Associate Director, Palladium Impact Capital (“PIC”) 214 views

Associate Director, Palladium Impact Capital (“PIC”)

Company Overview:

About Palladium – Palladium is a global leader in the design, development and delivery of Positive Impact – the intentional creation of enduring social and economic value.  We work with governments, businesses, and investors to solve the world’s most pressing challenges. With a team of more than 3,000 employees operating in 90 plus countries and a global network of over 35,000 experts, we help improve economies, societies and, most importantly, people’s lives. 

Diversity, Equity & Inclusion – We welcome applications from all sections of society and actively encourage diversity to drive innovation, creativity, success and good practice. We positively welcome and seek to ensure we achieve diversity in our workforce; and that all job applicants and employees receive equal and fair treatment regardless of their background or personal characteristics. These include: (but are not limited to) socio-economic background, age, race, gender identity, religion, ethnicity, sexual orientation, disability, nationality, veteran, marital or Indigenous status.  

Should you require any adjustments or accommodations to be made due to a disability or you are a neurodivergent individual or any other circumstance, please email our team at accessibility@thepalladiumgroup.com

Safeguarding – We define Safeguarding as “the preventative action taken by Palladium to protect our people, clients and the communities we work with from harm”. We are committed to ensuring that all children and adults who come into contact with Palladium are treated with respect and are free from abuse.  All successful candidates will be subject to an enhanced selection process including safeguarding-focused interviews and a rigorous due diligence process.

Project Overview and Role:

PIC is a leading and fast growing
impact investment bank creating solutions, mobilising, raising capital and
advising companies and investors to address the world’s most pressing challenges.
PIC joined Palladium in 2018 to combine strengths at the intersection of impact
investing, international development and strategy consultancy. Palladium, through
its 50 years of experience and a global network operating in over 90 countries,
has been helping clients to formulate strategies, build partnerships, and
implement programmes that have a lasting social and financial impact.

PIC is a team of 17 corporate
finance, investment banking and impact investing professionals, based broadly in
London and Washington, DC, advising private companies and entrepreneurs,
development finance institutions, foundations, and institutional investors in tackling
global and local problems that require creative, hands-on and people-focused
approaches to mobilising equity and debt capital to unlock positive impact. There
is increasing urgency to direct financial and human capital towards social
inclusion, and justice and environmental regeneration and fair governance, and we
are looking for resourceful, purpose-driven people to join our flat and rapidly
growing team. As an organisation with a great variety of clients, we believe in
equal opportunities and value diversity in our team.

We are working with mission-driven
companies and investors from across the world, with the majority of our clients
based in or focused on emerging markets, and in a wide array of sectors of the
impact economy but with a primary focus on micro-finance, land resources
utilization and energy and infrastructure . Within Palladium, PIC focuses on three
broad sets of services:

1. Capital Raising. PIC structures, negotiates and executes transactions to raise debt or equity capital for impact funds and facilities, mission-driven financial institutions, and social enterprises. Leveraging our knowledge of emerging and frontier markets and through an impact lens, we work closely with clients to frame and promote investment propositions to a strong, relevant, and values-based global investor network as well as to a growing segment of mainstream investors targeting investing in impact and ESG. Sensitive to the needs of all stakeholders, we secure mission-aligned investors that bring the right blend of capital and other support to propel clients forward.
2. Capital Strategy and Structuring. In structuring and implementing investment transactions, our focus is on ensuring alignment of objectives between the investor and the investee. A particular area of focus is the design and structuring of investment vehicles for sponsors wishing to solve specific social and environmental problems with investment capital. We create funds and other vehicles starting from the identification of the problem, and design a practical and market investable solution around that problem, whilst using our market knowledge and networks to ensure relevance to the investor audience.
3. Mergers & Acquisitions. PIC originates M&A mandates and structures, negotiates, and executes sell-side and buy-side M&A transactions on behalf of its clients. We have in-depth years of experience designing and executing on transactions as a trusted inner circle M&A advisor for our clients. We run Responsible Exit mandates, which reflect mission preservation without compromising the value maximization objectives of our clients. PIC has executed multinational transactions throughout sub-Saharan Africa and South and South-East Asia.

