About the Job
Accion is a global nonprofit committed to creating a financially inclusive world, with a pioneering legacy in microfinance and fintech impact investing. We catalyze financial service providers to deliver high-quality, affordable solutions at scale for the three billion people who are left out of – or poorly served by – the financial sector. For more than 50 years, Accion has helped tens of millions of people through its work with more than 90 partners in 40 countries. More at http://www.accion.org.
About Accion Global Investments:
Accion Global Investments invests in established financial services providers (FSPs) that support underserved micro entrepreneurs, families, and individuals in emerging markets. Over more than twenty years, we have founded, invested in, and helped operate some of the world’s leading microfinance institutions and innovative financial service providers, building demonstration models for the market and catalyzing the capital markets to transform financial services for the underserved. In today's rapidly changing digital environment, we are also focusing on building the leading digital banks of the future, in turn reaching more clients, even faster. We work closely with Accion’s digital advisory services group, Global Advisory Solutions, and Accion’s regional teams to provide strategic and operational support to our portfolio companies, with the goal of developing commercially sustainable businesses that realize social and financial returns.
The Senior Investments Officer will be a key member the Accion Global Investments team, bringing expertise in investing in regulated financial institutions that are developing innovative digital financial services as well as operational knowledge of how financial services providers can leverage technology to scale. The candidate will work closely with Accion’s Global Advisory Solutions team to help develop digitization strategies for companies and will liaise with company boards and management teams to ensure alignment on Accion’s company engagement and digital strategies.
Identify equity investment targets, lead deal execution and help manage equity investment portfolio;
Represent Accion on portfolio company boards;
Work in partnership with the Global Advisory Solutions to develop digitization strategies for portfolio companies; track and measure Accion engagement value creation to produce measurable results;
Provide strategic support for portfolio companies, such as developing suitable alliances, raising new debt and equity, and providing input on strategic digitization initiatives;
Develop strong relationships with key co-investors to lead investor syndicates;
Prepare detailed financial models, projections, and valuations to analyze equity investment opportunities;
Develop exit strategies and pipeline of potential investors for portfolio companies;
Lead responsible commercial exits.
10+ years of work post college experience with significant time working in emerging markets and financial services
Masters level degree
Experience identifying investments, negotiating transactions and managing investments in emerging markets;
Experience in influencing board and management strategies;
Experience in developing digital strategies for financial inclusion;
Deep understanding of financial service providers / financial technology operations;
Due diligence and analytical experience to identify commercially sustainable investments;
Ability to create a strong network of relationships among peers, internal partners, external constituencies and decision makers to deliver end-products;
Excellent communication and interpersonal skills, willingness and ability to work across all levels of organization. Proven experience in developing senior executive presentations and communications;
Strong oral and written communication skills in English required, other languages a plus;
Ability to work independently while working with a global team;
Cultural sensitivity with ability to interact effectively with colleagues from diverse backgrounds and multi-cultural environments;
Travel is required (ranging from 30%- 50%)
Interested in our mission and working globally.
Willingness to embody our values of excellence, respect and passion for social change.
Excellence: Accion staff should always put forth their best effort in all activities, strive for high quality of collective and individual performance; and demonstrate honesty and integrity at all times while in the workplace and while working on behalf of the organization.
Respect: Accion staff should value one another’s roles and responsibilities as much as their own, be encouraging, and value the diverse and unique perspectives of colleagues. They should honor obligations and commitments to each other and to external partners.
Passion for Social Change: Accion staff should be committed to making a difference in the lives of those less fortunate, value the greater good of the organization over personal gain, and promote a productive workplace by acknowledging the accomplishments of others.
Accion is a global nonprofit committed to creating a financially inclusive world, with a pioneering legacy in microfinance and fintech impact investing. We catalyze financial service providers to deliver high-quality, affordable solutions at scale for the three billion people who are left out of – or poorly served by – the financial sector. For more than 50 years, Accion has helped tens of millions of people through its work with more than 110 partners in 50 countries. More at http://www.accion.org.
About Accion Global Investments: The Accion Global Investments team makes equity investments in financial service providers that support micro-entrepreneurs and underserved populations in developing countries.
Global Investments’ strategy is to take significant minority stakes in financial inclusion businesses and work closely with Accion’s Chief Regional Officers and the Global Advisory Solutions team to provide capital, strategic and operational support to develop sustainable companies and deliver both commercial and social returns. Our combined Global Investments and Global Advisory Solutions team interventions incorporate a deep understanding of financial inclusion business models, customer needs and help our partners capitalize on the value of their data, leveraging technology and automation to transform their business processes, and reach their customers through the most cost-effective and convenient digital channels, lowering costs and increasing quality at scale.
Global Investments manages a portfolio of 18 companies across Latin America, Asia and Africa. We also work closely with our seed stage fintech for financial inclusion investment group (Accion Venture Lab) as well as our growth stage fintech for financial inclusion fund (Accion Frontier Inclusion Fund, managed by Quona Capital).
More at https://www.accion.org/how-we-work/invest/accion-global-investments/