Six Months Fixed Term Investment Principal - Economic Justice Program. London. Posting Date: 05/09/2019. Deadline: 05/30/2019THE POSITION
The Economic Justice Program (EJP) is looking for an investment professional to support its capital deployment activities in the role of Investment Principal. This role will report to the Director of Investments of EJP. The role can be based in New York or London, and require substantial travel worldwide. The individual would participate in all aspects of the business including identifying potential transactions, evaluating and structuring of equity and debt investments, evaluating the business environment in target countries, evaluating the skills and skill gaps of potential entrepreneurs, assisting in portfolio monitoring efforts, and preparing presentations for internal and external parties.
Priorities for the role include:
- Originate new investment opportunities in line with the EJP strategy
- Screening and structuring investment and grant opportunities in line with EJP priorities
- Participating in all stages of investment execution:
- Preparing detailed financial analysis and modelling
- lead the due diligence process
- working on assigned transactions from concept note stage until final investment recommendation
- Executing post-close value creation initiatives and supports portfolio companies in annual budget development and KPI tracking.
- Undertaking research with a view to ultimately deploying capital in areas related to our theme of Future Shared Economies .
- Engaging with the portfolio companies continuously, including monitoring, governance, operation, financial performance, and the sale or recapitalization of such investments;
- Researches competitive position, market size and industry dynamics
- Ensuring appropriate levels of governance and professional standards are maintained
- Collaborating with colleagues and partners inside and outside the Open Society Foundations, other thematic programs, regional programs and foundations, and the many other departments, units, boards, and entities within OSF
- Remaining up-to-date on the trends, debates, and innovations in the fields of economic development and social-impact investing, and maintaining familiarity with the individuals and organizations that play significant roles in those fields.
- Maintaining knowledge of subject matter
- Flexibility to contribute to other work areas in the program when needed
The successful candidate will combine multiple critical skills: substantive experience in identifying, evaluating, structuring, negotiating and documenting both debt and equity investments, deep knowledge of at least one emerging market region, strong diplomatic skills and a naturally collaborative approach. S/he must come from an investing background and have exceptional diplomatic skills as well as experience of working with and through peers in complex and uncertain stakeholder environments. In addition, s/he should have an understanding of and passion for economic development, and potentially, but not essentially, some experience in impact investing and/or economic development. Interest and intellectual engagement at the intersection of investing and economic development, as well as in the other themes prominent in the mission and work of the Open Society Foundations, will be a great advantage. Familiarity/experience with UK and US CDFI industry preferred.
The successful candidate will be an excellent writer and speaker in English. Proficiency in other languages will be an advantage. S/he must have demonstrated skills as a team player. The candidate should expect to be traveling frequently throughout the world, and will be expected to manage responsibilities across substantial distances and collaborate internationally.
Competitive rates of pay apply.
We are strengthened by the diversity of our colleagues across the Open Society Foundations. We welcome applications from people of all cultures, backgrounds, and experiences, and are committed to providing reasonable adjustments so that colleagues with disabilities are able to fulfill the essential functions of the job.