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Operations Analyst - 071771

Basics

Job #:071771
Title:Operations Analyst
Job Stream:Technical Assistance & Advisory Services
Location:Beijing, China
Close Date:15-Nov-2007

Background / General description:

IFC is seeking 1 experienced Operations Analysts, bilingual in English and Mandarin, to support a rapidly expanding financing program called China Utility-Based Energy Efficiency Finance Program (“CHUEE”) in IFC China. The goal of CHUEE is to help finance energy efficiency (“EE”) and Renewable Energy (“RE”) projects invested by Chinese entities in order to reduce emissions of greenhouse gas (“GHG”) in the delivery of energy services in China. The Program will organize and provide marketing, engineering, project development, and project financing services to commercial, industrial, institutional and multi-family residential sector energy users to directly support implementation of energy efficiency projects. The program is designed to support all partners to overcome two major barriers - perceived market risks and technical risks. By providing a risk sharing facility to the financial institution partner, the Program is providing strong support to them in overcoming the perceived market risks. Through the delivery of intensive technical assistance, the Program aims to help all partners to acquire skills in the marketing, engineering, due diligence and financial analysis of EE projects so as to overcome the technical risks. The first phase of the program (CHUEE I) was launched in 2006. Implementation of $150 million in total EE/RE project investment is targeted in CHUEE I. This investment is also expected to achieve 4-8 million tons carbon equivalent emissions reductions. In order to mobilize local financing in this sector, IFC seeks to provide a second facility to existing and additional banking partners. Program development for the second facility, CHUEE II, is currently underway. The CHUEE Program Management Office (“PMO”) was established in IFC s Beijing office to manage the implementation of the CHUEE Program, in particular to deliver the technical assistance that is required to catalyze efficiency project origination, processing and financing for partner financial institutions. More details could be found at www.ifc.org/chuee.

Duties and Accountabilities:

- Support Program Manager in the implementation of the CHUEE Program; - Review appraisal reports submitted by participating financial institutions (“FIs”), analyze related financial statements and projections; - Collect and analyze financial data and other information from independent sources about the proposed borrowers and end-users of proposed projects; - Prepare summary materials and portfolio guarantee approval recommendations for review by the Program Manager and Credit Committee or Supervisory Committee; - Monitor program sub-project portfolio and liaise with FIs to understand the performance of guaranteed transactions; - Build and maintain relationships with participating financial institutions; - Develop and implement a program marketing and technical assistance plan (together with the Program Manager); - Draft Portfolio Guarantee Agreements of approved sub-projects; - Under supervision of the Program Manager, arrange for program evaluations as required for data collection and reporting purposes; - Presentation of the program in seminars and conferences (in banks, industry fairs, thematic seminars) - Negotiate with banks and clients, with or without Program Manager, due diligence issues and project and financing terms; - Maintaining contacts with project developers (clients).

Selection Criteria:

-Masters degree in finance, accounting or business administration; -Experience in Chinese commercial banking business a must, preferably in the area of loan origination, processing and risk management; -Experience in international commercial banks operating in China a plus; -Strong analytical and organizational skills, and ability to take initiative and work independently; -Strong writing and oral communication skills in English and in Chinese; -Sound knowledge of accounting and financial statement analysis; -Sound knowledge of financial modeling, risk analysis and risk-adjusted discounted cashflow analysis; -Excellent interpersonal skills, and ability to work in a team environment; -Good client relation skills and excellent problem solving skills. No papermail or faxes please. Only shortlisted candidates will be contacted.