restoration Insurance service company (risco) project directorConservation International

Restoration Insurance Service Company (RISCO) Project Director
Conservation International (CI) has been protecting nature for the benefit of all for over 30 years. Through science, policy, and partnerships, CI is helping build a healthier, more prosperous and more productive planet.
POSITION SUMMARY
Conservation International Foundation (CI) is the proponent of RISCO, a first-of-its-kind sustainable business model for investing in mangrove conservation and restoration, generating revenue from insurance companies that pay to lessen their risk exposure, and from the sale of blue carbon credits. Specifically, RISCO aims to capture the economic value of threatened mangroves upfront (before they are destroyed) through two revenue streams: (1) insurance-related payments for the modeled flood risk reduction benefits of mangroves and (2) blue carbon payments for the validated climate mitigation value of mangroves. More information about the instrument can be found here: https://www.climatefinancelab.org/project/coastal-risk-reduction/
CI aims to develop RISCO pilot projects in two to three different sites over a nineteen months period. Three key phases until anticipated financial closure of the pilot projects will consist of (1) site selection, (2) business case development, including ROI analysis, and (3) pilot structuring/negotiation of transactions.
The RISCO Project Director will be a senior position based at CI's office in Manila, Philippines. The Project Director will work with (1) a Development and Advisory Team which will be responsible for RISCO's overall success and whose members are mostly located at CI's headquarters in the United States and (2) a Pilot Delivery Team which will be responsible for delivering the pilots in the Philippines and other countries and whose members are mostly located in the Philippines.
RESPONSIBILITIES
Lead finalizing pilot selection criteria and selection of pilot projects.
Lead the development of 2-3 RISCO pilots (1-3 in the Philippines, 1-2 possibly in Vietnam or Indonesia). By the end of the project, each pilot should have a business case showing it to be financially viable, and agreements with debt and equity investors.
Lead partnership development with the insurance industry, coastal asset owners, and investors.
Establish modalities for RISCO's insurance revenue stream, work with the insurance industry and insurance modelers as needed and setting up appropriate monitoring systems.
Visit sites and engage with local stakeholders, supporting local CI teams and external partners to create a mangrove conservation and restoration plan for each site, establish conservation agreements with communities and model associated project costs.
Oversee the completion of blue carbon feasibility assessments for each pilot.
Lead transaction structuring arrangements and pay-for-success contract negotiations with insurance companies and blue carbon credit purchasers.
Oversee day-to-day RISCO administration and operations (finance, donor reporting, etc.).
Represent RISCO at workshops and meetings, from local site visits to international conferences.
WORKING CONDITIONS
The Project Director will be expected to coordinate and participate in regular phone calls with the RISCO Development and Advisory Team, based in the US. The position will require travel about 20% of the time - mostly within the Philippines but with some international trips. We are following COVID-19 protocols and work with be conducted partially or entirely remotely when necessary, returning to a typical office environment when feasible.
QUALIFICATIONS
Required
Minimum 10 years of experience in finance, insurance, natural resource management, or other relevant sectors, with at least 5 years' experience in project management.
Proven leadership in the administration of complex projects with skills in strategic planning, management, supervision, and budgeting.
Proven ability to lead multidisciplinary teams.
Excellent skills in intercultural communication and proven experience in facilitating dialogue among diverse project stakeholders such as communities, conservation groups, government, and the private sector.
Track record in negotiating contracts.
Fluency in English and Filipino.
Preferred
Advanced degree in Business (MBA), Economics, Natural Resource Management, or other relevant fields.
Knowledge of conservation issues in Asia-Pacific, and the Philippines in particular.
Knowledge of the insurance industry, in particular innovative insurance mechanisms.
Knowledge of climate finance and policy issues, including carbon markets, and in particular blue (coastal) carbon.
Insurance modeling, geospatial analysis, and site design/ conservation planning skills.
Experience in blended finance transactions.
To apply for this position please submit a resume and cover letter.
Application Deadline: February 19, 2021 (11:49 PM EST)
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Conservation International Values
We expect that all employees will embrace the values of our organization.​
Passion: Inspired by people and by nature, we are urgently compelled to drive change for a sustainable future.
Integrity: We are honest, transparent and accountable for our actions.
Teamwork: We work together as one CI, recognizing that inclusion, collaboration and cooperation are fundamental to achieving a healthy and prosperous world for all.
Respect: We respect each other and work to earn trust, valuing our diversity of cultures, talents, and experiences.
Courage: We pursue our vision, taking bold action, persevering and overcoming challenges.
Optimism: We are optimistic about the capacity of people to be caring, generous and brilliant, and believe that with partners, we can inspire humanity to create a better future.
Equal Opportunity Employer Minorities/Women/Vets/Disabled
Conservation International

Quezon City, Metro Manila
Permanent
Full-time