Jobs at MasterCard

WAYS YOU CAN CONTRIBUTE

We are seeking Investment Officers to join our team and play a pivotal role in the build out of ACIF and its early investments. The position offers the opportunity make, manage and eventually exit direct investments in African champions. Investment Officers will also have the opportunity to work on intermediated investments, including fund commitments, co-investments and creative investment products to catalyze third party capital. As a core team member, you will be instrumental in shaping the future of ACIF, the clients and companies, and the African youth we serve. More specific responsibilities include:

WHO YOU ARE

• Evaluating and executing direct investments in African firms positioned to deliver on ACIF and the Foundation’s objectives.
• Analyzing investment opportunities, including developing and testing assumptions, building financial models, assessing historical performance and developing and drafting investment memorandums.
• Developing valuations, investment structures and key terms of investments, in collaboration with the ACIF team.
• Deep analysis to test and refine investment cases, and defend assumptions, forecasts and investment theses to the broader ACIF team and Investment Committee.
• Working with financial, legal, tax, and impact advisors to undertake due diligence of investment opportunities.
• Supporting the execution of transaction processes, including legal documentation, required transaction structures, overseeing meeting of conditions precedent, and closing.
• Working with management teams to develop and align on forecasts – both financial and impact.
• Supporting the creation of innovative investment structures to achieve ACIF’s objectives, particularly of sustainable job creation.
• Supporting management teams to sustainably grow operations and create dignified employment opportunities as well as to deliver on growth and expansion objectives, M&A, product or services growth, etc.
• Ensuring appropriate reporting and performance against investment theses of the portfolio.

Education & Experience

• Bachelor’s degree in finance, economics or an associated field from a recognized master’s degree or CFA preferred.
• Minimum of 5 years' work experience, with at least 3 years' experience in private equity or private credit investing, with a strong preference for investments in Africa.
• Understanding of investment fundamentals, key drivers of major African markets, and risks of operating in complex markets.

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WAYS YOU CAN CONTRIBUTE

• Lead the design and execution of evidence-based interventions and partnerships that that will advance Health Entrepreneurship to enable young people (particularly young women) to find dignified and fulfilling work.
• Ensure alignment of programs in Health Entrepreneurship with roadmaps and strategies across the Foundation and global and national priorities.
• Work with platform and country teams to ensure connectedness, complementarity and synergy.
• Work with external agencies at global and continental level, local partners, academia and where appropriate the private sector, to identify scalable opportunities, leverage expertise and enhance thought leadership.
• Develop the Health Innovation and Entrepreneurship implementation framework leveraging the experience we gained from the Foundation’s multiple programs in in Africa and Canada.
• Seek opportunities to link, integrate, and leverage existing and upcoming programs across countries and thematic teams such as access to finance and digital technology.
• Contribute to building the Health Workforce Initiatives Team by fleshing out the Health Innovation and Entrepreneurship pillar of the roadmap.
• Work with colleagues in the health initiatives in strategy design, program/partnership development, implementation and learning by connecting the dots and ensuring synergy as one integrated team.
• Serve as a point of contact for Health Innovation and Entrepreneurship internally and externally and represent the Foundation where appropriate.
• Work with colleagues in impact to build monitoring framework to assess impact, synthesize learning, and improve program design and implementation.
• Serve as a thought partner to colleagues in other platform and country programs.
• Work with program finance to develop and manage the budgets and ensure spending adjustments or budget modifications as necessary.
• Create space to listen to young people, partners and stakeholders to scope new ideas, seek counsel, and support programming efforts.
• Champion integrated program design, implementation and learning by developing and maintaining productive work relationships and collaboration with various functions of the Foundation including finance, communication, impact, enterprise risk management, and legal.
• Establish and strengthen relationships with other stakeholders and agencies relevant to the health strategy pillar.
• Facilitate integration, collaboration and convening relevant actors to drive impact at scale.
• Effectively lead colleagues, ensuring high quality of work, safeguarding and alignment with Foundation values.
• Drive oneness building a supportive and collaborative work environment.
• Oversee performance management of direct and indirect reports.

WHO YOU ARE

• MBA or Master’s in entrepreneurship, global development, education, public policy or another related field.
• Fifteen (15) years of experience at a senior level in global organizations with strong leadership experience in innovation, entrepreneurship/enterprise development, development and/or government or public policy within the private sector and/or non-profit organizations is required.
• Six (6) years of exceptional leadership experience, building and leading entrepreneurship and innovation interventions/programs.
• Demonstrated financial management experience including preparation and management of budgets, contracts, etc. Senior level experience in Africa and with exposure to international issues ideally is crucial. Private sector experience would be an asset.
• Advanced expertise in developing and leading innovation and entrepreneurship efforts in Africa.
• Proven experience effectively working with government officials, key players in the health space, business leaders, entrepreneurs and other actors.
• Solution based approach while demonstrating innovation, integrity, quality, creativity, flexibility and resilience.
• Fluency in English. French is an added advantage.
• Excellent strategic insight and ability to translate plans to action to deliver impact with quality and speed.
• Excellent analytical skills with the ability to express facts and ideas in a clear, convincing and organized manner.
• Demonstrates mature and sound judgement when addressing highly complex needs
• Innovative and entrepreneurial and who is able to formulate and develop new or creative approaches to problems and inspires others on the team to do so as well.
• Flexible, adaptable, and able to execute a range of job duties and changing priorities.
• Possess excellent verbal, written, and presentation skills with the ability to articulate information to a variety of constituents across cultures.
• Possess professional maturity, sensitivity with different cultures, and impeccable integrity that exemplify the Foundation’s values.
• Commitment to Mastercard Foundation’s values and vision.