Regional Manager

Organization
MCE Social Capital
Location
Nairobi, Kenya
Job Type
Full-time
Deadline for Applications
10/31/2022
How to Apply
Send cover letter and resume to info@mcesocap.org with “Regional Manager East and Southern Africa application” in the subject line by October 31, 2022.
Where to Apply
info@mcesocap.org
Tags
Full-time

Position Summary

The Regional Manager Africa will be in charge of MCE’s portfolio in East and Southern Africa and will represent the company at regional events and meetings. It is expected that the person in this position will use the network and knowledge to continue developing MCE’s portfolio of high-impact enterprises in the region. The role will develop and execute roadmaps for achieving MCE goals in the region including: deal sourcing, due diligence, financial analysis, deal structuring, and post-investment management across both investment portfolios.

This position reports directly to the Chief Investment Officer, will be part of a team of nine Portfolio staff and will also coordinate workstreams across other MCE functions. The position works with and supervises the work of Portfolio Analysts and Portfolio Interns based across MCE’s offices.

Candidate Profile
An ideal candidate will possess the skills, abilities, and engagement that will allow him/her to quickly assume relationships with existing clients, generate new deal pipeline, complete investment analysis, and recommend a long-term strategy for the countries under management, in particular the development of the SGB portfolio. The candidate will strive to generate positive environmental and social impact in line with MCE’s mission while managing portfolio economics and risks.

We are looking for individuals with a “can-do” attitude, who are passionate about supporting businesses in developing countries. The candidates are able to work in a dynamic environment, have entrepreneurial drive, an analytical mind with extreme attention to detail, and pride in the quality of their work. Our approach to work, whether with colleagues, partners or clients, is collaborative.

Responsibilities Include:

Pipeline Development:
• Deal sourcing and deal screening for FSPs and SGBs, including financial, operational and impact metrics
• Work closely with the Initial Assessment team to review potential deals and fit with MCE’s
strategy End to end Due Diligence process:
– Term sheet negotiation
– Financial modeling and analysis
– On-site visit
– Country risk analysis
– Investment structuring and risk mitigation; for SGBs, that includes mezzanine type transactions (revenue-based funding, venture debt, etc.)
– Investment memoranda drafting
– Approval process, including presentation of investments to MCE’s Loan Committees
– Management and execution of all investment legal documents in partnership with MCE’s General Counsel

Portfolio Management:
• Monitor ongoing financial and operational performance of clients
• Analyze country risks and trends
• Monitor and communicate internally relevant trends in the SGB and FSP sectors that may inform MCE’s investing strategy and/or individual investments
• Manage restructurings and workouts

Impact Measurement:
• Work alongside the Impact Analyst to collect and monitor social & environmental impact data across MCE’s portfolio. Contribute to impact analysis for annual Guarantor report, Board memos, and general MCE communication.

Strategy and Process Improvement:
• Support the Director of Investments and Risk, the Chief Investment Officer and the Senior
Management team in refining the portfolio strategy in Africa (sector, geography, etc.),
investment theses, and enabling process improvements.

Business Operations:
• Manage and support MCE operations in East and Southern Africa.
• Support the hiring process of additional staff in Nairobi – when appropriate
• Ability to manage the staff in the regional office, slated to grow modestly in the next few years.

External Representation:
• Participate in industry events.
• Forge relationships with peers in the impact space (industry associations, equity investors, lenders, accelerators, etc.) in various capacity: ecosystem building, pipeline development, deal coordination, workouts, etc.
• Translate external learnings into internal process improvements.

Position Requirements
• Master’s degree, CFA or equivalent.
• Minimum of ten years of full-time professional experience, including five years of direct investing in SGBs. Operational experience in either agriculture or business processes, a plus.
• Preference for candidates with a strong background in credit risk analysis, private equity, venture capital, and impact investing.
• Fluency in English is required.
• Strong understanding of financial accounting: must be able to quickly analyze financial
statements, draw conclusions, and produce questions.
• Thorough knowledge of Excel and ability to create complex financial models.
• Excellent written and verbal communication skills, with an ability to present complex
information concisely and communicate in a highly professional manner.
• Able to manage and lead a small team of investment professionals
• Self-motivated and proactive work ethic, with a demonstrated ability to see tasks through to completion independently and carry new ideas to fruition.
• Strong commitment to and passion for MCE’s mission and strong belief in the value of “impact first” impact investing.
• Willingness to travel 25% of the time throughout East and Southern Africa and to the annual staff retreat in the US or Spain.

Location:
Nairobi, Kenya

Compensation & Benefits
MCE provides competitive salaries and benefits, including:
• A flexible work model that includes both remote and in-office options (depending on location)
• Generous holiday and flexible paid time off
• Professional development support
• Opportunity to travel and work with entrepreneurs from around the world
• Innovative and rapidly-evolving company allowing opportunities for increased responsibilities and fast career progression
• Opportunity to learn from frequent interactions with MCE’s Board members, impact-investing leaders and angel investors sitting on the Loan Committees