of
and Compliance September 2022
Head Risk Management
The mission of the Green Climate Fund is to assist developing countries to respond to climate change while bringing prosperity to their peoples. Established in 2010, the GCF invests in transformational climate projects in the developing world. The Fund makes an ambitious contribution to global climate action and channels significant financial resources into developing countries to help build low-emission and climate-resilient societies. It is country-driven and undertakes actions which reflect the circumstances of each country concerned and its national aspirations. The GCF is a key enabler of the 2015 Paris Agreement on Climate Change. We are looking to expand our team with more highly skilled and adaptable people who are driven by our mandate, people who appreciate challenges and know how to deliver and thrive in a fast moving, dynamic environment.
About ClimateGreenFund 2 GREEN CLIMATE FUND - HEAD OF RISK MANAGEMENT AND COMPLIANCE
VCOUROREALUES
We are committed to working climate change, both through our funded activities and the sustainability of our operations. We strive to be leaders in the field of climate finance, take risks where we see opportunities to unlock impact, and constantly explore better ways to do things and build knowledge. We work in collaboration with all our stakeholders and each other, to understand what is needed, build and implement solutions, and communicate what is happening. We value the strength in diversity, feel empowered to present a view and speak up when something is wrong, and treat each other with fairness and equity. We are trusted to serve the best interests of developing countries with the diligence expected by our contributors, and strive for the highest standards of integrity, accountability and transparency.
COMMITTE D TO CLIM AT E ACTIO N INN OVATI V E R E S P ONSIV E RESP ECTFU L TRUST E D 3 GREEN CLIMATE FUND - HEAD OF RISK MANAGEMENT AND COMPLIANCE
GCF encourages gender equality and inclusivity. Equality of opportunity and inclusiveness is fundamental to the vision and values of the Fund. The Fund will, in a nondiscriminatory manner, take proactive measures and informed decisions to further these goals.
GCF will not discriminate between candidates on the basis of sex, age, race, colour, nationality, ethnicity, creed, different abilities, sexual orientation, gender identity and/ or expression, marital or civil partnership status, parental status, religion, belief or non-belief, social or economic class, health status (including HIV/AIDS) or any other criteria that cannot be shown to be properly justifiable.
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GREEN CLIMATE FUND - HEAD OF RISK MANAGEMENT AND COMPLIANCE
Diversity Inclusionand
Position: Head of Risk Management and Compliance Location of Position: Songdo, Incheon City, Republic of Korea Salary: Attractive salary and Benefits package The Role The Head of Risk Management and Compliance is responsible for leading the Office of Risk Management and Compliance (ORMC) in: • Its development and management of comprehensive risk, compliance and sustainability frameworks, policies and processes; • Its identifying and addressing actual and potential risks affecting GCF; and • Its review of proposed and actual GCF investments to ensure that they are within the Fund’s risk tolerances and comply with the Fund’s compliance and sustainability policies • Effective budgeting, deployment and management of the Fund’s resources towards attainment of the Fund’s objectives. Job Summary
Duties and Responsibilities
ENGAGEMENT
• Lead and coordinate ORMC’s review of proposed and actual GCF investments to ensure that they are within the Fund’s risk tolerances and comply with the Fund’s compliance and sustainability policies.
• Advise the SMT and GCF board on current and emerging risks across all areas of the Fund’s work in order to collaboratively develop and implement organization-wide strategies.
DELIVERY
• Oversee the people management processes in line with the Fund’s policies and expected standards.
GREEN CLIMATE FUND - HEAD OF RISK MANAGEMENT AND COMPLIANCE
• Lead Risk, Compliance and Sustainability teams to support GCF’s operations by developing and managing frameworks, policies and processes that meet international best practices in their own fields whilst providing GCF with clear and coherent protection against actual and potential risks.
PURPOSE
• Represent the areas of Risk, Compliance and Sustainability to internal and external stakeholders in order to build GCF’s reputation as a dependable organization capable of assessing and managing risk.
• Model and champion the GCF core values and appropriate work culture by creating an environment where people are properly engaged, valued, managed and supported to contribute to the Fund’s mission.
• Lead development and implementation of risk, compliance and sustainability frameworks, policies and processes.
• Identify risks as they are emerging and ensure that teams in ORMC and elsewhere in the Secretariat are enabled to address them.
• Delegates the appropriate responsibility, accountability and decision-making authority.
