Financial And Economic Analysis Expert

Background

At Nicholas O'Dwyer, sustainability is at the core of our work. If you are looking to advance your career in a socially responsible company, which has a proven track record over 90 years, and is committed to creating a sustainable planet, we invite you to be part of our team.

Our mission is to provide innovative and reliable solutions using cutting edge technology and expertise, to ensure project success and employee satisfaction. We deliver infrastructure projects in water, wastewater, transportation, civil and structural engineering, flood protection, and energy including renewables. With headquarters in Ireland, we also operate in the UK, Europe, the Middle East, and Africa.

As part of the RSK Group, an amalgamation of over 200 companies with more than 17,000 employees, we benefit from a global network of opportunities while retaining our brand and autonomy.

Project Overview

This strategic initiative is a critical pillar of the Federated States of Micronesia’s (FSM) national resilience strategy, aiming to secure sustainable water and sanitation services across a highly vulnerable archipelago of over 600 islands. Under the Water Security and Resilience Improvement Project, this Project Readiness Financing (PRF) assignment is designed to address the urgent challenges of climate change: including sea-level rise, saline intrusion, and extreme weather, by preparing high-priority, climate-resilient infrastructure investments across the states of Chuuk, Pohnpei, Yap, and Kosrae.

As part of the Detailed Engineering Design (DED) consultancy, your primary responsibility will be to provide high-level technical, environmental and social safeguards, and strategic management services to the Department of Resources and Development (DoRD) and its Project Management Unit (PMU). This assignment focuses on preparing feasibility studies, and detailed engineering designs aligned with the ADF14 Thematic Window, as well the preparation of financial, social, environmental safeguards deliverables to ensure alignment with ADB’s Due Diligence framework. The goal is to ensure that all project outputs are implemented effectively, on schedule, and in strict compliance with Asian Development Bank (ADB) criteria and the requirements of potential co-financing partners (GCF, EU, DFAT). This is a unique opportunity to lead a transformative programme with a significant national impact on climate resilience in the Pacific.

We are currently seeking an experienced Financial and Economic Analysis Expert (International) with a minimum of 10 years' post-graduate experience to join our team for the delivery of these services. The ideal candidate will bring proven expertise in infrastructure project appraisal and ADB project analysis, particularly in valuing climate adaptation co-benefits and resilience dividends. This is a unique opportunity to lead the economic and financial due diligence of a transformative programme, ensuring high-priority investments are both sustainable and climate-resilient across all four FSM states.

Main Duties and Responsibilities

• Conducting economic and financial analyses of proposed subprojects, including cost-benefit assessments, affordability, and climate adaptation co-benefits.
• Evaluating investment priorities and quantifying avoided losses to support project decision-making.
• Supporting the preparation of due diligence reports in alignment with ADB requirements.
• Valuing climate adaptation co-benefits, such as avoided damages and resilience dividends.
• Integrating financial and economic findings into the broader Project Readiness Financing (PRF) consultancy.
• Liaising with national and state-level agencies and ADB regarding economic evaluation and financial sustainability.
• Ensuring that all financial and economic analyses integrate climate projections and mitigation measures.

Knowledge, Skills, and Experience Required

• Advanced degree (Master’s or equivalent) in Economics, Finance, or a related field.
• Minimum of 10 years’ experience in infrastructure project appraisal and economic evaluation.
• Proven experience in ADB project analysis and familiarity with ADB’s financial and economic due diligence frameworks.
• Specific experience in valuing climate adaptation co-benefits (e.g., avoided damages, resilience dividends).
• Demonstrated expertise in working within small island developing states (SIDS) or climate-vulnerable settings.
• Strong analytical skills in quantifying avoided losses and assessing investment affordability.
• Excellent knowledge of spoken and written English combined with superior communication and reporting skills.