RMI - Payments System Advisor

Request for Expressions of Interest (INDIVIDUAL CONSULTING SERVICES) Payments System Advisor to the Monetary Authority of the Marshall Islands (MAMI) Project Name Pacific Strengthening Correspondent Banking Relationships Project Project Number P502591 https://projects.worldbank.org/en/projects-operations/project-detail/P502591 Activity and Reference Number (STEP) Payments System Advisor FJ-PIFS-567205-CS-INDV Implementing Agency Names Pacific Islands Forum Secretariat Country FIJI  The Pacific Islands Forum Secretariat (PIFS) and seven Pacific Island member countries (Fiji, Kiribati, Marshall Islands, Samoa, Solomon Islands, Tonga, Tuvalu, and Vanuatu) have received financing (grants and credits) from the World Bank Group’s International Development Association (IDA) towards the Pacific Strengthening Correspondent Banking Relationships Project (the Project) and will apply part of these proceeds to the contract below for Consulting Services. PIFS is seeking a qualified and experienced Payments System Advisor to provide technical advisory support to the Monetary Authority of the Marshall Islands (MAMI). The Advisor will assist with the establishment of a safe, efficient, inclusive, and scalable national payments system and oversight function, aligned with the CBR Project, the CBR Roadmap, regional harmonization work, and the emerging Pacific Payment Mechanism (PPM). The Advisor will work closely with MAMI, PIFS, the World Bank, IMF, and other technical assistance providers to translate IMF recommendations into practical implementation steps for RMI. This is a time-based individual consultant assignment for up to twelve (12) months, with up to 240 working days of input, requiring significant in-country presence in Majuro (50–60% of input days). Scope of Services Under the overall direction of the Project Coordinator, the Payments System Advisor shall undertake the following activities: Review IMF recommendations and prepare a 12month...