Nature-based Solutions Investments - Portfolio Manager
Oakland, CA
Full-time
Remote
1 month ago
About the role
Position: Nature-based Solutions Investments - Portfolio Manager
Term: Full-time
Location: Remote (working at least 4 hours in North America Pacific time zone) Company OverviewFounded in 2006, Terra Global is a mission driven company delivering 20 years of passion and persistence for people and the planet. Terra Global's mission is to provide technical expertise and climate-related private sector finance to empower communities, governments, and local partners to build financially, socially, and environmentally sustainable landscapes. Terra Global is a global leader in sustainable forest and agriculture program development, land-use greenhouse gas quantification and finance, and providing technical expertise and investment capital to their global client base in a collaborative and innovative manner. Having worked in 31 countries, Terra Global has designed and supported the implementation of REDD+ and other sustainable landscape programs from the project to national scale.Position ResponsibilitiesThe 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 ProjectsEvaluate projects that have been screened by the sourcing team and develop carbon eligibility assessments including:
Investment Readiness and Due Diligence
Post-Investment (Active Investments)
Capital Raising
Essential Skills and QualificationsThis remote position is for either an Principal or Director depending on experience. Principals require 7-12 years of directly applicable NbS Climate Finance experience and Directors more than 12 years. Require Skills and Experience
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.
Term: Full-time
Location: Remote (working at least 4 hours in North America Pacific time zone) Company OverviewFounded in 2006, Terra Global is a mission driven company delivering 20 years of passion and persistence for people and the planet. Terra Global's mission is to provide technical expertise and climate-related private sector finance to empower communities, governments, and local partners to build financially, socially, and environmentally sustainable landscapes. Terra Global is a global leader in sustainable forest and agriculture program development, land-use greenhouse gas quantification and finance, and providing technical expertise and investment capital to their global client base in a collaborative and innovative manner. Having worked in 31 countries, Terra Global has designed and supported the implementation of REDD+ and other sustainable landscape programs from the project to national scale.Position ResponsibilitiesThe 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 ProjectsEvaluate 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 and build detailed project budgets aligned with long-term workplans
- Prepare investment models and analyze financial returns
- Develop institutional arrangements for investments
- 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 proceduresBenefits allocationCommunity engagementFeedback, Grievance ad RedressFiscal management policies and proceduresProgram operational policies
- 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 (Active Investments)
- 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 QualificationsThis remote position is for either an Principal or Director depending on experience. Principals require 7-12 years of directly applicable NbS Climate Finance experience and Directors more than 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 or French 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.