Employment Nigeria
29-Apr-2016
RIVERS , PORT HARCOURT ,
Business Development
GroFin is a mission-driven for profit development finance organisation that is run on strong commercial principles. We recruit people that believe in the power of capital and market development to do bring about positive change in local communities.
GroFin aims to develop long term relationships with its employees. We invest in our employees for the long term and offer a solid career in an organisation that is at the forefront of impact investment. Learning is part of the GroFin culture. Each employee, at every level, is conscious of the need to continuously raise her/his knowledge and skills. The willingness to learn is therefore a non-negotiable condition of employment.
POSITION : Junior Investment Manager
Role Summary
The role’s key purpose is to create sustainable impact through serving entrepreneurs in the SME sector with risk capital and business support, helping them to realise their full business potential and achieve long- term success.
The investment manager delivers tangible value to the SME clients and by doing so, achieves financial and impact returns on his/her transactions.
A secondary purpose is to develop and share within the GroFin network knowledge and expertise in SME investment and support, including lessons learnt.
The position reports to the Investment Executive. Within the organisation, the position has primary working relationships with the in-country investment team. Externally, the IM works mostly with referral networks and clients.
Duties and Responsibilities
Deal referral networks (10%):
Identify, develop and maintain deal referral networks
Measure and report on the effectiveness of such networks
Transaction performance (40%):
Identify prospect needs and effectively sell GroFin value offering to fulfil these needs
Screen applications efficiently, applying the GroFin Viability Model and the investment strategy and policy framework.
Analyse and thoroughly verify and cross reference key assumptions underpinning the business plan. Build the financial model and conduct a proper risk assessment. Maintain verification records in line with GroFin document management system
Structure viable transactions in line with the GroFin investment and pricing policy and product parameters.
Draft high quality, focused and concise screening and finance reports that allow for efficient decision making within agreed time frames.
Restructure transactions that are viable and hand over those that are no longer viable
Manage collateral and insurance policies
Collect and record impact data and ensure data integrity, in line with GroFin impact data strategy and policy
SGB sustainability & growth (30%):
Support the client in developing and implementing a robust business plan, financial plan and risk assessment and mitigation plan.
Introduce ESG best practices and formalize business where appropriate and
Support implementation of a financial management system that produces monthly management accounts
Track performance of portfolio companies against the business financial plan. Identify any negative trends and deviations from the client’s operational and financial plan.
Facilitate business linkages. Provide access to markets and business opportunities. Maintain a network of SME service providers.
Follow up on all repayments due and make suitable arrangements to address potential arrears
Keep abreast of all government legislations and regulatory requirements which may affect the operations of the portfolio companies
Leverage GroFin’s expertise effectively for clients benefit
Client satisfaction (10%):
Clearly communicate the GroFin value offering to clients and educate clients on the target market and risk appetite of the relevant fund.
Act as a trusted advisor and soundboard to the entrepreneur
Respond to all clients queries promptly and clearly
Understand client’s needs first, before offering a solution
Maintain a professional relationship with clients, based on trust and respect
Inform clients regularly about the GroFin process and what is required
Investment Expertise & knowledge (10%):
Share success, knowledge and experience among the team and the wider network (MyGroFin)
Actively contribute to the team and collaborate within and across teams
Desired Skills and Experience
GroFin aims to develop long term relationships with its employees. We invest in our employees for the long term and offer a solid career in an organisation that is at the forefront of impact investment.
Learning is part of the GroFin culture. Each employee, at every level, is conscious of the need to continuously raise her/his knowledge and skills. The willingness to learn is therefore a non-negotiable condition of employment.
Required Experience, Qualification and Skills
Investment or finance experience in SME investment, with a 3+ years of a demonstrated track record in investing or financing SMEs
Advanced degree required. An MBA is preferred, as well as CFA or ACCA.
Excellent financial and analytical skills.
Good credit management skills
Written and spoken language fluency in English essential.
Business Development Executives Job at Rumi Properties
Business Development Executives Job at WFO Advisors Limited
Talent Developer Assistant & Methods Lead in a Multinational Oil and Gas Company
Immigration/Visa Officer, PHC & Lagos in a Multinational Oil and Gas Company
PTM Archive Co-Ordinator (PHC) at Maventeq Systems Limited
Payroll Officer at Maventeq Systems Limited
Accounts Receivable Officer at Sahara Group
MoreConsultant (Orthopaedic & Traumatology Paediatrics) at the Lagos University Teaching Hospital (LUTH)
Consultant (Haematology & Blood Transfusion) at the Lagos University Teaching Hospital (LUTH)
Consultant (Anatomic & Molecular Pathology) at the Lagos University Teaching Hospital (LUTH)
Medical Officer (Clinical Pathology) at the Lagos University Teaching Hospital (LUTH)
Consultant (Medicine - Rheumatology) at the Lagos University Teaching Hospital (LUTH)
Accounts Receivable Officer at Sahara Group
Quality Control Officer at Sagar Vitaceuticals Nigeria Limited
More