Associate Director, Impact Investments

Associate Director, Impact Investments
Join to apply for the Associate Director, Impact Investments role at Social Finance .
Note: Applications will be accepted on a rolling basis, with review beginning January 5, 2026.
Social Finance is a national nonprofit and a registered investment advisor (SF Advisors, LLC). We work with the public, private, and social sectors to create partnerships and investments that measurably improve lives. Since our founding in 2011, we have mobilized over $500 million in new investments designed to help people and communities realize improved outcomes in workforce and economic mobility, health, and housing.
We are driven by the belief that social and economic systems should enable all people to thrive, and the conviction that we can create the most meaningful and measurable change in our communities when governments and markets work together. Our organization is built upon five core values: people, performance, integrity, collaboration, and inclusion.
Impact-first Investing, Workforce and Education Investments, Advisory & Public Sector Practice, and the Social Finance Institute. Our Impact-first Investment team designs, launches, and manages investments that provide solutions for effectively deploying impact capital across a range of social outcomes. Our Workforce and Education Investments team designs, launches and manages financial solutions focused on addressing workforce challenges, including skills acquisition and training access. Our Advisory team partners with government and philanthropy leaders to implement data-driven programs for advancing social impact. And through the Social Finance Institute, we aim to build the field and change systems through actionable research, communities of practice, and educational outreach.
We are seeking an Associate Director of Impact Investments to contribute to projects aimed at mobilizing capital toward impact. Our impact investment teams seek to expand access to impact-first investing for individuals, family offices, and foundations, in addition to promoting economic mobility through financing and supporting reskilling and upskilling initiatives that lead to quality jobs. The Associate Director will collaborate with transaction partners, funders, service providers, and other external stakeholders to identify, execute, and manage high-impact investments. This role will work within multiple Vice Presidentled teams, each overseeing a portfolio of investment strategies, and will assume significant deal management responsibilities across multiple transactions.
Additionally, and as part of a cross-staffed initiative between both investment teams, we are also expanding our impact investment activities into new areas, most notably through a recently launched impact investment fund focused on strengthening the local media ecosystem in the United States. The Associate Director will work on a fund that seeks to deploy impact capital to organizations that are enhancing the presence and diversity of local media, supporting trusted information sources, and fostering community resilience. The nature of the work will mirror our existing investment approach, identifying, structuring, and managing investments that generate measurable social impact, but will be tailored to the local media landscape. Support business development efforts for Social Finance and its offerings with potential partners (e.g., Identify context-appropriate fund structure and investment strategy for new funds with support from a Director
Conduct fund-level analysis to determine pro forma performance and guide investment strategy; Partner and collaborate effectively with Social Finance colleagues to identify, develop, and implement strategy or process-related improvements for enhanced efficiency and impact
Actively support and lead learning and knowledge-sharing opportunities within and across investment funds
Fund and Deal Management
Develop and manage workplans to effectively execute the lifecycles of various investment programs
local news) into deal assessment, due diligence, and prioritization
Conduct desk research, perform financial analysis and modeling, and engage in informational interviews independently and collaboratively to inform deal design
Apply structured and creative approaches to problem-solving, using frameworks to develop and test hypotheses, and drive toward recommendations
Manage relationships with external partners and lead daytoday communications
Actively manage and elevate issues and risks, both internally and externally, using industry best practices
7+ years of continuous, full-time professional experience, including at least 3 years structuring investments and financial transactions, ideally focused on financing small businesses or nonprofit organizations through community/commercial/investment banking, private credit, venture capital, or private equity (formal investment training is a plus)
~ Experience engaging with the local media ecosystem, through journalism, impact investing, philanthropy, or other efforts to strengthen local news organizations and community information networks, is preferred
~ Strong project and team management experience, including the ability to lead multiple high priority workstreams, manage junior staff towards timely project and deal execution, ensure timely issue resolution, and engage in risk monitoring and mitigation
~ Demonstrated experience with financial modeling and analysis, with an interest and comfort in coaching junior staff to develop these skills

~ Ability to navigate complex investment landscapes, prioritize opportunities, and maintain the critical path toward fund goals with a bias toward action
~ Exceptional verbal and written communication skills, with the ability to deliver executive-level messaging and build trust with external stakeholders
~ Commitment to high-quality work and accuracy, even in a fastpaced environment with multiple competing priorities
~ Exceptional analytical, creative, and collaborative problemsolving skills, with a positive solution orientation
~ Comfort with ambiguity and the ability to adapt and be flexible in a dynamic environment
~ Commitment to actively supporting and enhancing a team and companywide culture of inclusion, belonging, and equity

Comprehensive health care coverage: medical, dental and vision insurance; flexible spending accounts; Retirement savings plan with employer contribution
Shortterm, longterm and life insurance policies
Commuter benefits and cell phone reimbursements
Hybrid work model (in office a minimum of two days per week and on an adhoc basis as needed)
Dedicated budgets for team building and employee recognition
Collaborative and energizing workspaces in downtown Boston, MA; Paid vacation and paid holidays (with 12/24-1/1 off every year)
Full-time
Finance
Investment Banking, Venture Capital and Private Equity Principals, and Banking

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