Manager, Sustainable Finance

Global Green Growth Institute; Brussel Hoofdstad; Sur place; EUR 90 000 - 130 000; Plein temps

Résumé du poste

Global Green Growth Institute (GGGI) is seeking a Facility Manager to lead the Green Coupon Subsidy Facility (GCSF). Based in Luxembourg, you will oversee the facility's strategic, operational and financial management, and serve as the primary interface with the European Commission.

The role requires leadership of cross‑functional teams, oversight of grant commitments and risk management, and regular engagement with EU partners and other stakeholders.

Qualifications

• Advanced university degree in finance, economics, business administration, public policy, international development or another relevant field.
• Preferably 10-12 years of relevant professional experience in capital markets and development finance.
• Experience with European Commission or similar international institutions is desirable.
• Knowledge of green bonds and sustainable finance is strongly preferred.
• Fluency in English; French would be an advantage.

Responsabilités

• Lead overall implementation of the GCSF and ensure delivery per agreements and policies.
• Provide strategic oversight of the facility's transaction pipeline, grant portfolio, and resources.
• Supervise the Facility Management Unit and coordinate with the Transaction Management Unit.
• Maintain risk management, portfolio monitoring, and governance systems.
• Represent GGGI in governance meetings and external forums.

Connaissances

Debt markets

Leadership

Portfolio management

Financial analysis

Stakeholder engagement

Formation

Advanced degree in finance/economics/public policy

Outils

GPF/Grant management tools

Description du poste

The Global Green Growth Institute (GGGI) is implementing the Green Coupon Subsidy Facility (GCSF), Pillar III of the European Union’s Global Green Bond Initiative (GGBI). The Facility is designed to expand access of low- and middle-income countries to international and local green capital markets by lowering the cost of capital associated with eligible green and sustainability bond issuances.

The GCSF provides targeted grant subsidies to eligible sovereign, sub-sovereign and corporate issuers and complements the GGBI Fund and Technical Assistance pillar. GGGI is responsible for the assessment, approval, grant management, monitoring and reporting functions of the Facility, working closely with the European Commission, EU Delegations, the GGBI Fund and Pillar II Implementing Partners.

The Facility is implemented through a Facility Management Unit and a Transaction Management Unit. The Facility Management Unit is responsible for the overall strategic, operational and financial management of the GCSF, including portfolio oversight, governance, legal and contractual matters, grant administration, financial management, results monitoring, audit coordination and Facility-level reporting.

POSITION SUMMARY

The GCSF Facility Manager will lead the implementation of the Green Coupon Subsidy Facility and have overall accountability for its strategic, operational and financial management. The position will lead the GCSF team, oversee the Facility’s transaction pipeline and grant portfolio, and serve as GGGI’s primary operational interface with the European Commission.

Based in Luxembourg, the Facility Manager will work closely with GGGI teams in Sub-Saharan Africa and other eligible regions and with European Commission counterparts in Brussels. The position requires approximately 20% travel to Brussels, as well as periodic travel to GCSF partner countries and other locations as required.

PURPOSE

• Lead overall implementation of the GCSF and ensure delivery in accordance with the Contribution Agreement, approved workplans and applicable GGGI policies and procedures.
• Provide strategic oversight of the Facility’s transaction pipeline, grant portfolio, financial resources and operational priorities.
• Lead the Facility Management Unit and provide overall coordination and oversight of the Transaction Management Unit.
• Ensure effective management of operational, financial, legal, compliance and portfolio risks across the Facility.
• Provide senior oversight of individual transactions and ensure consistent application of GCSF eligibility criteria, subsidy methodology and approval requirements.

ENGAGEMENT

• Serve as GGGI’s primary operational interface with the European Commission and maintain regular engagement with relevant Commission services in Brussels.
• Coordinate closely with EU Delegations, the GGBI Fund, Pillar II Implementing Partners and other development finance partners.
• Engage with sovereign, sub-sovereign and other eligible issuers on strategically or technically complex transactions and grant negotiations.
• Coordinate with GGGI senior management and relevant legal, finance, safeguards, results and technical teams.
• Represent the GCSF in governance meetings, technical discussions, partner engagements and other relevant external forums.

DELIVERY

• Lead preparation and implementation of annual workplans and budgets and oversee the Facility’s transaction pipeline, portfolio, commitments, cash flows and available resources.
• Oversee screening, prioritization and assessment processes and review transaction strategies, Eligibility and Compliance assessments, subsidy recommendations and proposed grant conditions.
• Oversee grant commitments, contracting and disbursements and ensure compliance with applicable financial, legal, reporting and audit requirements.
• Maintain effective Facility-level risk management, portfolio monitoring, results reporting and governance systems, including timely escalation and resolution of material issues.
• Supervise the GCSF team and ensure timely, high-quality delivery of transaction, financial, legal, monitoring and reporting outputs.

REQUIREMENTS (only recruitment purpose)

QUALIFICATIONS

• Advanced university degree in finance, economics, business administration, public policy, international development or another relevant field.
• Preferably 10-12 years of relevant professional experience, including substantial experience in capital markets, development finance, sovereign finance, or international financial institutions.
• Strong experience with debt capital markets, sovereign and/or sub-sovereign financing and emerging-market transactions.
• Demonstrated management experience, including supervision of multidisciplinary and geographically dispersed teams.
• Experience working with the European Commission, EU financial instruments, multilateral development banks or similar international institutions is highly desirable.
• Experience in green bonds, sustainable finance, climate finance or other labelled debt instruments is strongly preferred.
• Professional qualifications in finance, investment, accounting or related disciplines would be an advantage.
• Fluency in English is required. Working knowledge of French would be a strong advantage.

FUNCTIONAL

• Strong knowledge of debt capital markets, fixed-income instruments, sovereign finance, credit analysis and transaction structuring.
• Strong understanding of facility and portfolio management, including grant commitments, liquidity planning, cash-flow management and financial risk.
• Ability to review and challenge complex transaction analysis and provide sound judgement on financial, legal, policy and institutional issues.
• Strong understanding of sustainable-finance standards, green and sustainability bonds, use-of-proceeds frameworks and related market practices.
• Strong leadership and management skills, including ability to set priorities, allocate resources and coordinate multidisciplinary teams.
• Excellent drafting, negotiation and presentation skills, including the ability to communicate complex financial and institutional matters to senior stakeholders.
• Ability to manage multiple complex processes simultaneously and deliver high-quality outputs under demanding timelines.

CORPORATE

• Demonstrates high levels of integrity, accountability and professional judgement.
• Provides clear leadership while fostering collaboration, inclusion and accountability within the team.
• Builds and maintains trusted relationships with governments, international institutions, private-sector partners and senior stakeholders.
• Demonstrates sound stewardship of public and donor resources and a strong understanding of fiduciary responsibility.
• Makes timely and well-reasoned decisions in complex and sensitive situations.
• Works effectively across cultures, institutions and professional disciplines.
• Demonstrates commitment to GGGI’s values and promotes them within and outside the organization.