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Associate Professional

Date: Jan 15, 2021

Location: Korea (KOR), KR

Company: Green Climate Fund

Grade: IS - 1

Deadline:  17 January 2021 (11:59 PM KST)

Location: Songdo, Incheon, South Korea

Contract Length: 3 years

Entry Salary: USD 79,600

 

The mission of the Green Climate Fund is to assist developing countries to respond to climate change while bringing prosperity to their peoples.

Established in 2010, the GCF invests in transformational climate projects in the developing world. The Fund makes an ambitious contribution to global climate action and channels significant financial resources into developing countries to help build low-emission and climate-resilient societies.  It is country-driven and undertakes actions that reflect the circumstances of each country concerned and its national aspirations. The GCF is a key enabler of the 2015 Paris Agreement on Climate Change.

 

Since its establishment, the GCF has approved 111 projects in 99 countries and has committed USD 5.0 billion in climate finance. In addition, it has built up an extensive program to support developing countries to identify their needs, in particular, those who are most vulnerable to climate change impacts.

The GCF’s diverse workforce is advancing its mission from its headquarters in South Korea. Our talented staff makes unique contributions to the Fund, enriching the institution through their combined expertise and professional commitment.

 

Position description 

The Associate Professional will be responsible for the operational and funding proposal processes as necessary for the efficient operationalization of the division, carrying out quantitative and qualitative analyses of the Private Sector Facility (PSF) portfolio; and act as the lead coordinator for the private sector Accredited Entities (AEs) pipeline ad portfolio, Board related matters and institutional strategy; including assisting during the review and approval processes in light of increased requests from private sector actors in developing countries.

 

Duties and responsibilities

Purpose

  • Carries out quantitative and qualitative analysis on the PSF portfolio and leads the preparation of regular Board and management reports and specific Board documents.
  • Manages the PSF portfolio database and provides maintenance of data, in coordination with the ICT unit, and supports the development of the portfolio management system of the GCF Secretariat.
     

Engagement

  • Organizes and participates in virtual and in-person meetings with AEs, country representatives, and other partners to provide guidance and feedback on private sector engagement.
  • Coordinates the PSF engagement with the Operations Committee to ensure consistent delivery of the portfolio and supports the PSF engagement with the Climate Investment Committee.
     

Delivery

  • Provides analytical and operational support for the development of private sector entity work programmes, templates, and training or outreach materials working in close collaboration with the Office of the Executive Director and the Division of External Affairs.
  • Supports the development and implementation of the PSF institutional and corporate strategy, working in close collaboration with the Office of the Executive Director and the Division of External Affairs.
     

Required experience and qualifications*

  • Master’s degree in economics, finance, law, international affairs, sustainable development, climate policy, or related fields; a first-level university degree in combination with two additional years of qualifying experience may be accepted in lieu of the advanced university degree.
  • Two years of relevant experience in climate finance, climate change project and policy implementation, including governance matters;
  • Demonstrated ability to understand the nature of GCF investments and the operation of PSF; 
  • Experience in development of investment management platform and associated dashboards; 
  • Strong competency and autonomy in the use of standard software programmes: Excel, Word, PowerPoint, Outlook, and Tableau; 
  • Experience in an international setting, and ability to work independently and take initiative in response to the Fund’s needs; and
  • Excellent written and oral communication skills in English are essential for this position; knowledge of Spanish and/or French could be an advantage.
     

 *The person assessed by the Selection Panel as most suitable for the position will be proposed for appointment. Selection among short-listed candidates will also take into account performance at interview, appropriate testing, and references. Applications from women and nationals of developing countries are strongly encouraged.