Director of Mission-Aligned Investments

Arnold Ventures ( AV ) is aphilanthropy that supports research to understand the root causes of Americas most persistent and pressing problems, as well as evidence-based solutions to address them. By focusing on systemic change, AV is working to improve the lives of American families, strengthen their communities, and promote their economic opportunity. Since Laura and John Arnold launched their foundation in 2008 , the philanthropy has expanded, and AV s focus areas include education, criminal justice, health, infrastructure, and public finance, advocating for bipartisan policy reforms that will lead to lasting, scalable change. The Arnolds became signatories of the Giving Pledge in 2010 . Position Overview AV is building out amission-aligned investing team that will invest across the organizations focus areas. The team will have abroad mandate to further the philanthropic goals of the organization, with discretion to invest across the capital structure (debt through equity), as alimited partner in funds, and via credit enhancements and guarantees. The team will develop and invest in opportunities where market-rate and concessionary capital can catalyze private and public sector investment. Investments will be made from a $ 5 billion endowment. This is ahighly entrepreneurial opportunity to be on the ground floor of shaping an investment platform with substantial flexibility and resources to maximize impact for millions of Americans. The role may be structured as ageneralist who invests across AV s focus areas or aspecialist who focuses on ahigh-priority investment area. This position is based in AV s New York City office and reports to the Executive Vice President, Mission-Aligned Investments. Core Responsibilities Lead deal teams that include programmatic, investment, and legal colleagues to execute new investments, including thesis formation, sourcing, initial evaluation, investment shaping with company executives and co-investors, structuring, due diligence, and financial modeling, and negotiation of legal documentation Partner closely with programmatic colleagues to understand the evidence base, policy landscape, and philanthropic goals in critical investment areas Source potential investments through active outreach and relationship-building with CEOs, senior executives, and investors Present investments to AV s Board of Directors Required Qualifications 10 years of investment experience with leading venture capital or private equity/credit firms, investment banks, or developers Excellent financial transaction experience and financial analysis, modeling, and due diligence skills Exceptional strategy development, deal sourcing, deal execution, and portfolio engagement skills Excellent oral and written communication skills, with the ability to communicate investment and financial concepts to diverse, nontechnical audiences The salary range for this position will be $ 225 , 000 -$ 325 , 000 . Benefits Overview AV is committed to providing arobust and comprehensive benefits package to eligible employees. Our current benefits package includes 100 % paid employee premiums for medical, dental, vision, basic life, and short- and long-term disability insurance; 20 days of paid time off, 16 paid holidays (including awinter break from December 24 to January 1 ), ahybrid policy that includes four days in office and one flexible day for remote work, and asummer schedule with alternating Fridays off beginning on Memorial Day and ending on Labor Day; paid parental leave; a 401 k retirement savings plan with an employer match, profit-share contribution, and immediate vesting; pre-tax transit benefits; aprofessional development stipend; acharitable giving stipend; and an employee assistance program. In addition, arelocation bonus is available for candidates who will move to one of AV s three office locations for aposition. Our Culture and Core Values Our culture seeks to inspire and empower our people to innovate and develop bold ideas that will help AV achieve lasting impact. Our culture, and the core values that support it, should create an environment that spurs our team to think outside the box, feel comfortable pushing the boundaries of what is possible, and signal confidence in our teams ability to make change happen through our philanthropic efforts. Although not an exhaustive list, below youll find examples of AV s work culture. We are adaptable and comfortable with ambiguity We are intellectually curious, open-minded, objective, humble, collegial, and receptive to feedback We are action-oriented with strong self-direction and self-motivation skills with the ability to work simultaneously on multiple projects We are able to interact confidently and collaboratively with team members and navigate relationships with external experts, government leaders, advocates, and individuals AV s values reflect who we are as an organization, help us accelerate our strategic goals, strengthen our resolve, anchor us to our mission, and guide our decision-making. The successful candidate will also demonstrate the following core values that inspire the AV team to make adifference. Respect for Ourselves & Others Depth of Thought Clear Communication AV is an equal opportunity employer, committed to an inclusive workplace. We are seeking applicants from avariety of backgrounds and with avariety of experiences and perspectives. Candidates who have been impacted by the systems we are seeking to change are strongly encouraged to apply. All qualified applicants will be considered for employment without regard to race, color, religion, national origin, age, sex, gender identity or expression, marital status, sexual orientation, disability, military/veteran status, or any other characteristic protected by applicable law. #J-18808-Ljbffr