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Capital Integration Officer, Restorative Economies Initiative

2 months ago


San Francisco, California, United States Global Impact Investing Network Full time

Position Overview:

Located in the San Francisco Bay Area, the Integrated Capital Officer will be responsible for various key functions:

Management of Integrated Capital Investment Portfolio (50%)

  • Ensure timely submission and receipt of comprehensive bi-annual reports from our donor-advised fund provider for each borrower.
  • Analyze bi-annual reports to evaluate the financial and operational stability of each borrower, and follow up to address any inquiries or concerns regarding the provided materials.
  • Compile a bi-annual summary report for each organization detailing compliance with loan agreements and assessing impact.
  • Evaluate overall portfolio performance through detailed analysis of bi-annual reports.
  • Contribute insights from portfolio assessments to data tracking and narrative development for the Restorative Economies Fund.
  • Present updates on the portfolio to the REF Team, Staff, and Board as necessary.
  • Modify loan documents and notes to credit files as required.
  • Conduct research and analysis on trends, gaps, and observations regarding the qualitative and quantitative performance and impact of REF's investments.

Relationship Management (15%)

  • Alongside the Chief Investment Officer, perform regular check-ins with our portfolio community to evaluate the current business landscape, including social and economic conditions of the served communities and organizational needs where support may be provided.
  • Engage in funder briefings to capture essential updates and advocate for each borrower.
  • Identify impactful stories to share with the Global Impact Investing Network team and the broader field in collaboration with the Managing Director, REF, and Director of Communications.
  • Participate in events organized by ecosystem partners to stay informed about the field and foster strategic partnerships.

Loan Underwriting (20%)

  • Assist the Chief Investment Officer in the underwriting and closing of new loans, which includes:
  • Assessing community risk;
  • Reviewing financial statements and impact reports;
  • Monitoring the status of underwriting;
  • Ensuring timely receipt of items on the due diligence checklist;
  • Preparing sections of the credit memo;
  • Proofreading and finalizing credit memo and materials for donor advised fund underwriting.

Grants Administration (10%)

  • Support the REF Program Officer with inquiries from new grantees and manage the grants process.
  • Assist the REF Program Officer in preparing grant memorandums for review and approval.
  • Participate in decision-making meetings for new grantees.
  • Contribute to special projects related to grant administration as needed.

Operations and Administration (5%)

  • Identify and develop systems to enhance current processes.
  • Contribute to the annual and periodic budget objectives for the Restorative Economies team.
  • Collaborate with team members on various projects as appropriate.
  • Support the development and well-being of the REF and broader team culture.

The Integrated Capital Officer must be based in the San Francisco Bay Area within the first six months of employment.

Compensation and Benefits:

Salary is competitive and commensurate with experience, with a range of $145,000 - $155,000. The organization offers a comprehensive benefits package, including:

  • Group Insurance Benefits: Fully covered premiums for health, dental, and vision insurance, long-term disability, life insurance, and a supplemental health insurance plan.
  • 401k Contribution: An employer contribution of 15% of salary (up to the legal maximum).
  • Paid Time Off (PTO): A generous PTO program for any purpose.
  • Paid Sick Time (PST): Separate accruals for sick time in addition to PTO.
  • Other Time Off: At least 11 paid holidays, a two-week operational shutdown at year-end, and floating holidays.
  • Reflection Week: A week dedicated to reflection on work-related topics.
  • Paid Leaves of Absence (LOA): Up to four months paid LOA for pregnancy disability and family medical leave after one year of employment.
  • Employee Discretionary Grants Program: A program allowing employees to direct grants to chosen organizations.
  • Professional Development Budget: Annual funding for job-relevant conferences and educational events.
  • Home Work Space Budget: A budget for creating a comfortable home workspace.
  • Work From Home Monthly Allowance: A monthly allowance for business-related expenses incurred while working from home.
  • Cell Phone Support: Financial assistance for a new cell phone every three years.

Qualifications:

The Ideal Candidate:

The organization values leadership from individuals within the communities served, believing it enhances resource and risk management. The ideal candidate will possess:

  • Minimum 5+ years of experience in economic development, investing, lending, financial advocacy, or social movements.
  • Strong verbal and written communication skills with the ability to manage stakeholders.
  • Comprehensive understanding of financial terminology, budgets, and reports, with comfort in detail-oriented numerical work.
  • Ability to work both independently and collaboratively.
  • Strong analytical skills to draw conclusions from financial and impact data.
  • Excellent organizational skills and attention to detail.
  • A deep understanding of systemic and institutional racism and its impact on risk assessment.

The organization encourages applications from candidates with diverse experiences, particularly those from social movements committed to advancing racial and economic justice.

Equal Opportunity Employer:

The organization is an equal opportunity employer, welcoming applicants from all backgrounds and committed to equity, diversity, and inclusion.