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Career opportunities

Thank you for your interest in a role at Castalia. We recruit and onboard new team members quarterly, and the next round of career opportunities will be posted by 5 July 2024 (for a 3 October 2024 start date).

In the meantime, please feel free to submit your materials to our talent pool using the link below. We will notify you if we have an opportunity that may be a good match.

Submit your interests here.

Anton Murashev

June 26, 2019/by Kelly Sutherland

Tim Kennedy

July 19, 2019/by Site Admin

Veronica Lizzio

August 22, 2023/by admin

JPS Tariff Submission, Jamaica

We argued that Jamaica’s national electricity utility needed a tariff increase to earn an adequate return on capital. Jamaica’s national electricity utility was not earning an appropriate return on capital, while being exposed to an inadequate level of risk.
June 29, 2019/by Site Admin

Kigali Bulk Water Supply Infrastructure

Castalia advised the Kigali Bulk Water Supply Project, to help Kigali provide safe and reliable water supply to its rapidly growing population
June 21, 2019/by sophie

Leading the Discussion on Innovative Water Loss Reduction Strategies at the Global Water Summit

February 13, 2024/by admin

Light Rail Transit PPP, Philippines

Castalia advised the Philippines Government on creating a contract management office that would supervise and manage a PPP contract for a US$1.5 billion light rail transit line upgrade and extension. The Philippines Government wanted to alleviate Manila’s serious traffic congestion by upgrading and extending the city’s light rail transit line 1 (LRT1) and increasing throughout from 500,000 passengers to 800,000 passengers each day.
July 11, 2019/by Site Admin

Water utilities strapped for cash? Liquidity facilities could be the solution

Water utilities are critical for fighting COVID-19
In the absence…
June 5, 2020/by Site Admin

Livestock Improvement Corporation, New Zealand

Castalia showed how proposed changes to the Dairy Industry Restructuring Act would benefit Fonterra shareholders.
June 26, 2019/by rebecca

Malawi Water Sector Investment Plan

We prepared an optimized investment plan for Malawi’s water sector, together with a financing plan Projects in Malawi’s water sector were scattered and largely donor-driven, so the government needed a strategy to prioritize investments.
June 29, 2019/by Site Admin

Market Analysis and Regulatory Due Diligence on ACWA Bid, Philippines

Castalia performed market analysis and regulatory due diligence on ACWA Power’s bid for majority holding in the Masinloc power plant. The Philippine’s energy market is a complex mix of wholesale spot market prices and long-term power purchase agreement type contracts. Foreign investors often require expert insight and knowledge to bid appropriately on local infrastructure.
July 18, 2019/by Site Admin

Market Assessment of Investment Opportunities in Jordan

Castalia assessed Jordan’s electricity generation capacity and storage needs between 2020 and 2030, the optimal technology mix for this additional capacity, and where our client could be competitive. An international infrastructure fund manager was looking for investment opportunities in Jordan’s electricity generation sector.
June 26, 2019/by rebecca

We look for candidates who are:

competent

Competent

We are experts in finance, economics, law, and policy applied to infrastructure, natural resources and social service provision. You’re a great fit for us if you can demonstrate excellent technical and analytical abilities, and if you’re willing to learn new skills.

creative

Creative

We’re passionate about solving the infrastructure and resource problems of the world in creative and innovative ways. We’re building a team that is insightful, resourceful and visionary. You’re a great fit for us if you’re a creative problem solver.

consistent

Consistent

Castalia is respected for the quality of our work. We’ve achieved this by being reliable, organized and efficient. You’re a great fit for us if you’re conscientious, reliable and keep your promises.

concientious

Conscientious

We’ve nurtured a culture of excellence, but we’re able to maintain it because our team is made up of disciplined self-starters. You’re a great fit for us if your passion and creativity is matched with discipline, commitment and follow-through.

committed

Committed

It takes focus and hard work to be successful. Solving the world’s most difficult problems is never easy! You’re a great fit for us if you want to put achievement of team goals above personal interests, know how to work in a team, and can persevere through set-backs.

collaborative

Collaborative

Consulting demands a lot from the individual and the team. We are looking for team members who are patient, approachable, good-natured and willing to work with others to solve big problems. You’re a great fit for us if you bring empathy, humility and excellent communication skills and would like to help the team achieve our mission.

Collectively, these are known as our ‘6 C’s’ and they encompass the qualities that lead to success at Castalia.

