Opportunity Type: Job
VisionFund International
United Kingdom
About the Organization:
VisionFund is the microfinance subsidiary of World Vision (WV). VisionFund International (VFI) works in partnership with World Vision and helps to improve the lives of children in the developing
world by offering small loans and other financial services to families living in poverty.
About the Job:
VFI is seeking a Debt Funding and Corporate Finance Manager to work with the global funding director on coordinating the debt funding of VFI and the MFIs.
Tasks and Responsibilities:
- Assist in the coordination of the global debt funding activities among the MFIs;
- Analyze funding projections and coordinate the process of the MFI borrowings between the MFIs and VFI;
- Perform initial review of loan agreements and monitor the MFI compliance with various lenders covenants;
- Coordinate with the MFI finance managers as needed and act as the liaison between lenders and MFIs to expedite the borrowing process;
- Research new lenders and various funding facilities in the market and prepare lender briefs as needed;
- Research new funding options and coordinate the due diligence process with the lenders and the MFIs;
- Assist the global funding director in managing the global banking relationships for VFI and the MFIs;
- Assist the global funding and corporate finance director in equity participation deals;
- Monitor the borrowing activities of the MFIs and their compliance with internal requirements of leverage ratios and borrowing limits;
- Provide periodic analysis reports supporting the global funding activities;
- Participate in providing a full support to the MFIs with regard to capital market activities and borrowings;
- Liaise with VFI finance to develop funding projections and develop various reporting requirements for the VFI board;
- Responsible for the administration and maintenance of the MFI borrowing database and any other database supporting the global markets activities;
- Track and report on debt funding for VFI and MFIs via the repayment schedule;
- Coordinate the review and approval process of MFI third party borrowing transactions;
- Support the debt fundraising activities of VFI and the marketing efforts for debt products by developing product concepts, documentation, legal contractual framework, and guidelines;
- Provide necessary analysis and research supporting the various global funding projects and initiatives;
- Liaise with various internal groups within VFI and WVI to ensure adequate and efficient review process if NFI borrowings.
Qualifications:
- Bachelor’s degree in Business or Finance (Advanced Graduate degree is preferred);
- At least 3-5 years finance experience with a mid to large size bank, MFI, or fund;
- At least 3-5 years of experience in credit analysis and management, microfinance lending, and debt management experience preferably with a microfinance banking institute/asset manager;
- Ability to work in complex legal systems and ensure procedures internally and with third parties are well documented, monitored, and executed;
- Ability to work well with WV internal groups and MFIs. Microfinance experience a plus;
- Strong finance, written and oral presentation skills, plus good grasp of international accounting principles;
- Excellent numerical and analytical skills, particularly in the area of capital markets instruments and financial risk management (derivatives, foreign exchange etc.);
- Licensed to sell securities in the EU or in USA and familiar with securities law and regulations is highly desirable;
- Quantitative analysis with excellent command of Excel and spreadsheets;
- Fluency in English required, Spanish a plus;
- Flexibility on hours to contact people within wide time zone differences is required.
Posted: 10 Apr 2013
Closing Date: 01 Jun 2013
How to Apply:
http://www.microfinancegateway.org/p/site/m//template.rc/1.11.190064