Senior Investment Manager at Development Alternatives, Inc (DAI)

Development Alternatives, Inc (DAI) is an international development company. For more than 45 years, we have worked on the frontlines of international development, tackling fundamental social and economic development problems caused by inefficient markets, ineffective governance, and instability. Currently, DAI is delivering results that matter in some 80 countries. Our development solutions turn ideas into impact by bringing together fresh combinations of expertise and innovation across multiple disciplines.

Our clients include international development agencies, international lending institutions, private corporations and philanthropies, and national governments.

We are recruiting to fill the position below:

Job Title: Senior Investment Manager

Job Code: 3448
Location: Benin City, Edo
Project Title: Market Development in the Niger Delta (MADE)
Reports to: Edo State Investment Portfolio Manager (ESIM)
Start date: March 2018

Programme Overview

• Market Development in the Niger Delta (MADE) II is a 2 year phase II of an earlier 4.5 year programme that uses the Making Markets Work for the Poor (M4P) approach to generate pro-poor and inclusive economic growth in the non-oil sectors of the nine Niger Delta States.
• The programme’s stated objective is to raise the incomes of at least 155,000 poor people, 50 per cent of whom will be women, by up to 15 per cent.
• MADE II will also, identify and address livelihood and economic factors contributing to human trafficking, forced labour and modern day slavery in the region, particularly in Edo State. MADE II will pilot interventions aimed at tackling the root causes of MDS, strengthen efforts to combat slavery and reduce vulnerability.
• A target of increasing incomes or providing livelihood opportunities to 30,000 people (as part of the target to add 155,000 incomes increases) within at risk geographies and demographic groups.
• MADE II will focus on sectors such as ICT, hospitality and the creative industries to support investment and growth in sectors that are seen as ‘aspirational’ and attractive to potential victims of trafficking, and thus reduce drivers for emigration
• The programme’s base is Port Harcourt, with project offices in Abuja and Benin City.

Objectives of the Role

• The Senior Investment Manager Edo (SIM) position will be integral to achieving MADE’s stated aims. Reporting to the Edo State Investment Portfolio Manager (ESIM), She/he will provide technical leadership, guidance in managing multiple programme interventions. The SIM will manage and lead a portfolio team of intervention officers and field officers in select economic and enterprise activities.
• The SIM will develop and maintain close relationships with project partners (mostly businesses) while overseeing and coordinating the implementation of project interventions.
• S/he will work in close collaboration with the ESIM to develop, realise, and communicate the programme’s strategic vision to internal and external stakeholders.
• The SIM Edo will have line management responsibilities for the select intervention managers.  She/he will be responsible for ensuring that Intervention Managers and/or Officers are effectively and appropriately managed to deliver and report on programme results.

Key Duties and Responsibilities
Intervention Design and Implementation:

• Overseeing Investment Officers in the effective project planning, implementation, monitoring and reporting of progress and outputs against the plan for their interventions.
• Overseeing and maintaining the quarterly, annual and full project plan in timely manner to meet quarterly reporting and planning requirements.
• Supporting and overseeing Intervention Managers and /or Officers performance using the project plan to ensure implementation is undertaken in accordance with the plan and any avoidable deviations are minimised.
• Contributing to the early stages of intervention design to ensure they comply with programme and intervention mandates.
• Defining or reassessing sectors that are of chief importance to develop the markets for the poor in the select sector.
• Related to the select sectors, identifying and analysing the enterprise and investment opportunities, supporting functions, and assessing key constraints.
• Identifying appropriate intervention areas and develop potential project interventions in close collaboration with external partners / stakeholders in the market.
• Ensuring that project interventions conform with set principles and have the potential to have sustainable impact at scale for the targeted beneficiaries (potential migrant) and have the potential for up-scaling within the sector to have indirect outreach to a wider group of poor within the sector.
• Supporting other intervention managers and project staff to think strategically about the scaling-up potential across the programme.
• Supporting the development and updating of a detailed monthly intervention work programme of intervention tasks and activities.
• Identifying outputs and outcomes in line with planned activities and logframe indicators as agreed with the MRM lead, ESIM and Team leader.
• Ensuring monthly monitoring and reporting of intervention performance against these outputs, outcomes and indicators.
• Ensuring that intervention records, data and files are up to-date and accessible for review as needed by the team.
• Contributing as appropriate and as agreed to the development of intervention tools and the capacity building of key stakeholders in the sectors.
• Identifying the need for external advisory support, along with the ESIM, the team leader and project director.
• Drafting terms of references for consultants and identify potential candidates. The SIM Edo will lead and manage consultants in the development of respective outputs and interventions.
• Facilitating collaboration across interventions as appropriate to ensure value for money of the project.
• The SIM Edo defines in collaboration with relevant stakeholders and potential partner organisations the scope of implementation and where applicable negotiates a formal agreement.

Collaboration and Coordination with Cross-Cutting Functions:

• Supports ESIM to engage cross-cutting area managers on intervention strategies and workplans
• Supports ESIM to identify and communicate required areas of input and support in both intervention design and implementation. 
• Supports ESIM to identify and leverage synergies between cross-cutting functions and enterprise and investment activities

Strategic Leadership:

• Support ESIM in collaboration with the Team Leader, to inform programme’s strategic vision and direction, identifying areas for new intervention, scale-up or scale-down.
• Supports ESIM to liaise with key programme stakeholders and participate in multi-stakeholder platforms on programme’s strategic approach, achievements, and lessons.

People Management:

• Supports investment officers in ensuring quality programme delivery (technical and financial) through mentoring and providing constructive feedback on areas of strength as well as required improvement.
• Supports ESIM to identify and proactively resolve conflict between Edo State team as well as cross-cutting function members. 

Key Performance Indicators:

• Undertake tasks provided in agreed deliverables as planned and agreed with the ESIM, Deputy Team Leader or Team leader to time and budget;
• Take responsibility when requested for periodic activities and ensure these are completed in a regular and effective manner
• Helpful and positive attitude

Key Skills & Qualifications

• Graduate degree in economics, business, or a related field
• 7 years’ experience working on enterprise development and agri-business development programmes delivering demonstrated results, preferably in Africa
• 5 years’ experience designing and managing economic and incomes generating activities in developing countries, preferably in Africa
• Demonstrated experience leading complex teams
• Strong business management and financial management skills
• Excellent verbal and written skills
• Previous experience with DFID funded projects would be advantageous
• Fluency English is required

Application Closing Date
30th January, 2018.

How to Apply
Interested and qualified candidates should:
Click here to apply online