Investment Associate

Entrust Advisory Limited is a fund manager licensed by the Capital Markets Authority, based in Nairobi. The firm manages investment funds for its investors and advises companies on corporate finance, debt and equity capital markets, structured finance, and blended finance.

The Investment Associate at Entrust Advisory plays a crucial dual role, contributing significantly to both the firm's fund management and transaction advisory operations. For fund management, the associate is responsible for conducting in-depth market and industry research, which is vital for informing investment decisions and preparing comprehensive reports for clients and prospective investors. In the transaction advisory capacity, the role involves detailed transaction analysis, constructing robust financial models, preparing essential transaction documents, and actively supporting the execution process through to successful completion. Furthermore, the associate is expected to contribute to business development initiatives by assisting with pitches, building the client pipeline, and maintaining strong client relationships.

1. Conduct macroeconomic, market, and sector research for Kenya, the African region, and global markets to support fund management, including assessing how global economic, interest rate, and commodity trends affect local markets.
2. Monitor capital markets, interest rates, fixed income, money markets, and regulatory changes, including developments from CMA, CBK, and NSE.
3. Analyze industries and companies to identify investment opportunities and assess associated risks.
4. Prepare research notes, market updates, sector reports, and periodic investor reports for clients and prospective clients.
5. Develop and maintain market data, sector databases, and research tools.
6. Analyze the financial statements, business models, and funding needs of advisory clients and target companies.
7. Construct and maintain financial models, including projections, valuations, debt capacity, cash flow analysis, and structured finance models.
8. Perform sensitivity and scenario analysis, presenting findings to the deal team.
9. Assist with credit assessments and due diligence for clients, investees, and counterparties.
10. Prepare pitch books, information memoranda, teasers, financial models, and investor presentations.
11. Draft and review term sheets, transaction memos, offering documents, and regulatory submissions to the CMA and NSE.
12. Coordinate due diligence, data rooms, and work involving legal, tax, and other advisors.
13. Track transaction timelines, workstreams, and deliverables, keeping the deal team and clients informed.
14. Support engagement with lenders, investors, development finance institutions, and regulators through to financial close.
15. Research and identify prospective clients, investors, and transaction opportunities.
16. Prepare pitch materials, proposals, and engagement letters.
17. Maintain the pipeline and client relationship records.
18. Represent Entrust at industry events and build networks with banks, investors, and advisors.
19. Assist with portfolio monitoring, investment committee papers, and fund performance reporting.
20. Help prepare fund documentation, marketing materials, and investor updates.
21. Support compliance with CMA requirements for collective investment schemes.

1. Hold a bachelor's degree in finance, economics, accounting, actuarial science, business, or a related field.
2. Possess ICIFA or CISI Kenya certification.
3. Progress towards the CFA qualification is advantageous; CPA(K) or ACCA is also relevant.
4. Have at least 3 years of experience in investment banking, corporate finance, transaction advisory, corporate banking, private equity, or fund management.
5. Demonstrate a proven track record of building financial models and working on capital raises, debt transactions, or M&A from origination to close.
6. Experience writing research or investment reports for external audiences.
7. Familiarity with Kenya's capital markets and regulation, including CMA rules on collective investment schemes.
8. Experience with development finance institutions, blended finance, or impact investing is an advantage.
9. Advanced financial modeling and valuation skills, including expertise in Excel, building models from scratch, DCF, comparables, and credit analysis.
10. Strong research and analytical abilities to translate data into clear investment insights and recommendations.
11. Excellent writing skills for preparing clear, concise reports, information memoranda, and transaction documents for various stakeholders.
12. Strong presentation skills, including proficiency in PowerPoint and confidence in presenting to clients and investment committees.
13. Proven execution skills, capable of managing multiple workstreams and deadlines with close attention to detail.
14. Commercial awareness to identify opportunities and contribute effectively to business development.
15. Strong relationship management skills for effective collaboration with clients, co-advisors, lenders, and investors.
16. High level of integrity and discretion in handling confidential and market-sensitive information appropriately.
17. Ability to work independently in a small team with minimal supervision and take ownership of tasks.