Manager, Asset and Liability Management

Grade: C
Deadline: 3 September 2026 (11:59 PM KST)

Introduction

The Green Climate Fund is the world’s largest dedicated multilateral climate fund and invests in impactful, innovative, catalytic programs and projects in developing countries across the globe As we celebrate 10 years of climate action, our portfolio has grown to over USD 20.5 billion across more than 360 projects in over 134 countries — demonstrating the transformative power of strategic climate finance at scale. In 2023, an additional USD 12.8 billion was pledged, to support our new strategic and programming cycle from 2024-2027; our ambition is to grow to become at least 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 unprecedented public and private sector financial flows for climate action we have unparalleled scale and resources. Our risk appetite and flexibility enable us to bring together diverse partners and stakeholders in innovative partnerships for profound impact.

GCF is seeking talented individuals with a commitment to tackling complex global climate change challenges. You will be committed to making a positive, measurable difference through a mission-driven role, and thrive in a fast-paced, diverse environment. You will be a nurturer of people: recognizing and growing the talent around you, exemplifying values of transparency, respect and innovation. You will be committed to learning, knowledge-sharing, convening and communicating with partners to develop and implement climate action initiatives that make a profound difference to people and planet.

You will join a team of talented, committed individuals representing over 83 nationalities and bringing skills and experience from academic, scientific, private, government and nonprofit backgrounds. Together, we work with governments, communities and civil society, technical agencies, and the private sector across the world.

About the Green Climate Fund (GCF)

Set up in 2010 by the 194 countries who are Parties to the United Nations Framework Convention on Climate Change (UNFCCC), GCF takes its responsibility as the world’s largest dedicated multilateral climate fund to heart. Over the past decade GCF has funded transformative climate projects across the developing world, supporting countries in their responses and actions to tackle climate change while fostering sustainable development within their communities.
Our country-driven approach ensures that our actions are tailored to the unique circumstances and national aspirations of each nation we support. Beyond channeling public and private sector investment through diverse financing instruments, GCF builds the capacity of developing countries to take climate action through an extensive Readiness Programme equipping countries to increasingly manage their climate futures.

Headquartered in the Republic of Korea, GCF operates with a diverse and talented workforce of over 300 people.

Interested in more information?
Learn about working for GCF: https://www.greenclimate.fund/about/careers
View current vacancies: https://jobs.greenclimate.fund/

Position Objective
The Manager of Asset and Liability Management will oversee cash flow and liquidity management to ensure adequate funding for operational and strategic needs within established risk limits. This role focuses on optimizing cash management systems, enhancing capital structure efficiency, and mitigating financial risks through proactive market analysis and hedging strategies. The incumbent will supervise the ALM team and report to the Director of Treasury and support the overall treasury strategy by ensuring the Fund’s financial stability and resilience.

• Direct the development and execution of cash flow and liquidity management strategies, ensuring alignment with the Fund’s financial objectives and risk appetite.
• Evaluate and refine cash management processes and systems, driving efficiency across treasury operations to support the GCF’s financial health.
• Lead the identification and deployment of hedging strategies across FX. interest rate and credit exposures, safeguarding against volatility and market fluctuations
• Collaborate with the investment and finance groups to align cash deployment strategies with portfolio requirements and growth objectives, enhancing liquidity support for operations.
• Maintain key relationships with external partners, ensuring robust cash management and access to liquidity while promoting the Fund’s interests.
• Prepare regular balance sheet metrics for senior management team and relevant stakeholders.
• Build a dashboard to monitor financial market developments to optimize hedging strategies for the Asset and Liability portfolio of the Fund.
• Establish regular monitoring of liquidity and cash flow status, reporting to the Director of Treasury and/or the Executive Leadership Team (ELT) on funding adequacy, cash utilization, and risk mitigation efforts.
• Assess and execute deployment strategies for surplus cash to maximize returns, maintaining compliance with internal controls and risk management policies.
• Lead, mentor, and develop ALM staff while promoting a high-performing, collaborative, and client-focused work environment.
• Establish team priorities, allocate resources, monitor performance, and ensure timely delivery of treasury objectives and work programmes.
• Provide technical guidance on Asset and Liability Management
• Contribute to departmental planning, organizational initiatives, and strategic projects impacting Treasury and the broader Office of the Chief Finance and Risk Officer.
• Foster continuous improvement, innovation, knowledge sharing, and strong risk management practices across treasury activities

Requirements (Education, experience, technical competencies required of the job)

• Master’s degree in finance, economics, or a related field; CFA or equivalent qualification is strongly preferred. Bachelor’s Degree with an additional two (2) years of relevant experience may be accepted in lieu of the Master’s degree requirement.
• At least 15 years of experience in asset and liability management, treasury, or financial risk management with a proven track record in liquidity planning and risk mitigation.
• Strong proficiency in financial analysis, hedging techniques, and cash management systems.
• Excellent communication and relationship management skills for both internal and external stakeholders.
• Experience in leading and managing large and diverse teams.
• Ability to exercise a high degree of prudence and diplomacy.
• Possessing excellent and highly effective communication skills.
• Strong problem solving and creative skills as well as the ability to exercise sound judgment and make decisions based on timely and accurate analyses.
• Ability to influence and create buy-in for ideas and initiatives in order to advance goals and strategies.
• Develop vision and implement the strategy for the business area.
• Engages and motivate the team towards continual improvement.
• Excellent written and oral communication skills in English are essential for this position; knowledge of another UN language would be an advantage

For details on grade levels, salary scales and benefits, please refer to: https://www.greenclimate.fund/document/staff-regulations

The closing date for application is 3 September 2026. Applications submitted after the deadline may not be considered.

*The person assessed by the Selection Panel as most suitable for the position will be proposed for appointment. 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 to apply.

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