Contract: Permanent
Hours: Full time (37.5 per week)
Location: Central London with a requirement to travel internationally (approximately 6 weeks/year)
Salary: Circa £60,000 p.a. + Discretionary Bonus, Life Insurance, Private Health Care and Pension (5% non-contributory)
Reports to: Director, Investments
Direct Reports: Interns
CLOSING DATE FOR APPLICATIONS: 03/11/18
CONTEXT
The Power of Nutrition is a UK-based charitable foundation formed by like-minded investors and implementers committed to ending the cycle of undernutrition and helping children grow to their full potential through new financing and focused action. Our vision is to be a leader in the global efforts to eradicate stunting.
Undernutrition is the underlying cause of 45% of all child mortality. In Sub-Saharan Africa and Asia, nearly 4 in 10 children are growing up with stunted bodies and brains. Putting a stop to undernutrition is one of the best means we have to transform children’s health, education and livelihoods.
The Power of Nutrition is working to unlock $1 billion in new financing to transform children’s futures on a scale that few can achieve alone, including substantial co-financing at country level. The Power of Nutrition has a unique matching model in which it matches any dollar raised to make investments in support of national government nutrition programmes, further leveraging funding from implementing partners. The fund launched in April 2015 with support from the Children’s Investment Fund Foundation, UBS Optimus Foundation and the UK’s Department for International Development and our first implementing agency partners include the World Bank Group and UNICEF. In 2018, The Power of Nutrition is developing partnerships with international NGOs to complement its portfolio with the World Bank and UNICEF.
To date, The Power of Nutrition has raised $50 million and co-financed a $360 million of programmes in Tanzania, Liberia, Ethiopia Madagascar, Cote d’Ivoire and Rwanda. The Power of Nutrition is building a healthy pipeline for future investments, including an increasing footprint in Asia. Further information can be viewed at www.powerofnutrition.org
JOB PURPOSE
The candidate will join the team responsible for ensuring The Power of Nutrition’s investments are achieving lasting change for children at scale. S/he will be responsible for:
a) the management of a portfolio of co-investments in support of national governments nutrition programmes
b) ensuring all Power of Nutrition investments are structured with a clear theory of change, rationale for investment, operational model/plan and budget, in line with The Power of Nutrition’s investment policies and following its due diligence process.
c) collaborating with colleagues in the Investments Team to undertake the necessary due diligence on all new investment opportunities and support the review and management of ongoing investments.
d) managing relationships with implementing partners and partner governments for programme development and management through programme reviews.
e) supporting fundraising efforts of the Partnerships & Brands team through participating in meetings with potential new financing partners, technical input in proposals, and biannual reporting of progress on programme portfolio.
f) leading new initiatives of The Power of Nutrition; such as: review of internal strategy and processes; review of innovations in programmes and new innovative financing mechanisms; and selection of new implementing partners.
JOB DESCRIPTION
Programme development, delivery and portfolio management
• Be a key member of the team managing a portfolio of investments
• Lead the oversight of 3-4 investments in Africa or Asia (estimated grant value $50-85 million).
• In partnerships with implementing partners ensure new investments are developed in line with The Power of Nutrition’s Theory of Change and Investment Criteria.
• Ensure programmes include robust programme management and monitoring approach.
• Ensure effective management of The Power of Nutrition’s investment portfolio
• Collaborate with implementing partners to identify innovative new ways to realise sustainable scale up of nutrition interventions at a national level
• Contribute effectively to policy dialogue with key stakeholders in implementing partners and national governments on the sustainable scale-up of The Power of Nutrition Investments
• Work with implementing partners to develop cutting edge approaches to monitor and evaluate the impact of the governance and systemic reform components of The Power of Nutrition’s investments
Reporting
• Work with implementing partners to ensure that 6-monthly financial and operational reports for programme portfolio are submitted on time and in accordance with agreed reporting and results frameworks.
• Monitor programme results to identify needs for course correction in collaboration with partners.
• Support the preparation of report content for investors in collaboration with the Partnerships & Brands team.
• Prepare content on investments and progress for the foundation’s website and other external communication needs.
Fundraising
• Support colleagues in Partnership & Brands in presentations to prospective donors.
• Support the development of proposals for prospective investors.
• Support reporting on programme portfolio to co-investors.
Strategic development
• Support the Director of Investments in developing new approaches for investing in nutrition, including using innovative financing mechanisms (e.g. development impact bonds, impact investment approaches). .
• In collaboration with the Monitoring and Evaluation Specialist, ensure The Power of Nutrition has robust data from investment evaluations for innovation components of programmes.
Sector knowledge and profile-building
• Have an in-depth understanding of the health and nutrition landscape in countries where The Power of Nutrition is investing
• Keep abreast of developments within the nutrition and international development sectors, and particularly in countries where The Power of Nutrition is working.
• Act as The Power of Nutrition’s leading source of knowledge on current and emerging innovations in programme delivery and innovative finance tools for international development and nutrition.
• With a variety of external audiences, act as a knowledgeable resource about The Power of Nutrition’s programmes and priority areas.
Membership of the team
• Comfortable working flexibly and effectively in a focussed team structure.
• Provide support to colleagues, as required, to help build skills, confidence and capability in particular areas, processes or procedures.
• Line manage interns
• Commit to continuing the advancement of The Power of Nutrition brand, messaging and communication.
PERSON SPECIFICATION
Essential requirements:
• Masters’ degree or equivalent level of academic and professional experience in nutrition, health science, public health, political science, international relations, public administration, management, accounting or finance, law or development studies.
• Demonstrable experience in analysis and due diligence across multiple high value programmes
• Knowledge of evidence-based approaches to programme design and implementation in health, nutrition and related sectors and belief in the importance of evidence-based decision making.
• Experience of policy development, programme planning and programme management in Africa and Asia.
• Experience managing large scale grants and/or projects as a donor or implementer.
• Strong understanding of nutrition interventions in an international development context. Experience in nutrition programming will be an asset.
• Excellent partnership and relationship building skills
• Experience working within government systems and/or experience influencing the policies of government agencies, private sector organizations or donor organisations
• Excellent verbal and written communication skills. PowerPoint skills will be an asset. A self-starter, with resilience, pace, drive, interpersonal flexibility and a high degree of organisational skills.
Desirable:
• Familiarity with a variety of impact measurement, programme monitoring and evaluation approaches.
• Experience supporting fundraising for international development projects.
• Demonstration of an ability to influence beyond authority.
• Experience of working with multilateral organisations (e.g. World Bank & UNICEF), Bilaterals (e.g. DFID), Foundations (e.g. CIFF and BMGF) and private sector donors.
• Working knowledge of French
Based in London, this position involves travel
Please apply with Cover Letter and CV to the email: info@powerofnutrition.org
Learn more about The Power of Nutrition: http://www.powerofnutrition.org/