Website: Website http://lendablemarketplace.com/

  • Assistant Financial Controller

    Assistant Financial Controller

    Job description
    Do you have experience setting up internal projects and accounting systems? Can you create models and graphs that communicate important takeaways? Have you worked in internal finance as a business manager or comptroller, preferably for a financial services company?
    Lendable is looking for an individual who can assist the Finance Director and Head of Capital Markets on firmwide / global actions. Their main responsibility will be to maintain all accounting and reporting obligations of Lendable, create internal financial analysis, manage AR/AP, approve internal spending expense and invoice management. They will also be the main contact for all due diligences and audits of Lendable as well as responsible for maintaining and updating capital markets-related documentation and assisting with prospective investor communications.
    Responsibilities:

    Manage all accounts receivable and accounts payable for Lendable, working in connection with our external accountants and bookkeepers in Nairobi and NY to make sure everything is accurately reflected in our general ledgers. Eventually, you will take over full control of our general ledgers and our external accountants will provide only support and prepare our tax returns.
    Administer and manage our expense and invoice management system, Concur and produce reports using that system.
    Handle any accounting and finance-related queries that arise from internal stakeholders and senior management and generally support the Finance Director in providing detailed reports to senior management and the board of directors of Lendable.
    Keep control and manage all accounting schedules and receipts and a filing system for purposes of our year-end audit process.
    Author and support the creation of monthly accounting report templates that provide insight into the management and the performance of the business and assist the Finance Director is periodic reporting to all interested parties.
    Work with internal deal operations teams to make sure their reporting feeds into our general ledges where appropriate.
    File monthly taxes in Kenya.
    Support the Head of Capital Markets with the creation of new PowerPoint slides and periodic investor-driven marketing documents.
    Be able to run simple pricing and relative value models and build a database of comparable financing deals and trades drawing from available research sources.

    Competencies & Applied Values:

    Project Management

    Can manage internal projects to set up new internal accounting systems and procedures
    Prioritizing crucial time-critical tasks to make sure deadlines are met

    Artifact Creation

    Can create simple yet powerful excel models that outsiders can easily understand
    Can create simple and intuitive slides that tell stories

    Being Demanding

    Natural urgency to seek to improve our accounting and finance function
    Always asking how we could provide better reporting data to internal stakeholders, management and the board of director

    Strives to never make mistakes and immediately takes responsibility when they do

    Rigorous Communication

    Exceptional at communicating directly

    Exceptional EQ

    Can create models and graphs that communicate important takeaways

    Integrity

    Always does right by the business and seeks to make sure our procedures and processes are following generally accepted accounting principles and practices.
    Doesn’t hesitate to flag potentially challenging situations

    Judgement

    Exceptional ability to prioritize
    Exceptional knack for when to escalate
    Team Player
    Doesn’t point fingers
    Knows how to get needed resources without rubbing others the wrong way

    Requirements:

    5+ years of relevant accounting and bookkeeping experience (including GAAP), including up-to-date knowledge of QuickBooks and Excel modeling
    2+ years in an internal finance, business manager, or comptroller role, preferably for a financial services company, like a commercial or investment bank, alternative lender, or asset manager.
    Fluent in Powerpoint

  • Business Analyst

    Business Analyst

    Job description
    Are you passionate about building financial models? Are you a project management guru who is motivated by seeing the successful completion of a project? Are you energized by buidling and nurturing client relationships? Look no further!
    Lendable is looking for a Business Analyst to manage their Alternative Lender diligence process for new Alternative Lenders they want to work with. This role will sit in their East Africa office. The Business Analyst will also manage existing Alternative Lenders that Lendable wishes to offer repeat funding.
    The ideal candidate is someone with exceptional finance skills, and a deep passion for the truth. If you are the type of person that stays up late doing analysis before a big meeting so that you are the most prepared person in the room, this could be a great fit!
    Responsibilities:

    Run the Alternative Lender verification process where analysis and tasks ranging from in-depth operational analysis, assessment of Alternative Lenders credit underwriting standards, financial and solvency modeling to managing the receipt of all documentation throughout the process and more.
    Assist in completion of all investor-facing marketing and legal documentation.
    Manage the subsequent, abridged, verification process for repeat transactions with existing Alternative Lenders
    Responsible for certain aspects of monitoring of Alternative Lenders portfolio during the funding period.
    Work as part of the Lendable Labs team providing data analytics and credit services to their Alternative Lenders
    This role will go by the title “Credit Officer” internally.

