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.
Job description
Job description
To support our growth, we are looking for a motivated and experienced Portfolio Manager to join the Portfolio Management team of our AIFM. The Portfolio Manager will be working directly with impact investment advisors and portfolio managers, who invest globally in various impact sectors such as agriculture, biodiversity, climate, inclusive finance, etc.
Key responsibilities include:
Portfolio Management Activities
- Monitoring portfolio management delegates, ensuring alignment with investment strategies, policies and regulatory limits
- Review and analyse investment and divestment proposals in coordination with investment advisors appointed by the AIFM
- Monitor fund performance, capital deployment, pipeline status, and liquidity needs
- Contribute to investment decision-making process as a voting member of the AIFM Investment Committee
Advisor & Delegate Oversight
- Collaborate closely with appointed investment advisors, ensuring proper execution of the investment strategy, and regular performance review.
- Where portfolio management is delegated, oversee and monitor delegate compliance with mandates and regulatory standards.
- Conduct ongoing due diligence on advisors and delegates, including site visits and periodic performance assessments.
Governance & Regulatory Compliance
- Support and prepare reporting to both AIFM and AIF management bodies relating to the portfolio management function
- Contribute to regulatory filings and CSSF queries as needed
- Monitor investment restrictions and risk limits in collaboration with Risk and Compliance teams
Client Engagement & Onboarding
- Act as a key point of contact for asset managers, advisors, and fund initiators on portfolio-related matters.
- Participate in the onboarding of new funds and clients, including investment strategy assessment and internal approval processes.
- Support the creation and review of investment guidelines, operating models, and advisory agreements.
- Participation and support to fund raising discussion with potential LPs in relation to the investment strategies of the funds under management
Team Leadership & Development
- Supervise and mentor junior professionals within the Portfolio Management team
- Support the Conducting Officer of Portfolio Management in the overall development of the Portfolio Management framework of the AIFM including internal projects, review of policies and procedures
- Contribute to other team projects when required, identify ways to increase efficiencies in the portfolio operations process while maintaining high quality.
Profile
Qualifications & Experience
- Master’s degree in Finance, Business Administration or related field; CFA or CAIA is a plus
- Minimum 7-10 years of experience in portfolio management or investment oversight, ideally within an AIFM, asset manager, or investment firm
- Solid understanding of AIFMD, CSSF Circular 18/698, and Luxembourg regulatory framework
- Experience working with or as an investment advisor, or managing advisor relationships
- Strong familiarity with impact investment strategies, including PE, RE, private debt, and infrastructure
- Good analytical skills with attention to details, critical thinking, proactive and structured approach to solving problems. Ability to conceive, embrace, manage and implement positive change
- Effective communicator and relationship builder, able to interface confidently with clients and advisor
- Proficiency in Excel, analytical tools and simple programming languages
- Strong ability to work with tight deadlines, to respond swiftly and effectively to unforeseen situations in a client-focused environment, flexibility to adapt within a dynamic working environment.
- Working knowledge of Impact Investing and the SFDR regulation and its practical implementation to portfolio management operations would be a plus
We offer you:
- A highly motivating and dynamic work environment within a growing, highly respected sector where you can expand both your professional and personal skills.
- The chance to work at the forefront of impact finance, combining financial services, sustainable development and ethical values.
- The opportunity to interact professionally and frequently with major Luxembourg and international service providers such as investment advisors and fund promoters
- Training and Career Advancement: Benefit from ongoing training in impact finance, risk management, and portfolio management to enhance your skills, with a clear path for advancement to senior roles within the portfolio management team based on your performance and growth.
If you believe your experience and motivations match this job offer, we would appreciate receiving your application, together with a cover letter and your latest CV.
Please refer to our website (www.innpact.com) to learn more about our team, services, clients and values.
