Associate Energy Eastern & Southern Africa
Your Role
Role
The Energy Eastern and Southern Africa team (ESAF) team is looking for an enthusiastic Associate. In this role, you are involved in both new transactions and portfolio management:
The Associate is responsible for monitoring the progress and performance of a portfolio of renewable energy projects in the ESAF region. Specific tasks include:
We offer meaningful and impactful work in an international work environment.
Please note that you need to be currently living in the Netherlands.
Your Team
The ESAF team comprises 13 investment professionals (including this vacancy) and is responsible for the sourcing, execution, and supervision of all debt-related energy investments in the Eastern and Southern Africa region. The team is responsible for a growing portfolio of around 40 clients and circa EUR 500 million exposure and is supported by a team of environmental, social, insurance, legal, and compliance specialists.
The Energy sector has been prioritized by FMO as one of three strategic sectors under Strategy 2030 which aims to contribute to SDG7 and SDG13. FMO is a leading financier in the energy sector in emerging markets. Next to financing energy generation projects (mainly solar, wind, and hydropower) and distributed energy solutions, FMO is broadening its energy scope further in segments that are critical to realize a zero-carbon energy transition pathway and supply chain.
The department comprises about 55 professionals focusing on senior debt and mezzanine finance. FMO aims to build a substantial portfolio of sustainable investments that realize steady and market-driven returns. The total Energy portfolio amounts to approximately EUR 2.3 billion. The department has four regional teams servicing our target markets: The East & Southern Africa (ESAF), West & North Africa and Middle East (WA/MENA), Asia & Eastern Europe (Asia/ECA), and Latin America and the Caribbean (LAC).
Your Background
Are you enthusiastic about this opportunity, and do you meet the criteria? We would love to hear from you and learn more about you. So please, apply today!
#PioneerDevelopScale.
Please note that if you are a current FMO external/contractor, use your personal email address to apply.
About FMO
FMO delivers economic, social, and environmental development to entrepreneurial initiatives on a global scale, believing in our contribution to a better world, starting from our values as an organization and respect within our teams.
To learn more about who we are, our Vision, Purpose, Mission, Company Culture, and Leadership, please visit our page via the Profile - FMO button below. At FMO, we are guided by our four core values: Diversity, Integrity, Making the Difference and Quality. These values are the foundation of our strong company culture, fostering an environment where we work together to make a positive impact on the world.
Do you fit the criteria and are excited about this role? We invite you to express your interest and apply for this position. We look forward to learning more about you and your contribution to our team.
#PioneerDevelopScale.
Role
The Energy Eastern and Southern Africa team (ESAF) team is looking for an enthusiastic Associate. In this role, you are involved in both new transactions and portfolio management:
The Associate is responsible for monitoring the progress and performance of a portfolio of renewable energy projects in the ESAF region. Specific tasks include:
- Supporting the (Senior) Investment Officers in the Africa Energy teams throughout the execution, contracting and construction phase of transactions;
- Preparing market and financial analyses of existing and new clients, sectors and countries;
- Preparing financing proposals, credit reviews and change requests and participate in discussions with Credit, Legal and other departments within FMO;
- Preparing and actively participating in due diligence missions and client visits (international travel);
- Building relationships with clients on an operational working level;
- Managing the internal systems and processing and filing of customer data, including on KYC, ESG, Impact, financials, legal and insurance.
- Acting as a knowledgeable sparring partner for other team members.
- Analyzing operational and financial reporting and data of existing clients (e.g., financial performance, compliance with covenants, assessment of forecasts, etc.);
- Writing reports and managing internal processes related to monitoring the performance of existing clients (annual reviews, change requests, waivers, etc. and participating in discussions with Credit, Legal, and other departments within FMO).
- Supporting (Senior) Portfolio Officers in the team in managing relationships with clients at an operational working level.
We offer meaningful and impactful work in an international work environment.
- A competitive gross yearly salary of between EUR 55 – 65K based on 40-hour work week (including holiday allowance), depending on years of relevant experience and background.
- Premium free pension and 31 holidays.
- Working remotely, flexible work arrangements, and hybrid way of working can be considered.
- A 24/7 NS transport card and individual training budget. Our beautiful work premises are located 5 minutes’ walk from the station Laan van NOI in The Hague.
Please note that you need to be currently living in the Netherlands.
Your Team
The ESAF team comprises 13 investment professionals (including this vacancy) and is responsible for the sourcing, execution, and supervision of all debt-related energy investments in the Eastern and Southern Africa region. The team is responsible for a growing portfolio of around 40 clients and circa EUR 500 million exposure and is supported by a team of environmental, social, insurance, legal, and compliance specialists.
The Energy sector has been prioritized by FMO as one of three strategic sectors under Strategy 2030 which aims to contribute to SDG7 and SDG13. FMO is a leading financier in the energy sector in emerging markets. Next to financing energy generation projects (mainly solar, wind, and hydropower) and distributed energy solutions, FMO is broadening its energy scope further in segments that are critical to realize a zero-carbon energy transition pathway and supply chain.
The department comprises about 55 professionals focusing on senior debt and mezzanine finance. FMO aims to build a substantial portfolio of sustainable investments that realize steady and market-driven returns. The total Energy portfolio amounts to approximately EUR 2.3 billion. The department has four regional teams servicing our target markets: The East & Southern Africa (ESAF), West & North Africa and Middle East (WA/MENA), Asia & Eastern Europe (Asia/ECA), and Latin America and the Caribbean (LAC).
Your Background
- Master’s degree in economics, finance, or business administration;
- Around 2 to 3 years of relevant working experience in the banking or (renewable) energy sector. Experience in emerging markets, especially Africa, is a plus.
- Experience in portfolio management, transaction analysis, and execution. Specific project finance experience is a plus.
- Excellent English communication skills, both written and verbal
- Proven analytical and risk assessment skills, including financial modelling skills.
- Outgoing personality with a commercial drive and sound business sense.
- A team player who is proactive and attentive to details.
- Displays a strong service and client orientation.
- Strong networking, analytical, and communication skills.
- Task-orientation: aiming to concretely contribute to team/department targets within set time frames.
- Flexible, pragmatic, and capable of working on several assignments at the same time.
- Entrepreneurial and at the same time risk-aware when needed.
Are you enthusiastic about this opportunity, and do you meet the criteria? We would love to hear from you and learn more about you. So please, apply today!
#PioneerDevelopScale.
Please note that if you are a current FMO external/contractor, use your personal email address to apply.
About FMO
FMO delivers economic, social, and environmental development to entrepreneurial initiatives on a global scale, believing in our contribution to a better world, starting from our values as an organization and respect within our teams.
To learn more about who we are, our Vision, Purpose, Mission, Company Culture, and Leadership, please visit our page via the Profile - FMO button below. At FMO, we are guided by our four core values: Diversity, Integrity, Making the Difference and Quality. These values are the foundation of our strong company culture, fostering an environment where we work together to make a positive impact on the world.
Do you fit the criteria and are excited about this role? We invite you to express your interest and apply for this position. We look forward to learning more about you and your contribution to our team.
#PioneerDevelopScale.