Asset Management Associate, VisionFund International

20805-14G31021
31-Jan-22
International Role - No - Only National applicants will be considered.

*Position location to be determined by home country of successful candidate in a jurisdiction (US state or country) where VF/WVI is registered to operate.

*Please submit your CV in English.

PURPOSE OF POSITION:

VisionFund International (VFI), the microfinance subsidiary of World Vision, manages a global network of Microfinance Institutions (MFIs). In order to efficiently align all VFI financial resources behind strategy and impact, an asset management position within the Finance Department (under the Global Asset Management area) has been established to support the coordination of VFI’s asset and liabilities and also support the monitoring of the MFI network’s liquidity and solvency. This role will compile information to help ensure VFI is compliant with its liquidity and solvency policies and with third party lenders.

The Asset Management Associate reports to the Global Asset Management Director but works very closely with the Investment Manager, Capital Markets, Risk and the Finance and Transformation Operation team. This will role coordinate and interact with these individual/teams on a daily basis and will support on carrying out the CFO’s priorities for the Finance department.

KEY RESPONSIBILITIES:

Liquidity and Solvency Monitoring:

  • Updating cash flow for the Global Centre on a monthly basis and providing updates to the Global Asset Management team – this is done by working close with Investment Manager, Capital Markets team, Accounting and Reporting teams to receive information from them on time each month.

  • Along with the Regional Finance team, review liquidity and solvency throughout the MFI network and provide updates to the Global Asset Management team.

Asset and Liability:

  • Responsible for producing Asset and Liability Committee (ALCO) related reporting and assist on analyzing the data such as: Assisting with the analysis of loan performance (aging, maturity matching, interest rate risk, etc.) on a quarterly basis.

  • Compile ALCO materials from different groups and draft agenda by a specific deadline.

  • Secretary for ALCO – responsible for taking minutes and forwarding them to relevant parties.

VFI MFI Network Portfolio:

  • Assist the Investment Manager to create portfolio report on a monthly basis.

  • Assist the Investment Manager to provide analysis on portfolio.

VFI Investments:

  • Work closely with Investment Manager on VFI approved investments and contact MFIs on their intention on renewing investments.

  • Provide interest rate suggestion to the Global Asset Management Director based on the pricing methodology provided by the Director.

  • Following established guidance, produce term sheets for VFI investments and send to Finance Operations & Transformation team.

  • Work closely with the Finance Operations & Transformation team on investments that were approved.

As requested, draft Presentations, Reports and Other Materials for colleagues to approve:

  • Draft Powerpoint Presentations for internal and external parties.

  • Draft Word documentation for internal and external parties.

  • Provide reports / analysis that are driven by Excel.

  • Other ad hoc reports / tasks as may arise.

KNOWLEDGE, SKILLS & ABILITIES:

  • 5+ years direct financial analysis experience, ideally in banking or related investing or lending practices.

  • Demonstrated intercultural communication and influencing skills.

  • Comfortable with analysing financial statements; accounting experience.

  • Bachelor Degree, preferably in Finance, Accounting, Business, Economics or related quantitative discipline.

  • Strong MS Excel, PowerPoint and Word skills required, with competency in intermediate to advanced functions.

  • Advanced knowledge of financial markets.

  • Fluency in written and spoken English. Spanish is a plus.

Preferred:

  • International / Multinational experience preferred, in particular in emerging markets.

  • Masters Degree (MBA, MS Accounting, etc) and/or professional certification (CPA/CFA).

  • Highly organized, with the initiative and ability to work with limited supervision.

  • Ability to work in a fast-paced environment on multiple projects under tight deadlines.

  • Ability to work effectively within a small team setting.

  • Strong self starter / initiative.

  • Organized, detail oriented and extremely thorough while having the confidence and communication skills to ensure work processes are completed accurately and appropriately.

  • Strong problem solving skills and demonstrated ability to take initiative and critically analyze processes and procedures in a push toward constant improvement.

Work Environment/Travel:

  • Mostly remote working – have the ability to work from “home” with internet access and a place to conduct meetings remotely.

  • National/international travel anticipated up to 10% of the time and flexibility to communicate with colleagues in different timezones (email/skype/phone).