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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 8 July 2025 (for a 7 October 2025 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.

Tim Kennedy

July 19, 2019/by Site Admin

Veronica Lizzio

August 22, 2023/by admin

Lake Remediation Economic Assessment, New Zealand

Castalia showed it was economically justified to invest in cleaning Lake Hayes, and that the economic benefits exceeded the costs of the cleaning options. The local community was increasingly unhappy about the water quality of popular amenity Lake Hayes. Environmental engineers gave the Otago Regional Council three clean-up options, but the Council wanted to know if the money was worth spending.
June 19, 2019/by rebecca

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

February 13, 2024/by 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

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

Management and Operational Reform, Metro Iloilo Water District

We helped the Metro Iloilo Water District (MIWD) assess the condition of water supply and sanitation, and evaluate options to attract finance, improve management, and extend service. MIWD needed to increase capacity and improve water service operations because of rapid urbanization and economic grants.
June 19, 2019/by rebecca

Market Analysis and Regulatory Review on Power Bid

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

Market Assessment of Transmission Opportunities in the USA

Castalia identified four transmission investment opportunities in the US that aligned with our client’s investment profile and criteria, and advised on market dynamics and the different types of privately financed transmission projects. Our client was diversifying its investment portfolio into the contracted energy sector and needed to understand the market for privately-financed transmission in the US.
June 26, 2019/by rebecca

Market Due Diligence on 905MW of Generation Assets, Dominican Republic

Darby’s FINTRA fund was planning to acquire an equity stake in EGE Haina, a generation company that provided around 20 percent of the Dominican Republic’s electricity from a 600MW gas-fired power plant and 305MW of other generation. However, there was substantial uncertainty about the future evolution of the country’s electricity market.
March 3, 2023/by Oxygen Digital

Market Study for Infrastructure Opportunities, Colombia and Panama

Castalia conducted a market study for Conalvías and recommended a strategy to increase market share in four sectors in Panamá. The construction company was looking for infrastructure opportunities in the energy, mining, transport, and water sectors.
October 15, 2019/by Site Admin

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?

Christchurch Airport Price Review, New Zealand

Castalia developed a building blocks model to assess efficient costs of Christchurch Airport’s new terminal. We proposed prices that the airport should charge airlines to recover the cost of the new terminal facility. Christchurch Airport was investing in a new terminal because the number passengers exceeded the capacity of the existing terminal.
October 15, 2019/by Site Admin

Feasibility and Structuring of Ninh Binh—Bai Vot Expressway, Vietnam

Castalia helped the Government of Vietnam assess and structure the country’s first-planned expressway PPP. Slow, congested inter-city roads hindered mobility and development, and fiscal constraints limited options for public funding of highways.
October 15, 2019/by Site Admin

Electricity Market Security of Supply, New Zealand

Castalia advised on the optimal level of security of electricity supply for New Zealand, and how best to achieve it. Variations in rainfall and snow-melt exposed New Zealand’s hydro-dominated electricity system to risk of energy shortages.
October 15, 2019/by Site Admin

Water Resource Regulatory Framework, Philippines

Castalia defined water allocation principles for the National Water Resources Board in the Philippines that were socially acceptable and economically efficient for both urban and agricultural users. The National Water Resources Board (NWRB) is the agency responsible for regulation of water resources in the Philippines. There were no accepted rules for allocating scarce water between different users which was causing tension.
October 15, 2019/by Site Admin

ICT Regulation Toolkit

Castalia developed a Toolkit on Regulation for Competition, Interconnection and Pricing for the International Telecommunications Union. To enable all governments and regulators to draw on lessons of global experience in how to design regulation that promotes inter-connection, competition and efficient pricing for diverse telecommunications services.
October 15, 2019/by Site Admin

World Bank Publishes Study: Mini Grids for Half a Billion People

The World Bank has published Mini Grids for Half a Billion People: Market Outlook and Handbook for Decision Makers, the most comprehensive study on mini grids to date. It provides policy makers, investors and developers with insights on how mini grids can be scaled up to reach universal electricity access by 2030.
October 11, 2019/by Site Admin

Water Sector Regulation Notes

Castalia wrote six explanatory notes on key topics in water supply and sanitation sector regulation to clarify the meaning of key terms, and to provide a foundation for effective regulation. Although policy makers agree that regulation is key to reforming water utilities worldwide, they disagree on the best approach to regulation in various situations. Many lack a clear, consistent, way of thinking about regulatory design.
October 10, 2019/by Site Admin

Standard Management Contract for Water and Electricity Utilities

Castalia developed a standard contract and bidding documents for performance-based management of utilities. Water and electricity utilities in emerging markets often suffer from poor management. A standard utility management contract makes it easier to bring in specialist management teams to turnaround these utilities.
October 9, 2019/by Site Admin

JIRAMA Power Sector Fiscal Management Tool, Madagascar

Castalia developed a fiscal management tool to help the Government of Madagascar monitor and manage fiscal risk in the sector. The government was subsidizing JIRAMA to keep it operating, while the utility was building up arrears and unable to finance much-needed capital expenditure.
October 9, 2019/by Site Admin

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