Innovation Coordinator
3 weeks ago
Organization Overview:
Commonwealth strengthens the financial opportunity and security of financially vulnerable people by discovering ideas, piloting solutions, and driving innovations to scale. For nearly two decades, Commonwealth has designed effective innovations, products, and policies enabling over a million people to accumulate more than $3 billion in savings.
Commonwealth understands broad changes require market players to act. That's why we collaborate with consumers, the financial services industry, employers, policymakers, and mission-driven organizations. The solutions we build are grounded in real life, based on our deep understanding of people who are financially vulnerable and how businesses can best serve them. To learn more about the organization, please visit
Diversity of background and perspective are strengths that we value. We are committed to creating a diverse, committed, skilled and collaborative environment, and we are proud to be an equal opportunity employer. Commonwealth recruits, employs, trains, compensates, and promotes regardless of race, religion, color, national origin, sex, disability, age, veteran status, and other protected statuses.
Position Overview:
Commonwealth is seeking an Innovation Coordinator to join our team for a full-time, temporary employment role. As an Innovation Coordinator, you'll play a key role in helping Commonwealth build and scale innovative financial solutions for Americans working on low- to-moderate incomes. You will support multiple initiatives and be part of an organization and team passionate about making a positive, scalable impact on the financial lives of people.
This is a temporary employment position for a 6-month period. The annual salary is $53,000. A permanent position or contract extension is possible based on grant funding.
Responsibilities:
- Help coordinate projects through task management, organization and disciplined follow up.
- Conduct desk research and landscape assessments to support employer partnership recruitment.
- Support original qualitative and quantitative research including data analysis, individual, in-depth interviews with people living on low-to-moderate incomes, focus groups, surveys, and interviews with subject matter experts.
- Design and prototype solutions to financial challenges.
- Support and participate in stakeholder meetings; support the development of high-quality slide deck presentations and translation of research findings for diverse audiences.
- Creatively problem-solve and collaborate with a small, results-oriented team to effectively keep projects on track toward both short-term milestones and long-term strategic objectives.
- Contribute to written communication that describes the work and promotes dissemination of innovations.
- Contribute to a positive organizational culture through consistent high energy, appetite for learning, eagerness to support colleagues and engaged participation on project teams.
Skills/Competencies:
- Exceptional organizational skills, with the ability to track and support multiple, complex projects with both nimbleness and close attention to detail.
- Self-starter with an ability to work both independently and collaboratively as part of a team.
- Strong results-oriented mindset with the ability to independently achieve goals and manage competing timelines.
- A learning mindset and enthusiasm to understand the challenges faced by households living on lower and moderate incomes.
- Aptitude for analytic reasoning and drawing insights from quantitative datasets.
- Ability to develop solutions to problems creatively as they arise and the judgment to know when to call on colleagues or a supervisor for help.
- Ability to build relationships and work with a diverse range of partners.
- Excellent interpersonal communication skills; proven ability to craft persuasive verbal and written communications for different audiences.
- Flexible and willing to address project needs as they arise.
- Models a strong sense of self-accountability and shared responsibility.
- Passionate about the mission of Commonwealth and driving social change through promoting financial security and opportunity for the financially vulnerable.
- Familiarity with financial technology innovations, financial inequalities, and the unmet needs of low-and-moderate income households is strongly preferred.
Commonwealth offers a competitive salary and benefits, commensurate with experience and skills.
Our staff are the key to our success. Commonwealth offers a generous compensation and benefits package that includes:
- Medical insurance
- Dental & Vision insurance
- Short- and long-term disability insurance
- Life insurance
- Health Savings Account with employer contributions
- Retirement matching contributions
- Generous paid vacation leave, sick leave, and 16 paid holidays
- Summer Friday schedule between June & Labor Day
Commonwealth provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or genetics. In addition to federal law requirements, Commonwealth complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.
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