    Does this sound like you?

    3+ years as a Financial Analyst or Associate at an East African financial services institution, particularly with experience in credit analysis for lending.
    Advanced financial modeling skills.
    Ability to run multiple verification processes in tandem.
    Experience interacting with clients and managing information transfer.
    Experience in producing simple and understandable analytical products.
    Experience in working with a wide cross section of team members on collaborative efforts.

    Nice to have

    Accredited accountant
    Experience doing due diligence on microfinance or banking institutions

    Personal Traits

    Proactive in identifying key issues during the verification process in addition to proposing solutions to the deal lead
    Relentlessly open communicator 

    Unquestioned honesty and integrity 

    A constant drive to learn 

    Enjoys tackling tough, large problems 

    The ability to laugh under stress 


  • Business Analyst

    Business Analyst

    The Business Analyst role offers international exposure in investments across emerging markets. The successful applicant will have the opportunity to build strong networks in the industry, and learn from an experienced global team ready to share their expertise. Lendable prioritizes career progression – this role will expand as the candidate’s ability grows.
    Lendable is a financial technology startup that connects local debt generators to foreign investors. They are a team of finance experts, data scientists, and technologists who make receivable financing easier in developing markets.
    Responsibilities:
    Build trust and rapport across a range of targeted audiences
    Work with potential originators to help them complete the pre-approval form and present back to them the initial price estimate
    Assist in completion of investor teaser and offering memorandum for new originators and existing originators, with whom Lendable wishes to do repeat funding
    Engage and build trust with audiences ranging from internal team members to CEOs of debt originators; must be able to communicate powerfully through different mediums
    Understand their debt originators’ organizations and accurately communicate their unique needs and status to the internal team
    Build a positive relationship with debt originators and communicate data needs or discrepancies, have the client understand any issue arising and motivate them to resolve it
    Work as part of the Lendable Labs team providing data analytics and credit services to originator partners
    Project Management
    Act as Project Manager during the verification process with new originators that are assigned to you; manage receipt of all deliverables during the process and interpretation of that information
    Manage the subsequent, abridged, verification process for repeat transactions with existing originators
    Manage the funding process from beginning to end, ensuring adherence to timelines and managing changes as they come up
    Manage the flow of data between Lendable and the debt originators.
    Financial Analysis and Modeling
    Complete initial solvency model for all transactions and assist Lendable’s deal team on refining of solvency and deal models
    Responsible for certain aspects of monitoring of originator’s portfolio during the funding period
    Responsible for analyzing data provided by debt originators to determine whether they should receive funding based on financial models
    Does this sound like you?
    3+ years as a Financial Analyst or Associate at an East African financial services institution, particularly with experience in credit analysis for lending
    Experience interacting with clients and managing information transfer
    Proactive in identifying key issues that may be of concern while undertaking 
analysis
    Experience in producing simple and understandable analytical products. 

    Experience in working with a wide cross section of team members on 
collaborative efforts
    Comfort with financial analytics, accounting and Microsoft Excel
    Nice to have
    Accredited accountant
    Experience doing due diligence on microfinance or banking institutions
    Education in financial modeling or accounting
    Experience in working on a diligence process for private equity 

