Director of Strategic Investment Partnerships and Co-Investments – IS 8

Grade: IS-8
Deadline: 12 April 2024 (11:59 PM KST)
Job Category: International
Salary: USD 230,900 (plus attractive benefits, that include the following allowances (as applicable): Relocation, dependency, housing, education assistance and home country travel.

 

Introduction
The Green Climate Fund is the world’s largest dedicated multilateral climate fund and invests in impactful, innovative, catalytic programs and projects in developing countries across the globe. By the end of 2023, GCF had a portfolio of 243 projects in 129 countries, committing a total of USD 13.5 billion to date. 

In 2023, an additional USD 12.8 billion was pledged, to support our new strategic and programming cycle from 2024-2027; our ambition is to grow to become at least a USD 50 billion fund by 2030. Rooted in the core objectives of impact and efficiency, access and a focus on the most vulnerable, and mobilizing a much higher scale of public and private sector financial flows for climate action we have an unparalleled scale of resources, which, together with our risk appetite and flexibility allows us to bring together different partners and stakeholders in innovative partnerships for profound impact. 

GCF is seeking a top-tier individual with a demonstrable track record of harnessing experience, energy and networks to tackle complex global climate change challenges. You will be committed to making a positive, measurable difference through a mission-driven role, and thrive in a fast-paced, diverse environment.  

You will be able to quickly scan and analyze complex, competing issues and lead significant sized teams to find solutions in evolving contexts, across multiple geographic locations. 

 

You will be a nurturer of people: recognizing and growing the talent around you, exemplifying values of transparency, respect and innovation.

 

You will be committed to learning, knowledge-sharing, convening and communicating with partners to work together to ideate, develop and implement climate action initiatives that make a profound difference to people and planet.

 

You will join a team of talented, committed individuals representing almost 80 nationalities contributing skills and experience from academic, scientific, private, government and nonprofit backgrounds.  Together, we work with governments, communities and civil society, technical agencies, and the private sector across the world.

 

Interested in more information? 
Learn about working for GCF: d/about/careers 
View current vacancies: d/

 

About the Green Climate Fund (GCF)
Set up in 2010 by the 194 countries who are Parties to the United Nations Framework Convention on Climate Change (UNFCCC), GCF takes its responsibility as the world’s largest dedicated multilateral climate fund to heart.  GCF funds transformative climate projects across the developing world, supporting countries in their responses and actions to tackle climate change while fostering sustainable development within their communities. 

Our country-driven approach ensures that our actions are tailored to the unique circumstances and national aspirations of each nation we support. Besides channeling public and private sector investment through a broad range of financing instruments, GCF builds the capacity of developing countries to take climate action through an extensive Readiness Programme ensuring countries are increasingly well-equipped and financed to manage their climate futures.

Headquartered in the Republic of Korea, GCF operates with a diverse and talented workforce of over 300 people. 
 

Position Objective
The Director of Strategic Investment Partnerships and Co-Investments leads, under the guidance and oversight of the Chief Investment Officer, the expansion of GCF’s impact through enhanced capital mobilization, syndication of additional resources into GCF’s investments and fostering strategic partnerships to attract co-investors and champion reforms to facilitate more capital into climate investments. S/he works closely with the Directors of the Regional Departments and Private Sector Facility (which are responsible for all stages of programming of public and private sector operations) to lead GCF’s efforts to attract co-investors to invest/syndicate in specific GCF projects and programmes. S/he also works with the Director of Strategy, Policy and Innovation and relevant internal and external stakeholders in the development of innovative financial products that will help mobilize additional capital into GCF’s investments.  

