Associate Vice President - Power (Investments)

About the role

Africa Finance Corporation (AFC), Africa's leading multilateral financial institution, is recruiting an Associate Vice President - Power (Investments) in Lagos, Nigeria, via Millar Cameron. Reporting to the Head of Power Investments, the AVP manages the end-to-end investment cycle from origination to disbursement of funds, working with a small team of Associates and Analysts to build client relationships and originate, evaluate and execute deals across the African power sector.

Key responsibilities

• Originate and manage new client relationships, and pitch, screen, structure, negotiate, execute and close bankable debt, equity and equity-like transactions.
• Coordinate internal resources across functions and manage external technical, financial or legal advisors to close transactions.
• Drive the opportunity cycle through administrative, risk and investment committee approval processes.
• Develop, review and analyse financial models covering financial analysis, pricing, valuation and capital allocation.
• Prepare transaction documents such as pitch books, engagement letters, proposals, presentations, information memorandums, term sheets and valuations.
• Research prospective clients and companies to support informed investment decisions.

Required profile

• At least 12 years of professional experience, supported by a relevant engineering, economics or finance degree and ideally a Master's qualification.
• Proven track record of sourcing, structuring and closing investments in the African power sector, preferably with an investment bank, development finance institution, private equity or infrastructure fund.
• Knowledge of equity, debt, project/structured finance, corporate finance, mezzanine or convertible loan notes, and credit enhancements such as political risk insurance and partial risk guarantees.
• Demonstrable experience presenting propositions at Investment Committee and Board level, and negotiating term sheets and facility agreements.
• Experience leading cross-functional teams to deliver projects end to end with minimal supervision.

Required skills

• Strong quantitative analysis and problem-solving skills, with an innovative approach.
• Proficiency in developing, analysing and reviewing financial models in Excel.
• Ability to assess investment risk and defend transactions at Investment Committee.
• Effective written and verbal communication, with a persuasive style.