Associate Director – Impact Investments

Habitat for Humanity International is seeking to hire a proactive impact investment professional for the role of Associate Director – Impact Investments. The position of Associate Director will play a critical role in the deployment, refinement, and the execution of the strategy around impact investments. The position will provide portfolio monitoring and analytical support for the existing MicroBuild fund and MicroBuild India, while also contributing significantly to ongoing discussions around the launching and structuring of the second fund. The position will closely work with the advisory team and help them structure innovative blended finance solutions to further unlock capital in this sector.

ABOUT HABITAT’S MICROBUILD FUND:

Habitat for Humanity’s strategy calls for an expanded role in market approaches to solving housing crises. One of the critical elements of the strategy focuses on impact investments and improving access to affordable housing finance solutions for low-income households. Efforts in this area include establishing the first impact investing fund dedicated exclusively to enabling housing microfinance, the MicroBuild Fund. The fund lends to microfinance institutions, which in turn provide small loans to families to build safe, decent, and durable homes as their finances allow. Additionally, MicroBuild provides advisory services ranging from market analysis and product design to capacity building for loan officers to support such products and scale the offerings to reach more clients. By providing both long-term capital and advisory services, MicroBuild models a systems-level approach to addressing the lack of housing finance options available to low-income households. The fund manager of the MicroBuild Fund is a well-known asset management firm in the sector. The advisory team of the fund also focuses on unlocking additional capital by inviting or mobilizing other investors into this space such as impact investors, development finance institutions, asset managers, etc. The advisory team of the MicroBuild fund is also looking for new and alternative financial instruments such as credit guarantees, social bonds, etc. for high-impact financial intermediaries and investors to introduce financially investable housing portfolios and attract private investments to scale. In addition, Habitat also is the majority shareholder of a housing finance company in India, called MicroBuild India, which provides retail and wholesale solutions to microfinance institutions.

This position is based in Washington, DC on a hybrid basis and will require 20% travel.

**POSITION RESPONSIBILITIES

Impact Investment Strategy**
*Independent research on various markets, technologies, and investment opportunities.
*Identify opportunities for the expansion of markets and products globally.
*Develop a pipeline of investment opportunities (in addition to the existing fund) and contribute to the overall investment strategy.
*Build a business case including business plan and financial modeling for internal buy-in and mobilization of the resources.
*Contribute to the strategic discussions around the second fund possibility and its structuring.
*Support with management of MicroBuild India.

Portfolio Management
*Using internal database and the dataset from the fund manager, analyze financial, operational, and impact data from investees to identify risks and understand trends. This task also includes reviewing financial spreadsheets, analyzing data and financial statements and create own models, identifying trends in data, applying analytical skills to understand trends and draw out conclusions.
*Monitor country and market risks. Identify trends such as regulatory and industry developments impacting the financial institution sector globally.
*Financial analytics, regulatory compliance, and board management.

New Products and Support Transactions
*Provide support to the advisory team to help develop and structure new investment solutions and attract new investors and help unlock additional capital for the sector.
*Support business development efforts of the advisory team.
*Contribute to the development of the climate finance portfolio.
*Preparation of collaterals such as concept notes, pitch decks, and financial models to contribute to the fundraising for such initiatives.
*For the new investment solutions, perform end to end deal execution from origination, due diligence (onsite and offsite), financial modelling, credit appraisal and documentation.

Donor Mobilization and Reporting
*Understand the donor and investor landscape and help raise grants and returnable capital to implement new products and advisory solutions by working closely with departments responsible for fund raising.
*Manage the relationships with the donors and investors and day to day coordination.
*Develop collaterals such as concept notes, proposals, pitch decks, etc. to outline concepts for donors and investors.
*Lead the donor and investor reporting for the existing first fund.

REQUIREMENTS:

*Pursuant to current HFHI policy, this position requires full vaccination against COVID-19, except to the extent such requirement is prohibited by applicable law.
*Post graduate degree in economics, business administration, or finance.
*8+ years of experience in impact investments with a good track record in deals including origination, structuring, due diligence, appraisal, and documentation.
*Experience with due diligence and analysis of investment opportunities in financial institutions.
*Good understanding of financial instruments used in the impact investment industry such as debt, impact bonds, credit guarantees, mezzanine, and convertible products.
*Business development and relationship management skills; strong network among donor and investment community would be an added advantage.
*Proficient analytical, writing, and presentation skills; Strong financial modeling and valuation skills; proficiency with spreadsheets.
*Strong understanding of financial concepts such as valuation techniques, IRRs, asset allocations, etc.
*Willingness to travel regularly in the region.
*Strong collaboration skills.
*Excellent oral and written English language skills.
*Passionate about impact investments, housing sector, and climate finance; enjoys working with, and easily adapts to different cultures.
*Sound knowledge of the financial inclusion sector including microfinance, SME finance, and digital finance.
*Active support of HFHI Values:
– Humility – We are part of something bigger than ourselves.
– Courage – We do what’s right, even when it is difficult or unpopular.
– Accountability – We take personal responsibility for Habitat’s mission.
– Safeguarding: HFHI requires that all employees take seriously their ethical responsibilities to safeguarding our intended beneficiaries, their communities, and all those with whom we work. Managers at all levels have responsibilities to support and develop systems that create and maintain an environment that prevents harassment, sexual exploitation and abuse, safeguards the rights of beneficiaries and community members (especially children), and promotes the implementation of Habitat for Humanity’s code of conduct.