Investment Manager

Profile

Lagos, Nigeria

Job Family Group:

Commercial and Retail

Worker Type:

Regular

Posting Start Date:

February 21, 2022

Business unit:

Integrated Gas

Experience Level:

Experienced Professionals

Job Description:

Shell’s Powering Progress Strategy includes the ambition to achieve net zero emissions by 2050. Shell’s renewable power business is the growth pillar of this strategy, aiming to sell 560 TWh of renewable energy per year by 2030 to B2B and B2C customers, helping them decarbonize their operations and homes. The Powering Lives pillar of our strategy includes the ambition to provide reliable electricity to 100 million people in Africa and Asia by 2030. To achieve this, Shell’s energy access team is looking to build a commercial power business at scale in emerging markets in Africa and Asia, investing across all on-grid and off-grid power sector archetypes.

Where you fit in

As an Investment Manager with experience in investments in complex markets, you can make your mark by contributing to building Shell’s power business in Africa. As part of Shell’s energy access team in Shell’s Renewable & Energy Solutions, you will contribute to providing reliable energy to 100m people in emerging markets by 2030 through commercial investments in on-grid and off-grid power sector projects and companies.

Today, almost 800 million people globally have no electricity access at all and 2 bn people depend on unreliable power supply. Shell’s energy access team invests in off-grid and on-grid power solutions, including solar home system and mini-grid companies, utility partnerships, larger-scale generation projects and power solutions for commercial and industrial clients that help these customers to decarbonize their operations. Africa continues to face significant energy access gaps as well as unreliable power supply for residential and business customers. Shell’s energy access team is looking to leverage Shell’s presence in key countries and existing energy access portfolio investments to build a commercial and impactful power business in Africa.

What’s the role?

As part of our growing energy access team, we are looking for an experienced Investment Manager with knowledge of the power sector and energy access landscape in Africa and a proven track record of originating, negotiating, closing and managing investments in commercial off-grid, on-grid and integrated power companies, joint ventures and projects across technologies and markets.

The investment manager Nigeria and West Africa in the Energy Access team will be responsible for diligencing, executing and managing power investments and partnerships in Nigeria and West Africa to accelerate progress towards Shell’s ambition to deliver reliable electricity to 100 million consumers in emerging markets by 2030.

Your further accountabilities will include:


Contribute to business development activities across national/regional power markets in Nigeria and West Africa.
Contribute to the deal delivery of commercial power and energy access investments in companies, joint ventures and projects across the power sector spectrum (off-grid/mini-grid/on-grid distribution, generation, integrated power solutions) and across technologies.
Conduct due diligence, financial modelling, contribute to deal structuring and participate in negotiations through to deal completion.
Contribute to internal review and approval processes in line with applicable rules and procedures.
Be responsible for ongoing portfolio management of specific investments.
Bring knowledge of the power sector, conduct market research, identify trends and growth opportunities for Shell’s power business in Nigeria and West Africa.
Develop and manage partnerships with corporate, financial, and governmental stakeholders at technical level to accelerate deal origination and execution.
Engage in governance of portfolio companies, joint ventures and/or acquisitions (as applicable), and act as shareholder representative or support for performance excellence and enhanced value creation.
Collaborate with internal partners regarding project development, partnerships, deal execution, portfolio governance, finance, HSSE et al. across the Shell Group.
Contribute to operational plans, performance reviews and strategy updates.


What we need from you?

We’re keen to hear from individuals with preferably minimum of 7-8 years of working experience in power sector investment in Africa and a Bachelor’s Degree in economics, finance or equivalent. Alongside this, we’d hope to see the following on your CV:


