About the Organization
Impact investing is one of the most important social innovations of our time, and interest in it is exploding. The Global Impact Investing Network (GIIN), founded in 2009 and backed by leading funders such as Ford Foundation, Omidyar Network, Prudential, The Rockefeller Foundation, and Visa Foundation, has a global network of 50,000 on six continents and a formal membership of over 400 impact investing organizations in 50+ countries. The GIIN works to mobilize a global community of leading financial institutions and others to dramatically increase the amount of capital being deployed to effective solutions to social and environmental challenges around the world. To learn more about the work we do and impact investing, please visit https://thegiin.org.
About the Position
The Director of the Impact Principles is responsible for the overall strategy, direction, and management of the Impact Principles Secretariat. This includes leading and developing relationships with Signatories, managing administration and implementation of the Principles, working in concert with GIIN programs to deepen the rigor and credibility of impact investing practice in the financial industry, and supervising and inspiring an Associate.
Launched in April, 2019, the nine Impact Principles provide a framework for investors to ensure they incorporate impact through the investment lifecycle. More than 170 Signatories representing over USD 500 billion in impact assets have signed on to the Impact Principles. Launched at the IFC, the Impact Principles’ Secretariat transferred to the GIIN in November 2022. As the Host, GIIN now seeks a Director to lead the Impact Principles in its next chapter.
The Director is responsible for strategy and execution of the Impact Principles. The ideal Director is a strong relationship manager and highly attuned to the specific needs of investors as they seek to integrate impact practices into their investment lifecycle. The Director should have high attention to detail, particularly the ability to supervise exemplary process management. Additionally, the Director should have an orientation or experience towards managing the Impact Principles towards financial sustainability and building a corresponding business model and value proposition.
Specific duties and responsibilities include:
Signatory Engagement:
- Outreach, promotion, and marketing of the Impact Principles to increase the Signatory base among key target audiences, including responding to inquiries, managing the website and social media, and representing the Impact Principles among external audiences
- Build and maintain relationships with existing Signatories to deepen their engagement and their capacity to act as ambassadors for the Impact Principles
- Convene and manage the Impact Principles’ Advisory Board, strengthening members’ engagement and ownership over the Impact Principles and their direction
- Organize Signatory programming including workshops and virtual convenings
- Leadership and Strategy:
- In partnership with the Advisory Board and GIIN leadership, guide the development of a multi-year strategy and Roadmap for the Impact Principles
- Build the business model of the Impact Principles to financial sustainability within 1-2 years
- Collaborate with other GIIN initiatives to manage relationships in a way that serves the GIIN’s mission of deepening the uptake, rigor, and credibility of incorporating impact in investment
- Supervise and inspire an Associate, with an emphasis on fostering professional development
CANDIDATE PROFILE:
Management and Administration:
- Enforce the Governing Provisions of the Impact Principles to maintain their credibility and integrity as an impact management standard
- Oversee the administration of Signatory management, ensuring compliance with all required disclosures and documentation
- Oversee the invoicing process and record-keeping associated with managing the Impact Principles
Qualifications:
The ideal Director will be a highly skilled relationship manager with a strong knowledge of investment practice and the ways in which investors make decisions.
Qualifications include:
- Deep understanding of institutional investor and private sector financial institutions
- Demonstrated ability to create and execute against a sales pipeline and manage a revenue and expense line towards financial sustainability
- Strong relationship management, sales and presentation skills
- Orientation towards maintaining the rigor and credibility of the Impact Principles and impact management practice, including enforcing compliance with Signatory requirements and/or the Governing Provisions
- Experience in the impact investing field, related trends and major industry efforts strongly preferred
- Experience supervising highly skilled and ambitious staff
- Exemplary communication skills, including written communications and developing and presenting oral communications
- High attention to detail and ability to supervise impeccable process management
- Collaborative orientation; willingness to partner with other GIIN teams to deliver against the GIIN’s mission
- Ten years’ related work experience
- Bachelor’s Degree; Masters in Finance or related field preferred
- Commitment to equity and justice. Successful candidates will be aware that race, income, age, immigration status, sexual orientation, gender and gender expression, and other identities can play, and have historically played, a role in equity disparities, including within organizations. Successful candidates will be committed to continuous learning about diversity, equity, and inclusion and how to manifest these principles in the workplace.
Location: This position will be based in our New York City office with significant remote work flexibility offered through the GIIN’s hybrid in-person/remote work model. Candidates must possess valid authorization to work in the United States that does not require employment visa sponsorship.
Compensation:
The GIIN is committed to pay equity. The salary range for this role is between $108,000-$140,000, with exact salary depending on experience, with an excellent benefits package.
We aim to offer competitive salaries and benefits and are committed to equity, trust, and transparency in compensation. Basing compensation on someone’s willingness and ability to negotiate or on their prior salary leads to wide inequities and bias in how people are paid, particularly for groups experiencing historical oppression. Therefore, we do not ask for prior pay history from our candidates and our offer-making process is negotiation-free for salaries and benefits.
We determine the best possible salary offer based on relevant experience and extent to which candidates demonstrate the competencies for the role during the entire hiring process. The GIIN also uses our annual performance evaluation process at the end of each year to determine raises and promotions.
To Apply:
Email cover letter and CV to Human Resources at hr@thegiin.org. State “Director, Impact Principles”_ First Name Last Name” in the subject line of your email. Please indicate where you saw the job posting in your cover letter.
No phone calls please. Only qualified candidates will be contacted. The GIIN is an Equal Opportunity Employer.
Note:
Candidates should be aware that all NYC-based staff must provide proof of vaccination against the COVID-19 virus, unless they have been granted a reasonable accommodation for religion or disability. If you are offered employment, this requirement must be met by your date of hire, unless a reasonable accommodation for exemption is received and approved by GIIN Human Resources.