We look for candidates who are:

competent

Competent

We are experts in finance, economics, law, and policy applied to infrastructure, natural resources and social service provision. You’re a great fit for us if you can demonstrate excellent technical and analytical abilities, and if you’re willing to learn new skills.

creative

Creative

We’re passionate about solving the infrastructure and resource problems of the world in creative and innovative ways. We’re building a team that is insightful, resourceful and visionary. You’re a great fit for us if you’re a creative problem solver.

consistent

Consistent

Castalia is respected for the quality of our work. We’ve achieved this by being reliable, organized and efficient. You’re a great fit for us if you’re conscientious, reliable and keep your promises.

concientious

Conscientious

We’ve nurtured a culture of excellence, but we’re able to maintain it because our team is made up of disciplined self-starters. You’re a great fit for us if your passion and creativity is matched with discipline, commitment and follow-through.

committed

Committed

It takes focus and hard work to be successful. Solving the world’s most difficult problems is never easy! You’re a great fit for us if you want to put achievement of team goals above personal interests, know how to work in a team, and can persevere through set-backs and pain.

collaborative

Collaborative

Consulting demands a lot from the individual and the team. We are looking for team members who are patient, approachable, good-natured and willing to work with others to solve big problems. You’re a great fit for us if you bring empathy, humility and excellent communication skills and would like to help the team achieve our mission.

Collectively, these are known as our ‘6 C’s’ and they encompass the qualities that lead to success at Castalia.

Recruitment FAQs

  • Intern
  • Research Associate
  • Economics and Financial Analyst
  • Senior Analyst
  • Manager
  • Senior Management (Directors, Practice Leaders, CEO/COO/ED)
  • Corporate Services

We’re glad you’re interested in working with us. Please click on the job posting above and start your application.

Once we have screened for candidates, had the informational interview and we’re ready to start with interviews, we aim to have each candidate’s recruitment process completed in 2 weeks.

Informational interview:

This is an introductory interview with someone from the team you’re likely to work with. You have an opportunity to ask questions about Castalia, the work environment and the kind of work you can expect to do. You will also be asked general questions about yourself and your professional education and experience. After this you decide if this is the job for you and if you want to go through our formal assessment process. At this point we also give you feedback on whether we think you’d likely be a good fit for the role.

Team interviews:

These interviews are designed to test your knowledge, based on the position you are applying for. Your understanding and application of finance and microeconomics will be tested if you are applying to be part of our team of analysts. All candidates will have an interview to discuss Castalia’s 6Cs, which is a discussion about our values and the types of candidates we’re looking to hire.

Final interview

The final interview will be with a member from our Senior Management. It will cover all elements mentioned above. Managers and above will have an additional interview with the CEO.

We suggest that you read the following materials in preparation for the interviews. This is what we expect our team to know. If you’re unfamiliar with these concepts and the material, your application is unlikely to be successful.

Interview on microeconomics:

  • Basic Microeconomics, you’d want to brush up by reviewing an introductory microeconomic text book. The interview will typically cover the following areas:
    • Supply and Demand, price formation, market equilibrium
    • Utility maximization, profit maximization, equalization at the margin as a concept
    • Perfect competition model and monopoly models
  • A good Public Finance/Public Economics textbook should cover: these, e.g. Rosen’s textbook:
    • Part 1: Getting Started
      Chapter 1: Introduction
      Chapter 2: Tools of Positive Analysis
      Chapter 3: Tools of Normative Analysis
    • Part 2: Public Expenditure: Public Goods and Externalities
      Chapter 4: Public Goods
      Chapter 5: Externalities
      Chapter 6: Political Economy
      Chapter 7: Education
      Chapter 8: Cost-Benefit Analysis

Interview on finance:

The interview will cover:

  • Financial statement analysis
    • Reading and understanding financial statements (balance sheet, cash flow statements, income statements). You should know the differences, what information can be found on what statement, correct way to record transactions and interpret information from these statements, etc.
    • Calculating and comparing relevant financial ratios
  • Corporate finance – we suggest reviewing:
    • How to value companies including DCFs and calculating present value, WACC and the CAPM model
    • Capital structure and managing risk, financing versus valuation and key differences between debt and equity
  • The Corporate Finance textbook we recommend is written by Myers and Brealey. 

Myers, Brealey. Principles of Corporate Finance (11th Edition). New York: McGraw-Hill, 2014.

