Project Finance & Insurance Project Specialist
Introduction:
This position is part of the Office of Structured Finance & Insurance (OSFI), U.S. International Development Finance Corporation (DFC). As an Officer you'll manage the most complex sensitive or precedent-setting finance & political risk insurance projects with an emphasis on using innovative financial structures to drive climate finance including but not limited to debt-for-nature swaps, financing of coal plant retirements, nature based solutions, development & execution of risk sharing or blended finance platforms with other financial institutions, & development & execution of financing models for climate adaptation investments
Major Duties:
As a Project Finance and Insurance Project Specialist (Innovative Climate Finance), you will:
Handle a range of activities in the structured debt finance origination process, including reviewing business plans, off-take agreements, financial model projections, and financial model sensitivities for structured debt finance applications in the climate finance sector.
Handle a range of activities in the political risk insurance origination process, including reviewing project information memoranda for political risk insurance for climate finance based projects, particularly debt-for-nature swaps enabling blue bonds and green bonds for conservation and climate adaptation.
Analyze the nature of the investment, equity and loan instruments involved in climate finance projects overseas.
Prepare portions of necessary documents and memoranda required in the Agency's approval process.
Negotiate terms and conditions in insurance contracts and structured debt finance agreements.
Conduct research and analysis.
Conduct outreach to expand the prospective insurance and structured debt finance pipeline for climate finance projects.
THE IDEAL CANDIDATE STATEMENT: The ideal candidate will have experience mobilizing, analyzing and underwriting international projects & investments to scale cutting-edge climate solutions to address frontier climate challenges. They would ideally have an educational background in: Climate Change Finance & Investment, Sustainable Finance, and/or Environmental Science, Environmental Technology, or Environmental Management, which will allow them to apply this knowledge in using innovative financial structures for climate investments. Their past experience(s) will enable them to quickly assess the feasibility and risks of an investment opportunity. The ideal candidate will have knowledge about nature-based solutions and various forms of renewable energy.
Please Note: This is a Bargaining unit position represented by AFGE, local 1534.
Conditions of Employment:
Must be a U.S. Citizen or National
Males born after 12-31-59 must be registered for Selective Service
Must submit resume and supporting documents (See How To Apply)
Suitability for Federal employment, as determined by a background
be required to successfully complete a probationary period
Within 30 days of your start date, you may be required to file a Confidential Financial Disclosure Report (OGE Form 450)
Must be able to obtain and maintain a secret security clearance
This position will require foreign travel to developing countries
Qualifications:
Please see full announcement of USAJobs for qualification requirements.
Additional Information:
Salary will be based upon the locality pay areas, as defined by OPM, and will be adjusted based upon the selectee's duty location.
This position is eligible to be 100% remote. Applicants are encouraged to select "location negotiable" as their preferred duty station, if they are interested in a remote opportunity. The option to work out of the DFC's office in downtown Washington, DC is available to candidates who are interested. If applicants select Washington, DC as their preferred duty station, the selectee will be expected to report to the office and follow the agency's telework policy.
Telework Suitability: The selectee may be allowed to telework with supervisor approval and if they meet the eligibility criterion in the 2010 Telework Act.
Stipulations of Employment: Selection may require completion of a 1-year probationary period.
Work Schedule: This position allows for a flexible work schedule.
Recruitment and relocation incentives may be authorized for this position.
This announcement may be used to fill similar positions, if additional vacancies occur.
If selection is made below the full performance level, promotion up to the full performance level may be made without further competition. However, promotion(s) will depend on the performance of the incumbent and are not guaranteed.
**Applications are only being accepted through USA Jobs, go to the following link to apply:
https://www.usajobs.gov/job/716084200. This announcement is set to close at 11:59 pm (EST) on April 26th, 2023. All applications must be received by the closing date to receive consideration.