Summer Intern, Accion Ventures

About Accion

Accion Impact Management is Accion's platform for impact investments in financial inclusion leveraging third-party capital. Accion Impact Management manages Accion Ventures and Accion Digital Transformation and is a registered investment advisor with the U.S. Securities and Exchange Commission (SEC). It is staffed by a team of investment professionals, working to harness the capital markets to provide high-quality and affordable financial services to people who are currently excluded from the financial system. More at https://accion.org/accionimpactmanagement.

About Accion Venture Lab:

Accion Ventures is an investment strategy that today manages early-stage investments for Accion Impact Management (AIM). Accion Ventures deploys capital into early-stage fintech startups that operate in countries worldwide. Investments managed by Accion Ventures have shown that early-stage companies can be highly impactful and have delivered multiple exits. More at https://www.accion.org/ventures.

The internship requires a commitment of 8 weeks.

Position Responsibilities:

Deal screening and investments: Support team on the identification and assessment of new investment opportunities, including completing prescreens on companies, conducting background research, performing financial and strategy analysis, and collecting /analyzing diligence documents.
• Fund operations and strategy: Proactively develop knowledge resources and thought leadership, including preparing investment updates, identifying best practices across the portfolio, and documenting learnings to be shared within Accion and externally.

Position Qualifications:

Required

• Currently enrolled in an MBA or similar advanced degree program (including public policy, international development, or international relations degrees)
• Strong entrepreneurial spirit and a passion for entrepreneurship and market-based solutions to poverty
• Strong research and analysis skills, including financial and strategy analytics
• Outstanding relationship management skills and ability to earn respect of Accion colleagues, investors, and enterprises. Existing network within impact investing and/or financial inclusion a plus
• Exceptional written, communication and presentation skills, and comfortable moving seamlessly between boardroom and field

Preferred

• Domain expertise in financial services and/or financial inclusion, particularly financial technology, payment systems, and/or innovative delivery models
• Experience working in or with startups or growth-stage enterprises in emerging markets
• Experience working abroad
• Relevant experience in financial services, management consulting and/or VC/PE investing
• Language skills beyond English
• Willingness to travel 20% or more

Compensation

• Hourly rate: $18.00 - $25.00
• The above hourly rate serves as a general guideline. Accion considers a number of factors when determining base salary offers such as the scope and responsibilities of the position and the candidate's experience, education, training, skills, location, current market conditions as well as internal pay alignment.

Accion Impact Management (AIM) is an equal opportunity employer. We are committed to a diverse and inclusive workplace culture. AIM seeks qualified applicants without regard to race, color, gender, sex, age, religion, creed, national origin, ancestry, citizenship, marital status, sexual orientation, physical or mental disability, medical condition, military and veteran status, gender identity or expression, genetic information, change of sex or transgender status, or any other basis protected by law. AIM is committed to providing reasonable accommodation to applicants with disabilities.