Oct 21, 2020

Deputy Managing Director, Debt Conversions

  • Professional Diversity Network
  • Bethesda, MD, USA

Job Description

The Nature Conservancy


Arlington, VA (DC Metro area) is preferred. Candidates in New York City or another location with a major TNC office may be considered. #LI-POST #GD


Founded in 1951, the Nature Conservancy is a global conservation organization dedicated to conserving the lands and waters on which all life depends. Guided by science, we create innovative, on-the-ground solutions to our world's toughest challenges so that nature and people can thrive together. We are tackling climate change, conserving lands, waters and oceans at unprecedented scale, providing food and water sustainably and helping make cities more sustainable. One of our core values is our commitment to diversity. Therefore, we strive for a globally diverse and culturally competent workforce. Working in 79 countries, including all 50 United States, we use a collaborative approach that engages local communities, governments, the private sector, and other partners. To learn more, visit www.nature.org or follow @nature_press on Twitter.The Nature Conservancy offers competitive compensation, 401k or savings-plan matching for eligible employees, excellent benefits, flexible work policies and a collaborative work environment. We also provide professional development opportunities and promote from within. As a result, you will find a culture that supports and inspires conservation achievement and personal development, both within the workplace and beyond.NatureVest is the impact investment unit of The Nature Conservancy. NatureVest's mission is to create and transact investable deals that deliver conservation results and financial returns for investors. Our vision is based on the conviction that capital markets, businesses and governments must invest in nature as the long-term capital stock of a sustainable, equitable and more efficient economy.


The Deputy Managing Director, Debt Conversions oversees the execution of a portfolio of debt conversion transactions within The Nature Conservancy's Blue Bonds strategy, with accountability for originating and closing 20 debt conversions for marine protection by 2024. They will manage numerous transactions that are part of marine conservation projects across relevant geographies in coordination with Global Strategy and Regional Leadership colleagues, and oversee a team of at least four, including two other deal leads, a senior project coordinator and a conservation trust fund specialist.


The Deputy Managing Director, Debt Conversions will be responsible for leading a team that collaborates with Global and Regional colleagues to identify and close 20 new debt conversions for marine conservation by 2024, in service of donor commitments and TNC's Ocean Protection goals to secure 4M km2 of ocean and generate $1.6B in sustainable marine conservation financing. This includes transaction sourcing and development; relationship development with key external partners on the Blue Bonds program including governments, financial institutions, insurance providers, commercial lenders and donors; financial analysis and modeling; capital structuring; credit enhancement mechanisms, and risk assessment and mitigation. The Deputy Managing Director, Debt Conversions will lead the implementation of originating and advancing transactions, managing a portfolio of opportunities, and ensuring the achievement of key interim and final results. They will work closely with teams across TNC, including the Global Ocean Protection and Externals Affairs teams, and both regional and in-country teams to source and diligence transaction opportunities that ensure delivery of conservation outcomes, and present transactions to the TNC Board for approval in concert with Strategy and Regional leadership. The Deputy Managing Director, Debt Conversions will sit on the Blue Bonds Steering Committee and report to the Managing Director of NatureVest.


Designs, implements and directs complex and diverse projects, setting deadlines and ensuring program accountability. Collaborates with a diverse, matrixed team comprised of organizational leaders and subject matter experts representing marine science and planning, conservation and government affairs, and field staff, among others. Makes strategic decisions based on analysis, experience and judgment. Incorporates cross-disciplinary knowledge to support program objectives. Leads team and manages the work of other professionals, inside and outside of the organization. Oversees a team of deal leads and other staff supporting the debt transactions. Holds fiscal accountability for a multi-million dollar budget. Works with fundraisers and donors to source new support and manage ongoing donor relationships. Significant latitude to deal directly with field management personnel and organizational leadership. Makes independent strategic decisions, frequently involving ambiguous information, based on analysis, experience and judgment. Leads high-level negotiations with country ministries, global financial institutions and development financial institutions. Will require frequent domestic and international travel and evening and weekend hours; minimum of 40% travel expected.


BA/BS degree and 15 years' experience in a private sector environment, such as investment banking, or with a leading conservation organization or multilateral finance or government entity, or equivalent combination of education and experience. Debt and structured finance experience including transaction structuring with blended capital. Experience in securing capital from investors such as investment banks, private wealth managers, public pension plans, endowment funds, private trusts and high-net worth individuals. Experience designing, implementing, and directing complex or multiple projects of strategic importance, including managing a budget, supervising multidisciplinary professionals and coordinating the work of partners while meeting deadlines. Experience developing business plans or major strategy assessments particularly with conservation forms of valuation, deal structuring, negotiations support, financial modeling and analysis. Experience in a supervisory role managing at least two people. Demonstrated experience collaborating with a diverse range of subject matter experts. DESIRED QUALIFICATIONSM.B.A. or other advanced degree with significant course work in finance or economics highly preferred. Strong team player who can build relationships and work collaboratively across the organization in an unstructured environment and with Conservancy partners. Outstanding analytical and project management capabilities. Superior written and oral communications. Multi-cultural experience and skills in a language in addition to English a strong plus (e.g., Spanish, French, Portuguese) The Nature Conservancy is committed to diversity and encourages candidates with diverse and nontraditional backgrounds to apply.


To apply to position number 49052, submit resume (required) and cover letter separately using the upload buttons. Applications will be reviewed in the order they're received and the position will remain open until filled.Click "submit" to apply for the position or "save for later" to create a draft application for future submission. Once submitted, applications cannot be revised or edited. Failure to complete required fields may result in your application being disqualified from consideration.If you experience technical issues, please refer to our applicant user guide or contact applyhelp@tnc.org.The Nature Conservancy is an Equal Opportunity EmployerOur commitment to diversity includes the recognition that our conservation mission is best advanced by the leadership and contributions of people of diverse backgrounds, beliefs and culture. Recruiting and mentoring staff to create an inclusive organization that reflects our global character is a priority and we encourage applicants from all cultures, races, colors, religions, sexes, national or regional origins, ages, disability status, sexual orientation, gender identity, military, protected veteran status or other status protected by law.The successful applicant must meet the requirements of The Nature Conservancy's background screening process.




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