Associate

Position Summary

Meridiam recruits an Associate to join the Istanbul team based in Turkey. The selected candidate will work as a member of the investment team to develop infrastructure projects under the Public-Private Partnership model.

S/he will report directly to the Country Director, and will support the development and management of infrastructure projects.

DUTIES AND KEY RESPONSIBILITIES

Work as a member of Meridiam investment team to develop infrastructure projects under the public-private partnership model. This includes in particular the following:

• Responsible for the preparation and timely submission of all deliverables required during each phase of the project (RFQ, RFP, closing);

• Participate in the general risk analysis of the project;

• Assist in the preparation of consortium arrangements including teaming agreements;

• Participate in the review and negotiation of legal documents, including concession agreements, design-build agreements, operating agreements and finance documents;

• Participate in the due diligence process, including liaising with respective advisers (legal, technical, insurance, model audit) and coordinating required input from construction and operation partners;

• Participate in the debt raising process, including dealing with banks, capital markets providers and ratings agencies;

• Participate in the financial analysis of the project and in the optimization of the project economics by:

• Performing detailed analysis of financial model;

• Analyzing potential financial alternatives;

• Running sensitivities.

• Responsible for the drafting of all internal memoranda to be presented to the Management;

• Lead the selection process and coordination of all consultants/advisers (legal, financial, technical, insurance, accounting, tax, etc.);

• Participate in origination of new opportunities, including performing analysis of market sectors, public sector clients and design, construction or operation partners;

• Coordinate with internal Finance group for all relevant matters;

• Organize portfolio management with internal stakeholders (reporting and valuation);

• Active management of risk & opportunities for the assets;

• Ensure proactive, compliant & effective governance

• Develop asset specific strategies and road maps to deliver financial & non financial objectives;

• Deliver asset management roadmap & objectives, and

• Other ad-hoc work to be performed in the day-to-day activity of the fund manager.

• From 4 to 7 years relevant experience in project or infrastructure finance;

• Advanced degree in Economics, Finance or Engineering or another related field;

• Strong ability to work collaboratively in a small team, proactive and able to take initiatives;

• Solid project management, leadership, and organizational skills;

• Excellent interpersonal, written and oral communication skills;

• Strong analytical and negotiation skills;

• Ability to recommend practical ways using innovation, good judgment, creativity and strategic thinking.

Terms and conditions:

• Location: role based in Istanbul. This role may include some travels in Turkey.

• Availability: Asap

Recruitment process:

Retained candidates will be invited for interviews with Meridiam’s HR representative, member of the Europe team, the Deputy CEO and other relevant stakeholders as deemed relevant.

A business case will also be includes in the recruitment process.