Date: Mar 5, 2021
Location: Korea (KOR), KR
Company: Green Climate FundBackground.
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 Director" id="link" class="link">Executive Director. The Fund will pursue a country-driven approach in its operations.
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 2021 priorities. The consultant will lead operational tasks for the Private Sector Facility – Financial Institutions team. S/he will operationalize 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
Lead FP review for B29 and B30.
- Reviewing FPs, conducting Market Research and Analysis" id="link" class="link">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 B29 - B3040%Lead implementation of projects approved from B27 through B30: 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 effective20%Lead 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.4 Concept Notes reviewed20%Review and provide feedback on private sector-oriented Readiness proposals and review National Adaptation Plans for private sector engagement strategy.5 Readiness Proposals and 3 National Adaptation Plans reviewed 20% Required experience and qualifications
• Master’s Degree, in finance, economics, accounting, climate policy or other relevant subject(s); • Minimum years of work experience: three (3) years in a relevant field; • Climate Finance and emerging markets experience in the financial sector • 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 March 2021. 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.