Team and role overview

• The Valuation team was established recently and is responsible for managing and independently overseeing the valuations of all BII’s investments. The team currently sits under the Finance department and is expected to grow in line with the growth of the Company.

The Role

Purpose

BII’s policy is to measure all investments at fair value in accordance with IPEV guidelines. Investments are increasingly being made with larger ticket sizes and more complexity and there is a need for an additional resource to assist the Head of Valuations with the quarterly valuations and implementation of the valuation processes and procedures.

In this role, you will be responsible for the valuations of a specific sector across various investment products (private debt, private equity, and funds)

Responsibilities

• Run the valuation models for the assigned sector portfolio on quarterly basis, adhering to quarterly reporting deadlines.
• Ensure that valuations are conducted in accordance with BII’s Valuation Policy and IPEV and are accurately reported to the Valuation Committee for informed decision.
• Gather information and data from external and internal sources that can potentially impact BII’s valuations.
• Review, challenge, and document judgemental inputs provided by the investment teams in an independent and objective manner; enhance the quality of valuations, and ensure they are supported by adequate and reliable assumptions
• Maintain and update the valuation reports in preparation for the Valuation Committee and liaise with the investment teams on the action items.
• Assist with the review and update of BII’s valuation policy and guidelines.
• Contribute to the design and enhancement of the valuation models.
• Support the Investment Function with valuation tasks, data, information, and models on needed basis.
• Stratify and analyse large data sets to identify historical performance trends, detect correlations, identify key value drivers and perform calibration of BII’s valuations.
• Work closely with the Finance teams to ensure appropriate application of accounting policy and reporting standards on fair value and assist in the yearly Audit of the valuations.
• Other ad-hoc responsibilities as assigned.

The Candidate

Background, skills, aptitude

• Must have suitable experience in valuating private businesses and complex investment securities gained in a financial institution (another DFI / Private Equity / Private Debt / Investment Banking / Investment Management / Consulting). Exposure to emerging markets is highly desirable.
• Strong written and verbal communication skills, with the demonstratable ability to deal with stakeholders at all levels in a confident manner.
• Analytical mind and ability to understand both technical and commercial subjects.
• Ability to hold themselves accountable for the valuations of the assigned sector.
• Ability to deliver workstreams under time pressure, with strict adherence to corporate deadlines.
• Strong Microsoft office skills with the ability to build models and use spreadsheets (VBA skills would be a plus).
• Experience with eFront or similar system would be advantageous but not a prerequisite.
• Academic degree in finance, economics, mathematics or equivalent.
• CFA or equivalent qualification preferred, but not prerequisite.
• Candidates should be strongly motivated by BII’s development mission and ideally demonstrate some commitment to development or social goals through previous executive or non-executive activity

Our cultural values

We look for team members who aspire, as we do, to work at our best and to be:

• Impact-led, commercially rigorous
• Tenacious in the face of challenges
• Collaborative and caring

BII is committed to diversity and inclusion and welcomes all applicants regardless of age, disability, gender reassignment, marriage and civil partnership, pregnancy and maternity, race, religion or belief, sex, sexual orientation or educational background. 

Please provide a cover letter with your application

Salary: Competitive