Attorney-Advisor (Climate & Clean Energy Investment & Transaction Policy)
U.S. International Development Finance Corporation
Type: Full Time
Salary: $116,393 - $177,978
Recruitment and relocation incentives may be authorized for this position.
2 openings available.
This position is located in the Office of General Counsel (OGC), United States Development Finance Corporation (DFC), the U.S. Government's development finance bank. The successful candidate will serve as an Assistant General Counsel and advise on the legal and policy aspects of all, one, or more of DFC's finance, equity investment, and/or political risk insurance programs.
Duties: Investment and Transaction Policy Attorneys will work across DFC product lines with a primary focus on climate and clean energy projects and may work with other DFC policy programs or transactions as needed. Work includes project vetting and due diligence; identification of early-stage barriers to bankability for relevant projects; assessment and structuring of climate finance mechanisms such as carbon credits or blue/green bonds; negotiation of tender and regulatory language with governments aimed at overcoming barriers to DFC financing; identifying and implementing creative solutions to complex market- and industry-based challenges in supporting climate and clean energy projects in developing countries; and drafting and/or negotiating transaction or other relevant documents leading to closing. The types of DFC products the Attorney will support may vary, and include project finance, political risk insurance, infrastructure loans, guarantees, and equity. DFC loans can be high or low in dollar values, but often involve complex negotiation and documentation. DFC's equity investment program includes direct investment in portfolio companies as well as private equity investment funds. DFC's political risk insurance program offers coverage against political violence, currency inconvertibility, and expropriation and includes specialized capital markets products that insure against sovereign and sub sovereign risk. Projects are always located in one or more a low-income, lower middle-income, or upper middle-income countries.
Conditions of Employment:
This position is in the excepted service.
US Citizenship, Nationals or those who owe allegiance to the U.S. is required.
Suitable for Federal employment, determined by background investigation.
Selective Service registration required for male applicants, unless exempt.
May be required to successfully complete a two year trial period.
If selected, you will be required to file, prior to entrance on duty, a Confidential Financial Disclosure Report (OGE Form 450).
Qualifications: Applicants must meet all eligibility and qualification requirement by the time of submission of application.
Basic Requirements: Applicants must (1) be a graduate of an accredited law school with an LLB. or J.D.; (2) be a current member of a bar with a valid license to practice law in a state, territory of the United States, District of Columbia, or Commonwealth of Puerto Rico; and (3) meet all specialized experience requirements as described below. An official transcript will be required if you are selected.
Specialized Experience: GS-14: You may qualify at the GS-14 level, if you meet the following qualification requirement: At least three years of full-time professional legal experience gained after being admitted to the bar. The minimum three-year work experience requirement includes at least two years of specialized experience that is directly related to the position being filled. At least one of the two years of specialized experience must be at a level of difficulty and responsibility equivalent to that of an attorney at the GS-13 level. GS-15: You may qualify at the GS-15 level, if you meet the following qualification requirement: At least five years of full-time professional legal experience gained after being admitted to the bar. The minimum five-year work experience requirement includes at least four years of specialized experience that is directly related to the position being filled. At least two of the four years of specialized experience must be at a level of difficulty and responsibility equivalent to that of an attorney at the GS-14 level.
Specialized experience is defined as:
Experience advising on legal and policy matters in the areas of finance (including project finance, loans to small and medium enterprises or other financial intermediaries, and/or corporate loans), equity investments, private equity funds, and/or political risk insurance in the context of negotiating and documenting transactions for projects in emerging markets, whether directly or through the supervision of outside counsel.
Specialized knowledge of and ability to independently analyze whether offtake, power purchase and concession agreements and tender programs are bankable in accordance with standard bankability principles, especially those published by DFC or other U.S. federal agencies.
Specialized knowledge of and ability to independently analyze whether the design, construction and operating contracts for a power project are bankable at a high level.
Specialized knowledge of and ability to draft and negotiate key financing and inter-creditor agreements and advise teams structuring security for power projects.
Demonstrated ability to find solutions to transaction issues.
About U.S. International Development Finance Corporation
We invest across sectors including energy, healthcare, critical infrastructure, and technology. DFC also provides financing for small businesses and women entrepreneurs in order to create jobs in emerging markets. DFC investments adhere to high standards and respect the environment, human rights, and worker rights.