Overview

The Green Climate Fund (GCF) is seeking a Remote Consultant for Target Model Portfolio Development to support the creation of a strategic asset allocation framework to enhance its climate finance programming. This is a fixed-term consultancy role for up to 4 months.

Key Responsibilities

Develop a Target Model Portfolio Framework aligned with GCF's programming priorities, risk, and financial constraints.
Create Strategic and Tactical Asset Allocation (SAA/TAA) models and design adjustment mechanisms.
Build a portfolio allocation model using tools like Excel, Python, or R, incorporating scenario simulations and an analytics dashboard.
Integrate the developed model into GCF's decision-making processes, including programming cycles and Investment Committee reviews.
Provide recommendations for enhancing data systems and governance structures to support portfolio management.
Deliver final versions of all tools, documentation, and analytical packages, including an inception report, diagnostic report, S/TAA framework, model tool, scenario analysis package, and implementation roadmap.
Present findings and recommendations to GCF senior management and stakeholders.

Requirements

Advanced degree (Master’s or higher) in finance, economics, statistics, data science, or a related field.
Minimum of 15 years of experience in portfolio management, asset allocation, investment strategy, or quantitative modeling.
Proven ability to build, document, and implement allocation and scenario models using Excel, Power BI, Python, R, or similar tools.
Strong analytical skills with experience translating complex data into decision-relevant insights.
Excellent stakeholder engagement, presentation, and report-writing skills.
Familiarity with climate finance, impact metrics, concessional finance, and blended finance portfolios is preferred.

Benefits

Salary is commensurate with experience and qualifications.

Location

Remote (Global), with potential travel to GCF Headquarters in Songdo, South Korea.

How to Apply

Interested candidates should submit:

A current CV detailing relevant experience and expertise.
A brief cover letter outlining motivation and availability.
One example of a relevant portfolio or asset allocation model (or a detailed description if confidential).

Applications of all nationalities are welcome. Candidates should specify their earliest availability and any notice period required.