Principal Consultant, Technical Due Dilligence

Contract duration: Permanent

Salary: Completive plus benefits

Location: Mumbai/Gurgaon, India

*This role is open to candidates currently residing in Gurgaon and open to relocation to Mumbai, or currently in Mumbai open to temporary relocation to Gurgaon

About Steer

Steer is an international transport consultancy at the forefront of transport planning and city-shaping. We are an independent multi-disciplinary consulting firm with over 600 staff internationally and a strong portfolio of work across the world. We offer a unique range of skills, expertise and knowledge advising clients on a local and global basis and delivering projects engaging the company’s economics, technical, commercial, highways, rail, aviation and strategy/economics capabilities.

Over the past 30 years our Infrastructure Team has worked on a majority of privately funded infrastructure schemes across the world. During this time, we have been involved with all sides of the procurement process – for bidders, sellers and governments – on over 600 projects (including toll roads, airports, navigation locks and urban transit) with a combined value of over $65 billion achieving financial close over the past 5 years. Our efforts have been recognised by the wider industry. We have been ranked 1st in the world in the ‘Global Technical Advisory League Tables’ (Inframation/Infra Deals) for consecutive 3 years (2018, 2019 and 2020) in terms of number and value of total transactions in the transport infrastructure sector, as well as having won several Project Finance International (PFI) awards (2020: ‘Europe PPP Deal of the Year’ for the A465 Sections 5&6, and ‘Europe M&A Deal of the Year’ for the Brisa Acquisition). We provide a full range of advisory services in the infrastructure market, from feasibility stage to bid support, offering independent Traffic and Technical Due Diligence services to Sponsors, Lenders and Investors

About the Role

Steer is seeking to fill an opening in its India offices for a Principal Consultant with prior transportation transaction advisory and project management experience. Candidates for this position should be highly motivated with a strong capability for critical thinking, a broad range of quantitative research and analysis skills, considerable proficiency using software packages and a particular interest in transportation. This position will be based in our Infrastructure Technical Due Diligence team, and will support the team delivering technical advice to our Clients on potential risks and opportunities for the purpose of financing, acquisition and disposal of major infrastructure assets across the world. We are looking for people with experience and/or an interest in Infrastructure Project Financing, Mergers and Acquisitions, Technical and Commercial Risk Assessment, and, in general, the development of infrastructure projects.

The India office of Steer has been successfully operating for 8 years. We offer a small office environment and the possibility to work on a wide variety of high-profile transportation projects including transaction advisory.

The candidate will have the exciting opportunity to develop a portfolio of new clients within infrastructure transaction market and to support expanding business. He/she will be expected to work effectively with project teams across our international offices and be able to travel in India and overseas if required. Fluency in English and strong communication skills are essential.

Key Accountabilities:

• Service delivery – supporting and/or leading and delivering Technical Due Diligence Advisory services for Concessionaires, Investors and Lenders across the world, and effective communication, internally and with clients
• Project Management of multi-disciplinary teams - typically comprising a mix of skills, competences and cultures from different parts of the world, coupled with external Industry Specialists as required. Each project team size varies depending on the scope and scale of projects and clients’ requirements. Manage and deliver successful projects (time, cost, quality) as Project Manager.
• Business development – including building internal and external networks, initiating the development of new services/expanding the TDD into new asset types and/or geographical areas, developing meaningful client relationships, and originating/supporting and handling preparation of effective, high-quality proposals
• Lead and/or support with the preparation of clear and concise reports and/or presentations, with information structured to meet the needs of the clients and of the audience
• Conduct thorough site visits, for construction and/or operation and maintenance monitoring purposes, detailed technical due diligence of pavements and structures, and survey monitoring
• Deliver effective proposals and engage in business development, in order to support work winning for the team.
• Proven ability in leading transaction advisory projects to a successful conclusion
• Experience in freight/port/airport transactions will be an advantage.
• Commercial due diligence experience of transport transactions

Work Environment

All Steer employees seeking a full-time opportunity are encouraged to spend 60% of their time either in office or on-site with clients. Hours, expectations, and exemption status will be adjusted for any applicant seeking a part-time opportunity.

Compensation

Steer is committed to ensuring that all its employees are compensated a fair, competitive wage. All initial compensation, regardless of location, may be subject to change as skills, abilities, internal equity and geographic location are taken into account.

In addition to base salary, all employees will be eligible for an annual discretionary performance bonus. Please review the benefits section for more information on total reward.

Steer reserves the right to ultimately pay more or less than the posted range and offer additional compensation.

Requirements

Candidates will:

• Have relevant prior transportation and infrastructure transaction advisory work experience spanning 7 to 12 years, preferably having advised private sector clients in technical studies.
• Be educated to degree level from one of the following disciplines – Civil Engineering, Transportation Engineering, Transport Planning, Bsc/Msc, or other numerical or transport-related subject.
• Ideally hold an Master’s degree in a relevant discipline, but this is not essential;
• Have demonstrable project management experience including the ability to deliver high quality, profitable work within project deadlines.
• Have thorough knowledge of national technical recommendations, IRC codes, and their applications.
• Have strong skills in data cleaning and analysis across a range of software packages (e.g. MS Excel, Stata, SPSS, R).
• Will need to travel for project sites to ensure thorough reconnaissance and survey monitoring.
• Have strong communications skills including:
• experience in communicating effectively with clients.
• the ability to back up opinions with well-constructed, evidenced arguments; and
• the ability to confidently explain complex analysis to non-specialists via reporting and presentations; and

• Have experience of delivering successful projects, across a range of transport transactions and geographies
• Must be legally authorized to work in India without the need for employer sponsorship, now or at any time in the future

Benefits

For our full-time employees, we offer a competitive package of benefits including private medical insurance, ability to buy and sell annual leave, Employee Assistance Program, an Employee Provident Fund contribution and a discretionary yearly bonus based on annual compensation (dependent upon individual and company performance).

Steer is an equal opportunity employer and welcomes all candidates regardless of race, color, ancestry, gender identity or expression, religion, national origin, sexual orientation, age, citizenship, marital status, disability, Veteran status, or any other legally protected status. Any other human expressions and experiences not mentioned here are equally welcome.

In our commitment to inclusivity in the workplace, Steer has welcomed the creation of various Employee Resource Groups, dedicated to ensuring the support, progression, and well-being of all employees. For more information, check out our social responsibility page Our social responsibility | Steer (steergroup.com).

Our evaluation processes are designed around merit and capability.  We don’t select people on the prestige of their educational establishments or other background information.  Our interviewers are trained on how to manage selection processes fairly and without bias, and to conduct processes which do not selectively appeal more to one or more demographic to the detriment of any others.

We understand that some may be dissuaded to apply based off their compatibility with the job description. That being said, we understand that not everyone is a perfect match on paper and encourage anyone to apply regardless of how much their work experience directly relates to the job description.