Accion is hiring an
About Accion Impact Management:
Accion Impact Management LLC (AIM) is a wholly owned subsidiary of Accion created in 2022 to manage investment funds launched by Accion to promote Accion’s mission of creating a financially inclusive world. AIM provides investment management services to funds promoted by Accion--currently including the Accion Digital Transformation Fund LP (ADTx) and Accion Venture Lab (AVL). AIM will provide investment management services to Accion´s future investment fund initiatives. AIM is a Registered Investment Advisor (RIA) with the U.S. Security Exchange Commission (SEC).
Accion is a global nonprofit committed to creating a financially inclusive world, with a trailblazing legacy in microfinance and fintech impact investing. We catalyze financial service providers to deliver high-quality, affordable solutions at scale for the 1.8 billion people who are left out of, or poorly served by, the financial sector. For more than 60 years, Accion has helped tens of millions of people through our work with more than 200 partners in 63 countries. More at http://www.accion.org.
Accion Digital Transformation (ADTx):
ADTx has been formed to invest in scaled microfinance or other financial institutions focused on lending to micro, small and medium enterprise (MSMEs) and other underserved and unbanked populations within emerging markets. The goal of the fund is to provide growth capital and strategic support to portfolio companies to undergo digital transformations, so that they may increase social impact by reaching larger underserved populations, operating more efficiently, and using innovative technology to offer needs-driven products to their clients. The fund’s investment strategy combines equity and quasi-equity instruments with active engagement as a shareholder and through board representation to create value. The fund is expected to reach committed capital of between US$125 to US$150 million. The fund works closely with LPs to develop co-investment opportunities.
Senior Investment Officer for the ADTx investment team bring deep expertise in private equity investing in emerging market, particularly in regulated financial inclusion institutions that are developing innovative digital financial services. This position should also bring operational knowledge of how financial service providers can leverage technology to scale. We expect ADTx investments in Africa will represent roughly 25-35% of total geographic allocation of the fund. The Senior Investment Officer will have influence on the ADTx strategy and portfolio allocation in the region. The candidate will collaborate with ADTx’s Operating Partner along with Accion’s Global Advisory Solutions (GLAS) team and other advisory groups to help develop digitization strategies for companies and will liaise with company boards and management teams to ensure alignment. The candidate may manage an Investment Analyst as appropriate for the size of the fund and opportunities in the region.
Qualifications and requirements:
To Apply: Please submit your resume and letter of interest online at www.accion.org
Accion is an equal opportunity employer. We are committed to a diverse and inclusive workplace culture. Accion seeks qualified applicants without regard to race, color, gender, sex, age, religion, creed, national origin, ancestry, citizenship, marital status, sexual orientation, physical or mental disability, medical condition, military and veteran status, gender identity or expression, genetic information, change of sex or transgender status, or any other basis protected by law. Accion is committed to providing reasonable accommodations to applicants with disabilities.