Summer Intern (Debt - Trade & Supply Chain Finance)

Team: Investment

Location: London, UK

Employment Type: Intern

Salary: Competitive

Closing Date: 30 January 2019

Summer Intern (Debt - Trade & Supply Chain Finance)

Our Mission 

  • CDC is the UK’s development finance institution. Founded 70 years ago, we invest in the most challenging markets of Africa and South Asia with the aim of supporting economic development. CDC has net assets of £5.1bn, with over 1300 growing businesses in the portfolio.
  • Last year we committed over £1billion of capital across 50 transactions. 
  • CDC is wholly owned by the UK government, who has committed a further £3.5bn of capital for CDC to deploy over the next two to three years.
  • We are expanding our presence in Africa and South Asia with further new offices openings in 2019.
  • At CDC, we take an entrepreneurial approach to investment. We think innovatively about ways to deploy our capital, attract and mobilise other investors, and drive transformational impact.
  • Primarily, CDC invests to achieve impact and a financial return which is reinvested into more businesses. We aim to create jobs and accelerate economic prosperity and focus on sectors that will do this; manufacturing, food and agriculture, infrastructure, financial institutions, construction, health and education.
  • CDC works with like-minded ambitious people who are primarily motivated by our mission to deliver impact. We are a growing team of over 300 and place immense value on diversity within our organisation.
  • Read more about us on our website cdcgroup.com

The Role

The Trade & Supply Chain Finance (TSCF) team provides capital across Africa and South Asia in the form of risk participations and other trade finance facilities both directly and through funds.

  • The intern’s primary role is to support the senior members of the TSCF team.
  • This will include assisting with:
  • Undertaking research within specific sectors and countries in line with our investment mandate
  • Evaluating new investment proposals or potential target businesses, including conducting financial analysis and financial modelling, etc.
  • Monitoring the investment portfolio
  • Maintaining deal pipeline, filtering potential opportunities to submit for review
  • Preparing presentation materials for investment committees

 

Responsibilities

Research

  • Undertaking research into regions, countries and specific sectors, creating sector maps on an ad-hoc basis.
  • Undertaking research in to specific businesses or projects and assessing funding viability
  • Keeping up to date with market developments, monitoring factors that can affect markets, and considering how these might affect the pipeline and portfolio companies
  • Monitoring the financial news and updating the DSF team of material information in the target countries, sector and companies

Evaluation of new investment proposals 

  • Updating the CDC Group Framework (database) on a regular basis
  • Initial filtering of investment proposals for deals that fit within CDC’s developmental and investment mandate
  • Analysing financial information relating to specific companies
  • Building or analysing financial models and conducting sensitivity analysis
  • Assisting with reports to be presented to investment committee for approval and participating in the meetings
  • Assisting with the due diligence on a specific company, sector, and country

Portfolio Monitoring 

  • Assisting the deal teams in the day-to-day relationship management with investee companies
  • Preparing periodic reviews of investee companies’ financial and strategic performance, including compliance with CDC’s Environment and Social Responsibility requirements 

 

The Candidate

Background 

  • MBA student or equivalent with proven interest in development and sustainability issues
  • Demonstrible business experience in an international environment, including exposure to emerging market finance
  • Experience within private equity and/or investment banking is desirable
  • Demonstration of identity with CDC’s proposition including:

An awareness of and appreciation for CDC’s objectives, outside of personal motivations and strongly motivated by these aims

Some evidence of these values is useful (E.g., volunteering, career changes due to changing motivations)

An appreciation of what CDC is doing and a real desire and passion to be part of the next phase of development that CDC embarked upon in 2011/2012

History of working with 'best in class' employers in their respective fields

Appropriate periods with each previous employer and explicable career moves

An understanding of the remuneration and its structure, with the trade-offs it requires

Technical Skills

  • Rigorous approach to due diligence and deal selection process
  • Analytical, research and valuation skills, including the ability to analyse company financial statements, sector data, economics and relevant political events
  • Report writing and advanced knowledge of Excel
  • Some knowledge of relevant markets and sectors
  • Basic commercial insight into the challenges and issues that businesses face
  • Understanding of debt and equity investments and the challenges/issues involved with a type of investment
  • Understanding of emerging market environments
  • Strong written and oral presentation skills
  • Ability to analyse data, draw conclusions and present ideas

Personal Skills 

  • Communication: Strong written/verbal communication skills to effectively carry out role
  • Team Working: Collaboration with own team and the larger employee community
  • Results Focus: Drive to achieve objectives/results
  • Personal Effectiveness: Organising self/teams to meet agreed deadlines
  • Influencing/Persuading: Ability to obtain agreement and cooperation in a ‘win-win’ fashion

 

Application Process 

  • Please provide a cover letter
  • Please apply for a maximum of two Summer Internships, clearly stating your preference in your cover letter 
  • Position opened: 7 December 2018
  • Position closes: 30 January 2019
  • Salary: £56,888 (pro-rated over 10 weeks). Please note CDC will not be able to provide relocation costs
Apply now