Operational Risk, Control and Excellence Support Consultant

Background

The Green Climate Fund (GCF) is the world’s largest dedicated multilateral climate fund and invests in impactful, innovative, and catalytic programmes and projects in developing countries across the globe. GCF currently has a portfolio of over 290 projects across more than 130 countries, with total commitments exceeding USD 16 billion. In 2023, an additional USD 12.8 billion was pledged to support the Fund’s strategic programming cycle for 2024–2027, with the ambition to grow into a USD 50 billion fund by 2030.

Rooted in the core objectives of impact and efficiency, access and a focus on the most vulnerable, and mobilizing higher scales of public and private sector finance for climate action, GCF leverages its scale, flexibility, and partnerships to achieve transformative results.

The Fund seeks to engage an Operational Control Assistant Consultant to support the Ops Control Manager in implementing the COSO framework. The assignment is for an initial period of 120 days over 6 months with the possibility of renewal.

Role

The Operational Risk, Control and Excellence Support Consultant will support the Ops Control Manager in implementing the COSO framework, with a specific focus on the operational risk assessment component related to the programming operations of the Fund and programming process efficiency.

Duties and Responsibilities:

Implementation of the COSO Framework:

• Assist in the implementation of the COSO framework across the organization to ensure compliance and understanding.
• Collaborate with the Ops Control Manager in the development and update of internal control policies and procedures.
• Facilitate communication between various departments to ensure a unified approach to operations control.

ERM System Implementation:

• Assist in the design and rollout of the Enterprise Risk Management (ERM) system to enhance the organization's operations control capabilities.
• Maintain ERM Phase II.
• Collaborate with cross-functional teams to integrate the ERM system into existing processes, ensuring it aligns with organizational objectives.

Support the PROM (Project Risk and Opportunity Mapping) Project:

• Assist in the planning and execution of the PROM project, ensuring alignment with organizational objectives.
• Track project progress, milestones and deliverables of the PROM initiative.

Training and Capacity Building:

• Develop training materials and conduct training sessions for staff on internal control  and the COSO framework.
• Foster a culture of risk awareness and proactive management within the organization.

Collaboration on Operational Improvements:

• As part of the Efficient GCF initiatives, work closely with operational teams to identify areas for improvement in processes and controls.
• Recommend best practices for operational efficiency and effectiveness. 

Required  Experience and Qualifications

• A bachelor’s degree in Finance, Business Administration, Risk Management, or a related field.
• Proven 2 years of relevant experience
• Familiarity with the COSO framework and risk management principles is preferred.
• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal abilities.
• Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint and Visio).
• Ability to work effectively in a team-oriented and fast-paced environment.
• Excellent English

Application Process

Interested candidates are invited to submit their CV and a cover letter detailing their qualifications and experience relevant to the role. Candidates of all nationalities are welcome to apply. Please indicate your earliest availability to take up the assignment and notice-period required, if employed. The closing date for the application is 14 November 2025, 23:59 (KST). Applications submitted after the closing date will not be considered. In case of any technical issues, please contact : procurement@gcfund.org.