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 | InclusiveTeam and role overviewThe Industrials, Technology and Services team provides direct and indirect investment capital across Africa and South Asia. We are looking to hire an associate focused on debt investments in South Asia in the form of senior loans, guarantees, mezzanine and structured financing. The team focuses in sectors that support significant productivity and employment creation such as healthcare, education, food and agribusiness, general manufacturing, industrials, and real estate.PurposeThe Investment Associate\xe2\x80\x99s role is to contribute to the continuing expansion and development of the debt direct investment business through origination, structuring, execution, and monitoring of debt investment opportunities that meet BII\xe2\x80\x99s commercial and development impact criteria.ResponsibilitiesThere are 5 levels in the team \xe2\x80\x93 Investment Associate, Investment Executive, Investment Manager, Investment Director, and Team Head \xe2\x80\x93 and there are 3 key roles of the job (at all levels):

• Strategy and Origination \xe2\x80\x93finding and evaluating investment opportunities, and building and maintaining relationships with companies and financing partners;
• Deal Structuring and Execution \xe2\x80\x93 analysing investment opportunities in detail, conducting due diligence, navigating the Investment Committee process, agreeing legal terms; and
• Portfolio Monitoring \xe2\x80\x93 engaging with borrowers to monitor performance and contribute in areas where we can help achieve better outcomes from a financial, development impact, E&S, or governance perspective.

At Investment Associate level, you will spend the majority of your time on Deal Diligence, Structuring and Execution and Portfolio Monitoring, supporting on origination/market mapping exercises and responsibilities will include:

• Deal Diligence, Structuring and Execution:
• Producing financial models including cash flow analysis, debt sizing and sensitising for the purpose of assessing commercial viability of a transaction, determining optimal capital structure, and assisting in client negotiation.
• Completing discrete due diligence tasks such as company, industry, and economic analysis. Managing any external consultants engaged as part of the due diligence process.
• Liaising with potential borrowers by way of information gathering, questioning and deal negotiation.
• Identifying transaction risks and how these can be mitigated.
• Reviewing term sheets and legal documentation together with the internal legal team.
• Managing the engagement of support teams (Environmental, Social, Business Integrity and Development Impact), ensuring all internal stakeholders can achieve their objectives.
• Preparing detailed credit papers that capture all of the above for presentation and recommendation to investment committee.
• Portfolio Monitoring:
• Reviewing company reports, monitoring compliance with covenants, flagging any potential credit issues, reviewing any waiver requests or amendments, preparing, and presenting monitoring papers for consideration by BII\xe2\x80\x99s investment committee.
• Keeping up-to-date deal-flow, deal management and portfolio monitoring databases for transactions covered by the Industries, Technology and Services team.
• Supporting on market mapping and origination exercises to identify companies aligned with BII\xe2\x80\x99s investment and impact criteria

The candidateBackground, skills, aptitudeThe successful candidate should demonstrate the following aptitudes:

• Results Focus: Drive to achieve objectives/results
• Personal Effectiveness: Organising self/teams to meet agreed deadlines
• Team Working: Collaboration with own team and the wider BII community
• Influencing/Persuading: Ability to obtain agreement and cooperation in a \xe2\x80\x98win-win\xe2\x80\x99 fashion
• Mission driven: Alignment with BII\xe2\x80\x99s objectives including an interest in development and sustainability issues

Relevant experience might include working in financial markets or management consultancy, ideally with experience in investment banking, private debt or equity investing, and/or emerging markets\xe2\x80\x99 finance.Expected technical skills comprise of:

• Advanced knowledge of Excel and associated cash flow modelling skills;
• Strong financial and analytical skills to analyse company financial statements, forecasts, sector data, and macroeconomic context;
• Understanding of structuring of debt investments and associated challenges/issues;
• Ability to gather knowledge through due diligence and to form views based on that due diligence; and
• Ability to work on multiple projects while working to deadlines and managing time effectively;
• Solid written and oral presentation skills, including the ability to write reports and to present conclusions and ideas to an audience.

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.

British International Investment 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, sexual orientation, or educational background.Please provide a cover letter with your application.Salary: Competitive

British International Investment