Position Overview
Salary range is for candidates based in the New York City Metropolitan area. Outside of the NYC metro, we differentiate salaries based on location.
It is customary for entry-level candidates to join Women’s World Banking at the lower half of the range to leave room for candidates to grow, expand, and develop in the role. It is common for starting salaries to fall in the mid-point of the range for more experienced candidates. We negotiate actual salaries with final candidates based on their exact location, experience in similar roles, and expertise related to the qualifications.
This role is not eligible for hire in Colorado, USA.
Position Summary
The DM team within WAM is seeking a highly motivated individual with an interest in – a) joining a new platform that will invest into select Developed Markets, b) being a contributor towards developing the culture, best-practices, and track record from the ground-up of said DM efforts, and c) making a measurable impact to women’s empowerment & equity across various Developed Markets via our investments and involvement with investee companies & their respective ecosystems, whilst delivering market returns to our investors.
As a Sr. Associate, you will work with both the DM and WAM teams across key aspects of the investment process including deal evaluation & diligence, and portfolio management & impact monitoring support.
This is intended to be a long-term career track role and is unique as it offers the right individual the opportunity to be truly involved in several critical aspects
Roles and Responsibilities
About Women’s World Banking (WWB)
Founded as a global non-profit in in 1979, Women’s World Banking operates in 30+ countries and works with top institutions, companies, and policymakers around the world with the intention & mission of expanding the economic assets, participation, and power of women and their households.
WWB aims to bring systemic change to women’s empowerment & equity through its work done within the fields of Policy Advocacy, Leadership & Diversity, Advisory, Research & Publishing, and Investments (through WAM). Thus far, WWB (and its related partners) have succeeded in impacting the lives of 135m+ women across the world.
About WWB Asset Management (WAM)
Headquartered in New York City, WAM is a wholly owned subsidiary of WWB, and a mission-driven impact investor seeking market returns.
WAM is dedicated to making investments into fast-growing businesses worldwide that have a clear potential to impact women’s economic empowerment & equity.
WAM currently manages two Emerging Market (EM) private investment funds. Its DM team is a new foray into investing Growth Equity into select Developed Markets.
Responsibilities
- Deal evaluation, diligence and investment underwriting process support
- Screen incoming deal flow & present recommendations during weekly deal flow meeting with conviction
- Lead financial modeling and business analysis processes on applicable deals
- Lead day-to-day investment due diligence processes on applicable deals
- Support senior DM team members across all aspects of the investment underwriting process, post-evaluation & diligence
- Portfolio and impact management & monitoring support
- Support senior DM team members across portfolio management & monitoring activities, incl. being an active participant in investee company management discussions, Board discussions (where applicable), and other investor discussions
- Coordinate with the WAM team to measure & monitor investee company impact across pre-agreed & pre-set metrics
- Coordinate with the WAM team to prepare annual LP and impact reports
- Investment Committee (IC) support
- Support senior members of DM team prep for IC discussions, including preparation & revision of IC memos & related documentation
- Over time, present relevant sections of IC memos and other presentations to the IC with conviction
Required Qualifications
Qualifications
- MBA with 5-7 years of work experience across private equity (VC or Growth or Control) and/or M&A advisory/ investment banking
- In lieu of investment banking/ M&A advisory experience, we will also consider candidates with strategy consulting and private equity investment team experience
- Financial analysis, modeling and business analysis capabilities with an ability to write investment recommendations in a clear & succinct manner
- Strong sense of personal responsibility and accountability with an appreciation & ability for meeting tight deadlines
- Entrepreneurial & resourceful mind-set with long-term thinking. Want to be part of building something meaningful from the ground floor up and have a principal’s mind-set
- Team player with strong interpersonal skills with the ability & willingness to work independently
- Able to efficiently (often within short periods of time) digest large amounts of information, identify key issues, and apply strategic and analytical thinking to decision-making with imperfect information
Measure of Success
Success within 75 Days
- Embrace WWB’s and WAM's core values and desired behaviors
- Develop positive working relationships and identify synergies with the broader organization
- Develop familiarity with our organization, policies, and procedures
- Commence working with the DM team around deal evaluation, diligence and underwriting support
We offer comprehensive benefits including:
- Competitive salary & top tier benefits
- 15+ paid time off days in addition to paid sick days and holidays
- Company closes for two paid Mental Health and Rejuvenation Weeks per year (July & December)
- 401(k) with employer match / pension contributions where applicable
- Company paid professional development opportunities
- Flexible work options available, including work from home options (outside of fieldwork)
About Women's World Banking
We believe in being a force for the greater good, devoted to accelerating and growing the financial inclusion of women. With rapidly changing markets, influenced by technology and social behavioral expectations, we are embarking on a new chapter to transform the way we design and implement solutions.
For over 40 years, Women’s World Banking has partnered with financial institutions, showing them the benefit of investing in women as customers. We equip these institutions with in-depth research and data driven insights to develop financial products and educational programs. While our clients are financial service providers, our mission is to engage consumers – women who are marginalized by financial systems.
Women’s World Banking and WWB Asset Management is an equal employment opportunity for all regardless of race, color, citizenship, religion, national origin, sex, sexual orientation, gender identity or expression, age, disability, veteran or reservist status or any other category protected by federal, state or local law.
