Analyst Risk

Job Summary

ABOUT THE ORGANISATION

Established in 2012 and supported by UK aid, FSD Africa is a specialist development agency working to make finance work for Africa’s future. FSD Africa Investments (FSDAi) was established by FSD Africa in 2016 to deploy early-stage, risk-bearing capital to unlock green economic growth, benefiting both people and planet, alongside FSD Africa’s market building work. Our investments are catalytic, serving to crowd-in larger volumes of private capital, and patient, with long-term horizons.

As a leading financial systems catalytic investor at the forefront of deepening Africa’s financial sector, our mission is to enable private finance to solve critical development challenges across the continent. We are working towards this goal by investing in organisations that improve the availability and efficiency of finance for productive activities, basic social services and addressing climate change.

Please find more details about FSDAi on our website at: http://www.fsdafrica.org/fsdai

JOB PURPOSE

Reporting to the Specialist, Strategic Risk, this role will support in the implementation of FSDAi's Risk Management Strategy which includes the Board-approved Risk Appetite Framework across the existing portfolio and pipeline opportunities. The job holder will also support the Principal, Legal Advisor and the legal team in structuring, launching, managing investments, complying with regulatory requirements and addressing risk related to legal matters related to investment management.

The Analyst, Risk is responsible for supporting the risk team in conducting pre and post-investment risk assessment and monitoring that contributes to FSDAi’s development mandate and underpins the rationale for FSDAi investments. This involves supporting in regular risk analysis, closely monitoring market conditions, economic indicators, and other factors that may impact FSDAi's corporate and portfolio performance. S/he will be responsible for supporting the legal team with legal matters of FSDAi and FSD Africa as needed.

Job Details

REPORTING RELATIONSHIPS

REPORTS DIRECTLY TO	Specialist, Strategic Risk
REPORTS INDIRECTLY TO	Associate, Portfolio Risk

KEY RESPONSIBILITIES AND ROLE REQUIREMENTS

1. Corporate Risk Management

Conduct market research and analyse investment and financial information in order to identify and assess FSDAi's key risks at a corporate level
Closely monitor market conditions, economic indicators, and other risk factors that may impact FSDAi's portfolio performance and return and impact expectations
Liaise with the investment teams to collate, analyse and track investment performance data for any trends on the evolution of corporate risk
Support the senior risk team members in the implementation of FSDAi's Risk Management Strategy, Risk Appetite Framework, Investment Policy and Guidelines and other relevant policies

2. Portfolio Risk Management

Support the due diligence on potential investees by analysing the risks (including legal risk) and compliance issues associated with each investment, using the due-diligence questionnaires and a variety of risk tools to assess risk, including statistical analysis, financial modelling, and scenario analysis.
In collaboration with the Associate, Portfolio Risk provide the risk input (including legal risk) and compliance issues for investment proposals prior to Investment Committee (IC) submission ensuring alignment with FSDAi’s Risk Appetite Statements.
Support in post-investment risk monitoring for the portfolio, especially the investments that are in breach of the risk appetite, through setting up risk assessment engagements with the investment team and portfolio companies, updating the portfolio risk register on a quarterly basis and providing input into the quarterly portfolio dashboard.

3. Investment-Specific Compliance

Monitor FSDAi’s portfolio compliance to the quarterly reporting timelines as captured in investment documentation, fulfilment of outstanding conditions for investment and closure of open internal audit findings
Take up fulfilment of Know Your Customer (KYC) compliance for outgoing requests to FSDAi’s potential investees and incoming requests from FSDAi’s partners using tools such as London Stock Exchange Group(LSEG) WorldCheck, the KYC form and any other relevant requirements
Support the Principal, Legal in tracking and monitoring legal risk and compliance for FSDAi and the portfolio including any legal requests that may arise from time to time

4. Stakeholder Engagement & Capacity Building

Ensure a productive working relationship with consultants engaged on Risk activities, ensuring that expectations are clear, necessary logistical support is availed, and constructive feedback is provided to keep projects on track.
Answer enquiries from investees, and other stakeholders in line with personal knowledge and capacity; refer to colleagues as necessary to ensure a responsive service to clients.
Engage with the FSDAi ESG and Gender team, FSD Africa’s Corporate Risk team, ensuring knowledge-sharing and alignment with broader institutional risk efforts.

