Offer summary

Qualifications:

3-12 years of experience in nature-based projects or investments., Proficiency in Excel modeling and financial analysis of NbS projects., Fluent in Spanish, with strong communication skills in English., Experience managing diverse stakeholders and understanding emission reduction standards..

Key responsibilities:

Analyze and evaluate the bankability of NbS projects in developing countries.

Support investees in building investment readiness and conduct due diligence.

Oversee the operational and financial performance of portfolio projects.

Assist in capital raising efforts and investor relations.

Job description

Position:       Nature-based Solutions Investments - Portfolio Manager
Term:             Full-time
Location:      Remote (working North America time zone)

Company Overview

Founded in 2006, Terra Global is a woman-founded, woman-run company and small business of 41 team members globally located from its headquarters in California, USA to Nairobi, Kenya. Since its founding more than 18 years ago, Terra Global has been dedicated to attracting private sector capital to what is now called “Nature-based Solutions” (NbS). Terra Global has two unique, complementary business lines, 1) Climate Finance Investment Management and 2) Greenhouse Gas (GHG) and Natural Resource Management Technical Advisory. The Climate Finance Investment Management Team builds the investment readiness of NbS projects and programs, deploys climate finance investment capital, and provides ongoing support to build Investees’ business management capacity to deliver financial and impact returns. The GHG and Natural Resource Management Technical Team supports local partners and Investees in implementing activities on-the-ground, leveraging participatory local monitoring, and performing the work under the GHG and impact market standards to generate high-quality, multiple-benefit verified emission reductions and removals (VERRs). Having worked in over 40 countries, Terra Global has designed and supported the implementation and financing of NbS projects from the local to national scale.

Position Responsibilities

The NBS Portfolio Manager will analyze bankability of NbS Projects and Programs in developing countries, build Investment Readiness, oversee the management and performance of a portfolio of NbS Projects, and support capital raising for the TB-NbS Fund.

Develop Bankability of NbS Projects

Evaluate projects that have been screened by the sourcing team and develop carbon eligibility assessments including:

Evaluate and document local laws and land tenure
Collect, analyze, and validate data required to build detailed project budgets
Prepare investment models and analysis financial returns
Develop institutional arrangements for investment
Evaluate risks of VERRs reversals
Work with target investees to provide climate finance training and get their inputs into the process
Act as project manager, working with technical team project manager, to deliver Carbon Eligibility Assessments

Investment Readiness and Due Diligence

Support process with investees to build Investment Readiness including but not limited to:
- Investees policies and procedures
- Benefits allocation
- Community engagement
- Feedback, Grievance ad Redress
Conduct and manage investment due diligence
Prepare investment memos for the Investment Committee and present projects to investment committee
Liaise with target investees keeping them committed to our investment process and manage the transaction to close
Source non-investment funds on behalf of target investee to increase bankability
Preparation of business terms and annexes for transaction documents

Post-Investment

Oversee the investees’ operational and financial performance in a hands-on manner
Provide business training and monitoring support to building capacity of investee groups
Directly observe and oversee the delivery of business plans by investee project and companies
Manage local implementing partners/project coordinators and technical consultants hired to support investee
Coordinate with Terra’s Investee Fiscal manager to manage funds distributions, management of project SPV and financial reporting
Ensure the timely preparation of monthly, quarterly, and annual project activity monitoring, financial and ESG reports
Oversee and contribute to the development of verified emission reductions under market standards
Prepare quarterly performance reports for Fund.

Capital Raising

Support lead generation for new investors in TB-NBS Fund
Prepare follow-ups and due diligence (DD) materials for investors
Follow-up and secure new investors

Essential Skills and Qualifications

This remote position is for either an Associate or Principal depending on experience. Associates require 3-6 years related experience and Principals 7-12 years.

Require Skills and Experience

Experience in the design, development and implementation of nature-based projects and programs in developing countries
Excellent excel modeling skills
Fluent Spanish speaker
Experience in building NbS project implementation budgets
Proficient in assessing the financial viability and business models of NbS projects
Demonstrated experience in managing investments and/or credit lines for NbS, agriculture and/or forestry projects
Knowledge of NbS emission reduction market standards and processes for generating verified emission reductions
Demonstrated experience in managing projects with a diverse set of partners to deliver on finance, social and environmental returns
Demonstrated experience in the performance monitoring for projects and proposal development for complementary funding sources
Cultural fit with Terra’s mission and the team
Strong oral and written communication skills in English, required second language Spanish or French
A self-starter with proven ability to work independently but also in a multi-disciplinary remote team setting

Compensation for US or EU based staff will range from USD$75,000 to USD$150,000 depending on experience and the cost of living of your home office location.

Required profile