Associate, Palladium Impact Capital (PIC)

About Palladium

Palladium is a global company working to design, develop and deliver positive impact on the lives and livelihoods of people around the globe; broaden access to health, water, power, and infrastructure; build enduring, sustainable, and transformative institutions and market systems to address global challenges; and conserve the natural world. We operate in over 90 countries and have a workforce of 3,000 talented, motivated, and diverse staff of all religions, races, languages, and gender identities. 

Palladium Americas

Our Americas’ business team has brilliant and passionate colleagues working in Asia, Africa, Europe, the Middle East, and North and South America as well as the Caribbean, fulfilling projects and assignments for clients from institutions, corporations, governments, and foundations based in the Americas. We have offices in Washington, DC, New York City, and Chapel Hill, NC.

This Opportunity

Within Palladium, Palladium Impact Capital (PIC) is a leading impact investment bank, combining strengths at the intersection of impact investing, international development, and strategy consultancy to create solutions and mobilize capital to address the world’s most pressing challenges. Palladium, through its 50 years of experience and a global network operating in over 90 countries, has been helping clients to formulate strategies, build partnerships, and implement programs that have a lasting social and financial impact.

Palladium Impact Capital is a team of 17 corporate finance and impact investing professionals, based broadly in London, New York City, and Washington, DC, tackling global and local problems that require creative, hands-on, and people-focused approaches to mobilizing capital and unlocking positive impact. There is increasing urgency to direct financial and human capital towards social inclusion and justice and environmental regeneration, and we are looking for resourceful, purpose-driven people to join our flat and rapidly growing team. As an organization with a great variety of clients, we believe in equal opportunities and value diversity in our team.

We are working with mission-driven companies from across the world, with the majority of our clients based in or focused on emerging markets, and in a wide array of sectors of the impact economy. Within Palladium, PIC focuses on three broad sets of services:

Capital Raising

Palladium Impact Capital structures, negotiates, and executes transactions to raise equity or debt capital for impact funds and facilities, mission-driven financial institutions and social enterprises. Leveraging our knowledge of emerging and frontier markets and through an impact lens, we work closely with clients to frame and promote investment propositions to a strong, relevant, and values-based global investor network. Sensitive to the needs of all stakeholders, we secure mission-aligned investors that bring the right blend of capital and other support to propel clients forward.

Capital Strategy and Structuring

In structuring investment transactions, our focus is on ensuring alignment of objectives between the investor and the investee. A particular area of focus is the design and structuring of investment vehicles for sponsors wishing to solve specific social and environmental problems with investment capital. We create funds and other vehicles starting from the identification of the problem and design a practical solution around that problem, whilst using our market knowledge and networks to ensure relevance to the investor audience

Mergers & Acquisitions

Palladium Impact Capital structures, negotiates, and executes sell-side and buy-side M&A transactions. We employ a structured, transparent, and pragmatic approach to designing and executing on transactions for our clients. We run Responsible Exit mandates, which reflect mission preservation without compromising proceeds. Palladium Impact Capital has executed multinational transactions throughout Sub-Saharan Africa and South and Southeast Asia

Location:

The position will be based in either Palladium's New York City or Washington, D.C. office.

You and Your Career:

If you have a passion for impact investing, are a problem-solver and collaborator, and bring experience or interest in investment banking, consulting, advisory, or a similar field, we are interested in hearing from you.

We are a learning organization and provide growth opportunities from the start.  We pride ourselves on giving you the freedom, resources, and guidance to chart a fulfilling career!

Reporting and Supervision:

This position reports to the Director, Palladium Impact Capital
The Associate will collaborate with the global Palladium Impact Capital team in addition to other internal and external stakeholders and clients.
The role carries a degree of autonomy with appropriate consultation. You will be required to:
Analyze and make sound recommendations to your line manager and/or project managers in respect of client engagements

Primary Duties and Responsibilities: 

The Associate will be a critical member of our client delivery teams. You will manage or support on a variety of projects or their workstreams (usually 2-4 at a time) across Palladium Impact Capital’s service lines – capital raising; mergers and acquisitions; and capital strategy and structuring – and across our diverse global client base. You will also be involved in business development and practice building.

Primary responsibilities of the Associate will include:

Client Mandate Execution

Undertaking market research, business analysis, and financial modelling
Preparing client deliverables, including presentations, transaction marketing materials, research documents and financial models
Leading assigned project workstreams and being responsible for elected client deliverables including presenting those to clients
Overseeing work of Analysts in respect of specific project-related activities
Providing overall support to project leaders, including in preparation of deliverables, managing due diligence processes, and coordination with external parties (e.g., investors, technical experts, legal counsel)
Co-ordinating outreach to investors and tracking feedback and managing logistics (e.g. roadshows, diligence trips)
Collaborating across team members and teams to execute project delivery and manage client relationships
Supporting project management, including managing meetings with clients and investors, coordinating due diligence processes, and maintaining data rooms
Supporting project financial management, including monitoring budgets and invoicing clients
Occasional travel to client locations as required (when possible)

Business Development

Collaborating in teams within Palladium Impact Capital and the Palladium Group on proposal development, and financial modeling
Participating in conference calls, including weekly pipeline calls, and assistance in tracking and monitoring of pipeline development
Supporting the preparation of Palladium Impact Capital marketing materials, proposals, and pitch documents

Practice Building

Contributing to the knowledge base of the team and improvement of internal processes and tools
Managing the annual events calendar and tracking Palladium Impact Capital participation in key sector events
Supporting and guiding more junior colleagues

Administrative Support

Providing occasional support to the financial management of the business, including budgeting, forecasting, invoicing and expense management

Key Competencies Required:

We are seeking an individual with relevant work experience in transaction advisory, impact investment, investment banking, or strategy consulting. You will:

Have the desire to succeed in a transaction environment and in impact investment

Have experience and/or undertaken studies in one of the following: corporate finance, investment banking, private equity, development finance, venture capital, strategy consulting, accountancy, or a related field
Employ exceptional written and verbal communication skills in English
Be highly proficient in creating and structuring content in PowerPoint and Word
Have a sound understanding of financial modelling in Excel
Be able to structure and organize datasets in Excel

Share our values and passions

See impact investing as a means to put finance to work to help solve some of the most pressing global issues
Look for root causes of problems and try to understand those in their broader context
Come up with creative solutions to complex issues and see them through to implementation
Be willing to learn and be someone who we can learn from

Have a strong work ethic

Balance multiple demands with keen attention to detail and light supervision
Display strong initiative and ability to work independently
Deliver consistently high levels of accuracy, efficiency, and follow-through
Exercise independent judgement and proactively ask questions as needed

Professional Expertise/Competencies Preferred:

Working knowledge of Spanish and/ or French
Prior emerging market experience in Sub-Saharan Africa, South and Southeast Asia, and Latin America