The position of Investment Manager at Shuraako Capital in Hargeisa is now open for applications. This role falls within the Investment sector and requires candidates with 5 - 6 years of relevant experience. Interested applicants should submit their applications before Sep, 20.
Organization Summary:
One Earth Future (DBA Shuraako Capital) is an international NGO whose mission is to provide growth capital and support services to small- and medium-sized enterprises in fragile and conflict-affected settings. We currently manage the Nordic Horn of Africa Opportunities Fund, a $28 million Sharia-compliant debt fund in Somalia/Somaliland and are preparing to expand in the Horn of Africa and francophone west Africa. OEF believes that, with the right support, small and medium-sized enterprises can be a driving force for peace and prosperity in their countries.
Primary Role:
The Investment Manager - Somaliland is responsible for supporting the successful implementation of Shuraako's activities by identifying and developing investment opportunities, assessing and monitoring investment portfolios, strengthening stakeholder relationships, and ensuring effective portfolio management. The role involves identifying investment opportunities among existing and prospective businesses that are currently, or are expected to become, investment-ready based on their commercial viability, profitability, growth potential, scalability, job creation, and long-term sustainability.
The ideal candidate will be highly organized, self-motivated, and possess excellent written and oral communication skills in English. A solid understanding of the private sector landscape in the Somali region is essential.
Reports to:
Associate Director, Investments
Job Type:
Full-Time. The Investment Manager will work 45 hours per week.
Compensation:
The Hiring range for this position is: USD $21.37 per hour (approximately $50,000 annually)
Location:
This position is located at the Shuraako Capital office in Hargeisa, Somaliland
Primary Responsibilities
:
- Be the āon-the-groundā eyes, ears, and voice for Shuraako Capital.
- Promote Shuraako Capital: by building relationships with the business community, business associations, civil society, and government (e.g. āChamber of Commerceā).
- Investment assessment: Evaluate prospective businesses through business plan reviews, financial analysis, financial modeling, market research, reference checks, and due diligence.
- Credit & risk assessment: Assess the financial and creditworthiness of business owners, shareholders, and management, while identifying potential investment and portfolio risks.
- Verifying the financing purpose: confirming that the requested financing is for an eligible underlying asset or business need.
- Conducting due diligence : reviewing business registration, licenses, contracts, references, collateral/security where applicable, and other supporting documents.
- Investment proposals: Prepare investment appraisals and present investment opportunities to management and investment committees for approval.
- Portfolio management: Monitor investee businesses, including collection of loan repayments, managing default clients, reporting requirements, compliance with Murabaha and technical agreements, supporting Murabaha agreement underwriting and overall portfolio performance.
- Monitoring portfolio targets: Prepare and maintain regular portfolio reports covering repayment collections targets and portfolio repayment performance, investment pipeline, prospective clients, and emerging risks to support management decision-making.
- Business development: Identify operational and governance gaps and recommend actions to improve business processes, internal controls, management capacity, and organizational structures.
- Environmental & social compliance: Support E&S assessments, compliance monitoring, and implementation of relevant action plans.
- Client support: Maintain regular communication with clients, help resolve business challenges, and support timely submission of progress and monitoring reports.
- Market intelligence: Conduct field visits and gather information on market conditions, private-sector challenges, investment opportunities, and sector trends.
- Representation: Represent Shuraako Capital in the field and build relationships with businesses, government institutions, business associations, NGOs, and other stakeholders.
- Problem Solving: Problem-solve with current and/or potential Shuraako Capital clients and fund partners to ensure the successful implementation of Shuraako Capital activities and our objectives.
- Stakeholder & organizational support: Coordinate with regional and international Shuraako Capitalās teams, donors, partners, government institutions, and other organizations, including supporting events and visiting staff.
- Government Regulatory Compliance: Prepare and follow-up on yearly registration documents with relevant government Ministries and the Central Bank.
- Compliance: Ensure compliance with Shuraako Capital, OEF, and regulatory requirements.
- Team contribution: Participate in team meetings, strategic planning, other team activities and activities assigned by management.
- Perform other duties and tasks as assigned by management to support the successful implementation of Shuraako Capitalās activities and objectives.
About Hargeisa
Hargeisa is the capital and largest city of Somaliland, serving as the region's main economic and administrative hub. The city is home to a growing number of international organizations, NGOs, and private sector companies, making it a key employment center in the Horn of Africa. Professionals relocating to Hargeisa will find a dynamic and rapidly developing urban environment.
Ereyada Soomaaliga (Somali Keywords): Shaqo Hargeysa ā¢ Shaqo Buuxda ā¢ Shaqo Cusub