Website Developing World Markets
About DWM:
Founded in 1994, Developing World Markets (DWM) is an impact investor with over 30 years of experience investing in emerging and frontier markets. We seek solutions that provide market-rate returns for institutional clients and demonstrable social and environmental impact for our investee companies and beneficiaries. DWM has originated and managed over $3 billion of private debt and private equity in impact-oriented enterprises, including over 600 loans and 25 private equity stakes in more than 60 emerging and frontier countries. DWM invests primarily in inclusive finance institutions, which serve as key intermediaries driving institutional capital towards sectors that meet critical developmental needs like agriculture, housing, education and livelihoods. For more information, please visit our website: http://www.dwmarkets.com.
The Role:
DWM seeks a motivated graduate student professional to join our team in the summer of 2025 (flexible start date in May/June). The Impact Summer Associate will carry out critical projects related to the firm’s impact management system and help accelerate portfolio company impact. The role offers an opportunity to gain hands-on experience within an established impact investing firm, working in private markets to drive positive social and environmental impact and significant business value for DWM and its stakeholders. This is a full-time paid position based in the US (location flexible).
Projects will focus on maximizing the effectiveness of DWM’s impact management systems, such as:
- Analyze portfolio impact data and present trends and findings on the impact of DWM’s portfolio companies
- Create impact criteria and frameworks for sub-sectors such as fintech lending
- Update internal benchmark of DWM Impact Scores
- Conduct impact analysis on new portfolio companies, including for a gender and climate-focused pipeline
- Monitor portfolio company impact against expectations and implementation of action steps over time
- Support implementation of a new technical assistance facility to bolster portfolio companies’ capacity
The Impact Summer Associate will report to the Managing Director of Impact (based in New York) and have significant engagement with senior leadership, including Partners and Directors on the investment and risk teams.
Qualifications:
Required characteristics:
- Graduate student in an MBA, MPA, MPP, or other relevant program
- Prior experience or demonstrated interest in impact investing, international development, or related fields
- U.S. Work Authorization required
Desired characteristics:
- Knowledge of best practices in impact management or monitoring and evaluation
- Strong written and oral communication skills in English
- Resourcefulness and self-direction, ability to leverage multiple sources of information to draw conclusions and make thoughtful recommendations
- Competency in managing and analyzing large data sets, especially in MS Excel
- Proactive approach to problem-solving
- Project management skills and proactive approach to communication and time management
DWM is committed to creating a diverse and inclusive environment and achieving gender balance in its staff. DWM recruits, employs, trains, compensates and promotes regardless of race, religion, color, sex, gender identity, sexual orientation, age, physical or mental disability, national origin or veteran status.
How to Apply:
Please submit your resume and a cover letter in one combined file with the file name “Last Name, First Name DWM Summer Associate” (for example, Jane Smith’s application should be named “Smith, Jane DWM Summer Associate”). In your cover letter, please outline your motivation and fit for the position, relevant experience, and work availability. Send your single, combined file to Hannah Schiff, Managing Director of Impact at careers@dwmarkets.com by February 17, 2025. Please use the subject line “2025 Impact Summer Associate – Name” (e.g., “2025 Impact Summer Associate – Jane Smith”).
