Investment Manager, October 2024 – NGO Jobs

Tanager, an ACDI/VOCA affiliate, empowers people to realize life-changing economic and social opportunities. Given the complexity of issues being encountered by communities today, we operate not in a single domain but at the nexus of market systems, food systems, social systems, and climate systems. Specifically, we have 30 years of experience integrating gender empowerment and nutrition into agriculture, connecting people across the production supply chain, fostering access for women and other marginalized groups, and unlocking sustainable, climate-smart economic opportunities for all.

The second phase of the Soutenir l’Exploitation Familiale pour Lancer l’Élevage des Volailles et Valoriser l’Économie Rurale (SELEVER 2) project is being implemented in the Center-Ouest, Boucle du Mouhoun, Hauts-Bassins, and Center-Sud regions since 2020. SELEVER 2 aims to achieve inclusive transformation of the poultry market in Burkina Faso to ensure women’s economic empowerment and improve the nutritional status of women and children.

SELEVER 2 uses an integrated approach that combines economic strengthening, women’s empowerment, and nutritional behavior change in poultry-producing households. SELEVER 2 also identifies key economic levers in the market system to facilitate individual and social behavior change through a strategy of communication, advocacy, accessibility of finance, and capacity building of local actors. Finally, the SELEVER 2 project uses market facilitation so that the players in the local poultry market work in perfect intelligence for their economic interests and better serve the poorest in a sustainable way.

Tanager is seeking talented professionals for the role of Investment Manager for its SELEVER 2 project, based in Ouagadougou, Burkina Faso. The Investment Manager is responsible for providing vision and overall management of the SELEVER Impact Fund (SIF) – a pilot fund focused on providing financing to MFIs and SMEs in Burkina Faso, ensuring efficiencies and collaboration among project staff, microfinance institutions (MFIs), private sector actors, and other financial service providers. The Investment Manager will ensure that SIF current portfolio continues to be in good standing and that the funds inflows are reinvested in a transparent way and effectively, and efficiently, prioritizing investments that increase financial inclusion and meet the project priorities and objectives. The Investment Manager is also expected to engage in fundraising activities to attract concessional/blended finance capital, grants and/or co-investments into portfolio companies. In addition, the Manager will be expected to work closely with Tanager’s poultry specialist to provide technical assistance to portfolio companies in order to enhance their impact and financial sustainability.

The Investment Manager may also contribute to the development of new initiatives and projects in Burkina Faso for Tanager, especially those focused on business development support to small and medium enterprises and investment. The term of the contract is one year with the possibility of extension.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

Portfolio Monitoring

Conduct portfolio monitoring including analysis of financial and social impact metrics; and serve as the lead point of contact for investees on repayment.
Prepare the Fund’s Quarterly Reports

Fundraising

Develop relationships with potential donors, investors, co-investors and industry partners; grow relationships into co-financing opportunities or additional blended finance/concessional capital into the Fund.
Work closely with the Deputy Team Leader and key staff, sharing learning, presenting progress, troubleshooting, and securing buy-in for strategic improvements that enable the project to maximize the scale and sustainability of its impact and the value of the donor’s investment
Build and manage key relationships within the industry to increase lending to MFIs, SMEs and other financial intermediaries and underserved populations
Maintain a collaborative relationship with the ACDI/VOCA, AV Ventures and Tanager’s HQ.

Technical Assistance

Provide technical assistance/financial support to portfolio companies on a needed basis (MFIs and SMEs) to improve their sustainability, operational capacity and ability to attract private sector capital and/or increase social impact ·
Support the increase of operational efficiency of MFIs to offer tailored financial products for poultry value chain actors to increase their access to finance ·
Support technical design and strategy to build MFI’s ability to increase financial inclusion to poultry microentrepreneurs

Pipeline Building

Build and manage the Fund’s investment pipeline in Burkina Faso, conduct financial and risk analysis of pipeline companies, and write investment memos to be presented to the Investment Committee.
Conduct full due diligence on potential investments, including analysis of business plans, financial viability, commitment to social performance, management team, taxes, legal, risk, and develop financial models for investment projections.
Draw up related documents for investments in BF, including but not limited to term sheets, investment agreements, policies, and procedures.

Special Initiatives Development

As needed, support on design of new initiatives or projects focused on small and enterprise development, access to finance, and/or investment initiatives.
Provide short-term technical support on start-up of new initiatives.

QUALIFICATION:

Education and Experience

University Degree, Master’s of Business Administration or Master’s degree in finance, economics or a related field preferred.
Minimum of 5 years’ experience sourcing, managing, monitoring and facilitating investments. Experience in venture capital, private equity or impact investing is a plus.
Experience providing advisory, mentoring and capacity building services to Microfinance institutions or financial intermediaries. Experience working directly with MFIs in Burkina Faso is a plus.
Proven experience in identifying, evaluating, and closing transactions and managing multiple investments.

Knowledge and Skills

Demonstrated leader, highly entrepreneurial, collaborative, and strong teamwork mentality
Committed to increasing financing to un(der)served populations Demonstrated leader, highly entrepreneurial, collaborative, and strong teamwork mentality
Committed to increasing financing to un(der)served populations
A positive attitude and willingness to adaptively manage projects and partners in complex environments with diverse cultures
Entrepreneurial spirit and ability to work in a “start-up” mode
Relevant work experience in Burkina Faso
Familiarity with agribusiness, particularly poultry, is a plus
Familiarity with gender-lens investing is a plus
Experience on donor-funded programs is a plus
Fluent spoken, written, and reading abilities in English and French required.

Please submit your resume to [email protected] by or before October 13, 2024. Please include the position title in the subject line of the mail. Please submit your resume along with a cover letter. Please include your long-term employment history and any relevant short-term consulting work. Due to the high volume of applications, we are not able to respond to inquiries via phone. Only those candidates considered for an interview will be contacted. Tanager is an equal opportunity employer. Women, minorities and people from diverse groups are encouraged to apply. Please be aware that Tanager does not charge any fee in any step of recruitment.

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