    Personal Traits
    Relentlessly open communicator 

    Unquestioned honesty and integrity 

    A constant drive to learn 

    Organized and detail oriented
    Enjoys tackling tough, large problems 

    The ability to laugh under stress

  • Buiness Analyst

    Buiness Analyst

    Job description
    Are you passionate about building financial models? Are you a project management guru who is motivated by seeing the successful completion of a project? Are you energized by buidling and nurturing client relationships? Look no further!
    Lendable is looking for a Business Analyst to manage their Alternative Lender diligence process for new Alternative Lenders they want to work with. This role will sit in their East Africa office. The Business Analyst will also manage existing Alternative Lenders that Lendable wishes to offer repeat funding.
    The ideal candidate is someone with exceptional finance skills, and a deep passion for the truth. If you are the type of person that stays up late doing analysis before a big meeting so that you are the most prepared person in the room, this could be a great fit!
    Responsibilities:

    Run the Alternative Lender verification process where analysis and tasks ranging from in-depth operational analysis, assessment of Alternative Lenders credit underwriting standards, financial and solvency modeling to managing the receipt of all documentation throughout the process and more.
    Assist in completion of all investor-facing marketing and legal documentation.
    Manage the subsequent, abridged, verification process for repeat transactions with existing Alternative Lenders
    Responsible for certain aspects of monitoring of Alternative Lenders portfolio during the funding period.
    Work as part of the Lendable Labs team providing data analytics and credit services to their Alternative Lenders
    This role will go by the title “Credit Officer” internally.

    Does this sound like you?

    3+ years as a Financial Analyst or Associate at an East African financial services institution, particularly with experience in credit analysis for lending.
    Advanced financial modeling skills.
    Ability to run multiple verification processes in tandem.
    Experience interacting with clients and managing information transfer.
    Experience in producing simple and understandable analytical products.
    Experience in working with a wide cross section of team members on collaborative efforts.

    Nice to have

    Accredited accountant
    Experience doing due diligence on microfinance or banking institutions

    Personal Traits

    Proactive in identifying key issues during the verification process in addition to proposing solutions to the deal lead
    Relentlessly open communicator 

    Unquestioned honesty and integrity 

    A constant drive to learn 

    Enjoys tackling tough, large problems 

    The ability to laugh under stress

  • Administrative Assistant

    Administrative Assistant

    Job description
    Lendable is looking for an Administrative Assistant who will be responsible for managing the office, preparing regular reports (e.g. expenses and office budgets) and organizing company records. They will also help the company management and employees when needs arise.
    Job Responsibilities

    Plan and coordinate administrative procedures and systems and devise ways to streamline processes
    Working with the HR team to apply for employees’ special passes, work permits, investor permits, multi journey visas etc.
    Managing company/office expenses on the company’s expense application Concur
    Ensuring the office’s recurrent office bills (water, electricity) are paid on time
    Oversee facilities services, maintenance activities and trades persons (e.g. electricians)
    Monitor costs and expenses to assist in budget preparation and managing the operations within this budget
    Booking flights for the employees
    Address employees’ queries regarding office management issues (e.g. stationery, hardware and travel arrangements)
    Filing and keeping track of all the company’s receipts
    Organize and supervise in-house or off-site office activities (renovations, events, parties, conferences etc.)
    Liaise with facility management vendors, including cleaning, catering and security services
    Helping the operations team with collecting signatures for the deal legal documents and sending the documents to the lawyers for registration
    Renewal and follow up for all business permits and licenses
    Keeping track of all the office assets and ensuring asset allocation details are well maintained.
    Organize purchase of electronics for the office and new hires
    Assist in on-boarding new hires
    Coordinating office deliveries
    Any other admin roles that may come up from time to time or as may be directed by management
    Does this sound like you?
    Bachelor’s degree in Business Administration/Management, Communications or related field.
    More than 3 years proven administrative assistant or office manager experience
    Knowledge of computer systems, office management systems and procedures (MS office, Google suite)
    Excellent time management skills and ability to multi-task and prioritize work.
    Attention to detail and problem-solving skills.
    Excellent written and verbal communication skills.
    Start-up experience is an added advantage
    A team player with leadership skills
    Can work under minimum supervision
    Strong organizational and planning skills.

