Risk, ESG and Impact Officer at Incofin Investment Management (Incofin IM)

Incofin Investment Management

  • Kenya
  • Permanent
  • Full-time
  • 24 days ago
Your tasks
  • You will be supporting the Manager in developing and implementing strategies to assess, monitor and enhance the risk management, ESG performance and impact of our investment portfolio. In this role, you will have the exciting opportunity to contribute to the sustainable development goals while driving positive change in the impact sectors we invest in — financial inclusion, sustainable agriculture and food, and safe drinking water.
  • In particular, we are seeking a dedicated gender specialist for this position, who will support in integrating robust gender analysis into our investment strategies, provide capacity building to the investment team, and foster a culture of gender sensitivity in investment processes and outcomes.
You will be responsible for identifying, analysing, evaluating, communicating, and consulting on portfolio risks (including ESG and impact) in line with the general credit, ESG and impact risk policies of Incofin IM as well as with the specific fund risk appetite to limit the exposure to losses and reputational risks and ensure sustainable growth of the company and the assets under management. This will include:
  • Implementing and maintaining a robust risk (including ESG) management system, which includes evaluating the efficiency of the system in identifying, screening and assessing credit, ESG and impact risks in accordance with best practices, investors requirements and regulations. This will include periodic reviews and updates of the tools, processes and guidelines to ensure that risk, ESG and impact factors are systematically evaluated across all investment stages.
  • Designing and implementing a robust impact measurement and evaluation system. This entails developing and maintaining existing methodologies and tools for measuring and evaluating the impact of investments on environmental, social and economic outcomes set out by the specific funds. You will collaborate with impact measurement specialists to ensure accurate and credible reporting of impact metrics, as needed.
  • Conducting reviews of high-risk transactions in line with the risk review criteria set by the Risk Management Committee (RMC) to assess the credit quality at the pre-investment stage. The reviews shall include checks on financial, ESG and impact risks of the transaction and when relevant, may include onsite due diligence visits.
  • Conducting field visits regularly to 1) assess the operational, country, and credit risks of our investments, 2) ensure high-quality due diligence processes are upheld by the investment team, 3) conduct quality spot checks, and 4) provide on-the-ground training to the investment team.
  • Monitoring and reporting on counter party, ESG and impact performance. This shall include establishing monitoring mechanisms to track the credit risk, ESG risk and impact performance of portfolio companies. Prepare regular reports and presentations for internal and external stakeholders, including the Risk Management Committee, Investment Committees and investors, to provide a comprehensive assessment on the portfolio risk, ESG performance, impact metrics and progress towards sustainability goals. This shall include financial covenants, counterparty risk scores, key risk indicators, impact indicators and social undertakings.
  • Monitoring and reporting on market risks associated with investments including country risk, operational risk, commodity & price risk mitigation aspects, crop risk, concentration risks, new products and activities, FX and interest rate volatility, etc. to stay abreast of emerging risks and opportunities, and minimize exposure to losses.
  • Organizing and delivering risk, ESG and impact trainings to internal colleagues and external stakeholders (i.e. investors, investment committee, investees…), including content development and presentation.
  • Driving a generative culture of risk, ESG and impact awareness. Build working relationships with the first line of defence colleagues to ensure a sustainable risk culture, including contributing to standardization and optimization of processes, and consulting to understand their data needs.
  • Stakeholder engagement and advocacy. You will engage with external stakeholders (including industry bodies, NGOs, regulators) to stay abreast of emerging ESG-Impact trends (i.e. specifically on gender), standards and best practices in ESG and impact methodologies, including representing Incofin in relevant conferences to advocate for policies and practices that promote responsible business practices.
  • Other supporting tasks such as new fund development and internal control activities.
Your profile
  • Minimum of 3-5 years of proven track record in credit assessment, risk management, ESG, sustainability, impact investment or related fields in agri-food value chain and financial inclusion is mandatory, combined with a relevant university degree.
  • Experience in implementing ESG and Impact frameworks, standards, and best practices (e.g. IFC Performance Standards, SDGs, USSEPM, SFDR, Operating Principles of Impact Management).
  • Strong understanding of gender issues and their intersectionality with other social, economic, and environmental factors.
  • Experience in conducting gender analyses and integrating gender considerations into investment processes.
  • Excellent analytical skills with the ability to interpret and communicate complex data efficiently.
  • Proficient in delivering dynamic presentations and communicating effectively with diverse audiences.
  • Proven ability to work independently and manage multiple projects simultaneously across different stakeholders.
  • Passion for sustainable development and commitment to drive positive social and environment change.
  • Commitment to promoting gender equality and women’s empowerment through finance.
  • Ability to work collaboratively with the global teams and adapt working hours, ability to manage work with tight deadlines and ability to adapt to evolving or rapidly changing environments.
  • Fluent English is mandatory.
  • The role will require appr. 30%-40% traveling.
Don't Keep Share!:Method of Application Submit your CV, copies of relevant documents and Application to:Use the title of the position as the subject of the emailClosing Date : 21 April. 2024

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