Vacancy title:
Investment Manager

Jobs at:
Yunus Social Business

Deadline of this Job:
open

Duty Station:
Nairobi, Kenya

JOB DETAILS:
Yunus Social Business believes in the power of business to end poverty. We were founded in 2011 by Peace Nobel Laureate Prof. Yunus, Saskia Bruysten and Sophie Eisenmann to expand the success of social business from Bangladesh around the world.

The Philanthropic Venture Funds grow local social businesses that provide employment, education, healthcare, clean water and clean energy to over 3 million people in East Africa, Latin America & India. We turn donations into investments in social businesses, which we reinvest over and over again, multiplying the impact each time. Our long-term, patient loans and hands-on growth support are delivered by our team of local professionals, allowing our social businesses to flourish.
Why Yunus Social Business (YSB)?

We work in 7 countries around the world and have most recently launched our operations in Kenya. This is a great opportunity for an individual who is looking to play a significant role in launching a social venture fund in Kenya. One who wants to empower social impact startups so that they can succeed.

We are looking for a dynamic and self-motivated team member with strong management, organizational and leadership skills to join our small, entrepreneurial team as Investment Manager at YSB Kenya. This position will be based in Nairobi, Kenya and is open to only Kenyan Nationals.

Investment Manager Job Responsibilities
Manage Investments

• Build up the investment pipeline by identifying suitable social businesses with strong investment potential
• Perform due diligence on social businesses in the pipeline, i.e. validate the business and financial model, prepare Investment Committee meetings, determine the equity and debt financing structure as well as prepare and negotiate term sheets and contracts
• Continuously improve the due diligence and investment process

Manage the Portfolio

• Work closely with Social Business Entrepreneurs in the portfolio to understand their needs as well as provide ongoing support to develop and grow their social businesses
• Ensure monthly, quarterly and annual reporting is performed by the social businesses in the portfolio; escalation issues identified, e.g. lack of reporting, under performance and mission drift
• Own the local monthly and quarterly portfolio reviews
• Continuously improve the portfolio management processes. This includes developing:
• Reporting and tracking tools to monitor as well as evaluate the social and financial impact of businesses
• Processes that ensure that resources are adequately matched to the needs of the entrepreneurs

Collaborate

• Support local fundraising activities, i.e. draft Funder proposals in addition to funder and donor reports
• Collaborate with the Global and East Africa team on fund related topics
• Work with other YSB employees on various projects for the benefit of the organisation, e.g. developing new tools, process and products, etc.

Requirements for the Investment Manager Job

• Bachelor’s degree in a relevant area (Economics, Finance, Business, etc.); MBA or other advanced degree in a relevant field will be an added advantage.
• 5 – 7 years of progressively responsible experience in one or several of the following fields:

Strategy consulting, experience with SMEs would be an advantage

• Investment Banking, Private Equity, Venture Capital or Impact Investing
• SME and economic inclusion programs of NGOs or Developing Agencies
• Previous entrepreneurial experience is highly valued
• Prior experience with financial and operational due diligence
• Able to build and evaluate financial models
• Ability to work independently in a fast-paced loosely structured environment and ability to adapt quickly as things change
• Significant experience working in Kenya and extensive understanding of the Kenyan context; experience in other emerging markets inside or outside of East Africa is a plus
• Warm, ‘can-do’ and hands-on attitude with a strong team spirit in supporting the entire team
• Willingness to travel outside of Nairobi, including to rural areas, as well as international travel on occasions
• Excellent oral and written communication skills

Job application procedure
In order to apply for the role, please use the following link to apply: https://goo.gl/nMYXJc
The application is on a rolling basis, so you are encouraged to apply at the earliest.