Duration: 6 months
Starting date: 1 July 2024
Location: Songdo, Incheon City, Republic of Korea
Remuneration: US$ 1,300/month
Introduction
The mission of the Green Climate Fund is to assist developing countries to respond to climate change while bringing prosperity to their people.
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 that 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.
Since its establishment, the GCF has approved 216 projects in 129 countries and has committed USD 12.0 billion in climate finance. In addition, it has built up an extensive program to support developing countries to identify their needs, in particular, those who are most vulnerable to climate change impacts.
The GCF’s diverse workforce is advancing its mission from its headquarters in South Korea. Our talented staff makes unique contributions to the Fund, enriching the institution through their combined expertise and professional commitment.
Internship Assignment
The Intern will provide analytical and operational support to the Office of Institutional Finance. S/he will have the opportunity to learn and expand her/his experiences by assisting in the management of the Green Climate Fund’s (GCF) treasury operations, accounting, and enterprise resource planning activities. The intern may also assist the Deputy CFO with strategic initiatives and analysis.
Under the overall guidance of the designated primary and alternate supervisors within the Office of Institutional Finance, the Intern is expected to:
Assist the Accounting team with year-end financial preparation
Assist the Planning and Analysis team with budget management
Assist the Treasury team with establishing a foreign exchange hedging program
Assist the Treasury team with managing GCF’s liquid asset portfolio
Assist the Enterprise Resource Planning team with launching the Oracle platform and Kyriba Treasury Management platform
Assist the Deputy CFO with strategic initiatives and analysis
Requirements and qualifications
Enrolled in Master’s program in business, finance, climate change, sustainability or related fields;
Knowledge and experience with investments, financial institutions and/or climate change issues.
Good understanding and experience in operations of international organization is an added advantage;
Proficiency in using standard software programs: MS Word, Excel, PowerPoint, Outlook, and Access;
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 person assessed by the Selection Panel as most suitable for the position will be proposed for appointment. The above criteria should be seen as indicators of the experience and skills that would qualify candidates for consideration. Selection among short-listed candidates will also take into account performance at interview, appropriate testing, and references.
Applications from women and nationals from developing countries are strongly encouraged to apply.