Job Opportunity : Policy Specialist, Health Finance & Global Fund STC
UNDP is the knowledge frontier organization for sustainable development in the UN Development System and serves as the integrator for collective action to realize the Sustainable Development Goals (SDGs). Supporting countries to achieve Universal Health Coverage (UHC), strengthen health systems resilience, and ensure sustainable health financing is a key priority for the organization, particularly in the context of Global Fund partnership and health security imperatives.
UNDP's Sustainable Finance Hub (SFH) draws on a critical mass of UNDP expertise, initiatives, and partnerships to support the mobilization and leveraging of resources for the SDGs, with health financing representing a critical component of sustainable development finance. The Hub works through four service offers : public finance for the SDGs, private finance for the SDGs, integrated national financing frameworks and the SDG Finance Academy.
Within this context, health financing remains critical. The rising burden of non-communicable diseases, unfinished communicable disease agendas and the risk of gains being reversed, pandemic preparedness needs, and climate-health nexus challenges all underscore the imperative of sustainable financing, where strengthened domestic resources and well-aligned external support reinforce each other. The Global Fund to Fight AIDS, Tuberculosis and Malaria represents one of the largest sources of external health financing globally, with its Sustainability, Transition & Co-financing (STC) approach requiring sophisticated financial planning, domestic resource mobilization, and innovative financing solutions.
In close coordination with the HIV and Health Group and SFH Lead Advisor for Programme and Partnerships, the Policy Specialist, Health Finance & Global Fund STC will lead UNDP's engagement with health financing stakeholders to leverage and multiply resources through sustainable finance instruments, ensure Global Fund co-financing compliance, and integrate health financing into coherent policy frameworks across national, subnational, and local levels.
Under the joint supervision of the Programme Advisor, Global Fund Partnership and Health Systems Team, within the HIV & Health Group and the Sustainable Finance Hub, GPN Coordination Advisor, working closely with relevant regional bureaux and country offices, the Specialist will perform the following duties :
Lead Global Fund STC Support and Co-financing Strategy
- Serve as UNDP's primary technical advisor on Global Fund Sustainability, Transition & Co-financing (STC), providing strategic guidance on compliance pathways, co-financing tracking systems, and integration into Global Fund strategies.
- Conduct comprehensive fiscal space diagnostics and Public Financial Management (PFM) assessments to inform Global Fund country dialogues and Grant Cycle 8 (GC8) pipeline development.
- Lead development of country-specific co-financing roadmaps that align domestic resource mobilization with Global Fund requirements and national health priorities.
- Provide technical assistance on Global Fund co-financing methodologies, tracking mechanisms, and reporting frameworks to ensure country compliance and maximize funding access.
- Serve as focal point linking Global Fund STC requirements with UNDP's broader health financing and sustainable finance portfolio in close collaboration with Programme Specialists.