  • Senior Business Development Manager (Solar)

    Senior Business Development Manager (Solar)

    Job description
    Do you have experience working for a pay-as-you-go solar company? Does have the insights necessary to creat a financing strategy within this sector? Does the idea of reaching out, engaging and closing financing deals for pay-as-you-go companies interest you? Lendable is hiring!
    Lendable is using technology and fundamental capital markets principles such as standardization and transparent pricing to disrupt credit in Africa. They are a tech-enabled lender that provides liquidity to alternative lenders (non-deposit-taking financial institutions) so they can in turn provide credit to those who need it the most — underbanked consumers and small businesses in the region. They are based in New York and Nairobi, Kenya. They are passionate about making African consumer and SME credit a competitive asset class.
    About this role
    Lendable is looking for an individual to join their team to help shape their solar investment strategy. The role will focus on the development and growth of a pipeline of Pay-as-you-go solar companies within their portfolio. This role requires someone who has a deep understanding and experience in the pay-as-you-go solar energy sector.
    Key Responsibilities

    Develop a strategy for Lendable to finance PAYG solar companies and determine appropriate pricing strategy for financial products
    Make suggestions on product changes or adaptations to fit Lendable’s model with PAYG solar companies
    Generate PAYG solar leads by identifying and initiating relationships with potential clients
    Manage PAYG solar client relationships and timelines from first meeting to deal close as well as maintain trust and rapport with existing client relationships
    Work closely with credit team in managing clients during the due diligence process as well as the risk team in managing live clients during distress scenarios

    Does this sound like you?

    3-5 years of finance experience at a PAYG solar company or at an investment firm focused on PAYG solar OR 3+ years experience at investment firm focused on emerging or frontier markets and 2+ years experience working at a PAYG solar company (in a non-finance role)
    Technical ability to understand how Lendable’s financial product offerings fit with PAYG solar companies specifically
    Proven experience in influencing decision makers
    Strong experience in handling stakeholder and client relations
    Prior experience working with leadership level individuals at PAYG solar companies

  • Deal Operations

    Deal Operations

    Job description
    About the role
    Operations is a dynamic role that partners with many aspects of the company to execute bank transfers, investor statements, customer invoices, bank reconciliations and internal performance reporting. Operations provides essential risk management and controls to protect and enhance our deal performance and reputation. It’s Operations that manages the daily processes and controls that enable the business to operate smoothly.
    Key Responsibilities

    Deal Operations – Recurring Tasks:

    Distribute investment notices to investors
    Prepare and distribute invoices to customers using custom software tools
    Receive payments, reconcile accounts and disburse funds to investors
    Build and distribute investor reporting
    Work with the risk management team to prepare portfolio stress tests and ad hoc analysis
    Address investor and alternative lender questions in a timely manner
    Transact foreign exchange transactions with overseas banks
    Work with internal software team to streamline existing processes and implement software solutions to enhance deal operations
    Report outstanding accounts receivable
    Maintain general ledgers for each vehicle and manage the audit process
    Manual recording of invoices, payments and interest calculations for pilot products until such time that they are automated into custom software tools

    Deal Operations – Setup Tasks:

    Onboard investors, including the subscription process, gathering Know Your Client (KYC) information and bank account information
    Coordinate legal paperwork routing and signature gathering among internal and external stakeholders; including trustees, administrators, auditors and signatories to ensure timely deal funding
    Ensure cash flow waterfall models and other trade capture systems are setup for the appropriate vehicles / transactions
    Deal Operations – Process Design and Improvement:
    Evaluate the overall deal ops process, identify segments that can be outsourced for cost effectiveness, process efficiency gains. For example, evaluate hiring a servicing manager to bill and collect funds from originators in local currency versus hiring internal staff in Nairobi.
    Hire and manage all service providers.
    Track financials for pilot products assisting in the establishment of standard operating procedures and tools.

