LEAP Facility Fund Manager
The Fund Manager will have a proven track record of successful implementation and management of impact investment or micro finance funds and would have the primary responsibility of successfully deploying and managing the fund.
Managing the Fund Management Committee and reporting to the LEAP investment committee and to the LEAP senior technical lead, responsibilities of the fund manager would include:
•
Fund and operational management set up including legal and governance structures for deployment, with a design and set-up phase of 2 months
•
Conducts everyday management of LEAP Facility
•
Alongside the facility management team, reviews requests for financing and proposals from service providers to make recommendations to the LEAP Facility Investment Committee
•
Conducts due diligence on Cooperatives and financial service providers and creates and manages an effective risk management tool for the fund
•
Compiles quarterly financial and narrative reports on the fund and its performance.
•
Alongside the LEAP facility management team, takes decisions and independent actions. within defined thresholds, as approved by the LEAP Facility Investment Committee.
•
Alongside LEAP MEL team, set up and manage a database including data on: financial returns, trends, achievements and other useful key information for the programme.
•
Manages the Facility Management Team.
•
Is a member of and reports to, the LEAP Facility Investment Committee.
•
Sets up the fund for deployment and manages its legal and governance matters including the development of grievance mechanisms for all the different fund components.
•
Manages relationships with other programme and commercial partners in relation to the fund
•
Manages the financial flow between the different components of the facility making sure the use of the funds is optimised and in line with LEAP’s objectives
•
Works hand in hand with senior management and workstream leads to ensure coordination with other LEAP’s workstreams.
Requirements
•
The firm needs to have proven track record of managing a fund or a challenge fund where ESG aspects are prioritised.
•
At least 8 years of experience in a financial management position.
•
Fluent in English and French at a professional level.
•
Track record of successful fund management.
•
Experience in managing micro credit in a rural agricultural setting.
•
Able to operate in the LEAP and CDI context from a regulatory and legal perspective.
•
Experience or understanding of the Ivorian cocoa value chain would be an advantage.
•
Previous experience in Ivory Coast, collaborating with local partners and financial institutions.
•
Experience in social investments or inclusive businesses investments would be an advantage.
The fund manager will be initially appointed for a period of two years, renewable upon performance and successful completion of the initial appointment. A design and set-up phase of 2 months is encouraged, with first investments due to go out by May 2024, mindful of the cocoa season in October 2024.
The contract will be based on two phases of implementation:
1.
Fund and operational management set up including legal and governance structures for deployment.
2.
Fund deployment and management.
How to apply
https://fairtradeafrica.net/vacancies-2/