**Selection of staff is made on a competitive basis, and we are committed to promoting diversity and gender balance**
**Job Title**:Financial Assessment Internship
**Type of Contract**: Internship
**Division**:Business Development Cash-Based Transfers (CBT) Unit, FINB
**Duty Station**: WFP Headquarters, Rome, Italy (working remotely)
**Duration**:8 months
**BACKGROUND AND PURPOSE OF THE ASSIGNMENT**:
The World Food Programme (WFP) is the leading humanitarian organization saving lives and changing lives, delivering food assistance in emergencies, and working with communities to improve nutrition and build resilience.



We are currently seeking to fill a Financial Assessment intern position in our Business Development CBT unit of the Corporate Finance (FIN) division, based in Rome, Italy.
Cash-based transfers (CBT) represent an increasing share of WFP’s total humanitarian assistance (38 percent in 2019), and include assistance distributed as physical banknotes, e-money, mobile money, vouchers, or debit cards. In 2019, WFP transferred US$2.1 billion to 27.9 million people in 64 countries, empowering them to meet their essential needs.
In support of WFP’s global scale up of cash-based transfers, the Finance function through the Business Development and Cash Based Transfers Branch (FINB) is developing corporate tools and guidance, providing day-to-day technical advice and assistance to Country Offices while also undertaking a range of other strategic activities and engagements internally as well as with external service providers. The Intern will be supporting global market research in the areas of Financial Technologies and Know-Your-Customer regulations as a baseline for the design of various corporate tools and platforms.
**ACCOUNTABILITIES/RESPONSIBILITIES**:
- Support FinTech and Mobile Money baseline assessment in the humanitarian sector
- Detail research scope into criteria set, geographic reach,



categories of providers
- Review landscape of providers relevant to the humanitarian sector
- Conduct a comparative analysis of providers relevant to the humanitarian sector by market size, market share, products & services, capacity, reach, etc.
- Conduct primary data collection through internal and external channels
- Consolidate available internal and secondary information into multi-facetted report and accompanying documentation, i.e., various output formats and presentations
- Complete provider factsheets and rosters for process mapping purposes
- Conduct a review of best practices in implementing fintech solutions in a humanitarian setting
- Support Know-Your-Customer (KYC) mapping
- Review relevant criteria for KYC in humanitarian settings and detail research scope in relation to existing assessments




- Conduct data collection from legislative bodies and secondary data to carry out regulatory framework analysis (including researching KYC stages and thresholds)
- Complete data fields for indexing
- Produce mapping of relevant WFP target countries
- Regularly update CBT databases with details of Financial Service Providers (FSPs) and markets
- Provide overall support to the Market Engagement team in its various activities
- All other duties as required
**QUALIFICATIONS AND EXPERIENCE**:
- Currently enrolled with at least two years undergraduate studies completed, or recently graduated (within the past six months) in Economics or Finance, Business Administration, or related fields.
- University course attendance in the past 12 months.
- Excellent command of English; Working knowledge of a second UN language would be an asset.
- Proficiency in MS Office (Word, Excel, Power Point, Outlook).
**Required soft skills/WFP competencies**:
- Overall understanding of market research and financial institutions
- Additional insights as a plus:




- Knowledge of global financial markets, sub-sectors and its institutions and stakeholders
- Overview of payment instruments, respective features and functionalities in developing markets
- Understanding of the regulatory setting for payment instruments in the context of humanitarian interventions
- Demonstrated ability to work both independently and as part of a diverse team.
**Working Languages**
Working knowledge of English (proficiency/level C) is required. knowledge of French and/or another additional UN language is a plus.
**Supervision (Level/Methods of Supervision)**
Under the direct supervision of Lead Strategy & Financial Sector Advisor, the incumbent will be provided with close mentoring, guidance and technical supervision. Performance planning and reviews as well as learning and development discussions will be elemental part of the supervision. Chief, Business Development CBT (FINB) will be the second-level supervisor.



With the support of a comprehensive induction package and assignment of a buddy/mentor, the intern will rapidly become a productive member of the team.
**Training components**
Throughout their assignment WFP interns have access to an