    Financial Reporting:

    Develop standalone Profit and Loss statements for each SPV, for use in computing unit economics and contribution margin
    Prepare monthly internal financial reporting comparing budget to actuals on a consolidated basis. This requires the use of/learning reporting tools, for which training time and materials can be provided.
    Prepare forward looking projections of management fees based on deal performance, in coordination with Software Product and Technology teams to create scalable reporting

    Does this sound like you?

    Intelligence and critical thinking skills are essential for success at Lendable.
    Willing and able to learn new processes, new software tools and adapt to the changing business needs of a startup.
    Initiative to own and develop new processes as the organization scales.
    Software Tools Including: Microsoft Excel (mid to advanced), Google Drive, Sheets, Docs, G-Mail, and Adobe PDF editor.

  • Business Development Associate

    Business Development Associate

    Job description
    Are you a business development pro who excels at establishing and maintaining client relationships? Do you have strong credit/financial analysis skills? Are you motivated by working with exceptional cross-functional teams to make sure your clients stay happy?
    Lendable is looking for an individual to join their business development team to focus on the ongoing growth and development of pipeline along with relationship management of their Alternative Lender clients.
    What you will do:

    Generate Alternative Lender leads by identifying and initiating relationships with potential clients
    Manage client relationships and sales process from first meeting to deal close
    Maintain trust and rapport with existing client relationships and continue to manage the growth of existing relationships
    Work closely with credit team in managing clients during the due diligence process
    Work closely with risk team in managing live clients during distress scenarios

    Required Competencies:

    Project Management Capabilities
    Can lead sales meetings with alternative lenders; ability to manage and speak with various levels of stakeholders in an organization
    Can make decisions or use judgement when required especially as it relates to client needs and assessing fit as a business partner
    Ability to manage timelines and get credit and integrations teams to perform on time
    Technical capability
    Ability to complete high level analysis on a target companies financial viability by completing high level analysis of financial statements
    Proactive in identifying key issues during the initial stages of the diligence process
    Some experience in financial analysis or credit underwriting of businesses would be a plus
    Experience in producing and presenting analytical reports/presentations
    Can understand financial product offering and effectively educate potential alternative lenders on the same
    Can lead negotiation discussions with alternative lenders
    Can identify product needs or new product opportunities in the course of business
    Customer Service
    Strong customer focus and ability to manage client’s expectations throughout client life cycle
    Obsessed with client happiness

    Does this sound like you?

    3-5 years’ relevant sales/relationship management experience, preferably from a leading financial service firm (bank, investment bank, Private Equity firm, insurance firm, etc.) where you have proven track record in surpassing set targets
    Ability to work collaboratively but also self-manage time
    Proven experience in influencing decision makers

    Personal Traits

    Relentlessly open communicator
    Unquestioned honesty and integrity
    A constant drive to learn
    Enjoys tackling tough, large problems
    The ability to laugh under stress

  • Assistant Financial Controller

    Assistant Financial Controller

    Job description
    Do you have experience setting up internal projects and accounting systems? Can you create models and graphs that communicate important takeaways? Have you worked in internal finance as a business manager or comptroller, preferably for a financial services company?
    Lendable is looking for an individual who can assist the Finance Director and Head of Capital Markets on firmwide / global actions. Their main responsibility will be to maintain all accounting and reporting obligations of Lendable, create internal financial analysis, manage AR/AP, approve internal spending expense and invoice management. They will also be the main contact for all due diligences and audits of Lendable as well as responsible for maintaining and updating capital markets-related documentation and assisting with prospective investor communications.
    Responsibilities:

    Manage all accounts receivable and accounts payable for Lendable, working in connection with our external accountants and bookkeepers in Nairobi and NY to make sure everything is accurately reflected in our general ledgers. Eventually, you will take over full control of our general ledgers and our external accountants will provide only support and prepare our tax returns.
    Administer and manage our expense and invoice management system, Concur and produce reports using that system.
    Handle any accounting and finance-related queries that arise from internal stakeholders and senior management and generally support the Finance Director in providing detailed reports to senior management and the board of directors of Lendable.
    Keep control and manage all accounting schedules and receipts and a filing system for purposes of our year-end audit process.
    Author and support the creation of monthly accounting report templates that provide insight into the management and the performance of the business and assist the Finance Director is periodic reporting to all interested parties.
    Work with internal deal operations teams to make sure their reporting feeds into our general ledges where appropriate.
    File monthly taxes in Kenya.
    Support the Head of Capital Markets with the creation of new PowerPoint slides and periodic investor-driven marketing documents.
    Be able to run simple pricing and relative value models and build a database of comparable financing deals and trades drawing from available research sources.

