Summary: This new senior-level position will develop intellectual capital, disseminate information, and engage academics and practitioners in developing the private sector finance in low- and middle-income countries (LMICs). This full-time role is based in our Ann Arbor, Michigan office, and it will require multiple trips internationally each year.
About the Employer: Established at the University of Michigan (“U-M”) in 1992, the William Davidson Institute (“WDI”) is an independent, non-profit research and educational organization. Serving both profit-seeking and non-profit firms, WDI is guided by our founding principle that thriving businesses drive economic development and improve social welfare in LMICs. Our consulting work focuses on developing, adapting and applying sound business principles in four interrelated sectors necessary for a thriving economy: professional education, energy, healthcare and finance, in addition to offering performance measurement and improvement services that span these sectors. Our training programs harness the latest innovations in education, providing world-class management training opportunities for the global leaders of today and tomorrow. With a unique blend of field-based experience and academic rigor, WDI works to build stronger economies and healthier societies.
The WDI’s Finance Sector identifies and implements ways for financial institutions to profitably lower the cost of capital available to small and medium enterprises (SMEs) in emerging economies. We conduct independent research and work with faculty and students at the U-M’s Stephen M. Ross School of Business on projects designed to develop innovative mechanisms to lower the cost of capital. Presently the team is focused on reducing the cost of capital to SMEs, but other areas could be added if the candidate was interested in and able to develop other opportunities in finance. To learn more about WDI’s Finance Sector, visit https://wdi.umich.edu/initiatives/financial-sector-development/
The Successful Candidate May Be Involved in Performing the Following Tasks:
- Develop and drive projects incorporating U-M faculty, WDI staff, and companies in LMICs, and where appropriate, U-M students with the goal of lowering the cost of capital to businesses operating in LMICs.
- Partner with the WDI Grants Management team to develop project funding from outside sources (companies, development community, etc.) by drafting concept notes and proposals.
- Serve as the principal on multiple projects that support the mission and strategy of WDI’s Finance sector.
- Develop relationships with U-M faculty and incorporate them in proposals and projects as appropriate.
- Work as an individual or as part of a small team to carry out the work required to meet the objectives of clients (e.g., create or co-create project work plans, coordinate with internal and external stakeholders, conduct desk and field research, draft data collection tools –both quantitative and qualitative, carry out in-country data collection, draft interim and final reports, present final results to third parties, etc.).
- Deliver high quality work to clients on-time and on-budget
- Develop and maintain strong business relationships with potential clients operating in LMICs
- MBA or grad degree in Finance (e.g., PhD) or other graduate degree in a closely related field
- 10+ years of relevant professional experience in financial markets
- Demonstrated ability to effectively communicate advanced analytical and conceptual ideas and findings to different audiences, both technical and non-technical, verbally and in written English
- Expert level of proficiency with quantitative analysis, and MS Office (i.e., Word, PowerPoint and Excel)
- Ability to prioritize multiple projects based on client deadlines
- Ability to identify and develop new business opportunities for WDI’s Finance Sector
- Demonstrated ability to work collaboratively as part of team
- Demonstrated ability to work in high pressure situations involving rapidly changing environment
- Possess an unexpired passport for travel to international destinations, and ability to travel via airplane and other modes of transportation domestically and to LMICs multiple trips annually alone; able to conduct business travel approximately 10-25% per year.
- Must currently be authorized for WDI employment in the United States
- Significant experience working in the field in one or more LMIC
- Experience starting a new line of business
- Experience managing direct reports
- Experience working with global development organizations (e.g., World Bank, USAID, IFC) and/or similarly-focused NGOs
- Proficiency in language(s) common to LMICs is desired; French or Spanish is preferred
Compensation & Benefits:
This position is eligible for WDI Employee benefits (a generous package including access to medical, dental, vision, life insurance; retirement with 10% contribution from employer, and paid time off). Details and compensation will be shared with those offered an in-person interview.
How to Apply:
Click on “Apply Now” button to complete an online application form. Upload your resume or C.V. (under 4MB) and your brief cover letter which will auto-fill fields. WDI will accept applications as long as this job posting remains on this webpage. Applications may be reviewed upon receipt.