Senior Associate, Fund Structuring - Singapore

IIX Global is seeking a Senior Associate for Fund Structuring in Singapore to support the formation of a new blended climate debt fund targeting Southeast Asia and the Pacific. The role involves financial modeling, fund documentation, and collaboration with senior team members. Candidates will engage in analytical tasks related to fund structuring and impact-linked finance, contributing to the fund's successful launch and operations.
About IIX Global

IIX (Impact Investment Exchange) is a Singapore-headquartered pioneer in impact investing, connecting capital markets with sustainable development. For over a decade, IIX has been building the infrastructure for impact — structuring innovative financial instruments, running donor-funded development programs, and developing digital platforms that serve impact investors, enterprises, and communities across Asia and beyond.

Our work spans impact-linked securities, blended finance, gender-lens investing, and climate finance — always with the goal of mobilizing private capital for social and environmental good. We are a lean, mission-obsessed team. Everyone here wears multiple hats, moves fast, and cares deeply about the work. If that energizes you, you'll thrive at IIX.



Role Purpose




IIX is establishing a new closed-end blended climate debt fund targeting emerging markets across Southeast Asia and the Pacific, and we are looking for a hands-on Senior Associate to sit at the heart of the fund formation workstream. This role exists to provide rigorous analytical, modelling, and documentation support across every stage of the fund's structuring — from building waterfall models and benchmarking blended finance structures to maintaining the data room and supporting LP due diligence. You will work directly alongside the CIO and Senior Fund Structuring Advisor, gaining exceptional exposure to closed-end fund mechanics, DFI engagement, and impact-linked instrument design. Success in this role means the fund's first close is supported by a well-modelled, well-documented, and well-organised structuring process.

Key Responsibilities:

Financial Modelling & Fund Economics

Build and maintain the fund economics model — covering waterfall mechanics, IRR scenarios, LP return projections, and blended finance leverage analysisModel capital call schedules, deployment timelines, and distribution mechanics across senior, mezzanine, and concessional tranchesRun sensitivity analysis across key assumptions including interest rates, deployment pace, default scenarios, and concessional capital pricingModel impact-linked interest rate adjustment mechanics under various sustainability KPI achievement scenariosDevelop and maintain the warrant valuation model for first-close loan structuresFund Documentation & Data Room

Prepare first drafts and working versions of LPA schedules, investment policy statements, and fund fact sheets in coordination with external counselMaintain a structured data room and document tracker across all fund structuring workstreamsCompile and format LP-facing fund structure summaries, term sheet comparisons, and technical FAQ documentsPrepare Investment Committee presentation materials relating to fund structure and blended finance mechanicsDraft summaries of side letter terms and maintain a side letter obligation trackerCredit Guarantee Facility Support

Build financial models of the credit guarantee facility, including first-loss sizing and trigger scenario analysisPrepare comparative analysis of guarantee structures from comparable DFI-backed emerging market fundsTrack and document DFI guarantor requirements and term sheet feedback from anchor concessional investorsSupport documentation of Partial Credit Guarantee (PCG) mechanisms and local bank counterparty agreementsResearch & Benchmarking

Research and benchmark comparable blended finance funds — structure, fee models, DFI participation mechanics, and LP termsMonitor regulatory updates relevant to Singapore VCC structures and MAS licensing requirementsCompile precedent transaction analysis to support fund structuring decisionsResearch sustainability-linked loan market standards, ICMA principles, and gender/climate KPI frameworks relevant to the fundCoordination & Project Management

Maintain a master project tracker for the fund structuring workstream — milestones, owners, and dependenciesCoordinate between external fund counsel, the Senior Advisor, and IIX's internal investment and finance teamsPrepare meeting notes, action logs, and follow-up materials from structuring calls and LP technical meetingsSupport due diligence response preparation for LP queries relating to fund structure and blended finance mechanics


WHAT WE'RE LOOKING FOR

Experience & Skills

4–6 years of experience in investment banking, fund administration, development finance, structured finance, or a closely related fieldStrong financial modelling skills — proficient in Excel; demonstrated ability to build fund-level waterfall and IRR modelsExposure to fund documentation (LPAs, subscription agreements, offering memoranda) in a professional contextExcellent written English and quantitative skills — able to produce clear, professional deliverables independentlyUndergraduate degree in finance, economics, law, or a related discipline; postgraduate qualification or CFA progress is an advantageFamiliarity with Singapore VCC structures, closed-end fund mechanics, or DFI financing instruments is a plusPrior experience in a fund formation, structured finance, or blended finance context is preferredExposure to impact investing, ESG frameworks, gender-lens investing, or sustainable finance instruments is an advantageThe Person

Detail-oriented with high accuracy — you catch errors in models and documents before they leave your deskSelf-directed and proactive — you manage multiple workstreams with limited supervision and flag blockers earlyCollaborative by nature — you work well as part of a lean, senior-led team and bring energy to shared deliverablesMission-aligned — you are genuinely motivated by the opportunity to mobilise capital for gender equity and climate resilienceEager to learn — you will be mentored directly by senior blended finance professionals and expected to grow fastTHE PREM FRAMEWORK

Every IIX team member is a PREM professional. We look for these qualities in everyone we hire:

P

Passionate

Mission-driven & purpose-led

R

Resilient

Thrives under pressure & ambiguity

E

Equitable

Champions fairness & inclusion

M

Maverick

Bold, entrepreneurial thinker

WHY IIX

Work at the heart of a live fund formation process — your models, documents, and analysis will directly shape the fund's architecture and first closeDirect mentorship from senior blended finance and investment professionals across a high-exposure workstreamRare opportunity to gain hands-on closed-end fund structuring experience in the emerging market impact investing spaceHigh-trust, lean team environment — minimal bureaucracy, maximum ownershipA culture that takes PREM values seriously — you will be seen, heard, and valuedHOW TO APPLY

To apply, please send your CV and a cover note (1 page maximum) with the subject line: Senior Associate, Fund Structuring. In your cover note, tell us about a financial model or structured finance analysis you built — what the challenge was, how you approached it, and what it produced.

IIX is an equal opportunity employer. We are committed to building a diverse, inclusive team that reflects the communities we serve.