Job Specification

Title

Chief Investment Officer

Programme

Initially as part of project Rural Innovations Fund and then set up a separate Fund

Location

Chennai

Job Objective

Establish, Prove and Scale the Rural Innovation Seed&Angel Fund

Reporting to

Chief Executive Officer, RIN

Reporting from

None as of now

Qualification

MBA in Finance is desirable, but not a must if the candidate possesses experience in the investment sector

Experience (Years / Nature)

7-8 years, age of around 30.

Knowledge

Knowledge of rural markets, venture capital, private equity

Skills

Deal scourcing, appraisals of business plans, valuation, syndication, people management skills

Attitudinal competencies

 Demonstrate entrepreneurial competencies 

KRAs

·         Setting up the Fund – analyzing the market, developing the business plan

·         Fund Raising – for the fund and incubatees

·         Investing – investing in incubatees

Activities

Pilot investing through RIN

-          Advise team members in developing business plans for incubatees

-          Structure and make seed and angel investments - for incubates or other investees

-          Review the investments

-          Advise the team members in refining incubatee business plan

-          Support team members in raising early stage growth funds for investee incubatees from among other social investors – in areas such as valuation, negotiations with investors, deal structuring

Market research and Business Planning

-          Study and Evaluate the seed and angel funds market, define the weaknesses in capital needs and opportunities (pain points for investees) and recommend funding approaches/products

-          Decide whether RIN needs to set up a new funds or whether we can partner with an existing fund

-          Establish legal entity OR build partnership with another investor

-          Develop a business plan and memorandum for the proposed fund

Fund Raising

-          raise funds from donors/foundations and HNI committed to innovation and social enterprises

Investing

-          Review business plans

-          Structure and make seed and angel investments

-          Review the investments

-          Hand-hold the entrepreneur to raise early stage growth fund by refining the business plan, valuations, negotiations with investors, deal structuring

Marketing

-          Define the name the fund and the brand identity

-          Build the RIAF brand among the various stake-holders through well defined communication and networking programmes

Administration

-          Meet all statutory compliances

Board

-          Organise quarterly board meetings and provide monthly updates