Portfolio Management Funded Activities Internship

Green Climate Fund

Seoul, South Korea

The Green Climate Fund (the Fund) is a multilateral fund created to make a significant and ambitious contribution to the global efforts towards attaining the goals set by the international community to combat climate change.  

The Fund will contribute to the achievement of the ultimate objective of the United Nations Framework Convention on Climate Change (UNFCCC). In the context of sustainable development, the Fund will promote the paradigm shift towards low-emission and climate-resilient development pathways by providing support to developing countries to limit or reduce their greenhouse gas emissions and to adapt to the impacts of climate change, taking into account the needs of those developing countries particularly vulnerable to the adverse effects of climate change.  

The Fund is governed by a Board, composed of an equal number of members from developed and developing countries. The Fund is operated by an independent Secretariat headed by an Executive Director. The Fund will pursue a country-driven approach in its operations.  

In the Division of Portfolio Management (DPM) the intern will have the opportunity to contribute to the work of the Portfolio Implementation Monitoring and Management Funded Activities (PIMM FA) workstream. The PIMM ensures efficient and effective implementation of approved GCF projects/programmes by directly liaising with Accredited Entities (AEs).   

The Fund’s intern will be based at the Fund’s headquarters in Songdo, Incheon City, Republic of Korea.  

Internship Assignment :  
  • The intern will provide support to the portfolio performance management functions of the DPM including operational and administrative support for the PIMM FA workstream.  S/he will have the opportunity to learn and expand her/his experiences by providing support to ​the improvement of portfolio performance tracking and management.​ Specifically, under the overall guidance of the Portfolio Management Lead, the intern is expected to support to the PIMM FA work stream to ensure efficient and effective implementation of approved Funded Activities in the Portfolio in the following ways, among others: 
  • Verify and validate portfolio data and reporting requirements for Funded Activities by cross-checking (legal) documents such as Annual Project Reports (APRs), Mid Term Review Reports (IERs), Project Closure Reports (PCRs), Board Decisions, Funded Activity Agreements (FAAs), and Accreditation Master Agreements (AMAs).  
  • Take inventory of terms and conditions of FAAs for Funded Activities under implementation and monitor indicative timelines.  
  • Updating briefs for Funded Activity and portfolio briefs on accredited entities  for funded activities.  
  • Support portfolio management processes such as verification of reflows, support to processing compliance checks for disbursements or support in compiling disbursement projections. All of the previous requires coordinations with AEs and other divisions.  
  • Support the review of reports submitted by AEs to ensure they meet the Fund’s reporting standards. 
  • Assist in drafting memos related to portfolio management activities.   
  • Assist the portfolio implementation and management team on research concerning emerging issues.   
  • Provide general administrative support in collaboration with the Team Assistant when required, including organization of periodic team meetings and notes.  
  • The intern will learn the overall activities of the Division of Portfolio Management (DPM) PIMM FA team, including ways to manage Funded Activities data and evaluate portfolio performance.  
Requirements and qualifications:  
  • Enrolled in Masters’ program in ​Economics, Management, Climate Policy, Environmental Science, Information Science, Development studies,​ or related fields;   
  • Knowledge and experience with ​portfolio monitoring, information management, data analysis, and dashboard​;  
  • Good understanding and experience in operations of intentional organization is an added advantage;  
  • Proficiency in using standard software programs: Tableau, MS Word, Excel, PowerPoint, Outlook, Access and any other data management tools;  
  • 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.