Private Equity Senior Investment Officer – Specialty Finance at Women's World Banking

31 October, 2018

 

 

 

Private Equity Senior Investment Officer – Specialty Finance


Women’s World Banking is the global leader in women’s financial inclusion. Rooted in its deep understanding of the women’s market, Women’s World Banking tackles financial inclusion in three interconnected ways: first, by partnering with financial services providers to develop scalable market-driven solutions; second, through its gender-lens private equity fund; and, finally, because diverse institutions are proven to be stronger, Women's World Banking builds institutional capacity through leadership and diversity programs. Through this holistic approach and the organization’s global reach of 49 institutions in 32 countries, Women’s World Banking accelerates economic opportunity for low-income women and growth for financial service providers in the emerging markets.

Women’s World Banking Asset Management (WAM) is a wholly-owned subsidiary of Women’s World Banking, Inc., headquartered in New York City.  It manages the Women’s World Banking impact investment program, including a co-managed USD 50M private equity fund, WWB Capital Partners, LP. WAM is currently fundraising for a second fund, WWB Capital Partners II (“WWBCP II” or “the Fund”) which will be solely managed by WAM and is expected to be a $100 million Ontario based blended finance limited partnership, with a dedicated, grant-funded side-car technical assistance program. WWBCP II will make direct minority equity investments ranging between $1 – $15 million in high-performing, women-focused inclusive finance institutions worldwide, and will provide technical assistance to improve client and staff gender diversity, in accordance with the impact investment program established by Women’s World Banking.

ABOUT THE JOB:

WWB Asset Management (WAM) is seeking an experienced, highly motivated Senior Investment Officer (“SIO”) with strong private equity experience in specialty finance sectors – such as fintech, insurance, agriculture finance, education finance or housing finance – to join its impact investment team. Experience within the African financial sector is strongly preferred. The SIO will be responsible for sourcing, structuring, closing and monitoring investments in inclusive financial service providers focused on women. The SIO position to be located in an African capital city, (Asian capital city may be considered) and will report directly to the Chief Investment Officer (“CIO”).

Tasks and Responsibilities:

  • Source investment opportunities in line with the objectives of WWBCP II, with a specific focus on specialty finance sectors such as micro-enterprise finance, small business finance, housing finance, micro-insurance, fintech and smallholder agri-finance located in Sub-Saharan Africa, Middle East and North Africa (MENA), South and Southeast Asia.
  • Conduct initial vetting of pipeline opportunities against the Fund’s investment criteria.
  • Gather data, analyze financial statements, prepare initial valuation analyses and draft first stage investment proposals on vetted opportunities to determine suitability for on-site due diligence.
  • Prepare and defend first stage proposals to the first stage committee.
  • Conduct on on-site due diligence on Fund investment opportunities together with at least one other WAM investment officer, either as lead or as second, to gather further information and undertake risk assessments. Manage deliverables of technical consultants, if any, accompanying the due diligence team.
  • Perform valuation analyses, prepare and defend investment proposals as a team to the Investment Committee.
  • Negotiate transaction terms and review transaction documents as team lead or second.
  • Monitor and manage portfolio of investments.
  • Advocate for and oversee delivery of Women’s World Banking technical assistance to improve client and staff gender diversity.
  • Prepare financial and social performance reports on portfolio companies.
  • Identify exit opportunities for investments and lead or support exit process.

Qualifications

  • Minimum six to nine years of private equity experience with proven success; preferably across different African or Asian countries.
  • Familiarity with operation and regulation of financial institutions; preferably with experience in one or more of the following sectors: housing finance, insurance, fintech, smallholder agri-finance.
  • Bachelor’s degree in Accounting, Finance, Economics or related major; an MBA or Master in Economics/Finance is preferred.
  • Excellent financial modeling capabilities and the ability to support multiple projects with a keen attention to detail.
  • Demonstrated negotiation and transaction documentation management skills.
  • Demonstrated ability to effectively communicate in written and verbal form, and familiarity with Microsoft Office Suite.
  • Multi-lingual – English required; French strongly preferred, Arabic, African or Asian languages a plus.
  • Strong interpersonal, problem solving, analytical and troubleshooting skills.
  • Self-motivated, self-directed with a positive attitude.
  • Strong work ethic appropriate for a small, fast-paced, team-oriented organization.
  • Passion for inclusive finance and women’s empowerment.
  • Willing to travel 30-35 percent of the time throughout Africa or Asia, plus two to four visits to New York per year.

