Job Posting Organization: The Global Partnership for Education (GPE) is a unique global partnership and fund dedicated entirely to helping children in lower-income countries access quality education. Established to address the world's learning crisis, GPE collaborates with governments, teachers, civil society, donors, United Nations agencies, development banks, businesses, and private foundations. The organization aims to transform education systems so that every child can have hope, opportunity, and agency. GPE currently supports nearly 90 countries, focusing on the most vulnerable children, including girls and those affected by extreme poverty or conflict. Since its inception in 2002, GPE has enabled 160 million more children to attend school, with a significant portion being girls. GPE is also a major provider of education grants in response to the global COVID-19 pandemic, ensuring that learning continues safely. The organization is headquartered in Washington, D.C., with additional offices in Paris, Nairobi, Brussels, and Chennai, employing around 160 staff members.
Job Overview: The Finance and Risk Analyst position is crucial for supporting the Global Partnership for Education's mission to improve education systems in low- and lower-middle-income countries. The role involves working closely with the Risk and Compliance Team to manage risk, conduct due diligence, and ensure fiduciary oversight of GPE grants. The analyst will report to the Team Lead of the Risk and Compliance Team and will be responsible for developing and implementing risk management frameworks, conducting compliance reviews, and preparing reports for the Board and relevant committees. The position requires a proactive approach to identifying and mitigating risks, as well as collaborating with various stakeholders to ensure effective risk management practices are in place. The analyst will also engage in due diligence processes, evaluating potential partners and ensuring compliance with GPE's standards. This role is essential for maintaining the integrity and effectiveness of GPE's operations, ultimately contributing to the organization's goal of providing quality education to all children.
Duties and Responsibilities:
Risk Management: Support the development and revision of the risk management framework, including risk policy, taxonomy, appetite statement, and performance indicators. Develop and implement risk management processes and tools for identifying, assessing, mitigating, and reporting risks. Monitor and analyze risk mitigation actions and prepare reports for the Board. Conduct compliance reviews to ensure effective risk management practices are followed.
Due Diligence: Liaise with GPE Business Units on due diligence matters, manage research and evaluation of potential partners, and provide recommendations based on integrity issues and risk management measures. Oversee the Know Your Client (KYC) process and perform due diligence reviews to assess potential risks associated with non-sovereign donors.
Fiduciary Oversight: Contribute to updates on misuse of funds and PSEAH to the Board Committee and Leadership Team. Support the accreditation process for new grant agents and provide surge capacity for fiduciary oversight work as needed.
Additional Duties: Perform any other tasks as required to support the Risk and Compliance Team and GPE's mission.
Required Qualifications: Candidates must possess a Bachelor's degree in finance, accounting, economics, risk management, or a related field. A Master's degree or professional risk management or accounting qualification is preferred. Knowledge of risk models and quantification is advantageous. Candidates should demonstrate strong analytical skills, attention to detail, and the ability to work collaboratively in a multicultural environment. Excellent communication skills, both written and verbal, are essential for effectively conveying complex information to diverse audiences.
Educational Background: A Bachelor's degree in finance, accounting, economics, risk management, or a relevant field of study is required. A Master's degree in any of these fields or a professional qualification in risk management (e.g., PRM, IRM) or accounting (e.g., CPA, ACA, ACCA, CIMA, CIPFA) is preferred. Knowledge of risk models and risk quantification is an advantage.
Experience: A minimum of 2 years of relevant experience in finance, risk management, or a related field is required. Candidates with equivalent combinations of education and experience will also be considered. Experience in conducting due diligence, risk assessments, and compliance reviews is highly desirable.
Languages: The mandatory language for this position is English. Proficiency in additional languages is considered a plus, although not explicitly required.
Additional Notes: This position is a term appointment for a duration of 3 years, with the possibility of extension based on business needs. The role is based in Chennai, India, but may require relocation if necessary. The position is part of local recruitment, and the organization offers a comprehensive benefits package, including medical benefits, retirement plans, life and disability insurance, and a generous leave policy. GPE is committed to diversity and inclusion, actively seeking qualified individuals from diverse backgrounds and ensuring a zero-tolerance policy against sexual exploitation, abuse, and harassment.
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