Intern - ​​Operational Risk, Control and Excellence​

Duration: 6 months 
Deadline: 03 January 2026
Starting date: July 2026 
Location: Songdo, Incheon City, Republic of Korea 
Remuneration: US$ 1,600/month

About the Green Climate Fund (GCF)

Set up in 2010 by the 194 countries who are Parties to the United Nations Framework Convention on Climate Change (UNFCCC), GCF takes its responsibility as the world’s largest dedicated multilateral climate fund to heart.  GCF funds transformative climate projects across the developing world, supporting countries in their responses and actions to tackle climate change while fostering sustainable development within their communities. 

Our country-driven approach ensures that our actions are tailored to the unique circumstances and national aspirations of each nation we support. Besides channeling public and private sector investment through a broad range of financing instruments, GCF builds the capacity of developing countries to take climate action through an extensive Readiness Programme ensuring countries are increasingly well-equipped and financed to manage their climate futures.

Headquartered in the Republic of Korea, GCF operates with a diverse and talented workforce of over 300 people.

Department and Team background: Within the Department of Risk Management and Compliance, the Operational Risk Control and Excellence Unit focuses on enhancing the Fund’s non-financial risk management procedures, processes and tools.

Internship Assignment  

The Intern will provide support to key projects and will have the opportunity to learn and expand their experiences in corporate operational risk assessment, process improvement and internal control.

Under the overall guidance of the designated primary and alternate supervisors within the ​Operational Risk, Control and Excellence Unit, ​the Intern is expected to:

• Support the Project Risk and Opportunity Mapping project by ensuring proper coordination of the working group and researching risk management and internal control best practices.
• Support the Risk and Control Self-Assessment and control testing exercise by coordinating workshops and drafting process documentation (walkthrough minutes, flowcharts, standard operating procedures) highlighting risks and internal controls.
• Support processes improvement initiatives
• Contribute to monthly reports by collecting and analyzing data.
• Shadow in meetings with project teams and stakeholders.
• Assist with the management of the Enterprise Risk Management (ERM) system
• Perform other functions, as may be appropriate under the conditions of the internship.

Requirements and qualifications

• Enrolled in Master’s program in ​business, finance, climate change, sustainability​ or related fields;  
• Knowledge and experience with operational risk management, audit, internal control and the COSO framework
• Good understanding and experience in operations of international organization is an added advantage;
• Proficiency in using standard software programs: MS Word, Excel, PowerPoint, Outlook, and Access; Experience with Visio is an advantage
• Excellent writing and presentation skills;
• Fluency in English is essential; knowledge of another United Nations language, in particular French and Spanish, and/or Portuguese is an advantage.  

*The person assessed by the Selection Panel as most suitable for the position will be proposed for appointment. The above criteria should be seen as indicators of the experience and skills that would qualify candidates for consideration. Selection among short-listed candidates will also take into account performance at interview, appropriate testing, and references.  

Applications from women and nationals from developing countries are strongly encouraged.