tendersglobal.net
Working hours (%): 80-100% / 100%
80-100% / 100%
Type of contract: Staff (Permanent and Fixed Term)
Macro-area: Middle East and Northern Africa
Level of experience: Senior Professional, more than 5 years
Area of work Definition: Banking and Finance
Type of organisation: Multilateral Organisations
IFC, a member of the World Bank Group, is the largest global development institution focused exclusively on the private sector in developing countries.
We utilize and leverage our products and servicesas well as products and services of other institutions in the World Bank Groupto provide development solutions customized to meet clients’ needs. We apply our financial resources, technical expertise, global experience, and innovative thinking to help our partners overcome financial, operational, and political challenges.
Clients view IFC as a provider and mobilizer of scarce capital, knowledge, and long-term partnerships that can help address critical constraints in areas such as finance, infrastructure, employee skills, and the regulatory environment.
IFC is also a leading mobilizer of third-party resources for its projects. Our willingness to engage in difficult environments and our leadership in crowding-in private finance enable us to extend our footprint and have a development impact well beyond our direct resources.
For more information, visit www.ifc.org
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IFC a member of the World Bank Group is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities. Our mission is to leverage the power of the private sector to end extreme poverty and boost shared prosperity on a livable planet.
The Global Energy (CEMEN) unit, in collaboration with the regional industry groups, is responsible for IFC’s energy business, including power generation with a focus on renewables, transmission and distribution, and innovative clean energy technologies such as battery storage and green hydrogen.
IFC is recruiting a Senior Industry Specialist to provide technical advice and support to its investment teams. The primary focus of the position will be on the MCT (Middle East, Central Asia & Turkey) region, but it will also support other regions. The position will be based in Dubai, Riyadh or Vienna and will report to IFC’s Global Energy Sector Manager in Washington D.C.
Roles and Responsibilities
• Support IFC’s investment decision making process by leading the technical appraisal of energy investment transactions, with a focus on renewable generation and transmission & distribution projects. Such appraisals can include site visits, hiring and supervision of external consultants , review of major contracts (PPA, EPC, FSA, O&M and concession), assessing / proposing key technical inputs for incorporation in financial models, and preparing reports assessing the technical risk.
• Support portfolio management by monitoring all technical aspects of portfolio energy investments throughout construction and on into operation. This can include field inspections or other measures as necessary to address or resolve specific problems or issues.
• Contribute to sector work (e.g., identifying market trends, developing and implementing sector strategies or initiatives) to respond to business needs and grow the pipeline of projects.
• Maintain and build power sector knowledge and support best practice knowledge sharing.
• Liaise with clients’ technical staff, project engineers and lenders’ engineers.
• Hire and supervise specialized engineering firms as necessary.
Selection Criteria
• Master’s degree in engineering and 15+ years of recent relevant experience in the electric power industry, ideally including extensive experience in the private sector and in emerging markets.
• Successful track record in one or more of the following: energy investment transactions (especially as Lenders’ Technical Advisor); development, construction and operation of generation projects; electric utility management and operations (including power system planning); relevant engineering consulting.
• Knowledge and expertise in renewable energy (especially solar PV and wind), battery storage and T&D. Knowledge and expertise in conventional generation is a plus.
• Significant work experience in the private sector and emerging economies.
• Up-to-date knowledge of capital costs and operating parameters of diverse generation technologies and T&D networks.
• Knowledge of deregulated market operation and tariff calculation is a plus.
• Strong interpersonal skills, ability to interact effectively with clients and colleagues from various cultural backgrounds.
• Excellent verbal and written communication skills in English. Fluency in written and spoken French is a plus.
WBG Culture Attributes:
1. Sense of Urgency – Anticipating and quickly reacting to the needs of internal and external stakeholders.
2. Thoughtful Risk Taking – Taking informed and thoughtful risks and making courageous decisions to push boundaries for greater impact.
3. Empowerment and Accountability – Engaging with others in an empowered and accountable manner for impactful results.
World Bank Group Core Competencies
The World Bank Group offers comprehensive benefits, including a retirement plan; medical, life and disability insurance; and paid leave, including parental leave, as well as reasonable accommodations for individuals with disabilities.
We are proud to be an equal opportunity and inclusive employer with a dedicated and committed workforce, and do not discriminate based on gender, gender identity, religion, race, ethnicity, sexual orientation, or disability.
Learn more about working at the World Bank and IFC, including our values and inspiring stories.
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