Investment Officer, Latin America, ADTx

About Accion Impact Management:

Accion Impact Management is Accion's platform for impact investments in financial inclusion leveraging third-party capital. Accion Impact Management manages Accion Ventures and Accion Digital Transformation and is a registered investment advisor with the U.S. Securities and Exchange Commission (SEC). It is staffed by a team of investment professionals, working to harness the capital markets to provide high-quality and affordable financial services to people who are currently excluded from the financial system. More at https://accion.org/accionimpactmanagement.

About Accion Digital Transformation (ADTx):

Accion Digital Transformation works with financial service providers to scale efficiently through digitization and reduce reliance on high-touch delivery. We provide growth capital and strategic support to companies undergoing digital transformation so they can use innovative technology to better meet the needs of underserved people and operate more effectively. Accion Digital Transformation is an investment strategy of Accion Impact Management. More at https://www.accion.org/digitaltransformation.

Position Summary

The Investment Officer would bring experience in private equity investing in emerging market, particularly in regulated financial inclusion institutions that are developing innovative digital financial services. This position should also bring operational knowledge of how financial service providers can leverage technology to scale. We expect ADTx investments in Latin America will represent roughly 20-30% of total geographic allocation of the fund. The Investment Officer will, along with Regional and Managing Partners, have influence on the ADTx strategy and portfolio allocation in the region.

The person in this role will be based in Washington, D.C. (hybrid model).

Position Responsibilities

Lead the investment process with supervision of the Regional and Managing Partners for transactions in Latin America as well as support the team globally as needed; the investment process includes identifying equity investment targets consistent with the fund's impact mission and digitization theme, leading deal execution, presenting deal analysis and investment recommendations to the Investment Committee, negotiating deals (including legal documentation), ensuring compliance with ESG policies, helping develop a digitization strategy, managing the equity investment portfolio, and developing exit alternatives;
• Prepare detailed financial models, projections, and valuations to analyze equity investment and divestment opportunities and report to LPs;
• Provide strategic support for portfolio companies, such as developing suitable alliances, raising new debt and equity, and providing input on strategic decisions, especially ESG and digitization initiatives;
• Manage co-investment consortia and develop strong relationships with co-investors and management team of the portfolio companies;
• Develop and execute along with the Regional and Managing Partners responsible commercial exit strategies for portfolio companies;
• Provide ongoing support to the Operations and Finance team on portfolio company valuation and reporting;
• Work closely with the Regional and Managing Partners to build a strong brand and culture, while assuring that Accion Impact Management adheres to industry best practices;
• Represent Accion Impact Management locally in the region, participating in professional development and knowledge sharing activities externally and within Accion as appropriate.

Position Qualifications

• 10+ years of work experience of private equity focused on financial institutions, identifying, analyzing and valuing investments, negotiating transactions and managing investments with deep ties and experience in Latin America;
• Due diligence and analytical experience to identify commercially sustainable investments;
• Excellent communication and interpersonal skills, cultural sensitivity, willingness and ability to work across all levels of organization and colleagues from diverse backgrounds. Proven experience in developing senior executive presentations and communications;
• Ability to work independently while working with a global team;
• Willingness to embody our values of excellence, respect and passion for social change.
• Masters level degree in business or finance;
• Strong oral and written communication skills in English and Spanish required; French is a plus;
• Travel within Latin America and internationally is required.

Travel Requirements:

Approximately 20-30% of the time

Compensation and Benefits

• Salary Range: $120K- $130K
• The above salary range serves as a general guideline. Accion considers a number of factors when determining base salary offers such as the scope and responsibilities of the position and the candidate's experience, education, training, skills, location, current market conditions as well as internal pay alignment.
• AIM provides a total compensation package, including base salary, discretionary merit-based bonus, and a variety of benefits including health insurance (90% employer funded), life and disability insurance, retirement plans (up to 6% employer match), paid holidays and paid time-off for vacation plus personal days as well as sick days.

Applicants for this position must be currently authorized to work in the United States. AIM is not sponsoring applicants for work visas at this time, nor applicants requiring other forms of employment work authorization. This position is not eligible for U.S. work authorization/visa sponsorship.

AIM is an equal opportunity employer. We are committed to a diverse and inclusive workplace culture. AIM seeks qualified applicants without regard to race, color, gender, sex, age, religion, creed, national origin, ancestry, citizenship, marital status, sexual orientation, physical or mental disability, medical condition, military and veteran status, gender identity or expression, genetic information, change of sex or transgender status, or any other basis protected by law. AIM is committed to providing reasonable accommodations to applicants with disabilities.