Operations Control Intern

Duration: 6 months initial, with possibility of extension up to one (1) year
Starting date: February 2025 
Location: Songdo, Incheon City, Republic of Korea 
Remuneration: US$ 1,300/month 

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. The GCF has a portfolio of 286 projects across 133 countries, with a total commitment of USD 15.9 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: https://www.greenclimate.fund/about/careers 
View current vacancies: https://jobs.greenclimate.fund/

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. 
 

Internship Assignment  

This internship aims to offer post-graduate students or recent graduates a meaningful learning experience by supplementing their knowledge with real-world interventions. The Intern will support – with concurrent mentoring – the Operations Control Unit in its current assignment. The Operations Control unit is responsible for the design and implementation of the risk-based internal control framework based on COSO.  The three main projects it currently leads are: 

• PROM (Project Risk and Opportunity Mapping) which aims at harmonizing and improving the Fund’s projects risk assessment.  
• RCSA (Risk and Control Self-Assessment) to support process owners in reviewing and assessing inherent risks and designing adequate control systems. 
• ERM (Enterprise Risk Management) system implementation. An integrated tool to manage organization, project and process risks. 

The Intern will be trained and mentored in risk assessment, process review and internal control. Learning activities include: 

• Support the Project Risk and Opportunity Mapping project by ensuring proper coordination of the working group and researching risk management and internal control best practices 
• Support the Risk and Control Self-Assessment exercise by coordinating workshops and drafting process documentation (walkthrough minutes, flowcharts, standard operating procedures) highlighting risks and internal controls 
• Support the unit monthly report by collecting and analysing data 
• Shadow the Operations Control Manager in meetings with project working groups and stakeholders across the organization 
• Perform other functions, as may be appropriate under the conditions of the internship. 

Requirements and qualifications

• Enrolled and pursuing last year of Master’s or PhD program (or recently graduated) in Business Administration, Economics, Finance, Sustainable Development or related fields;  
• Good understanding and experience in process, risks and controls as well as operations of international organizations is an added advantage; 
• Proficiency in using standard software programs: MS Word, Excel, PowerPoint, Outlook, and Access; Experience with Visio is an advantage 
• Excellent writing and presentation skills; 
• Fluency in English is essential; knowledge of another United Nations language, in particular French and Spanish, and/or Portuguese is an advantage.  
   

The closing date for application is 12 January 2025. 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.