Вакансія: Financial Instruments Specialist

Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH is seeking for the “Sustainable Finance Unit” in GIZ Energy and Climate Cluster a qualified staff member to fill the position of a:

Financial Instruments Specialist (full-time, Kyiv)

(internal SAP code: Financial Systems and Insurance Specialist)

The Sustainable Finance Unit (SFU) of GIZ’s Energy and Climate Cluster (ECC) in Ukraine supports the implementation work of ECC programs by providing financial expertise (instruments and concepts/approaches) on energy efficiency, renewable energy, just transition, and the climate topics. Additionally, the SFU is responsible for conceptualizing and implementing dedicated (sustainable) finance components of ECC programmes. Another key objective of the SFU is to mobilize private capital for Ukraine’s green recovery (“Build Back Better”). To this end, the SFU develops collaboration models to partner with private and public (development banks and funds) financial institutions to address the short-, medium-, and long-term needs and strategic goals of Ukraine. As the ECC’s Sustainable Finance Knowledge Hub, the SFU analyses and assesses sustainable finance frameworks, methodologies, and instruments globally for its applicability to Ukraine. Lastly, the SFU supports the conceptualization and implementation of a Just Transition Fund to support coal communities in their efforts to phase out coal by 2035.

The SFU is looking for a (sustainable) Finance Specialist for energy and climate topics. In addition, the Specialist should be familiar with financial instruments and approaches of (multilateral) development banks and organizations.

Tasks and responsibilities:

• Advise GIZ programes on financing (green) energy projects (RE, EE, district heating, etc.) and energy infrastructure (grid).
• Support the development of climate and sustainable finance policy frameworks and strategies against the backdrop of Ukraine’s EU Accession & strategic objectives (eg green energy security).
• Design and implement financial support mechanisms for just (energy) transition & climate investments.
• Identify and mobilize funding and (sustainable) finance instruments for target beneficiaries in Ukraine.
• Analyze and assess risk-mitigation instruments (guarantees, insurance, etc.) to mobilize private capital for Ukraine’s green recovery.
• Ensure close and good working relations and regular communication with Ukrainian stakeholders on national, regional, and local level.
• Review, tailor and adapt international frameworks, principles, and market standards, such as TCFD/TNFD recommendations, ISSB standards, EU sustainable finance framework to the Ukrainian context, conditions, and strategic objectives.
• Engage with operational planning, priorities, and activities of the team, in collaboration with Team Leader and other team members.
• Prepare Terms of References (ToRs) for consultancy contracts and research projects and ensure quality and compliance with GIZ rules of services provided by external experts and service providers.
• Provide the professional platform for networking and partnership building with national and international financial institutions, national government, local authorities, NGOs, private sector and international development banks and organizations or projects.
• Provide technical advice to the programs of GIZ UA’s Energy and Climate Cluster as well as team members and partners.

Required qualifications, competences and experience:

• MA/MSc in Economics, Finance and/or Energy Economics.
• At least 4 years of professional experience in the financial industry (energy/project finance), development banks or international cooperation,
• Experience with international Sustainable Finance agendas is an advantage.
• Good knowledge and solid personal network of relevant stakeholders in the field of finance, energy/project finance in the public and private sector.
• Work experience in the international development cooperation sector is an advantage.
• High proficiency in written and spoken Ukrainian and English.
• Profound interest in the field of international cooperation in Ukraine with a focus on energy/climate/sustainable finance.
• High political sensitivity and inter-personal skills, capacity to coordinate and communicate with political actors on different hierarchical levels, ability to manoeuvre activities and mediate interests in a complex political context.
• Proficient use of MS Office Package.

Additional skills:

• Ability to independently organize and manage assigned work and responsibilities.
• Ability to independently prioritize tasks under possible time constraints and workload.
• Pronounced social skills and ability to work well in teams.
• Goal-oriented working style combined with a high level of frustration tolerance.
• Ability to come up with innovative ideas to improve performance and satisfaction.
• Customer and service-oriented attitude.

We offer:

• Official employment.
• Salary fixed in EUR.
• Performance-related bonuses and 13th salary.
• Medical insurance.
• 29 vacation days annually.
• Language classes.
• Hard and soft skills trainings.
• Individual and group psychological support.
• Possible remote and flexible work.
• Meaningful and valuable work, international environment.

Employment conditions

Full-time position with a 40-hour working week. Place of assignment is Kyiv. The assignment starts as soon as possible. The contract duration is until 31.12.2026.

GIZ is an equal opportunity employer and offers an attractive and challenging working environment with opportunities for skill enhancement.

Application

Application comprising of the candidate’s CV and a cover letter in the English language explaining the motivation to apply for the job is to be sent to [email protected] until COB 30 August 2024, Friday.

By sending the application the candidate gives the consent for the personal data processing for recruitment processes solely.

Only shortlisted candidates will be contacted for the next stages of the recruitment process.