Investment Associate (US)

INVESTMENT ASSOCIATE

ABOUT GIF

The Global Innovation Fund (www.globalinnovation.fund) (GIF) is a non-profit, social impact-first investment vehicle that finds, funds, and scales-up cost-effective, evidence-based innovations that have the potential to measurably improve the lives of millions of people living on $5 a day or less. GIF was founded to invest in innovations in the public or private sector that will inspire fresh thinking and create better solutions in developing countries. 

GIF is focused on doing more with less to turn ideas into impact. To achieve the Sustainable Development Goals, the development community needs to draw on the resources of the private sector. GIF’s commitment to being part of the bridge between entrepreneurs and development finance challenges us to be creative and to seek the partnerships that drive creativity, dynamism, and collaboration. GIF’s unique hybrid model, as both a UK registered charity/US 501(c)3 and an investor, reflects our dual mission: to invest in innovations that improve the lives of the poor, and to demonstrate how bringing evidence and the power of the private sector to bear can create new solutions to persistent development problems.  

GIF offers grants, loans and equity-type investments ranging from $230,000 USD to $15 million USD to support a range of innovations with strong potential for social impact at a large scale. We support innovators at different phases of development, ranging from early start-up and pilot-testing to rigorous experiments and larger scale implementation. The innovations GIF supports can be located in any developing country and may focus on any sector relevant to international development.

One area where we see enormous potential for impact is in investments that have the potential to enhance the agency of women and girls living under $5 (and preferably, under $2) a day in developing countries.  GIF applies a gender-lens to all of its investments but we also seek to invest in innovations that target gender equality outcomes and, in particular, enhancement in the agency of women and girls. 

POSITION SUMMARY

GIF is seeking an entry-level Investment Associate to join its dynamic private sector investment team, which finds and funds innovations that have the potential to measurably improve the lives of the world’s poorest people.   The Investment Associate will be located in GIF’s Washington, DC office.

The successful candidate’s duties, among others, will primarily be to:

1) support the Sr. MD (CIO) leading the private sector investment team; 

2) assist deal teams in evaluating investments that align with GIF’s goal of scaling promising social innovations through the private sector; 

3) support GIF’s portfolio management group on reporting and analysis of the portfolio.

4) Contribute across the organization to support the organization’s needs, including resource mobilization and reporting.  

The Associate will report to the GIF Sr. Managing Director for private investments, or his/her designee. 

REQUIRED SKILLS, EXPERIENCE, AND ATTRIBUTES 

  • A minimum of 1-2 years of experience in investment banking, private investment, development finance, strategic consulting or a related field, where the candidate has gained solid knowledge of the private investment process and the skills necessary to support the GIF private sector leadership team on fundraising, investments and portfolio management.  

  • An advanced degree in finance, business administration or similarly relevant field may substitute for experience, if demonstrated work experience via internships or similar.

  • Top tier analytic, strategic thinking and project management skills, including financial modeling, writing and presentations.

  • Professional or educational experience working in the developing world (South Asia, Sub-Saharan Africa, or Latin America) is a very strong plus; 

  • Demonstrated commitment to or interest in international development and social innovation.

  • Commitment to evidence-based decision-making and social impact evaluation.

  • Comfort with ambiguity and proven experience thriving in uncharted waters.

  • High energy and an entrepreneurial mindset; self-motivated and excited by high-growth environments.

  • Passion, humility, integrity, team player, proven self-direction and a spirited sense of humour.

ADDITIONAL INFORMATION

This role will be based in GIF’s offices in Washington, D.C. Any job offer made will be subject to the successful candidate having the authorization to work in the United States prior to commencing work at GIF.

The target start day is ASAP.

HOW TO APPLY 

The applicants are urged to follow the instructions available on https://app.beapplied.com/apply/6qldfulp4x. The evaluation of applicants will be conducted on the basis of the information submitted in the application and in accordance to the evaluation criteria of the job opening. The application process will close at 5 pm, 27th March 2020 EST. 

Global Innovation Fund is committed to promoting equal opportunities in employment. 

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Role posted - 2020-02-24T16:06:56Z 11:06am, 24th Feb 2020 EST