Renewable Energy Project Finance and Credit Risk Expert

Renewable Energy Project Finance And Credit Risk Expert

ProSidian seeks a Project Finance and Credit Risk Expert to support an engagement for Millennium Foundation of Kosovo ("MFK") funded by The United States of America through The Millennium Challenge Corporation ("MCC"). MCC is an innovative and independent U.S. foreign assistance agency that is helping lead the fight against global poverty. MCC forms partnerships with developing countries that are committed to good governance, economic freedom and investing in their citizens. MCC is a prime example of smart U.S. Government assistance in action, benefiting both developing countries and the American taxpayers.

The central goal of this procurement activity is for MFK to conduct a series of capacity building activities to build the institutional and technical capacities of the Kosovo Credit Guarantee Fund (KCGF), its partner financial institutions, and key public and private sector key stakeholders so that KCGF can launch and implement a renewable energy guarantee window to support its partner financial institutions on a sustainable cost-recovery basis.

MFK is seeking the professional services of program management to represent and support the overall implementation and management of the Renewable Energy Facilitation activities under the Kosovo Threshold Program during the implementation period. The Kosovo Threshold Program addresses two key constraints to Kosovo's economic growth: an unreliable supply of electricity; and real and perceived weakness in rule of law, government accountability and transparency.

Activities will generally fall under six main categories of services: 1) General program management, 2) Detailed Design and assistance in the development of necessary procurement tender documents, 3) Assistance with required procurements, 4) Oversight of all activities and tracking program deliverables and disbursements, 5) Donor outreach and capital raising activities assisting MFK and on behalf of key parties designated by MFK, 6) Program close-out support

This is a Contract Contingent position responsible for supporting project financing, energy financing, credit risk assessment, and finance transaction components of PMC services under the direction of the Program Manager.

Job Requirements:

• Demonstrable track record in project finance, development finance, credit risk, guarantee facilities, and mechanisms of catalyzing commercial lending or financing projects of similar size and scope.
• Oversee training to KCGF management and staff in project finance, energy finance and risk assessment and management of project finance transactions
• Manage Technical Assistance (TA) for the development of projections, risk model, and fee determination associated with the RE IPP Guarantee Window
• Aid MFK, KCGF, and KCGF's partner financial institutions in identifying key differences between international project financing standards and national regulations by RE technology to develop recommendations for resolving differences
• Develop TA for KCGF's capacity in project and energy finance to establish a RE IPP Guarantee Window that will perform sustainably after MFK funding is completed
• Assist MFK, KCGF, and KCGF's partner financial institutions' documentation and approval process for non-recourse project financing to identify key bottlenecks and documentation challenges
• Oversee training (if procured by MFK) for IPP developers, banks, KCGF, and local consultants on the use of the template documents and spreadsheets
• Support MFK, KCGF, and KCGF's partner financial institutions (if needed) in facilitating the development of a pipeline of bankable RE IPP transactions in the standardized format for submission to the partner banks
• Aid MFK in establishing an Advisory Committee consisting of key renewable energy stakeholders including government regulators, commercial banks, and RE IPP developers to develop the standardized framework for renewable energy project financing
• Willingness to travel regularly and work periodically in Pristina, Kosovo is required

Key Qualifications: In order to perform the statement of work set forth for this client project, the Project Finance and Credit Risk Expert must meet both the minimum education and experience requirements set forth:

• University degree in finance business, or a related field relevant to development finance.
• Working experience in the financial institutions, with special expertise in the area of the credit risk. Required specific demonstrable credit risk experience of 5 years, with a preference of at least 10 years.
• At least 10 years demonstrable experience with delivery of finance or consulting projects.
• Specific experience with guarantee mechanisms and risk management instruments and their use in commercial finance is also high valued.
• Specific experience with respect to guarantee funds and/or facilities and their use in commercial finance is also high valued.
• Specific experience with respect to project finance lending
• Specific experience in raising, managing, and/or deploying international donor or development finance institution capital to catalyze commercial lending or financing projects of similar size and scope.
• Demonstrated experience and demonstrated skills in planning, procurement, monitoring and reporting in the project environments of relevant nature.
• Excellent written and oral communication skills in English.
• Experience in similar projects and developing country context like Kosovo is an advantage.

CORE COMPETENCIES * Teamwork ability to foster teamwork collaboratively as a participant, and effectively as a team leader * Leadership ability to guide and lead colleagues on projects and initiatives * Business Acumen understanding and insight into how organizations perform, including business processes, data, systems, and people * Communication ability to effectively communicate to stakeholders of all levels orally and in writing * Motivation persistent in pursuit of quality and optimal client and company solutions * Agility ability to quickly understand and transition between different projects, concepts, initiatives, or work streams * Judgment exercises prudence and insight in decision-making process while mindful of other stakeholders and long-term ramifications * Organization ability to manage projects and activity, and prioritize tasks

BENEFITS AND HIGHLIGHTS At ProSidian, we invest in our employees to help them stay healthy and achieve work-life balance. Our team members receive a comprehensive benefits package that includes Competitive Compensation, Group Health Insurance Health Benefits, 401(k) Retirement Savings Plan Contributions, Vacation and Paid Time off (PTO) Benefits, Pre-Tax Payment Programs, Purchasing Discounts & Savings Plans, a ProSidian Employee & Contractor Referral Bonus Program, Performance Incentives, etc. Our comprehensive benefits package includes a medical, dental and vision plan. Our growing list of benefits currently include the following:

• Competitive Compensation: Pay range begins in the competitive ranges with full Gold Level (Tier 1) Group Medical Benefits, Pretax Employee Benefit Plan, plus performance incentives
• Group Health Insurance Health Benefits: Group Health Insurance Including Medical, Dental And Vision Insurance: Contributions are deducted from pay on a Pretax basis - Employee and family coverage is available with employer contribution to Employee (only) premiums under the Health Plan.
• 401(k) Retirement Savings Plan: 401(k) Retirement Savings Plans help you save for your retirement. Eligible employees can make before-tax contributions to the 401(k) Retirement Savings Plan to help you save for retirement. Contributions are deducted from pay on a pretax basis - wide range of investment options available with personal financial planner available to assist you. The Plan is a Safe Harbor 401(k) Retirement Savings Plan.
• Vacation And Paid Time Off (PTO) Benefits: The flexibility of Paid Time Off (PTO) lets you set your own priorities. Eligible employees use PTO for vacation, a parent-teacher conference, a doctor's appointment, or any number of events in your life. Currently these benefits include Vacation/Sick days 2 weeks | Holidays - 10 Federal Government.
• Pre-Tax Payment Programs: Pre-Tax Payment Programs currently exist in the form of a Premium Only Plan (POP). These Plans offer a full Flexible Spending Account (FSA) Plan and a tax benefit for eligible employees.
• Purchasing Discounts & Savings Plans: We want you to achieve financial success. We offer a Purchasing Discounts & Savings Plan through The ProSidian Corporate Perks Benefit Program - Helping You Do More With Less: This provides special discounts for eligible employees on products and services you buy on a daily basis.
• Security Clearance: Due to the nature of our management and operations consulting engagements for Private Companies, Fortune 1,000 Enterprises, and Government Agencies of all sizes; oftentimes there are Security Clearance requirements for Engagement Teams handling sensitive Engagements in the Federal Marketplace. A Security Clearance is a valued asset in your professional portfolio and adds to your credentials based on past, present, and future work.
• Leverageable Experience and Thought Leadership: By collaborating with firm leadership, other members of the team, as well as Fellows and