Summer Intern (Direct Equity – Manufacturing)

Team: Investment

Location: London, UK

Employment Type: Intern

Salary: Competitive

Closing Date: 30 January 2019

Summer Intern (Direct Equity – Manufacturing)

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

 

Purpose

Making direct equity investments is central to our strategy. Such investments allow us to target capital at businesses that provide significant employment opportunities and which have the potential for strong growth and the creation of even more jobs. 

The Manufacturing team is currently building up its equity investments portfolio. The team targets a wide range of sub-sectors with a strategic focus on capacity building, import substitution and export-led industries. It is a small team with a large mandate, hence interns will be expected to be self-motivated, be able to adapt fast and support the team across a variety of workstreams. The internship can be a very rewarding experience for the individual.

Responsibilities

  • Financial and valuation analysis
  • Building or analysing financial models and conducting sensitivity analysis
  • Conducting a detailed valuation on a company using various methods and tools (such as CapitalIQ)
  • Assisting with writing reports and presentations
  • Assisting with organising information on due diligences and assisting on due diligences
  • Undertaking research into regions, countries and specific sectors sometimes on an ad-hoc basis. This will include supporting on sector mapping exercises or companies research
  • Monitoring the financial news and updating the team of material information in the target countries, sector and companies
  • On portfolio management, assisting on the preparation of periodic reports

 

The Candidate

Background

  • University degree or equivalent and currently enrolled in an MBA programme or equivalent programme
  • Demonstrable business experience, preferably in investment banking, consulting or private equity
  • Demonstration of identity with CDC’s proposition including:
    • An awareness of and appreciation for CDC’s objectives
    • A desire and passion to be part of CDC’s strategy and participate in its work
    • Evidence of high performance standards in previous positions

Technical Skills

  • Highly numerate with advanced knowledge of Excel and PowerPoint
  • Ability to analyse data, draw conclusions and present ideas
  • Strong written and oral presentation skills
  • Concise report writing
  • Strong commercial insight into the challenges and issues that businesses face
  • Analytical, research and valuation skills, including the ability to analyse company financial statements, sector data, economics and relevant political events
  • Understanding of debt and equity investments and the challenges/issues involved with a type of investment
  • Understanding of emerging market environments

Personal Skills

  • Strong written/verbal communication skills
  • Team Working skills: Collaboration with own team and the larger employee community
  • Self starter: Ability to work independently under deadlines
  • Result-oriented: 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 

Candidates should be strongly motivated by CDC’s development mission and ideally demonstrate some commitment to development or social goals through previous executive or non-executive activity

 

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