Office of Risk Management and Compliance Intern

Duration: 12 months (one year), 9 months minimum

Starting date: February/March 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 be based in the ​Office of Risk Management and Compliance​. S/he will have the opportunity to learn and expand her/his knowledge and experiences by assisting in the understanding, review, development and implementation of risk manageme​nt and compliance operations within the GCF. ​

Under the overall guidance of the designated primary and alternate supervisors within the ​Office of Risk Management and Compliance,​ the Intern is expected to:

1. Gain an understanding of the current Risk Management Framework implemented by the Green Climate Fund, including integrity and Anti-money Laundering related risk management

   1. Provide support to the review and revision of the Risk Management Framework, including risk register and risk dashboard and other support activities

      📚 𝗗𝗶𝘀𝗰𝗼𝘃𝗲𝗿 𝗛𝗼𝘄 𝘁𝗼 𝗚𝗲𝘁 𝗮 𝗝𝗼𝗯 𝗶𝗻 𝘁𝗵𝗲 𝗨𝗡 𝗶𝗻 𝟮𝟬𝟮𝟯! 🌍🤝 𝗥𝗲𝗮𝗱 𝗼𝘂𝗿 𝗡𝗘𝗪 𝗥𝗲𝗰𝗿𝘂𝗶𝘁𝗺𝗲𝗻𝘁 𝗚𝘂𝗶𝗱𝗲 𝘁𝗼 𝘁𝗵𝗲 𝗨𝗡 𝟮𝟬𝟮𝟯 𝘄𝗶𝘁𝗵 𝘁𝗲𝘀𝘁 𝘀𝗮𝗺𝗽𝗹𝗲𝘀 𝗳𝗼𝗿 𝗨𝗡𝗛𝗖𝗥, 𝗪𝗙𝗣, 𝗨𝗡𝗜𝗖𝗘𝗙, 𝗨𝗡𝗗𝗦𝗦, 𝗨𝗡𝗙𝗣𝗔, 𝗜𝗢𝗠 𝗮𝗻𝗱 𝗼𝘁𝗵𝗲𝗿𝘀! 🌐

      ⚠️ 𝐂𝐡𝐚𝐧𝐠𝐞 𝐘𝐨𝐮𝐫 𝐋𝐢𝐟𝐞 𝐍𝐨𝐰: 𝐏𝐨𝐰𝐞𝐫𝐟𝐮𝐥 𝐓𝐞𝐜𝐡𝐧𝐢𝐪𝐮𝐞𝐬 𝐡𝐨𝐰 𝐭𝐨 𝐠𝐞𝐭 𝐚 𝐣𝐨𝐛 𝐢𝐧 𝐭𝐡𝐞 𝐔𝐧𝐢𝐭𝐞𝐝 𝐍𝐚𝐭𝐢𝐨𝐧𝐬 𝐍𝐎𝐖!

      1. Conduct research related to risk management and compliance best practices and trends

         1. Such other tasks as may be assigned from time to time.

            Upon hiring, the intern and supervisor will develop an indicative workplan designed to identify the primary activities and goals and objectives of the internship. The intern will be encouraged to identify his or her own goals and objectives so that these can be considered into the workplan.

            Requirements and qualifications

            1. Enrolled in master’s program in ​Economics, Finance, Law, Sustainable Development, Business Management, ​ or related fields.

               1. Knowledge of and experience with ​Climate Finance Concepts is an advantage​

                  1. Good understanding and experience in operations of international organization is an added advantage.

                     1. Proficiency in using standard software programs: MS Word, Excel, PowerPoint, Outlook, and Access.

                        1. Excellent writing and presentation skills.

                           1. Fluency in English is essential; knowledge of another United Nations language is an advantage.

                              Applicants are encouraged to include in their application a statement as to their intended goals and objectives to result from the internship experience.

                              *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.