Senior Power Engineer- Washington, DC

Job #:	132750
Title:	Senior Power Engineer
Job Stream:	Investment
Location:	Washington, DC
Closing Date:	12/31/2013
Background / General description:
IFC, a member of the World Bank Group, is the largest global development institution focused exclusively on the private sector. We help developing countries achieve sustainable growth by financing investment, providing advisory services to businesses and governments, and mobilizing capital in the international financial markets. In fiscal 2011, amid economic uncertainty across the globe, we helped our clients create jobs, strengthen environmental performance, and contribute to their local communities—all while driving our investments to an all-time high of nearly $19 billion. For more information, visit www.ifc.org.  IFC is recruiting a Senior Power Engineer to join the Global Infrastructure and Natural Resources Department, which is responsible for sourcing and executing investment transactions in several industries, including power. The Power Engineer plays a central role in the investment team by appraising the viability of new investments and being involved in the supervision of IFC’s ongoing power investments.
Duties and Accountabilities:
• Support the development of new power projects worldwide and lead their technical appraisal to identify strengths and weaknesses, with a focus on hydro and renewable power projects; • Present key operational and capital assumptions for incorporation in financial models undertaken by investment staff; • Review major contracts (PPA, EPC, FSA, O&M and concession); • Support portfolio management and provide advice for project enhancements to both internal and external clients; • Maintaining and build power sector knowledge and support best practice knowledge sharing
Selection Criteria:
• Advanced degree in engineering and 10+ years in the electric power industry, ideally in the private sector and emerging economies; • Successful track record in one or several of the following areas: electric utility management and operations, power and energy transactions, generation, transmission and distribution operations, power system planning, project development, tariff setting, power plant construction and environmental compliance; • Knowledge and expertise in renewable energy generation, especially hydropower, wind, solar and biomass;  • Operational experience and experience as lenders’ engineer will be considered a plus; and • Strong interpersonal, multicultural and client relationship skills are a must, as well as fluency in English. • Willingness to undertake extensive international travel. Applications must be submitted online. Only those candidates selected for interviews will be contacted. Candidates can check the status of their applications by visiting www.ifc.org/careers.