What are the responsibilities and job description for the Manager, Sustainable Finance position at Foundation for the Global Compact?
SUMMARY
Reporting to the Senior Manager of Sustainable Finance, and under the guidance of the Head of Sustainable Finance, you will play a pivotal role driving the day-to-day work of the Knowledge workstream. In this role, you will work directly with the Senior Manager to support and execute a cohesive strategy, research, and reporting portfolio.
As Manager, you will also be responsible for the day to day management - launch and implementation - of our blended finance workstream in partnership with our CFO members and broader community. This will include conducting market research on scalable models for blended finance across supply chains, Scope 3, circularity, food systems and more.
CFOs in the Coalition have made a $500B commitment to SDG-aligned financing and investments by the end of 2025. You will drive our benchmarking work, including our annual analysis on corporate finance and investments across the Sustainable Development Goals with our CFO Coalition members. You should have data management knowledge, and a keen interest in analyzing data to generate new insights with the creative vision and knowhow for opportunities to scale this work.
The CFO Coalition for the SDGs is the first UN initiative to engage with Chief Financial Officers (CFOs) worldwide who lead a company’s finance function, shaping portfolio strategies, undertaking major investment and financing decisions, and communicating with key stakeholders. It is a platform where CFOs and other corporate officers can collaborate with peers, investors, financial institutions, NGOs, and UN agencies to develop principles, frameworks, guidance, and recommendations to integrate the 17 Sustainable Development Goals (SDGs) in corporate finance.
The UN Global Compact’s Sustainable Finance team co-creates knowledge, tools and programmes hand-in-hand with finance chiefs and their corporations to create the necessary environment to align private capital with sustainable development. By aligning corporate investments with the SDGs and linking corporate finance to relevant and credible SDG targets we can increase investments in critical areas such as sustainable infrastructure, renewable energy, clean water, health care, food and agriculture, social equality and decent work.
DUTIES AND RESPONSIBILITIES
Knowledge:
- Manage the launch and implementation of the blended finance workstream, building a platform and playbook on investments and financing in circularity, scope 3, and supply chain.
- Support research and analysis to identify where sustainability-linked financial instruments and outcome-based financial products, such as SDG-bonds and blended finance, can continue to gain traction.
- Conduct market landscapes for key issues areas where finance can play a role in advancing progress on sustainable development for programmatic activities, including climate, circularity, food systems, gender equity and good jobs.
Insights and Reporting:
- Manage the insights and reporting workstream and broader data collection and benchmarking for the sustainable finance programme and CFO Coalition.
- Deliver analysis on benchmarking, evaluating individual performance and sector trends and impact on SDG-aligned financing and targets set by the UN Global Compact’s Forward Faster campaign.
- Identify and execute opportunities to expand reporting on SDG-aligned financing through linkages with the other partners.
CORE VALUES:
- Integrity: Demonstrates the values of the United Nations in daily activities and behaviors; acts without consideration of personal gain; resists undue political pressure in decision-making; does not abuse power or authority; stands by decisions that are in the Organization's interest, even if they are unpopular; and takes prompt action in cases of unprofessional or unethical behavior.
- Professionalism: Shows pride in work and in achievements; demonstrates professional competence and mastery of subject matter; is conscientious and efficient in meeting commitments, observing deadlines and achieving results; is motivated by professional rather than personal concerns; shows persistence when faced with difficult problems or challenges; and remains calm in stressful situations.
- Respect for Diversity: Works effectively with people from all backgrounds; treats all people with dignity and respect; treats men and women equally; shows respect for and understanding of diverse points of view and demonstrates this understanding in daily work and decision-making, examines own biases and behaviors to avoid stereotypical responses, and does not discriminate against any individual or group.
EDUCATIONAL AND EXPERIENCE REQUIREMENTS
- Experience: 5-7 years’ professional work experience in corporate finance, corporate strategy, or management consulting.
- Education: An undergraduate degree in relevant subjects such as International Relations, Sustainability/Environmental Sciences, Economics, Finance, Environmental Economics, or Development Economics. Additionally, a postgraduate degree such as an MBA is desired.
- Skills: The candidate should have a proven track record of managing the development of multiple products at the same time, strong leadership skills and project management experience; Ability to adjust and advance our strategy as market conditions change; Experience in environmental markets (carbon, water, biodiversity) or energy transition.
- Language: Proficiency in English is essential (full command of both spoken and written). Knowledge of other UN official languages would be desirable.
BENEFITS
- Retirement Plan – 15% employer contribution after 6 months of services with additional 7.5% matching option
- Salary Range $90,000 - $120,000
- Vacation Days - 30 paid days (6 weeks) per year
- Paid Parental Leave
- Medical /dental/vision employee coverage
RECRUITMENT PROCESS
Please include the following materials in your e-mail submission to hrinquiries@unglobalcompact.org with the subject heading: Manager, Sustainable Finance
1. Cover Letter
2. Resume/CV
Applications will be accepted until 12 December 2024.
Given the anticipated volume of submissions, only highly qualified candidates will be contacted. No phone calls or unsolicited emails outside of the submission process.
Applicants must be authorized to work in the United States. The Foundation for the Global Compact does not sponsor work visas.
The Foundation for the Global Compact is committed to creating a diverse and inclusive environment of mutual respect. The Foundation for the Global Compact recruits and employs staff regardless of gender identity, sexual orientation, race, religious, cultural and ethnic backgrounds or disabilities. Reasonable accommodation for applicants with disabilities may be provided to support participation in the recruitment process when requested.
Job Type: Full-time
Pay: $90,000.00 - $120,000.00 per year
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Health insurance
- Paid time off
Schedule:
- 8 hour shift
Experience:
- Accounting: 1 year (Preferred)
License/Certification:
- CPA (Preferred)
Ability to Commute:
- New York, NY 10017 (Preferred)
Ability to Relocate:
- New York, NY 10017: Relocate before starting work (Required)
Work Location: Hybrid remote in New York, NY 10017
Salary : $90,000 - $120,000