Associate, Energy (Eastern and Southern Africa)

Your role

The Energy Eastern and Southern Africa team (ESAF) team is looking for an enthusiastic Associate. In this role, you are mostly involved in the client and portfolio management side of our growing loan portfolio:

The Associate is responsible for monitoring the progress and performance of a portfolio of renewable energy projects in the ESAF region. Specific tasks include:

• Analyzing operational and financial reporting and data of existing clients (e.g., financial performance, compliance with covenants, assessment of forecasts, etc.);
• Writing reports and managing internal processes related to monitoring the performance of existing clients (annual reviews, change requests, waivers, etc. and participating in discussions with Credit, Legal, and other departments within FMO).
• Preparing market and financial analyses of clients, sectors, and countries.
• Supporting (Senior) Portfolio Officers in the team in managing relationships with these clients at an operational working level.
• Participating in client visits when required (international travel).
• Supporting the (Senior) Investment Officers in the ESAF team throughout the execution, contracting, and approval phase of new or repeat transactions.
• Managing the internal systems and processing and filing of customer data, including KYC, ESG, Impact, financials, legal, and insurance.
• Acting as a knowledgeable sparring partner for other team members.

Our offer

Our compensation range for this position is EUR 50-60K, annual gross pay, depending on your skills and experience.

Besides that, we offer:

• Work-Life Balance: 31 days of paid leave per year.
• Flexible work arrangement that allows you to work both in the office and from home (50/50), a budget for home office equipment, and the opportunity to work remotely from abroad.
• Professional Development: benefit from continuous (blended) learning opportunities.
• Generous pension plan (defined-contribution plan, administered by BeFrank).

Our modern and sustainable office is just a three-minute walk from Laan van NOI Station in The Hague. For more information, please visit our website , Secondary Benefits - FMO

Please note that you need to be currently living in the Netherlands. 

About FMO

FMO delivers economic, social, and environmental development to entrepreneurial initiatives on a global scale, believing in our contribution to a better world, starting from our values as an organization and respect within our teams.

To learn more about who we are, our Vision, Purpose, Mission, Company Culture, and Leadership, please visit our page Profile - FMO. At FMO, we are guided by our four core values: Diversity, Integrity, Making the Difference and Quality. These values are the foundation of our strong company culture, fostering an environment where we work together to make a positive impact on the world.

Ready to make an impact and truly make a difference? Join us at FMO!

Your team

The ESAF team comprises 13 investment professionals (including this vacancy) and is responsible for the sourcing, execution, and supervision of all debt-related energy investments in the East and Southern Africa region. The team is responsible for a growing portfolio of around 40 clients and circa EUR 500 million exposure and is supported by a team of environmental, social, insurance, legal, and compliance specialists.

The Energy sector has been prioritized by FMO as one of three strategic sectors under Strategy 2030 which aims to contribute to SDG7 and SDG13. FMO is a leading financier in the energy sector in emerging markets. Next to financing energy generation projects (mainly solar, wind, and hydropower) and distributed energy solutions, FMO is broadening its energy scope further in segments that are critical to realize a zero-carbon energy transition pathway and supply chain.

The department comprises about 55 professionals focusing on senior debt and mezzanine finance. FMO aims to build a substantial portfolio of sustainable investments that realize steady and market-driven returns. The total Energy portfolio amounts to approximately EUR 2.3 billion. The department has four regional teams servicing our target markets: The Eastern & Southern Africa (ESAF), West & North Africa and Middle East (WA/MENA), Asia & Eastern Europe (Asia/ECA), and Latin America and the Caribbean (LAC).

Your background

• Master’s degree in economics, finance, or business administration;
• Around 2 to 3 years of relevant working experience in the banking or (renewable) energy sector. Experience in emerging markets, especially Africa, is a plus.
• Experience in portfolio management, transaction analysis, and execution. Specific project finance experience is a plus.
• Excellent English communication skills, both written and verbal
• Proven analytical and risk assessment skills, including financial modelling skills.

Personal skills

• Outgoing personality with a commercial drive and sound business sense.
• A team player who is proactive and attentive to details.
• Displays a strong service and client orientation.
• Strong networking, analytical, and communication skills.
• Task-orientation: aiming to concretely contribute to team/department targets within set time frames.
• Flexible, pragmatic, and capable of working on several assignments at the same time.
• Entrepreneurial and at the same time risk-aware when needed.

Good to know. We will only consider applications submitted via the recruitment platform in English and accompanied by a motivation letter. This position is based in Den Haag, Netherlands.

Are you enthusiastic about this opportunity, and do you meet the criteria? We would love to hear from you and learn more about you. So please, apply today! #PioneerDevelopScale.

Please note, if we make you an offer to join FMO, you will need to work through the screening process with our screening partner. The process is designed to check your integrity and reliability.