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.
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.
