Associate Professional - Office of Risk Management
Office of Risk Management
Grade IS - 1 Duty station Songdo, Incheon-Korea Contract type 3 years (fixed-term) Number of posts 2 Recruitment type International
Unit, Division/Office Office of Risk Management Closing date 30 April 2017 Reporting to Risk Manager Vacancy code GCF/Recruit/156-157 The Green Climate Fund (“the Fund”) is a new multilateral fund created to make a significant and ambitious contribution to the global efforts towards attaining the goals set by the international community to combat climate change.
The Fund will contribute to the achievement of the ultimate objective of the United Nations Framework Convention on Climate Change (UNFCCC). In the context of sustainable development, the Fund will promote the paradigm shift towards low-emission and climate-resilient development pathways by providing support to developing countries to limit or reduce their greenhouse gas emissions and to adapt to the impacts of climate change, considering the needs of those developing countries particularly vulnerable to the adverse effects of climate change. The Fund will pursue a country-driven approach in its operations.
The Fund is governed by a Board, composed of an equal representation of developed and developing countries; the Board oversees the operation of all relevant components of the Fund. The Fund is serviced by an independent Secretariat, which is accountable to the Board and headed by an Executive Director. The Secretariat, which is accountable to the Board, is responsible for the day-to-day management of the Fund, and is located at the Fund’s headquarters in Songdo, Incheon City, in the Republic of Korea.
The Fund is seeking exceptional persons who will take up the challenge of joining a high-performing organization at the leading edge of the financing of climate action in developing countries.
The Associate Professionals in the Office of Risk Management will be responsible for a range of analytical and operational tasks related to risk management.
Duties and responsibilities
- Provide analytical and operational support for the development of documents which abide by the Fund’s risk appetite, risk guidelines and framework. This may include background research, collecting and analyzing data, conducting specific research and analytical work, drafting written reports; Support Head of Risk Management and Risk Specialists by providing relevant and timely risk information;
- Assist in the monitoring and evaluation of whether the level of risk of GCF is managed within the risk appetite and tolerances set by the Board;
- Deliver support to Specialists and Head of Risk Management by providing initial risk screening and review of project/programme funding proposals and concept notes, interactions with other divisions in the business line in bilateral meetings, preparation of assessment findings;
- Participation in and providing organizational and substantive support for the Fund’s Board meetings, Risk Management Committee meetings and other events/meetings related to the functioning of the Fund. This may include supporting the internal tracking of the document development process, assisting in the preparation of relevant documentation, taking meeting minutes, preparing summaries of discussions for the Report of the Risk Management Committee, and providing support for the drafting of decisions;
- Engagement with diverse stakeholders including the business line within the Fund, Board members and external parties;
- Support any additional analytical and operational tasks as assigned by the Senior Risk Specialist and/or Head of Risk Management.
Expected experience and qualifications
- Master’s degree in economics, finance, sustainable development, climate policy, environmental sciences, social sciences, law, or related fields;
- At least two (2) to four (4) years of relevant work experience;
- Experience in drafting risk assessments, ability to conduct research analysis, articulating findings and recommendations;
- Demonstrated experience in conducting analyses of climate investment is highly desirable;
- Engaged in the development of policies and procedures;
- Experience in climate finance or international negotiations experience is highly desirable;
- Willingness to undertake further professional development in the climate finance sector;
- Experience in supporting high level committees;
- Ability to exercise tact in dealing with the Fund’s stakeholders and maintaining relationships with stakeholders;
- Experience in an international setting, and ability to work independently and take initiative in response to the Fund's needs;
- Excellent business writing and presentation skills;
- Ability to articulate complex issues verbally and in writing in a succinct manner;
- Strong competence and autonomy in the use of standard software programmes: Excel, Word, PowerPoint, and Outlook;
- Fluency in English is essential; knowledge of another United Nations language is an advantage.
- Willingness to undertake occasional international travel
- Planning & organizing
- Client orientationHow to apply
Interested candidates are requested to send their CV and a letter of interest in a single PDF file to: email@example.com
File name: “[last name], [first name]” (e.g. Peterson, Anna)
Subject line: “Associate Professional - Risk”
Applications from women and nationals of developing countries are strongly encouraged.
- Organization: GCF - Green Climate Fund
- Location: Incheon
- Grade: Junior
- Legal - Broad
- Finance and Banking
- Closing Date: 2017-04-30