Investment Manager, Africa Catalytic Impact Facility (ACIF) at MasterCard

We are seeking Investment Managers to join our team and play a pivotal role in the build out of ACIF and its early investments. The position offers the opportunity to  make, manage and eventually exit direct investments in African champions. Investment Managers will also have the opportunity to work on intermediated investments, including fund commitments, co-investments and creative investment products to catalyze third party capital. As a core team member, you will be instrumental in shaping the future of ACIF, the clients and companies, and the African youth we serve. More specific responsibilities include:

• Evaluating, structuring and executing direct investments in African firms positioned to deliver on ACIF and the Foundation’s objectives.
• Leading the analysis of investment opportunities, including developing and testing assumptions, building and refining financial models, assessing historical performance and developing and drafting investment memorandums.
• Leading the development of valuations, investment structures and key terms of investments, in collaboration with the ACIF team.
• Deep analysis to test and refine investment cases, and defend assumptions, forecasts and investment theses to the broader ACIF team and Investment Committee.
• Managing the entire transaction process, including third party due diligence, legal documentation, transaction structuring, overseeing meeting of conditions precedent, and closing.
• Originating and identifying investment opportunities for ACIF and advocating opportunities to the ACIF team.
• Supporting the creation of innovative investment structures to achieve ACIF’s objectives, particularly of sustainable job creation.
• Supporting management teams to sustainably grow operations and create dignified employment opportunities as well as to deliver on growth and expansion objectives, M&A, product or services growth, etc.
• Ensuring appropriate reporting and performance against investment theses of the portfolio.
• Mentoring and upskilling more junior team members.

WHO YOU ARE

Education & Experience

• Bachelor’s degree in finance, economics or an associated field from a recognized master’s degree or CFA strongly preferred.
• Minimum of 8 years' work experience, with at least 5 years' experience in private equity or private credit investing, with a strong preference for investments in Africa.
• Understanding of investment fundamentals, key drivers of major African markets, and risks of operating in complex markets.

Skills

• Excellent quantitative analytical skills (financial modeling, financial analysis, etc) and strong written communication and presentation skills (including power point, memo writing, etc).
• Strong communication skills and ability to engage individuals from different cultures and work with complex management teams.
• Demonstrated ability to effectively research and assess investment opportunities in emerging markets.
• Demonstrated analytical skills to interpret complex financial data.
• Flexible, adaptable, and able to manage changing priorities in a fast-paced environment.
• Comfort with ambiguity and uncertainty.

Values

• Professional maturity, sensitivity with different cultures, and impeccable integrity that exemplify the Foundation’s values.
• A partnership approach to working with management teams, co-workers, co-investors and other counterparties.
• Demonstrate a commitment to Mastercard Foundation’s values and vision.