Carry out any other duties or special assignments as assigned by the Specialist, Strategic Risk

COMPETENCIES

Competencies describe the key behaviours that drive success in all of FSDAi roles, regardless of technical specialism. They have been derived from systematic research correlating performance with personal attributes.

Competency Levels

Level 1: Basic
Level 2: Foundation
Level 3: Specialist
Level 4: Senior Specialist
Level 5: Leading Expert
Level 6: Executive

Below are the level of each competency required for this role:

ESSENTIAL FOUNDATIONS

Commitment & Alignment - Level 1: Basic

Demonstrates commitment to serving our partners and alignment with the values and vision of FSD Africa

Change & Challenge - Level 1: Basic

Has a strong sense of ownership that leads to learning, self-starting, taking initiative, driving change and leading development

ACHIEVEMENT COMPETENCIES

Situational Awareness & Thinking - Level 1: Basic

Thinks clearly and intentionally, analysing information objectively, understanding issues, solving problems, and making decisions

Drive for results - Level 1: Basic

Is keenly motivated to achieve goals & act with accountability to deliver quality results

PEOPLE COMPETENCIES

Relationships & Collaboration - Level 1: Basic

Discerns and appreciates the values, viewpoints, or abilities of others; effectively reconciles different interests and displays emotional intelligence

Communication & Influencing - Level 1: Basic

Deliberately adjusts behaviour to accommodate others; communicates clearly, confidently, and appropriately to influence others

KEY RELATIONSHIPS

Internal Relationships

FSDAi team
Assistant Director, Risk and Compliance, FSD Africa
Manager, Risk and Compliance, FSD Africa
Assistant Manager, Risk and Compliance, FSD Africa

External Relationships

Investees
Consultants

FINANCIAL RESPONSIBILITIES

Direct Control

N/A

Indirect Influence

N/A

Requirements

PERSON SPECIFICATIONS

Qualifications and Education

Minimum Bachelor’s Degree and 2 years of experience or Higher Diploma with 3 years of Experience.
Relevant professional qualification and/or post-graduate qualification in risk management such as MSc Risk Management, IRM Cert, FRM etc is an added advantage.
Excellent skills in written and spoken English.

Experience, Knowledge and Skills

At least 2 years of risk management experience in a financial institution or a consultancy firm or a law firm
Demonstrated track required in quantitative and qualitative risk analysis, project management and building relationships
Knowledgeable on business and investment principles; especially on global risk factors in private investments
Good engagement and influencing skills, with the ability to gain the respect of staff and stakeholders who are more senior than themselves.

Desirable

Experience of working in a multi-cultural environment
Previous experience of working in donor funded projects or development institutions
Knowledge and/or experience in the legal profession in corporate finance and investments
Keen interest in growing risk career in an investment company/fund
Languages: French, local African languages

Commitment to Equity, Diversity, and Inclusivity:

FSDAi is committed to building a diverse organization and a climate of equity and inclusivity. We strongly encourage applications from candidates who can demonstrate that they can contribute to this goal.

Equal Opportunity Employer:

We are an equal opportunity employer and value diversity. We do not discriminate based on race, religion, colour, national origin, sex, gender, gender expression, sexual orientation, age, marital status, or disability status. We will ensure that all applicants are provided a fair chance to compete for available job opportunities.

About Company

FSD Africa

https://fsdafrica.org/

FSD Africa is a specialist development agency working to help make finance work for Africa’s future. Based in Nairobi, FSD Africa’s team of financial sector experts work alongside governments, business leaders, regulators, and policymakers to design and build ambitious programmes that make financial markets work better for everyone. FSD Africa Investments, provides early-stage, risk-bearing, catalytic and patient capital to inventive commercial organisations in order to stimulate capital flows in support of green economic growth benefiting people and planet. Established in 2012, FSD Africa is incorporated as a non-profit company limited by guarantee in Kenya. It is funded by UK aid from the UK government.