 

Partnerships

• Establishes and strengthens deep relationships with a wide spectrum of co-investors and private and public capital providers, including sovereign wealth funds, commercial banks, institutional investors, multilateral organizations, philanthropies, impact investors and family wealth funds to attract additional capital into GCF’s operations.
• Establishes and strengthens relationships with national and global stakeholders in climate finance such as regulators, standards setters, thought leaders, multinational development banks and other financial bodies to champion reforms to facilitate more capital into climate investments in developing countries through on-going collaboration, complementarity and coherence with the broader climate finance architecture.
• Champions GCF relations with a set of strategic investment partners to foster country-driven, transformational climate investments delivered through the GCF partnership network.
• Positions the Fund as a hub of the climate finance architecture, in support of developing countries’ climate priorities.
• Builds and leads a high-performing team with relevant expertise in a collaborative and results-oriented environment.

 

Strategic 

• Coordinates with GCF’s public and private sector project origination departments to identify co-investment opportunities and attract, develop, structure, and execute co-investments.
• Leads efforts to structure appropriate innovative financial instruments to attract co-investors.
• Works closely with the relevant teams in monitoring and reporting on the mobilization of additional capital for GCF and its climate programs beyond GCF’s direct funding, accelerating climate action in line with GCF strategies and the 50by30 vision.
• Builds and maintains strong relationships with internal and external stakeholders, including investment teams, co-investment partners, and relevant national and global institutions and fosters information sharing across GCF.

 

Expertise 

• Ensures the right expertise combining the strengths and knowledge of different internal and external partners, sharing risks and rewards, and making climate investments more attractive to private and public investors.
• Pursues scalability and replication of climate investments by encouraging wider adoption of successful co-investment models in the broader climate finance architecture expanding climate finance reach to the most vulnerable.
• Champions GCF’s perspectives on reforms to the national and global financial architecture to facilitate more capital into climate investments.

 

Delivery

• Organizational Effectiveness: Improves operational efficiency, measured by process improvements or cost savings.
• Strategy: Achieves key strategic objectives in GCF strategies, including the successful execution of planned initiatives and the deployment of capital according to the 50by30 strategic objectives.
• Innovation: Fosters a culture of innovation within the organization, promoting adaptive strategies to address evolving international development issues.
• Stakeholders: Increases stakeholder satisfaction and engagement, as measured by feedback mechanisms such as surveys, and successful management of change resistance among stakeholders.

 

Requirements (Education, experience, technical competencies required of the job)

• Master’s or higher-level degree in finance, business, economics, or other relevant discipline;
• At least 15 years of relevant experience including at the senior management level working in syndication and/or capital mobilization in major global public or private financial institutions;
• Knowledge of developing country investment environments is essential;
• Familiarity with multilateral financial institutions is an advantage;
• Deep investment and finance experience and strategic skills and gravitas for a high-level representation role;
• Broad knowledge of climate investments and relevant financial instruments, with emphasis in structured finance;
• Proven track record of success in leading and managing large and complex transactions with deep understanding of development or climate finance principles and practices;
• Strong financial modeling and analytical skills;
• Proven track record in leadership positions that include investment partnerships and co-investing in development and/or impact investing settings;
• Demonstrated ability to develop and manage relationships with a diverse range of potential co-investors, global and national stakeholders and partners, government entities, and private businesses;
• Strong interpersonal skills with demonstrated experience in managing autonomous and high performing teams;
• Fluency in both written and spoken English; knowledge of one or more UN languages desirable.

 

Competencies  

• Demonstrates the ability to formulate and articulate a compelling and forward-looking vision, aligning strategies with long-term goals;
• Possesses exceptional communication skills and the ability to persuasively convey ideas, gaining buy-in and inspiring action from others;
• Exhibits tact, discretion, and the ability to navigate complex interpersonal relationships, particularly in high-stakes or politically sensitive situations;
• Encourages and embraces innovation, demonstrating flexibility and adaptability to changing circumstances and emerging trends;
• Leads and develops high-performing teams, fostering a culture of collaboration, innovation, and professional growth;
• Able to develop effective partnerships and engage effectively with various stakeholders, including government bodies, NGOs, and community-based organizations in promoting GCF’s strategy;
• Maintains high ethical standards, ensuring fairness, respect, and integrity;
• Exhibits a strong ability to oversee the implementation and origination of globally dispersed projects.
  

The closing date for application is 12 April 2024. 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 to apply.

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