GCF: Total Rewards Specialist – Incheon

Grade: D
Deadline: 21 June 2026 (11:59 PM KST)

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 As we celebrate 10 years of climate action, our portfolio has grown to over USD 20.1 billion across more than 354 projects in over 130 countries — demonstrating the transformative power of strategic climate finance at scale. 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 unprecedented public and private sector financial flows for climate action we have unparalleled scale and resources. Our risk appetite and flexibility enable us to bring together diverse partners and stakeholders in innovative partnerships for profound impact.

GCF is seeking talented individuals with a commitment to tackling 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 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 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 over 83 nationalities and bringing 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.

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. Over the past decade GCF has funded 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. Beyond channeling public and private sector investment through diverse financing instruments, GCF builds the capacity of developing countries to take climate action through an extensive Readiness Programme equipping countries to increasingly manage their climate futures.

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

Interested in more information?

Learn about working for GCF: https://www.greenclimate.fund/about/careers

View current vacancies: https://jobs.greenclimate.fund/

Position Objective

The Total Rewards Specialist, reporting to the Global HR Centers of Excellences Manager, will play a critical role in designing and implementing frameworks that support the Fund’s strategy for compensation, benefits, recognition and rewards. The Total Rewards Specialist will act as a subject matter expert and primary implementer of the Total Rewards strategy, creating programs that attract, nurture, retain, and motivate a diverse international workforce. This position collaborates closely with HR Business Partners (HRBPs) and operational teams and ensures timely recommendation and advise on competitive compensation practices compliant with the Fund’s Administrative Guidelines on Human Resources and procedures.

• Design and implement global compensation and benefits frameworks that are competitive, equitable, and aligned with the principles of the GCF compensation philosophy.
• Conduct timely and comprehensive market benchmarking and job evaluations to ensure alignment of salary structures and pay with peer comparator organisations.
• Develop integrated recognition, reward and award systems, both monetary (e.g., salary increases and bonuses) and non-monetary recognition programs (e.g., spot awards, team incentives, service awards, peer recognition).
• Lead updates to Total Rewards policies and guidelines in line with best practices, evolving needs of the Fund, modifications to staff regulations and rules, as appropriate.
• Translate the Fund’s compensation philosophy into operational models that support growth, staff engagement, and performance.
• Collaborate with HR Business Partners to ensure total rewards initiatives are seamlessly implemented across the business units and provide clarity and interpretation and application on total rewards – particularly on aspects of compensation and benefits.
• Collaborate with HR Business Partners to gather inputs on business needs and emerging issues to inform reward program design and delivery.
• Liaise with peer organizations, including the International Finance Institutions (IFI) network, and other relevant groups and service providers to stay informed of practices, trends and foster external collaboration in compensation, benefits and rewards. Attend HR networking events — both within the public/development sector and the private sector.
• Contribute to internal communication campaigns and train HR Business Partners on initiatives that promote understanding of rewards and recognition programs.
• Work closely with the other HR Business Partners (HRBP) to ensure that their Business Units (BUs) are compliant with the Fund’s Administrative Guidelines on Human Resources and procedures, as well as to map the needs to input in the Fund’s Total Rewards strategy.
• Lead the implementation of reward programs, including annual salary review (and/or adjustment) cycles, benefits enrollment, and recognition initiatives.
• Support the payroll function by validating salary and benefit inputs, ensuring compliance with internal controls, and directly taking on the role as payroll administrator when required.
• Develop tools, models, and dashboards to analyze compensation data, forecast reward costs, and evaluate program effectiveness.
• Ensure information systems reflect accurate and up-to-date compensation and benefits data in close coordination with HR Business Partners.
• Monitor and assess program performance using defined metrics and recommend adjustments and improvements based on feedback and outcomes.

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

• Master’s degree in Human Resources, Business or Public Administration, or relevant fields. A Bachelor’s degree with additional 2 years of relevant experience may be accepted in lieu of the Master’s degree requirement;
• At least 11 years of relevant work experience in the international setting, with demonstrated professional competence and success in C&B or Rewards management, as well as ability to operate effectively in a fast-changing environment;
• Previous experience in a HR Business Partners model is an asset;
• Excellent written and oral communication skills in English are essential for this position; knowledge of another UN language an advantage.

For details on grade levels, salary scales and benefits, please refer to: https://www.greenclimate.fund/document/staff-regulations

The closing date for application is 21 June 2026. 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.

#LI-KO1