Candidate Profile REQUIREMENTS (EDUCATION, EXPERIENCE, TECHNICAL COMPENTENCIES)
• Master’s or higher-level degree with relevant professional qualifications;
• Relevant experience in climate finance, compliance management, and/or sustainability in multilateral funds, International Financial Institutions or Multilateral Development Banks
• Gives proper credit to others.
• Accurately judges the amount of time and resources needed to accomplish a task and matches task to skills.
• Experience working in a fast-paced environment
• Monitors progress against milestones and deadlines.
• Checks assumptions against facts.
• Regularly discusses performance and provides feedback and coaching to staff.
• Follows through on agreed upon actions.
• Gathers relevant information before making a decision.
• Shows appreciation and rewards achievement and effort.
• Proposes a course of action or makes a recommendation based on all available information.
• Provides an environment in which others can talk and act without fear or repercussion.
GREEN CLIMATE FUND - HEAD OF RISK MANAGEMENT AND COMPLIANCE7
• Establishes and maintains relationships with a broad range of people to understand needs and gain support.
• Involves others when making decisions that affect them.
THE FOLLOWING MANAGERIAL COMPETENCIES ARE REQUIRED FOR SUCCESS IN THIS LEADERSHIPPOSITION:
MANAGING PERFORMANCE
• 15 years or more experience relevant experience in managing risk, compliance, environmental sustainability, audit, etc. at least seven (7) years should be in Senior Management position with functional/divisional oversight.
• Anticipates and resolves conflicts by pursuing mutually agreeable solutions.
• Fluent written and oral communication skills in English are essential for this position; knowledge of another UN language an advantage.
• Delegates responsibility, clarifies expectations and gives staff autonomy in important areas of their work.
• Genuinely values all staff members’ input and expertise.
• Appraises performance fairly BUILDING TRUST
• Actively supports the development and career aspirations of staff.
• Manages in a deliberate and predictable way.
• Operates with transparency, has no hidden agenda.
• Treats sensitive or confidential information appropriately.
• Places confidence in colleagues, staff members and clients.
JUDGEMENT / DECISION MAKING
• Identifies the key issues in a complex situation, and comes to the heart of the problem quickly.
• Determines that the actions proposed will satisfy the expressed and underlying needs for the decision.
• Makes tough decisions when necessary
• Shows the courage to take unpopular stands.
• Encourages others to set challenging goals.
• Empowers others to translate vision into results.
• Track record and experience in managing people and teams including managing performance and accountability for work and behaviors
• Serves as a role model that other people want to follow.
• Is proactive in developing strategies to accomplish objectives.
• An understanding of the UNFCCC framework, is an advantage;
EMPOWERING OTHERS
• Holds others accountable for achieving results related to their area of responsibility.
• Considers positive and negative impact on others and on the Fund.
• Makes sure that roles, responsibilities and reporting lines are clear to each staff member.
• Encourages risk-taking and supports staff when they make mistakes.
• Drives for change and improvement, does not accept the status quo.
All candidates will receive an update regarding their application after the closing date. We advise candidates to add the role email to their safe senders list and regularly check their spam folder.
Equality Statement Equality and diversity are at the core of GCF’s values. Staff are expected to work collectively and individually to promote a constructive and sensitive approach to others from a variety of backgrounds, where the work of others is valued and respected. Queries If you have any queries on any aspect of the appointment process, need additional information, or would like to have an informal discussion, please email at gcf-head-of-risk-mngt@oxfordhr.co.uk in the first instance.
How to
Apply GREEN CLIMATE FUND - HEAD OF RISK MANAGEMENT AND COMPLIANCE
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All correspondence, at this stage, should be via Oxford HR. To apply for this post, click on the “Apply” button on the job advert page, complete our online application form, and submit your CV and cover letter. Please provide a CV and cover letter in two different documents. The cover letter should be no more than two pages long and explain why you are interested in this post and how your skills and experience make you a good fit. The document should be saved as pdfs in the following format: Your First Name-Your Last Name-Document Name-Date (mmyyyy) e.g., Malika Cook CV082022GreenClimateFund. Timeline Closing date: 14th October 2022 Interviews: TBC Selection process
Oxford HR operates globally - mainly within the international development and charity sectors. We carry out retained executive search mandates at board and senior management levels. We also offer human resource and organisational development consultancy.
About
GREEN CLIMATE FUND - HEAD OF RISK MANAGEMENT AND COMPLIANCE
Oxford HR has many years of experience in search as well as an extensive network of international development, social sector, corporate, public sector, and academic contacts from across the world. We carry out comprehensive and often international searches designed to meet the specific needs of our client. Oxford HR
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