Click here to apply.

 

Women’s World Banking is the global leader in women’s financial inclusion. Rooted in its deep understanding of the women’s market, Women’s World Banking tackles financial inclusion in three interconnected ways: first, by partnering with financial services providers to develop scalable market-driven solutions; second, through its gender-lens private equity fund; and, finally, because diverse institutions are proven to be stronger, Women's World Banking builds institutional capacity through leadership and diversity programs. Through this holistic approach and the organization’s global reach of 49 institutions in 32 countries, Women’s World Banking accelerates economic opportunity for low-income women and growth for financial service providers in the emerging markets.

Women’s World Banking Asset Management (WAM) is a wholly-owned subsidiary of Women’s World Banking, Inc., headquartered in New York City.  It manages the Women’s World Banking impact investment program, including a co-managed USD 50M private equity fund, WWB Capital Partners, LP. WAM is currently fundraising for a second fund, WWB Capital Partners II (“WWBCP II” or “the Fund”) which will be solely managed by WAM and is expected to be a $100 million Ontario based blended finance limited partnership, with a dedicated, grant-funded side-car technical assistance program. WWBCP II will make direct minority equity investments ranging between $1 – $15 million in high-performing, women-focused inclusive finance institutions worldwide, and will provide technical assistance to improve client and staff gender diversity, in accordance with the impact investment program established by Women’s World Banking.

ABOUT THE JOB: 

WWB Asset Management (WAM) is seeking an experienced, highly motivated Senior Investment Officer (“SIO”) with strong private equity experience in specialty finance sectors – such as fintech, insurance, agriculture finance, education finance or housing finance – to join its impact investment team. Experience within the African financial sector is strongly preferred. The SIO will be responsible for sourcing, structuring, closing and monitoring investments in inclusive financial service providers focused on women. The SIO position to be located in an African capital city, (Asian capital city may be considered) and will report directly to the Chief Investment Officer (“CIO”).

Tasks and Responsibilities:

  • Source investment opportunities in line with the objectives of WWBCP II, with a specific focus on specialty finance sectors such as micro-enterprise finance, small business finance, housing finance, micro-insurance, fintech and smallholder agri-finance located in Sub-Saharan Africa, Middle East and North Africa (MENA), South and Southeast Asia.
  • Conduct initial vetting of pipeline opportunities against the Fund’s investment criteria.
  • Gather data, analyze financial statements, prepare initial valuation analyses and draft first stage investment proposals on vetted opportunities to determine suitability for on-site due diligence.
  • Prepare and defend first stage proposals to the first stage committee.
  • Conduct on on-site due diligence on Fund investment opportunities together with at least one other WAM investment officer, either as lead or as second, to gather further information and undertake risk assessments. Manage deliverables of technical consultants, if any, accompanying the due diligence team.
  • Perform valuation analyses, prepare and defend investment proposals as a team to the Investment Committee.
  • Negotiate transaction terms and review transaction documents as team lead or second.
  • Monitor and manage portfolio of investments.
  • Advocate for and oversee delivery of Women’s World Banking technical assistance to improve client and staff gender diversity.
  • Prepare financial and social performance reports on portfolio companies.
  • Identify exit opportunities for investments and lead or support exit process.

 Qualifications

  • Minimum six to nine years of private equity experience with proven success; preferably across different African or Asian countries.
  • Familiarity with operation and regulation of financial institutions; preferably with experience in one or more of the following sectors: housing finance, insurance, fintech, smallholder agri-finance.
  • Bachelor’s degree in Accounting, Finance, Economics or related major; an MBA or Master in Economics/Finance is preferred.
  • Excellent financial modeling capabilities and the ability to support multiple projects with a keen attention to detail.
  • Demonstrated negotiation and transaction documentation management skills.
  • Demonstrated ability to effectively communicate in written and verbal form, and familiarity with Microsoft Office Suite.
  • Multi-lingual – English required; French strongly preferred, Arabic, African or Asian languages a plus.
  • Strong interpersonal, problem solving, analytical and troubleshooting skills.
  • Self-motivated, self-directed with a positive attitude.
  • Strong work ethic appropriate for a small, fast-paced, team-oriented organization.
  • Passion for inclusive finance and women’s empowerment.
  • Willing to travel 30-35 percent of the time throughout Africa or Asia, plus two to four visits to New York per year.

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