Senior Industry Specialist - Energy Markets and Regulation

World Bank Group • Washington, DC

45d

About The Position

Build a career with impact. Working at the World Bank Group (WBG) provides a unique opportunity to help countries solve their greatest development challenges. As one of the largest sources of funding and knowledge for developing countries, the WBG is a unique partnership of five global institutions dedicated to ending poverty, increasing shared prosperity, and promoting sustainable development. With 189 member countries and more than 120 offices worldwide, the WBG works with public and private sector partners, investing in groundbreaking projects and using data, research, and technology to develop solutions to the most urgent global challenges.
The International Finance Corporation (IFC), a member of the World Bank Group, is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities in developing countries. In fiscal year 2025, IFC committed a record $71.7 billion to private companies and financial institutions in developing countries, leveraging private sector solutions, and mobilizing private capital to create a world free of poverty on a livable planet. For more information, visit: https://www.ifc.org
The Global Energy (CEMEN) team is part of the Global Energy and Mining Department (CEM) at IFC. Our unit in collaboration with the regional industry groups, is responsible for IFC's energy business, including power generation, transmission, distribution and innovative clean energy technologies. Our team is united by core values of Impact, Integrity, Respect, Teamwork, and Innovation. Together, we tackle the world’s toughest challenges, and advance social and economic inclusion.
CEMEN is looking to recruit an Senior Industry Specialist - Energy Market and Regulation to contribute to CEMEN’s priorities related to sector strategy and expertise, knowledge sharing, market creation and innovation, business development, and transaction due diligence and monitoring.

Requirements

• Master’s degree or equivalent in economics, strong quantitative skills including financial analysis, ideally with exposure to economic regulatory theory as it applies to infrastructure regulation.
• Minimum of 12-15 years of professional experience in the energy sector, with significant exposure to emerging markets and broad expertise across electricity and natural gas markets.
• Deep knowledge of market and regulatory issues related to electricity generation, transmission, distribution, and supply, with significant expertise in de-regulated markets, including policy, regulation, system planning, or operation.
• Proven analytic ability in the context of competitive electricity markets, including both bid- and cost-based approaches and spot price projections.
• Expertise in both price and quality regulation, understanding of key tradeoffs and tariff sustainability. Knowledge of subsidy design approaches and techniques for targeting and emphasizing public funds efficiency. Knowledge of RAB valuation and WACC allowance methodologies is desirable.
• Knowledge and experience around contractual approaches underpinning private participation in the sector, including full privatization and private participation via concessions, affermage, management contracts or other forms, with preference for detailed knowledge of contracts that require private risk capital to be deployed.
• Strong analytical and problem-solving skills and sound business judgment to identify issues and present creative and practical solutions
• Excellent verbal and written communication skills, with fluency in English; other languages are a plus.

Responsibilities

• Work closely with interdisciplinary CEMEN teams to i) develop and implement IFC’s strategy and agenda in various energy segments; ii) lead, co-lead or collaborate as team member in certain Global Energy initiatives and contribute to market creation and innovation in the energy sector. This will include leading strategy or sector presentations to diverse internal & external stakeholders and/or leading the development of selected knowledge products for internal or external audiences.
• Support investment officers, including working with client relationship managers to support client engagement and business development in the energy sector.
• Assist in reviewing new projects as part of the investment decision process: as member of investment teams for selected transactions, support investment officers, management and the credit department in assessing market-related risks (e.g., regulation, merchant exposure). This includes hiring and managing market consultants where/when needed, recommending market scenarios and interacting with investment teams to provide financial model inputs/assumptions, providing detailed assessment and discussing related investment structuring and/or valuation implications.
• Support portfolio supervision management, relationship managers and teams when assessing market related aspects, or issues in specific projects.
• Provide strategic, operational, and analytical support to the CEMEN Manager, and to other senior IFC and World Bank Group executive staff; including taking the lead on developing knowledge products or summaries related to specific market related requests.
• Maintain a strong grasp of energy sector trends and innovations.
• Mentor more junior IFC staff on issues related to energy sector markets and regulation.

Benefits

• The World Bank Group offers comprehensive benefits, including a retirement plan; medical, life and disability insurance; paid leave, including parental leave; and reasonable accommodations for individuals with disabilities.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees