Grade: E
Deadline: 26 August 2026 (11:59 PM KST)

Introduction
The Green Climate Fund is the world’s largest dedicated multilateral climate fund and invests in impactful, innovative, catalytic programs and projects in developing countries across the globe. The GCF has a portfolio of 360 projects across 134 countries, with a total commitment of USD 20.5 billion to date.

In 2023, an additional USD 12.8 billion was pledged, to support our new strategic and programming cycle from 2024-2027; our ambition is to grow to become at least a USD 50 billion fund by 2030. Rooted in the core objectives of impact and efficiency, access and a focus on the most vulnerable, and mobilizing a much higher scale of public and private sector financial flows for climate action we have an unparalleled scale of resources, which, together with our risk appetite and flexibility allows us to bring together different partners and stakeholders in innovative partnerships for profound impact. 

GCF is seeking a top-tier individual with a demonstrable track record of harnessing experience, energy and networks to tackle complex global climate change challenges. 

You will be committed to making a positive, measurable difference through a mission-driven role, and thrive in a fast-paced, diverse environment.  

You will be a nurturer of people: recognizing and growing the talent around you, exemplifying values of transparency, respect and innovation.

You will be committed to learning, knowledge-sharing, convening and communicating with partners to work together to ideate, develop and implement climate action initiatives that make a profound difference to people and planet.

You will join a team of talented, committed individuals representing almost 80 nationalities contributing skills and experience from academic, scientific, private, government and nonprofit backgrounds.  Together, we work with governments, communities and civil society, technical agencies, and the private sector across the world.

Interested in more information? 
Learn about working for GCF: https://www.greenclimate.fund/about/careers 
View current vacancies: https://jobs.greenclimate.fund/

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.

Role Summary

  • The Asset and Liability Management Specialist provides specialized analytical support across the Fund's asset and liability management activities, including liquidity management, investment portfolio monitoring, Commitment Authority reporting, foreign exchange risk management, balance sheet analytics, and financial sustainability assessments. The incumbent independently undertakes assigned analyses, forecasting exercises, scenario assessments, and reporting activities to support Treasury decision-making and governance processes. 
  • The position supports the implementation and ongoing operation of approved treasury frameworks, methodologies, and risk management practices by preparing quantitative analyses, monitoring key financial indicators, and maintaining analytical models and reporting tools. The incumbent contributes technical expertise to
  • Treasury initiatives while operating within established policies, methodologies, and governance arrangements. 
  • The role collaborates closely with Treasury Operations, DRMC, Finance, Accounting, Portfolio Management, the Trustee, Accredited Entities, custodians, counterparties, and other stakeholders to support effective balance sheet management and sustainable programming capacity. The incumbent reports to the Manager of Asset and
  • Liability Management and works under the overall guidance of the Director of Treasury

Duties and Responsibilities
Asset and Liability Management

  • Conduct analytical work supporting the implementation and monitoring of the Fund's asset and liability management framework. 
  • Monitor and assess key balance sheet indicators, including liquidity resources, funding requirements, portfolio performance, and liability trends. 
  • Prepare scenario analyses, sensitivity assessments, forecasts, and financial models supporting treasury decision-making and reporting requirements.  
  • Maintain analytical models, databases, assumptions, and monitoring tools used for treasury analysis and reporting.  
  • Prepare analytical inputs and supporting documentation for liquidity adequacy, capital adequacy, Commitment Authority, and financial sustainability assessments.  
  • Contribute technical inputs to periodic reviews of treasury models, methodologies, assumptions, and risk parameters.

Commitment Authority Management

  • Support implementation and monitoring of the Fund's Commitment Authority framework. 
  • Maintain Commitment Authority reporting models, utilization monitoring tools, and forecasting frameworks. 
  • Prepare utilization analyses, forecasts, sensitivity analyses, and supporting management information. 
  • Coordinate with DRMC and relevant stakeholders to provide analytical inputs for management reporting, Board reporting, and quarterly risk dashboard processes. 
  • Support periodic reviews of Commitment Authority assumptions and approved methodology parameters.

Liquidity Management and Cashflow Analytics

  • Prepare and maintain liquidity forecasts covering contributions, disbursements, reflows, investment activities, and other treasury cashflows.
  • Monitor liquidity positions and analyze projected funding requirements under various portfolio and programming scenarios.
  • Conduct quantitative analyses supporting liquidity adequacy assessments and cashflow management planning.
  • Support the development and enhancement of liquidity monitoring frameworks, indicators, and analytical tools.
  • Analyze the relationship between liquidity resources, Commitment Authority utilization, and projected portfolio growth.
  • Prepare analytical reports and recommendations to support prudent liquidity management.

