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Assistant Financial Institutions Consultant

Korea

  • Organization: GCF - Green Climate Fund
  • Location: Korea
  • Grade: Consultancy - Consultant - Contractors Agreement
  • Occupational Groups:
    • Administrative support
    • Banking and Finance
    • Peace and Development
  • Closing Date: Closed

Assistant Financial Institutions Consultant

Date: Jul 6, 2020

Location: Korea (KOR), KR

Company: Green Climate Fund

Background.

 

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, taking into account the needs of those developing countries particularly vulnerable to the adverse effects of climate change.

The Fund is governed by a Board, composed of an equal number of members from developed and developing countries. The Fund is operated by an independent Secretariat headed by an Executive Director. The Fund will pursue a country-driven approach in its operations.
 

Role 

Under the supervision of the Financial Institutions Manager and overall guidance of the Director of the Private Sector Facility, the Consultant will assist the team in evaluating and supporting the team to implement its 2020 priorities. The consultant will provide operational support to the Private Sector Facility – Financial Institutions team. S/he will support the operationalization of the PSF Strategy, calling for more active pipeline development, enhanced work in conducting secondary due diligence, and supporting efforts to drive strong results for replenishment.

 

Duties and responsibilities

Objectives Deliverables Workload
Support implementation of FP105 BOAD: for FAA effectiveness and first disbursement, by following up with AE, liaising with internal divisions, ensure receipt of all key documents, produce key documents. 1 FAA effective
1st disbursement requested and approved
 
20%
Support FP review for B27 and B28.
-    Reviewing FPs, conducting market research and financial analysis, secondary due diligence. 
-    Preparing presentations and documents for CICs and internal approval process, secretariat assessments.
-    Being a focal point with AEs
-    Supporting structuring and negotiations - drafting term sheets and FAAs
3 FPs reviewed for B26/B27/B28 40%
Support implementation of projects approved at B26 and B27: for FAA effectiveness and first disbursement, by following up with AE, liaising with internal divisions, ensure receipt of all key documents, produce key documents. 1 FAA effective 20%
Support private sector origination efforts: Identify origination opportunities and build strong pipeline for Financial Institutions cluster by reaching out to AEs, performing market research and reviewing concept notes to be developed into full-fledged funding proposals; reviewing Readiness proposals. 2 Concept Notes reviewed
3 Readiness Proposals reviewed
 
20%


Required experience and qualifications
•    Master’s Degree, in finance, economics, accounting, climate policy or other relevant subject(s);
•    Minimum year of work experience: one (1) year in a relevant field;
•    Climate finance and emerging markets experience in the financial sector would be a distinct advantage 
•    Experience in strategy and establishing strong working relationships with internal and external clients;
•    Analytically minded with strong presentation skills;
•    Passion about delivery and focus on results;
•    Ability to embrace fast-paced dynamic environment and adapt to change;
•    Fluency in English is essential; knowledge of another United Nations language is an advantage; and
•    Proficient with Microsoft Office.
 

 

The closing date for application is 21 July 2020.  Applications submitted after the deadline may not be considered. 

Candidates of all nationalities are welcome to apply. However, the compensation and benefits package for this consultancy opportunity will be determined on the basis of a local recruitment.

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

This vacancy is now closed.
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