (micro) financial terms in Bahasa and preferably in English also

- Advanced excel skills (extensive use of keyboard-shortcuts, and
knowledge of advanced formulas)

- Good written and verbal English communication skills in order to
present findings

- Knowledge of microfinance and or the PNPM RLF program would be a
major bonus

- Familiarity with data management and analysis software such as MS
Access and STATA would be a bonus

In addition, the analyst should be comfortable with:

a) Reading financial statements, including a good understanding of NPL
treatment

b) Quickly cleaning 1000s of lines of data that are error-prone and in
user-unfriendly formats

c) Writing up and presenting findings to team-members in English

Short-listed candidates will be tested on micro-finance accounting;
excel data processing; and basic statistics.

The initial assignment will be for a maximum of 150 working days per
financial year (as a Short Term Consultant), and the expected start date
is late February, 2013. The Data Analyst will report to the Task Team
Leader of the PNPM RLF Pilot Project, and work closely with a Financial
Sector Analyst. (S)he will also report to the Lead Financial Economist.

To apply, please submit a CV (no more than 2-sides long) and cover
letter by email to jobsindonesia@worldbank.org
<mailto:%20jobsindonesia@worldbank.org> with the subject "PNPM RLF
Financial Research Analyst Application" by January 6th 2013