    Competencies & Applied Values:

    Project Management

    Can manage internal projects to set up new internal accounting systems and procedures
    Prioritizing crucial time-critical tasks to make sure deadlines are met

    Artifact Creation

    Can create simple yet powerful excel models that outsiders can easily understand
    Can create simple and intuitive slides that tell stories

    Being Demanding

    Natural urgency to seek to improve our accounting and finance function
    Always asking how we could provide better reporting data to internal stakeholders, management and the board of director

    Strives to never make mistakes and immediately takes responsibility when they do

    Rigorous Communication

    Exceptional at communicating directly

    Exceptional EQ

    Can create models and graphs that communicate important takeaways

    Integrity

    Always does right by the business and seeks to make sure our procedures and processes are following generally accepted accounting principles and practices.
    Doesn’t hesitate to flag potentially challenging situations

    Judgement

    Exceptional ability to prioritize
    Exceptional knack for when to escalate
    Team Player
    Doesn’t point fingers
    Knows how to get needed resources without rubbing others the wrong way

    Requirements:

    5+ years of relevant accounting and bookkeeping experience (including GAAP), including up-to-date knowledge of QuickBooks and Excel modeling
    2+ years in an internal finance, business manager, or comptroller role, preferably for a financial services company, like a commercial or investment bank, alternative lender, or asset manager.
    Fluent in Powerpoint

  • Business Analyst

    Business Analyst

    Job description
    Are you passionate about building financial models? Are you a project management guru who is motivated by seeing the successful completion of a project? Are you energized by buidling and nurturing client relationships? Look no further!
    Lendable is looking for a Business Analyst to manage their Alternative Lender diligence process for new Alternative Lenders they want to work with. This role will sit in their East Africa office. The Business Analyst will also manage existing Alternative Lenders that Lendable wishes to offer repeat funding.
    The ideal candidate is someone with exceptional finance skills, and a deep passion for the truth. If you are the type of person that stays up late doing analysis before a big meeting so that you are the most prepared person in the room, this could be a great fit!
    Responsibilities:

    Run the Alternative Lender verification process where analysis and tasks ranging from in-depth operational analysis, assessment of Alternative Lenders credit underwriting standards, financial and solvency modeling to managing the receipt of all documentation throughout the process and more.
    Assist in completion of all investor-facing marketing and legal documentation.
    Manage the subsequent, abridged, verification process for repeat transactions with existing Alternative Lenders
    Responsible for certain aspects of monitoring of Alternative Lenders portfolio during the funding period.
    Work as part of the Lendable Labs team providing data analytics and credit services to their Alternative Lenders
    This role will go by the title “Credit Officer” internally.

    Does this sound like you?

    3+ years as a Financial Analyst or Associate at an East African financial services institution, particularly with experience in credit analysis for lending.
    Advanced financial modeling skills.
    Ability to run multiple verification processes in tandem.
    Experience interacting with clients and managing information transfer.
    Experience in producing simple and understandable analytical products.
    Experience in working with a wide cross section of team members on collaborative efforts.

    Nice to have

    Accredited accountant
    Experience doing due diligence on microfinance or banking institutions

    Personal Traits

    Proactive in identifying key issues during the verification process in addition to proposing solutions to the deal lead
    Relentlessly open communicator 

    Unquestioned honesty and integrity 

    A constant drive to learn 

    Enjoys tackling tough, large problems 

    The ability to laugh under stress