Principal Water Sector Specialist

Job Posting Organization:
The European Bank for Reconstruction and Development (EBRD) is an international financial institution that was established in 199

• Its mission is to promote the transition to market economies in countries from Central Europe to Central Asia. The EBRD operates in over 30 countries and has a workforce of approximately 2,000 employees. The organization focuses on fostering sustainable development and supporting the private sector in its member countries, with a strong emphasis on environmental sustainability and social responsibility.

Job Overview:
The Principal Water Sector Specialist plays a crucial role in the technical aspects of water sector projects throughout the investment cycle. This position primarily focuses on project preparation, with some involvement in project implementation and monitoring. The specialist will assess project opportunities and risks, ensuring the integration of sustainable solutions in urban areas where the Bank operates. The role also supports the Bank's infrastructure strategy and requires a deep understanding of complex water sector projects. The Principal Water Sector Specialist will work closely with the Sustainable Infrastructure Policy & Project Preparation (SI3P) team, which consists of technical and financial specialists dedicated to developing high-quality projects aligned with the Bank's transition mandate. This position requires the ability to provide authoritative technical advisory services and to support the development of innovative solutions that enhance project viability and sustainability.

Duties and Responsibilities:
The Principal Water Sector Specialist will be responsible for leading technical due diligence to evaluate the viability of projects in preparation. This includes screening project proposals, participating in site visits, and engaging with stakeholders to facilitate project development. The specialist will prepare project-related documentation, assist in selecting external technical consultants, and oversee their work to ensure high-quality deliverables. Additionally, the role involves providing technical inputs for securing donor financing, supporting the development of Green City Action Plans, and drafting technical sections of internal memos. The specialist will also assist in project monitoring and resolution of delivery issues, while maintaining awareness of market trends and seeking integrated approaches across sectors.

Required Qualifications:
Candidates must possess a degree in a relevant engineering or technical discipline, with an additional higher degree in finance, economics, or business being advantageous. A proven track record in the water sector, particularly with infrastructure utility companies or technical consultancy firms, is essential. Candidates should have experience in technical due diligence and monitoring of water-related projects, as well as knowledge of both conventional and non-conventional water solutions. Familiarity with low-carbon pathways in the water sector and international experience will be considered beneficial. Strong analytical skills, effective communication abilities, and experience working in cross-cultural teams are also required.

Educational Background:
The ideal candidate should have a degree in engineering or a related technical field. An advanced degree in finance, economics, or business would be beneficial, enhancing the candidate's ability to navigate the financial aspects of water sector projects. The educational background should provide a solid foundation in both theoretical concepts and practical applications relevant to the water sector.

Experience:
Candidates should have substantial experience in the water sector, particularly in roles that involve project finance, technical consultancy, or advising international financial institutions. Experience in delivering projects on time, within budget, and to quality standards is crucial. The ability to work effectively in diverse teams and manage relationships with senior stakeholders is also important.

Languages:
Fluency in English is mandatory, with excellent verbal and written communication skills. Proficiency in a language from one of the Bank's countries of operation, preferably Russian, is desirable and would enhance the candidate's ability to engage with local stakeholders.

Additional Notes:
This position is a full-time role with a regular contract type. The contract length is not specified, but the posting end date for applications is June 29, 202

• The EBRD promotes a diverse and inclusive work environment and encourages applications from all qualified candidates, regardless of their background. The organization offers a hybrid workplace model, emphasizing flexibility and employee well-being, along with a comprehensive suite of competitive benefits.