Sustainable Financing Specialist job at World Bank
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Vacancy title:
Sustainable Financing Specialist

[ Type: FULL TIME , Industry: Nonprofit, and NGO , Category: Non-profits, Foundations & Philanthropists ]

Jobs at:

World Bank

Deadline of this Job:
Sunday, February 09 2025 

Duty Station:
Within Tanzania , Dar es Salaam, East Africa

Summary
Date Posted: Monday, February 03 2025, Base Salary: Not Disclosed

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JOB DETAILS:
Duties & Responsibilities will include but not be limited to:
• Work with the regional Climate team on developing new opportunities, managing internal and external stakeholders, investment processing and portfolio management.
• Collaborate in developing client strategies/ engagement plans and pitch books for industry and countries, particularly in Climate and with financial intermediaries;
• Establish and maintain relationships with mid-level clients and other stakeholders (government, development partners, WBG) to explore business opportunities;
• Analyze operational and financial performance as well as credit and integrity risks of potential clients/ projects;
• Perform assessments related to Paris Alignment and Climate Risk in investments;
• Build complex financial models, perform due diligence and financial analysis, and/or provide quality control over financial analysis/ projections developed by analyst to evaluate benefits and risks of transactions;
• Assess and articulate development impact and IFC’s role/ additionality as it relates to climate aspects in transactions;
• Lead climate risk and opportunity assessments for investment transactions incorporating lessons learned from IFC’s earlier investments and portfolio management;
• Coordinate with internal stakeholders (Legal, E&S, sector specialists and Economists) to identify ways to strengthen development impact and financial sustainability of projects;
• Perform credit and risk assessments, financial projections, covenant compliance reviews; impact reporting, and monitor changes to risk flags to determine performance of assigned portfolio with limited supervision;
• Responsible for rating reviews or loan loss reserve on a quarterly basis for the overall assigned portfolio. Run models for equity valuations to determine the need to modify the exit strategy;
• Supervise and ensure quality of portfolio reporting information prepared by junior staff, providing broader industry, sub-sector and country perspective into project risks and issues,
• Engage with mid-level clients of projects to understand their business directions and challenges that may lead to new opportunities, and support design of client engagement plans, as applicable;
• Follow up-with mid and senior level clients to resolve problems on projects.

Selection Criteria
As the role requires sound knowledge of climate finance and its integration with financial institutions. The successful candidate will have;
• Master’s degree in finance, economics or other related areas; accreditation as CFA or CPA is considered equivalent;
• At least at least 5 years of experience with a proven track in climate finance and change, sustainable financing.
• Proven track-record of sourcing, structuring and closing investments preferably both in equity and debt, including Capital Markets, particularly with financial intermediaries; is added advantage
• Sound understanding of financial structures used to finance climate friendly projects as well as how banks, insurance companies, capital markets, and other financial intermediaries typically work in the area of climate friendly financing;
• Extensive knowledge of clean energy and environmental markets in Asia and knowledge of international best practices and global trends in the industry;
• Good understanding of the perspective of the commercial banks, insurance companies and other financial intermediaries, including their business drivers, the scope of their operations, and their interests, so as to be able to successfully engage;
• Expertise/familiarity with metrics and tools for tracking climate investments, including GHG accounting;
• Awareness/familiarity with IFC Climate Definitions, ICMA Principles and Climate Risk;
• Good understanding of IFC’s financial instruments, requirements, main investment agreements/ standard contracts and provisions, all aspects of transactions to provide input for optimal structuring of a prospective opportunity, and internal deal and portfolio processing;
• Understanding of industry drivers, business/ market development cycles, and how business performance and long-term competitiveness/ viability are measured within industry and how industry dynamics may evolve within a country/ region;
• Proven analytical, financial analysis, equity valuation, and financial modelling skills to analyze and form conclusions on company financial information or projects and industry indicators. Able to oversee and provide quality control feedback on financial models prepared by analysts;
• Understanding of credit and non-financial risks associated with straightforward projects and specific aspects of a complex project, and how to satisfactorily mitigate those risks based on understanding of how IFC assesses risk/ reward tradeoffs;
• Capacity to identify barriers for market creation opportunities in a targeted country by tapping into relevant internal expertise and synthesizing information on local regulatory and economic context, industry/ sector and landscape, and constraints clients are facing to grow their business;
• Capacity to build productive and mutually beneficial relationships/ networks internally and externally to identify business opportunities, discuss structuring alternatives, and resolve issues;
• Excellent written, verbal communication and presentation skills to effectively influence the perception/ support of clients/ stakeholders;
• Ability to draft documents and reports that are concise, well-organized, and appropriately focused on most critical points that are relevant to the target audience;
• Ability to share valid opinions and new observations relevant to project outcomes with project lead's in a manner that is concise, cohesive and focused.
• Excellent oral and written presentation skills in English are required.

Work Hours: 8

Experience in Months: 60

Level of Education:
Bachelor Degree

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Job Info
Job Category: NGO - Non Government Organisations jobs in Tanzania
Job Type: Full-time
Deadline of this Job: Sunday, February 09 2025
Duty Station: Dar es Salaam
Posted: 03-02-2025
No of Jobs: 1
Start Publishing: 03-02-2025
Stop Publishing (Put date of 2030): 03-02-2078
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