Relevant degree in economics, finance etc. and at least 7 years of investment experience (corporate/project finance, private equity, M&A) in the power, renewable energy and/or energy access sectors in emerging markets, including in Africa.
Investment experience across the various stages of power sector investments (development/construction/operations) and across several technologies (gas, wind, solar, hydro, geothermal, storage etc.).
Experience/knowledge of on-grid and/or off-grid power solutions in emerging markets across technologies and financing options, including in Africa.
Demonstrated track record of power sector deal execution in Africa, including identification of risks and value drivers and ensuring commercial project economics.
Existing network within the emerging markets power and investment ecosystem in Africa.
Good relationship management skills and experience of working across organisational boundaries, co-ordinating multi-disciplinary teams.
Ability to operate effectively in a rapidly evolving, highly competitive and fast-paced external environment, understanding market trends and identifying strategic investment opportunities.
Experience in navigating and managing information flows and stakeholders in emerging markets, including in Africa.
Strong delivery focus and ability to deliver under pressure.
High capacity and self-sufficiency balanced with an ability to recognise when to seek help.
Organised, able to prioritise time and opportunities to achieve greatest impact.
Strong communication skills.
Fluency in English and French.
The role requires to be based in or travel regularly to Africa.


The role requires:


Willingness to travel to remote locations.
A relentless focus on the external market and what it takes to be competitive.
Strong delivery focus and ability to deliver under pressure.
High capacity and self-sufficiency balanced with an ability to recognise when to seek help.
Organised, able to prioritise time and opportunities to achieve greatest impact.
Ability to work in rapidly changing uncertain business environments.


Scam Warning:

Shell does not request monetary payments (e.g. insurance policy, visa/work permit, HUET or HSSE training, special job offer, etc.) for employment. Individuals who are interested in opportunities within the Shell Group will find open positions listed on the company websites ****when available.

Shell does not make use of employment forms; neither does the Company process CVs that have not been submitted through the proper websites: ****. All successful applicants who receive an offer of employment from Shell would have been required to go through a formal and transparent recruitment process.

To learn more about Shell’s recruitment process please visit our website ****.

Shell is an Equal Opportunity Employer.

COMPANY DESCRIPTION

The world faces energy challenges that are becoming more complex each day. We’re looking for people who share our passion for taking on those challenges with cutting edge technology, innovative thinking and a commitment to properly managed risk. Shell develops and operates some of the largest and most complex projects in the world and we always endeavour to work at the leading edge of technical innovation.

An innovative place to work

There’s never been a more exciting time to work at Shell. Everyone here is helping solve one of the biggest challenges facing the world today: bringing the benefits of energy to everyone on the planet, whilst managing the risks of climate change.

Join us and you’ll add your talent and imagination to a business with the power to shape the future – whether by investing in renewables, exploring new ways to store energy or developing technology that helps the world to use energy more efficiently.

An inclusive place to work

To power progress together, we need to attract and develop the brightest minds and make sure every voice is heard. Here are just some of the ways we’re nurturing an inclusive environment – one where you can express your ideas, extend your skills and reach your potential…


We’re creating a space where people with disabilities can excel through transparent recruitment process, workplace adjustments and ongoing support in their roles. Feel free to let us know about your circumstances when you apply and we’ll take it from there.
We’re closing the gender gap – whether that’s through action on equal pay or by enabling more women to reach senior roles in engineering and technology.
We’re striving to be a pioneer of an inclusive and diverse workplace, promoting equality for employees regardless of sexual orientation or gender identity.
We consider ourselves a flexible employer and want to support you finding the right balance. We encourage you to discuss this with us in your application.


A rewarding place to work

Combine our creative, collaborative environment and global operations with an impressive range of benefits and joining Shell becomes an inspired career choice.

We’re huge advocates for career development. We’ll encourage you to try new roles and experience new settings. By pushing people to reach their potential, we frequently help them find skills they never knew they had, or make career moves they never thought possible.

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DISCLAIMER:

Please note: We occasionally amend or withdraw Shell jobs and reserve the right to do so at any time, including prior to the advertised closing date. Before applying, you are advised to read our data protection policy. This policy describes the processing that may be associated with your personal data and informs you that your personal data may be transferred to Royal Dutch/Shell Group companies around the world. The Shell Group and its approved recruitment consultants will never ask you for a fee to process or consider your application for a career with Shell. Anyone who demands such a fee is not an authorised Shell representative and you are strongly advised to refuse any such demand. Shell is an Equal Opportunity Employer.

According to the United Nations, the global population could increase to more than 10 billion people. A key role for society – and for Shell – is to find ways to meet the growing demand for energy, with less carbon emissions. We need people who dare to think differently – to take part in developing tomorrow’s energy solutions today.

Company info

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