Investment Product Manager

Ethex & Energise Africa

Oxford

Paid • Full Time • Fixed Term Contract

jobs@ethex.org.uk

Sectors: carbon, climate & energy, sustainability

Closing date: Sunday, 20th September 2020   2 days left


JOB OPPORTUNITY at one of the UK’s leading Impact Investing PlatformsEthex/Energise Africa.

Investment Product Innovation Manager

2-year fixed term contract with the potential for the role to be made permanent. Start date ASAP.

Oxford – flexible working available

Salary: Competitive and dependent on experience

The Investment Product Innovation Manager role is a fantastic opportunity to join Ethex to lead on the development of financial products for Ethex’s sister impact investing platform, Energise Africa as part of its scale up activities over the next 2 years.

Ethex and Energise Africa

Ethex is a multi-award-winning positive investment retail platform that brings together the best positive and ethical savings and investment opportunities to make it easy for everyone to #makemoneydogood. On our platform, individuals can invest in and save with businesses that are promoting causes they believe in – whether it’s fighting climate change, reducing poverty or building resilient communities. In 2017, we launched Energise Africa, offering people a chance to fight climate change by investing in pioneering businesses that install life-changing solar home systems in sub-Saharan Africa.

Since 2013, Ethex and Energise Africa have helped raise close to £100 million of investment for over 100 impactful organisations from ~20,000 positive savers and investors. We are a leading innovator in the field and this role offers the right candidate an excellent opportunity to be part of an organisation at the cutting edge of making positive investing mainstream.

Energise Africa is innovating when it comes to the catalytic blending of finance from individual investors, governments, foundations and corporates to deliver pioneering financial products to the market that help to much better meet the needs of investors and investees alike. We have ambitious plans to use the power of Fintech to drive transformational change across the finance sector when it comes to bridging the UN SDG finance gap and enabling people to use their money in direct ways to take meaningful action on climate change.

Investment Product Innovation Manager

This is a strategic role where you will be working with new and existing partners (UK aid, Virgin Unite and Good Energises Foundation) to accelerate and scale up the platform, generating up to $100 million of investment over the next two years by creating and deploying innovative financial products into mainstream impact investing for everyday people.

This position will be instrumental in developing new financial products and mechanisms which can appropriately de-risk emerging market investment opportunities in renewable energy companies – ensuring they are appropriate and accessible for a mainstream audience by blending capital from a variety of sources in pioneering ways.

The Investment Product Innovation Manager’s responsibilities include:

New financial product development and delivery:

  • Work on the design and delivery of a series of new financial products as stipulated in the P4G work plan including; a new retail fund, the design of a credit default pool, guarantees, match and first loss co-investment.
  • Work in collaboration with functional teams across Energise Africa and its partners to support the successful launch of these new products, both from a retail and institutional investment perspective.
  • Work with internal and external service provides to ensure that Energise Africa has appropriate systems and infrastructure in place to efficiently and effectively deliver high quality products which exceed the expectations of our investors.
  • Develop a comprehensive understanding of the UK and European regulatory environment and use this knowledge to identify potential opportunities and challenges to Energise Africa’s shorter and longer-term investment and product development strategy.

Strategic Partnerships:

  • Work collaboratively with public and private organisations and key sector stakeholders to develop innovative finance mechanisms using catalytic capital blended in innovative ways to accelerate affordable energy access across subSaharan Africa and potentially other emerging markets, which are commercially viable.
  • Assist with securing potential sources of funding to support the development and piloting of new financial products and approaches across new geographies and new sectors.

Ongoing Product Management:

  • Analyse and interpret investor data and monitor the competitor and regulatory environment to ensure the effective optimisation of Energise Africa’s existing product portfolio to ensure high levels of investor appeal and satisfaction and overall profitability.
  • Tracking emerging market trends and competitor offerings across the UK, Europe and Worldwide.
  • Engage and manage relationships with key consultants and advisors to ensure products are and remain fully compliant.
  • Develop and work with a coalition of stakeholders and policy makers across the green finance and ESG community sharing knowledge and best practice and positioning Energise Africa and its partners as an innovator in the sector

Key skills and experience:

  • Degree educated (preferably with a focus on Finance/Maths/Statistics/Economics)
  • Minimum of 5+ years of work experience in the public and private sector, including investment banking, developing structured financial products and / or development finance
  • Knowledge of experience in green finance, including climate finance, green bonds, relevant project finance and impact investing is highly desirable
  • Proven success of managing complex projects involving multiple stakeholders and partners
  • This person will take a dynamic and entrepreneurial approach to developing and implementing these products, developing effective work around strategies to solve problems as they arise
  • Strong attention to detail
  • Excellent communication skills, and able to interact with individuals at various levels
  • Analytical approach and an ability to apply this commercially
  • Able to show initiative and look for ways to improve existing processes
  • Ability to work under pressure and to strict time lines and manage multiple priorities
  • Must be tough and prepared to stand up for their opinions
  • Must look for solutions to problems rather than just an identifier of issues

Desirable experience: 

  • Some experience with new technologies such as blockchain, machine learning and algolending techniques
  • An understanding of the UNFCCC framework and the various UN financing institutions (Green Climate Fund, Global Environment Facility) and environmental and carbon market mechanisms that exist and which Energise Africa maybe able to benefit from as part of its growth strategy 
  • Relationships with donor governments including UK, Netherlands, Norway, Germany or Denmark

Our Values

  • We want to create a positive impact and make a difference in the world.
  • We love helping communities, social entrepreneurs and businesses in innovativeways 
  • We aim to provide excellent customer service and treat all our investors fairly. 
  • We are a dynamic, professional and knowledgeable team with a friendly, can do attitude. 
  • We are a small team that likes delivering big impact.

What it means to be part of the Ethex team

  • You can work with mission driven, happy people and help grow an award winning fintech social enterprise.
  • Visit some of the social businesses we are supporting to see positive impact on the ground. 
  • Put forward awesome projects that we should be raising investment for. 
  • Enjoy flexible working hours if it works for you and us. 
  • A good amount of holiday plus some extra days around Christmas when we close to have a rest. 
  • Statutory pension scheme 
  • Plenty of bike racks to stash your bike

Please send your CV and a covering letter specifically telling us why you should be our number one candidate to jobs@ethex.org.uk by the 20th September for consideration.

Please include your salary expectations but remember folks, we’re a social enterprise.


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