Deadline: 19 November 2023 (11:59 PM KST)
Job Category: International
Salary: USD 138,750 net (plus attractive benefits, that include the following allowances (as applicable): Relocation, dependency, housing, education assistance and home country travel.
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 216 projects in 129 countries and has committed USD 12.0 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.
The Division of Portfolio Management (DPM) of the GCF Secretariat is organized into three workstreams: Quality assurance & monitoring and evaluation (QAME), Portfolio implementation, monitoring & management (PIMM) and Results & Data management (RDM).
The PIMM workstream plays an important role in ensuring that the portfolio of approved GCF Funded Activities is implemented efficiently and effectively, in accordance with the Fund’s policies as well as per approved terms and conditions in the respective legal agreements. PIMM is also responsible for ensuring adequate and timely reporting and assessment of implementation progress and results from the Funded Activities, as well as for proactively working with different internal and external stakeholders, including GCF interdivisional project teams (IPT), Accredited Entities (AE), Executing Entities (EE), External Fund Agents, National Designated Authorities (NDA)/ Focal Points and others, to resolve implementation challenges which may arise and to also mitigate potential or existing risks.
DPM is seeking an experienced Senior Portfolio Management Specialist to join the PIMM team in charge of undertaking portfolio management activities within the portfolio of Funded Activities which have been handed over to PIMM by the Division of Mitigation & Adaptation or the Division of Private Sector Facility. The person is expected to play an active role in the supervision of an existing group of portfolio management specialists. The Senior Portfolio Management Specialist will also have his/her own portfolio of Funded Activities that have been handed over and require portfolio management activities, as well as require close interaction with stakeholders.
Under the guidance of the Portfolio Management Lead, the Senior Portfolio Management Specialist is expected to make crucial contributions that will lead to an efficient and effective management of Funded Activities. As mentioned, s/he will also be responsible for leading a team of Portfolio Management Specialists and also establish a close collaboration with other Portfolio Management Specialists and Restructuring Specialists, as well as with Sector Specialists, risks and compliance specialists, legal counsel, environmental and social specialists and finance specialists. S/he will also contribute to and lead the establishment, review and refinement of frameworks, procedures, policies, and guidelines relevant to change requests and/or restructurings as may be required. S/he will also contribute to knowledge management products through the development of case studies, documentation of best practices and lessons learnt, including capacity building across the PIMM FA team.
Requirements (Education, experience, technical competencies required of the job)
The closing date for application is 19 November 2023. Applications submitted after the deadline may not be considered.
*The person assessed by the Selection Panel as most suitable for the position will be proposed for appointment. Selection among short-listed candidates will also take into account performance at interview, appropriate testing, and references.
Applications from women and nationals of developing countries are strongly encouraged.