Climate Investment Restructuring Principal Consultant

Job Posting Organization:
The Green Climate Fund (GCF) is the world's largest dedicated multilateral climate fund, established in 2010 by the 194 countries that are Parties to the United Nations Framework Convention on Climate Change (UNFCCC). The GCF is headquartered in the Republic of Korea and operates with a diverse workforce of over 300 employees. Its mission is to support developing countries in their efforts to combat climate change and foster sustainable development. The GCF has a portfolio of 360 projects across 134 countries, with a total commitment of USD 20.5 billion to date, and aims to grow to at least USD 50 billion by 203

• The organization focuses on mobilizing public and private sector financial flows for climate action, ensuring that its actions are tailored to the unique circumstances of each nation it supports. GCF also builds the capacity of developing countries through its extensive Readiness Programme, ensuring they are equipped to manage their climate futures effectively.

Job Overview:
The Climate Investment Restructuring Principal is a specialist role that focuses on addressing the challenges faced by already-approved Funded Activities whose implementation is off track. The Consultant will lead the analytical, operational, and coordination work necessary to diagnose the reasons for underperformance and to propose restructuring measures, including Change Requests and adaptive management strategies. This role requires a high level of autonomy and the ability to represent GCF with Accredited Entities (AEs) on distressed projects. The Consultant will work closely with various specialists within GCF to design and implement effective remedies for problem projects, ensuring they return to their planned trajectory and deliver the expected climate impact results. The position is expected to contribute significantly to the management of Funded Activities undergoing Change Requests or Restructurings, thereby playing a crucial role in the overall success of GCF's mission.

Duties and Responsibilities:
The Consultant will be responsible for processing complex Change Requests and Restructurings of Funded Activities, addressing implementation challenges, and supporting the Regional Manager in presenting these requests to internal committees and the Board when necessary. The role involves proactive engagement with GCF Management and the Department’s Team to identify and implement corrective measures for emerging challenges. The Consultant will also lead efforts to improve portfolio management functions and strategies, ensuring that projects that are off-track are effectively managed and brought back on course. Specific deliverables include conducting restructuring diagnostics, preparing Change Request packages, updating project structures and financial analyses, developing remedial action plans, providing inputs for legal documentation, and monitoring portfolio performance. The Consultant will also be responsible for producing periodic reports on project status and outcomes, as well as an end-of-assignment report summarizing the cases handled and recommendations for future portfolio management.

Required Qualifications:
Candidates must possess a Master's degree in Finance, Economics, Business Administration, Environmental Management, Development Finance, or a related field. Alternatively, a Bachelor's degree in a relevant discipline with two additional years of relevant experience is acceptable. A minimum of seven years of relevant experience in public and/or private sector projects, investment analysis, climate/development finance, project finance, or portfolio management is required, with a substantial track record as a project or transaction lead. Candidates should have at least three years of experience leading the structuring, execution, and restructuring of investment instruments, including complex or blended structures. Strong analytical, problem-solving, and negotiation skills are essential, along with proven leadership abilities and strong relationship management skills.

Educational Background:
The position requires a Master's degree in a relevant field such as Finance, Economics, Business Administration, Environmental Management, or Development Finance. A Bachelor's degree in a related discipline is acceptable if accompanied by two additional years of relevant experience. This educational background is crucial for understanding the complexities of climate finance and project management.

Experience:
Candidates should have a minimum of seven years of relevant experience in sectors such as public and private projects, investment analysis, climate finance, and portfolio management. This experience should include a substantial track record as a project or transaction lead, with at least three years specifically focused on the structuring, execution, and restructuring of investment instruments. The ability to lead multi-disciplinary teams and manage multiple concurrent workstreams is essential, as is experience in challenging or sensitive contexts.

Languages:
Fluency in written and spoken English is required for this position. Knowledge of another UN language is considered an advantage, particularly for roles that may involve engagement with stakeholders in different regions. Depending on the specific regional department needs, proficiency in languages such as French, Spanish, Portuguese, Russian, or Arabic may also be beneficial.

Additional Notes:
The position is a consultancy role with an initial contract duration of six months, with the possibility of extension based on performance and project needs. Candidates may be considered for remote work or for a position based at the GCF headquarters in Incheon, South Korea. GCF contributes to relocation and housing costs for consultants based in South Korea. The application process encourages submissions from women and nationals of developing countries, and candidates should indicate their preferred regions of support and their availability for remote or on-site work. The closing date for applications is 18 October 2026, at 23:59 KST.