Investment Risk Specialist

The mission of the Office of Risk Management and Compliance (ORMC) led by the Chief Risk and Compliance Officer is to: develop, manage and update comprehensive risk and compliance frameworks, policies and processes; identify, prioritize, monitor and manage actual and potential risks affecting the Green Climate Fund (GCF); and review pipeline and portfolio investments and programs to ensure that they are within the Fund’s risk tolerances,  comply with the Fund’s compliance and risk policies, and achieve optimal risk-reward for the Fund. The ORMC has two Units, the Risk Unit and the Compliance Unit.
The Investment Risk Specialist, reporting to the Risk Manager and working with other Specialists, will be responsible for reviewing funding proposals and post approval amendments and restructuring requests to provide an objective and independent risk assessment and solution oriented advice to management and programing teams. The incumbent will actively engage with other members of the deal team and synthesize her/his risk assessment into the secretariat assessment submitted to the Board. The Specialist will also play an important role in the development and revision of investment risk guidelines and tools.
Create, maintain, and apply, with guidance from the Risk Manager as needed, credit and equity standards, deal acceptance criteria, risk tools and knowledge management products to ensure rigorous assessment of funding proposals and proactive management of portfolio projects
Review and improve investment risk review process for maximum effectiveness and efficiency
Engagement: