AN OUTSTANDING OPPORTUNITY TO BE PART OF AN AMBITIOUS CONTRIBUTION TO GLOBAL CLIMATE ACTION IN DEVELOPING COUNTRIES AND TO HELP BUILD LOW-EMISSION AND CLIMATE-RESILIENT SOCIETIES
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.
Since its establishment, the GCF has mobilized 10.3 billion USD, accredited 54 entities to channel its resources and approved 74 funding proposals. In addition, it has built up an extensive program to support developing countries 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. The Fund’s talented staff make unique contributions to the Fund, enriching the institution through their combined expertise and professional commitment.
GCF is looking to expand its team with more highly skilled and adaptable people who are driven by the Fund’s mandate, people who appreciate challenges and know how to deliver and thrive in a fast moving, dynamic environment.
Senior Compliance Officer
The Senior Compliance Officer is responsible for the development and updating of the Fund’s compliance framework to ensure that divisions and offices comply with relevant policies and regulations as related to the operations of the Fund.
S/he will manage and lead the compliance team and provide advice in an effort to manage risk deriving from internal and external sources. The incumbent will rely on monitoring, incident management and setting compliance controls to effectively manage risks. S/he will be responsible for further enhancing controls and procedures to ensure business aligns with standards and best practices. On-going, s/he will raise compliance awareness and culture and be the subject matter expert. The role will work cross-functionally to further promote a culture of compliance within the Fund and will require strategic thinking, effective communications, and ability to work in a fast-paced and multicultural workplace.
- Take overall responsibility for the performance and efficacy of the Compliance function and take decisions and/or recommend to the Head of Office appropriate changes in operations to enhance/maximise results;
- Provide key support to the Head of Office by monitoring the implementation of the Compliance work plan to ensure the delivery of results as planned and according to expectations;
- Assist the Head of Office in planning and allocating resources for the Compliance function to achieve goals and ensure cost effectiveness and appropriate use of resources in accordance with GCF standards;
- Support the Head of Office in the development of the Compliance strategy, frameworks, an annual work plan;
- Review high-level information for reporting to Board Committees such as the Risk Management Committee and Ethics and Audit Committee and assist the Head of the Office in presenting key risk and compliance information to the GCF Board and senior management team;
Policy Development and Oversight
- Review and assess the internal controls and policies developed by the compliance function to ensure the Secretariat complies with the highest standards of Institutional Compliance;
- Oversee the development, implementation and continuous evolution of the Compliance strategy as well as recommend to the Head of Office impactful tactical initiatives for
- raising awareness of the Fund’s core values, ethical standards and expected professional conduct, both internally and externally;
- Oversee the Compliance function’s monitoring of controls and procedures to ensure the business aligns to the Fund’s standards;
- Lead the review of the GCF compliance risk policy and recommend changes to the Head of Office;
- Provide recommendations to the Head of Office on procedures that improve compliance, or effectively manage exceptions, particularly with policies and procedures related to high risk areas and improves corresponding management tools;
- Leads and sets up the organizational tone for compliance;
- Identifies potential areas of compliance vulnerability and risk; develops and implements corrective action plans for resolution of problematic issues and provides guidance on how to avoid or treat similar situations in the future;
- Reviews, provides input and clear compliance mission TORs ensuring that the reports are capturing key issues;
- Maintains an effective compliance program including (i) heightening awareness of standards of conduct and (ii) promoting understanding of new and existing compliance issues and related policies/procedures as an important tool for enhancing the quality of management and ensuring accountability;
- Ensures that oversight findings and root causes of non-compliance are documented, analysed, addressed where possible, and fed into the risk management process;
- Regularly performs Compliance Risk Assessments;
- Collaborate closely with the Senior Ethics Officer/Advisor to ensure that Heads of Divisions carry out Code of Conduct refreshers, while also supporting them to ensure that these values are reflected in daily operations;
- Collaborates with the Head of the Independent Integrity Unit and other functions of the Secretariat as necessary ensuring that mutually agreed coordination and consultation mechanisms are put in place; and
- Undertakes such other related functions as may be assigned by the Head of the Office of Risk Management and Compliance.
We are looking for candidates with relevant Master’s degree in Law, Business Administration, Accounting, Auditing, or other related discipline required, preferably at post-graduate level or its equivalent with a minimum of 15 years of relevant professional experience demonstrating progression of responsibilities of which 3 years should be in managing a team of compliance specialists, preferably in an international organisation, including administrative investigation; financial or performance auditing; economic analysis or other fields that demonstrate application of analytical skills with sound judgment. Candidates should also possess:
- Certification in International Compliance Association (ICA), Association of Certified Anti-Money Laundering Specialists (ACAMS), or similar professional certification such as Certified Fraud Examiner (CFE) is highly desirable; professional qualification as a lawyer or equivalent would be an advantage;
- Proven experience with “Know-Your-Customer,” AML/CFT, anti-corruption and anti-fraud best-practices;
- Exposure to developing and performing Compliance Risk Assessments;
- Strategic vision;
- Knowledge of the use of due-diligence tools is mandatory;
- Know-How of Compliance Management Systems
- Established reputation for integrity, sound judgment, fairness, and discretion;
- Demonstrated teamwork (ability to work with others to achieve more effective results), leadership (apply interpersonal influence to inspire others to move in a meaningful direction with competence and commitment), and conceptualization (developing viable solutions based on an understanding of institutional perspective and needs) skills;
- Strong analytical and legal skills with the ability to interpret complex legal and financial information;
- Strong advocacy and liaison skills, and proven ability to communicate with peers as well as GCF stakeholders;
- Excellent command of the English language, both written and spoken, together with the ability to draft in English to a very high standard; and
- Familiarity with other UN languages is an advantage.
- Ability to work in start-up workplace environment that values creative problem solving, open communication and a flat hierarchy;
- High integrity and ethics in a sensitive work environment;
- Able to make well-reasoned and considered judgement in complex situations;
- Results-oriented and resilient individual who will drive through and implement matters with flexibility and with the ability to work unsupervised outside a standard structure and framework;
- Proactive alertness and vigilance to potential breaches in compliance;
- Strong interpersonal skills with the ability to quickly form working relationships and gain credibility with Staff and Members of the Board;
- Proven communication skills, an effective communicator with the ability to persuade and influence colleagues and be able to deliver goals;
- An effective team player;
- A willingness to adapt and continue learning in a new compliance environment;
- Highly motivated individual who can juggle multiple priorities working within tight deadlines; and
- Committed to the mission of the GCF including its multicultural environment.
- Empowering others
- Managing performance
- Building trust
- Judgement/decision making
*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 of developing countries are strongly encouraged.
Applicants should send their an up-to-date CV and a one-page letter of motivation including copies of the highest diploma/degree, training certificates related to the position, and names and email addresses of 3 professional referees to Ms. Auree de Carbon by email at: email@example.com no later than February 11th 2019 at 17.00 CET. Please indicate in the ‘Subject’ of the email the title ‘application for the post of ‘GCF_ Senior Compliance Officer’.
Only shortlisted candidates will be contacted for an interview.