Operations & Valuation Intern

Innpact is the first certified B Corporation in Luxembourg. We recruit people who believe in finance as a force for good to support sustainable impact finance initiatives aiming at solving social and environmental issues. Our talents are passionate about impact finance and have very high ethical standards.

Based in Luxembourg and active globally, we provide specialised impact finance consulting services and fund management services to numerous impact finance initiatives. Innpact has supported the establishment of impact finance vehicles in excess of €10 billion providing significant contributions to the UN’s Sustainable Development Goals.

Through our AIFM and CIS Manager and non-regulated services and in collaboration with impact investment management firms, Innpact manages a dozen of mid and large size impact vehicles active in microfinance, renewable energy, conservation, carbon projects or agriculture. Innpact brings its 17 years’ experience through various tailor-made services including portfolio management, risk management, compliance, reporting and impact management services.

Innpact Group is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

Role:

Within our AIFM, we are currently looking for a motivated Operations Trainee to join our Operations team and to act as support in the internal valuation and to the supervision of delegates. The Operations Trainee will contribute to the monitoring of our service providers and to the collection of reliable inputs for the valuation of assets managed by Innpact Fund Management and will contribute to the continued success of the company by strengthening the operation function and related activities.

Responsibilities:

• Take part in the valuation of assets held by our funds including but not limited to private equity, private debt, venture capital and carbon credits, derivatives

• Collect all relevant input information for the review of the valuation (market trends, economic indicators, and other relevant factors, financial statements)

• Perform first level review for consistency

• Document review and identify exceptions

• Support the Valuation Manager in his/her review and follow up questions

• Prepare valuation reports and documentation for the internal valuation committee

• Provide support with the supervision of delegates and service providers (mainly fund administrators and depository banks)

• Collect KPIs (key performance indicators) and other relevant documentation in relation to the services

• Prepare a first level review for completeness and consistency

• Maintain proper records of reviews performed

• Support the team in their day-to-day operational activities, including oversight, internal and external reporting

• A strong desire to align his/her job to deliver sustainable and responsible services and motivated to support the development of the impact finance sector.

• A good theoretical understanding of financial statements as input to the valuation of alternative illiquid investments.

• Knowledge of valuation principles, methodologies, and techniques would be an advantage.

• Quantitative and analytical skills, including understanding of financial modeling and financial analysis.

• Attention to detail and a commitment to upholding the highest ethical standards.

• Ability to work effectively both independently and as part of a team.

• Proactive problem-solving attitude

• Student in second year of a master's degree program in finance, economics, mathematics, or a related field. An additional certification is a plus.

• Excellent written and spoken English