Business Integrity Associate

Team: Operations

Location: London, UK

Employment Type: Permanent

Salary: Competitive

Closing Date: 03 July 2018

Business Integrity Associate

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

Purpose

  • The Business Integrity and Compliance team plays an important role in reinforcing CDC’s reputation as a responsible investor; ensuring CDC meets its regulatory commitments with respect to the FCA, having systems and controls in place to counter the risk that CDC might be used to further financial crime and working to enhance private sector standards in financial crime management in our target geographies
  • The Business Integrity Associate will support CDC’s investment operations by identifying, assessing and mitigating integrity risks in the pipeline and portfolio stages of CDC’s investments as well as meeting CDC’s financial crime regulatory obligations. As part of this work, the Associate will also engage with investment clients to strengthen their capacity to withstand integrity risks to their operations

Responsibilities

  • Conduct integrity due diligence for individual investments, providing written and oral analysis of the business integrity risks to investment teams and senior management
  • Undertake business integrity related research and due diligence for pipeline investments and engage with external consultants where required
  • Monitor for integrity issues in specific parts of the portfolio, managing relationships with portfolio companies or funds
  • Provide integrity focused capacity building to investment clients
  • Assist with training and awareness sessions on Business Integrity issues within CDC. Contribute to briefing notes and documents published as part of the team’s communications strategy
  • Maintain positive relationships with CDC’s fund, debt and equity investment teams, as well as other operational teams
  • Develop tools in anti-corruption, anti-money laundering or counter terrorist-financing to help improve business integrity outcomes at portfolio companies and funds
  • Support the strengthening of CDC’s internal business integrity processes for assessing risks in investments and the portfolio
  • Contribute to identifying and promoting best practice in dealing with Business Integrity issues, both internally and externally, such as through training and awareness sessions

 

The Candidate

Background

Essential

  • 2-3+ years’ experience in identifying, assessing and addressing financial crime issues preferably within the private equity or investment banking sectors, and involving clients in emerging markets, ideally in CDC’s target geographies in Africa and/or South Asia and across a wide range of sectors e.g. infrastructure, manufacturing, financial institutions.
  • Experience in conducting financial crime focused research / due diligence, remotely and onsite;
  • Knowledge of, and experience with, UK regulatory requirements on anti-money laundering and counter terrorist financing (AML/CFT) and/or anti-corruption
  • Experience in developing and delivering financial crime prevention solutions to a wide range of clients
  • University degree and preferably a postgraduate qualification in a relevant discipline
  • Interest in developing countries and poverty reduction

Technical Skills

  • Knowledge of tools and techniques in one or more of anti-money laundering, anti-corruption, counter terrorist financing, sanctions, and/or fraud prevention
  • Sound research and analytical skills;
  • Good report writing ability;
  • Experience in at least one or more of the following:
  1. managing fraud and/or sanctions issues
  2. evaluating and developing financial crime compliance policies and procedures
  • conducting and managing investigations of financial crime-related matters
  1. developing anti-corruption solutions and/or applying adequate procedures in line with the UK Bribery Act

Desirable

  • Detailed knowledge of and experience with international legislation or standards:
  1. to address money laundering, terrorist financing, and/or corruption; or,
  2. on corporate governance.
  • Existing thematic knowledge of integrity issues in CDC’s target geographies would be an advantage
  • Experience analysing financial records would be an advantage
  • Competency in one or more languages relevant to CDC’s target geographies would also be an advantage.

Desirable

  • Detailed knowledge of and experience with international legislation or standards:
  1. to address money laundering, terrorist financing, and/or corruption; or,
  2. on corporate governance.
  • Existing thematic knowledge of integrity issues in CDC’s target geographies would be an advantage
  • Experience analysing financial records would be an advantage
  • Competency in one or more languages relevant to CDC’s target geographies would also be an advantage.

 Personal Skills

  • Systematic approach to work with a keen attention to detail;
  • Proactive and clear ability to look and plan ahead;
  • Capability to identify and assess strategic implications of issues;
  • Proficient in managing diverse views and developing a consensus around standards;
  • Demonstrated ability to independently manage and prioritise a busy and diverse workload with a range of deliverables for a variety of stakeholders;
  • Confident and articulate, with excellent written and verbal communication skills;
  • Strong team player who enjoys working as part of a close team and willing to collaborate and support the team on a variety of different initiatives and tasks;
  • Highly motivated and results driven.

 

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 

 

Roles Posted: 04/06/2018

Roles Closes: 03/07/2018

Salary: Competitive

Apply now