Foreign Exchange Hedging and Treasury Risk Management

  • Support the implementation and ongoing enhancement of the Fund's FX hedging framework for non-USD contributions and other approved treasury exposures.
  • Monitor foreign exchange exposures and prepare analyses of hedge requirements under approved hedging mandates.
  • Support hedge execution activities, hedge monitoring, performance measurement, and hedge effectiveness analysis.
  • Maintain hedge exposure databases, monitoring reports, and treasury risk analytics.
  • Conduct scenario analyses and sensitivity assessments relating to foreign exchange risk and market movements.
  • Support collateral monitoring, counterparty exposure monitoring, and compliance with approved hedge limits and risk parameters.
  • Coordinate with Treasury Operations, Risk Management, Accounting, Trustee, custodians, and counterparties on FX hedging implementation and reporting requirements.
  • Prepare recurring and ad hoc reports on FX hedging activities for management and governance purposes.

Balance Sheet and Portfolio Analytics

  • Conduct analyses relating to portfolio composition, financial instruments, funding sources, and balance sheet performance.
  • Evaluate financial implications of portfolio growth, funding strategies, and evolving programming scenarios.
  • Develop and maintain analytical models supporting treasury portfolio monitoring and risk assessments.
  • Support peer benchmarking and comparative analyses of treasury, balance sheet, liquidity, and risk management practices among multilateral financial institutions and climate finance institutions.
  • Contribute to analytical work supporting treasury strategy development and balance sheet optimization initiatives.

Reporting, Governance, and Risk Management

  • Prepare analytical reports, dashboards, presentations, management briefings, and technical papers.
  • Support preparation of Board documents, RFC materials, management reporting, and governance-related analyses.
  • Ensure integrity, consistency, and quality of Treasury data used for reporting and decision-making.
  • Support treasury-related audit, compliance, governance, and risk management processes.
  • Identify analytical, operational, and financial risks and support the development of mitigation measures.
  • Contribute to strengthening treasury governance, transparency, reporting quality, and internal controls.

Treasury Strategy, Systems and Process Improvement

  • Contribute to Treasury policy development, framework enhancement, and strategic initiatives.
  • Support the development and enhancement of treasury analytical systems, modelling tools, and reporting platforms.
  • Participate in Treasury transformation initiatives, automation projects, and process improvement activities.
  • Identify opportunities to improve analytical methodologies, data quality, reporting efficiency, and treasury operational effectiveness.
  • Support knowledge management, documentation, and capacity-building activities within Treasury.

Requirements
Education

  • Advanced university degree (Master's degree or equivalent) in Finance, Economics, Accounting, Financial Engineering, Business Administration, Treasury Management, or a related field.
  • A Bachelor's degree in a relevant discipline combined with additional two (2) years of relevant professional experience may be accepted in lieu of an advanced degree.

Experience

  • Minimum of eight (8) years of progressively responsible professional experience in treasury, investment management, liquidity management, financial risk management, asset-liability management, or related fields.
  • Experience managing investment portfolios, liquidity resources, or treasury operations within international financial institutions, multilateral development banks, sovereign institutions, central banks, commercial banks, or asset management firms.
  • Demonstrated experience in foreign exchange risk management and hedging programmes.
  • Experience in cashflow forecasting, treasury management systems, financial systems development, ERP integration, or treasury technology implementation.
  • Experience preparing technical analyses, management reports, policy papers, or governance documents for senior management and oversight bodies.

Skills and Competencies

  • Strong analytical, quantitative, and financial modelling capabilities.
  • Sound understanding of fixed income investments, liquidity management, foreign exchange markets, and financial risk management.
  • Knowledge of treasury management systems, cashflow forecasting tools, data analytics, and reporting platforms.
  • Ability to manage complex projects involving multiple stakeholders and cross-functional teams.
  • Excellent written and verbal communication skills in English.
  • High standards of integrity, professionalism, judgement, and collaboration.

For details on grade levels, salary scales and benefits, please refer to: https://www.greenclimate.fund/document/staff-regulations

The closing date for application is 26 August 2026. Applications submitted after the deadline may not be considered.

*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.

At Impactpool we do our best to provide you the most accurate info, but closing dates may be wrong on our site. Please check on the recruiting organization's page for the exact info. Candidates are responsible for complying with deadlines and are encouraged to submit applications well ahead.
Before applying, please make sure that you have read the requirements for the position and that you qualify. Applications from non-qualifying applicants will most likely be discarded by the recruiting manager.