Chief Investment Officer (Equity) at KloudOpp Limited

Overview

• Are you ready to be a part of something big from the ground up?
• As we build towards revenue and funding, we’re offering the unique opportunity to join us with an equity stake, ensuring that your contributions today will be rewarded as we grow.

Role Overview

• We are looking for a dynamic and experienced Chief Investment Officer to join our founding team. We are at a critical stage in our growth and have an urgent need for a Chief Investment Officer. Ideally, we want someone with previous startup and enterprise who has experience in all phases of the investment execution process.
• Africa is the world's youngest continent and expanding the fastest. The number of young people working in Africa will rise to 375 million by 2030.
• The International Monetary Fund estimates that by 2035, there will be more young Africans joining the workforce each year than there are in the rest of the world put together due to population growth on the continent.
• The number of young individuals looking for work is much higher than the number of opportunities that are open to them. The skills of young people entering the workforce and the needs of companies are also out of sync.
• Many young people will have trouble finding employment to better their living conditions if nothing is done.
• We have spent the last six months investigating the finest methods for creating the talent workflow system that will assist in matching African talents with opportunities.
• Currently, at the stage of executing the prototype system, business processes while some aspect is live in production to start generating revenue and investment.
• We'll close the skills gap and provide African talent greater job chances.
• The founders are individuals with top academic background, professional experience in leading companies at leadership positions & strong technical background.
• The aim of the company is to become a “unicorn” (one-billion-dollar valuation) in the next 3-5 years as the product-market is considerably validated.
• The company’s values are centered on meritocracy, reason, entrepreneurship, and empathy.
• The individuals who will be hired at this position will be given a significant amount of equity given that the company is at execution stage.
• The person will be working fully remotely on a part-time basis while continuing their current job until we begin generating revenue and secure funding.
• We are at a critical stage in our growth and have an urgent need for a Chief Revenue Officer. Ideally, this is a growing startup, there is no salary until we can start generating revenue and funding. Founder is open to team members having a main job until funding and revenue is secured.
• Would you be excited to mentor a diverse, passionate, high-growth team to deploy effective strategies and tools in a rapidly growing, entrepreneurial digital marketing organization to drive predictable revenue growth?
• Do you want to be a key player in growing a startup company to over $100 million and be rewarded with a compelling combination of salary, bonus, and equity-based incentives?
• If so, we invite you to submit your resume and cover letter now.
• We are seeking a Chief Investment Officer. This individual may have the opportunity to work on business/financial systems, infrastructure, and transformation projects.
• The person in this role may manage Investment and Financial Related Information. This position location is LAGOS, though the team currently work a remote schedule.

Job Purpose

• The CIO will provide insight and direction, leads the investment team, complete all fund transactions, and effectively maintain portfolio development on behalf of the organization.
• The role will include intensive investment structuring, due diligence, negotiations, and portfolio management of KloudOpp existing/future Fund Series ensuring maximum returns to all stakeholders.
• As part of executive management within the Fund Management Team, to raise capital for Agyl, the role entails the establishment of a credible investment pipeline and ability to engage potential investors on fundraising and to attract investors to Agyl’s funds.

Responsibilities
Includes:

• Develop and maintain efficient relationship with investment departments and ensure compliance to all policies and laws.
• Monitor all investments for organization and ensure efficiency in working.
• Analyze all client requirements and determine appropriate investment strategies for organization and develop an investment team to handle all work of organization.
• Provide expert knowledge on all investment and financial activities for project, manage project portfolio and evaluate efficient working of staff.
• Review all performance of the investment portfolio and prepare required report for management in accordance to company policies.
• Provide an interface with the Investment Committee and recommend new and changes to existing investment policies and submit it for approval.
• Develop and maintain knowledge on all market securities plans and manage all portfolio management products.
• Train all employees in investment activities, evaluate performance, and resolve all issues in same.
• Responsible for establishing investment strategies that are best for an organization's goals.
• Participates in developing the business strategy and business plan as part of the executive management team of the company.
• Develops and deploys investment strategies in line with business requirements to ensure optimal return.
• Develops and implements relevant policies, processes, and procedures in line with business and legislative requirements.
• Performs due diligence on potential investments and business cases.
• Advises the Investment Committee of business risk and proposes appropriate mitigating strategies.
• Manages and controls investment risk through timeous identification thereof, and analysis of investment reports.
• Manages and ensures maximum conversion of pipeline deals into investments.
• Manages and ensures seamless implementation of post-investment value creation and exit strategies.
• Ensures networking with key stakeholders of potential investments, sponsors, and other relevant parties.
• Ensures ongoing marketing for business initiation purposes in identified markets, both locally and internationally.
• Reports to the Managing Director/CEO on a monthly basis and to the Investment Committee on a quarterly basis in respect of the pipeline and the investee companies.
• Advises the Managing Director/CEO and Investment Committee on the strategy and mechanism for exiting investments.
• Keeps informed of the political and regulatory environments of relevant countries and markets.

Cost Management:

• Assists with the compilation and management of the Fund budget.

Fund Raising:

• Participates in fund raising initiatives including information creation, presentations, and investor engagement.
• Actively participates in the marketing of funds during capital raising.

Supervisory Responsibilities:

• Has overall responsibility for assigned departmental staff and budgets.

Experience and Education

• Master’s Degree or MBA in Finance, Economics, Accounting or equivalent qualification;
• 10 - 15 years of experience in corporate and/or project finance/ private equity with a proven track record of sourcing, structuring and closing investments;
• CFA, ACCA, CAIA, etc. are added advantages.

Skills & Abilities:

• Strong work ethic.
• A proven track record of successful investment.
• Proven debt sourcing relationships.
• Superior understanding of how to find structure and close profitable tech investments and revenue.
• Superior understanding and proficiency of fixed income and equity investments.
• Knowledge of all type of tech investments and multiple market knowledge.
• Demonstrated ability to effectively delegate and to manage.
• Ability to develop and maintain professional relationships.
• Strong organizational and planning skills.
• Proven leadership abilities
• Outgoing, business-like personality.

What’s in it for you

• Meaningful early-stage shares equity
• Large token allocation
• A well thought through concept and business plan with early-stage validation
• No salary until funding can be achieved, all pending salary arrears will be prorated and paid upon funding.
• Remote Flexibility
• Tons of influence and input, you will not be a cog in a wheel here!
• Growth Opportunities: Be part of a company where your ideas matter and your contributions shape our future.
• Impact: Play a crucial role in building a brand from the ground up, with the potential to make a significant impact on our success.