Job Description
What will you Do?
- This position is responsible for supporting the All On impact investment deal delivery and investee management, with a focus on structured credit solutions for new investees under the Demand Aggregation for Renewable Technologies (DART) program.
- The Associate will be involved in every stage of a transaction, including, but not limited to financial modelling, credit analysis, due diligence, term sheet drafting and negotiations, investment committee memorandums, closings, and implementation of monitoring and evaluation framework.
- S/he will work in a high-energy environment under the supervision of the All On Investment Manager.
Candidate will be required to do the following:
- Coordinate the operations of DART and support the delivery of program objectives.
- Process deals through approval and closing by:
- Performing in depth market research and counterparty due diligence, including credit review.
- Conducting assessment of credit risk for potential investees and projects, providing recommendations on credit worthiness.
- Assessing historical financial statements of potential investees to enhance understanding of historical corporate performance and probability of the success of the proposed business model.
- Drafting of the various documents required for the deal approval process – including the deal narrative, risks, justification, and deal economics.
- Financial modeling of investment opportunities with risked outcomes based on multiple scenarios.
- Proposing investment instruments and related terms of financing to be deployed for each opportunity.
- Drafting and negotiating term sheet with counterparties based on the direction and approvals of the governance process.
- Undertaking financial, technical, and commercial due diligence and prepare related due diligence reports for each opportunity being developed.
- Collaborate with internal stakeholders, including, legal, and compliance, to gather information and ensure smooth investment processes.
- Develop relationships with external stakeholders, such as program partners, investees, and industry experts, to gather insights and enhance the objectives of the program.
- Support DART portfolio management through monitoring and review of borrower reporting requirements and loan covenant compliance.
- Provide ongoing strategic, operational, and governance support to investees in the portfolio.
What we Need from You
- Bachelor's or Master’s Degree in Finance, Economics, Mathematics, Accounting, or other related discipline.
- A strong investment management and credit analysis background with 6+ years’ experience in investment banks, PE & VC funds (impact or fully commercial)
- Demonstrated experience in deal delivery in top-tier commercial banks or Development Finance Institutions (DFIs).
- Solid experience in credit and structured finance with an energy and/or social infrastructure focus or similar business deals with a proven record of success and achievements.
- Chartered Finance Analyst (Preferred), ACA, ACCA or other equivalent professional qualification.
- Advanced proficiency with MS Office tools. Good financial modelling and research skills. Experience with financial tools such as Pitchbook, CapitalIQ is desirable.
- Strong sense of integrity, ethics and ownership, intellectual curiosity, excellent communication skills, solid stakeholder, and project management skills.
What we Offer you
- At All On we're committed to investing in the development of your career and we give people with your skills a platform from which you can deliver, create substantial impact, and grow professionally with a fast-growing organization.
- All On is a company with shared values. Honesty, integrity and respect aren't simply a strap line, but are a part of everything we do. What's more, we're a company that places the highest possible value on the diversity of our people and on our inclusive approach.
- Join us and you’ll belong to a company where you can feel pride in your achievements in being one part of the solution for addressing Nigeria’s foundational development problem.
Remuneration:
- Competitive based on experience