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Associate Director, Impact Investments

Website Social Finance

Consultant

Associate Director, Impact Investments (Talent Finance) 

Boston, MA; San Francisco, CA; or Austin, TX 

Role and Responsibilities 

Through outcomes-based financing facilities, Social Finance seeks to catalyze greater economic mobility for our priority populations through reskilling and upskilling towards quality jobs. In the spirit of that mission, this Associate Director, Impact Investments will join a talented and dedicated team that deploys innovative financing to scale workforce solutions. 

The Associate Director will work with transaction partners (typically training providers and employers), as well as funders, service providers, and other external partners as needed to identify, execute, and manage investments for impact. The Associate Director will be staffed on a Vice President-led team that manages a portfolio of investment strategies. Within their dedicated team, the Associate Director will take on significant deal management responsibilities across multiple deals and initiatives, and will also actively support business development efforts in the U.S. marketplace. The Associate Director will also serve as an integral member of the broader Social Finance Impact Investments team, with opportunities to engage other teams on investment opportunities in their respective pipelines and cross-cutting Impact Investing initiatives. 

Key activities may include: 

Fund and Deal Development and Management  

At the fund level, responsibilities may include: 

  • Support business development efforts for Social Finance and its offerings with potential partners (e.g., develop fund pitch or value proposition presentations or discussion materials, participate actively in meetings with potential investors or philanthropic partners) 
  • For new funds, identify context-appropriate fund structure and investment structure (with support from a Director and / or Vice President) 
  • Conduct fund-level analysis to determine pro forma performance and guide investment strategy; lead the development of analytic processes and tools
  • Partner and collaborate effectively with Social Finance colleagues to identify, develop, and implement any strategy or process-related improvements towards improved efficiency and impact
  • Actively support and lead learning and knowledge sharing opportunities within and across investment funds 

At the individual investment level, responsibilities may include: 

  • Conduct due diligence for potential investments to assess the ability of a potential training provider to achieve target financial and impact metrics and to identify potential risks 
  • Structure and negotiate investment terms with the training provider based on learnings from due diligence (with support from a Director and / or Vice President) 
  • Effectively communicate investment opportunities to an executive-level Investment Committee, outlining investment strengths, risks, and mitigants – both verbally through presentation and in writing through investment memos 
  • Execute and manage deal and investment operations collaborating closely with our legal and finance teams 
  • Strategically manage investment and portfolio performance towards impact success 
  • Actively and strategically monitor, communicate, and mitigate fund and investment risks, working directly with partners, external stakeholders, and Social Finance teammates 

 

Deal and Relationship Management  

  • Develop and manage workplans that effectively execute the lifecycles of various investment programs 
  • Execute against meeting timelines and workstreams in a thoughtful and timely manner 
  • Independently and collaboratively conduct desk research, perform financial analysis and modeling, and engage in informational interviews to inform deal design 
  • Bring structured and creative approaches to problem solving, using frameworks to develop and test hypotheses, and drive towards recommendations 
  • Lead calls and in-person meetings with internal and external stakeholders with strategic objectives in place in advance 
  • Own relationships with external partners and lead day-to-day communications 
  • Effectively and actively manage and escalate issues and risks, both internally and externally, leveraging methods + tools rooted in industry best practices 
  • Provide regular feedback and coaching to junior team members, including supporting skill development 

Qualifications 

We are looking for candidates with a high level of professional excellence, initiative, both strategic and detail orientation, and passion for our mission. Candidate requirements: 

  • 7+ years of full-time professional experience; at least 3 years of experience structuring investments and financial transactions, ideally with a focus on providing financing to small businesses or nonprofit organizations through community / commercial / investment banking, private credit, venture capital, or private equity (demonstrated formal investment training is a plus) 
  • Exceptional, strong verbal and written communications skills with the ability to deliver quantitative and qualitative data in a compelling way and for executive-level audiences 
  • Demonstrated strong project management training and experience grounded in industry best practices, including strong proficiency with best practice issue management and resolution methods, risk monitoring and mitigation, with demonstrated ability to lead multiple workstreams of equally high priority, and manage junior staff members towards timely project and deal execution, including timely issue resolution and risk mitigation 
  • Demonstrated experience with sound and pragmatic financial modeling and communicating the modeling implications at a strategic, executive level (with interest and comfort in coaching junior staff to learn these skills) 
  • Strong analytic and quantitative skills; Ability to quickly research, synthesize, and summarize key takeaways on unfamiliar topics at an executive level 
  • Ability to communicate, work closely with, and build relationships with many types of partners across multiple sectors 
  • Commitment to high-quality work and accuracy, including in a fast-paced environment with strong proficiency in managing multiple, competing priorities simultaneously 
  • Capacity to work independently while contributing to team efforts as appropriate 
  • Willingness to constructively express your point of view and hear the point of view of others, both internally and externally 
  • Commitment to actively supporting and enhancing a team and company-wide culture of inclusion, belonging, and equity 
  • Demonstrated interest in workforce, postsecondary education, and economic mobility issues through direct professional experience, or through volunteering, board role, etc. 
  • Interest in impact investing with a focus on workforce development and economic mobility 
  • Ability to adapt and be flexible 

Benefits 

At Social Finance, we strive to deliver a benefits program that will enhance our overall value proposition to employees. Our current benefit offerings include: 

  • Comprehensive health care coverage: medical, dental and vision insurance; flexible spending accounts; Employee Healthy Actions programs and more
  • Retirement savings plan with employer contribution
  • Short-term, long-term and life insurance policies
  • Commuter benefits and cell phone reimbursements
  • Hybrid work model (in office minimum of two days per week and on an ad-hoc basis as needed
  • Dedicated budgets for team building and employee recognition
  • Annual budget for external professional development opportunities
  • Mentorship and onboarding programs
  • Collaborative and energizing workspaces in downtown Boston, San Francisco and Austin
  • Paid vacation and paid holidays (with 12/24-1/1 off every year)
  • Paid parental leave
  • A truly stellar team of high performing, values-driven and fun (!) professionals 

Salary 

Social Finance uses a lockstep compensation model for purposes of equity and transparency – we strive for everyone coming in at a given level to be paid equitably. For this position, at the Associate Director level, the starting base salary is $116,000; however, during the interview process, we will take into account a candidate’s full work experience and may adjust the job title, and commensurate starting salary, as appropriate. As an employee of the San Francisco office, you will receive an additional $1,000 for every month you are residing in the state of California within a commutable distance of our office in San Francisco. At this level, employees typically receive a $2,500 adjustment annually and a discretionary bonus of 5-10%. 

Application 

Review of applications will begin immediately. No phone calls, please.  

Applicants must be permanently authorized to work in the United States on a full-time basis.  

Please note that, at this time, to be in-person at a Social Finance office, client location or Social Finance-sponsored event, you must be fully vaccinated against COVID-19, including receiving a booster shot. 

Social Finance, Inc. is an equal opportunity employer, and all qualified applicants will be afforded equal employment opportunities without discrimination because of actual or perceived race, color, national origin, sex, age, religion, creed, disability, marital status, citizenship, ancestry, personal appearance, sexual orientation, gender identity or expression, political affiliation, military status, status as a protected veteran, genetic information or any other legally protected status. 

 

When submitting your resume below, please submit as a PDF. Thank you!