Description:
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 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 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 proposal 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
- Liasion effectively with other teams (i.e., Risk, Finance, Procurement, Monitoring and Evaluation and banking partners) to ensure most efficient credit service for debt portfolio companies.
- Prepare high quality submissions for the Investment Committee including memoranda
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 industry, external and internal early warning signals.
- Take adequate actions to mitigate identified risks and generate impact assessment reports
- Prepare documentation for Karandaaz’s 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.
- Any other task necessary to ensure the optimum performance of the CIC department.
Team Leadership
- Responsible to lead a team of Associates and Analysts and ensure their professional development through coaching, mentoring, shadowing and empowerment.
- Assist the CIO in managing and leading transaction teams across all sub-functions of CIC.
Eligibility
Education & Experience
- Preferably a Masters level degree in Finance, Business, Economics, Accounting or related discipline from a reputable institution. Certificate or degree in alternate energy will get additional advantage.
- Atleast eight (08) years of work experience in structured finance and commercial banking
- Preference will be given to candidates having experience with: solar/renewable project financing; energy audit of equipment either directly or through consultants; working with an energy generation equipment supplier; funding of alternate energy projects at a bank or a private equity fund.