Investment Associate Job at Accion Venture Lab


Accion Venture Lab is an Accion-sponsored initiative to invest in and support seed-stage financial inclusion enterprises, catalyzing innovation in financial inclusion and enhancing the way financial services are delivered to the poor. Venture Lab focuses on companies that are post-R&D but have
not yet proved their concept or achieved meaningful revenue traction, filling the support void for seed-stage companies. Venture Lab focuses on investment opportunities in Latin America, Africa and India but remains globally opportunistic, leveraging Accion’s global footprint and 50-year experience investing in and building financial services business in emerging markets.


Accion Venture Lab is recruiting to fill the position below:


Job Title: Investment Associate - West Africa
Locations: Nigeria
Job Descriptions
  • We are currently recruiting an Investment Associate, who will be based in West Africa (Accra or Lagos).
  • S/he will report to the Senior Investment Officer of Africa for Venture Lab and will support all aspects of Venture Lab, including deal sourcing, analysis/diligence, transaction closing/process management, and post-investment support to investee companies.
  • The role will be highly entrepreneurial, spanning emerging market venture investing, consulting/management, and entrepreneurship, with a focus on cutting edge innovation in financial inclusion.
  • We are particularly interested in candidates with experience living and working in West Africa, working with social enterprises, venture capital investing, or financial inclusion and technology businesses.
  • We are looking for someone available to start by November 2016.
Responsibilities
  • Venture Investing: Provide support on the identification and assessment of new investment opportunities, including completing prescreening analysis, conducting background research and financial modeling, and collecting/analyzing diligence documents.
  • Operational Support: Assist with the management of deal roster/deal log on Salesforce, coordination of documentation and data rooms (as necessary), process improvements to enhance internal effectiveness and productivity, and liaising with internal and external partners on matters such as financial reporting, budgeting, legal compliance, and HR.
  • Create, track and analyze internal metrics related to investment performance and social impact.
  • Knowledge Sharing: Research and development of thought pieces around key themes or sectors, sharing learnings within Accion and via blogs / social media.
  • Lead prospecting and strategy formulation for our global investments (with the potential to “own” on a region of interest), including market research, sourcing, building referral network, defining engagement model, and liaising with in-country-based Accion staff
  • Portfolio Support: Provide portfolio management support to investee enterprises, including (as applicable) creation of a business plan, financial modeling, strategy, lead generation/prioritization, introductions/connections, fundraising, and leveraging Accion resources and expertise to benefit the investee.
Qualifications
  • Minimum 3 years relevant experience across technology, management consulting, venture capital, private equity, investment banking, and/or marketing.
  • Bachelor's Degree required; MBA preferred.
  • Domain expertise in financial products or services (in particular for the underserved), especially innovative or disruptive technology, products or delivery channels preferred.
  • Exceptional written and oral communication and presentation skills.
  • Ability to communicate data and insights in a structured fashion.
  • Fluency or familiarity with West Africa. Experience working and/or living in the region is a plus. Language skills beyond English are a plus.
  • Demonstrated versatility, with the ability to work seamlessly between headquarters and the field.
  • Willingness to embody our values of excellence, respect and passion for social change.
  • Passion for entrepreneurship and market-based solutions to poverty.
  • Strong strategy, research and analysis skills and intrinsic business acumen. Advanced computer/web skills including Word/Excel/Powerpoint, Salesforce, and social media preferred.
  • Ability to thrive in a dynamic, high performing team environment and ability to work effectively with individuals from diverse backgrounds.
  • Experience working in or with start-ups or growth-stage enterprises.
  • Outstanding relationship management skills and ability to earn the respect of Accion colleagues, investors and enterprises. Existing network within impact investing, VC or financial inclusion a plus.


How to Apply
interested and qualified candidates should:
Click here to apply