Uzbekistan_Support to the Operationalization of the Uzbekistan Mortgage Refinancing Company

The objective of the assignment is to support the Government of Uzbekistan  to operationalize the Uzbekistan Mortgage Refinancing Company (UMRC) by developing constitutive documents, strategy, systems, and policies. The UMRC is envisaged to be a wholesale financial institution providing long-term finance to mortgage lenders. It issues bonds in the capital markets, and with the proceeds, provides long-term loans to mortgage lenders. It bridges the maturity mismatch which lenders face when trying to do long-term lending using their short-term deposits. It is therefore important that the constitutive documents, strategy, systems, and policies are developed in line with international best practices.

Qualifications: 

The IT specialist is expected to:

  • Assess Information technology requirements, support implementation of management information system;
  • Advise on the IT systems to be procured or outsourced by UMRC, and help sequence the development of the system between basic functions required to start UMRC operation (e.g.  accounting, HR, Treasury management, internal network, website) which can be done through standard applications, and other functions specific to UMRC business model, which will imply customized applications – e.g.  to account for and monitor the refinanced loan portfolios and ensure compliance with credit policies and procure such systems; and  
  • Define conditions to ensure the integrity of UMRC data management system, including the creation of a back- up platform.

 

Start / Duration: 

The expected implementation of the Technical Assistance is from March 2019 to December 2020

If you are interested to cooperate with AFC Consultants please send you most recent CV to Barbara.Braun [at] afci.de  

Thank you