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IFC - International Finance Corporation · 2 days ago

Senior Industry Specialist - Energy Markets and Regulation - req35035

Washington, DC

Full-time

Onsite

Senior Level, Lead/Staff

12+ years exp

The International Finance Corporation (IFC) is a member of the World Bank Group, focused on private sector development in emerging markets. They are seeking a Senior Industry Specialist to contribute to energy sector strategy, business development, and transaction support, while also mentoring junior staff and maintaining knowledge of energy market trends.

FinanceFinancial ServicesFunding PlatformHedge Funds

Responsibilities

Work closely with interdisciplinary CEMEN teams to i) develop and implement IFC’s strategy and agenda in various energy segments; ii) lead, co-lead or collaborate as team member in certain Global Energy initiatives and contribute to market creation and innovation in the energy sector. This will include leading strategy or sector presentations to diverse internal & external stakeholders and/or leading the development of selected knowledge products for internal or external audiences

Support investment officers, including working with client relationship managers to support client engagement and business development in the energy sector

Assist in reviewing new projects as part of the investment decision process: as member of investment teams for selected transactions, support investment officers, management and the credit department in assessing market-related risks (e.g., regulation, merchant exposure). This includes hiring and managing market consultants where/when needed, recommending market scenarios and interacting with investment teams to provide financial model inputs/assumptions, providing detailed assessment and discussing related investment structuring and/or valuation implications

Support portfolio supervision management, relationship managers and teams when assessing market related aspects, or issues in specific projects

Provide strategic, operational, and analytical support to the CEMEN Manager, and to other senior IFC and World Bank Group executive staff; including taking the lead on developing knowledge products or summaries related to specific market related requests

Maintain a strong grasp of energy sector trends and innovations

Mentor more junior IFC staff on issues related to energy sector markets and regulation

Qualification

Energy sector expertiseRegulatory knowledgeFinancial analysisAnalytic abilityMarket risk assessmentContractual approachesQuantitative skillsProblem-solving skillsCommunication skillsMentoring skills

Required

Master's degree or equivalent in economics, strong quantitative skills including financial analysis, ideally with exposure to economic regulatory theory as it applies to infrastructure regulation

Minimum of 12-15 years of professional experience in the energy sector, with significant exposure to emerging markets and broad expertise across electricity and natural gas markets

Deep knowledge of market and regulatory issues related to electricity generation, transmission, distribution, and supply, with significant expertise in de-regulated markets, including policy, regulation, system planning, or operation

Proven analytic ability in the context of competitive electricity markets, including both bid- and cost-based approaches and spot price projections

Expertise in both price and quality regulation, understanding of key tradeoffs and tariff sustainability

Knowledge of subsidy design approaches and techniques for targeting and emphasizing public funds efficiency

Knowledge of RAB valuation and WACC allowance methodologies is desirable

Knowledge and experience around contractual approaches underpinning private participation in the sector, including full privatization and private participation via concessions, affermage, management contracts or other forms, with preference for detailed knowledge of contracts that require private risk capital to be deployed

Strong analytical and problem-solving skills and sound business judgment to identify issues and present creative and practical solutions

Excellent verbal and written communication skills, with fluency in English; other languages are a plus

Benefits

Retirement plan

Medical, life and disability insurance

Paid leave, including parental leave

Reasonable accommodations for individuals with disabilities

Company

IFC - International Finance Corporation

IFC, a member of the World Bank Group, is the largest global development institution focused exclusively on the private sector in developing countries.

Founded in 1956

Washington, District of Columbia, USA

1001-5000 employees