Director of Development Impact (Investments)

Team: Operations

Location: London, UK

Employment Type: Permanent

Salary: Competitive

Closing Date: 30 June 2018

Director of Development Impact (Investments)

Our Mission

  • Our mission is to support the building of businesses throughout Africa and South Asia, to create jobs and make a lasting difference to people’s lives in some of the world’s poorest places.
  • We aim to invest in countries where we can have the greatest impact. In countries where the private sector is weak and jobs are scarce.
  • We invest in sectors where growth leads to jobs – both directly and indirectly. In sectors such as manufacturing, agribusiness, infrastructure, financial institutions, construction, health and education. Last year, the businesses we invest in created more than a million jobs. 
  • We are successful because we are a high quality investment organisation, using the best commercial skills and judgement to make investments in great companies and support them to grow over the long term.  We therefore want to attract people with these skills but who are motivated to use them to dramatically improve the private sector in Africa and South Asia
  • For further information, please visit our website cdcgroup.com

The Role

  • The Director of Development Impact (Investments) is a key leader within CDC. (S)he will be responsible for overseeing impact management in CDC’s investment portfolio.
  • (S)he will manage and provide leadership to a team of approximately 15 professionals that act as the technical partners to deal teams to assess impact risks and opportunities in potential investments and to manage that development impact in our existing portfolio of investments.

 Purpose

  • The purpose of this position is:
  • to ensure that impact is at the core of everything CDC does
  • to ensure a thoughtful, professional, proportionate, coordinated and commercial approach to delivering impact across our portfolio of investments
  • to liaise with the investment teams (including sector specialists) to ensure a robust approach to assessing, measuring, and maximizing development impact in CDC’s investing.

Responsibilities

  • Ensure that the Development Impact (Investments) team engages in the investment and portfolio management processes in partnership with the deal teams by providing expert technical input into sector strategies, providing advice, due diligence and recommendations into individual investment proposals and supporting the design and implementation of longer term value creation activities (including the management of grant funding to support these activities).
  • Liaise with DFID to better communicate CDC’s strategic approach to impact management in investing, understand DFID priorities and emerging trends and participate in combined efforts regarding impact
  • Be a champion of CDC (especially in the areas of impact) publicly and with stakeholders.

 

The Candidate

Background

  • The individual appointed as CDC’s Director of Development Impact (Investments) will have breadth of experience in international development, including in impact management, coupled with a good appreciation of the realities and constraints of a commercial context.
  • Demonstrated ability to formulate a clear investment impact thesis, and make accurate judgement calls drawing on prior investment, and/or operating experience 
  • The candidate must also have a clear understanding and alignment with CDC’s mission and purpose as a development finance institution.
  • Work experience in development countries, preferably in Africa and South Asia is desirable.
  • Experience working in investment and/or entrepreneurial space is desirable
  • Minimum requirements:
  • A Master’s degree (or equivalent experience) in a relevant discipline.
  • A minimum of 10 years’ experience in a relevant field – for example, international development – with exposure to private sector work.

Technical Skills

  • A proven leader and manager.
  • A good appreciation of private sector businesses and what it takes to grow and make them successful. Clear understanding of technical and business model challenges present in the emerging market.
  • Experience developing and delivering cross-institution initiatives.
  • A persuasive communicator who can educate and influence both internal and external audiences about the nature and extent of CDC’s impact.
  • The ability to command respect and to create a sense of community amongst the members of the various teams across CDC.
  • Good knowledge of techniques for planning, monitoring and controlling projects and project teams.
  • The ability to find ways of solving or pre-empting problems.
  • First rate people skills including the ability to communicate with clarity and simplicity.
  • Strong strategic mindset and proven ability to innovate, collaborate and translate plans into action
  • High level of comfort with ambiguity and working in a dynamic, rapidly evolving organisation in developing a new team.

 

CDC Identities

  • We look for candidates who share our culture and reflect our identity, the CDC identities are described as follows:
  • compassion is central to everything we do
  • we owe our clients and prospective clients a fast and thoughtful process
  • we accept the tough challenges inherent in our mission
  • we are quick and non-defensive when things go wrong
  • we oppose bureaucracy
  • we never forget that we are investing and spending tax payers’ money
  • We promote a fulfilling work environment

 

Please submit a cover letter with your application

Role Posted: 01/06/2018

Roles Closes: 30/06/2018

Salary: Competitive 

Apply now