Position: Project Analyst, Texas Infrastructure Fund; Full-Time; Based in San Antonio, TX, or Remote

Who We Are

The Water Finance Exchange (WFX) is a partnership between federal and state stakeholders, communities, philanthropy, and the financial sector to address the funding shortage of water infrastructure projects for thousands of American communities. A 501(c)(3) not-for-profit, WFX is comprised of a team of water and finance professionals devoted to supporting communities across the U.S. reach sustainable water infrastructure solutions, encompassing economic, public health, and environmental needs.

Our model is to provide neutral, third-party expertise to develop water solutions for small and underserved communities from the ground up, rather than top-down. We work at a local level together with communities to provide support to reach sustainable water solutions while providing accessible financing opportunities to remove roadblocks that prevent projects from launching.

WFX believes it can support the efforts of small, rural, and disadvantaged communities to access funding by assembling the best expertise, building trusted relationships with communities, completing projects, and disseminating information about recurring issues and solutions that allow for scaling-up funding of similarly situated communities and regional initiatives. WFX aims to serve as a national platform to accelerate the adoption of best practices, increase the ability of smaller communities to access financing, and close the water infrastructure equity gap across the country.

Launched in 2020, WFX has created a pipeline of community water infrastructure project opportunities and is expanding its efforts to match the new federal and state investments in water infrastructure.

As part of its growth, WFX is seeking to add a full-time Project Analyst, Texas Infrastructure Fund to its core team.

Job Summary

WFX is seeking a Project Analyst, Texas Infrastructure Fund to assist in supporting communities in Texas that are working to implement sustainable infrastructure solutions. WFX continues to increase its footprint in Texas and this staffing position would work directly with WFX’s Director of Texas Infrastructure Fund, as well as the Senior Advisor team.

The new hire will work closely with the WFX leadership to build its project pipeline, analyze, and conduct due diligence on prospective deals within target communities. 

This position is responsible for communicating with community and leaders, conducting outreach with partner organizations, and providing technical assistance support services to communities in partnership with WFX’s internal support team. This can include routine and complex financial and economic information and issues pertaining to water utilities, such as rate and affordability analysis for smaller utilities.  In addition, the position will focus on project development, financial feasibility analysis, risk management assistance, restructuring, portfolio management, and programmatic assistance.

The work performed by this position involves analyzing financial information that requires critical thinking and independent judgment.  Projects will involve working both independently and collaboratively as part of a multi-disciplinary team. 

The ideal candidate will have recently completed a BA or BS degree and should be self-determined, motivated, and enthusiastic about learning and advancing his/her career.  We are a small team; therefore, the Texas, Project Analyst should be capable of taking on a high degree of responsibility. WFX’s has a satellite office in San Antonio, Texas, but the majority of the team works remotely.


Key responsibilities include the following:

  • Lead and conduct direct outreach to communities in Texas to market WFX’s technical assistance and pre-development services. Serve as main point of contact for engaged communities
  • Build and maintain partnerships with deal sources, such as municipal groups, state agencies, and other partners
  • Engage communities and conduct first due diligence assessments of communities
  • Serve as technical assistance support, coordinating services for communities and working with WFX Team and Partners to provide external expertise
  • Build and maintain community trust and relationships at a variety of levels in a community, including city staff, political leaders, utility managers, and engineers
    • Conduct financial due diligence and research various municipal, private, and corporate entities in the water sector. 
    • Assist in audit/regulatory compliance reviews, including reviewing the terms of loan agreements, verifying that deal targets submit paperwork in a timely manner.
    • Assist with financial modeling by entering data, reviewing models, calculating financial ratios, and building sensitivity scenarios. 
    • Assist in the development, maintenance, and enhancement of screening processes and decision-making procedures and tools.
    • Assist staff with administrative or organizational tasks.

Minimum Requirements

  • Must have an undergraduate (bachelor’s) degree, preferably in Finance, Accounting, or Economics.
  • 3-5 years of experience in relevant sectors of finance, public utilities, or municipal governance.
  • Proficiency in MS office programs (Word, Excel, PowerPoint).
  • Strong writing and editing skills, including comfort working with long technical reports.
  • Enthusiasm and willingness to learn.
  • Attention to detail and an ability to work on multiple projects simultaneously.
  • Intellectual flexibility and adaptability for working a wide range of industries and assignments.
  • Spanish language skills strongly preferred.


  • Graduate degree (MA, MS, and/or MBA) in Economics or Finance.
  • At least 1-2 years of experience in municipal government, financial sector or the water supply and sanitation sector.
  • Knowledge of the State Revolving Funds and other infrastructure funding sources.


This is a full-time position based at our office in San Antonio, TX or remote.  Salary commensurate with experience.  WFX offers a competitive benefits package that includes vacation and sick leave, and reimbursement for a comprehensive health plan.

How to Apply

Applicants should submit the following to info@waterfx.org

  • A cover letter of qualifications;
  • Resume (applicant may be asked to follow-up with professional references); and,
  • Writing samples demonstrating experience preparing formal technical documents, such as memoranda, or reports with respect to finance or economic issues.