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Intern, Capital Advisory Services, Enclude

Location: London or Washington, DC  – must have appropriate work authorisation

Application deadline: January 15, 2018

Enclude (www.encludesolutions.com) is an advisory firm dedicated to building inclusive and prosperous local economies. We provide integrated capacity and capital services that help clients and partners design, connect, finance and build solutions that generate sustainable business results and positive social and environmental outcomes. Enclude’s staff and affiliated consultants work in four registered offices (Netherlands, United States, United Kingdom, and Pakistan) and in project locations across the world, including Sub-Saharan Africa, Asia, Latin America and the Caribbean, Europe and Central Asia.

Enclude’s Capital Advisory Services (CAS) practice, based in London and Washington DC, provides a range of services including fund structuring and capital raising, corporate finance and M&A advisory, and transaction-related offerings such as loan fund servicing, third party due diligence and investor relations. It also provides selected consultancy services, focused on thought-leading developments in inclusive financial services, sustainable business models and social entrepreneurship. In providing these services, the Capital Advisory team is fully integrated with colleagues in Enclude’s Capacity Solutions practice – for purposes of knowledge sharing and developing the transaction pipeline – and also works closely with Enclude’s regional offices and representatives.

CAS clients include emerging markets focused funds, small business and microfinance banks, and companies seeking to provide products and services (such as energy, housing, water, education and health) to the “base of the pyramid.”  Investors include sector-specialist funds, development finance institutions, high net worth individuals, family offices, foundations and other institutions such as pension funds.

We are a regulated business, authorized to conduct corporate finance work in the UK by the FCA.

CAS is seeking interns at the Analyst (graduates) and Associate (MBA students) level with experience in financial services or consulting to support transactions and business development.  The ideal candidate will have a strong interest in impact investing and view this position as a potential path to full-time employment and a career in a transaction environment within the larger impact investing market. The internship is for a minimum period of three months.

Job description

The Intern will work on specific mandates as well as on more general business development and building of the practice and its “infrastructure.”

It is expected that the Intern will spend his or her time on transaction mandates and on business development.  Interns may be expected to work on several transactions (whether mandated or in development) at any given time.  The ideal candidate will be able to balance competing demands with keen attention to detail and light supervision.

Specific Responsibilities

  • Transaction Development and Execution
    • Market research
    • Mandate/transaction support in identification, pitching and negotiation
    • Full participation in all phases of mandates from design and structuring to marketing, negotiation and closing; in particular:
      • Supporting transaction execution, including participation in and documentation of calls with clients and investors
      • Process management, including ensuring information is logged and shared among the transaction team
      • Preparation of transaction and pitch materials, budgets, marketing materials, financial models and investor documentation
      • Making arrangements for due diligence, data room maintenance, roadshows etc.
    • Special projects to be defined and assigned by reporting manager
  • Business Development
    • Participation in Enclude conference calls, including weekly pipeline calls, and assistance in tracking and monitoring of pipeline developments
    • Research, drafting, editing and formatting of transaction proposals, including development of sales proposals
  • Development of Tools for the CAS Practice
    • Contribution to the knowledge base and development of generic materials (eg templates, presentation materials, etc.)
  • Work with Other Practices
    • The Intern may be required from time to time to work with other Enclude practices within the Capacity Solutions business, for example on proposal development or financial modeling tasks

Qualifications

  • Essential
    • Experience working within financial services or consulting
    • Excellent Excel and PowerPoint skills
    • Flexible attitude in respect to work hours and commitment to meeting deadlines
    • Ability to deliver consistently high levels of accuracy, efficiency and follow-through
    • Excellent written and verbal English communication skills
    • Strong initiative and ability to work independently
    • Ability to exercise independent judgment and proactively ask questions as needed
    • Demonstrated interest in inclusive finance and/or related investment areas such as “base of the pyramid” products and services
  • Preferred
    • A sound understanding of financial modeling skills including experience in the modeling of integrated financial statements and financial forecasts of financial institutions and corporates
    • Experience working in a developing country or in an international development context

Expected Time Commitment

  • This is a full-time position with an expected commitment of approximately 40 hours per week
  • This is a paid internship, with remuneration depending on the level of experience of the candidate

To apply, please send resume, cover letter and writing sample to talent@encludesolutions.com by Monday, January 15, 2018.  Applications without a cover letter and writing sample will not be considered.