  • Part 1: Value
    Chapter 1: Introduction to Corporate Finance
    Chapter 2: How to Calculate Present Values
    Chapter 3: Valuing Bonds
    Chapter 5: Net Present Value and Other Investment Criteria
    Chapter 6: Making Investment Decisions with the Net Present Value Rule
  • Part 2: Risk
    Chapter 7: Introduction to Risk and Return
    Chapter 8: Capital Asset Pricing Model
    Chapter 9: Risk and the Cost of Capital
  • Part 3: Best Practices in Capital Budgeting
    Chapter 10: Project Analysis
  • Part 4: Financing Decisions and Market Efficiency
    Chapter 13: Efficient Markets and Behavioral Finance
  • Part 5: Payout Policy and Capital Structure
    Chapter 17: Does Debt Policy Matter
    Chapter 19: Financing and Valuation

Why choose Castalia?

Interested in learning more?

Interested in learning more?

JIRAMA Power Sector Turnaround, Madagascar

Castalia financial and operational turnaround plan for JIRAMA, the national power utility in Madagascar. JIRAMA was losing around US$160 million per year, and unable to extend service across the country.
October 9, 2019/by Site Admin

Competition Analysis for Merger of the Port of Tauranga and Ports of Auckland, New Zealand

Castalia developed a strategy to gain competition authority approval for a merger between the Ports of Auckland and the neighboring Port of Tauranga. To prevent harmful competition that was leading to wasteful duplication of capacity, the two ports wanted to merge, so they coordinate investment.
October 8, 2019/by Site Admin

Ukraine Launches Concession Tenders for Ports of Olvia and Kherson

Ukraine’s Ministry of Infrastructure has launched the tenders for concessions for the port of Olvia and the port of Kherson. These two transactions are intended to pilot high quality public-private partnerships that both attract private investment and protect the interests of the public sector.
September 23, 2019/by Site Admin

Review of Electricity Retail Competition in Victoria, Australia

Castalia recommended regulatory and policy measures to boost competition in electricity supply for the State of Victoria, Australia. Electricity prices were rising, and with just three companies dominating the market, there were concerns that competition might not be effectively minimizing prices.
July 19, 2019/by Site Admin

Tim Kennedy

July 19, 2019/by Site Admin

Fund Financing Energy Efficiency and Small-scale Renewable Generation, Barbados

Castalia designed the Energy Smart Fund to help households and businesses invest in energy-saving technologies, solar water heaters, and small-scale solar PV systems. The cost of electricity was too high in Barbados. Installing solar systems and energy efficient technologies could help save energy, money, and emissions—but lack of finance made these investments unaffordable for most households and businesses
July 18, 2019/by Site Admin

Business Process Reengineering for PPPs, Indonesia

Castalia identified funding sources to allow Indonesia to fully fund its 2020 to 2024 expressway development program. Castalia identified funding sources to allow Indonesia to fully fund its 2020 to 2024 expressway development program.
July 18, 2019/by Site Admin

Water Sector Restructuring, Oman

Castalia helped the Government of the Sultanate of Oman merge various water providers into three regional utilities, develop business plans, calculate cost recovery tariffs, recommend subsidies, and develop a new regime for economic regulation. We assessed the likely impact of the reform. Oman’s government was spending $447 million each year to provide water services and wanted to reduce public spending on water while expanding service.
July 18, 2019/by Site Admin

Market Analysis and Regulatory Due Diligence on ACWA Bid, Philippines

Castalia performed market analysis and regulatory due diligence on ACWA Power’s bid for majority holding in the Masinloc power plant. The Philippine’s energy market is a complex mix of wholesale spot market prices and long-term power purchase agreement type contracts. Foreign investors often require expert insight and knowledge to bid appropriately on local infrastructure.
July 18, 2019/by Site Admin

Advice to Open Country Dairy on the Regulated Price of Milk

Castalia helped Open Country Dairy prepare submissions to the New Zealand Commerce Commission during annual reviews of the Milk Price Manual (the price setting methodology) and the calculations applying that methodology. Small independent milk processors, such as Open Country Dairy, were unhappy that Fonterra, the largest buyer of raw milk, could raise the price of raw milk by using discretion over certain factors within the price calculation.
July 18, 2019/by Site Admin

Water Utilities Market Mapping

We identified water utilities in Colombia that could benefit finance from the IFC. Many water utilities in Colombia lack access to finance. The IFC was willing to help, but needed to identify suitable candidates for finance.
July 18, 2019/by Site Admin

Otago River Control Scheme, New Zealand

We analyzed the economic benefits of a flood control scheme to determine a fair cost allocation between two regions in New Zealand that are protected by the scheme. One region’s ratepayers were paying an unfair share of the costs for flood control compared to their share of the benefits.
July 18, 2019/by Site Admin