Economic and Finance Structuring Specialist

Incheon

  • Organization: GCF - Green Climate Fund
  • Location: Incheon
  • Grade: IS-4
  • Occupational Groups:
    • Economics
    • Banking and Finance
  • Closing Date: 2025-07-23

Grade: IS-4
Deadline: 23 July 2025 (11:59 PM KST)
Job Category: International
Salary: USD 129,400 (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. The GCF has a portfolio of 297 projects across 133 countries, with a total commitment of USD 16.6 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.

 

Position Objective

The Economic and Finance Structuring Specialist in the Department of Africa Region will be responsible for:  

  1. Supporting the development of a pipeline of investments in the GCF climate impact areas, ( built environment; energy and industry; wellbeing of people; and land, forests, and ecosystems), by  
    1. Assessing the quality of any macroeconomic data or analysis in Concept Notes, EWP, Funding Proposals and periodic reporting
    2. Assessing the appropriateness of financial instruments proposed  
    3. Providing inputs into the proposed financial structures to ensure that they are fit for purpose
    4. Assessing the proposed economic benefits and confirming that these are aligned with economic theory;  
  2. Supporting ongoing negotiation and restructuring activities of economic and financial substance in legal documents of Funded Activities

 

This position will report to the Regional Director of the Department of the Africa Region.  

 

Purpose 

  • Manage or support, as required, the appraisal of concept notes and funding proposals (financial, instruments and structures,)and negotiation of Funded Activity Agreements;  
  • Provide financial and economic inputs into investment and assessment-related policy documents, appraisal guidance, reports and tools to sustain project/programme, or pipeline relevance to align with the organization mission;
  • Tailor approaches for projects reflecting organizational priorities, resource availability, and responsiveness to changing client needs and operational improvements; and
  • Contribute to the development of sector-specific knowledge products, guidelines, tools, strategies and policies related to financial and economic analysis.

 

Engagement

  • Advise on project review and implementation, including on economic and financial analysis to maximize impact and to uphold project/programme relevance included but not limited to the financial instruments being utilized and provide recommendations on the financial structuring;  
  • Network with clients to build a solid support base for transformational projects sustaining project/programme assessment, development, and evolution; and
  • Coordinate, inform and negotiate with relevant external stakeholders as they access the Fund’s investment resources, maintaining  

 

Delivery

  • Provide technical expertise in the assessment of economic and financial analysis of public sector projects and programmes, in coordination with the private sector facility as required;
  • Optimize approaches and build consistency in project / programme outputs, implementation and assessment while introducing adaptive measures that support project/programme delivery;
  • Facilitate the conception of  tools and processes to evolve project quality and responsiveness of   projects to evolving client needs and contexts; and

 

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

  • Master’s degree in economics, finance, sustainable development, climate policy, environmental sciences, law, or related fields; or a relevant Bachelor’s degree with an additional 2 years of relevant work experience;
  • Minimum nine (9) years of relevant work experience in project management/ project finance with a focus in economic and financial analysis; Multi-sector experience in investments in any one or more the domains: (i) natural resources (ecosystems, land, forests, oceans/fresh water); (ii) well-being of people (livelihoods, food, health and water security); (iii) urban and built environment (urban, cities, resilient and climate adaptive infrastructure); and (iv) energy and industry;
  • Experience in the financial sector is highly desirable;
  • Experience in an international setting, and ability to work independently and take initiative in response to the Fund's needs;
  • Excellent interpersonal skills and ability to interact with a broad range of stakeholders, communicate at various levels and maintain good working relationships;  
  • Excellent business writing and presentation skills;
  • Ability to articulate complex issues verbally and in writing in a concise manner;
  • Strong competence and autonomy in the use of standard software programmes;
  • Solutions driven mindset;
  • Fluency in English is essential; knowledge of another United Nations language is an advantage

     

The closing date for application is 23 July 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.

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Before applying, please make sure that you have read the requirements for the position and that you qualify.
Applications from non-qualifying applicants will most likely be discarded by the recruiting manager.
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