Senior Infrastructure Investment Officer
Please note that the deadline is based on Korean Standard Time Zone (KST, UTC+9)
INTRODUCTION TO GGGI
The Global Green Growth Institute (GGGI) is a treaty-based international, inter-governmental organization dedicated to supporting and promoting strong, inclusive and sustainable economic growth in developing countries and emerging economies. To learn more please visit about GGGI web page.
In the Sultanate of Oman, GGGI has partnered with the Government through the leadership of the Environment Authority (EA) to develop the "Accelerating Resilience and Innovation for Sustainable Ecosystems management" (ARISE) Program. The ARISE Program is a USD 100 million initiative spanning six years, designed to deliver climate action, ecosystem restoration, and economic growth through Nature-based Solutions (NbS) integrated into the Bioeconomy and Sustainable Special Economic Zones (SSEZs). The program ultimately targets the restoration of 30,000 hectares of land, an estimated 750,000 tCO2e/year in greenhouse gas emission reductions, and the creation of over 1,000 green jobs. The implementation of the ARISE Program is structured around two phases. Phase 1 will cover 2 years, and Phase 2 will be over 4 years. The funding has been approved for Phase 1.
PURPOSE
- Support the preparation of Work Plan and conduct related analysis for a dedicated Infrastructure and Sustainability Trust Fund (ISTF) in partnership with a national development bank.
- Contribute to the drafting of the ISTF Operating Manual and related validation process.
- Support operationalization of the ISTF.
- Contribute to the development of risk management tools for the domestic bank partner to manager debt and equity portfolios, as well as monitoring, reporting and verification mechanisms.
- Support the development of an investment pipeline in alignment with ARISE program and its thematic priorities.
- Prepare investment documentations, including investment briefs, memos, presentations, financial models, and scenario analysis.
- Lead investment roadshows from targeting appropriate funding institutions and agencies such as international funds, bilateral and multilateral funding mechanisms, private equity funds, guarantee funds and other climate investors.
- Provide technical guidance to junior staff in the country team.
ENGAGEMENT
- The scope of work will include indenting and engaging with government partners, private and public sector finance institutions and initiatives. The Senior Officer shall:Keep abreast on socio-economic and political changes in the environment and undertake timely strategic review of GGGI’s Oman country program ensuring continued relevance in investment projects
- Support the development of partnerships with national and regional institutions including DFIs and investor communities as well as government bodies
- Engage financial institutions and commercial lenders in the development of projects to ensure that the initiatives projects adequately represent their vision, interests, criteria, and objectives.
- Facilitate, where necessary, connections between public and private institutions to develop investment projects and/or innovative funding mechanisms.
- Collaborate with project developers and support selected partners in project documentation following the best global practices.
- Support further development and expansion of GGGI's network of financial institutions, banks, funds and other relevant organizations both domestically and internationally.
- Carry out additional investment-related tasks as assigned
DELIVERY
- Provide leadership green investment support to staff development in Oman country programme
- Ensure that experiences and best practices are documented and shared across the project teams
- Identifying and developing green projects, funds, bonds and facilities.
- Prepare high-quality investment documentation, including business case development and financial modeling
- Mobilizing climate finance and investments in green growth sectors in Oman.
- Independently lead and deliver high-quality programme funding earmarked proposals for Oman and support the program growth.
- Provide hands on guidance to the National Consultant Firms for the delivery of planned activities.
REQUIREMENTS
QUALIFICATION
The successful applicant must demonstrate outstanding professional competence and hold exemplary and relevant academic credentials. As noted, the position requires extensive experience in trust fund structuring, deal origination and financial analysis skills in the Green Growth sectors. Knowledge of Oman and/or GCC policy and governance in the Green Growth sectors, commercial risk assessment, project finance, debt instruments and multi-stakeholder collaboration is needed. Practical experience in arranging investment deals, pitching of bankable projects and/or financial deal structuring is important.
Specifically, the application should provide convincing evidence of the following:
- A master's degree in finance, accounting, business management or economics. Relevant financial certifications such as CFA will be an added advantage.
- Preferred 7-10 years of relevant professional experience related to project development, direct investments and financial modeling.
- Solid understanding of various financial products, debt/equity instruments being used in MENA finance/investment sector. Direct working experience with any of these products is a must.
- Familiarity with green investment, climate finance, or sustainable development sectors is desirable.
- Excellent Arabic and English writing skills is a must, writing examples might be requested as well as potentially a written exercise as part of the selection procedure.
- At least 2 years of international experience living and working outside of home country.
FUNCTIONAL
- Strong analytical and financial modeling skills.
- Understanding of investment processes and project development.
- Ability to collaborate effectively with stakeholders across sectors.
- Strong organizational and communication skills.
- Ability to support multiple tasks and deliver outputs within deadlines.
CORPORATE
- Understand and actively supports GGGI's mission, vision and values.
- Outstanding stakeholder engagement, client relationship, communication, teamwork, and consensus building.
- Process and share information easily and excellent at problem solving.
- Manage emotions and stress positively, builds rapport and resolves conflict easily.
- Promote creativity and innovation among staff.
- Work effectively with other teams of a high degree of cultural and professional diversity.
WORKING CONDITIONS
The Senior Infrastructure Investment Officer is an G09INT grade level in GGGI's international salary scale, details of which can be found in the GGGI Staff Rules on GGGI's website. In addition, GGGI provides 27 days of annual leave, flexible work arrangements and contribution towards private health insurance that covers dental and vision. The appointment is for 24 months, renewable subject to satisfactory performance and budget availability.
GGGI is committed to providing a work environment that is sufficiently flexible to accommodate diverse life-cycle challenges and assist Staff members to achieve a better balance between work commitments and personal and family commitments, thus ensuring high performance, long-term productivity and well-being of Staff members.
For more information on GGGI's terms and conditions (allowances, health care, education etc.) please familiarize yourself with GGGI's Rules and Regulations at: https://gggi.org/policy-documents/
Child protection – GGGI is committed to child protection, irrespective of whether any specific area of work involves direct contact with children. GGGI’s Child Protection Policy is written in accordance with the Convention on the Rights of the Child.
