Portfolio Management - Readiness Intern

Duration: 6 months 

Starting date: 03 July 2023 

Location: Songdo, Incheon City, Republic of Korea 

Remuneration: US$ 1,300/month 

Introduction
The mission of the Green Climate Fund is to assist developing countries to respond to climate change while bringing prosperity to their people. 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 190 projects in 123 countries and has committed USD 10 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.
 

Background 

The Division of Portfolio Management (DPM) within the Green Climate Fund is currently seeking an intern for a duration of 6 months to support the portfolio performance management functions of the DPM. Of the three workstreams within the DPM, the intern will have the opportunity to contribute to the work the Portfolio Implementation Monitoring and Management (PIMM) workstream. The PIMM ensures efficient and effective implementation of approved GCF projects/programmes by directly liaising with Accredited Entities (AEs).  

The intern will be based at the Fund’s headquarters in Songdo, Incheon City, Republic of Korea. 

Internship Assignment  

The intern will provide support to the portfolio performance management functions of the Division of Portfolio Management (DPM) including operational and administrative support for the PIMM Readiness workstream. S/he will have the opportunity to learn and expand her/his experiences by providing support to ​ the improvement of portfolio performance tracking, disbursement, and adaptive management.​ Specifically, under the overall guidance of the Senior Portfolio Manager, the intern is expected to provide support to PIMM Readiness Team to ensure efficient and effective implementation of approved Readiness Grant Portfolio in the following ways: 

1. Conduct review of interim progress reports (IPRs), completion reports (CRs), no-cost extensions, budget reallocations, and disbursement  requests within PIMM. 

2. Sending notification emails to Delivery Partners and NDAs on submission of overdue reports.  

3. Coordinate with other divisions to facilitate disbursements, extension requests and updating disbursement schedules on Fluxx. 

4.  Support the readiness team in drafting disbursement, extension memos, and other portfolio management related documents. 

5. Support the Readiness team in conducting portfolio assessments  and preparation of briefs, reports, and presentation slides for the Readiness grants. 

6. Prepare a final report to document and reflect on the work to be done and the knowledge and skills to be gained through the internship experience. 

Requirements and qualifications 

1. Enrolled in Masters’ program in ​Economics, Management, Climate Policy, Environmental Science, Information Science, Development studies,​ or related fields.  

2. Knowledge and experience with ​portfolio monitoring, information management, data analysis, and dashboard systems.​ 

3. Good understanding and experience in international organizations operations is an added advantage. 

4. Proficiency in using standard software programs: MS Word, Excel, PowerPoint, Tableau, Fluxx, Asana, Outlook, Access, and any other data management tools. 

5. Excellent writing and presentation skills. 

6. Fluency in English is essential; knowledge of another United Nations language, in particular French and Spanish, Arabic, 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 consider performance at interview, appropriate testing, and references.  

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