Impact Investing Manager

Impact Investing Manager

Are you passionate about making a difference with your talents? Would you love to put your financial and investment skills to work for community impact? Our client, the Ann Arbor Area Community Foundation, seeks to enhance the quality of life in Washtenaw County, through a variety of forms of Community Engagement including local investing for social impact.

Position Overview

The Impact Investing Manager plays a critical role in this strategic imperative of the foundation, providing leadership to significantly grow the portion of AAACF's portfolio dedicated to local investments that generate both financial and social returns ("impact investing"). The successful candidate will join the foundation's community investment team, report to the Vice President of Community Investment and work in an integrated fashion with community investment, finance, and philanthropy staff to achieve organizational goals. The Foundation desires to work towards a future whereby all neighborhoods and communities in Washtenaw County have the same opportunity for generational human dignity with equitable access to our collective community wealth. For the purposes of the local impact investing initiative, marginalized or systematically overlooked populations include people of color, low-income neighborhoods, women, differently abled, LGBTQIA+, and immigrants.

This important role involves:

• identifying investment opportunities and potential partners
• working with external partners to leverage investment opportunities
• securing and promoting investments in the AAACF's impact investing portfolio
• sourcing investments that are both financially prudent and socially productive based on extensive locally focused research on Washtenaw County's small business ecosystem and capital flows
• assisting in the ongoing learning, evaluation, and asset management of transactions
• promoting a collaborative capital investment strategy for Washtenaw County
• engaging in deal origination
• overseeing underwriting, risk assessment, deal structuring and closing process
• assisting other staff with marketing and communications, creation of marketing materials, and articles and presentations on AAACF's impact investing activities

This position will require work with multiple stakeholders and the right blend of hard (financial, strategic, and analytical) and soft (relational and communication) skills. Thus, an ideal candidate will have a finance or banking background, evidence of deal origination abilities, sustained idea generation, an understanding of the social/impact investing sector, and a passion to use financial capital to make a difference. They will also have a deep understanding of place-based investments with a working knowledge of other place-based social investment strategies. The candidate must have strong written and oral presentation skills and the ability to present to and work with committees, a board, a senior executive team, and other key groups and stakeholders. Externally, this position works with borrowers, investors, consultants, and legal counsel.

Primary responsibilities:

1. Lead efforts to communicate and raise awareness of organizational goals regarding impact investing in Washtenaw County
2. Work with the foundation's executive team including the VP - Community Investment, CFO, and VP-Philanthropy to develop a pipeline of investment opportunities that present a dual financial and social impact benefit
3. Participate in assigned program team meetings, working closely with stakeholders, to maintain an understanding of programmatic strategy and communication needs
4. Provide flexible social investment support across teams, when necessary
5. Oversee the due diligence or underwriting of transactions for risk and impact, present to the Impact Investment Committee and/or board, lead the closing process, and monitor the portfolio of impact investments
6. Work with colleagues to ensure all departments remain well-informed and empowered with information regarding AAACF's current and planned impact investing activities
7. Identify, establish, and steward relationships with key external partners - including those in the market-rate and social capital investor communities, whether in the private or public sectors- to leverage and influence organizational investments with assets from other aligned investors
8. Represent organization at external gatherings, on panels and other public engagements

Qualifications

• Bachelor's degree in finance, economics, real estate, urban planning, business administration, related field, or equivalent work experience. (Advanced degree in a related field is preferred)
• Demonstrated experience with financial modeling
• Strong interpersonal and communication skills necessary to interact as a team member with diverse Foundation colleagues and community stakeholders
• Demonstrated skills and knowledge of how to work with and within community systems to develop social investment opportunities
• Demonstrated ability to build and maintain effective and constructive working relationships and partnerships within and outside of the Foundation
• Demonstrated leadership presence to represent the Core Values of the Foundation in the public sphere
• Demonstrated commitment and passion for serving marginalized/excluded people and communities and a demonstrated interest in driving positive change
• Demonstrated ability to achieve results with little oversight

Frequently cited statistics note that communities of color, women, and other marginalized groups apply to positions only if they completely meet the qualifications. We encourage upending those statistics and invite all interested parties to apply for this position.

Position: Full Time

Salary $80,000 - $100,000 based on relevant experience.

Benefits include:

• flexible hours
• health, dental and vision insurance
• a 403(b) plan with contribution matching
• life insurance
• short and long-term disability insurance
• flexible and childcare savings accounts
• paid time off
• and other benefits

Current Openings for Impact Investing Manager Jobs at Karen Andrews Group