2010 ACCION

About ACCION International
ACCION International’s Frontier Investments Group is a double bottom line, venture equity fund focused on achieving social change through market means. In alignment with ACCION’s strategic mission of creating sustainable solutions to address poverty, Frontier Investments builds upon the success microfinance has achieved in “banking the unbanked” and looks for the next generation of technologies and disruptive business models that will radically enhance efficiency, and expand the reach and scope of financial services. Frontier Investments invests in innovative technologies, products and business models that have game changing potential in financial service delivery to the poor. Our investment thesis revolves around catalyzing three key sectors that make up what ACCION calls the "new business model" for microfinance:

·         Technology: Scalable platforms that enhance the efficiency and expand functionality of paper and people intensive processes (e.g. core banking systems, switches, credit scoring, credit bureaus, etc).

·         Distribution Channels: Mobile banking, ATMs, cards and point of sale devices, and other “branchless banking” payment systems that bring the product to the customer.

·     Financial Products & Services: Housing, microinsurance, remittances and other financial products for the poor, beyond microcredit.

Impact Investing Analyst Responsibilities
- Support the team as it engages in raising a 3rd party external fund, to invest in microfinance related technology startups that generate both strong financial and social returns.  Develop pitch decks and prospect potential investors. Develop revenue models for fund + pipeline
- Source and analyze new deals, including breakdown of the “physics” of innovative technologies / disruptive business models; identification of comparables and other core components of valuation; development of key performance indicators to measure and monitor success. Build valuation models, pro forma and liquidity scenarios.
- Incorporate best practices in fund management – based on analysis of other double bottom line, venture equity funds, historic assessment of the core competencies ACCION Global Investments (built in its quarter of a century of capital markets work) and standards of VC industry. Develop materials and case studies for course on impact investing.

Additional Selection Criteria

·         The ideal candidate will be a self-starter used to working with limited organizational administrative support and technical supervision.

·         Experience in venture capital, private equity, investment banking or relevant experience in position(s) that required critical analysis of business models and structuring deals

·         Ability to analyze strengths and weaknesses of different business models and technologies to assess potential benefits and disadvantages of adoption

·         Ability to clearly communicate data and insights in a structured fashion (especially in reports and decks)

·         Ability to work in a collaborative/team approach in a high performance environment.

·         A passion for making a difference by giving poor people the tools they need to work their way out of poverty.

·         Undergraduate degree in Economics, Finance or a related field and/or a Master degree in Business or Finance.

·      Fluency in Spanish highly desirable.