The Investment and Policy Solutions Division (IPSD), based at GGGI’s Seoul headquarters works with programs in countries and on (global) projects, by:
- Providing technical and financial know-how through advice to country programs in the areas of energy, green cities, land-use and water;
Working with the Green Growth Planning and Implementation Division (GGP&I) on the development of service offerings (in GGGI’s four main focus areas) and related methodologies (delivery approaches);
- Converting experience gained through country activities and engagement in international networks into elements of South-South cooperation programs, sub-regional knowledge sharing programs and national level capacity building activities;
- Developing global level tools such as the Green Growth Potential Assessment methodology and flagship products (such as the planned Green Growth Index);
- Contributing to the preparation of corporate communication material;
- Managing GGGI’s involvement in knowledge management networks such as the Green Growth Knowledge Platform or other international platforms as appropriate.
The Division expects to expand its technical capacity and broaden intellectual base by hiring a Principal for program development and integrated delivery, particularly on bankable projects, financial instruments, and National Financing Vehicles (NFVs).
The Principal works with the Head of Green Investment Services (GIS) and relevant country teams early on to make recommendations on a potential business opportunity and about project viability/attractiveness based on identified risks and potential rewards (e.g. feel for sponsors, financial factors, market and policy conditions, data availability, commercial viability of the sector, etc.). Understanding the Government objectives and strategic aims coupled with the 4 key Thematic areas (Energy, Green Cities, Water and Sustainable Landscapes) of GGGI are fundamental to ensuring the most appropriate bankable projects are delivered for our Government counterparties.
He/she will be responsible for managing a portion of the GIS portfolio and will work on each deal together with the department’s specialists as small ‘deal teams’. He/she provides quality control over financial analysis/projections and makes recommendations to strengthen such analysis/projections, proactively identifies, develops, and discusses operational solutions with internal and external clients, persuades management to undertake new projects, and produces preliminary analysis/projections to assess the soundness of a potential project or product, creates alternative financing structures through innovative financial instruments to develop bankable projects, identifies and secures financing from a wide variety of providers.
The successful candidate shall demonstrate a sound understanding of investment methods and financing solutions, including ample experience handling a variety of investment instruments in project and corporate finance in both the private sector as well as public sector environments. The candidate must have demonstrable experience of delivering projects in both the public and private sector through all stages of project delivery.
The Principal supports the Head of GIS to manage and deliver on the portfolio of green investment projects.
- Leads the preparation and documentation of project development together with the client; uses suitable skills to develop solutions to overcome impasses; and leads project development to bankability
- Recommends changes to the project structure to make the project more “bankable”, determines appropriate mix of investment instruments (e.g., use of loan equity, quasi-equity, grants, in what amounts, etc.)
- Proactively uses structuring skills in complex situations to design projects
Business Development and Networking
Engages with members of the green investment community and GGGI country teams to anticipate market trends and identify and develop new business opportunities.
Strengthening Sustainable Development
- Leverages a network of internal and external technical experts to efficiently research and evaluate opportunities to increase the sustainable development components of projects
- Leverages a broad understanding of the elements of sustainable development to structure or restructure transactions
- Anticipates potential obstacles to achieving team goals and provides insight/guidance to team members to effectively address those obstacles
- Sets high performance standards for project delivery to meet or exceed client expectations, manages overall process and takes responsibility for team output, coordinates tasks and delegates decision making among team members and ensures adherence to timelines to successfully lead project team
Core competencies and business acumen for this position have been categorized according to project structuring, portfolio management and business development.
- Complexity: expected to handle more complex structures and transactions.
- Origination: identifies new projects, oversees the processing of new deals
- Project structuring: develops project assumptions and financial projections, structures renewable energy and green infrastructure assets
- Delivery: leads the deal process to bankability and access to finance, including though the application of investment documentation relevant for such project development
Delivery includes aspects such as organizing of work outputs to ensure delivery through adapting GGGI procedures, anticipates resource needs and obstacles and keeps the head of the department and others updated.
- Minimum of 10 years of relevant professional experience that combines intellectual and managerial leadership in strategic planning, with a strong focus in the area(s) of sustainable development, climate change, management consulting for non-profits, preferably at the international level.
- Advanced University degree in areas such as international business or economics with further financial/economics training (Masters in Finance or MBA or equivalent)
- Hands-on project management experience, an ability to efficiently manage a large number of activities simultaneously and to navigate through complex environments
- Willingness and ability to travel
- Proficiency in written and spoken English is essential. Other languages a significant bonus.
Comprehensive understanding of green growth in the context of developing countries; project finance, private or public sector projects, and/or in PPP transactions in developing and emerging countries; experience with climate finance and investment banking.
GGGI needs a person who can bring more than knowledge and passion to the role: someone who has the grit and resilience to do this work. The successful candidate is a skillful coach with an ability to diagnose challenges in an organization and a team, an innovator, a decision-maker, a powerful advocate, and a diplomatic change agent who understands the dynamics and tensions in this kind of diverse, global landscape. S/he should also possess:
- excellent in knowledge development
- able to handle complex multi-stakeholder relationships
- keen on maintaining high degree of professional integrity with a stewardship of public resources
- proactive in providing mentorship and guidance to staff
- able to effectively communicate, listen to others, and create and promote an environment for open communication
- able to work effectively with other teams of a high degree of cultural/ professional diversity.