Overview
The Senior Risk Specialist will lead the design, implementation, and continuous improvement of the Fund's Risk Management Framework, serving as the primary authority on risk management for the Secretariat.
Key Responsibilities
- Draft, socialize, and finalize risk-related policies and frameworks, including the Risk Management Framework Policy and Risk Appetite Statement.
- Ensure the Framework is fit-for-purpose for a multilateral climate fund.
- Support the Board and its committees in fulfilling risk oversight responsibilities.
- Coordinate risk reviews and prepare Board-facing materials on risk thresholds.
- Maintain a risk register and lead risk control self-assessments.
- Identify and assess a broad spectrum of risks.
- Evaluate counterparty risk and residual risk exposure.
- Provide timely risk intelligence to senior management and the Board.
- Design and oversee risk mitigation and action plans.
- Advise on the adequacy and sequencing of mitigation measures.
- Embed risk reviews and approval gates into the project cycle.
- Advise the Secretariat on risk-informed design.
- Contribute substantive risk inputs to results frameworks and monitoring and evaluation plans.
- Develop risk metrics and dashboards; produce periodic risk reports.
- Establish and operate early warning and escalation criteria.
- Track risk breaches and corrective actions.
- Engage with stakeholders to maintain situational awareness of the evolving risk landscape.
- Deliver training and guidance to Secretariat staff.
- Convene and facilitate relevant communities of practice.
Required Experience
A minimum of 8 years of relevant professional experience, with a demonstrated track record in developing or implementing risk management frameworks for multilateral organizations, development finance institutions, or international climate funds.
Qualifications
An advanced degree (Master's or equivalent) in risk management, finance, public policy, international development, law, or a closely related field.
