Job Description

Introduction and Background The Millennium Challenge Corporation (MCC) is a U.S. government corporation established in 2004. Its mission is to provide assistance that will support inclusive and sustainable economic growth and poverty reduction in carefully selected developing countries that demonstrate a commitment to just and democratic governance, economic freedom, and investments in their citizenry. In December 2018, MCC’s Board of Directors selected Indonesia as eligible to develop a second compact. The selection reflected the strong partnership MCC and Indonesia built during the first compact. The compact agreement will be valid for a period of five years. MCC’s work with Indonesia on the second compact is currently in the pre-implementation preparation stage, prior to “Entry-Into-Force” (EIF) of the compact agreement at which time the five-year implementation period begins. The Indonesia Compact is designed to improve the country’s transport and logistics infrastructure, developing high-quality, climate-conscious transportation infrastructure in five provinces while increasing access to finance for micro-, small, and medium-sized enterprises (MSMEs). Along with implementing policy and institutional reforms, the proposed grant program will include three separate projects, in alignment with Indonesia’s own development priorities: • The $350 million Advancing Transport and Logistics Accessibility Services Project (ATLAS), which aims to improve transport planning and preparation in target provinces by preparing, structuring, procuring, and delivering support to sub-national governments.

• The $95 million Financial Markets Development Project (FMDP), which will address the root causes of underdeveloped project financing market and capital markets by building capacity for and mobilizing green finance and other blended finance mechanisms.

• The $136 million Access to Finance for Women-owned / Micro-, Small and Medium Enterprises (MSME) Finance Project, which aims to increase lending from formal financial service providers to MSMEs and women-owned MSMEs in the target provinces by gathering and analyzing MSME financial and technical performance data as well as providing technical assistance, digital and financial literacy training, and other demand-driven business development support.

The FMDP will focus on the national level while the ATLAS and MSME Finance Projects will be implemented at the sub-national level in the North Sulawesi, Riau, Riau Islands, Bali and South Sumatra provinces. The Government of Indonesia has established an Implementation Independent Agency, called the Millennium Challenge Account – Indonesia II (MCA-Indonesia II or “MCA”), to act as a designee in supervising and managing the implementation of the five-year MCC Compact Program in Indonesia.

Detailed information about the MCC Indonesia Compact program is available on the MCC https://www.mcc.gov/content/uploads/compact-indonesia-infrastructure-and-finance.pdf (refer to Annex I: Program Description of the Compact).

Position Objective The Deputy Executive Director for Infrastructure Finance will assume a critical role in the success of the MCA-Indonesia II and two Compact Projects related to infrastructure planning and finance: the ATLAS Project and FMDP. The ATLAS Project is focused on developing the institutional structures to improve project preparation while FMDP is focused on improving the availability of finance for infrastructure. The Deputy Executive Director for Infrastructure Finance (“DED for Infrastructure Finance”) will oversee and ensure that infrastructure projects are being developed so that they can attract commercially oriented finance, supported by blended finance, as necessary. Accordingly, a key objective for the DED for Infrastructure Finance will be to ensure that there is coherence between the demand and supply sides of infrastructure finance.

The DED for Infrastructure Finance, reporting to the Executive Director is responsible for MCA-Indonesia II’s project functions encompassing the planning, design, and implementation [referred to as Project Implementation] of the ATLAS Project and FMDP, and ensure that all ATLAS Project and FMDP implementation and targets are met according to Compact objectives, agreed workplans, program designs, estimated budgets as well as MCC’s ESP, gender integration and monitoring and evaluation requirements. The DED for Infrastructure Finance shall provide thought leadership, strategic direction, operational oversight, routine program management/administration coordination in the compact as appropriate, including maintaining robust communications and/or interface with both internal and external stakeholders that includes Government of Indonesia as well as the financial markets, donor community, and relevant private sector stakeholders.

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