Climate Investment Restructuring Principal - Consultant (Multiple Roles)

The Climate Investment Restructuring Principal is a specialist consultant role focused on diagnosing and restructuring underperforming funded climate projects to ensure they return to plan and deliver committed climate impact results. The consultant leads complex restructuring efforts, coordinating with multiple stakeholders and managing project recovery plans.

Responsibilities

• Undertake the processing of complex Change Requests and/or Restructurings of Funded Activities to resolve implementation challenges and/or include adaptive management measures as required.
• Support Regional Manager in presenting and defending Change Requests and/or Restructurings within internal committees and ultimately to the Board, as appropriate in the case of Major Changes.
• Proactively engage Department’s Team and GCF Management on appropriate corrective measures and approaches to address emerging implementation challenges in Funded Activities.
• Enhance on-site implementation with a view to achieving expected performance and results.
• Lead, coordinate and contribute to updating and improving portfolio management functions, strategies and approaches for improving the performance of projects that are off-track.
• Support in strengthening and standardising restructuring/work-out operating procedures and processes in response to evolving and varied institutional and client needs and contexts.
• Produce restructuring diagnostic and options notes assessing why implementation is off track and recommending remedial options.
• Prepare complete, quality-assured Change Request / Restructuring packages in line with GCF policies and procedures.
• Update project structure and financial analysis including financial structuring, models, instrument terms and risk analysis reflecting the restructured transaction.
• Develop remedial action / recovery plans agreed with Accredited Entities and executing partners specifying corrective measures, responsibilities, timelines and performance triggers.
• Provide amended legal and contractual documentation inputs to legal counsel for amendments to Funded Activity Agreements and related documents.
• Monitor portfolio performance and provide escalation reporting on status of at-risk projects, progress against recovery plans, residual risks, and timely escalation to the Regional Manager.
• Prepare mission and engagement reports and follow-up actions from missions, AE engagements and negotiations.
• Submit end-of-assignment report consolidating cases handled, restructuring outcomes achieved, climate impact results safeguarded or restored, and recommendations for the portfolio.

Requirements

• Master's degree in Finance, Economics, Business Administration, Environmental Management, Development Finance or a related field; or a Bachelor's degree in a relevant discipline with two (2) additional years of relevant experience.
• Minimum seven(7) years of relevant experience in public and/or private sector projects/programmes, investment analysis, climate/development finance, project finance or portfolio management, with a substantial track record as project or transaction lead.
• At least 3 years leading the structuring, execution and restructuring of investment instruments (equity, debt, guarantees, project finance, grants), including complex or blended structures and workouts negotiated in challenging or sensitive contexts.
• Expert analytical, problem-solving and negotiation skills - financial modelling, risk analysis and portfolio diagnostics - with the ability to quality-assure others' work and deliver under pressure.
• Proven leadership of multi-disciplinary teams and multiple concurrent workstreams to deadline without supervision.
• Strong relationship management and interpersonal skills, with the ability to work in a multicultural environment and articulate ideas clearly, in writing and orally, to technical and strategic audiences.
• Knowledge of the operational framework and fiduciary standards of bilateral/multilateral institutions, and unquestionable integrity.
• Fluency in written and spoken English required; another UN language an advantage.
• Experience with DFIs, MDBs, investment funds, climate finance institutions or international bi/multilateral organisations, exposure to climate finance and the Fund's modalities, and experience across more than one developing-country region are all advantages.
• Fluency in English and other languages depending on the Regional Department needs: Africa - North & West: English, French; Africa - East & South: English; Asia-Pacific: English; Eastern Europe, Central Asia and Middle East: English, and either Russian or Arabic; Latin America: English, Spanish; Caribbean: English.

Skills

• Investment Analysis
• Climate Finance
• Project Financing
• Portfolio Management
• Financial Modelling
• Risk Analysis
• Asset Restructuring
• Equity Finance
• Debt Financing
• Guarantees Structuring
• Grant Management
• Financial Workouts
• Negotiation Skills
• Relationship Management
• Fiduciary Standards
• Multilateral Development Banks Governance
• Development Finance Institutions
• Multi-disciplinary Team Leadership
• Public Sector Projects

Languages

English, French, Portuguese, Belgian, Dutch, German, Russian, Arabic, Spanish