Job Description

Investment Associate Jobs, Latest Finance Jobs, CrossBoundary Jobs

Location: Nairobi, Kenya

Department: CrossBoundary Energy Access

Type: Full Time

Min. Experience: Mid Level

Associate – CrossBoundary Energy Access (CBEA)

About the Firm

Founded in 2011, CrossBoundary is a mission-driven investment firm committed to unlocking the power of capital to make a substantial return while creating a lasting difference in frontier markets. We take a transaction-centered approach to frontier markets. CrossBoundary provides investment advisory services, having developed a specialized expertise in unleashing investment across all sectors in fragile and frontier markets. Our advisory clients include governments, development finance institutions, private equity firms, Fortune 100 companies, and research institutions. Learn more at www.crossboundary.com.

In 2019 CrossBoundary launched CrossBoundary Energy Access (CBEA), Africa’s first project finance fund for mini-grids. Over 600 million people in Sub-Saharan Africa still lack access to electricity. CrossBoundary conservatively estimates that at least 100 million of these people are most cost effectively served by mini-grids today. CBEA raises blended finance from institutional investors, DFIs and family foundations, and invests in a developer’s pipeline of mini-grids. This unique approach is designed to prove that investor capital can be injected at scale into mini-grids in Africa through project finance. CBEA completed its first transaction in July 2019 with PowerGen Renewable Energy in Tanzania, covered in Forbes. More information on CBEA can be found at www.crossboundary.com/energy-access/.

Job Description

CrossBoundary is recruiting a full time Associate to work on energy access finance. CrossBoundary is not a development firm and is not seeking typical development skills. We are seeking a highly motivated individual with previous exposure to project and medium-scale infrastructure finance in private sector organizations such as renewable energy project developers, infrastructure funds, and investment banks.

You will work on finding and deploying all types of capital required to finance the mini-grid sector at scale. You will help identify and implement, innovative financing structures to mobilize equity, debt and grant funding from a range of capital providers.

Candidates should have notable investment or private sector experience and possess strong quantitative and analytical skills. Experience working in developing countries is preferred. Experience working in project finance, renewable energy, retail energy markets, and/or off-grid energy is also preferred. An engineering degree or technical background will be regarded favorably.

Who We Are

CrossBoundary operates in frontier markets that also hold immense investment opportunities. The chosen candidate will play an important role in a unique team with the opportunity to make a large impact on the renewable energy landscape in Africa. Team members come from diverse backgrounds, but share a number of qualities: curiosity, humility, integrity, a drive for excellence, and a bias for action.

Who You Are

• Self-starter who is passionate about creating lasting change in frontier markets


• Interest in or willingness to learn about the off-grid energy sector


• Belief that innovation is at the heart of finding solutions to the world’s biggest challenges


• Willingness to take on new types of work, even without prior experience or direct supervision


• Willingness to work and live in a sometimes-challenging environment

Primary Responsibilities

• Investment opportunity identification and evaluation
  
  
  
  • Identify and rigorously assess investment opportunities
  
  
  • Detailed financial modelling
  
  
  
  


• Development of innovative financing structures
  
  
  
  • Identify and design innovative financing structures
  
  
  • Develop supporting legal contracts
  
  
  
  


• Market assessment and ongoing market analysis
  
  
  
  • Conduct macroeconomic, regulatory, and operational assessments
  
  
  • Provide sector analysis of priority areas for investment
  
  
  
  


• Investor qualification and relations
  
  
  
  • Assist in identifying qualified investors
  
  
  • Manage numerous investor relationships
  
  
  
  


• Transaction support
  
  
  
  • Assist, and often lead, team in supporting complex transactions
  
  
  • Oversee due diligence process
  
  
  
  

Qualifications

Ideal candidate will have the following skills and qualifications:

• Strong quantitative skills; familiar with valuation and project finance

• Excellent analytical ability and discipline; ability to think clearly, structure problems logically, and then design and implement solutions that focus on the core issues


• Ability to develop financial models for a wide range of structures and scenarios


• Understanding of key commercial terms in legal contracts


• Ability to build strong relationships with partners and colleagues in challenging environments


• Excellent presentation skills; ability to communicate clearly and effectively with diverse audiences


• Self-starter who is passionate about creating lasting change in frontier markets


• Comfort with ambiguity; ability to operate effectively in a changing context


• Willingness to work and live in a sometimes-challenging environment

Required skills and qualifications:

• 2 – 5 years in top tier banking, infrastructure investing, project development, or similar


• Bachelor’s degree required; MBA or other advanced degrees preferred


• Experience working in developing countries will be regarded favorably


• Experience working in renewable energy, retail energy markets, or off-grid energy


• An engineering degree or technical background will be regarded favorably

Location

Nairobi, Kenya

Equal Opportunity Employer

CrossBoundary is an equal opportunity employer

How Apply

Apply for the Investment Associate Job here.

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