Design and Structure Innovative Health Finance Instruments
Lead hands-on design, structuring, and negotiation of innovative health financing instruments including health bonds, SDG bonds, debt-for-health swaps, smart capital financing for SHS and blended finance vehicles in partnership with Ministries of Finance, Multilateral Development Banks (MDBs), UNCDF, and private investors. Develop term sheets, investment memoranda, and transaction documentation for health financing instruments that leverage Global Fund resources to crowd-in private capital.Structure co-financing mechanisms that blend domestic public resources, Global Fund grants, development finance, and private investment to maximize health system impact.Work with SFH private sector team and country offices to develop health investment pipelines, matchmaking platforms, and specific financial instruments that strategically deploy health financing resources.Convene multi-stakeholder Co-financing Platforms
Establish and facilitate national and regional co-financing platforms bring together Ministries of Finance, Ministries of Health, Global Fund representatives, donors, development partners, and private sector stakeholders.Coordinate stakeholder alignment on investment frameworks, co-financing commitments, and integrated health financing strategies at national and subnational levels.Organize high-level policy dialogues and technical working groups to align health financing priorities with broader fiscal and development planning processes.Facilitate South-South and triangular cooperation on health financing innovations and co-financing best practices.Integrate Health Financing into National Frameworks
Support UNDP country offices and government partners to mainstream UHC, health security, and Global Fund priorities into Integrated National Financing Frameworks (INFFs), Medium-Term Expenditure Frameworks (MTEF), and SDG budgeting processes.Provide quality assurance on integration of health financing strategies into broader development finance assessments and national investment opportunities.Advise countries on cross-sectoral financing alignment, linking health investments with climate adaptation, education, social protection, and economic development budgets.Support strengthening of municipal and subnational health financing capacity, particularly in contexts where Global Fund programs operate at decentralized levels.Deploy Digital PFM and Accountability Solutions
Lead deployment of digital expenditure tracking systems, budget forecasting tools, and transparency platforms specifically designed for Global Fund-linked health budgets.Implement anti-corruption safeguards and financial oversight mechanisms to ensure accountability in health financing flows.Establish parliamentary and civil society oversight interfaces to strengthen democratic accountability in health budget executionDevelop data dashboards and analytics platforms for real-time monitoring of co-financing commitments, domestic resource mobilization, and budget execution relevant to Global Fund STC tracking.Provide Strategic Advisory for Leadership Engagement
Produce strategic briefs, talking points, and options papers for UNDP senior leadership ahead of Global Fund replenishment negotiations, Executive Director meetings, and high-level health financing forums.Map political economic risks and opportunities in health financing contexts, providing deal-level trade-off analysis and strategic recommendations.Support UNDP positioning in global health financing debates and contribute to fiscal policy development on health financing innovation.Represent UNDP in technical advisory groups, expert panels, and global forums on health financing and Global Fund partnership.Coordinate Internal and External Partnerships
Ensure seamless coordination between SFH, HIV and Health Group, regional and country offices to ensure health financing instruments and policy advice are effectively integrated into UNDP programming.Partners with WHO, World Bank, Gavi, Global Fund Secretariat, regional development banks, and other health financing stakeholders on joint initiatives and knowledge exchange, including the SPA 3 by 35 initiative on health taxes launched in Sevilla.Maintain strategic partnerships with academic institutions, think tanks, and civil society organizations working on health financing innovation.Lead Capacity Development and Knowledge Management
Develop comprehensive guidance, toolkits, and training modules on Global Fund access, co-financing compliance, health financing instrument design, and integrated health financing strategies.Deliver virtual and in-person training, targeting finance ministry officials, health policymakers, parliamentarians, and civil society organizations.Build evidence based on health financing public and private financing innovations, co-financing effectiveness, and integrated approaches to health system strengthening at both national and subnational level.Produce policy briefs, case studies, and analytical reports on emerging trends in health financing, Global Fund STC implementation, and innovative finance applications.The Policy Specialist will work under the joint supervision of a primary supervisor, the Programme Advisor, Global Fund Partnership and Health Systems Team, within the HIV & Health Group, with matrix supervision to the Public Finance Team Lead; where relevant, the Specialist will link up with Regional Health team leaders. Supervisory responsibilities : The Policy Specialist will directly (co-) supervise junior technical specialists and any personnel recruited under health financing projects (Global Fund, Gavi, World Bank, etc.) to support delivery of health financing services and / or the objectives outlined above. Day-to-day coordination will be managed through weekly check-ins, with performance evaluated against an agreed annual workplan tied to Global Fund cycles and health financing deliverables.
Competencies
Core : Achieve Results, Think Innovatively, Learn Continuously, Adapt with Agility, Act with Determination, Engage and Partner, Enable Diversity & Inclusion
People Management : UNDP People Management Competencies can be found in the dedicated site.
Cross-Functional & Technical
Thematic Area : Business Direction & Strategy
Name : System Thinking
Definition : Ability to use objective problem analysis and judgement to understand how interrelated elements coexist within