We are seeking an Associate Director with experience
in investment banking, M&A, capital markets or private equity and an
interest in impact investing.

 Primary Duties and Responsibilities: 

The
Associate Director will manage transaction advisory and capital raising
mandates, both in origination and execution. She or he will be expected to lead
the delivery of a wide range of client facing engagements, which include equity
as well as debt capital structuring, capital raising mandates at the company
and fund level, M&A mandates and transaction related services. The role
will also contribute to strengthening Palladium Impact Capital practice
infrastructure and systems. The role will span the following activities:

Project Execution

• Overall transaction and client management
  • Client relationship management as the primary point of contact with clients
    
  • Managing the transaction team of associates and analysts and ensuring quality on all client deliverables
    
  • Setting and managing all phases of transaction timetables with clients and coordinating with lawyers, technical advisors, consultants and accountants
    
  • Managing transaction cost in relation to a budget and monitoring invoicing and collections in respect of fees and expenses
• Transaction mandate execution in all phases, from design and structuring, marketing, negotiation to closing transactions
  • Managing investor and strategic buyers lists, outreach, tracking feedback and driving investor meetings
    
  • Drafting presentation materials, logistics management and issue identification/ resolution
    
  • Managing the preparation of Information Memoranda, financial models and data room
    
  • Coordinating internal and external transaction teams including lawyers, accountants and consultants
    
  • Liaising with and advising clients on transaction strategy including tactics, deal structuring, negotiation strategy and providing insight on specific strategic issues
    
  • Managing term sheet and transaction documentation and negotiation through to transaction closing
    
  • Managing the engagement team and external parties such as legal counsel

Business Development and Practice Building

• Business building
  
  • Sourcing prospective client relationships and cultivating investor networks, both directly and through relationships within the Palladium Group
    
  • Participating in, and leading, on-going internal coordination and planning meetings
    
  • Building Palladium Impact Capital marketing materials, creating and delivering proposals/ pitch documents
    
  • Developing thought leadership on relevant investing themes, product innovation and transaction design
    
  • Representing Palladium Impact Capital at industry conferences and convenings
    
• Practice building
  
  • Improving internal materials, processes and tools that support growth of the practice
    
  • Contributing to the knowledge and relationship base of the team
    
  • Taking responsibility for one or more internal team functions (e.g. recruiting, training, people development, compliance, finances)

Required Qualifications:

We are seeking a person who:

• Shares our values and passions:
  
  • Sees impact investing as a means to shift the paradigm and use the power of finance and capital markets to solve the most pressing issues of the world and transform the world of finance to work better for the world
    
  • Always looks for root causes of problems and is able to see them in their broader context
    
  • Analytical mind who can think outside the box and can come up with creative solutions to complex issues and see them through their implementation
    
  • Is willing to learn and is someone who we can learn from
    
• Has a strong work ethic:
  
  • Is able to balance multiple projects and demands with keen attention to detail and light supervision
    
  • Displays strong initiative and ability to work independently
    
  • Strong team player and team builder
    
  • Is able to deliver consistently high levels of accuracy, efficiency and follow-through
    
  • Has the ability to exercise independent judgment and proactively ask questions as needed
    
• Has the desire to succeed in a transaction environment and in impact investment:
  
  • 3-5 years of investment banking transaction experience in one of the following: M&A/corporate finance/restructuring/capital markets at an advisory boutique or investment bank, private equity, development finance, venture capital, transaction services at an accounting firm
    
  • Excellent written and verbal communication skills in English
    
  • Sound understanding of accounting, valuation methodologies, financial modelling, and corporate finance
    
  • Ability to structure and organise datasets in Excel
    
  • Proficient in using PowerPoint and Word
    
  • Industry knowledge in financial institutions, energy and/or agribusiness preferred (not required)
    

This is a full-time position, with remuneration
depending on the level of experience of the candidate. Please be aware that
this position may be broadly virtual due to the current context, until offices
re-open.

Palladium Impact Capital is proud to
be an equal opportunity employer that recruits and promotes its team members
regardless of race, religion, gender, disability, and age.
Palladium Impact Capital Limited is
a regulated business, authorised to conduct corporate finance work in the UK by
the Financial Conduct Authority.