Impact Investment Leader
5 days ago
Locus is a nonprofit holding company regulated by the Federal Reserve, dedicated to ensuring that everyone can live in healthy, thriving communities. We partner with communities where the capital system is not working and offer innovative financing tools and professional advisory services to individuals and organizations in low-to-moderate income and underserved communities.
This role will support foundations and community development investors in their pursuit of impact goals by helping them to design, develop and manage guarantee programs and other investment funds. The successful candidate will have strong analytical and interpersonal skills, experience in impact investing or philanthropy, and excellent communication and presentation skills.
Responsibilities
- Manage ongoing operations for existing Locus managed funds including: performing, overseeing and/or managing asset servicing, portfolio management, financial and impact reporting, accounting, budgeting and cash management, audit, and investor relations.
- Manage investment pipeline, and oversee deal sourcing, structuring, evaluation, decisioning, and closing via internal and/or outsourced functions.
- Oversee and manage internal and third-party provider's due diligence and underwriting of potential client investments.
Qualifications
- Bachelor's degree, ideally with coursework in finance or economics; master's degree in relevant field preferred.
- At least ten (10) years of professional experience; with at least five (5) years in relevant work experience in impact investing or philanthropy, community development finance, commercial or investment banking, structured finance, or private equity or debt.
Benefits
$125,000 - $160,000 annual salary, depending on skills and experience, bonus opportunity if bonuses are paid in any given calendar year, 17-days of PTO per year, 11-Paid holidays per year, medical, dental, vision, short- and long-term disability insurance, 401k savings plan with employer match, life insurance, flexible work environment hybrid or remote options.
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