Associate, Investment (Power) – Lagos, Nigeria

BLR-JA-AIP2024

Nature & Scope:

The candidate will be expected to build relationships, support origination efforts and execute projects in the development and management of AFC’s investments within the Power Sector (generation, transmission and distribution) across Africa and across equity and debt instruments.

Responsibilities:

• Support origination and management of new clients and opportunities within the power sector across Africa.
• Evaluate, pitch, structure, negotiate, execute and close project and corporate finance transactions.
• Support management of transaction processes from origination to closing, including engagement with 3rd party technical and financial advisors in the analysis for such transactions.
• Work with other team members in Investments and colleagues across the organization to process the administration of each transaction as it goes through the approval process.
• Develop/Review and investigate key aspects of financial models to structure and evaluate the financial viability of transactions.
• Develop presentations and proposals to clients for debt/equity transactions
• Africa Finance Corporation
• Prepare transactions documents (engagement letters, proposals, presentations, Information Memorandums, term sheets, valuations etc.) for transactions being contemplated by AFC
• Participate in deal meetings as well as help maintain client relationships
• Conduct due diligence on prospective clients Competencies (S,A &K)

Skills

• Provide support with respect to strategy formulation and implementation, team management and business origination.
• Lead the preparation of terms of references and support the procurement of technical, market and insurance consultants to support the appraisal and due diligence on projects being considered for investment by our client.
• Oversee the work of the technical, market and insurance consultants and administer their respective contracts.
• Lead and participate in missions to countries in concert with project teams to provide guidance on technical and operational aspects of transactions.
• Highly proficient in building and reviewing complex financial models and analysis
• A good understanding of wind, solar and hydro power generation projects preferred
• A good understanding of the technical aspects related to the review of power infrastructure projects (including renewable energy projects).
• Ability to respond to issues associated with risk assessment of investments and drive transactions through the investment approval process
• Ability to write credit and investment memoranda and defend transactions at investment committee meetings
• Experience with investing in debt and equity transactions.
• Ability to negotiate investment agreements
• Strong quantitative analysis and problem solving skills.
• Well-developed communication and business writing skills, power of persuasion as well as the ability to interface directly and effectively with senior officers of a variety of potential clients
• Strong time management skills and ability to work under pressure in a fast-moving environment
• Excellent project management skills

Attributes

• Detail oriented with strong organisational skills. Must be able to manage a wide variety of tasks and requests competently on a daily basis
• Flexibility and ability to work with limited supervision. A self starter, able to assume the initiative following basic leads provided by senior colleagues and team members
• Strong team work capabilities, and able to work seamlessly with staff within the Division and across the Corporation. Willingness to support other staff to achieve corporate goals
• High level of creativity and capacity to develop innovative ideas or work with other team members of build up transaction ideas for onward marketing to clients
• Ability to manage multiple business priorities within a regularly changing landscape. Able to work under pressure and meet challenging deadlines regularly
• Ability to originate and generate new business leads towards enhancing the overall business development efforts of the organization

Knowledge

• In-depth experience in financial analysis and ability to develop complex financial models
• Good knowledge of financial products, including: project and structured debt, private equity, mezzanine, treasury, capital markets, guarantees and project development Basic credit and investment review capacity. Ability to cogently analyze transactions presented on a daily basis
• Power sector knowledge across Africa, including, basic knowledge of the key markets, opportunities, sponsors and competitors
• Strong research skills, with a clear capacity to develop research material using publicly available information by leveraging various networks and internal resources available
• Commitment to staying up to date on industry trends in power, renewable and sustainability

Key Performance Indicators

• Achievement of financial targets
• Management of client relationships
• Research work on sector activity and trends
• Execution of assignments

Minimum Qualifications & Other Requirements Education

• A good first degree in engineering/economics/finance from a recognised university
• Relevant advanced degree e.g. Master’s Degree in Business Administration, electrical engineering, Finance, or a related field of study from a top ranked university
• Relevant certifications related to finance will be an added advantage Experience
• 5 to 8 years relevant professional experience working as an investment professional or financial advisor in corporate or project finance – previous experience working in either of Investment Banking, Big 4 Financial Advisory, private equity or credit fund, a Development Finance Institution or an infrastructure project developer a must.
• Proficient in transaction modelling and understanding of transaction structures.
• Excellent client origination and management skills.
• Previous experience in the Power sector will be an added advantage.

Language

• Solid communication and writing skills (fluency in English mandatory)
• Fluency in Portuguese/French preferred. Others
• Willingness to travel “out-of-station” with minimal prior notice
• Team player mentality with the potential to take the lead on transactions.

Benefits and Contractual information:

• 3 Year renewable contract.
• Willing and able to relocate to Lagos, Nigeria
• Suitably qualified candidates are encouraged to apply.

If you wish to apply for the position, please send your CV to Jamie Admas at [email protected]

Please visit www.caglobalint.com for more exciting opportunities.

Jamie Adams

Recruitment Consultant

Banking & Finance

CA Global will respond to short-listed candidates only. If you have not had any response in two weeks, please consider your application unsuccessful however your CV will be kept on our database for any other suitable positions.

CA Global Headhunters is an international staffing company with a specific focus on recruitment in Africa. Our extensive, diverse candidate network built up over 10 years comprises the most skilled and experienced candidates. We recruit talent of the highest standards across African sectors, including Mining, Oil & Gas, Engineering, Banking, Finance, Legal, Insurance, Commodities, and Agriculture. As African markets continue to grow and develop, so too does our skill and expertise, ensuring that we deliver the best service to both clients and candidates.

Thanks to our access to global networks and resources, we understand our clients’ cultures, operations, business strategies, and industries. We are always on par with the latest technologies and trends which assist us in sourcing the best talent for clients. Whatever stage of the project lifecycle, we can put forward the right candidates with the right skills.