Job title: Investment Director (Public Sector)

Job description:
INVESTMENT DIRECTOR (PUBLIC SECTOR) The Global Innovation Fund (GIF) is a $200m non-profit innovation fund headquartered in London. We invest in the piloting, rigorous testing and scaling of innovations targeted at improving the lives of the poorest people in developing countries. GIF aims to support a portfolio of innovations that collectively open up opportunities and improve lives for hundreds of millions of people across the developing world. We believe that the best ideas for solving some of the world’s most critical problems can come from anyone, anywhere. Through our grants and risk capital, we support breakthrough solutions to global development challenges from social enterprises, non-profit organisations, researchers, for-profit firms, and government agencies. GIF offers grants, loans (including convertible debt), and equity investments ranging from $50,000 to $15 million to support a range of innovations with strong potential for social impact at a large scale. We define ‘innovation’ broadly to include new business models, policy practices, technologies, behavioural insights, or ways of delivering products and services that benefit the poor in developing countries. We support innovators at different phases of development, ranging from early start-up and pilot-testing to rigorous experiments and larger scale implementation. The innovations GIF supports can be located in any developing country and may focus on any sector relevant to international development (see our website). POSITION SUMMARY GIF seeks to hire an Investment Director (Public Sector). The Investment Director (Public Sector) will be involved in finding, evaluating, executing and managing funding opportunities that align with GIF’s goal of scaling promising social innovations through the public and non-profit sectors. The Public Sector Investment Director will be an integral part of a small team of Investment Directors and will complement the work of other Investment Directors involved in risk capital investment deals. The Investment Director (Public Sector) will report to an Investment Partner or Vice President who will oversee his or her work. The Director’s responsibilities will include: * Finding and vetting funding opportunities to make significant improvements in the lives and opportunities of millions of people living in the developing world * Screening proposals and applications submitted through GIF’s open application platform, including conducting due diligence on the proposed innovation’s evidence base, cost-effectiveness, management quality, and ability to scale * Sourcing and developing funding opportunities to pilot, test or scale promising social innovations, including from NGOs, researchers, social enterprises, and developing country governments * Conducting due diligence, research and cost-effectiveness analysis, and making funding recommendations * Engaging with and building relationships with external partners and applicants during the investment process to optimise impact * Negotiating grant terms and preparing investment memoranda for the most promising grant applications * Providing or helping obtain technical assistance for GIF’s grantees * Directing grantees’ reporting to GIF on both financial and social metrics * Identifying opportunities for follow-on funding for GIF’s most successful innovators, including from public sector partners, international organisations, donors, developing country governments and implementing organisations GIF is a dynamic and rapidly growing start-up entity; the Investment Director will be expected to adapt quickly to the needs of the organisation and could have a range of other duties as assigned. EXPERIENCE AND SKILLS EXPECTATIONS * Vast experience in the field of international development, including in an area such as grant-making, project management, monitoring and evaluation, development finance or policy, or program implementation   * Working knowledge of rigorous impact m

Minimum salary: 70000

Maximum salary: 90000

Employer Name: Global Innovation Fund

Job short description: Sales and marketing managers

Country: United Kingdom

Region: LONDON

Contract duration: Permanent

Contract type: Full time

Source of job offer:
Department for Work and Pensions, Public Employment Services, United Kingdom

How to apply: Other - see free text

Salary currency: GBP

Salary period: Annually