Full-Time Investment Analyst – YSB Haiti
Job Description
Yunus Social Business is offering a full-time paid position, to start in the New Year at earliest convenience, based in Port-au-Prince, Haiti.
Position Summary
We are looking for a Social Business Investment Analyst to join our team in Port-au-Prince to help us support the 10+ social businesses in our portfolio and to conduct due diligence on new social businesses in our pipeline.
Overview
YSB Haiti incubates and finances social businesses in all provinces of Haiti. We provide coaching and consulting to social business entrepreneurs, help to create and develop employment-generating social businesses through the Yunus Social Business Haiti S.A., and finance these businesses in order to help them scale their operations. The initiativeYSB Haiti was founded by Nobel Peace Laureate Muhammad Yunus and SAP and is managed by Yunus Social Business (YSB) part of the Grameen family of social businesses. The many Grameen success stories in Bangladesh and elsewhere demonstrate that social businesses can be powerful tools to unlock economic potential, create employment and self-employment, help solve social problems and reduce poverty in a sustainable way. Haiti has been selected by Prof. Yunus as one of the priority countries for social business promotion.
We, YSB, are the international consulting and project implementation company for Nobel Peace Laureate Muhammad Yunus, and our mission is to help create social businesses worldwide. Reporting directly to Prof. Yunus, we are currently a team of over 40 people worldwide, thereof 6 in Haiti, with backgrounds in strategy consulting, entrepreneurship, finance, and international development. Our central office is in Frankfurt, Germany, with our local office for Haiti based in Port-au-Prince. We are part of the Grameen network of over 40 social businesses and more than 50,000 employees. Grameen/Yunus projects, in microfinance and in social business, have been implemented in more than 50 countries around the world.
A social business is a new kind of organization that combines the strengths of both civil society and the business world. Social businesses have a social or environmental mission – like NGOs – but are financially self-sustainable – like businesses. Social business is a combination of social action with entrepreneurship and market discipline. YSB Haiti will focus on the needs of the poorest and most vulnerable members of Haitian society. It generated a first wave of social business entrepreneurs and social business projects, and provides scale-up financing to the most promising ones.
The position is based in Port-au-Prince, Haiti.
Your role
Reporting to Senior Investment Professionals and the Country Director, you will be responsible for many exciting aspects of the Haiti initiative, including:
• Take responsibility for the support YSB Haiti offers to one or more of the social businesses in our portfolio – working closely with entrepreneurs to advise them on their business development and management, including financial management, financial planning. Etc.
• Take on due diligence processes for one or more of the social businesses in our pipeline – developing business plan and financial model, presenting the proposal to our Investment Committee and working on the legal contracts and T&Cs of successful investments
• Continuous improvement of Social Business Fund reporting and tracking tools to monitor and evaluate the social as well as financial impact of the initiative
• Support Accelerator activities, including sourcing and selecting candidates, training and coaching of participants
• Other duties and responsibilities, as required, to help ensure that the YSB Initiative Haiti is a success – including local networking and communications, sourcing deals, investor relations
• Participation in global work streams on a variety of topics to contribute to the development of YSB globally – working with team members in the Head Office (Germany) and other country teams to support on a diverse range of topics including: development of new tools, processes and products, fundraising, communications, impact assessment, research, etc.
What we are looking for:
Candidates should have the following qualities, skills and experience:
• A demonstrated commitment to serving society’s needs and a high level of personal integrity;
• Fluent English; Fluent French, Haitian Creole a definite plus
• At least 3 to 5 years’ experience in at least one of the following sectors:
o Strategy consulting – experience with SME is valued
o Investment Banking, Private Equity, Venture Capital
o Project Management in the private sector
• Strong financial modelling and excel skills
• Outstanding analytical skills, critical thinking, evidence-based analysis, efficiency and thoroughness, demonstrated by excellent academic qualifications;
• Demonstrated leadership, management and organizational skills; experience of managing teams in challenging environments;
• A high level of passion, entrepreneurial energy, personal initiative and responsibility;
• An excellent understanding of “social business” and how this is related to other concepts, e.g. social innovation, social entrepreneurship, inclusive business, impact investing
• Strong cultural understanding and skills to manage differences;
• Diplomacy, negotiating skills and team-working skills;
• Willingness to travel outside of Port-au-Prince, including to rural areas of Haiti
What we offer to you:
• A great opportunity to use your talent, skills and enthusiasm to help entrepreneurs to create social businesses with us
• An exciting work environment with great scope for taking on significant responsibilities within projects and within the organization, both in Haiti and globally
• A great opportunity to support Haiti’s development, and to address its most fundamental needs through a pioneer approach
• A lot of joy in all our projects and a friendly, young, international team
• The chance to grow your role and salary in line with performance and local needs
• Salary in line with experience