Blended Finance Manager - Climate Finance Access Network
Are you an experienced blended and climate finance specialist looking for an exciting opportunity to make an impact in the decisive decade for climate investment?
Climate Finance Access Network (CFAN) Program Overview
The Climate Finance Access Network (CFAN) was established to support developing countries in unlocking access to finance to achieve their climate objectives. By cultivating a network of highly trained climate finance advisors, CFAN builds long-lasting capacity in developing countries to (1) identify the sources and instruments for delivering climate finance, (2) work closely with climate finance providers, and (3) structure financing for mitigation and adaptation investments. CFAN works across developing countries with a focus on Least Developed Countries and Small Island Developing States.
In 2020, the Government of Canada announced a contribution of CAD 9.5 million to establish CFAN. This funding will support CFAN in deploying climate finance advisors in 30 countries by year-end 2021 and scaling up to 50 advisors by 2024. CFAN is currently fundraising for operations through 2024 and beyond. The CFAN Network Coordinator (initially RMI) is responsible for designing and implementing CFAN’s advisor training program, supporting climate finance advisors working in-country, developing long-term country capacity beyond the tenure of CFAN advisors, and facilitating collaboration among CFAN’s institutional members. CFAN’s membership includes over a dozen organizations working to improve climate finance access in developing countries.
CFAN is seeking an experienced Blended and Climate Finance Manager to guide CFAN’s advisor cohorts in designing climate finance projects and proposals, while also working alongside the CFAN Director and Project Director on supporting the expansion of the CFAN network and program. The Blended and Climate Finance Manager will support the Project Director who is the primary point of contact for national Climate Finance Advisors before, during, and following their tenure in-country, and will support the design and facilitation of the advisor training and in-country workshops.
- Advise countries, donors, and project developers on financial structuring of projects (including blended finance, financial mechanisms, and products)
- Lead or support the development and analysis of financial and economic models, and understanding non-financial benefits across different mitigation and adaptation projects and sectors
- Support advisors on funding and structuring climate projects, how to create the partnerships, business models, conduct economic and financial analysis and structures required to secure both funding for project development and for project operation
- Facilitate knowledge and know-how exchanges on financial structuring within and between cohorts of advisers
- Advise on the design and facilitation of financial modules within the advisor training program and delivering online and remote in-country workshops on finance
- Mentor staff at senior associate level and below, developing a cohesive, enthusiastic, supportive, and high-performing team culture
- Represent RMI and the CFAN team to external partners and public audiences at conferences, meetings, and through written materials
- Demonstrate organization-wide leadership jointly with other RMI managers, helping maintain a culture of impact, accountability, and entrepreneurship
- 8+ years of relevant work experience, with firsthand exposure and experience in international development, international development finance and private sector finance
- Undergraduate degree or above in business/finance, economics, international relations, management, or related fields
- Fluency in project finance concepts and practices
- Excellent quantitative/numerical skills with the ability to interpret technical/financial information
- An ability to design, use, and analyze financial and economic models in mitigation and adaptation projects across different sectors
- Additional experience in private capital/equity fund management
- Understanding of how various public and private financing institutions (commercial banks, private equity funds, insurance companies, development finance institutions, multilateral development banks, multilateral climate funds) interact in the context of climate investment, particularly in LDCs and SIDS, preferably in Africa, Caribbean, and the Pacific context
- Ideally demonstrate mitigation and adaptation sectoral expertise in one or more of the following sectors: energy, industry, transport, agriculture, oceans and fisheries, land use, and forestry.
- Previous experience in or with an IFI/MDB/DFI, multilateral organization or bilateral government
- Previous experience of climate finance capacity building in developing countries, including financial management/assessment, project design/structuring, and grant writing highly desirable
- Familiarity with the international climate policy context, particularly global climate negotiations; the evolving agenda of MDBs, DFIs, and climate funds; and the variety of initiatives that exist to support developing countries finance their adaptation and mitigation strategies
- Experience with developing country operating and investment environments – preferably in-country experience with crucial factors driving bankability, financial structuring, and/or advising national governmental stakeholders (e.g., in ministries of finance or equivalent offices responsible for national climate investment agendas) on securing and structuring financing for investment in mitigation or adaptation to achieve climate objectives as well as project risks and risk mitigation strategies
- Familiarity with NDC planning processes
- Experience at the nexus of public policy and private investment in energy and climate finance
- Collegial, mission-driven expert and mentor with well-developed interpersonal skills and a track record of effectively coaching and advising individuals and teams
- Cross-functional team leadership experience
- Proficiency in French, Portuguese, or Spanish a value-add
- Committed to team working with excellent interpersonal and communications skills to interact with internal and external stakeholders at different levels
- Ability to write clear and comprehensive text for internal and external audiences
- Ability to work in a multi-cultural environment and in teams
- Ability to navigate complexity and ambiguity
- Attention to detail and ability to work with tight deadlines in continuously moving environment
- Ability to prioritize appropriately and work with varying degrees of guidance
Salary and benefits
Competitive compensation package:
The starting salary range is USD $112,000 - $121,000. This role has an additional 10% bonus target. Salary is dependent on experience that will be discussed/vetted through the interview process.
RMI offers a comprehensive benefits package including:
- Medical, Dental, Vision Insurance
- 403b Retirement Options (5% match immediately)
- Life, AD&D, Short-Term and Long-Term Disability
- Commuter and Wellness Benefits
- Casual Work Environment
- Appreciation of Work-Life Balance
RMI offers flexible and competitive hybrid and remote work options. You will remain remote through the COVID-19 pandemic. Once the COVID-19 situation improves, it is preferred that you will relocate live near one of RMI’s U.S. locations, with a preference for New York, NY. Support to relocate will be provided to non-US residents.
RMI is an Equal Opportunity Employer
Increasing the diversity of thought, perspectives, ideas and opinions within RMI is a critical change element supporting our long-term sustainability and mission to build a clean, prosperous, and secure energy future for all.
We strive for a level of diversity that reflects the communities we serve. Achieving this—regardless of ability, race, ethnicity, ancestry, age, gender, sexual orientation, religion, veteran status, socioeconomic class, educational attainment or other social identities—is critical to the success of each RMIer and collectively as an organization. This ensures that we:
- Have the different array of thinking that comes from diverse backgrounds and cultures, enabling us to solve some of the world’s greatest challenges.
- Strive for a culture of inclusion and belonging by treating others with dignity, respect and appreciation enabling them to feel welcomed, supported and valued.
- Effectively connect, communicate and build long-lasting relationships with decision makers, stakeholders and constituents within diverse communities.
RMI is an independent nonprofit founded in 1982 that transforms global energy systems through market-driven solutions to align with a 1.5°C future and secure a clean, prosperous, zero-carbon future for all. We work in the world’s most critical geographies and engage businesses, policymakers, communities, and NGOs to identify and scale energy system interventions that will cut greenhouse gas emissions at least 50 percent by 2030. RMI has offices in Basalt and Boulder, Colorado; New York City; Oakland, California; Washington, D.C.; and Beijing.