Associate, Financial Services Development Impact

Year    Mumbai, Maharashtra, India

Job Description


About BIIBritish International Investment is the UK\'s development finance institution, owned by the UK Government. With a mission to solve the biggest global development challenges, we aim to create a virtuous circle of investment and impact. Your contribution will be essential.It won\'t be easy: we do the hardest work in the most complex markets. Be prepared to test your skills, get creative and say your piece as you take on high-profile work as part of a diverse team of exceptionally smart, passionate people.In return, you can take your career to all-new places in a culture that rewards curiosity and collaboration, and balances high performance with wellbeing.BII at a glance75 years supporting sustainable business growth in developing and emerging markets\xc2\xa38.1 billion in net assets1,400+ businesses invested in950,000 workers in the businesses we support\xc2\xa39 billion in new investments planned in the next 5 years600+ people in our diverse global team3 key development objectives: Productive | Sustainable | InclusiveThe PitchBII\xe2\x80\x99s investment activities are organised across 3 sector-focussed groups:

  • Financial Services Group (FSG) \xe2\x80\x93 this group oversees our investment activity via financial institutions and into financial services companies in order to develop capital markets, support specialised/digital financial services providers to meet people\xe2\x80\x99s basic needs and more.
  • Industries, Technology and Services Group (ITS) \xe2\x80\x93 this group oversees our investment activity in sectors including manufacturing, agriculture, consumer services and social infrastructure, technology, and telecommunications.
  • Infrastructure and Climate Group (I&C) \xe2\x80\x93 this group oversees our investment activity in energy sectors and wider infrastructure sectors such as transport.
In this role, you will be embedded as an impact specialist in the Financial Services Group with a focus on our investment activity in South Asia. This position could be based in either Mumbai or Benglauru.About the Role
  • BII\xe2\x80\x99s Development Impact team is market-leading and provides technical leadership to assess, manage and evaluate the impact of our investments. BII\xe2\x80\x99s objective is to push the boundaries in impact management within a world-class impact framework based on the
\xe2\x80\x99s consensus and the Operating Principles for Impact Management. * Our impact professionals work side-by-side with our investment teams to actively manage the impact of every investment we make. This approach is designed to create deals teams with the professional capability and expertise to reflect our mandate to improve people\xe2\x80\x99s lives, protect the planet and make a financial return.
  • BII has a longstanding commitment to financial services. We have a portfolio of over $2bn invested in financial services across more than 150 investees which represents about one third of BII\xe2\x80\x99s total portfolio by value. Over the last three years, the team has deployed $1b+ across Africa and South Asia and has ambitious deployment targets for the coming years.
ResponsibilitiesIn this role you will be responsible for delivering high-quality impact management within the Financial Services Group. You will have specific responsibilities across our four Financial Services product teams (Equity, Debt, Intermediated Financial Services and Trade & Supply Chain Finance) with a focus on South Asia. You will play an active role in providing development impact inputs throughout the deal cycle in order to deepen the impact on people and planet. Specific responsibilities will be driven by the candidate\xe2\x80\x99s experience and team need/priorities, but are expected to include the following:Delivering impact management for the relevant part of the portfolio:
  • Assessing development impact as part of the due diligence process. Working seamlessly with investment team colleagues to inform investment decision-making, define the impact objectives and appropriately escalating issues.
  • Developing a high-quality development impact dashboard for each investment which will involve desk research, facilitating discussions, due diligence and managing external suppliers where necessary. Liaise with other Impact Group teams (e.g. ESG-I, Climate Change and Gender/Diversity) during the investment process where relevant.
  • Defining the monitoring plan pre-investment and collecting impact metrics to track actual impact post-investment, always ensuring analysis is timely and high quality.
  • Assessing how investments are performing against their initial development objectives, determining when course corrections are required and completing exit reviews, feeding back learning to the investment team and the broader organisation.
  • Actively managing investments to enhance the impact by participating in the design and implementation of initiatives and partnerships.
  • Developing and delivering impact strategies and tools (e.g. benchmarks) ensuring consistency with BII-wide strategies and frameworks.
Relationship and representation:
  • Contact point for the relevant FSG product team, representing development impact in relevant meetings.
  • Engagement with investees on impact management activities.
  • Ensuring appropriate communication of priorities, changes to processes and frameworks etc to investment teams.
  • Manage sector-specific relationships including with experts, peers and suppliers.
Support and contribute to the wider Development Impact team:
  • Supporting the continual development of BII\xe2\x80\x99s impact management framework ensuring tools, systems, policies and capabilities remain world class, led by our central Impact Management Team.
  • Supporting other team members to ensure all activities within the sector are consistent with our sector approach.
  • Developing the overall team capability and effectiveness through sharing learnings within the team, the broader Impact Group and the wider organisation.
About you
  • Prior work experience in a relevant field, preferably as an impact manager within an investment setting or, with a good grounding in development impact assessment with a commercial mindset.
  • Strong academic credentials. Preferably a Master\xe2\x80\x99s degree in (development) economics, MBA or equivalent analytical post graduate degree.
  • Work experience in South Asia.
Skills
  • Practical understanding of impact management, private sector development and how to achieve development outcomes through investment.
  • Excellent analytical and problem-solving skills. Confident dealing with complexity and can combine objective quantitative analysis with expert qualitative judgment. Confident in managing data and collating and presenting evidence.
  • Excellent project management, analysis and reporting skills, with the ability to deliver data and insights informed strategic approaches. Able to prioritise tasks and manage multiple work streams simultaneously in a complex and fast-moving environment.
  • Strong communication skills: the ability to describe complex development impact scenarios with accuracy and concision and the ability to explain development impact to non-professionals and across a range of cultural backgrounds.
  • Self-starter with a bias for action and problem-solving approach.
  • Resilient to time pressures and competing priorities, confident in prioritising tasks and taking decisions with imperfect information.
  • Good knowledge and network of third parties in the impact management and measurement space who can be leveraged to help deliver enhanced impact with our investee companies.
  • Proven capability of effective teamwork and strong stakeholder/relationship management.
  • The role will require regular travel, mostly but not exclusively within South Asia.
Our cultural valuesWe look for team members who aspire, as we do, to work at our best and to be:
  • Impact-led, commercially rigorous
  • Tenacious in the face of challenges
  • Collaborative and caring
BII is committed to diversity and inclusion and welcomes all applicants regardless of age, disability, gender reassignment, marriage and civil partnership, pregnancy and maternity, race, religion or belief, sex or sexual orientation.

British International Investment

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Job Detail

  • Job Id
    JD3368990
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Mumbai, Maharashtra, India
  • Education
    Not mentioned
  • Experience
    Year