Women’s World Banking

Women’s World Banking is the global non-profit devoted to giving more low-income women access to the financial tools and resources essential to their security and prosperity. For more than 35 years we have worked with financial institutions to show them the benefit of investing in women as clients, and as leaders. We equip these institutions to meet women’s needs through authoritative market research, leadership training, sustainable financial products and consumer education. With headquarters in New York, Women’s World Banking works with 39 institutions in 28 countries with a reach of 14 million women to create access to finance on a greater scale than ever before. These institutions form the Women’s World Banking network.

ISIS Fund

WWB Isis Fund, LP, a $44mm Delaware limited partnership (the “Isis Fund” or “Fund”), was launched in January 2012 to make direct minority equity investments in high-performing, women-focused, MFIs worldwide in accordance with the investment program established by Women’s World Banking.

Rationale or Purpose of the Assignment

The Chief Investment Officer (“CIO”) of WWB Asset Management, Christina Juhasz, seeks a talented volunteer associate (the “Intern”) to provide support on projects related to Fund management.  The Intern will gain valuable insight and experience in the area of social / impact investment vehicles.

Scope of Work and Responsibilities

The Intern will be responsible for the following:

  • Support CIO in pursuit of investment opportunities
    • Research as needed to support investment decisions
    • Assist with data entry for financial models
    • schedule/attend meetings, and tracking meeting follow-ups
  • Support CIO in Investor Relations
    • Assist in preparation of financial statements
    • Research and outreach to support social impact reporting
  • Support CIO in Management of Fund Activities
    • Assist with record keeping
    • Assist with the drafting and implementation of administrative policies
    • Assist with expense tracking and payment processing
  • Ad hoc responsibilities, as assigned by the CIO or other Isis Fund staff.

Estimated Timetable and Terms

The position is available from May – September, 2014. This is a part-time, unpaid position (up to 3 business days per week).

Monitoring During the Assignment

The Intern will report directly to the CIO and occasionally to WWB Asset Management support staff.

Resources and Support During the Assignment

The Intern will interact daily with the CIO and have access to the full suite of Women’s World Banking’s information resources with daily on-the-job training on the use of Women’s World Banking’s databases and information.  In conducting research and diligence, the Intern would also have access to Women’s World Banking’s Global team which is recognized for its deep experience and skills in the areas of microfinance product development, market research and competitive strategies; gender studies and women’s leadership; specialized capacity building and market intelligence and innovations. The Intern will have access to administration and support staff. The Intern will be given a desk, computer and telephone at Women’s World Banking headquarters in New York City.

Evaluation

The Intern will be evaluated by the CIO at the end of the assignment.

Candidate Profile

Strong Candidates will:

  • Be working towards a related graduate degree (e.g. business, international relations);
  • Be proficient in MS-Excel;
  • Be self-starters and have the ability to work under pressure and manage and prioritize tasks effectively;
  • Have strong written and verbal communication skills
  • Have foreign language skills, Spanish preferred

To Apply

Candidates may submit their resume and cover letter by April 30, 2014 to hr@womensworldbanking.org. In the subject line of your email please write: Internship: ISIS Fund.

Women’s World Banking is an equal employment opportunity for all regardless of race, color, citizenship, religion, national origin, sex, sexual orientation, gender identity or expression, age, disability, veteran or reservist status or any other category protected by federal, state or local law.