Position Summary
The Principal Green will be responsible for and will have expertise in solar/renewable energy project financing. The incumbent will interact with key stakeholders including regulatory bodies banks small and medium enterprises and renewable energy solution providers and should have the ability to originate structure and finance investments while keeping in mind the development impact.
Job responsibilities:
Green Financing Portfolio Creation & Management
- Develop a strategy for the Green Financing function and create a detailed work plan to be executed over the fiscal year
- Lead detailed industry analyses (market size and growth industry structure and value chain competitive landscape etc.) for key target industries.
- Review and oversee the tracking of government incentives in adoption of RE/EE technology in Pakistan and build financing products around those schemes in partnership with financial institutions
- Structure equity and credit products to invest long-term Green capital with the potential for profitable growth and sustainable job creation
- Assess the impact and additionality that will be created through Green Capital
- Conduct Energy Audits either directly or through consultants to determine eligibility and viability of replacing existing equipment with energy-efficient alternatives.
Project Proposal and Documentation
- Prepare structure equity quasi equity credit and/or investments to invest long-term Green capital with potential for profitable growth and sustainable job creation
- Prepare project proposals and essential documents presentations and research reports necessary to make an investment decision.
- Review and participate in investment negotiations and finalization of transaction documentation
- Establish and maintain quality client relationships to ensure responsive client service and to enhance new business opportunities
- Liaison effectively with other teams (i.e. Risk Finance Procurement Monitoring and Evaluation and banking partners) to ensure the most efficient credit service for debt portfolio companies.
Portfolio Monitoring
- Monitor track and manage the performance of portfolio companies including performance vis-a-vis business plan and KPIs and maintain liaison with internal and external stakeholders.
- Collaborate with Finance and Monitoring & Evaluation to track monitor and evaluate the portfolio performance and financial situation of the clients including analysis and trends in the industry and external and internal early warning signals.
- Take adequate actions to mitigate identified risks and generate impact assessment reports
- Prepare documentation for internal processes including creating and
maintaining annual work plans and support in internal and external audits - Engage external consultants track performance progress and ensure final reports are delivered in a timely manner and cover the scope of engagement.
Education and Experience required:
- Preferably a Masters level degree in Finance Business Economics Accounting or a related discipline from a reputable institution. A certificate or degree in alternate energy will get an additional advantage.
- Specialization in Finance preferred including CFA CA and ACCA.
At least eight (08) years of work experience in structured finance and commercial banking - Preference will be given to candidates having experience with:
o solar/renewable project financing;
o energy audit of equipment either directly or through consultants;
o working with an energy generation equipment supplier;
o funding of alternate energy projects at a bank or a private equity fund.
Knowledge and skill set required
- Expertise in green project financing in particular solar and renewable energy.
- Exceptional knowledge of business finance and financial analysis
- Excellent knowledge of impact investing principles and Sustainable Development Goals