Officer, Profit with Purpose – Financial Services

LeapFrog Investments
London, UK

19 January 2023

  • Job Description

    Req#: 39

    Reports to: Senior Manager, Impact

    Location: London, collaborating with LeapFrog’s teams in Africa and Asia.

     Summary

     LeapFrog Investments is looking for a Profit with Purpose Officer to support our investment teams and associated portfolio companies to achieve impact in line with our stated Profit with Purpose goals. The primary focus of the role is to contribute to the success of the Financial Services investment team in its investment and portfolio management activities, with a focus on ESG and impact measurement. As an integral member of the team, you will support the day-to-day business of the Africa Financial Services investment team and contribute to portfolio company growth.

     

     

    About LeapFrog Investments

     

    LeapFrog invests in exceptional businesses in Africa and Asia, partnering with their leaders to achieve leaps of growth, profitability, and impact. Founded in 2007, LeapFrog invests in companies that have now reached 342 million people across 35 countries with financial and/or healthcare services. LeapFrog companies have also grown on average at 27% annually from the time of investment. They now provide jobs and livelihoods to over 160,000 people. Inspired by its strategy of Profit with Purpose, LeapFrog will have raised over US$2bn from global institutional investors. LeapFrog was ranked by Fortune as one of the top five Companies to Change the World, alongside Apple and Novartis, the first private investment firm ever listed.

    www.LeapFroginvest.com

     

     

    About the Role

     

    You will be working with and supporting LeapFrog’s Africa Financial Services investment teams and associated portfolio companies to achieve impact in line with our stated Profit with Purpose goals. This is to be executed through successful implementation and upgrade of LeapFrog’s performance measurement framework i.e., FIIRM, careful management of high impact projects and data analysis that supports understanding impact throughout the entire deal cycle.

     

     

    Responsibilities

     

    Impact and ESG Measurement (40%)

    • Collect quarterly FIIRM and annual governance data from portcos in a timely and efficient manner
    • Share relevant metrics (reach, jobs supported etc) from the data sets with IR, comms and LPs as requested
    • Analyze the data received on a quarterly basis and share insights as part of the quarterly portfolio review process
    • Define actionable insights, if any, from the data received on a quarterly / annual basis
    • Define and implement special projects with a large impact based on the data collected. E.g., help portcos prepare a market ready impact and ESG report closer to the exit process.
    • Work with the deal teams to drive the quarterly portfolio review process including impact performance

     

    Portfolio management and cross-portfolio impact management (15%)

    • Work with the Africa Financial Services deal teams to drive the quarterly portfolio review process including impact performance
    • Support Impact Steering Committee (ISC) Chair in preparing materials for bimonthly meetings and ensure alignment with Customer Experience (CX) and Talent Accelerator work

     

    Impact and ESG DD (20%)

    • Work closely with the Africa Financial Services investment team to perform initial, deep screen, and DD for impact and ESG
    • Based on the DD, create a 100-day Impact and ESG action plan for the company and support portfolio companies in closing ESG gaps

     

    Value creation (15%)

    • Drive impact value creation projects in portfolio companies with investment teams and support CX projects in portfolio
    • Connect investment teams to relevant experts and manage engagement with expert network platforms to ensure high quality experts are available to LF on a need basis
    • Ownership of sector knowledge and identifying ways to improve impact measurement for Financial Services
    • Ensure cross-learnings are captured across portfolio and support investment teams to build knowledge

     

    External Representation (10%)

    • Support the Head/Manager on creating content for thought leadership
    • Ensuring the Impact Measurement and Management Practice and key internal stakeholders remain up to date with relevant Impact investing industry trends, including IMM frameworks, standards and regulatory developments, as well as client, company and investor requirements
    • Assisting with communicating the work of the IMM Practice to external stakeholders and preparing materials showcasing impact performance

     

     

    Qualifications and Experience

     

    • Undergraduate education in Finance, Economics, Accounting, or Business-related degree from a top tier institution
    • 4-7 year of experience in ESG / Impact measurement in an Africa focused investment firm (prefer PE), bank, insurance or another financial services firm
    • Financial Services sector knowledge and experience e.g., lending, insurance and payments
    • Experience in project management and/or investment or operating analysis essential
    • Curious, inquisitive, collaborative, and ability to listen, prioritise, and structure own work essential. Also likes an entrepreneurial environment and thinking out of the box
    • Experience administering databases or cloud-based data management systems highly valued
    • Familiarity with data management tools e.g., tableau, powerbi preferred
    • Experience or familiarity with developing or emerging markets, and the nature of company operations in these markets preferred

     

     

    About you

     

    We invest in companies that support and empower a diverse group of people globally and foster an inclusive environment that reflects this broad array of perspectives. We will consider remarkable individuals who demonstrate intelligence, passion, imagination, empathy, determination, and a deep commitment to delivering both profit and social impact – even if their specific qualifications and experience do not fit the below.

     

    We are looking for someone who brings the following attributes:

     

    • Consistent record of thriving and excelling in demanding environments
    • A genuine passion for delivering significant social impact, particularly in Financial Services
    • Autonomous, highly motivated and committed to the highest ethical standard in line with LeapFrog’s values
    • Strong communication skills, both verbal and written
    • Attention to detail and strong organisational skills, including the ability to prioritise
    • Ability to process detailed information effectively and consistently
    • Reliable and dependable in performing job-related tasks, finishing assigned projects and meeting set deadlines
    • Humble and collaborative style in line with LeapFrog’s values
    • Strong influencing skills to engage diverse teams, soliciting their input and gaining their support
    • Flexibility, resilience, and agile mindset required to thrive in an unstructured entrepreneurial environment
    • Willingness to work across time zones and availability and interest to travel internationally. We maintain a flexible work policy across the globe to make these unusual hours work for teams and families

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