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We’re building a team that is passionate about thinking for a better world

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 13 January 2025 (for a 24 March 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.

All 12 /Blog 0 /Journeys 0 /News 0 /Projects 12

Regulatory and Financial Due Diligence on 2,459-mile Natural Gas Pipeline, Colombia

The Ontario Teacher’s Pension Plan needed regulatory and financial due diligence on TGI, the largest natural gas company in Colombia, to inform its decision to bid for a controlling interest in the company.

March 2, 2023/by Oxygen Digital

Regulatory and Monitoring Framework for Small Private and Community Based Water and Sewerage Providers

Castalia proposed a new regulatory framework for small private and community-based water and sewerage service providers in Jamaica. After Jamaica’s water sector was liberalized, small water and sewerage service providers developed in communities that previously lacked access to piped water supply and sewerage and sprang up to serve new housing developments and resorts. However, the water regulator did not know how best to regulate these newly created entities.

June 29, 2019/by Site Admin

Regulatory Due Diligence for Oil Pipeline Purchase, Colombia

I Squared was interested in purchasing an equity stake of in oil pipeline owned by Oleoducto Central S.A. (OCENSA), a midstream subsidiary of ECOPETROL, the national oil company. The pipeline connects Colombia’s most prolific oil basins with the country’s main crude oil export terminal and acts as a gateway to the country’s largest refineries. The investor needed to understand the revenue model and regulatory risk as part of its due diligence.

March 2, 2023/by Oxygen Digital

Regulatory Framework for Sangster Airport Privatization, Jamaica

Castalia advised on a regulatory structure and price control formula so that Jamaica’s Sangster International Airport could be concessioned to a private operator. Jamaica wanted to bring in private capital and management to improve the airport at Montego Bay, and needed a regulatory regime to control pricing after the concession was let.

May 26, 2019/by Kelly Sutherland

Regulatory Reform of Water Sector Victoria, Australia

We advised on how regional public water utilities the State of Victoria, Australia, could be regulated by the Essential Services Commission. We advised on how regional public water utilities the State of Victoria, Australia, could be regulated by the Essential Services Commission. The Victoria Department of Natural Resources and the Environment was concerned that regional water utilities posed risks, both in terms of water quality, and future budgetary demands.

July 18, 2019/by Site Admin

Regulatory Reform to Optimize Investment in Battery Storage and Other Emerging Technologies, New Zealand

Castalia proposed new regulatory approaches to promote optimal investment in disruptive energy sector technologies such as battery storage by electricity distribution companies. Emerging technologies in the energy sector have resulted in the line between competitive markets and monopolies being blurred, leading to an outdated regulatory framework that was hindering investment in the new technologies.

June 21, 2019/by sophie

Renewable Energy Arbitrations Against the Kingdom of Spain

Castalia undertook case studies of international experience to determine if the market reform that the Kingdom of Spain had commenced breached investors’ legitimate expectations about protection of their returns. When the electricity sector was in crisis in 2012, Spain pursued wide-ranging reforms. Solar PV IPPs claimed that these reforms breached bilateral investment treaties.

October 23, 2019/by Site Admin

Review of Capital Expenditure Guidelines for Electricity Distributors, Australia

Castalia showed how Australian Energy Regulator’s guidelines for capital expenditure reviews would increase risk for distribution businesses. Five private electricity distribution companies wanted to be sure the new guidelines embodied best regulatory practice.

October 16, 2019/by Site Admin

We look for candidates who are:

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

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

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.

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

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

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.

Meet our successful team

We look for candidates who are:

Competent

Creative

Consistent

Conscientious

Committed

Collaborative

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

Meet our successful team

Recruitment FAQs

What positions do you recruit for at Castalia?

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

I want in. What now?

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

I’ve submitted my application. What now?

How long does the recruitment process take?

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.

What does the interview process entail?

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.

How can I prepare for the interviews?

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?

Solve complex problems

The problems we solve will give you unparalleled industry knowledge and experience.

Although we can’t offer the salaries that investment banking and top-tier strategy consultants earn, you’ll be hard-pressed to find more interesting projects, or get more hands-on experience.

Make a difference in the world

The expertise, knowledge and professionalism of our people is our calling card.

Their collective intelligence and integrity have earned Castalia its reputation as a trusted strategic advisor and partner who delivers high-quality solutions and can solve any problem.

Look at the projects on our website and you’ll see that the work we do impacts lives and makes the world a better place. If you join our team you will be part of the solution, and part of an organization that is always thinking for a better world.

Professional growth opportunities

We take the development of our team very seriously. We want to close competency gaps and prepare employees for growth within and after Castalia.

Our goal is to provide a platform for you to acquire the knowledge, skills and competencies you need to reach your full potential.

Our development strategy drives our annual and semiannual reviews, professional development plans and has led to the development of a defined promotion path. Our detailed job matrix ensures transparency and our promotion path identifies the criteria that needs to be reached at each level for a team member to be promoted.

Work with a multi-national team

There are over 20 nationalities at Castalia and we speak 25 languages.

We enjoy working together because of our diverse backgrounds and approaches to life. These attributes help us bring unique perspectives and creative solutions to our clients.

At Castalia you’ll make friends for life. Don’t be surprised if you find yourself traveling the world together or visiting one another abroad. Alumni talk about our unique team dynamic for years after leaving Castalia. We value the culture we’ve nurtured, and we create opportunities to grow together.

International travel opportunities

You get to see the world in a way a tourist never will.

When you have the opportunity to travel for a project, you’ll meet directly with clients, and in many cases learn from them about their culture, heritage and country. We pride ourselves on building strong, long-term relationships with our clients, and time spent together with them on location is often the foundation for these relationships.

Our team members travel from the smallest of islands, to the world’s biggest cities and countries. From the west coast of South America, to the far eastern shores of Australasia and the Pacific islands, we have worked in 144 countries. We love the rich cultural heritage of Africa, we are in awe of the infrastructural development taking place in Asia and the Middle East, and we’re always keen to see the crystal blue waters of the islands of the Caribbean. Don’t ask us to pick a favorite!

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