Senior Energy Specialist

World Bank Group • Washington, DC

1d

About The Position

Do you want to build a career that is truly worthwhile? Working at the World Bank Group provides a unique opportunity for you to help our clients solve their greatest development challenges. The World Bank Group is one of the largest sources of funding and knowledge for developing countries; a unique global partnership of five institutions dedicated to ending extreme poverty, increasing shared prosperity and promoting sustainable development. With 189 member countries and more than 120 offices worldwide, we work with public and private sector partners, investing in groundbreaking projects and using data, research, and technology to develop solutions to the most urgent global challenges. Please visit www.worldbankgroup.org.

Infrastructure Vertical

The WBG Infrastructure Vice Presidency Unit (Infrastructure VPU) provides public and private solutions to operational teams and clients across the WBG to produce scalable impact. Its mandate is to deliver knowledge for impact to support the WBG to achieve its goals in support of our mission and specifically: providing guidance on creating more and better jobs by: (i) supporting foundational infrastructure and human capital, (ii) policy environment, and (iii) enabling and mobilizing private sector capital. With 60 years of experience, the WBG is poised to support the sector becoming an engine of growth and jobs through improving policies and governance, foundational infrastructure and private sector investments. The WBG’s lending in the sector is expected to grow substantially. The Infrastructure VPU’s objectives in driving outcomes include replicating and scaling effective solutions, enhancing thought leadership and innovation, and delivering timely knowledge to client teams. For more information: https://www.worldbank.org/en/topic/infrastructure.

Energy Policy and Regulation Unit (KIEPR)

The Policy and Regulations Unit (KIEPR) in the Energy Departments of the Infrastructure Vertical is responsible for developing enabling policies that draw from top-class knowledge and innovations to shape model policies and improve the business environment in the energy sector. At the global level, KIEPR unit closely works and collaborates with the Solutions and Impact units of the Infrastructure Vertical. In addition, KIEPR staff take the lead on embedding frontier global knowledge and expertise in energy country engagements, including joining teams in lending and analytical operations, providing peer review services and supporting the role of Global Directors in quality enhancement activities for selected strategic operations and analytical tasks.

Requirements

• PhD or master’s degree in economics, finance, business administration, accounting or a related field
• At least 8 years of relevant energy sector experience
• Demonstrated skills in financial modelling and analysis
• Demonstrated ability to develop solutions for utility turnaround, such as financial recovery plans, utility debt restructuring
• Understanding of electricity tariff regulation and other key drivers of utility financial performance experience in economic and financial analysis of energy projects
• A consistent track record of carrying out high quality and timely analytical reports and activities
• Excellent oral and written communication skills, including an ability to communicate complex issues in simple terms and to engage in evidence-based dialogue with regional energy teams and their client counterparts.

Nice To Haves

• Experience in working in Development Finance Institutions is desirable
• Operational experience in designing and implementing World Bank lending operations supporting policy, regulatory, and utility performance reforms (particularly through Development Policy Financing and Program-for-Results operations) is desirable

Responsibilities

• Act as the focal point for the Energy Department for questions involving utility financial analysis and project financial analysis
• Contribute to analytical work, policy dialogue, and lending operations in the energy sector focused on utility and energy sector financial recovery issues, including through cross-support
• Develop KIEPR capacity on utility and energy finance and coordinate and backstop cross-support opportunities for other KIEPR staff in response to requests from country teams
• Lead or contribute to global analytical work focused on utility and energy sector financial performance and recovery
• Contribute to energy sector engagements supporting private sector participation and blended finance solutions
• Lead development and delivery of training initiatives on project and utility finance for clients and Energy Department staff
• Represent the World Bank in meetings with other multilateral organizations and donors and in international fora
• Support senior management by preparing briefs on energy sector financial issues
• Contribute to other global knowledge products produced by KIEPR
• Carry out ad-hoc corporate tasks and corporate reviews as a staff member of the KIEPR.

Benefits

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Ph.D. or professional degree