As part of the GIIN’s mission to accelerate the scale and effectiveness of impact investing, we publish job openings from members of the GIIN Investors’ Council and other impact investing leaders.

Impact Management Associate, Cross cutting with Infrastructure & Climate focus

at CDC Group in London, UK

About the Job

The Impact Management team is going through a period of growth. We are currently hiring for an Associate within our cross-cutting team with a focus on Infrastructure & Climate.

Team and role overview


CDC’s Development Impact Management team is market-leading and provides technical leadership to assess, manage and evaluate the impact of our investments. CDC’s objective is to push the boundaries in impact management within a world-class impact framework. So we take an active approach to impact management, utilising an impact management framework based on the Impact Management Project’s consensus and the Operating Principles for Impact Management.

Our impact professionals work working side by side with our investment teams to actively manage the impact of every investment we make. This approach is designed to create deals teams with the professional capability and expertise to reflect our mandate to improve people’s lives and protect the planet.

CDC’s Development Impact Management team is made up of 14 people and operates a matrix structure of Leads organised by sector and regions (e.g Financial Services, Infrastructure & Climate, South Asia) supported by other team members, some of which are sector experts and others who work across products, sectors and regions.


The role is focussed on ensuring effective and high-quality impact management consistent with CDC’s Impact Framework across products and sectors, but with a particular focus on the Infrastructure & Climate portfolio. Specific responsibilities will be driven by priorities and the dynamic needs of the team at the time, but are expected to include the following:

  • Delivering impact management activities across products and specifically for the sectors within the Infrastructure and Climate team. The role is expected to work flexibly and have ownership of transactions across products and sectors, supporting and collaborating with Sector Leads as required. This includes:

    1. Assessing development impact as part of the investment due diligence process. Working seamlessly with investment team colleagues to inform the investment decision and define the impact objectives and appropriately escalating issues.
    2. Developing a high-quality development impact dashboard for each investment based on the Impact Management Project’s consensus which will involve desk research, facilitating discussions, due diligence and managing external suppliers where necessary.
    3. Defining the monitoring plan for the investments and post investment, collecting the impact metrics to track actual impact of investments, ensuring analysis is timely and high quality.
    4. Assessing how investments are performing against their initial development objectives, determining when course corrections are required and completing exit reviews, feeding back learning to the investment team and the broader organisation
    5. Actively managing investments to enhance the impact by participating in the design and implementation of initiatives and partnerships.
  • Support and contribute to the wider Development Impact team and Impact Group:

    1. Contribute to the continual development of CDC’s impact management framework ensuring tools (e.g. benchmarks), systems, policies and capabilities remain world class.
    2. Develop the overall capability and team effectiveness of the Development Impact team and sharing learnings within the team, the broader IG group and the organisation.
    3. Lead or contribute to cross-product, Impact Group and CDC wide strategy initiatives, impact frameworks.
    4. More senior resources are expected to provide technical and not technical coaching to more junior resources to ensure all activities consistent with overarching team approach, as well as support with recruitment and onboarding of new members.
  • Relationship and representation:

    1. Lead relationship and coordination with other Impact Group teams and other internal engagements as required
    2. Contribute to internal and external communication and learning initiatives (e.g. internal/external trainings)
    3. Manage relationships including with experts, peers and suppliers.
    4. Based on seniority, represent CDC externally at events in specialist areas

Our cultural values

We look for team members who aspire, as we do, to work at our best and to be:

  • Impact-led, commercially rigorous
  • Tenacious in the face of challenges
  • Collaborative and caring

CDC is committed to diversity and inclusion and welcomes all applicants regardless of age, disability, gender reassignment, marriage and civil partnership, pregnancy and maternity, race, religion or belief, sex or sexual orientation.

Please submit a cover letter with your application

Salary: Competitive


The candidate


  • Strong academic credentials. Preferably a Master’s in Economics, Development Economics or equivalent analytical post graduate degree
  • Experience of impact management in the context of investments is an advantage.
  • Experience and knowledge of the infrastructure sector is an advantage. Specifically knowledge of decentralised energy (solar home systems, resource efficiency and commercial and industrial solar.
  • Experience/understanding of assessing climate change impacts

Skills and Behaviours

  • Practical understanding of impact management, private sector development and how to achieve development outcomes through investments in and through financial institutions.
  • Understanding of investments and underlying commercial strategies and ability to consider development impact in a lean and pragmatic manner.
  • Excellent analytical and problem-solving skills. Confident dealing with complexity and can combine objective quantitative analysis with expert qualitative judgment.
  • Confident in managing data and collating and presenting evidence.
  • Track record in task and time management: Organising self to meet agreed deadlines and drive productivity and cohesion.
  • Strong communication skills – the ability to describe complex development impact scenarios with accuracy and concision and the ability to explain development impact to non-professionals.
  • Proven capability of effective teamwork as a positive and constructive team member.
  • The role will require regular travel, mostly in Africa and South Asia.

To apply

CDC Group

Our mission

  • CDC is the UK’s development finance institution. Established in 1948 we invest in the most challenging markets of Africa and Asia with the aim of supporting economic development.
  • CDC has net assets of £6.4bn and a portfolio of £4.7 billion. In 2019 we committed over £1.66 billion of capital to business in Africa and Asia and are now invested in 1,200 businesses which directly employ over 875,000 workers and support many more.
  • CDC is a Public Limited Company and is wholly owned on behalf of the UK government by the Foreign, Commonwealth & Development Office (FCDO).
  • In the last few years, we have expanded our presence in Africa and Asia by opening new offices in Bangladesh, Egypt, Kenya, Myanmar, Nepal, Nigeria and Pakistan with additional locations opening soon.
  • At CDC, we take an entrepreneurial approach to investment. We think innovatively about ways to deploy our capital, attract and mobilise other investors, and drive transformational impact.
  • Primarily, CDC invests through direct equity, direct debt and funds products to achieve impact and a financial return which is reinvested into more businesses. We aim to create jobs and accelerate economic prosperity and focus on sectors that will do this; manufacturing, food and agriculture, infrastructure, financial institutions, construction, health and education.
  • CDC works with like-minded ambitious people who are primarily motivated by our mission to deliver impact. We are a growing team of over 485 and place immense value on diversity within our organisation.
  • Read more about us on our website