CAREERS

We are growing fast but our bar is very high. We are looking for exceptional people to join us. Here are the current openings.

 

HEAD OF CREDIT

Position: Full-time

Reports to: CEO

Location: Nairobi (preferred), EU (Amsterdam, Paris or London; 2nd choice) or Washington DC

Start date: Immediately

 

Responsibilities:

The Head of Credit will report to the CEO, lead our credit risk management team and credit committee, and ensure that the credit processes within SunFunder are operating effectively and efficiently towards achieving high operating standards.

Lead credit risk management team:

  • Build and manage team of credit analysts in regional offices

  • Work with reportees to set quarterly goals and empower them to meet their goals

  • Create weekly and monthly to do lists for each analyst

  • Train credit analysts

  • Quality control of credit assessments

  • Engage data scientist to lead assessment of loan and portfolio risks

Execute on credit risk management policies and procedures:

  • Review and improve investment manual policies (working with management) and make sure they are reflected in the credit analysis and committee decision making process

  • Review and improve SunFunder’s Risk Assessment tool

  • Ensure regular and high quality customer monitoring

  • Manage customer workout situations

  • Take ownership of company and debt fund loan portfolio health to ensure they meet diversification and default targets

Lead credit committee:

  • Organize and lead credit committee meetings and set meeting agendas

  • Own credit committee processes and guidelines

  • Recruit and manage relationships with committee members

Represent credit team and communicate health/risks:

  • Work closely with COO/Head of Lending and investment officers to provide guidance on credit positions during loan due diligence, structuring and negotiation process

  • Engage with SunFunder’s top debt investors to communicate lending credit risk management policies

  • Periodically present to management team and board of directors on credit risk issues (portfolio and macro) that could impact business strategy and goals

 

Qualifications / What We’re Looking For:

  • 10+ years of experience in corporate and project/asset finance credit assessment, including strong understanding of fundamental credit metrics and potential warning signs, experience in a range of debt and equity instruments, and familiarity with insolvency and debt recovery processes

  • 5+ years experience managing a multi-cultural team and a passion for training new talent

  • Experience or a proven ability to understand commercial aspects of a transaction and to offer a balanced solution

  • CFA or similar certification

  • Willingness to travel regularly to SunFunder’s regional offices (currently in Arusha, Tanzania), and periodically to meet with management, investors, customers, and participate in key industry events. Estimated travel requirement 10% if based in Nairobi, 33% if based in EU/DC

  • Strong experience with financial statement analysis

  • Advanced excel modeling skills

  • Strong understanding of residential and commercial solar energy business models, and project/asset finance structures

  • Has lived and worked in emerging economies, particularly East or West Africa

  • Proven track record of making things happen in an entrepreneurial environment, willing to challenge the way we’re doing things, “get your hands dirty” and perform unglamorous roles from time to time, and ability to thrive in a rapidly changing environment

  • SunFunder is a distributed team. As such, it is most important that you are someone who over communicates, is highly organized and results-oriented, is self-motivated and self-disciplined, exhibits high emotional intelligence (great listening) and is willing and able to learn new tech tools/ systems. Other qualities that are important to us include: a positive attitude, intellectual curiosity, possesses a low-ego and a good sense of humor

  • Interest in the clean energy and emerging market finance sectors and passion for creating social, environmental and economic impact through innovative finance

 

Compensation

We offer a competitive compensation package including equity, generous benefits, a unique work culture for an ambitious startup that strongly encourages a healthy life-work balance, and an opportunity to work with a fun, passionate and talented international team.

Application

Please email your resume to: jobs@sunfunder.com. In the email, please tell us why you are the right person for this job (bonus points for brevity). Email title: “Head of Credit”.

 

INVESTMENT OFFICER, EAST AFRICA

Position: Full-time

Reports to: COO

Location: Nairobi

Start date: April / May 2017

 

Responsibilities

The Investment Officer will report to the COO and be responsible for growing our loan portfolio in East Africa and a few initial investments in West Africa. This entails sourcing, screening, leading and maintaining relationships and leading transactions with beyond the grid solar companies in emerging markets.

  • Lead lending transactions and relationships with solar company borrowers in emerging markets, including origination, project and company due diligence, loan structuring,  negotiation, execution. Bring deals to a close under tight timelines

  • Prepare investment memorandums (working alongside credit analysts) and present the deal to the credit committee

  • Maintain high quality relationships with customers for portfolio monitoring purposes and to ensure we cater to their scaling needs

  • Have an ear for the market to effectively contribute to our growth strategy and portfolio targets

  • Build partnerships with potential customers and develop new business by exploring new markets and segments

  • Represent SunFunder at international industry conferences on a quarterly basis

  • Develop new solar lending products to meet our customers’ and the sector’s evolving financing needs

 

Qualifications / What We’re Looking For

  • A passion for what we do

  • Proven track record of at least 5 years in leading, structuring, negotiation and executing debt investments in the financial and energy sectors.  Experience in renewable energy transactions preferred. Previous experience in credit analysis / management a plus

  • A willingness to travel to markets where you are sourcing and executing deals (20-35% depending on where you are based)

  • Understanding of early stage and/or renewable energy businesses, residential and commercial solar energy business models, and project/asset finance structures

  • Demonstrated hunger for closing deals

  • Proven track record of making things happen in an entrepreneurial environment, willing to challenge the way we’re doing things, “get your hands dirty” and perform unglamorous roles from time to time, and ability to thrive in a rapidly changing environment

  • SunFunder is a distributed team. As such, it is most important that you are someone who over communicates, is highly organized and results-oriented, is self-motivated and self-disciplined, exhibits high emotional intelligence (great listening) and is willing and able to learn new tech tools/ systems. Other qualities that are important to us include: a positive attitude, intellectual curiosity, possesses a low-ego and a good sense of humor

 

Compensation

We offer a competitive compensation package including equity, generous benefits, a unique work culture for an ambitious startup that strongly encourages a healthy life-work balance, and an opportunity to work with a fun, passionate and talented international team.

Application

Please email your resume to: jobs@sunfunder.com. In the email, please tell us why you are the right person for this job (bonus points for brevity). Email title: “Regional Investment Officer”.

Deadline

15 March 2017