Investment Senior Associate / Manager

Posted 1 month ago
GroupAsset Management (AM)
DepartmentSpecial Situations, Direct & Co Investments (SSDC)
Reports ToHead of Special Situations, Direct & Co-Investments
SupervisesInvestment Associates / Analysts / Interns
LocationAbu Dhabi, U.A.E.
NationalityUAE Nationals Only

Overview

EIA is the sole custodian of the wealth of the federal government of the United Arab Emirates (UAE). The Authority owns stakes in UAE-based companies and manages a globally diversified fund. Its mandate is to protect and grow the wealth of the federal government of the UAE.

The EIA’s Asset Management Group helps facilitate the organization’s duty by investing profitably its growing assets under management through a broad portfolio of asset classes, while the newly created “Special Situations, Direct & Co-Investments” department will focus on these particular sub asset classes to select and invest in the very best private equity direct and direct co-investment opportunities as well as special situations.

This position includes responsibilities for supporting the Head of of Special Situations, Direct & Co-Investments in the selection, assessment, structuring, negotiation, decision making and funding of Private Equity Investments. It requires deep analytical skills when evaluating investment opportunities, advanced skillsets in financial modeling and in preparing investment recommendations, desire to invest with deep conviction, as well as good project management capabilities when leading due diligence, closing and funding process.

Responsibilities and duties

Selecting Investments

  • Support the Department in the selection of new investment opportunities.
    • Research market trends, and formulate investment thesis.
      • Review our existing portfolio of investments / portfolio companies to identify most promising companies.
      • Manage a pipeline of investment opportunities, and maintain database of targets.
      • Assess pre-selected investment opportunities through multi criteria risk return analysis: industrial sector, financials, competition, valuation, etc.
      • Research comparable companies and perform landscape analysis.

Making Investments

  • Support the Department in making new investment opportunities across the decision making process.
    • Financial analysis: Develop P&L and Cash Flow Statement financial models, financial investment cash flow models, and their respective sensitivity analysis
      • Negotiation: review legal and business terms and prepare negotiation strategies.
      • Prepare investment proposal presentations and memorandums to be presented to the Investment Committee and through the Investment approval process.
      • Project management: help coordinate internally with the “Risk Management” department the due diligence process and risk parameters, and with the other departments involved (Legal, Operations…) the process until funding.
      • Due diligence: project manage external advisors to due diligence.
      • Closing: help negotiate legal documentation until closing.

Monitoring of Investment portfolio

  • Support the Department in monitoring the portfolio of investments.
    • Review periodical reports, financial statements or board of director materials of portfolio companies. Monitor their reception in compliance with agreements.
      • Assess actual vs budget KPIs and analyses key reasons.
      • Build and Maintain a model of fair market value of each holding and make valuation methodology recommendations.
      • Work with the Financial Operations team to ensure appropriate accounting for investments performance, detect errors and assist Financial Operations in receiving all information required from internal and external sources on a timely basis, including financial statements and fair value estimates.
      • Support in monitoring the allocation of financial distributions.

Reporting

  • Provide and coordinate information and reporting requested by the Head of the department.
    • Support the operations of EIA’s Investment team, as requested.
      • Assist in the preparation of periodical reports to the Investment Committee.

Self Development

  • Judgement: develop autonomy and business and investment judgement.
    • Analytical: strengthen analytical skills.
      • Develop understanding and adhesion to industry practices and policies.
      • Leadership: develop ability to influence people through thought leadership.
      • Opportunity to coach and mentor junior UAE nationals.
      • Self-driven: develop ability to manage his/her frustrations, or own motivation.
      • Diversity: develop ability to interact efficiently with diverse people and their cultural customs.

Skills and background

Education

  • Bachelor Degree from top tier university is a must.
    • Master in Finance or MBA is desirable.
      • Relevant professional certificates, e.g. CFA, an advantage.

Background and experience

  • Preferably 5-year experience gained in a private equity, strategic consulting or fast growing business environment, within world class or top tier institutions or corporates.
    • Good understanding of private equity investments dynamics.
      • Comfortable at building sophisticated financial models and sensitivity analysis.
      • Good experience of making due diligence, and legal documentation negotiation.
      • Multi-tasking. Ability to handle many priorities at the same time.
      • Fluent in English, fluency in Arabic an advantage.

Personal attributes

  • Clear ambition in making a career in the very demanding Private Equity industry and a strong conviction you can make a difference and are prepared to work hard for it.
    • Deep analytical skills and strong ability to see the big picture at the same time.
      • Critical mind and a pragmatic strength of proposal at the same time.
      • Clear communication (oral/written) and impeccable presentation.
      • Good team-player with interpersonal skills. Works well with others to leverage collective intelligence, and willing to share the credits.
      • Positive behaviour. A positive, energetic and enthusiast approach to the job.
      • Action and goal oriented. Drive to achieve goals in the most efficient the way, in the respect of established procedures.
      • Accountability. Takes responsibility for all work activities and personal actions.

The above specifications are not intended to reflect all duties to be performed within the job. The incumbent may be required to perform additional duties or projects either arising from the scope of the position or based on EIA’s overall business needs.

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